Here are five Fastmarkets stories you might have missed on Tuesday May 19 that are worth another look.German diversified industrial group Thyssenkrupp has detailed its restructuring plan, confirming plans to sell shares in its steel business and sell or close its heavy plate sites.Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following...Read More

Aluminium was the only LME three-month base metals contract to close negatively on Tuesday May 19, with gains in aluminium futures capped by a 26,500-tonne fresh inflow as of 9am. The significant inflows arrived at into LME-approved sheds at Port Klang, Malaysia and Toledo in the United States, with 21,500 tonnes put into warehouses at Port Klang and 5,000 tonnes arriving in To...Read More

Alumina prices on an fob Australia basis continued to climb over the past week with buyers from China happy to pay above market levels to import cargoes, Fastmarkets heard on Tuesday May 19."The stronger aluminium prices and demand in China are propping up the international price of alumina," a trader said. "Plants are restarting and life is getting back to normal there, after the [Covid-19 pandem...Read More

Bob Moriarty ArchivesMay 19, 2020Gold and silver have had a good run lately but the DSI is suggesting a pause may be in the works. Gold hit a reading of 91 on Friday May 15th while silver showed 88. While I am convinced the actions of the Fed in unleashing a flood of dollars will result in hyperinflation in the metals and deflation in real terms for all of the bubbles, corrections are part of inve...Read More

Sam Catalano, senior mining equities analyst at Canaccord Genuity, said from a professional perspective, the current crisis was "nowhere near as bad as it felt in 2008-2009".Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMay 19, 2020To view an important weekly gold chart, pleaseclick here now. Double-click to enlarge.Gold is consolidating after reaching substantial resistance in the $1800 area. There was wild gyration in 2012 around that resistance zone and a breakdown that disappointed investors.In contra...Read More

Here are five Fastmarkets stories you might have missed on Tuesday May 19 that are worth another look.German diversified industrial group Thyssenkrupp has detailed its restructuring plan, confirming plans to sell shares in its steel business and sell or close its heavy plate sites.Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following...Read More

Alumina prices on an fob Australia basis continued to climb over the past week with buyers from China happy to pay above market levels to import cargoes, Fastmarkets heard on Tuesday May 19."The stronger aluminium prices and demand in China are propping up the international price of alumina," a trader said. "Plants are restarting and life is getting back to normal there, after the [Covid-19 pandem...Read More

With three very impressive advanced stage silver projects coming online over the next three-four years (Juancipio: 2020, Las Chispas: 2022, and Corani: 2023/2024), what comes after? This leaves very few silver projects to be excited about. There are a very large number of higher-grade deposits that are relatively small (i.e. those owned by Alexco Resource and Aurcana) and a larger number of low-...Read More

By: Ira Epstein Vaccine hopes yesterday helps markets. Gold was initially up on the Fed Chair's comments but then after the vaccine news, it took gold and silver from its highs. But the current set-up...Read More

Lindian will report a JORC resource "before mid-year", with grades reported being 50% Al2O3 or more from surface over intervals of up to 9m.Read More

Newmont is continuing to ramp up operations at its Pe??asquito lead-zinc-silver mine in Zacatecas, Mexico and expects first production in early June. The mine, which was placed on care and maintenance in early April alongside other non-essential businesses during the Covid-19 pandemic, began ramping up in phases after the Mexican government designated it an essential activity. "Over the next...Read More

Here are five Fastmarkets stories you might have missed on Tuesday May 19 that are worth another look.German diversified industrial group Thyssenkrupp has detailed its restructuring plan, confirming plans to sell shares in its steel business and sell or close its heavy plate sites.Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following...Read More

Here are five Fastmarkets stories you might have missed on Tuesday May 19 that are worth another look.German diversified industrial group Thyssenkrupp has detailed its restructuring plan, confirming plans to sell shares in its steel business and sell or close its heavy plate sites.Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following...Read More

Ferrous scrap prices in Mexico rose for certain grades on thin deals and low availability, while some price cuts were announced in both Baj?-o and Monterrey regions.Local steel producers avoided announcing price changes last week, but market participants reported purchases being made at higher prices.Fastmarkets' assessment of the consumer buying price for No1 heavy melt, delivered mill Bajio rose...Read More

Turkish steel mills booked no new cargoes on Tuesday May 19 due to a public holiday pausing all trading activity, sources said.In addition to the public holiday, major cities remain subject to lockdown restrictions to curb the spread of the Covid-19 virus until Wednesday.Another lockdown...Read More

Here are five Fastmarkets stories you might have missed on Tuesday May 19 that are worth another look.German diversified industrial group Thyssenkrupp has detailed its restructuring plan, confirming plans to sell shares in its steel business and sell or close its heavy plate sites.Swedish state-owned iron-ore producer LKAB has confirmed that all production at its Kiruna mine has stopped following...Read More

A string of Covid-19 cases among staff at Polyus PJSC, Russia's largest gold mine and main antimony ore supplier, could threaten exports of concentrates from the country, sources have said.The Olimpiada mine in the Krasnoyarsk Krai region of Siberia has reported that there have been 866 people infected with Covid-19 to date.Gold operations at Olimpiada were continuing as normal, according to Russi...Read More

Newmont is continuing to ramp up operations at its Pe??asquito lead-zinc-silver mine in Zacatecas, Mexico and expects first production in early June. The mine, which was placed on care and maintenance in early April alongside other non-essential businesses during the Covid-19 pandemic, began ramping up in phases after the Mexican government designated it an essential activity. "Over the next...Read More

Today is Tuesday, May 19, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Noble Midstream Partners LP (NASDAQ: NBLX), Centennial Resource Development (NASDAQ: CDEV), and Cameco Corporation (NYSE: CCJ).Noble Midstream Partners LP (NASDAQ: NBLX)Noble Midstream Partners LP (NASDAQ: NBLX) is a $666.04 million company today with a one-year return of -77.58%....Read More