Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...Read More
The global aerospace industry was predicted to begin to recover in 2022 after air travel volumes slumped this year because of the outbreak of Covid-19, panelists said during Fastmarkets' International Ferro-Alloys Conference.A combination of government stimulus, a return of domestic air travel, a backlog of aircraft orders and the potential discovery of a widely accessible vaccine could all help b...Read More
The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More
The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt...Read More
The cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt hydroxide...Read More
A summary of the financial performance by Tubacex, the Spanish manufacturer of seamless stainless steel tube, in the third quarter of 2020.In brief The market environment in July-September was still characterized by huge uncertainty due to the Covid-19 pandemic. The global recession continued to affect major investment-related decision-making in the energy sector, which led to an overall demand dr...Read More
A summary of Swiss stainless steelmaker Swiss Steel Group's (formerly Schmolz + Bickenbach) financial results for the third quarter of 2020, July to September.In brief Year-on-year results were down for the third consecutive quarter, but sales volumes for the second half of the latest quarter were on a par with the equivalent period in 2019 First signs of improvement seen in the automotive...Read More
The Northern Miner's Global Mining Symposium this week featured an interview with Canadian mining entrepreneur Rob McEwen, chief owner and chairman of McEwen Mining (TSX: MUX; NYSE: MUX).The legendary investor, perhaps best known for transforming Goldcorp into a global powerhouse and revitalizing the Red Lake gold mine in Ontario, shared his philosophy on everything from how to pick the right comp...Read More
In an interview at this week's Global Mining Symposium, David Elliott, a founding partner at Haywood Securities and new inductee into the Canadian Mining Hall of Fame, spoke candidly about his career and how he and his partners built Haywood from a small firm of fifteen employees into a leading merchant bank with 313 employees and about $10 billion of assets under management.Haywood Securities wou...Read More
Despite a quicker-than-expected recovery across certain regions following the economic fallout of the Covid-19 pandemic and expectations of a stronger recovery overall in 2021, a return to pre-coronavirus levels next year is unlikely, delegates attending Fastmarkets' International Ferro-alloys Conference heard."In the space of steel and ferro-alloys, if we are able to manage the Covid-19 pandemic...Read More
O3 Mining (TSXV: OIII) is adding drill rigs across its Alpha and Malartic properties in Val d'Or, Que., and the explorer now has a total of six rigs turning at the two projects.Two drills are operating at the Malartic property, scheduled to drill 45,000 metres, and four are at Alpha, where they will aim to complete 100,000 metres.O3 president and chief executive Jose Vizquerra said the exploration...Read More
West Africa-focused gold miner Roxgold (TSX: ROXG; US-OTC: ROGFF) has added near-surface, open-pittable reserves and resources to its mineral inventory at its underground Yaramoko mine complex in Burkina Faso. The company released a resource and reserve update, which shows net ounce growth at the site, after mining depletion.With the latest additions, Roxgold has 820,000 tonnes of probable reserve...Read More
The chrome ore and alloy markets in China fell in the week to Tuesday November 10 in response to lower November ferro-chrome tender prices from major Chinese stainless steelmakers, sources told Fastmarkets.Fastmarkets' chrome ore South Africa UG2 concentrates index, basis 42%, cif China edged down by $3 per tonne or 2.2% to $136 per tonne on Tuesday, from $139 per tonne the previous week.Ferro-chr...Read More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
SOUTH COTABATO, Philippines - A court in the Philippines has dealt another setback to the company looking to mine Southeast Asia's largest untapped deposits of copper and gold, ruling to uphold a ban on the type of destructive mining being proposed. In its Oct. 12 ruling, the court in South Cotabato province dismissed a petition [...]Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Investors have turned to gold during the COVID-19 pandemic on inflation and recession fears. Shareholders see gold as a good way to protect their savings in this time of uncertainty. Notably, Warren Buffett made a large investment in a gold stock this year.If you are thinking about buying gold stocks on the Toronto Stock Exchange, there are some good options. Here are three mining stocks that you...Read More
All that glitters is not gold. Diamonds are a multi-billion-dollar industry globally, like the yellow metal. However, it never really took off here in natural resource-rich Canada. It is still the third-largest diamond-producing country after Russia and Botswana.Lucara Diamonds makes yet another exciting recoverySmall Canadian miner Lucara Diamond (TSX:LUC) recently recovered a 998-carat white dia...Read More
Whenever Warren Buffett acts on a stock, many of his followers are likely to drive the name up. Blindly following the Oracle of Omaha into or out of stocks is typically a bad idea, though. Not only does Buffett likely have a far better cost basis that you’ll be able to land, but you’ll also be on the receiving end of a sell-off if Warren Buffett were to exit his stake after you’v...Read More