Victory Resources Corporation is pleased to announce that it hasRead full newsRead More
Warren Buffett’s illustrious investment history is dotted with smart, well-timed decisions. He has had his fair share of failed investments, but that doesn’t negate the fact that most of his investment decisions have been profitable and timely. That includes both his new positions and exits since Buffett doesn’t wait till long to rectify his mistakes.Investors understand that mar...Read More
Lithium Americas (TSX:LAC)(NYSE:LAC) has been a red-hot electric vehicle theme stock in 2021, until a 19.3% plunge on Wednesday morning. The development stage lithium miner had more than doubled so far this year after a 113% year-to-date gain at close of trade on Tuesday. This was on top of a 284% gain in LAC’s stock price in 2020. A rapid and sustained increase in lithium futures prices and...Read More
One of the biggest lies you have been told about the economy after the last 10 months is the emergence of the K economy.It should need no introduction. It is the talk of the town. The age-old story of the haves and have-nots written for a new paradigm.And that's just the thing - it is age old. Any sense that this is something new is entirely based on our limited capacity to draw long parallels whi...Read More
Jan 20, 2021 Guest(s): Alex Kenjeev President, O'Leary Ventures The future is already here, and that lies in artificial intelligence, said Alex Kenjeev, president of O'Leary Ventures."Pick your sector, and you can start to see how artificial intelligence is going to transform it," Kenjeev said. "My favorite is healthcare. You just think about the potential...in the future, and not the distant fu...Read More
Here are five Fastmarkets stories you might have missed on Wednesday January 20 that are worth another look.Brazil-based miner Vale said its sales have not been affected by a fire that impacted one of its piers at the Ponta do Madeira port...Read More
The price of tin rose by more than 2% and copper rose to more than $8,000 per tonne on Wednesday January 20, with the London Metal Exchange base-metals complex bullish at the start of the Biden presidential administration in the United States."Risk sentiment was positively skewed on January 20 on the official inauguration of the newly elected President of the United States, Joe Biden," Fastmarkets...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday January 20.Please click...Read More
Bob Moriarty ArchivesJan 20, 2021What if they gave you a party and nobody came? That’s the situation that Brigadier Gold (BRG-V) seems to be caught in. Brigadier has been drilling their Picachos gold property in Mexico and coming out with excellent results. No one seems to care.Brigadier has an option on the 3954 haPicachos Gold-Silver propertyin Sinaloa. To earn 100% BRG is paying cash of $...Read More
Here are five Fastmarkets stories you might have missed on Wednesday January 20 that are worth another look.Brazil-based miner Vale said its sales have not been affected by a fire that impacted one of its piers at the Ponta do Madeira port...Read More
The S&P 500 closed up 1.39% to a record high of 3,851.85.Gold shot up about US$30 an ounce to more than $1,870/oz on the spot market.The iron ore price remains strong, around $170 per tonne, with the market impacted by factors including last week's fire at one of Vale's main ore shipping terminals in Brazil, Ponta da Madeira, which reportedly could limit shipping capacity by 32 million tonnes...Read More
Mining production was pulled down by a 35.3% drop in iron ore output, which contributed -3.9 percentage points, and a 16.1% fall in platinum group metals production, contributing -3.4 percentage points.There has been an upward trend in production since the 47.3% yoy plunge in April 2020 caused by the country's COVID-19 shutdown.Seasonally adjusted mining production increased by 6.3% for...Read More
European ferro-chrome prices rose strongly in the week to Tuesday January 19, with China and other destinations drawing in material than would normally be destined for Europe.Demand for feedstock from consumers and traders also rose, sources said.Fastmarkets' price assessment for ferro-chrome high carbon 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe gained 2-6 cents (or 4.4%) to $0....Read More
Lead premiums in the United States continue to firm on supply shortages and consistent demand, while big deals being done in Indian and European markets are also starting to pick up, sources said.US lead premium hits an over three-year highGravita seals deal in IndiaEuropean physical zinc market fires upUS lead premium most since 2016, zinc premium holdsIn the United States, the 99.97% lead ingot...Read More
Jan 19, 2021 Guest(s): Darren Blasutti CEO, Americas Silver Corp. Silver is expected to perform better than gold for the near to medium-term, and Americas Gold and Silver's production strategy will evolve around this thesis, said CEO Darren Blasutti."I think silver is going to outperform gold this year and for the next couple of years. I'm bullish on gold too by the way, but we've had a really n...Read More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it intends to complete a non-brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$8,000,000.The Company plans to issue up to 16 million units (the "Units") at a price of CA$0.50 per Unit. Each Unit consists of one common share (a "Common Share") an...Read More
Restricted supply of material has sent domestic ferro-chrome and imported charge chrome prices higher in China during the week to Tuesday January 19, according to market sources.Fastmarkets assessed ferro-chrome, spot, 6-8% C, basis 50% Cr, ddp China at 7,500-8,000 yuan ($1,157-1,234) per tonne on Tuesday, up by 800-1,000 yuan (13%) from 6,700-7,000 yuan per tonne a week earlier, and at their high...Read More
The price of standard-grade cobalt has hit a fresh high, reaching numbers not seen in nearly two years after non-Chinese consumers stepped into the market in the week to Wednesday January 20, with enough strength to help a two-week price rally continue after buying interest from China dipped.Trading volumes were now at "normal" levels, according to one trader, after two weeks of furious activity w...Read More
An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and...Read More
Falling Turkish deep-sea scrap import prices have continued with the latest Baltic Sea transaction heard on Wednesday January 20.A steel mill in the Marmara region booked the Baltic Sea cargo, comprising HMS 1&2 (80:20) at $440 per tonne, shredded at $445 per tonne and bonus at $450 per tonne cfr. The cargo composition was not clear.The previous deep-sea deal, which was from the United...Read More