NASA's landing of the Perseverance rover right on target in the Jezero impact crater last month is both a remarkable achievement and a welcome diversion from the Covid-19 pandemic. The landing site is also of great interest to exploration geologists, of whom I am one of many. It is often said that when examining a particular geological feature, especially one from early in Earth's history, each of...Read More
The volume of Southeast Asian steel billet available to importers across Asia is on the rise following new capacity upgrades at key suppliers in Indonesia and Vietnam, sources told Fastmarkets.From the start of February until March 15, Fastmarkets heard of 23 sales of billet produced by blast furnace (BF) mills sold to buyers in China and Southeast Asia combined.Some 16 of these were heard to have...Read More
Surprising lack of info around where raw material will come fromRead full newsRead More
Hint of Irish luck?Read full newsRead More
February 18, 2021- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) provides its annual operational outlook for the New AftonRead full newsRead More
Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by September 15.Read full newsRead More
March 16, 2021Peter Hawley, President and CEO of Fabled Silver Gold Corp. updates investors on the Santa Maria project. Touching base both on operations as w...Read full newsRead More
Transaction Anticipated to Close by End of March ~ VanGold MiningRead full newsRead More
The month of March was terrible last year. Stocks fell more than 30% within weeks amid recession fears. However, March 2021 is turning out to be way better. TSX stocks at large are up almost 5% so far this month. Interestingly, some high-growth names have notably fallen recently, which brings an excellent opportunity for long-term investors. If you were waiting for a market correction and have som...Read More
The TSX Index is abundant with cheap Canadian stocks that are still considerably off their all-time highs. In this piece, we’ll have a look at two of my favourites to buy on the latest bout of weakness.Top Canadian stocks worth buying on the dipWhile their share prices may have more downside, I still think they’re falling knives that are worth reaching out for ahead of what could be an...Read More
Here are five Fastmarkets stories you might have missed on Thursday March 18 that are worth another look.Brazilian apparent steel consumption increased 24.5% year on year in February, while crude steel output grew 3.8% in the same comparison, according to figures from national steel association, A??o Brasil. ...Read More
Zinc's futures price showed the biggest fall among the base-metals complex at the close of trading on the London Metal Exchange on Thursday March 18, with consolidation in the complex continuing, while tin's price edged close to the $26,000 per tonne mark.Zinc was trading at $2,792 per tonne at the 5pm close on Thursday after being above the $2,800 per tonne mark for the past week. Its closing pri...Read More
London Metal Exchange nickel was the only metal to make small gains on Thursday March 18 morning, with the rest of the complex trading sideways following the US Federal Reserve's reiterated stance on interest rates on Wednesday evening."Fed Chair Jerome Powell said there's no need to react to climbing Treasury yields [with the 10-year notes yield hitting 1.73 on Thursday morning because] officials...Read More
Here are five Fastmarkets stories you might have missed on Thursday March 18 that are worth another look.Brazilian apparent steel consumption increased 24.5% year on year in February, while crude steel output grew 3.8% in the same comparison, according to figures from national steel association, A??o Brasil. ...Read More
European ferro-titanium producers have started negotiations for deliveries of the alloy to consumers in the steel sector between April and June, and while no prices have yet been discussed, an acute shortage of titanium scrap will be a key issue for suppliers, producers told Fastmarkets this week.Ferro-titanium producers have been holding back from securing new deals for their intake of scrap and...Read More
South African manganese miner UMK will stop road transportation of manganese ore due to significant pressure from rising logistical costs, a company spokesperson told Fastmarkets on Thursday March 18.While the miner will honor existing contractual obligations, it will not pursue further road transportation options due to rising freight costs making certain export channels economically unfeasi...Read More
It yesterday closed an underwritten placement which raised C$35.1 million through the issue of shares priced at $1.95.It also said Zhaojin International had elected to maintain its 9.9% stake in the company and would purchase shares at $1.95, to provide further proceeds of $4.1 million."We also continue to re-fresh the debt process with various parties with a view to securing total project financi...Read More
Key data from Fastmarkets' pricing session in London on Wednesday March 17.Key drivers The European market climbed to its highest since March last year on increased spot market interest, with tighter concentrates supply from China supporting prices. The spot market was active in the first half of the week, with more than 40 tonnes...Read More
Nornickel, the world's largest palladium producer and a major platinum producer, said this week PGM production could be almost 20% below guidance in 2021 as it expects to take three to four months to address the inflow of water at Oktyabrsky and Taimyrsky and ramp back up to full capacity.South Africa-based PGM producers including Impala Platinum have already reported record results in recent week...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a smart tech platform that automates the distribution of consumer-facing product information to retailers, announces today a bulk purchase of 500 Mesh Connectors?,,? from a Product Content Management (PCM) partner.The partner, a modern content management platform solution, engaged Venzee to fully automate the sy...Read More