Zinc price consolidates around $2,900 per...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
The London Metal Exchange three-month base metals prices are generally subdued this morning, averaging up 0.2% while trading volume is considerably lower at 5,790 lots as of 06:23am London time on Tuesday April 9. While the United States and China trade negotiations are grinding closer to a positive conclusion, the Trump administration is considering imposing additional tariffs of $11 billion...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade. Apple (AAPL $200.10) is expected to open higher after Wedbush raised its target price to $225 from $215.Walt Disney (DIS $114.96) added $0.91 to $115.87 after Cowen upgraded the stock to Outperform from Market Perform. Perkin Elmer gained $2.29 to $102.00 after Goldman Sachs upgraded the...Read More
The three-month copper price on the London Metal Exchange continued its uptrend during morning trading on Tuesday April 9, trading firmly above $6,500 per tonne amid easing trade tensions and a marked slowdown in the dollar index surge. Volumes traded in the red metal top the complex so far this morning, with 5,440 lots changing hands as of 9:20am London time. Zinc's trading volume was just behind...Read More
The London Metal Exchange three-month base metals prices are generally subdued this morning, averaging up 0.2% while trading volume is considerably lower at 5,790 lots as of 06:23am London time on Tuesday April 9. While the United States and China trade negotiations are grinding closer to a positive conclusion, the Trump administration is considering imposing additional tariffs of $11 billion wort...Read More
Base metals prices on the Shanghai Futures Exchange were broadly lower during morning trading on Tuesday April 9, with investors taking a risk-averse stance amid the uncertainties over trade negotiations between the United States and China. "Uncertainty remains over Brexit and US-China trade negotiations, weighing on US investment and global trade......It will be important to watch how investment...Read More
Key talking points across the battery raw materials markets ahead of Fastmarkets' second annual Battery Materials Conference, taking place this week in Shanghai, China. Will China's cobalt metal imports pick up significantly in 2019? When global cobalt metal prices bottomed out in late March and made a quick turnaround at the beginning of April, some Chinese traders and consumers resumed their app...Read More
Are you among the almost 80% of parents who provide some financial support to adult children? The amount is a mind-blowing $500 BILLION a year, which is twice what parents put away for retirement. In other words, you may be placing your kids' interest ahead of your own. And that makes it one the biggest threats to your retirement. Plus it could rob them of the experience of learning what it means...Read More
Investors have been speculating for years about the demise of the "petrodollar" deal struck by Henry Kissinger and Treasury Secretary William Simon in 1974.It was first set up between the U.S. and Saudi princes to prop up the U.S. dollar. At the time, confidence in the dollar was on shaky ground because President Nixon had ended gold convertibility of dollars in 1971.In 1974, the price of oil was...Read More
UG2 chrome ore prices broke a seven-week upward trend on Friday April 5 due to weaker demand after consumers cited sufficient stock, while alloy prices in the United States weakened and were subdued in Europe. UG2 prices slip $1 per tonne, Turkish pump stabilizesAlloy prices steady in Japan, South KoreaAlloy prices hold on Chinese public holidayAlloy prices drop in Europe UG2 chrome ore prices we...Read More
This morning the rah-rah men put out their tongues at the bears, placed their thumbs in their ears… and wiggled their fingers in mockery...For the March jobs report came issuing from the Department of Labor.And it trounced estimates.The economy added 196,000 nonfarm jobs last month - economists expected a figure in the range of 175,000.The March unemployment rate held steady at a lovely 3.8%...Read More
De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The change is expected to create a more sustainable business and to streamline operations in both countries.De Beers announced the change as its mining footprint in both countries is shrinking due to the closure of the Snap Lake mine in Canada's Northwest Territory and...Read More
The Petroleum Engineering Department at Colorado School of Mines won three of the nine technical awards given out this year by the Rocky Mountain Region of the Society of Petroleum Engineers (SPE).Linda Battalora, teaching professor of petroleum engineering, is the winner of the 2019 Regional Sustainability and Stewardship in the Oil and Gas Industry Award.Will Fleckenstein, adjunct professor of...Read More
In 2012, A10, a leading Brazilian M&A and private equity firm, used its personal capital and partners' funds to back Sigma Lithium Resources (TSXV: SGMA; US-OTC: SGMLF) and its hard-rock lithium project.A10 took the company public and raised its stake from 72% before the IPO to 75%, the regulatory cap under Brazilian law."We actually bought more stock since we took it public and we haven't sold a...Read More
The spot gold price fell 0.04% to US$1,291.40 per ounce. The Philadelphia Gold & Silver Index rose 0.62% to 76.84 and the Dow Jones Industrial Average rose 1.9% to 26,424.99. The S&P 500 Index rose 2.6% to 2,892.74.Shares of Lithium Americas rose 27% to US$4.80, after the company announced that Ganfeng Lithium would invest US$160 million in its Cauchari-Olaroz lithium project by buying new shares...Read More
Recent drilling by Frontier Lithium (TSXV: FL; US-OTC: HLKMF) at its Spark pegmatite lithium zone, part of its 69-sq.-km PAK lithium project in northwestern Ontario, has confirmed the zone continues at depth.The company drilled 1,340 metres across five holes at the Spark pegmatite in February. All five holes intersected significant spodumene pegmatite.The company has received assays for one of the...Read More
With its second binding offtake agreement in two weeks, Walkabout Resources (ASX: WKT) has secured the sale of 75% of its large flake graphite concentrate for the first three years of production at its Lindi jumbo graphite project in southeastern Tanzania.Under an agreement announced today, Walkabout will sell 10,000 tonnes of large and jumbo flake graphite concentrate to Qingdao Rising Dawn Graph...Read More
The recent jump in platinum-group metals prices is boosting miners' profits, but that doesn't mean they are likely to increase supply anytime soon, according to the world's No. 1 producer.Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa. The so-called rand basket price for the industry has increased by 20 to 25 p...Read More