Base metals prices opened mostly higher on the London Metal Exchange, with stable indications of economic recovery in China helping support prices on Friday August 14. Industrial output in China grew 4.8% in July, flat from the growth rate in June, prompting support for base metals prices. "Industrial output and activity continue to lead the way - it appears that this is enough to get metals price...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday August 14. ChinaSeaborne manganese ore prices continued to climb up amid improved sentiment resulting from growing portside ore and alloy prices and continued buying of 37% manganese ore material. Prices for 44% manganese ore will follow the trend pending fresh offers, sources said.Portside ore pric...Read More
The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt alloy...Read More
The cobalt standard grade, in-whs Rotterdam, trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed the price of cobalt standard...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday August 14.ChinaThe UG2 chrome ore market recorded a pick-up in activity over the past week, with buyers procuring at around the current index level, while some sales were reported above this level later in the week ...Read More
Falcon Gold (TSX-V: FG) has reported positive drill results from a second hole at its flagship Central Canada gold project, located 22 km east of Atikokan and 160 km west of Thunder Bay in north-western Ontario.Drill hole 20-02 intersected 1 metre grading 23.11 grams gold per tonne starting from 35 metres downhole. Assays from the first hole, 20-01, returned high-grade gold mineralization over 3...Read More
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) said on Aug. 13 that the Pebble Partnership has written to the Inspectors General of the U.S. Army, the U.S. Department of Defense and the U.S. Army Corps of Engineers (USACE), joining the call for a review of the USACE's management of the Pebble Project Environmental Impact Statement (EIS).The move comes after the U.S. Congress House Committee on Ov...Read More
China has approved the merger of two of Shandong province's top state-owned coal miners, Shandong Energy Group and Yankuang Group. The combined company, China's second-largest coal producer after China Energy Investment Corporation (CEIC), will operate under the name Shandong Energy Group.The new entity is expected to account for close to 7% of the country's total coal output. China is the world's...Read More
Endeavour Mining (TSX: EDV), a Toronto-listed gold mining company with assets in West Africa, is assessing whether to dual list on either the London or New York exchanges as it looks to attract new investors following its recent acquisition of Semafo (TSX: SMF), its smaller rival in the region."We are going to move to one or the other," S?(C)bastien de Montessus, Endeavour's director and CEO, sa...Read More
Taiwanese buyers turned to imported containerized ferrous scrap from the United States West Coast over the past week due to the absence of Japanese scrap in the market.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $257-259 per tonne on Friday August 14, unchanged from a day earlier but up by $2 per tonne...Read More
U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world's top economies gear up to review a January deal after a prolonged trade war.Read full newsRead More
Australian shares rose on Friday, buoyed by gains in gold stocks and the central bank's reassurance on policy measures to ease the economic pain of the coronavirus crisis.Read full newsRead More
Capital 10X has put together an investing series looking at the most promising states for cannabis investment. We begin with Nevada, the state with the highest ticket sales.Read full newsRead More
Lots of news flow from NV Gold recently as they are mobilizing for geophysical surveys at Slumber Gold Project and Sandy Gold Project in Nevada, and preparin...Read full newsRead More
The gold prices plunged yesterday. But this correction won't last for a long time, I think. Here're the best UK mining shares I'd buy now. The post Yes, gold prices will shine again. The best UK mining shares I'd buy now appeared first on The Motley Fool UK.Read full newsRead More
Berkshire Hathaway's only new purchase in the second quarter was Barrick Gold, which doesn't indicate confidence in a quick economic recovery. Read full newsRead More
Today, for INKResearch.com subscribers and Canadian Insider Club members, we published our August Top 40 stock report. In every issue, we provide some context for the list of the 40 highest INK Edge ranked stocks, and today I am sharing with our entire community our take on current market and economic conditions which was published in the report. To see the list of the top 40 stocks, please join...Read More
Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has provided his independent market research to the following entities all over the world: hedge funds, banks, brokerage firms, family offices, and individual clients. Mr. Nenner worked for Goldman, Sachs & Co in NY, from 2001 to 2008. Before that time, Mr. Nenner worked exclusively for Goldman, Sachs & Co....Read More
?>>?Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the NYSE....Read More