Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More
Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More
Bitcoin has appreciated exponentially lately. It’s four times where it was trading a year ago. At US$32,795, it could be in a bubble. At least, it’s probably not a good time to buy. Though, investors who are bullish on it can still hold what they have as a part of a diversified portfolio.Historically, when the U.S. dollar falls relative to other currencies, the price of gold tends to r...Read More
Gold surged back above US$1,900 to start 2021. At the same time, Bitcoin dropped from its records highs. Investors are trying to decide if Bitcoin or gold is a better bet in 2021.Is this the right time to sell Bitcoin and add gold stocks to your portfolio? Why gold stocks look oversoldGold stocks peaked at the end of the summer and have since drifted lower. For example, Barrick Gold (TSX:ABX) (NYS...Read More
Deloitte, a leading professional services firm, sees a slow recovery of the U.S. economy in 2021, with gross domestic product (GDP) slipping by 1.7%. Vaccine development was the good news in December 2020, propping up stocks. However, COVID-19 has inflicted severe damage that even trillions of dollars in stimulus plans can’t stave off a market crash forever.A signal that something isn’...Read More
I've got some great news...This article isn't about the election, coronavirus, or Congress.Even better, it's about something that's massively significant to your life, my life, and the fabric of America's freedom. And it's also about the top issue on Trump's mind this week.How do I know?It's not from Twitter or the news - but rather from the most significant communications channel still at Trump's...Read More
Here are five Fastmarkets stories you might have missed on Tuesday January 5 that are worth another look.Russia's government has done as was expected and has approved an increase in the export duty to be applied to ferrous scrap for the next six months.London Metal Exchange...Read More
Three-month LME copper and tin prices continued to rise on Tuesday January 5, with the red metal coming close to its 2020 high, on a day when the rest of the base metals all saw increases, supported by a low US Dollar Index.Copper's three-month price settled at $8,002 per tonne on Tuesday at the 5pm close, just a few dollars short of the metal's 2020 high of $8,028 per tonne reached on Decemb...Read More
London Metal Exchange spreads are usually a key driver for duty-unpaid aluminium premiums in Europe but this was not the case toward the end of 2020, leaving market participants wondering what will be main driver in 2021. Since late November, the Rotterdam duty-unpaid premium has been steadily rising despite spreads trading at levels that would usually bring it down. Fastmarkets assessed the ...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 5, 2021 The year 2020 was a solid year for gold, silver, and associated miners.The juniors were particularly impressive. Please click here now: Double-click to enlarge this important weekly gold chart. It should be clear that the traditional Chinese New Year gold price rally is officia...Read More
Here are five Fastmarkets stories you might have missed on Tuesday January 5 that are worth another look.Russia's government has done as was expected and has approved an increase in the export duty to be applied to ferrous scrap for the next six months.London Metal Exchange...Read More
Peru reported a year-on-year increase in both zinc and tin production during November 2020, while output of copper and lead fell on the same basis of comparison, the country's ministry of energy and mines, Minem, said on Tuesday January 5.Copper output was down from a year before but remained close to the highest levels seen through 2020, the data showed. Production hit 206,387 tonnes in November,...Read More
Chile's output of copper decreased by 3% year on year in November 2020 amid a drop in volumes from large mines such as Escondida and Collahuasi, national copper commission Cochilco said on Tuesday January 5.Production in Chile totaled 485,100 tonnes during November, down from 500,100 tonnes a year earlier, data from Cochilco showed.Government restrictions to fight the Covid-19 pandemic in Chile re...Read More
An overview of the chrome ore and alloy markets on Tuesday January 5 and their latest price moves. China Tsingshan and Baosteel increased their ferro-chrome tender prices by $31 per tonne for January. Market sentiment was propelled higher after ferro-chrome producers adjusted up their offer prices. The imported ferro-chrome price surged...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to provide the following letter to all shareholders from the CEO.Dear Shareholders and Investors,This past year marked a strong debut year for Summa Silver. After listing in February, the Company quickly optioned two high-quality silver and gold exploration properties in und...Read More
Here are five Fastmarkets stories you might have missed on Tuesday January 5 that are worth another look.Russia's government has done as was expected and has approved an increase in the export duty to be applied to ferrous scrap for the next six months.London Metal Exchange...Read More
China-based minor metals producer Vital Materials has acquired the industrial site of PPM Pure Metals at Langelsheim, Germany. Vital will operate the assets through a newly established subsidiary, Vital Pure Metal Solutions GmbH (VPMS), that will be fully integrated into Vital's global network as a platform to provide sales and recycling solutions to the global customer base, Vital told Fastmarket...Read More
Here are five Fastmarkets stories you might have missed on Tuesday January 5 that are worth another look.Russia's government has done as was expected and has approved an increase in the export duty to be applied to ferrous scrap for the next six months.London Metal Exchange...Read More
Steel scrap prices in Mexico resumed an upward trend in the week ended Friday January 1, with many consumers accepting higher prices for scrap in the final days of 2020 when struggling to secure supply.At least two steel producers in Mexico increased their scrap purchase prices because it has been difficult to secure material, due to the strong competition.In mid-December, tough competition betwee...Read More
Turkish steel mills remained quiet in the deep-sea scrap markets on the second working day of the week, while the market was generally slow during the new year holidays, sources said on Tuesday January 5.Market participants believed that the mills in Turkey would be out of the market until next week, when they are expected to start their purchases for February-March cargoes.Turkish steelmakers hav...Read More