China Hongqiao Group has started to cut its aluminium production as part of local government winter curtailment orders, according to a document released by the Binzhou government earlier this week. The winter cuts document published on the City of Binzhou official website lists five closures of Hongqiao's smelters, which have aluminium capacity of nearly 6.46 million tonnes per year. Based on the...Read More
The company was understood to be seeking additional funds from its lending syndicate, led by the Commonwealth Bank of Australia just weeks after an emergency A$100 million capital raising ...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), announces it has filed its Q3 2018 financials, and will be hosting a conference call to discuss these results on Thursday, November 29th at 9:00 AM EST (6:00 AM PST). Conference call details are set out below.Highlights:Q3 2018 revenue of $3.15-million compared with $4.9-million in Q3 2017Adjusted...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce that the Company will be collaborating with a local non-profit charity organization, Mamas for Mamas this holiday season. For every winter coat sold from November 27, 2018 - December 11, 2018, Peekaboo Beans will be donating a coat to the charity, providing relief to local m...Read More
Vanadium trade log including business, bids and offers reported to Fastmarkets.To view the latest price quotations, follow the links below:Europe- Ferro-vanadium delivered duty-paid in Europe- Vanadium pentoxide in-warehouse RotterdamChina- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Friday November 23Ferro-vanadium - Prices indicated a...Read More
NUM members are striking in protest at the retrenchment of 1,082...Read More
Sabina Gold & Silver Corp (TSX: SBB), recently reported results from the 2018 summer exploration program from the Boulder property at its 100% owned Back River gold project ("Back River" or the "Project") in Nunavut Canada.The Boulder property, one of five properties within in the 80 kilometer iron formation gold trend at the Back River Project, is located approximately 15 km northwest of the...Read More
CloseGain/LossGold $1220.20+$5.20Silver$14.31+$0.17XAU65.52+3.10%HUI147.88+2.90%GDM537.36+2.07%JSE Gold1107.10+1.32USD96.83-0.53Euro113.71+0.76Yen88.13+0.11Oil$50.29-$1.2710-Year3.061%+0.008T-Bond139.625-0.28125Dow25366.43+2.50%Nasdaq7291.59+2.95%S&P2743.78+2.30% The Metals: Gold dropped back to $1211.20 by a little after 9AM EST before it jumped up to $1226.30 in early afternoon trade and...Read More
... GE and GM are both telling us the US economy is in huge troubleby Michael Snyder of The Economic Collapse BlogAmerica's twin economic "generals" are both in very deep trouble.General Electric was founded in 1892, and it was once one of the most powerful corporations on the entire planet. But now it is drowning in so much debt that it may be forced into bankruptcy.General Motors was founded i...Read More
Any news of a deal between the USA and China on the trade war front will result in copper, zinc, lead, nickel and aluminum to rise five percent anytime. The Trump-Xi meeting is on Saturday. Before Saturday, all the speculation will move silver and industrial metals. How to trade in invest in 2019The year 2018 is not yet over. Each day till 31st December, a new economic data release or news/spe...Read More
(Updates with closing prices)By Peter HobsonLONDON, Nov 28 (Reuters) - Zinc prices rose on Wednesday asfalling stockpiles and rising premiums for nearby metalhighlighted a short-term supply squeeze, halting a slide to10-week lows.The metal, used to galvanise steel, had tumbled more than 7percent from last Thursday's close as traders anticipated anincrease in supply and weakening demand from steelm...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Tanzania's Acacia Mining (LON: ACA) has ended an earn-in agreement with Canada's Sarama Resources (CVE: SWA) over the South Hound?(C) gold project in Burkina Faso to focus on core projects.Acacia and Sarama had originally agreed to a deal which could have seen the Tanzanian miner earn up to a 70% stake in South Hound?(C) after funding $14 million in exploration costs over a four-year period.Acaci...Read More
The Turkish steel producers have continued to hold back from the deep-sea scrap markets and were not expected to resume purchasing activity any time soon, sources said on Wednesday November 28.The mills in the country booked three deep-sea cargoes at the end of last week, following a downturn in prices. But this activity did not last long because of concerns about price falls in the Asian steel ma...Read More
Logging diamond drill core at the Hank Project in B.C.'s Golden Triangle region. Source: Golden Ridge Resources Ltd.Golden Ridge Resources Ltd. [GLDN-TSXV] shares were active again Wednesday November 28 after the company reported additional assay results from drilling on the Williams Zone at its Hank Project in British Columbia's Golden Triangle District.The stock was down 31.03% or $0.045 to 10 c...Read More
The Wednesday Market Minute Global stocks rally, lifting Wall Street futures, following reports of a potential breakthrough in trade talks between Washington and Beijing.The U.S. dollar hits an 18-month high as investors extend bets on faster rate hikes, even as President Trump continues is public criticism of Fed Chair Jerome Powell.Oil prices rise as investors tweak prices into next week's OPE...Read More
Madsen Mine portal and ramp entrance, Red Lake, Ontario. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV] said Wednesday November 28 that it is pleased with the results of a test mining program which has now been completed at its 100%-owned Madsen Gold Project in Red Lake, Ontario.Pure Gold shares advanced on the news, rising 5.45% or $0.03 to 58 cents. The 52-week range is 46 cents a...Read More
The price of copper on the Comex exchange in the United States rebounded in morning trading on Wednesday November 28 ahead of the upcoming meeting in Argentina of leaders from the G20 group of nations.The copper price for March settlement on the Comex division of the New York Mercantile Exchange rose by 4.15 cents per lb to $2.7675 per lb on Wednesday.Despite recent remarks from US President Donal...Read More
Despite a firmer dollar, the three-month base metals prices on the London Metal Exchange are up across the board by an average of 0.8% this morning, Wednesday November 28. Nickel and tin are the outperformers with gains of 1.4% and 1.1% respectively.Copper prices are up by 0.8% at 4$6,160 per tonne. Volume has been average, with 5,147 lots traded as at 6.48am London time. The precious metals are a...Read More
I hate it when oil prices crash.It's happened twice in the last decade.The last two major crashes began in the summer of 2008, when WTI prices soared to $146 per barrel, and then again in the summer of 2014, when prices climbed back over $100 per barrel.So when the market watched crude oil prices experience one of their biggest drops in over three years, the panic set in and the bears took control...Read More