China's ferrous futures trended downward during morning trading on Tuesday November 27 with most contracts peaking the night earlier.Futures closing prices - morning session Shanghai Futures Exchange January rebar: 3,576 yuan ($515) per tonne, down 53 yuan per tonneJanuary hot-rolled coil: 3,406 yuan per tonne, down 44 yuan per tonneDalian Commodity Exchange January iron ore: 466 yuan per tonne, d...Read More
Markets everywhere are gagging on something: they’re sagging, crashing, imploding, blowing up, dropping and generally exhibiting signs of distress.Does the market need a Heimlich Maneuver? Is there some way to expel whatever’s choking the market?So what’s choking the market? There are a number of possibilities. Somewhere near the top of most observers’ lists are:Rising inte...Read More
"The most important trade of the past decade is now reversing," shrieks Charlie McElligott, head of Nomura's cross-asset strategy.As we revealed earlier this week, the "FAANG" stocks - Facebook, Amazon, Apple, Netflix, Alphabet (Google's parent company) - have hemorrhaged a combined $952 billion since their recent peaks.$952 billion of artificial wealth, that is, swept away to the Land of Wind and...Read More
The latest metal markets news and price moves to start the North American day on Tuesday November 27.Falling 2.4% over the morning, the three-month zinc price found a low of $2,422 per tonne over the morning, its lowest point since September 19. While zinc volumes traded so far this morning hit 5,361 lots as of 10:16am London time. Tightness in the metal's forward curve, prompted by...Read More
Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday November 27*Copper -$198.46 (-1382.98 yuan) Aluminium -$432.12 (-3011.19 yuan) Zinc -$100.65 (-701.35 yuan) Nickel $387.08 (2697.33 yuan) *Fastmarkets MB calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More
Fastmarkets MB has discontinued the Indium Corp ingots min 99.97% $ per kg price. After a month-long consultation period, Fastmarkets MB has decided to cease the publication of the Indium Corp ingots min 99.97% $ per kg fob price owing to an understanding that the existing specifications no longer serve the market. Fastmarkets MB is committed to the indium market and will continue to track its evo...Read More
Paul Morgan, senior geothermal geologist at the Colorado Geological Survey, was interviewed by Fox31 Denver about his involvement in the NASA Mars InSight mission, which landed safely on Mars on Monday, Nov. 26. Morgan is one of the U.S.-based co-investigators on the lander's Heat Flow and Physical Properties Probe (HP3) and worked very closely on the probe's design with engineers at NASA's Jet...Read More
Ian Lange, assistant professor of economics and business at Colorado School of Mines, was recently recognized by the Denver Busines Journal for his contributions to the local energy industry. The annual Who's Who in Energy list features the region's top 100 executives from multiple sectors invovled in the energy industry, including oil and gas, accounting, finance, law and education. Lange, who j...Read More
Additional drilling at Tinka Resources' (TSXV: TK) 100%-owned Ayawilca project in the zinc-lead-silver belt of central Peru, 200 km northeast of Lima, has significantly grown the project's resource estimate from an assessment in 2015.The carbonate replacement deposit at Ayawilca contains two different types of mineralization, tin-copper mineralization (the tin zone), and zinc-indium-silver-lead m...Read More
On Nov. 8, McEwen Mining (TSX: MUX; NYSE: MUX) entered into an equity distribution agreement with UBS Securities, BMO Capital Markets, Cantor Fitzgerald & Co., H.C. Wainwright & Co., Roth Capital Partners and Alliance Global Partners to offer up to US$90 million of its common stock in the United States. Under the terms of the "at-the-market offering" filed with the United Securities Exchange Commi...Read More
"Which 25 jurisdictions received an A-rating or better for their #investmentsecurity? Find out in the #WorldRiskReport: https://t.co/iXlsSr9ABt #mining #miningrisk #mininginvestment"Read full newsRead More
"After a few months on sale, De Beers' lab-grown diamonds could have set in motion massive changes in the resale market , says @paulzimnisky ($) https://t.co/KwJuvHT8No $AAL #diamonds"Read full newsRead More
"@Guv999 They've invested and partnered with lithium producer Orocobre years ago to secure parts of the value chain. They're also working a lot on alternative engines incl. fuel cells. Guess they are not fully convinced yet on EV."Read full newsRead More
"Goldman predicts commodities will soar in 2019 https://t.co/s0Hb8BxPUQ"Read full newsRead More
Funding shortfalls see large U.S. public pension funds turning to opportunistic investments, which often involve overhauling something that retirement systems hope to sell at a profit, sometimes taking on debt to finance construction.Read full newsRead More
"#Dedollarization in one chart? China completely stopped importing crude oil from the US! @LukeGromen @JamesGRickards @NedNL @ttmygh @wmiddelkoop"Read full newsRead More
Deutsche Telekom on Monday said it will launch a network of electric vehicle cha...Read full newsRead More
"$MOS - The Mosaic Company (MOS) CEO James O'Rourke Presents at Citi's 2018 Basic Materials Brokers Conference - Slide Show https://t.co/MoTb1MkjHc"Read full newsRead More
"$MOS - The Mosaic Company (MOS) CEO James O'Rourke Presents at Citi's 2018 Basic Materials Brokers Conference (Transcript) https://t.co/tU1e5vygTQ"Read full newsRead More
"Khiron (@KhironLife) (#TSXV: $KHRN // #OTCQB: $KHRNF) Enters Peruvian Cannabis Market With Approval For Commercialization Of Kuida (R) #CBD [https://t.co/Vx2bHdARRp]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabis #cannabisdaily"Read full newsRead More