Key data from Fastmarkets' pricing session in China on Friday July 2.Key drivers The Germanium price in China ticked up on Friday July 2 amid firm offer prices from producers, with sources reporting that downstream buyers, who had hand-to-mouth demand, were gradually accepting the rising prices....Read More

Key data from the Friday July 2 pricing session in China.Key driversChina's spot domestic cobalt metal price maintained its upward momentum on Friday July 2, driven by continuing bullish sentiment and rising local future prices. Sellers succeeded in concluding small-volume deals at higher levels because some buyers with immediate needs started to restock to avoid further price increases.The rising...Read More

Stainless steel prices continue to register new highs around the end of the first half of 2021 and steelmakers continue to enjoy outsized margins.They have responded in recent months by increasing their output, which has now pushed above pre-pandemic levels and will eventually restore balance to the market.For now, though, supply gaps are still being filled and buyers find themselves competing aga...Read More

French-based uranium miner and nuclear fuels services provider Orano says it has bagged several new uranium mining and front-end services contracts worth more than US$450 million (?,?380 million).The company reports increased demand for its mining activities and activities in the front end of the nuclear fuel cycle from its electricity utility customers, particularly in the United States, Europe a...Read More

Seabridge Gold (TSX: SEA) and junior explorer Eskay Mining (TSXV: ESK) have agreed to share the $12 million construction bill of the first stage of an access road to the KSM gold-silver-copper project in British Columbia.The nine-km road, called the Coulter Creek Access Road (CCAR), is one of two main access roads to KSM. Building the first segment now will shorten the time Seabridge needs to esta...Read More

Miner and commodity trader Glencore (LSE: GLEN) has chosen non-executive director Kalidas Madhavpeddi to replace Tony Hayward as the company's new chairman, completing a leadership overhaul at the company.Madhavpeddi, a U.S. citizen, joined the board of the Swiss firm in February 2020. He had previously led China Molybdenum International (CMOC) for almost a decade, until 2018.During his time at...Read More

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

Gold steadyRead full newsRead More

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