Iron ore output at Anglo American's Brazilian Minas-Rio operation is still halted after a slurry pipeline rupture, but shipments are not expected to be affected, it told Metal Bulletin on Friday March 16."So far, there is no impact forecast," the miner said. "There are around 700,000 tonnes of iron ore stocked, which is a sufficient volume to meet the shipping schedule of the next vessels."The com...Read More

New long steel capacity in the pipeline in the Philippines may well disrupt trade flows in Asia once they come on stream, market sources told Metal Bulletin this week.This is because the Philippines could reduce its reliance on imports, which would result in seaborne cargoes being diverted elsewhere in the region. Major Philippine rebar producer SteelAsia Manufacturing Corp plans to increase its c...Read More

Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. Read More

The gold miners’ stocksremain deeply out of favor, trading at prices seen when gold was half or even aquarter of current levels.  So manytraders assume this small contrarian sector must be really struggling fundamentally.  But nothing could be farther from thetruth!  The major gold miners’recently-released Q4’17 results prove they are thriving.  Their languish...Read More

On Thursday crude oil wavered between smallgains and losses, but finished the day only 23 cents above Wednesday closingprice. Such small daily changes that we observe recently don’t look too encouragingfor oil bulls or for the bears. However, to dispel boredom, we rummaged deeper inthe charts and we found something that may interest both sides of the market’sbattle. Curious?Nevertheles...Read More

We have seen downgrade after downgrade on Barrick Gold (ABX) for years. Many keep looking lower and lower, with some even considering that this stalwart in the miners’ complex may even go out of business due to its debt load.However, back in 2015, it was one of the first miners to bottom. In fact, when we saw the potential bottoming of ABX in 2015, we actually opened our EWT Miners Portfolio...Read More

Continue...Bill Holter is currently a writer for Miles Franklin and Jim Sinclair's Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper...Read More

President Trump's new economic adviser did an interview on CNBC's Closing Bell Wednesday andContinue...Read More

Gold could drop $5 to $6 an ounce upon the Fed's announcement next week, then rebound quickly, said Peter Hug, Director of Global Trading at Kitco Metals."I am not in the camp that the Fed is going to be aggressive this year, on a four-rate [hike], increased kind of tempo, I just think there's too many headwinds out there that's going to give the Fed pause," Hug told Kitco News.Hug noted that duri...Read More

Mar 19, 2018 Guest(s): Erik Norland Senior Economist, CME Group Due to a strong labor market and an expanding economy, markets should expect the Fed to err on the side of hawkishness, said CME Group's Executive Director and Senior Economist, Erik Norland."This is the Fed that's obviously going to raise rates on Wednesday, I think there's really no question about that, but I think they'll be prep...Read More

JOHANNESBURG (miningweekly.com) – Mining production increased by 2.4% year-on-year in January, bolstered by strong growth in iron-ore production and “other” non-metallic minerals, Statistics South Africa figures how.The January growth compares with a contraction of 0.5% in December.AdvertisementInvestec states that the growth was above consensus expectations of 1.3% year-on-year,...Read More

Listen to this podcast on our site by clicking here or subscribe on iTunes here.Oppenheimer's Ari Wald says if we look back to 2015 and 2016, we formed an important market bottom in February 2016 when the S&P 500 was trading around the 1800-level.Historically speaking, that was consistent with a non-recessionary bear market. Even though the economy didn't reset, price action did...Read More

Mar 20, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors Gold has historically been depressed ahead of Fed meetings but rallies immediately afterward, said Frank Holmes, CEO of U.S. CEO of U.S. Global Investors."There's a lot of parity trading that basically depresses gold going into that and after that, and after we finally get the rate rise behind this, gold pops," Holmes told Kitco News...Read More

We all know by now that marijuana has taken over the United States and Canada.The U.S. market is projected to be a $14.5 billion business this year.Canada is opening its doors for full regulation this summer, and is slated to bring in around $10 billion. Those are both massive markets, and I'm heavily exposed to each. But that isn't what I'm excited about right now. I'm waiting for the entire glo...Read More

China is the world's biggest gold producer, accounting for 15% of global output.And in 2017, its production tumbled 9% - a record drop.This is not a typical occurrence.In fact, it's only the second time since 1980 (37 years) that China's gold output has fallen. But since 2016, authorities in Beijing have increased their scrutiny of gold mining. That's led to broad closure of smaller mines in the c...Read More

Mar 20, 2018 Guest(s): Kevin O'Leary The latest trends in the market have been down, signaling a new phase in which investors are more tepid, says Kevin O'Leary, Chairman of O'Shares ETFs, and star of the hit TV show "Shark Tanks." "You can start to see the old days are back, everything old is new again, volatility's back, and investors have a chance to decide everyday whether to get in or out...Read More

The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even Continue...Read More

"Every day in communities across the United States, children and adolescents spend the majority of their waking hours in schools that have increasingly come to resemble places of detention more than places of learning. From metal detectors to drug tests, from increased policing to all-seeing electronic surveillance, the public schools of the twenty-first century reflect a society that has become...Read More

(Dash Force News) Google has announced that it will be cracking down on cryptocurrency-related advertising, furthering the "crypto blackout" online.According to new policies relating to financial services to be rolled out in June, among newly banned content will be anything related to cryptocurrency:"Cryptocurrencies and related content (including but not limited to initial coin offerings, cry...Read More

If you were Claire, you'd go back for him too!TV Guide's official YouTube channel brings you behind-the-scenes access to your favorite shows and interviews with your favorite celebs! For more news, videos and photos click HERE: http://bit.ly/1qAossxClick HERE to SUBSCRIBE to the TV Guide channel: http://bit.ly/11yINCmTV Guide on Facebook: http://on.fb.me/1HqOzabTV Guide on Twitter: http://bit.ly/1...Read More