Russian aluminium will carry an export duty of 15% plus $254 per tonne from August 1 through December 31, the Russian government's press service confirmed.Export duties were approved on 340 non-ferrous and steel products, after Russian Prime Minister Mikhail Mishustin signed an official decree last Friday June 25. Primary aluminium, under harmonized system code 760110, will also be taxed.Some more...Read More
Perpetua's sustainable mining to bring only US antimony supplySPONSOREDperpetua resourcesArgentina: the future of uraniumSPONSOREDblue sky uraniumE3 Net-Zero Lithium: the next generation of lithium productionSPONSOREDe3 metals corpOrford's summer news flow forecast to flood inboxesSPONSOREDorford miningThe base metal play is chicken feed for a company the size of Anglo American but its fin...Read More
Gold price flatRead full newsRead More
Mine worker in Northern Territory who tested positive is believed to have caught virus in hotel quarantine in QueenslandRead full newsRead More
VANCOUVER, BC, June 22, 2021 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) ('Nevada King' or the 'Company') is pleased to to announce it has commence...Read full newsRead More
Aldebaran Resources Inc. is pleased to announce that the Company's common shares commenced trading today on the OTCQX (R) BesRead full newsRead More
Gold has proven its value time and again. Last year, gold revived several portfolios from the economic turmoil that we went through. However, gold has not been performing well lately. Its lustre appears to be losing its value with long-term investors, as growth stocks are revived as the investment of choice for many investors right now.Accordingly, now may be the time to start considering some out...Read More
Answering questions by a special House subcommittee yesterday, Federal Reserve Board Chair Jerome Powell admitted that inflation in the U.S. has risen to levels higher than previously expected, before reiterating the Fed's stance that higher inflation is only temporary."I will say that these effects [inflation] have been larger than we expected," the Fed chair told lawmakers, "But the incoming dat...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look....Read More
All prices on the London Metal Exchange except for copper finished the day on June 29 at higher prices than Monday, with lead showing the biggest gains and setting a new year-to-date high, and aluminium up by 2.5%.Copper was the only price to close lower on Tuesday, falling 0.6% to $9,334.50 per tonne from Monday's $9,388 per tonne. The three-month price of lead rose by 3.2% to $2,305 per ton...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJune 29, 2021 Over time, America’s most accurate deflation-oriented economist has probably been Lacy Hunt... Yet even Lacy is open to the dire hyperinflationary scenario that can happen as a government promotes the use of ever-more debt as a scheme to promote “world leader&rdqu...Read More
Tin demand is likely to exceed 400,000 tonnes per year by 2025, while supplies from greenfield projects and recycled material are not expected to keep pace, leading to a deficit over the next decade, according to the International Tin Association (ITA).At an ITA seminar on Tuesday June 29, delegates heard that tin demand for 2020 was calculated at 355,200 tonnes, with more than 50% being used for...Read More
McClellan Financial Publications, IncPosted Jun 29, 2021Jun 24, 2021Anyone can look at the VIX to get sentiment indications about the stock market.That’s beginner stuff, although still pretty good.The real fun lies in going deeper into data that no one else looks at to find the fun insights. This week’s chart shows the total open interest in VIX futures.VIX futures first traded in 2004...Read More
An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday June 29 and their latest price moves.China Several major producers in Inner Mongolia stopped offering ferro-chrome in the spot market due to supply tightness amid power restrictions adding to bullish sentiment. Domestic spot ferro-chrome offer prices surged prior to an expected increase in upcoming Jul...Read More
The company successfully raised A$5.2 million at 20c of up to $7 million sought.Read More
Commenting in the bank's Q3 outlook, Hansen said while some economists believe the current boom in commodity prices is cyclical - rather than structural - and that demand is now slowing as creditRead More
Seven creditors have sued a Chinese warehousing and logistics firm to claim a loss of copper concentrate worth 1.073 billion yuan ($166 million), according to several court documents, the latest of which was released on June 23. Dalian Container Terminal Co Ltd (DCTL) allegedly delivered a total 925,000 tonnes of copper concentrates without the consent of the seven companies that had provided cred...Read More
Jun 29, 2021 Guest(s): Trish Regan Founder, Trish Intel Podcast President Biden recently issued a warning to Russia, the state suspected of backing the Colonial Pipeline hackers, that America would retaliate against perpetrators should "critical infrastructures" be attacked via hacking.Whatever his message is intended to convey, investors can expect a rise in cyber threats well into the future,...Read More
The European ferro-titanium and titanium scrap markets may be set to push higher in the coming months after news that Russia will impose an export tax on ferro-alloys between August 1 and December 31 this year, according to industry sources.Europe imported around 1,500 tonnes of ferro-titanium per month on average from Russia in the past three years, including Scandinavia and Turkey, with 1,700-1,...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday June 29 that are worth another look....Read More