Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average retreated after Beijing suggested it might ban exports of so-called rare earth elements. Shares of Abercrombie & Fitch (ANF - Get Report) fell sharply after the apparel retailer reported soft first-quarter same-store sales. Dick's Sporting Goods (DKS - Get Report) fell even though the comp...Read More
The three-month tin price on the London Metal Exchange decreased by more than 2% at the close of trading on Wednesday May 29, with volumes traded reaching their highest level since 2017 while spread tightness in the metal's forward curve began to ease.Some 850 lots of tin were exchanged by the close on Wednesday afternoon, with tin's three-month price dipping 2.6% from an intraday high of $19,215...Read More
The Chinese government has started inspections ahead of issuing ferrous and non-ferrous metal scrap import licenses for the second half of 2019 to avoid a potential month-long disruption of all scrap imports, the country's Ministry of Ecology and Environment (MEE) said on Wednesday May 29. The environmental ministry aims to issue the first batch of licenses in late June - right before the launch o...Read More
Using gold-flecked trees to reveal a shiny secret below ground has been part of mining lore - and actual biogeochemical study - since at least the 1940s. But it's never been a particularly practical way to prospect. Now, the tree-testing method in Australia is holding up against surface and groundwater analysis in at least a few samples and has major exploration firm, Marmota Ltd., picking up whe...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday May 29.Please click...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday May 29 that are worth another look.The South African Transport and Allied Workers' Union was due to start a country-wide port strike at 17.30 local time on Wednesday May 29. Although the union claimed the action will bring South Africa's economy "to a standstill," manganese and chrome market sources said it was too early...Read More
An overview of the noble alloys markets and the reasons for any price moves.Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announces operational and financial results for Q1 2019, the filing of its financial statements and associated management's discussion and analysis on www.sedar.com. The Company will host a conference call on Thursday, May 30, 2019 at 10:00 A.M. Central to discuss its Q1 2019 results (see "Conference Call Infor...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce its targeting strategy for the upcoming Summer 2019 Hurricane Extension drilling program on its 100% owned Larocque East property (the "Property"). The primary objective of the drilling will be to evaluate the potential for expansion of the Hurricane zone east of the current drilling pattern. Targets have b...Read More
The 340-page tome provides detailed analysis on topics from China and de-dollarisation to gold storage, the global monetary order, bonds, digital currencies, hyperinflation, politics and ESGRead More
By: Ira EpsteinGold on the August contract now in focus - higher highs, higher lows. Support around $1270 area, if break $1277.50. If a bear trap occurs, next few days gold would need to break $1306-1309:Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from the Wednesday May 29 pricing session in Europe.Key drivers - The European ferro-titanium price moved down week on week, dropping on profit-taking after six weeks of stability.- Some sources reckon supply worries on production cuts should support prices at the $5-per-kg level in the near term, although others reported prices below that point for third-quarter deliveries. One dealer re...Read More
The Chinese government has started inspections ahead of issuing ferrous and non-ferrous metal scrap import licenses for the second half of 2019 to avoid a potential month-long disruption of all scrap imports, the country's Ministry of Ecology and Environment (MEE) said on Wednesday May 29. The environmental ministry aims to issue the first batch of licenses in late June - right before the launch o...Read More
Key data from the Wednesday May 29 pricing session in Europe.Key drivers - The European ferro-titanium price moved down week on week, dropping on profit-taking after six weeks of stability.- Some sources reckon supply worries on production cuts should support prices at the $5-per-kg level in the near term, although others reported prices below that point for third-quarter deliveries. One dealer re...Read More
Turkish deep-sea scrap import prices made a downward correction on increased supply after the recent buying spree by the country's steel mills, sources said on Wednesday May 29.A steel producer booked a Baltic Sea cargo late on May 28, comprising 25,000 tonnes of HMS 1&2 (80:20) at $306 per tonne and 1,000 tonnes of bonus at $316 per tonne cfr.As a result of this transaction, the daily scrap indic...Read More
Markets remain jittery while US-China trade war rhetoric escalates with the latter raising the possibility of including rare earth minerals in their trade negotiations. Equity markets have sold off and bond yields have fallen as investors move into havens.Trade war rhetoric escalatesEquites sell off on Tuesday, while Treasury yields fall furtherMarket now indicating increased likelihood of two US...Read More
Ontario's government is working for the people of Northern Ontario by supporting the film and television industry, creating jobs for local artists, crews and businesses.Today, Greg Rickford, Minister of Energy, Northern Development and Mines, announced an investment of more than $5 million to support eight film and television productions across the north. The investments include: $2 million to Get...Read More
One of the most forgotten events in history took place nearly 100 years ago on a small piece of land owned by William H. Abrams in Mitchell County, Texas.Few people I know could tell me where Mitchell County is, and fewer still know the extraordinary story that occurred there on July 16, 1920.Up until that point, an oil well had been drilled on the property and even produced a little oil once dril...Read More
Fastmarkets looks at recent developments in the lithium industry and key topics likely up for discussion at the 11th Lithium Supply & Markets conference in Santiago, Chile, on June 10-12.Last year, before the 10th Lithium Supply & Markets conference in Las Vegas, various delegates expressed their concerns about possible global oversupply of lithium compounds and the impact of this on lithium price...Read More