Mr. Jean-Sebastien David reportsARIANNE BEGINS R&D EFFORT TO INTEGRATE ALUMINUM INTO ITS TRUCK TRAILERSArianne Phosphate Inc. has started research and development work to integrate aluminum in the design of the trailer that will transport the phosphate concentrate from the Lac a Paul mine to the deepwater port that will be located in Sainte-Rose-du-Nord. The work will be done by the National R...Read More
Renewedconcerns about a potential trade war as a direct result of proposed tariffs onsteel and aluminum has resulted in both a lower U.S. dollar as well as buyersaccumulating gold. Gold futures are currently trading up $15.50 at $1335.40.Lastweek President Donald Trump proposed the implementation of steel and aluminumtariffs. This proposal has met with global and internal resistance. Nonetheless,...Read More
(Kitco News)- Investor sentiment in silver is it at historical lows, butone analyst remains optimistic that the metal’s industrial applications canhelp turn the market’s fortunes around.In a recent report for the London Bullion MarketAssociation, Jonathan Butler, precious metals strategist at MitsubishiCorporation, said that coordinated global economic growth should help silverregain i...Read More
Mr. Jean-Sebastien David reportsARIANNE BEGINS R&D EFFORT TO INTEGRATE ALUMINUM INTO ITS TRUCK TRAILERSArianne Phosphate Inc. has started research and development work to integrate aluminum in the design of the trailer that will transport the phosphate concentrate from the Lac a Paul mine to the deepwater port that will be located in Sainte-Rose-du-Nord. The work will be done by the National R...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
Mar 06, 2018 Guest(s): Colin Hamilton Commodities Research, BMO Capital Markets Investors have placed more interest in the industrial, rather than precious metals, and Colin Hamilton, Managing Director of Commodities Research at BMO Capital Markets, said that there is good reason for this."The industrial metals are doing really, really well. We've got China, three years of outperformance now. Ex...Read More
Rates for home loans churned higher as investors braced for more interest rate increases and inflation quickened. The benchmark 30-year fixed-rate mortgage averaged 4.43% during the week ending March 1, according to Freddie Mac's weekly survey, out Thursday. That was up three basis points from the prior week and leaves rates nearly half-a-percentage point higher than the level at which they starte...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
Iran is implementing its nuclear-related commitments under the Joint Comprehensive Plan of Action (JCPOA), Yukiya Amano, director general of the International Atomic Energy Agency (IAEA) confirmed to his board of governors yesterday. Amano said the plan represents a "significant gain" for nuclear verification.Yukiya Amano addresses the IAEA Board of Governors (Image: Dean Calma/IAEA)Amano said IAE...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
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
Swiss utility Axpo has received regulatory approval to bring unit 1 of the Beznau nuclear power plant (KKB) back into service this month after evidence it submitted last December proved aluminium oxide inclusions in the reactor pressure vessel do not affect the unit's safety.Beznau unit 1 (Image: ENSI)he RPV was manufactured in the Creusot Forge in France in the 1960s. According to the production...Read More
The three-month copper price rebounded over $7,000 per tonne for the first time this month at the close on Tuesday March 6, with the metal undergoing a short-covering rally. "Given the drop in open interest so far this week, LME copper seems to be experiencing a short-covering rally. But fresh buying needs to emerge to make the LME copper strength sustainable," Boris Mikanikrezai, Metal Bulletin a...Read More
The International Atomic Energy Agency has launched the first regional training course in the Middle East on pressurised water reactors (PWRs). In cooperation with the University of Sharjah, in the United Arab Emirates, the course took place between 19 and 23 February and brought together more than 20 participants from eight IAEA Member States at the university's College of Engineering.A course pa...Read More
The changing dynamics of bauxite and alumina markets have demanded an evolution in the means of pricing them. The alumina market - and the way it is priced - has transitioned over the past 10 years. Fixed-price, long-term contracts, agreed as a percentage of the aluminium price on the London Metal Exchange, have instead transformed into contracts tied to third-party reference prices or indices, in...Read More
Should this surprise anyone?An interesting study by a Phd candidate at the University of Chicago is being released which shows a statistically high incidence in taxi trips between the NY Fed and big NY banks clustered around FOMC meetings:Mr. Finer writes that "highly statistically significant patterns in New York City yellow taxi rides suggest that opportunities for information flow between indiv...Read More
Base metals prices on the London Metal Exchange were higher across the board during morning trading on Tuesday March 6 - with the complex beginning to recover from Monday's weakness. Zinc prices hit a fresh two-month low yesterday after 78,950 tonnes were delivered into LME-approved warehouses in New Orleans. But the three-month zinc price was $26.50 higher per tonne this morning despite 14,175 to...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
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comMar 6, 2018Gold is showing solid rallies from my $1310 area buy zone (basis April futures). From both a love trade and fear trade perspective, the fundamental picture is becoming more positive.Pleaseclick here now. I’ve repeatedly highlighted the fact that while America has the worl...Read More
Ganzhou Tungsten Association (GTA) has raised its tungsten price forecasts for March in line with the price recovery in the spot market after the Chinese New Year break and due to strong expectations for tighter supply in tungsten concentrates in March. The China-based association forecast average prices for black tungsten concentrate 65% and ammonium paratungstate (APT) in March at 113,000 yuan (...Read More