The London Metal Exchange three-month nickel price had the biggest rise of 4.8% and tin crossed the $21,000 per tonne mark for the first time since April 2019 in an upbeat start to the year for the entire complex on Monday January 4, where all forward prices rose by more than 1%. Nickel's price closed on Monday at 5pm $17,404 per tonne after closing last year at $16,613 per tonne. Nickel's rising...Read More

Except for copper, base metals stocks in Shanghai Futures Exchange-registered warehouses all recorded falls in the week to Thursday December 31, with zinc down the most by 13%. The anomaly in stock copper levels was stark, surging by 15.3%, while the rest of the base metals' inventories declined.Copper inventories totaled 86,679 tonnes on Thursday December 31, up by 11,530 tonnes or 15.3% from a w...Read More

Jack ChanPosted Jan 4, 20212020 Traders log(Click on image to enlarge)In 2020, our closed positions realized a profit of 22.67%, while our open positions are sitting on a profit of 15%. A very fruitful year.As always, we do not offer predictions or forecasts for the markets. We simply follow our trading models to see what and when we should be invested in.Looking ahead to 2021…….Gold...Read More

The London Metal Exchange nickel price led the way on morning trading on Monday January 4 with a 4.3% rise from its closing price of 2020, reflecting an upbeat start to the year where all metals' forward prices rose by more than 1%. The three-month nickel price was at $17,335 per tonne on Monday at 9am, from Thursday December 31's closing price of $16,613 per tonne. Copper's three-month price was...Read More

Here are five Fastmarkets stories you might have missed on Monday January 4 that are worth another look.News of Covid-19 vaccines being distributed and administered around the world has boosted sentiment in Asian economies, with steel markets in the region seemingly upbeat on prospects in 2021.Sustainable mining of lithium - a critical...Read More

View the Fastmarkets holiday pricing schedule for 2021-2022.Click on the image below to view the Fastmarkets holiday pricing schedule for base metals, minors, ores & alloys and industrial minerals, and ferrous prices for 2021 and 2022. If you have any questions about Fastmarkets' pricing calendar, please contact Fastmarkets global base metals editor Juliet Walsh at juliet.walsh@fastmarke...Read More

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW / TSX-V:SIM / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that it has closed a private placement in Israel and Canada of 129,450 units of the Company (the "Units") at a price of US$100 per Unit for aggregate gross proceeds of US$12,945,000 (the "Offering"). Each Unit consisted of ten common shares of the Company (the "Sha...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 1.China Both low-and high-grade manganese ore indices were published on Monday January 4 as per Fastmarkets' holiday pricing schedule. Seaborne manganese ore prices were little changed amid thin activity...Read More

Spot trading of copper concentrates was quiet in the last week of December, with fewer purchases from both smelters and traders. Fastmarkets' copper concentrate treatment and refining charges (TC/RCs) continued to rise, with offers for copper concentrates to smelters remaining in the mid to high $40s, while smelters bid at $50 per tonne for clean qualities. A combo deal of Bisha and clean qualitie...Read More

View the Fastmarkets holiday pricing schedule for 2021-2022.Click on the image below to view the Fastmarkets holiday pricing schedule for base metals, minors, ores & alloys and industrial minerals, and ferrous prices for 2021 and 2022. If you have any questions about Fastmarkets' pricing calendar, please contact Fastmarkets global base metals editor Juliet Walsh at juliet.walsh@fastmarke...Read More

Here are five Fastmarkets stories you might have missed on Monday January 4 that are worth another look.News of Covid-19 vaccines being distributed and administered around the world has boosted sentiment in Asian economies, with steel markets in the region seemingly upbeat on prospects in 2021.Sustainable mining of lithium - a critical...Read More

The Turkish deep-sea scrap markets were quiet at the start of this week due to new year holidays, but purchasing activity was expected to resume soon, market sources said on Monday January 4.Turkish steelmakers have been silent in the deep-sea markets since December 24, when a steel mill in the Marmara region booked a Baltic Sea cargo containing 30,000 tonnes of shredded scrap at $480 per tonne cf...Read More

Turkish domestic prices for auto bundle steel scrap have gone down with the strengthening of the country's lira, while firm values for imported scrap were keeping ship scrap prices on an upward trend over the past week, sources said on Monday January 4.The Turkish lira has become stronger since the Turkish Central Bank raised interest rates on December 24.The bank raised the one-week repo rate by...Read More

The new year has started with optimism in the air and base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up by an average of 1.8% and 1.4% respectively this morning, Monday January 14. Most Asian-Pacific equity indices were also showing gains, while the dollar index remains in low ground.Volume traded on the LME has been high with 12,012 lots traded as at 6.38am Lon...Read More

Red River Resources Limited (ASX: RVR) is seeking to build a multi-asset operating business, focused on base and precious metals. Red River's foundation asset is the Thalanga Base Metal Operation, in Northern Queensland that has been producing copper, lead and zinc concentrate, since 2017. RVR has recently acquired the past producing, high-grade Hillgrove Gold Project, in New South Wales, which is...Read More

Gold prices kicked off 2021 climbing to a two-month high, up 2.25% to $1,937 an ounce at last look.The yellow metal is digesting several different pieces of news this morning, including reports that Japan is poised to declare a "state of emergency" for the second time in the COVID-19 pandemic and a sharply lower U.S. dollar.Japanese Prime Minister Yoshihide Suga told reporters, "We, as the governm...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 1.China Both low-and high-grade manganese ore indices were published on Monday January 4 as per Fastmarkets' holiday pricing schedule. Seaborne manganese ore prices were little changed amid thin activity...Read More

Sustainable mining of lithium - a critical raw material in the manufacturing of lithium-ion batteries that also plays a pivotal role in vehicle electrification - has come under increased scrutiny over the past year amid an accelerated shift toward electric vehicles (EVs).This has prompted a raft of lithium incumbent and junior miners to disclose their environmental commitments over the course of 2...Read More

Here are five Fastmarkets stories you might have missed on Monday January 4 that are worth another look.News of Covid-19 vaccines being distributed and administered around the world has boosted sentiment in Asian economies, with steel markets in the region seemingly upbeat on prospects in 2021.Sustainable mining of lithium - a critical...Read More

There was limited spot liquidity in the import market for steel hot-rolled coil in Vietnam over the holiday period at the end of December 2020.There were almost no inquiries from Vietnamese buyers, who were mostly waiting for the new year to begin and show a clearer indication about price trends before they entered the spot market again, Fastmarkets heard on Monday January 4.The recent falls in ir...Read More