Trader Afrimet Resources (AMR) will invest up to C$650,000 ($497,000) in Canadian exploration company Tantalex Resources Corp in a private placement that gives AMR shares and rights to buy additional shares in Tantalex.As part of the transaction, Hadley Natus, AMR's founder, becomes director and chairman of the board of Tantalex - one of many management changes announced by Toronto-based Tantalex...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 24, 2020 Another awesome day is underway on the gold market gridlines... for eager accumulators of the world’s greatest asset! Please click here now. Double-click to enlarge this fabulous weekly gold chart. The $1788 support zone is my focus for fresh buying. Serious gold market...Read More
An overview of the chrome ore and alloy markets and their latest price moves.China Prices for UG2 chrome ore fell more slowly, amid limited trading activity. The spot ferro-chrome price remained steady with sentiment buoyed by power restrictions in Inner Mongolia, the major production region for high-carbon ferro-chrome. Falling stainless steel prices also weighed...Read More
Chaketma was effectively stolen by Tunisian Mining Services (TMS), Celamin's Tunisian joint venture partner, in 2015.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 20.AsiaSeaborne prices for high and low-grade manganese ore fell following lower offers amid high inventories and weakening market sentiment.Falling portside ore prices put additional downward pressure on both grades of material.Portside manganese ore prices of both grades ticked down amid...Read More
Vancouver, BC November 24, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") announces that the Board of Directors is considering maximizing the value of its gold portfolio by splitting KORE's US development assets and Canadian exploration assets into separate publicly listed companies by way of a "spin-out" ("Transaction") to KORE shareholders. The Board has authoriz...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW ) (the "Company" or "Siyata") is pleased to announce it has entered into a distribution agreement with pei tel Communications GmbH, a distributor based in Germany, for its Siyata UV350. pei tel's distribution countries include Germany, Austria, Switzerland, Belgium, Netherlands, and Luxembourg.pei tel, a company of the Peiker family, spe...Read More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company"), announces that by mutual agreement its Licensing Agreement of November 10, 2017 with Lighthouse Strategies, LLC. ("Lighthouse") has been amended in order to facilitate Ovation's prospective expansion plans into additional states beyond Nevada in the US (the "Amendment"). Due to the continuing refinement of Ovation's b...Read More
Fastmarkets has corrected its weekly manganese ore 37% Mn cif Tiajin and fob Port Elizabeth indices, which were published incorrectly on Friday November 20 due to a reporter error.Fastmarkets' weekly index for manganese ore 37% Mn fob Port Elizabeth, $/dmtu (MB-MNO-0003) should have been $3.72 per dry metric tonne unit (dmtu), instead of $3.70 per dmtu as it was previously published.Fastmarkets' w...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
Trader Afrimet Resources (AMR) will invest up to C$650,000 ($497,000) in Canadian exploration company Tantalex Resources Corp in a private placement that gives AMR shares and rights to buy additional shares in Tantalex.As part of the transaction, Hadley Natus, AMR's founder, becomes director and chairman of the board of Tantalex - one of many management changes announced by Toronto-based Tantalex...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
The Turkish deep-sea scrap import market went quiet on the second working day of the week, with mills instead focusing on finished long steel and billet sales, sources told Fastmarkets on Tuesday November 24.After a steel mill in the Marmara region booked a European cargo at an average price of $332.50 per tonne cfr for a mixture of HMS 1&2 (75:25), shredded and bonus on Monday, mills we...Read More
Bans on the export of ferrous scrap by various key suppliers of material to India and Pakistan have restricted import flows at the same time that demand has been returning to these markets, pushing prices higher, Fastmarkets has learnt.Demand for imports of steel scrap fell sharply when India went into its strict lockdown during March in response to the Covid-19 pandemic. Trading effectively...Read More
The base metals on the London Metal Exchange were firmer across the board this morning, Tuesday November 24, although those on the Shanghai Futures Exchange were mixed following the weakness seen on the LME on Monday. US president-elect Joe Biden plans to nominate former Federal Reserve chair Janet Yellen to become Treasury Secretary......the market seems to see Yellen as a safe pair of handsCoppe...Read More
Nov 20, 2020 Guest(s): JR Rahn Founder, Co-CEO, MindMed Earlier this month, Oregon became the first state to legalize the use of psilocybin for medicinal purposes through Measure 109, and decriminalized the use of all drugs with Measure 110. Since the Measures passed in November, MindMed shares (MMED.NE) has soared 70%, last trading at $1.55. The legalization of psilocybin reflects the rising po...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
Neometals Ltd (ASX: NMT) innovatively develops opportunities in minerals and advanced materials essential for a sustainable future. With a focus on the energy storage megatrend, the strategy revolves around de-risking and developing long life projects, with strong partners and integrating down the value chain to increase margins and return value to shareholders. We learned from Mike Tamlin, COO of...Read More
Solar is taking off. I don't know what it's like where you live, but here in the outer suburbs of Maryland, solar panels are going up like aluminum siding in the 1950s. Not only is it trendy, but it's also ugly and seems to make fiscal sense.What you may not know is that black mirrors on McMansions are only half the story. Solar demand from corporations is up huge.AT&T is buying up 500 megawatts (...Read More
Hot-rolled coil prices in the United States have risen to their highest in almost exactly two years after more buyers perceived that a true steel shortage is intensifying for the end of 2020 and the beginning of the first quarter of 2021. Fastmarkets' daily hot-rolled coil index, fob mill US was calculated at $39.08 per hundredweight ($781.60 per short ton) on Tuesday November 24, up 0.7% fro...Read More