Swiss-based multinational miner Glencore (LSE: GLEN) has disclosed US$5.7 billion in taxes, royalties and other government payments in 2020.The diversified mining house says the Covid-19 pandemic caused major production outages across the portfolio last year amid softer commodity prices: the result, lower payments to host nations compared with the 2019 total of US$7.7 billion.The group's effective...Read More

Hayward retires after eight years as chairmanRead full newsRead More

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Julian is home to San Diego County's motherlode. But also, don't miss the apple pie.Read full newsRead More

While the Canadian stock market remains strong, several TSX stocks continue to trade at lower valuations and look promising in the medium to long term. So, if you plan to purchase shares of high-quality Canadian companies at lower prices, consider adding Scotiabank (TSX:BNS)(NYSE:BNS), Loblaw (TSX:L), Kinross Gold (TSX:K)(NYSE:KGC), and Capital Power (TSX:CPX) to your port...Read More

Barrick Gold (TSX:ABX)(NYSE:GOLD) can’t seem to catch a break these days. The macro-environment seems to be one in which gold would shine most brightly. With the growing popularity of cryptocurrencies like Bitcoin, Dogecoin, Ethereum, Litecoin, and all the sort, though, gold’s luster has taken a major hit.Some of the bigger cryptocurrency bulls out there think Bitcoin is the millennial...Read More

Pandemic and inflation fears seem to have subsided in the last few weeks. Now, the economic recovery looks more dominant compared to the situation early this year, which will likely bode well for the markets. So, here are three top Canadian stocks to buy in the ongoing market rally for handsome long-term gains.National Bank of CanadaEarnings of the Big Six Canadian banks indicate strong economic g...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 6 that are worth another look.Indian suppliers exhausted their third-quarter quota for shipments of hot-rolled coil into Europe on the first day of the new three-month period, according to data released by the European...Read More

Copper prices fell by 2.1% on the London Metal Exchange during trading on Tuesday July 6, on a strengthening of the US dollar and market caution at the start of the new trading month.The three-month copper price fell by almost $200 per tonne on Tuesday to $9,312 per tonne, despite reaching an intra-day high of $9,632.50 per tonne. This was a 2.1% decrease from Monday's 5pm close of $9,511 per tonn...Read More

The zinc price in Shanghai rose on Tuesday July 6 despite the state's latest attempt to cool down the price of the galvanizing metal by auctioning off inventory.The daily zinc Shanghai Futures Exchange price closed at 22,310 yuan on Tuesday, up 0.6% day on day.There was minimal price reaction after the Chinese government sold its 30,000 tonnes of zinc ingots reserve at the first-ever public tender...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 6, 2021 Should American Independence Day be renamed Fiat Dependence Day? Please click here now. The United States is no longer united.Arguably, the only unifying force that remains amongst races and political parties... is worship of the fiat money voodoo doll. In 2019 I warned that...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 6 that are worth another look.Indian suppliers exhausted their third-quarter quota for shipments of hot-rolled coil into Europe on the first day of the new three-month period, according to data released by the European...Read More

Jul 06, 2021 Guest(s): Chris Vermeulen Chief Market Strategist, The Technical Traders Chris Vermuelen, chief market strategist at https://TheTechnicalTraders.com, has redeployed his cash holdings back into stocks and is now fully invested ahead of what he believes is a bull rally.Vermeulen has just a few months ago liquidated all his holdings and held 100% cash in anticipation of a market correc...Read More

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday July 6 and their latest price moves.China Spot domestic ferro-chrome prices rose for a fifth consecutive week on stronger sentiment after Tsingshan raised its July tender price by 950 yuan per tonne month on month. The higher tender price also boosted the imported charge chrome market, where sellers re...Read More

Brazilian alumina exports rose by 20.13% year on year in June, while bauxite shipments fell by 34.50%, according to data from the country's ministry of economy published on Monday July 5.Brazil exported 816,785 tonnes of alumina in June, up from 679,916 tonnes a year before, amid significantly higher contributions from the northern Bel?(C)m port in the Par?? state.Shipments from the Bel?(C)m port...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 6 that are worth another look.Indian suppliers exhausted their third-quarter quota for shipments of hot-rolled coil into Europe on the first day of the new three-month period, according to data released by the European...Read More

The Turkish steel producers continued to hold back from the deep-sea scrap import markets on the second working day of the week due to limited demand for finished long steel products, market participants told Fastmarkets on Tuesday July 6.The mills in the country booked four deep-sea cargoes last week, three of which were booked by a single steel mill.The most recent deal was concluded at $495 per...Read More

Buyers' activity in the steel scrap import market remained low on Tuesday July 6 despite rising contracts for rebar and hot-rolled coil on the Shanghai Futures Exchange."Market chatter on mills cutting production has turned the finished steel markets bullish, so raw materials [markets] followed. This is why rebar and HRC rose higher than iron ore in the futures market today," a Zhejiang-based trad...Read More

Base metals prices on the Shanghai Futures Exchange, apart from those for lead, were up during morning trading on Tuesday July 6. Those on the London Metal Exchange were mixed, but that was after a generally positive day on Monday.Brent crude oil climbs after Organization of Petroleum Exporting Countries fail to agree a production increaseBase metalsLME three-month base metals prices were mixed th...Read More

Global recycling company TES plans to build its first lithium-ion battery recycling plant at the Port of Rotterdam in the Netherlands, according to a joint statement made on Monday July 5.The new plant will have capacity for 10,000 tonnes per year, and will be the first of its kind in the European country, TES and the port authority said in the announcement. It should be fully operational by late...Read More