Manganese flake producers in China will broadly suspend their operations and put their facilities under maintenance from late March till the end of April to upgrade emissions controls in their smelters, market sources told Fastmarkets on Thursday March 18.The decision was made during an industrial gathering last weekend to align with China's ambition to conserve energy and reduce pollution, source...Read More
WPIC tips growing demandRead full newsRead More
Copper, palladium up on Nornickel newsRead full newsRead More
These nickel stocks should provide solid returns as more EVs hit the roads. Their batteries require a lot of the metal to perfom well.Read full newsRead More
Tight copper concentrate supply remains a concern for downstream copper players.Read full newsRead More
Energy producer BP Plc on Thursday announced plans to develop the UK's largest blue hydrogen production facility.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
Since pouring first gold in December 2020, commissioning activities at the PureGold Mine have transitioned to full scale ramp-up of the mining and...Read full newsRead More
The updated resource estimate will form the basis of the upcoming bankable feasibility study due out in Q2 2021.Read full newsRead More
Canada's TSX main stock index fell on Wednesday, driven by a decline in bullion prices and mining stocks offset gains in oil prices amid an economic rebound from vaccination rollouts and a U.S. fiscal package. After hitting an all-time high in August 2020, gold stocks and gold prices are now experiencing a correction as the US, UK and other governments announced massive stimulus packages. The cur...Read More
Even though markets have been rallying for the last few months, many top TSX stocks are still far from their all-time highs. This year’s expected superior earnings growth against 2020 should drive those Canadian names to record levels. Here are the top three TSX stocks that could soar higher amid the post-pandemic recovery.Restaurant Brands InternationalRestaurant Brands International (TSX:Q...Read More
We've talked a lot about what I like to call the "Great Extraction." I started talking about it nearly 10 years ago when it became clear that the Fed might never slow the printing presses even if it could.Quick note - I'm pretty sure I stole the term from someone, but I did a cursory Google search to see if I could find an attribution and "great extraction" results seem to focus on pulling teeth a...Read More
Mar 19, 2021 Guest(s): Bill Baruch President, Blue Line Futures More than the threat of inflation, the Federal Reserve is really concerned about unemployment and underemployment, said Bill Baruch, president of Blue Line Futures."[The Fed] doesn't really expect inflation, that doesn't give them reason to move but they do want to see full employment," Baruch said. "The U3 rate is about 6%. It's th...Read More
Aluminium's price on the London Metal Exchange was up 2.2% at the close to $2,265 per tonne on March 19, with the rest of the base metals complex also benefiting from a short-covering bounce on Friday.The light metal came to $2,275 per tonne on Friday at around 4:30pm, its highest level since June 14 2018, when it reached $2,280 per tonne at a time of deep trade tensions between the United States...Read More
A strike by transport workers in Peru has disrupted the movement of metal concentrate between mines and key ports such as Callao, in Lima. The strike by freight carriers began on Monday February 15, affecting commercial trucking for all products and has emerged due to high fuel and toll costs, among other grievances, according to local media outlet El Comercio. Peru was the world's top exporter of...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More
A strike by transport workers in Peru has disrupted the movement of metal concentrate between mines and key ports such as Callao, in Lima. The strike by freight carriers began on Monday February 15, affecting commercial trucking for all products and has emerged due to high fuel and toll costs, among other grievances, according to local media outlet El Comercio. Peru was the world's top exporter of...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday March 19.China Seaborne low- and high-grade manganese ore prices dropped after miners encountered strong resistance among buyers, who launched aggressive counter-bids. Portside low- and high-grade manganese ore markets slipped again, driven by falling silico-manganese futures prices, with many selle...Read More
Adam HamiltonArchivesMar 19, 2021The gold miners' stocks have suffered an extended correction in recent months, leaving them deeply out of favor. Yet their underlying fundamentals remain incredibly strong, thanks to continuing high prevailing gold prices. These companies' recently-released Q4'20 results revealed they are thriving, generating massive revenues, earnings, and operating cash flows. Th...Read More