Fox 13, Released on 11/8/21"All of our leaders have to demonstrate at their annual appraisals what they have done to improve female representation and the number of colleagues from ethnic-minority backgrounds."Continue... One of world's largest investment firms will need to ask permission to hire white men added by Herman James on 11/09/2021View all posts by Herman James ?+'Read More
NBC News (via MSN), Released on 11/10/21The data far outpaced economists' expectations of a 5.9 percent spike. Continue... Latest inflation reading hits highest level in 30 years! added by Herman James on 11/10/2021View all posts by Herman James ?+'Read More
Liberty and Finance, Released on 11/9/21Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Andy Schectman, gold, precious metalsAndy Schectman - It's Happening: Silver & Gold Disappearing added by Herman James on 11/09/2021View all posts by Herman James ?+'Read More
MAG Silver Corp. is now engaged in the pre-commissioning phases of its new 4,000 tpd mill at the Juanicipio JV Project in Fresnillo, Mexico that when finished is expected to provide the company with 9,000,000 ounces of pre-payable silver production each year. In an October 27 research report, Scotia Capital Inc. (Scotiabank Canada) Analyst Trevor Turnbull, MBA, MSc commented that Canadian mining...Read More
Emerita Resources Corp. issued an update regarding the status of two ongoing independent court cases in Spain and its prospects for winning the tender for the Aznalc?llar project. Research Capital Corp. commented in a research note that it believes the company has at least an 80% probability of being successful in the cases and is maintaining a "Speculative Buy" rating for the company. In a Nov. 8...Read More
MAG Silver Corp.'s Fresnillo joint venture project is on track heading towards annual production of 27 Moz Ag eq. Stifel Canada has issued a "Buy" rating for the company and recently added the company to its list of Top Picks for Q4/21. In a September 30 research report, Stifel Nicolaus Canada Inc. (Stiefel GMP) Analyst Stephen Soock, P.Eng., CFA commented that Stiefel GMP has added advanced-stage...Read More
This cost mitigation will derisk Juanicipio plant commissioning and ramp-up expected by year-end 2021, noted an H.C. Wainwright & Co. report. MAG Silver Corp. (MAG:TSX; MAG:NYSE American) and joint venture (JV) partner Fresnillo began precommissioning of their Juanicipio plant, which should "mitigate capital costs" before the next two milestones, reported H.C. Wainwright & Co. analyst Heiko Ihle i...Read More
All that needs to be done beforehand is connecting to the Mexico power grid then no-load and water testing, noted a Cormark report. MAG Silver Corp. (MAG:TSX; MAG:NYSE American) remains on track to commission the newly constructed plant at Juanicipio, its joint venture project with Fresnillo, by the end of 2021, Cormark analyst Richard Gray reported in an Oct. 28 research note.He added that "the t...Read More
The People's Bank of China (PBOC) will offer cheaper funding to financial institutions which provide green loans, according to a statement released by the Chinese central bank on Monday November 8.The central bank will lend money to financial institutions to help them support firms which are working toward China's energy transition goals, the statement read.Financial institutions can borrow from P...Read More
Carbon offsets and trading are an effective and quick way to contend with a future global ecosystem of green taxes, or the "green taxonomy," a sustainability consultancy said"Companies need to realize that states are very actively preparing tax and duties plans to favor green products, and this will result in new barriers to entry,"carbon specialist and Keops Consulting founder Milena L??pez told...Read More
The governments of the United Kingdom, India, Germany and Canada have announced a pledge to purchase low carbon-emission steel under the Industrial Deep Decarbonization Initiative (IDDI), it was announced on Tuesday November 9.The group of countries announced its intention to buy low-carbon steel and concrete at the UN Climate Change Conference, COP26, in Glasgow, with specific interim targets by...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 10 that are worth another look.Focusing on the United Nation's 17 Sustainable Development Goals could be a "better framework" to capture the overlap between the environmental, societal and governmental aspects that mining companies have to consider in their moves toward sustainability, the chief...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Alex Cook...Read More
Trading activity was still limited in the European hot-rolled coil sector on Wednesday November 10, with buyers pausing their purchasing activity to assess the market, sources told Fastmarkets.Producers, meanwhile, have been insisting on increasing their prices for first-quarter-rolling coil in 2022, claiming that the rises were necessary due to higher costs for energy, transportation and carbon.S...Read More
Prices for low-carbon ferro-chrome continued to rise strongly in the week to Wednesday November 10, with the market still undersupplied and prices reaching a new record high since collapsing in November 2008.Fastmarkets' price assessment for ferro-chrome 0.10% C, average 65-70% Cr, delivered Europe, was $3.80-4.09 per lb Cr on November 9, up by 34-37 cents from $3.43-3.75 per lb Cr two weeks earli...Read More
S&P 500 paused to a degree, but bonds didn‘t – we‘refar from a peak. That though doesn‘t mean a brief correction (having a properlook at the chart, sideways consolidation not reaching more than a preciouscouple of percentage points down) won‘t arrive still this month. It‘s aquestion of time, and I think it would be driven by tech weakness as the sectorhas re...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 10 that are worth another look.Focusing on the United Nation's 17 Sustainable Development Goals could be a "better framework" to capture the overlap between the environmental, societal and governmental aspects that mining companies have to consider in their moves toward sustainability, the chief...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 9 that are worth another look.Carbon offsets and trading are an effective and quick way to contend with a future global ecosystem of green taxes, or the "green taxonomy," a sustainability consultancy said.Growing consumer appetite for sustainable products...Read More
Cobalt hydroxide suppliers have made aggressive offers in negotiations for annual long-term contracts, sources told Fastmarkets on the sidelines of the Antaike Nickel & Cobalt conference in Ningbo, China, on November 1-3.Since the annual mating season in 2019, most cobalt hydroxide sellers and buyers have adopted a pricing mechanism for their long-term contracts for the crucial and preferred cobal...Read More
Iron ore prices went down on Wednesday November 10, in line with falling finished steel prices, with demand for iron ore weak in the physical market, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $88.90 per tonne, down $3.40 per tonne62% Fe low-alumina fines, cfr Qingdao: $89.63 per tonne, down $3.83 per tonne58% Fe fines high-grade premium, cfr Qingdao: $61.23 p...Read More