Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 25, 2020 The “KISS (Keep it simple, superstar!)” investing principle is important, especially in the gold market. Business owners and stakeholders don’t have a lot of time to be deciphering candlesticks on a gold chart, but there are some easy rules of thumb that can...Read More

Key data from the pricing sessions in Asia, Europe and the United States during the week to Tuesday August 25.China The spot Chinese domestic ferro-chrome market strengthened on tight availability, while an increase in spot demand was recorded amid a strong performance in the stainless steel sector. The UG2 chrome ore market stabilized with liquidity...Read More

Western Areas holds 19.9% of Panoramic and is watching to see if the North Savannah development hits milestones before potentially considering a "move forward" corporately.Read More

Revenue dipped 17.9% year-on-year to US$57.4 million in the six months to June 30, while net profit fell 45.9% to $4.6 million and the company suspended its dividend. Master Drilling said net operating cash generated rose 100%, though, to $11.1 million."The group entered the year facing a challenging operating environment and deteriorating economic fundamentals across many of the 23 countries in w...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announced operational and financial results for Q2 2020, and the filing of its financial statements and associated management's discussion and analysis on www.sedar.com. All dollar references in this release are in U.S. dollars.SECOND QUARTER 2020 AND RECENT HIGHLIGHTSGenerated revenue of $0.04 million and a gross lo...Read More

Halifax, Nova Scotia - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) ("Sona Nanotech" or the "Company") a developer of rapid, point-of-care diagnostic tests, is pleased to announce that its rapid detection COVID-19 antigen test achieved a sensitivity of 84.6% and a specificity of 90.0% in a study across 99 collected clinical patient samples, which included 39 positive samples and 60 negative samp...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that the Summer 2020 drilling program at the Hurricane zone has begun. Discovered in 2018 on the Larocque East property, the Hurricane zone is a recent discovery of high-grade uranium mineralization with intersections of up to 33.9% U3O8 over 8.5m. The Larocque East property is 100% owned by IsoEnergy and is...Read More

In a August 20 presentation focused on attracting foreign direct investment (FDI), the minister spoke of the positive fiscal impact mining has had (coal) and will have (gold) in the country withoutRead More

Here are five Fastmarkets stories you might have missed on Tuesday August 25 that are worth another look.Mexican steel scrap prices increased in the week ended Friday August 21, maintaining an uptrend started in late July, with the country's manufacturing sector continuing to recover gradually from the Covid-19 pandemic...Read More

Mexican steel scrap prices increased in the week ended Friday August 21, maintaining an uptrend started in late July, with the country's manufacturing sector continuing to recover gradually from the Covid-19 pandemic and companies expecting higher prices in the United States.Sources reported that at least one company in the region near the northern city of Monterrey increased its prices by around...Read More

Turkish steel producers resumed deep-sea scrap purchasing on Tuesday August 25 after more than two weeks out of the market, sources told Fastmarkets.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising 38,000 tonnes of HMS 1&2 (80:20) at $283 per tonne, 1,500 tonnes of bonus scrap at $293 per tonne and 1,500 tonnes of busheling at $298 per tonne cfr.The same mill booked a...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 25 that are worth another look.Mexican steel scrap prices increased in the week ended Friday August 21, maintaining an uptrend started in late July, with the country's manufacturing sector continuing to recover gradually from the Covid-19 pandemic...Read More

Back in March, the U.S. Congress printed up $2.2 trillion and gave it out to the voters. Single Americans got $1,200, married couples got $2,400, and parents would see $500 for each child under age 17.However, the payments phased out for individuals with adjusted gross incomes of more than $75,000, and those making more than $99,000 would not qualify at all. The government gave $300 billion in on...Read More

The domestic price of hot-rolled coil in Northern Europe was fairly stable day-on-day on Tuesday August 25, after a significant increase the previous day, sources have told Fastmarkets.But the region's steelmakers are targeting price further price rises.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?442.83 ($522.80) per tonne on Tuesday August 2...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.August 2020 has seen the prices of most steel products move up in tandem around the world, in contrast to recent months when steel prices have moved in different directions depending on the market.This dynamic has been seen in most coated steel markets as well, with the prices for hot-dipped galvanized coil (HDG), pre-painted...Read More

Prices for steel rebar and billet in the United Arab Emirates decreased slightly this week because of weak demand, market sources said on Tuesday August 25.Domestic rebarRebar producers in the UAE have been offering the product at 1,800-1,830 dirhams ($490-498) per tonne ex-works for orders with September-production  since August 17, with deals heard over the week at 1,750 dirhams per tonne e...Read More

China's domestic rebar prices stopped rising on Tuesday August 25 amid lower trading activity due to weaker futures.Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($526-530) per tonne, unchangedBuyers cut their procurement rates amid losses in the futures market, which kept sellers from raising prices further.Several traders reported that their sales volumes had dropped by 40-50% from Monday'...Read More

Vietnamese steel exports more than doubled in June to 882,019 tonnes from 428,361 tonnes in May and remained high in July at 885,366 tonnes, data from Vietnam's customs showed this month. China was the key destination for Vietnamese steel in both months, importing 489,685 tonnes in June and 401,930 tonnes in July. High prices in domestic Chinese markets, an open arbitrage window, the short shippin...Read More

Mexican steel scrap prices increased in the week ended Friday August 21, maintaining an uptrend started in late July, with the country's manufacturing sector continuing to recover gradually from the Covid-19 pandemic and companies expecting higher prices in the United States.Sources reported that at least one company in the region near the northern city of Monterrey increased its prices by around...Read More

Turkish steel producers resumed deep-sea scrap purchasing on Tuesday August 25 after more than two weeks out of the market, sources told Fastmarkets.A steel mill in the Marmara region booked a Baltic Sea cargo, comprising 38,000 tonnes of HMS 1&2 (80:20) at $283 per tonne, 1,500 tonnes of bonus scrap at $293 per tonne and 1,500 tonnes of busheling at $298 per tonne cfr.The same mill booked a...Read More