(Kitco News)- Gold prices are holding on to daily gains as the Federal Reserve maintains its forecast that it will raise interest rates only three times this year, while signaling more rate hikes in 2019 and 2020As widely expected, the U.S. central bank raised interestrates by 25 basis points, pushing the federal funds rate to a range between1.50% and 1.75%. However, most investorswere focused o...Read More

Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More

(Kitco News) - The Goldman Sachs Commodity Index (GSCI) is a basket ofseveral major raw commodity futures prices, including grains, energies,international foods, metals and livestock, rolled into one composite index. Theindex is a good gauge of the general trend of the raw commodity sector. See onthe weekly GSCI chart that prices are still in an uptrend that began in early2016. In fact, recent pri...Read More

(Kitco News)- Although Goldman Sachs isoptimistic on gold prices this year, the investment firm sees the mostpotential in copper.In its latest research, led bycommodity analyst Matthew Korn, Goldman said that it is bullish on copper asthe market faces impending supply issues. For this reason, analysts see mininggiant Freeport-McMoRan (NYSE: FCX) as a good investment. The bank has a pricetarget of...Read More

Comex copper prices bounced back on Wednesday March 21 ahead of the conclusion of the US Federal Reserve meeting with the dollar experiencing a bout of weakness. Copper for May settlement on the Comex division of the New York Mercantile Exchange inched up 0.75 cents or 0.3% to $3.0455 per lb. Yesterday, the contract hit a three-month low. "Today, the Fed concludes its two-day policy meeting which....Read More

Buying from Chinese manganese smelters might slow down but strong market fundamentals will support manganese prices, participants said during a panel discussion at the Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21.On the supply side, current inventories at the Chinese ports of Tianjin and Qinzhou are around 2.0-2.1 million tonnes, according to Metal Bulletin's assessment on Marc...Read More

(Kitco News)- Somegold investors were dealt a blow Wednesday, losing what could be a major ally,after famed Hedge Fund owner John Paulson shut down his firm’s gold fund.Accordingto Bloomberg, Paulson & Co. has returned client capital that was investedin its gold and special situation hedge funds. The move comes after the firmhas seen its assets plunge by almost $30 billion in the last fo...Read More

BHP (AU:BHP) had a positive day in Australian trade after telling a Global Iron Ore and Steel Forecast conference in Perth that emerging Asia would drive steel demand.Staff reporterMajor project nearing approval21 MARCH 201821/03/2018commentsshareWestern Australia iron ore asset president Edgar Basto said the company's South Flank iron ore project was scheduled to be submitted for board approval m...Read More

Rosy Mondin, CEO of Quadron Cannatech Corporation (CSE:QCC) was recently featured in an exclusive interview by New Cannabis Ventures for readers to learn more about Quadron Cannatech, its current subsidiaries and future milestones for 2018.See below for excerpt and link to the article.In addition to its subsidiaries, Quadron is forming strategic partnerships with other companies in the industr...Read More

Jonathan Spicer, Jason LangeWASHINGTON (Reuters) - The Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, signaling growing confidence U.S. tax cuts and government spending will boost the economy and inflation and lead to more aggressive future tightening.In its first policy meeting under new Fed chief Jerome Powell, the U.S. central bank indicated th...Read More

Key data from the Wednesday March 21 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al), $ per kg, delivered duty-paid in EuropeTodayPreviousChange to midpoint of rangeMidpoint % change4.655.3-0.075-1Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn), $ per lb, cif European ports...Read More

CloseGain/LossGold $1333.40+$23.00Silver$16.60+$0.40XAU80.59+3.16%HUI174.49+3.12%GDM609.50+2.46%JSE Gold1066.77+5.10USD89.65-0.76Euro123.47+1.01Yen94.62+0.54Oil$65.17+$1.6310-Year2.882%-0.005T-Bond143.78125-0.0625Dow24682.31-0.18%Nasdaq7345.29-0.26%S&P2711.93-0.18% The Metals: Gold saw decent gains in Asia and London and climbed $16.10 to as high as $1326.50 in late morning New York trade...Read More

Key Metric LIBOR OIS Signals Major Credit Concerns - Widening of the spread between LIBOR OIS (overnight index swap) rate raises concerns- Spread jumped to 9 year widest spread, rising to 54.6bps, most since May 2009.- Libor recently moved to over 2% for first time since 2008- Wider spread usually associated with heightened credit concernsEditor: Mark O'ByrneMajor credit concerns are back as one...Read More

Last year, Blackheath Resources (BHR.V) completed an additional drill hole at the Santa Helena breccia, part of the Borralha tungsten project. This hole was drilled approximately 100 meters south of hole 8A where assay results revealed an interval of 118 meters containing 0.29% WO3.Hole BO17 entered mineralization at a depth of just 5 meters and intersected a wide interval of 157 meters at 0.17% W...Read More

CRU lead, zinc and precious metals research manager Ryan Cochrane presented at the CRU Metals in the Future 2018 conference this week, talking about investment opportunities posed by the four main base metals - nickel, copper, zinc and lead.Staff reporter Ryan Cochrane and CRU see zinc prices continuing their run until the middle of the yearCRU Group21 MARCH 201821/03/2018commentsshare Mining Jour...Read More

SANTIAGO, Chile (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday his agency has worked on U.S. investment restrictions on China for President Donald Trump to consider as part of his decisions on intellectual property actions against Beijing.“We have worked on options for his consideration,” Mnuchin said, referring to Trump.Mnuchin also told Reuters in an interview t...Read More

Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More

Simon Johnson, Jussi RosendahlVANTAA, Finland (Reuters) - Informal talks held in Finland between North Korean, South Korean and U.S. delegates ended on Wednesday, the Finnish foreign ministry said, describing the talks as constructive.Some 18 delegates from the three countries, including Choe Kang Il, a deputy director general for North American affairs at North Korea’s foreign ministry, cam...Read More

Much has been made of the world's vast lithium resources during the slow realisation that the electric-vehicle (EV) story had both a supply and demand side. However, China, the world's largest consumer of lithium, has no plans to ease up on its efforts to lock in supply, regardless of how much is on offer. China's progressive attempt to gain control over its lithium supply21 MARCH 201821/03/20...Read More

Brixton Metals (BBB.V) continues its exploration activities in the Cobalt Camp in Ontario, and has now released the assay results from another six holes drilled at the Hudson Bay project. Hole 06 is the most intriguing hole as it intersected 6.7 meters of approximately 20 ounces of silver per tonne of rock as well as 0.26% copper and 0.57% ZnPb. There was no cobalt present in hole 6 (which is perh...Read More