Despite the stellar run-up in Canadian equities, not every TSX-listed stock is looking expensive. A few stocks are trading at a good discount and offer great value at the current levels. Let’s focus on three TSX stocks that are undervalued and have room for strong growth in the future. Capital PowerCapital Power (TSX:CPX) stock looks attractive at the current price levels. Shares of the...Read More

Who benefits?It's a question that's worth asking most of the time. When it comes to financial news in particular, you don't really need to look too far into the past to see where the question should have popped up. Take the recent episode with GameStop's stock, for instance. On one side, you had retail investors engaging in collective action that resulted in the stock's price rising. On the other...Read More

First Quantum Minerals (TSX:FM) is an international mining company which has grown through a combination of exploring, developing, operating, and acquiring mining projects or companies with interests in mining activities. The company engages in mining exploration operations and produces copper in copper cathode, nickel, gold, zinc and silver.Diverse operationsThe company’s operations are loc...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 2 that are worth another look.The London Metal Exchange has received a significant rise in objections to its closing prices since trading on the LME Ring was halted in March 2020, new data released by the exchange...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 2.Please click on the thumbnail...Read More

Aluminium and tin showed the biggest increases at the close of trading on the London Metal Exchange on Tuesday March 2, with price support coming from a lower US Dollar Index.The dollar index went down, prompted by the advancement of a proposed $1.9 trillion Covid-19 relief package through the US Congress.Following the passing of the stimulus bill through the House of Representatives late last wee...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 2, 2021 Please click here now. The disappointing price action in gold (against the dollar) is mainly related to the perceived rise in real interest rates. Please click here now. It’s unfortunate that the US government and the Fed use indexes of inflation that the average citize...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 2 that are worth another look.The London Metal Exchange has received a significant rise in objections to its closing prices since trading on the LME Ring was halted in March 2020, new data released by the exchange...Read More

The company's net income was US$739 million, up from a $1.56 billion loss a year earlier.Adjusted EDITDA rose 20% to $4.2 billion, after $4.8 billion in expenses of which $3.9 billion was related to the R37.7 billion (US$7 billion) Brumadinho settlement reached in January.Vale's ferrous minerals division achieved its second largest adjusted EBITDA of $8.8 billion, thanks to a 17% rise in realised...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 2.Please click on the thumbnail...Read More

An overview of the chrome ore and alloy markets on Tuesday March 2 and their latest price moves.China UG2 chrome ore prices increased with buyers willing to accept higher prices after China's leading stainless steel producers - Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - raised their high-carbon ferro-chrome tender prices for March delivery by 700 yuan ($108) per tonne. The domest...Read More

Chile produced 457,100 tonnes of copper in January, down by 0.7% from 460,100 tonnes in the same month in 2020, the Chilean copper commission, Cochilco, said on Tuesday March 2.A decline in output at the BHP-majority-owned Escondida copper mine - the world's largest - is likely to be the main reason for the small decline, with production there falling 11.6% to 84,700 tonnes in the first month of 2...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 2 that are worth another look.The London Metal Exchange has received a significant rise in objections to its closing prices since trading on the LME Ring was halted in March 2020, new data released by the exchange...Read More

Prices for steel scrap in the principal Mexican markets decreased sharply in the week ended Friday February 26, amid increases in inventories and a wider gap between prices in the various regions.Fastmarkets' weekly steel scrap assessments for Mexico fell sharply in nine grades, with a number of steel producers reducing prices in all regions, and also reflecting price cuts announced recently but t...Read More

ArcelorMittal has raised its European long steel product prices by a minimum of ?,?30-40 ($35-48) per tonne, market sources told Fastmarkets on Tuesday March 2.The price increases relate to mesh-quality wire rod, beams and rebar and came into effect on Friday February 26...Read More

Turkish steel mills stayed out of the deep-sea scrap markets again on Tuesday March 2, focusing instead on raising steel prices following the latest surge in scrap values, market sources told Fastmarkets.The latest transaction was recorded late on Friday February 26, when a steel mill in the Marmara region paid $456 per tonne cfr for Baltic Sea-origin HMS 1&2 (80:20).The transaction raised the dai...Read More

Base metals prices on the London Metal Exchange were mixed this morning, Tuesday March 2, while on the Shanghai Futures Exchange they were mainly weaker.Manufacturing, as indicated by recent purchasing managers index data, has provided mixed signals - growth is slowing in China, but still recovering well in Europe and the United StatesBase metals LME three-month base metals prices were mixed this...Read More

Junior miner Lithium Americas will start production of lithium at its Cauchari-Olaroz site in north-west Argentina in mid-2022, it announced on Tuesday March 2.The junior miner is moving ahead with the Argentinian lithium project in partnership with China's Gangfeng Lithium."Based on the latest construction schedule, which assumes a reduced workforce at site in accordance with Covid-19 protocols,...Read More

In 1978, a guy named James Burke wrote a book called Connections, which was then turned into a 10-part documentary for the BBC.In it, he showed how historic discoveries, scientific achievement, and world events were stacked one on the next in an interconnected way that led to some modern technological achievements like landing on the moon and the atomic bomb.One episode was called "The Long Chain....Read More

The export market for steel hot-rolled coil from the Commonwealth of Independent States (CIS) improved during the week to Monday March 1 on new sales to Turkey and bullishness among suppliers.Fastmarkets' weekly price assessment for steel HRC, export, fob Black Sea, CIS, was $725-735 per tonne on Monday, up from $705-725 per tonne a week earlier.One Russia-origin cargo was sold to Turkey at $760 p...Read More