China's domestic magnesium price increased sharply after authorities in Zhongwei - a key ferro-alloy production hub in Ningxia Hui Autonomous Region - issued a production cut notice due to high energy-consuming enterprises on Thursday June 3.Fastmarkets' weekly price assessment for magnesium 99.9%, exw China was 18,300-19,000 yuan ($2,861.07-2,970.51) per tonne on Friday June 4, an increase of 300...Read More
Key data from Fastmarkets' pricing session in China on FridayJune 4.Key drivers The China silicon price narrowed slightly down following a correction to the previous price rally, but overall sentiment remains positive...Read More
The Indian silico-manganese export price moved up for the fourth week in a row on Friday June 4, extending its longer-term rally since February 12 on renewed steelmaker demand and tight availability. Fastmarkets assessed the silico-manganese, 65% Mn min, min 16% Si, fob India price at $1,400-1,430 per tonne on Friday, up by about 3.3% from $1,360-1,380 per tonne week on week. The price is at...Read More
With copper's key role in the transition to greener forms of energy to fight climate change, along with soaring prices for the metal, companies are accelerating their work plans at copper projects around the world. We profile eight companies with copper projects.ASCENDANT RESOURCESAscendant Resources (TSX: ASND; US-OTC: ASDRF) is focused on the exploration and development of the Lagoa Salgada volc...Read More
Drilling at Nighthawk Gold's (TSXV: NHK) 930-sq.-km Indin Lake gold project, 200 km north of Yellowknife, has extended mineralization at the Grizzly Bear deposit ahead of a resource update expected later this year.Nighthawk released results of 18 holes totalling 4,048 metres drilled at Grizzly Bear. The shallow holes, limited to 200 metres depth, targeted mineralization extensions to the north and...Read More
Serbia's President, Aleksandar Vucic, may seek voter approval for Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) Jadar lithium project near the city of Loznica, in western Serbia, as community opposition grows.Speaking on local TV today, Vucic said the government fully supports the project, which could become Serbia's second largest export earner once developed. He also said his administration won'...Read More
Researchers at King Abdullah University of Science and Technology, a private research university in Saudi Arabia, have developed what they believe is an economically viable system to extract high-purity lithium from seawater.Previous efforts to tease lithium from the mixture the metal makes together with sodium, magnesium and potassium in seawater yielded very little. Although the liquid contains...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe future economy is looking greenSPONSOREDlomiko metals incThe first hint that doubts are developing about the longevity of boom conditions emerged last month, soon afte...Read More
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the 'Company' or 'Cas...Read full newsRead More
BARRICK GOLD-PORGERA/:Barrick CEO hopes Papua New Guinea gold mine will restart this yearRead full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the 'Company' or 'Cas...Read full newsRead More
HGZ - near surface32.91 gt Au over 6.40 metres, including 148.82Read full newsRead More
I am bullish on the Canadian stock market, as the optimism stemming from the ongoing vaccination, increasing economic activities, revival in consumer demand is likely to provide a long runway for growth. With the improving economic environment and growth in the background, I have selected four stocks listed on the TSX index poised to deliver strong growth in the coming years. Furthermore, the...Read More
It is all the more difficult to pick stocks when markets are trading at all-time highs. Very few stocks offer handsome upside, while many can be growth traps. Here are three TSX stocks that offer decent return potential for long-term investors.Lightspeed POSSome might think that high-beta stocks like Lightspeed POS (TSX:LSPD)(NYSE:LSPD) could be a risky proposition when markets are at record...Read More
It doesn't have the flash of gold...... And it's nowhere near as sexy as silver...It's not even as well-known as the more boring metals like copper, nickel, and zinc.But vanadium has long served as a vital industrial metal. And now it's quickly transitioning into a critical energy metal.Vanadium is a soft white metal (chemical element V and atomic number 23) that's mostly used as a steel hardener....Read More
Here are five Fastmarkets stories from Tuesday June 8 that are worth another look.A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays...Read More
Strong demand and tight supply supported aluminium premiums at recent multi-year highs across the globe on Tuesday June 8, although levels for those in South Korea were unchanged for two months.End-user interest and insufficient supply offset London Metal Exchange backwardation in Rotterdam Japanese premium holds at two-year high on fresh deals South Korea stable for eight weeks amid little market...Read More
Tin was the best performer on the London Metal Exchange on June 8 due to its constrained global supply situation being set to worsen amid disruption from MSC, while the rest of the complex finished positively on afternoon US trade despite a broader consolidation.LME tin's three-month price closed at $31,223 per tonne on Tuesday, jumping up by 2.3% from Monday's closing price of $30,525 per tonne,...Read More
Here are five Fastmarkets stories from Tuesday June 8 that are worth another look.A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays...Read More
Bob Moriarty ArchivesJun 8, 2021In the afternoon of June 8th, 1967 the United States came within six minutes of starting a nuclear war with the Soviet Union during theSix-Day War.At the direction of President Lyndon Johnson, US Navy aircraft from the USS America armed with nuclear weapons were ready to launch with Cairo their target. The Soviet Union told the US that soon after the first nuke went...Read More