Are you having a hard time looking for worthy buys in this frothy market? Here are three undervalued TSX stocks to buy for long-term investors.Intact Financial CorporationIntact Financial (TSX:IFC) is another under-the-radar name that deserves more attention. It’s a $26 billion property and casualty insurance leader in Canada with a market share of 17%. The company aims to grow its earnings...Read More

I just took some of your fellow Outsiders on a "team building exercise."No, we didn't partake in one of those insufferable corporate retreats where you wander into the woods, take turns falling off a log, and hope to God your coworkers don't hate you enough to let you fall and break your neck. We didn't do some lame scavenger hunt to "test our synergy" or "brainstorm" or any other mindless busines...Read More

Aluminium 6063 billet premiums climbed in Europe and Brazil on Friday July 30, while premiums in the United States and Asia were steady. Supply contract negotiations for 2022 have started, but high freight rates and a Russian export tax are likely to complicate talks.EuropeFastmarkets assessed the aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region) at $1,170-1,220 per tonne on...Read More

Spurred on by supply tightness and steady demand, the aluminium three-month price on the London Metal Exchange rose to a new 2021 high of $2,642 per tonne on July 30, while tin and nickel's three-month price, also supported by strained fundamentals, rose over 10% in July.Aluminium's price was up 5.3% on Friday from a closing price of $2,507.50 per tonne on July 1 and at its highest since April 201...Read More

Sudbury, a Vale SA mine in Canada where workers have been striking since June 1, has had "a very large impact" on the Brazilian miner's operations, the company's chief executive officer told analysts on July 29."Even if we quickly resolve the strike, we will still have many weeks until we normalize," CEO Eduardo De Salles Bartolomeo said, without directly answering a question on how long the strik...Read More

Bob Moriarty ArchivesJul 30, 2021I wrote about Eloro about three weeks ago and pretty much covered the story. The Iska Iska project in Southern Bolivia will be a mine. It is far too big and far too rich not to be a mine under any commodity prices.The company released drill results on July 28th that probably would not qualify as just world class but it would be more accurate to call it universe cla...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More

Gold futures traded at US$1835.80 an ounce, the highest level since mid-June, and rose as high as $1837.50/oz."Gold is trading firmer following the FOMC meeting; however, the move still seems underwhelming given the latest move in real rates and the US dollar," UBS said."Market participants have been wondering about gold's relationship with real rates, which seems to have broken down since the Jun...Read More

Fastmarkets is launching a one-month consultation on several proposed updates to the wording of its assessment methodology. The proposed wording refinements do not materially alter the way Fastmarkets Metals & Mining assesses prices but are instead intended to describe the process more clearly to increase market participants' understanding of how editorial judgment is applied. The changes are not...Read More

Despite the forced curtailment of staff movements and ongoing shortages of road train drivers, ore shipments rose 27% from the March quarter to a record 5.2 million tonnes (wet), bringing the full year total to a record-smashing 17.3Mt. The company had targeted revised full-year guidance of 17.4-18Mt, but congestion at the Kwinana Port meant three shipments were delayed.  Production...Read More

Adam HamiltonArchivesJul 30, 2021 The gold miners' stocks were whacked hard earlier this summer on a Fed-rate-hikes scare. That serious anomaly really damaged sentiment, spawning exceptionally-weak seasonal performance in this contrarian sector. But the bruised gold stocks and the metal they mine have trudged through, making it back to the start of their traditional strong season. That begins with...Read More

Key data from Fastmarkets' Friday July 30 pricing sessions in China, Europe and the United States.China Chinese ferro-silicon prices went up slightly following the news that a major producer in Inner Mongolia will issue a production cut due to the electricity controls in summer. In addition, Ningxia will also start a series of electricity controls to limit production, and...Read More

The award, made during NAIDOC Week, is the single largest contract under FMG's 10-year-old Billion Opportunities Aboriginal procurement program, and followed a competitive tender process. Warrikal CEO and co-founder, Koori businesswoman Amanda Healy, said the contract built on the company's relationship with FMG. Warrikal was founded in 2017 to provide engineering solutions across the mi...Read More

An overview of the aerospace materials markets and the latest price moves.Jessica Long, Ruby Liu and Carrie...Read More

Fastmarkets' copper concentrates index jumped this week with both smelters and traders locking higher numbers for spot cargoes.Fastmarkets' assessment of the copper concentrates treatment charge/ refining charge index cif Asia Pacific has risen to its highest level since late April 2020, at $53.2 per tonne on July 30.Smelters bought spot cargoes in the mid-to-high...Read More

Precious metals mining company Sibanye-Stillwater is going to buy the Sandouville nickel hydrometallurgical processing facility from French mining group Eramet SA in a move to build on its strategy to diversify into the battery metals supply chain, the company said.The current Sandouville facilities, located in Normandy, France, include a hydrometallurgical nickel refinery with a capacity of 12,00...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More

Steel scrap prices started to move downward in major international markets such as Turkey and the US East Coast export sector over the week ended Friday July 30, amid plentiful supply of scrap in some areas but tepid buying interest.Turkey import buy prices drop amid poor long steel salesRising scrap availability on US East Coast depresses export pricesVietnam remains out of import scrap market am...Read More

The light iron scrap market in the UK was unchanged on Friday July 30, but a change in direction was likely due to a recent drop on the export markets, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?180-195 ($251-272) per tonne on Friday, unchanged at a multi-year high.Market participants expecte...Read More

The prices of shredded steel scrap imports into Pakistan and India weakened on Friday July 30 following a drop in Turkish scrap prices, sources told Fastmarkets.Fastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan at $544.77 per tonne on Friday, down from $546.46 per tonne a week earlier.Deals were reported at $543-545 per tonne this week, down from deal...Read More