The Turkish steel mills have continued their April scrap bookings at comparatively higher prices, sources said on Monday March 5.A steel mill in the Izmir region was heard booking a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $372 per tonne and bonus at $382 per tonne cfr. The breakdown of the cargo was not clear at...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Vendetta (TSXV: VTT) Reports Metallurgical Test Work and Demonstrates High Lead and Zinc Recoveries and Concentrate Grades from the Pegmont Lead-Zinc Project Vancouver, British Columbia - March 5, 2018 (Newsfile Corp.) (Investorideas.com Newswi...Read More
BRATISLAVA (Reuters) - Slovak Prime Minister Robert Fico is ready to discuss issues with his two coalition partners following the murder of an investigative journalist, he said on Monday, but fought back against pressure to shake up his cabinet.President Andrej Kiska, in a televised address on Sunday, called either for substantial changes to the government or for early elections to rebuild public...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop DNI Metals (CSE: DNI) Assays for an Additional 17 Drill Holes and 1 Trench Received; Including 14.64m Grading 9.92% Graphitic Carbon from Surface and 24.00m Grading 7.71% Graphitic Carbon in Trenching (4m depth) Toronto, Ontario - March 5, 2018...Read More
Turkish domestic scrap prices strengthened over the past week, in line with rising imported scrap costs, sources said on Monday March 5.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was TRY1,260-1,400 ($331-367) per tonne delivered on March 5, narrowing upward from last week's TRY1,230-1,400 per tonne.The change came about after a number of steel mil...Read More
Have you seen the media freaking out over Amazon buying Whole Foods?The photos you may have seen of empty Whole Foods shelves were taken during this past season’s hurricanes when customers bought up supplies at a fast pace in case of emergency. It had nothing to do with the Amazon deal.It is all fake news according to Whole Foods CEO John Mackey.The truth is that Amazon and Whole Foods are...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Margaux Resources Ltd. (TSXV: MRL) (OTCQB:MARFF) Provides 2017 Exploration Activities Highlights on its Sheep Creek Gold District and Kootenay Arc Zinc District; Attendance at PDAC 2018 Calgary, Alberta - March 5, 2018 (Newsfile Corp.) (Investo...Read More
A high availability of scrap put pressure on European floated frag and cast prices on Friday March 2, with Metal Bulletin's assessments dropping for the first time since September 15, 2017. Metal Bulletin's prices for floated frag for delivery in Europe, fell to ?,?1,280 -1,310 ($1,577-1,614) per tonne in Friday's assessment from ?,?1,300-1,330 per tonne seven days earlier, while European cas...Read More
ROME (Reuters) - Former Italian prime minister Matteo Renzi resigned on Monday as leader of the centre-left Democratic Party (PD) after a bruising defeat in a national election.The PD took just under 20 percent of the vote in Sunday’s ballot, its worst result since its creation in 2007, despite presiding over a modest recovery in the euro zone’s third-largest economy.Beaten by the anti...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Fremont Gold (TSXV: FRE) (OTC Pink: USTDF) Announces Drill Program at its Gold Bar and Gold Canyon Properties, Nevada Vancouver, British Columbia - March 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Fremont Gold Ltd. (TSXV: FRE) (OTC P...Read More
Comex copper prices inched higher in early-Monday trading on March 5 after trending lower last week.Copper for May settlement on the Comex division of the New York Mercantile Exchange gained 0.1 cents or 0.1% to $3.1255 per lb. Last week, the contract traded at a multi-week low before recovering slightly Friday afternoon."We should now get an update on how bullish underlying support...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Secova (TSXV: SEK) and Tres-Or (TSX-V: TRS, OTCPK: TRSFF) Announce Assay Results at Duvay-Chenier Gold Project in Quebec Which Show Extensive Gold Mineralization at Surface Vancouver, British Columbia - March 5, 2018 (Newsfile Corp.) (Investori...Read More
Trump ups trade pressure on Canada, Mexico; senior Republicans urge rethink Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purpo...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Vangold Mining (TSXV: VAN) (OTC Pink: VGLDF) Concludes Phase 1 Drilling at El Pinguico to Focus on Phase 2 Drilling In-Situ El Pinguico Vein Vancouver, British Columbia - March 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vangold Minin...Read More
CloseGain/LossGold $1319.60-$2.30Silver$16.43-$0.08XAU79.10+0.44%HUI174.35+0.78%GDM603.42+0.25%JSE Gold1108.17+0.60USD90.00+0.06Euro123.36+0.08Yen94.25-0.41Oil$62.57+$1.3210-Year2.884%+0.024T-Bond143.96875-0.46875Dow24874.76+1.37%Nasdaq7330.70+1.00%S&P2720.94+1.10% The Metals: Gold gained $5.80 to $1327.70 in Asia before it dropped back to $1317.40 by midafternoon in New York, but it then...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Canadian Zinc Reports Remaining Drill Results at Lemarchant Deposit, South Tally Pond Project, Newfoundland2017 drill program successfully extends the Lemarchant Deposit mineralization14.5% copper over 0.6 metres (LM17-161) in latest drilling re...Read More
Base metals traded on the London Metal Exchange are for the most part weaker this morning, Monday March 5, with the complex down by an average of 0.4%.Nickel leads on the downside with a 1.1% fall, copper prices are down by 0.4% at $6,887 per tonne and tin is the only metal where prices are higher, up by 0.2% at $21,595 per tonne.Volume has been high with 10,045 lots traded as of 07.30am London ti...Read More
(Kitco News)- Australiangold production hit its highest level in almost two decades and new golddiscoveries and higher prices should help the nation maintain its position asthe second largest gold producer in the world, according to mining consultingfirm Surbiton Associates Pty Ltd.In a reportSunday, the firm said that Australian gold production rose to 301 tonnes in2017, its highest level since 1...Read More
By Visual CapitalistThere is nothing more exciting than making some type of discovery.Discoveries can come in many forms - they can be physical, scientific, personal, or even philosophical in nature. But while there are different types of discoveries that can be made, perhaps the most tactile kind of discovery is in the field of mineral exploration. The discovery of a mineral deposit can transfo...Read More