Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF), a leading creator and publisher of counter-culture mobile games, announces a special collaboration with viral Tiktok sensation Nathan Apodaca, aka "Doggface208", for an in-game event in Cheech & Chong Budfarm. Nathan, a lifelong fan of Cheech and Chong, is best known for his TikTok video skateboarding to Fleetwood Mac. He will appear as a guest car...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional intersections of strong radioactivity from the on-going drilling program at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Hi...Read More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces the purchase of a net smelter production royalty.PURCHASE OF NET SMELTER PRODUCTION ROYALTYOn October 13, 2020, the Company entered into an agreement (the "NSR Purchase Agreement") to acquire a 2% net smelter production royalty (NSR) against certain claims that are held by the Company, an...Read More
A socially-distanced mating season means that contract negotiations in the minor metals, ores and alloys sector will look very different this year. Here, Fastmarkets' team considers the backdrop to the 2021 contract discussions.Seeking flexibility...Concern over the second wave of Covid-19 infections sweeping across Europe was an example of the uncertainty that negotiating parties will try conside...Read More
Chinese alumina market buying interest in seaborne cargoes grew significantly this week following a steady appreciation of the yuan since Monday, with many hoping to lock in relatively cheaper material compared with the domestic market. A higher volume of inquiries and deals over the course of the week took the benchmark alumina index on an uptrend since Tuesday. Fastmarkets' alumina index, f...Read More
The company said quarterly gold revenue increased 57% to US$487 million and the cash flow generation allowed the company to become debt-free after fully repaying its revolving credit facility (RCF)Read More
Speaking on a webinar on Wednesday afternoon, WoodMac's global head of metals Simon Morris said while huge stimulus packages had buoyed the market following the COVID-19 pandemic, the pattern wasRead More
Here are five Fastmarkets stories you might have missed on Thursday October 15 that are worth another look.Demand in India for steel and ferrous scrap will remain subdued for the rest of this year, while Pakistan and Bangladesh both show stronger demand, Zain Nathani has said during the online Bureau of International...Read More
(Recasts, updates prices)By Eric OnstadLONDON, Oct 15 (Reuters) - Copper prices rebounded onThursday as strong demand in top consumer China overcameconcerns that rising COVID-19 cases around the world will dampenglobal growth.Global stocks and oil prices pared losses after earliersliding due to worries about governments across Europetightening restrictions to battle accelerating virus infections....Read More
DADA Holdings LLC, the principal owner of New Day Aluminum, and Canada-based green technologies firm Enervoxa have formed a joint venture (JV) to extract rare earth elements and minerals from bauxite residue at New Day's Gramercy alumina refinery in Louisiana, the United States. The venture, called ElementUS, will use Enervoxa technology to separate bauxite residue into its component materials, in...Read More
Here are five Fastmarkets stories you might have missed on Thursday October 15 that are worth another look.Demand in India for steel and ferrous scrap will remain subdued for the rest of this year, while Pakistan and Bangladesh both show stronger demand, Zain Nathani has said during the online Bureau of International...Read More
Spot prices for Japanese heavy scrap dipped over the past week on reduced purchasing from South Korea, but market participants expect prices to strengthen again toward the end of the year.Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan was ?26,500 ($251) per tonne on Wednesday October 14, down ?500-1,500 per tonne from ?27,000-28,000 per tonne a week earl...Read More
Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism. Governments in Europe are trying to avoid widespread lockdowns, but Covid-19 is spreading alarmingly. United States 10-year treasury yields slip as traders turn more risk-off. Base me...Read More
Share this articleTORONTO - TMAC Resources Inc. says the federal cabinet has ordered a national security review of the proposed sale of the Canadian gold miner to a Chinese company.Shandong Gold Mining Co. Ltd. announced a deal in May to buy TMAC, owner of the Hope Bay mining project in Nunavut, for $230 million.The friendly deal has received Chinese regulatory approvals and TMAC shareholders vote...Read More
Share this articleTORONTO - Barrick Gold Corp. says it produced 1.16 million ounces of gold and 103 million pounds of copper in the third quarter based on preliminary results.The production came as the company says preliminary third-quarter sales totalled 1.25 million ounces of gold and 116 million pounds of copper.The average market price for gold in the third quarter was US$1,909 per ounce, whil...Read More
Lithium supply will become tighter in 2022, supporting a significant change in the direction of prices against the backdrop of a surge in demand from the electric vehicles (EV) sector, Jonathan Evans, chief executive officer and president of miner Lithium Americas, has told Fastmarkets."We expect a turn in [lithium] prices by mid-2021, and into 2022 and beyond things will take off when supply gets...Read More
Making money in biotech is pretty easy.It mostly boils down to following clinical trial data and monitoring buy and sell volumes that align with the release of those data.In other words, if a biotech company is getting ready to release data or announce the launch of a new trial and you see that stock start to pick up steam before that happens, you know something good is about to happen.Of course,...Read More
A socially-distanced mating season means that contract negotiations in the minor metals, ores and alloys sector will look very different this year. Here, Fastmarkets' team considers the backdrop to the 2021 contract discussions.Seeking flexibility...Concern over the second wave of Covid-19 infections sweeping across Europe was an example of the uncertainty that negotiating parties will try conside...Read More
Spot cobalt hydroxide payables edged higher during the first half of the week after buyers resumed their restocking drive following the week-long China National Day holiday (October 1-8), sources said.Fastmarkets' cobalt hydroxide indicator, min 30% Co, cif China widened to 77.5-80% against the price for cobalt, standard grade, (low-end) on October 14, up from 77.5-78.5% on October 9. Payables had...Read More
Hot-rolled coil prices in the United States are at their highest point in nearly 18 months amid a supply squeeze that shows no short-term signs of letting up, market participants said.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $32.72 per hundredweight ($654.40 per short ton) on Thursday October 15, up by 0.7% from $32.48 per cwt on Wednesday and by 3.6% from $31....Read More