Franco-Nevada (TSX:FNV)(NYSE:FNV) is a leading gold-focused royalty and streaming company. The company has a large, diversified portfolio of royalties and streams by commodity, geography, revenue type, and stage of project. The portfolio is actively managed to maintain a focus on precious metals, such as gold, silver, and platinum group metals. Franco-Nevada has several revenue sources and managem...Read More
PUBLISHER'S NOTE: Good afternoon, my name is Brian Hicks. I'm one of the co-founders here at Angel Publishing, which, as you may know, is the publisher of Outsider Club and its premium services.Today, I'm pleased to announce the addition of a new contributor to the Outsider Club team. His name is Luke Burgess.Luke has been with me since the beginning of Angel Publishing. Seventeen years ago when A...Read More
Is Texas stupid?Its "leaders" seem to think so.Make no mistake - what's unfolded in Lone Star State this past week is one of the biggest governmental, environmental, technical, and political disasters of our lifetime. But what's worse is that it's also become a race to the bottom for the authorities who are most responsible for its manifestation. There has been a total and complete abdication o...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 25 that are worth another look....Read More
Alumina cargoes in Brazil were trading at a slight premium to Australian material on Thursday February 25 due a muddled supply picture, but opinions on the market's direction remained mixed.Fastmarkets' alumina index adjustment to fob Australia index, Brazil, was at a premium of $0.90 per dry metric tonne compared with Australian units on Thursday, against a $4.51 per dmt discount on January 14.Th...Read More
The price of aluminium showed a 2.3% rise and held close to its new 2021 high of $2,243 per tonne during trading on the London Metal Exchange on Thursday February 25.The price of nickel was the only one among the base-metals complex to close lower day on day at the 5pm close, being down by 2.6%.Aluminium's three-month price was up to $2,235 per tonne at the close, from Wednesday's 5pm price of $2,...Read More
At least $14 trillion must be invested in the electricity grid worldwide by 2050 to support new energy usages, research consultancy BloombergNEF reported on Tuesday February 23.The drive to upgrade the grid could spur demand for a wide range of metals and industrial minerals."The transition to electric heating and transport is driving up electricity demand, while the tremendous growth of wind and...Read More
Alumina cargoes in Brazil were trading at a slight premium to Australian material on Thursday February 25 due a muddled supply picture, but opinions on the market's direction remained mixed.Fastmarkets' alumina index adjustment to fob Australia index, Brazil, was at a premium of $0.90 per dry metric tonne compared with Australian units on Thursday, against a $4.51 per dmt discount on January 14.Th...Read More
Revenue surged 4% quarter-on-quarter to $1.5 billion, attributed to a doubling of sales of flotation concentrate to 141,000 ounces. Full year EBITDA surged 38% to $3.6 billion year-on-year.Read More
The LSE and JSE-listed player posted underlying EBITDA for the second half of the year of US$6.4 billion, up 92% versus the first half and 6.8% ahead of consensus forecasts.Read More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") offers the following comment on a new Executive Order (EO) issued by U.S. President Joseph R. Biden on February 24, 2021, aimed at strengthening critical U.S. supply chains. The EO identifies three technology sectors as critical supply chains: advanced semiconductors, "high-capacity batteries, in...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata"), a leading global developer and provider of cellular communications solutions for enterprise customers, today announced that it has received a purchase order to equip 600 police vehicles with the UV350, the Company's flagship, purpose-built, in-vehicle, all-in-one communication device. The Company expects this o...Read More
A deepening of the acute shortage of titanium scrap, added to the news this week of a slump in aerospace orders, should support and strengthen prices for both scrap and ferro-titanium in the coming months despite the potential consequences for alloy consumption, industry sources told Fastmarkets on Wednesday February 24.Prices in Europe's titanium scrap markets have been rallying for almost seven...Read More
Copper scrap yards across China are keen to offload their stock following a recent rally in the red metal price, dampening Chinese buyers' interest in overseas materials."Suddenly we are seeing more copper scrap, even old wires and rod, being offered at discount as big as 900 yuan ($139). The discount was very slim prior to Lunar New Year holiday (February 11-17)," a trader said. "These days I do...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 25 that are worth another look....Read More
A deepening of the acute shortage of titanium scrap, added to the news this week of a slump in aerospace orders, should support and strengthen prices for both scrap and ferro-titanium in the coming months despite the potential consequences for alloy consumption, industry sources told Fastmarkets on Wednesday February 24.Prices in Europe's titanium scrap markets have been rallying for almost seven...Read More
Here are five Fastmarkets stories you might have missed on Thursday February 25 that are worth another look....Read More
Turkish steelmakers have continued their deep-sea scrap purchasing despite rising prices, supported by strong rebar and billet sales, market sources said on Thursday February 25.A steel mill in the Iskenderun region booked a US cargo, comprising 11,000 tonnes of HMS 1&2 (80:20) at $454 per tonne along with 16,000 tonnes of shredded and 3,000 tonnes of bonus at $464 per tonne cfr.The same mill also...Read More
A deepening of the acute shortage of titanium scrap, added to the news this week of a slump in aerospace orders, should support and strengthen prices for both scrap and ferro-titanium in the coming months despite the potential consequences for alloy consumption, industry sources told Fastmarkets on Wednesday February 24.Prices in Europe's titanium scrap markets have been rallying for almost seven...Read More
Apart from nickel on the London Metal Exchange, the rest of the base metals on both the LME and Shanghai Futures Exchange were once again stronger this morning, Thursday February 25.US Federal Reserve Chairman Jerome Powell told Congress that it might take three years to reach the central bank's inflation targetsAsian-Pacific equities were up strongly on Powell's commentsBase metals The LME three-...Read More