Brazil Alumina achieved record year-to-date production of 702,000 tonnes and aluminium output was maintained, despite load-shedding at Hillside and Mozal Aluminium.Read More
Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) has filed for an additional technology patent as it continues the development of the fuel tank inertia capsule system (FTICS). The company is aiming for installations to commence in 2020 to help save lives in the event of fires from vehicle collisions.The FTICS is a patented 3-part system that deploys in the event of...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has launched the UV350 dedicated in-vehicle IoT device in Sweden, and received its first purchase order to supply heavy trucks, forestry, logistic companies, and more, coming in 2020.Marc Seelenfreund, CEO of Siyata Mobile, commented, "We are very pleased to ent...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") has started a reconstruction project to optimize and consolidate processing assets to improve costs. The Company has also completed the purchase of the Diaz Rail Loading Facility, located in Diaz Arkansas (the "Diaz Rail Facility"), for the remaining payment of US$968,747. Under the lease-to-purchase agreement, the...Read More
Copper production at the Deziwa copper-cobalt project in the Democratic Republic of the Congo (DRC) has officially come online in January 2020, following successful trial operations in December 2019, sources told Fastmarkets this week. And the project is expected to start production of cobalt in late first quarter, they added. Deziwa is operated by Soci?(C)t?(C) Minere de Deziwa (Somdez), a j...Read More
"Hanlon has a strong local brand with an excellent safety record and longstanding relationships with major mining clients," he said.Read More
UK suppliers of steel scrap to domestic consumers have added a further round of price increases for the latest monthly settlements to be delivered in January, sources told Fastmarkets on Thursday January 16.January contracts were up by ?10 ($13) per tonne, the latest step in a climb of ?35 per tonne over three months, after increasing by a similar amount last month and by ?15 per tonne in Novem...Read More
By: Ira EpsteinGold 18-dma is the $1,540's, $20 from the current price = support. Bias is up, trend is down..Read More
Trump's impeachment progress is the key reason for gold and silver to rise. Impeachment news is the reason for gold price to rise from $1460 to $1520. Thereafter investment interest and speculative longs pushed gold past $1600. Gold prices not falling below $1530 despite some bearish news should be taken as short term positive by bulls. News on US-China trade deal (everything collected from Re...Read More
Turkish deep-sea scrap import prices have tumbled with news of a fresh sale heard after negative signs emerged in the United States' export markets, sources said on Thursday January 16.A steel mill in the Izmir region booked a US cargo of 35,000 tonnes of HMS 1&2 (95:5) at $295 per tonne cfr, which would put the HMS 1&2 (80:20) price at $288 per tonne.The previous US cargo sold into Turkey was boo...Read More
China Nonferrous Mining Corp's (CNMC) Lualaba copper smelter has commenced operations in the Democratic Republic of Congo (DRC) with an estimated output of 100,000 tonnes of copper this year, Fastmarkets has learned. The smelter started production at the start of 2020, a source close to the matter told Fastmarkets. The 120,000 tonne-per-year capacity smelter is the only major copper smelter in the...Read More
Copper production at the Deziwa copper-cobalt project in the Democratic Republic of the Congo (DRC) has officially come online in January 2020, following successful trial operations in December 2019, sources told Fastmarkets this week. And the project is expected to start production of cobalt in late first quarter, they added. Deziwa is operated by Soci?(C)t?(C) Minere de Deziwa (Somdez), a j...Read More
Key data from the Wednesday January 15 pricing session in Shanghai.Key driversThe cobalt sulfate price in China continued to edge higher despite slow trades, with some producers holding back from sales of cargoes to be delivered after the Chinese New Year holiday (January 24-30).Other...Read More
Domestic prices for hot-dipped galvanized coil (HDG) in Europe increased over the past seven days, driven up by rising hot-rolled coil feedstock costs, sources told Fastmarkets this week.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was fairly stable at ?,?443.10 ($493.66) per tonne on Wednesday January 16, up by ?,?3.10 per tonne week on week.And Fastmarkets'...Read More
Share this articleTORONTO - Barrick Gold Corp. says its gold production for 2019 is expected to come in near the top end of its guidance, while copper production is forecast to be more than its earlier expectations.The gold miner says preliminary results indicate it produced 5.5 million ounces of gold last year compared with its guidance for between 5.1 million and 5.6 million ounces.Preliminar...Read More
Domestic prices in Europe are almost unchanged day on day, but the mood in the market has remained positive, sources told Fastmarkets on Thursday January 16.European steelmakers have moved offers up and are reluctant to give discounts, according to market sources. A lack of competitive import offers and some seasonal demand recovery are supporting the positive market sentiment.Fastmarkets' daily s...Read More
Today is Thursday, January 16, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,552.30. It's down -0.26% from yesterday and u...Read More
Today is Thursday, January 16, 2020, and this is your daily oil stocks roundup. Today we're looking at the valuations of Enterprise Products Partners LP (NYSE: EPD), Climarex Energy (NYSE: XEC), and Enable Midstream Partners LP (NYSE: ENBL).Enterprise Products Partners LP (NYSE: EPD)Enterprise Products Partners LP (NYSE: EPD) is a $63.53 billion company today with a one-year return of 5.66%. Let's...Read More
Forty-two consecutive quarters of economic growth...This is what we've been enjoying since Q3 2009 when the Great Recession finally petered out.Government economists have been tracking this stuff since the 1850s, and this has officially been the longest run of uninterrupted growth we've ever seen.Over the past 10 years, GDP has grown by more than 25%, employment has grown double digits, and jobles...Read More
Market participants in China say they are not worried by the expected increase in steel imports from the United States, even after the two major economic powers signed the phase one economic and trade agreement on Wednesday January 15. While the agreement does not set out the increase in quantity of US-origin steel exports China will accept, Chinese market participants do not expected the increase...Read More