"Regency Mines (#RGM) reveals raft of changes including board changes, fundraising, debt restructuring, and share consolidation.Full details here - https://t.co/mQbZ1KAPPY"Read full newsRead More
Publisher's Note: James Dines, widely known as "The Original Goldbug," brings his formidable experience and expertise with precious metals to his readers in the latest issue of The Dines Letter.Read on for his expert analysis and a look at the kinds of stocks to be buying today.To your wealth,Nick Hodge Founder & President, Outsider Club"Take calculated risks. That is quite different from being...Read More
Tin ended higher on the London Metal Exchange on Friday December 6, closing above $17,000 per tonne for the first time since September.Copper also closed positively, ending just below $6,000 per tonne. The three-month tin price finished at $17,075 per tonne, up by 1.7% on Thursday's close. Turnover was high at around 475 lots by the close, the most since November 21.The metal ignored LME tin stock...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Responsible sourcing initiatives are now a growing component of the metals and mining industry, with the London Metal Exchange recently issuing its requirements for compliance.Technology start-up company Minexx has broadened that effort, implementing blockchain technology to its pilot site in Rwanda in an effort to bring transparency and trust to the mining industry. Problems surrounding occupatio...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday December 6. China Domestic 75-grade alloy prices dropped for the first time since late September in response to the bearish outlook for the forthcoming steel mill tender prices for deliveries of 72-grade alloy, in addition to falling downstream magnesium prices and persistent weak exports.Sentiment...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday December 6. China Seaborne 37% and 44% manganese ore prices rose after some suppliers offered only limited volumes of material for January delivery. Many Chinese alloy smelters sought to build positions in seaborne cargoes out of fear of missing out on ore prices at their comparatively l...Read More
Newcrest paid C$79.6 million (US$59.9 million) to lift its holdings after acquiring an initial 27.1% stake in 2018 for a $250 million investment. The move increases the Australian miner's exposure to Ecuador, where Lundin is developing the 5Moz high-grade Fruta del Norte gold deposit.Newcrest said it paid C$7.25 per share."This was a great opportunity to increase our exposure to Fruta del Norte, a...Read More
Glasenberg said on a conference call this week the company had no plans to quit the coal business despite agreeing to keep its coal production at 150 million tonnes a year to satisfy climate-focusedRead More
The good news was confirmation that the big Anglo-Australian miner will invest US$1.5 billion to extend the operations of its 116-year old Kennecott copper business in Utah for another 13 years.Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday December 6. China Spot Chinese ferro-chrome prices dropped after major stainless steel mills in China announced lower tender prices for December. Some producers continued to cut offers to encourage sales and generate cash flow ahead of year-end. The imported charge chrome price in...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce the appointment of Mr. Richard Hoy to its Board of Directors. With over 30 years experience, Mr. Hoy has a highly successful track record of leading and building enterprise sales teams to deliver accountable and significant revenue growth. He is appointed as an active board m...Read More
Adam HamiltonArchivesDec 06, 2019 Gold has been correcting following last summer's powerful bull-breakout upleg. Since peaking, gold has inexorably drifted lower in a well-defined downtrend. Traders are wondering when this necessary and healthy sentiment-rebalancing selloff will bottom, paving the way for gold's next upleg. But this correction still has a ways to run, according to speculators' gol...Read More
An overview of the minor metals markets and their latest price moves.Read More
Fastmarkets will maintain the frequency of publication of its European germanium metal and tellurium assessments and Chinese germanium dioxide assessment following a consultation.Fastmarkets will continue to publish these three price assessments on a twice-weekly basis on Wednesdays and Fridays. After receiving market feedback during a one-month consultation, Fastmarkets has decided to maintain th...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 346,52555,82093,891203,920526,707644,336676,418 Change from Prior Reporting Period 21,2392,16836912,37229,69233,98032,229 Traders 20552745053280158 Small Speculators LongShortOpen Interest 56,68024,598701,016 -2,232-48131,748 non reportable positionsChang...Read More
Gold has been correcting following last summer's powerful bull-breakout upleg. Since peaking, gold has inexorably drifted lower in a well-defined downtrend. Traders are wondering when this necessary and healthy sentiment-rebalancing selloff will bottom, paving the way for gold's next upleg. But this correction still has a ways to run, according to speculators' gold-futures positioning wh...Read More
- Gary SavageGold market update: Signs of a similar H1-2019 pattern? Similar pattern emerging to earlier this year with gold now reversing higher with higher lows and higher highs -- we are starting to stair-step up. Banks going to get stuck in another short squeeze? All the poor saps who sold out at the intermediate bottom..December 5th video update.Gary Savagehttp://blog.smartmoney...Read More
Gary TanashianWe all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be in place at tops in the metals. Well, the metals topped in the summer, so what does that tell us?For one thing it tells us that bull market rules are different from bear market rules as per this post from August as gold was to...Read More