There's a sudden Wall Street mania for so-called fake meat burgers. Kellogg already owns the largest fake meat operation in the country in MorningStar Farms. Where's its IPO?Read full newsRead More
There's a sudden Wall Street mania for so-called fake meat burgers. Kellogg already owns the largest fake meat operation in the country in MorningStar Farms. Where's its IPO?Read full newsRead More
"Tr'ondek Hwech'in and Yukon Government Support Received for the Re-start of Golden Predator's Brewery Creek Gold Mine, Yukon https://t.co/JdEr9LHG5F"Read full newsRead More
Gold's incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, interest in and demand for precious metals normally wane. So this entire sector tends to suffer a seasonal lull, along with the general markets. This June's bull-market breakou...Read More
"And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude."- Thomas JeffersonA happy Fourth of July to each and every one of you...I trust that if you are reading this, it is to simply take a short break from a day of grilling, swilling, and chilling.But between the fireworks and ba...Read More
Gold's incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, interest in and demand for precious metals normally wane. So this entire sector tends to suffer a seasonal lull, along with the general markets. This June's bull-market breakou...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower Monday, pulled down by bad news on Boeing (BA - Get Report) and Apple (AAPL - Get Report) and a strong U.S. jobs report that trimmed hopes for near-term interest rate cuts from the Federal Reserve. Apple fell after analysts at Rosenblatt Securities downgraded the stock over concern...Read More
The London Metal Exchange nickel three-month price was the biggest beneficiary in an otherwise subdued 5pm ring close on Monday July 8, trading up 2% to close at $12,720 per tonne. Buying on the base metals complex was largely quiet after the dollar index rose by 0.13 to 97.38 during the day. Nickel's upward price action may have come on the strength of news of an earthquake on the Indonesian isla...Read More
More copper units are entering China via the form of concentrates and scrap to match the country's ambitious smelting expansion plans, raising the possibility - albeit distant - that the world's biggest copper importer will eventually stop buying refined copper from overseas.Chinese imports of copper cathodes dropped around a tenth to 1.2 million tonnes over the first five months in 2019 from a ye...Read More
Base metals traded on the London Metal Exchange broadly increased due to a weaker US dollar index, which was down 0.08 to 97.17 during the morning session on Monday July 8.And inventory outflow was recorded for all metals bar tin as of 9am on the same day, with demand for metals across the complex being mostly supporting prices. The zinc price was the exception, with the three-month pric...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Gold was a little below US$1,400 an ounce on the spot market at the time of writing, about $1,398/oz, having risen above $1,430/oz last week.Market futures for key global indices were pointing lower and the S&P/ASX200 was down 1% in afternoon trade.However junior Lindian Resources (ASX: LIN) leapt more than 54% after announcing a significant discovery at the Gaoual bauxite project in Guinea.It...Read More
The incidents have the union calling for a suspension of production for at least 24 hours.The 27-year-old miner who died at Baralaba worked for NRW Holdings subsidiary Golding and was an experienced operator. He had worked at Baralaba since December and spent seven years working for Golding at another site. All operations at the mine have been ceased.Golding CEO Geoff Caton said the comp...Read More
Here are five Fastmarkets MB stories you might have missed on Monday July 8 that are worth another look.Major miner Antofagasta has broken away from decades-long tradition to sign copper concentrates supply contracts for the first half of 2020 with China's two biggest copper smelters in June, Fastmarkets understands. A higher tender price for silico-manganese in China for July impro...Read More
A higher tender price for silico-manganese in China for July improved sentiment and increased prices for low-grade manganese ore in the week ended on Friday July 5. Low-grade ore price increases in ChinaHigh-grade ore in China falls amid low liquidityEuropean alloys softenUS market rolls over for public holiday Low-grade seaborne manganese ore prices rose for the second consecutive week after Chi...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 312,70253,75671,633160,282447,104544,617572,493 Change from Prior Reporting Period 14,594-7,79811,7925426,72626,44030,720 Traders 21670735460298178 Small Speculators LongShortOpen Interest 61,33233,456605,949 1,904-2,37628,344 non reportable positionsChan...Read More
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." William Feather, American publisher and author, 1889-1981 "Some calamities the 1929 stock market crash, Pearl Harbor, 9/11 have come like summer lightning, as bolts from the blue. The looming crisis of America's Ponzi entitlement structure is different. Driven by t...Read More
A sharp drop in July ferro-chrome tender prices from China's leading mills triggered a further slide in spot ore and alloy prices last week. Spot ferro-chrome price dropped by 4.6% in ChinaUG2 chrome ore slid againAlloy prices under pressure in Japan and South KoreaEuropean alloy prices weaken again Chrome ore and ferro-chrome prices dropped in China in the week ended Friday July 5 after mills an...Read More
* GRAPHIC-2019 asset returns:* Zinc hovering near 6-month low * Copper stocks in LME-approved warehouses fall (Releads, updates with dollar, closing prices)By Pratima DesaiLONDON, July 8 (Reuters) - Copper prices slipped on Mondayas sentiment was dominated by the protracted U.S.-China tradedispute and subsequent damage to global growth and demand, and astronger dollar.Benchmark copper on the Londo...Read More
The latest selenium transactions, bids, offers and assessments in Europe reported to Fastmarkets.Unless otherwise stated, all prices are per lb and on an in-warehouse Rotterdam basis. Delivered prices are netted back.To view the latest price assessment for selenium, 99.5% Se min, in-whs Rotterdam, click here.To see all Fastmarkets' pricing methodology and specification documents, go to www.fastmar...Read More