Key data from Fastmarkets' pricing session in Europe on Wednesday November 3.Key drivers?EUR?European ferro-titanium suppliers held their offer prices steady for the third consecutive week on November 3. There was low-key trading activity, and spot prices appeared to be steady ahead of the expected settlement of steelmakers' tenders for alloy and the annual Fastmarkets' international ferro-alloys...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam, $/lb at 28.00-28.60...Read More
The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt hydroxide.....Read More
The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it...Read More
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up across the board on Wednesday November 3, suggesting dips are once again finding support. The European Union's manufacturing purchasing managers' index (PMI) out on Tuesday at 58.3, while slightly weaker than September's 58.5, still showed strong expansion, which will be helping to counter the slowdown in China.U...Read More
Kenorland Minerals (TSXV: KLD) has closed a $5.2 million (US$4.2 million) strategic investment from Sumitomo Metal Mining Canada.Under the financing, Sumitomo purchased approximately 5.21 million common shares of Kenorland at $1.00 each, giving Sumitomo about 10.1% of the company's share capital.A majority of the financing proceeds (80%) will be allocated to Kenorland's exploration activities, w...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has begun talks with Australian billionaire Andrew Forrest's Wyloo Metals concerning the imminent takeover of Canada's Noront Resources (TSX-V: NOT), as part of a truce in the companies battle to acquire the nickel producer.The world's biggest miner last month sweetened its all-cash offer for Noront to 75 ? per share, overtaking Wyloo's 70 ? which granted it the...Read More
Anglo American (LSE: AAL; US-OTC: NGLOY) has named head of strategy Duncan Wanblad as its next chief executive officer, succeeding Mark Cutifani who will step down after nine years at the post.The appointment of 54-year old Wanblad hints of a continuation in the line of management at the more than 100-year-old miner. The new boss has spent his whole career at Anglo American and has been key in man...Read More
Spot copper premiums rose in Europe during the past week, while trading interest was minimal in Shanghai and the United States, with the red metal's backwardation remaining a concern.London Metal Exchange copper's cash to three-month spread was in a $275-per-tonne backwardation on Wednesday, easing from $438 per tonne on Tuesday LME on-warrant copper stocks remain below 40,000 tonnes, while C...Read More
Demand for low-carbon aluminium is likely to remain strong into 2022 despite tight market conditions, leading executives from Norwegian aluminium and renewable energy company Norsk Hydro said.Norsk Hydro chief executive officer Hilde Merete Aasheim and chief financial officer P??l Kildemo spoke to Fastmarkets after releasing their third-quarter results last week."Demand [for low-carbon material] i...Read More
Claudio Chisani, investment advisor with BlueShore Wealth and portfolio manager with Credential Securities, joins BNN Bloomberg to discuss how investors can hedge against inflation and why he sees opportunity in ProShares Inflation Expectations ETF, Pan American Silver and Coinbase.Read full newsRead More
Glen Eagle Resources, October 26, 2021 (TSX VENTURE: GER) ("Glen Eagle" the "Company", or "GER") is pleased to announce that it is completing the 2000 meters drilling program previously reported in a News Release dated May 7, 2020. The program was initially prepaid and has been reactivated with 1000 meters left for completion.Read full newsRead More
Mako Gold Limited (Read full newsRead More
TSX Venture Exchange Trading Symbol: KLD Kenorland Minerals Ltd.Read full newsRead More
There are a number of things investors should have on their checklist before buying a cryptocurrency, either as an investment or a short-term speculation, said James Bernard, regional representative, Europe, of the DMCC.The Dubai Multi Commodities Centre (DMCC) is the authority overseeing the DMCC Free Zone, which supports global commodity trading with the UAE as a hub. Speaking to David Lin, anch...Read More
It's 1890 in Baltimore, Maryland, and Charles Kennard looks around at his failing fertilizer business at 220 South Charles Street.He needs to make a product that capitalizes on people's fears, emotions, and desires... one that's not tied to the cyclical nature of farming.So he gathers four investors for the purpose of building a company that would exclusively manufacture and market one such produc...Read More
Banks and financial institutions are quickly adopting decentralized finance, or DeFi, to the point where most trading desks around the world are likely to use the technology to varying degrees, said Michael So, VP of business development of Cook Finance. DeFi is still in its early adoption phase, So added. "Last time when I read a Chainalysis report I've seen that half of the volume traded on dec...Read More
Gold pricessurged in trading as the Bank of England joined the central bank of the UnitedStates, expressing that they were not in favor of raising interest rates at anytime in the near future. During Chairman Jerome Powell's press conferenceyesterday, he made it clear that they're not even thinking about, thinkingabout raising rates anytime soon. In terms of traders' reaction to the chairman'sstat...Read More
Mr. Roger Moss reportsLABRADOR GOLD INTERSECTS 76.24 G/T GOLD OVER 0.5 METRES, DEFINES NEW FOOTWALL ZONE AT KINGSWAY PROJECT Labrador Gold Corp. has released further high-grade intercepts of near-surface gold mineralization along the Appleton fault zone at its 100-per-cent-controlled Kingsway project near Gander, Nfld. These holes were drilled as part of the company's continuing 50,000-metre drill...Read More