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LIVE FUTURES REPORT 10/06: Nickel, copper down over 1% ahead of US CPI data

June 11, 2021 / www.metalbulletin.com

Nickel and copper were down the most on the London Metal Exchange on June 10 morning, although all prices fell ahead of the release of US consumer prices data later on Thursday.LME three-month nickel fell to $17,870.50 per tonne on Thursday at 9am, back to the same levels from the Monday close, following a 1% rise on Wednesday to $18,136 per tonne. The metal's price fell on Thursday after new...Read More

IRON ORE DAILY: Seaborne prices up despite sintering restrictions in Tangshan [CORRECTED]

June 11, 2021 / www.metalbulletin.com

Iron ore prices pushed up on Tuesday June 8, despite sintering restrictions being imposed on steelmakers in China's steelmaking hub Tangshan, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $209.50 per tonne, up $7.08 per tonne62% Fe low-alumina fines, cfr Qingdao: $211.81 per tonne, up $7.63 per tonne58% Fe fines high-grade premium, cfr Qingdao: $182.87 per tonne...Read More

Chinese stainless steel exports give way to Indonesia amid export tariff jitters

June 11, 2021 / www.metalbulletin.com

China's stainless steel export market was inactive in the week to Wednesday June 9 amid concerns over the possibility of an export tariff being introduced in the country. Meanwhile, Indonesian suppliers took the opportunity to gain more orders.But the quieter market did not down export offers for Chinese stainless steel because China's domestic market remained strong, with prices narrowing upward...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

June 11, 2021 / www.metalbulletin.com

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam, $/lb at 19.80-20.50 on Thursday June 10, 2021....Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

June 11, 2021 / www.metalbulletin.com

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More

'Heads You Win, Tails You Don't Lose'

May 28, 2021 / dailyreckoning.com

Boring. I never thought I would say that about gold prices, but the gold price action for the last nine months has been boring.And that's actually a good thing. Why?After beginning with the boring part, I'll explain. Let me unpack this…Gold prices hit an all-time high of $2,069 per ounce on August 6, 2020.The yield-to-maturity on the 10-year Treasury note hit an interim low of 0.508% on Augu...Read More

FOCUS: Deciphering Australian coking coal's meteoric price rise in May-June

June 11, 2021 / www.metalbulletin.com

Australian coking coal export prices rose to their highest in nearly two years on June 9, having trended upward since May.Fastmarkets' index for premium hard coking coal, fob DBCT hit $168.50 per tonne that day.Market sources have attributed the gains to increased speculation and a wide spread between cfr China and fob Australia markets.Speculative cargoes swap boosts market sentimentMore speculat...Read More

Diamonds Snapshot: Eight Canadian companies ready for discovery

June 10, 2021 / www.northernminer.com

After a difficult 2020 that saw a near shutdown of the diamond market for half the year as a result of pandemic-related travel restrictions, diamond prices have bounced back in 2021. Here's a look at eight active Canadian-listed diamond explorers and miners who've made it through the trough and are preparing for the upturn.Arctic Star ExplorationArctic Star Exploration (TSXV: ADD) has unearthed fo...Read More

Rough diamond pricing: Learn the lessons of history or history will repeat itself

June 10, 2021 / www.northernminer.com

Suddenly, diamonds are looking interesting again. The cutbacks in diamond production last year, allied to the substantial fall in manufacturing capacity in India (the major diamond cutting centre) as a result of the Pandemic, against continuing strong retail demand for diamond jewellery has cleared out the billions of dollars of rough and polished inventory overhang in the mid-stream. No new obvio...Read More

Investors with US$41 trillion urge G7 to end support for coal

June 10, 2021 / www.northernminer.com

A group of 457 investors, which oversees more than US$41 trillion in assets combined, and a coalition of 79 company CEOs are calling on the G7 - Canada, France, Germany, Italy, Japan, the U.K. and U.S. - to work harder on reducing greenhouse emissions and cut funding for fossil fuels.In separate letters to governments as leaders of the G7 meeting in England, and ahead of a global climate summit in...Read More

Ekati to produce 4M carats in 2021 under new owners, Arctic Canadian Diamond

June 10, 2021 / www.northernminer.com

After a roller coaster of a year that almost forced an early end to the Ekati diamond mine, the operation's new owners, Arctic Canadian Diamond Company, are hoping that the recovering diamond market will give Canada's first diamond mine a more solid foundation.The mine's future was put in doubt last March, when operations were suspended in response to the pandemic-related shut down of diamond mark...Read More

The impossible can't happen

June 10, 2021 / www.mining-journal.com

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 incIn little more than five or six years, Benchmark has turned itself into the go-to organisation for anyone, fro...Read More

JV Article: Red Pine Exploration reaches milestone with Wawa gold project consolidation

June 10, 2021 / www.northernminer.com

After Red Pine Exploration's (TSXV: RPX) consolidation of its interests and 100% ownership of the Wawa gold project, followed with the subsequent acquisition of the War Eagle mining claims that lie adjacent to the property located in McMurray township, Michipicoten region of Ontario in April, the company reached a pivotal point.With ownership streamlined after buying out its 36.7% joint-venture...Read More

Webinar - Music Royalties Inc. @Music_Royalties

June 10, 2021 / youtu.be

The following is a Webinar with New Direction Trust (a Self-directed IRA). Timestamps:hh:mm:ss 0:00 - Intro0:43 - Transition to Music Royalties3:55 - Artists...Read full newsRead More

The many forces driving #nickel price volatility, per @FastmarketsMB

June 10, 2021 / www.fastmarkets.com

Bullish sentiment about nickel demand, particularly for electric vehicles, compared with long timeframes needed to increase mine supplies, has driven prices higher. But continuing uncertainties about the future timing and extent of nickel demand and supply growth have created a volatile market, reports Gregory DL Morris.Read full newsRead More

Samsung SDI Introduces Cylindrical NCA Cells With 91% #Nickel

June 10, 2021 / insideevs.com

Samsung SDI presents at the 2021 InterBattery in South Korea its latest battery tech, including the new Gen.5 battery cells for electric vehicles.Read full newsRead More

FPX Nickel tests potential carbon neutral operation at Baptiste #nickel

June 10, 2021 / bit.ly

Carbon sequestration rates at the project were 50% greater than the average rates of capture at BHP's Mount Keith mine in Western Australia.Read full newsRead More

US Gold Corp. Reveals Latest Advancements in Mining Assets

June 10, 2021 / dlvr.it

The gold mining sector is a popular field for investors as there are over 300 companies listed and publicly traded. Gold and gold mining companies are often seen as complementary...Read full newsRead More

@TheKanehB

June 10, 2021 / www.youtube.com

The Waco siege was a siege of a compound belonging to the religious group Branch Davidians by American federal and Texas state law enforcement and US militar...Read full newsRead More

.@EdgemontGold $EDGM Exploring Compelling Copper-GoldPorphyry Opportunities in British Columbia

June 10, 2021 / bit.ly

Edgemont Gold (CSE:EDGM | FRA: EG8) has launched its campaign on the Investing News NetworkRead full newsRead More

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