Here are five Fastmarkets stories you might have missed on Friday November 6 that are worth another look.Brazilian flat-rolled steel producer Usiminas regained in October the levels of production and sales volumes it had enjoyed in March, after taking a heavy hit from the Covid-19 pandemic in the intervening seven months and...Read More
Biden said he was honoured to be chosen to lead the country, while Trump tweeted on the weekend "I won this election, by a lot!"The spot gold price was up around US$1,950 an ounce on the spot market.Metals closed mixed on the London Metal Exchange on Friday, where copper rose amid continuing reports China would ban Australian copper concentrate imports.Ontario-focused junior Stone Gold (TSXV: STG)...Read More
Here are five Fastmarkets stories you might have missed on Friday November 6 that are worth another look.Brazilian flat-rolled steel producer Usiminas regained in October the levels of production and sales volumes it had enjoyed in March, after taking a heavy hit from the Covid-19 pandemic in the intervening seven months and...Read More
Share this articleCALGARY - There's opportunity for Canada to help supply the world's growing need for "energy transition metals" used in electric vehicle and power storage batteries but it faces stiff competition from other countries, especially China, observers say.Last month, the federal and Ontario governments announced they will each contribute $295 million to help Ford Canada produce electri...Read More
Here are five Fastmarkets stories you might have missed on Friday November 6 that are worth another look.Brazilian flat-rolled steel producer Usiminas regained in October the levels of production and sales volumes it had enjoyed in March, after taking a heavy hit from the Covid-19 pandemic in the intervening seven months and...Read More
I just posted the INK Edge Top 30 up and down movers for the week in INK Chat. A gold miner, oil producer, US-cannabis distributor and cryptocurrency brokerage have caught our attention. Canadian Insider Club and Ultra members are eligible for an INK Chat invitation.If you are a member and have not registered for INK Chat, start via this link: https://chat.inkresearch.com/register/YEjtfbGRreQFhA8...Read More
In our latest Canadian Insider Insights newsletter, we call the November 3rd US elections in favour of marijuana reform. So far, investors are cheering the results.We also explain why Canadian oil & gas stocks may provide a clue on the outlook for 2021. Will it be a global boom or gloom? Read this week's edition here.Read More
Some container shipping lines are refusing to give rates for December shipments of scrap metal into South Asia and are even cancelling some existing orders, sources told Fastmarkets on Friday November 6.Four steel scrap traders that speak to Fastmarkets said they have either been unable to get December shipment quotations from their freight forwarders or are aware of others facing a similar situat...Read More
Here are five Fastmarkets stories you might have missed on Friday November 6 that are worth another look.Brazilian flat-rolled steel producer Usiminas regained in October the levels of production and sales volumes it had enjoyed in March, after taking a heavy hit from the Covid-19 pandemic in the intervening seven months and...Read More
Here are five Fastmarkets stories you might have missed on Friday November 6 that are worth another look.Brazilian flat-rolled steel producer Usiminas regained in October the levels of production and sales volumes it had enjoyed in March, after taking a heavy hit from the Covid-19 pandemic in the intervening seven months and...Read More
RAPAPORT... Richemont's jewelry sales outperformed the rest of the group in the three months ending September 30 as Chinese demand grew and consumers spent money online.Sales at jewelry maisons - Cartier, Van Cleef & Arpels, and Buccellati - increased 4% year on year for the company's second fiscal quarter, Richemont reported Friday. That compared with a 5% drop for the group as a whole."...Read More
RAPAPORT... Phillips will feature two diamond pieces by Chinese jewelry designer Feng J at an auction later this month, estimating they will fetch up to $5.8 million combined.The Jardin de Giverny, a diamond and gem-set necklace featuring a 19-carat, fancy-light-pink diamond center stone, carries a high presale valuation of $3.8 million. Designed to look like a garland of flowers, the necklace, wh...Read More
(IDEX Online) - The Damtshaa mine, in Botswana, will reportedly close for three years as COVID-19 disruption and the consequent weak demand renders it unviable.The Debswana-operated deposit produces around 500,000-carats annually of lower-value diamonds - just 2.5 per cent of the country's total output.Joseph Tsimako, president of the Botswana Mine Workers Union told the Reuters news agency o...Read More
(IDEX Online) - A rare 6.70-carat VS1 natural fancy deep yellow diamond from the famous Zimmi mine, in Sierra Leone, could fetch as much as $705,000 at auction.Canary yellow diamonds from Zimmi can command double the price of other fancy yellows because of their uniquely high color saturation levels. Yellow Zimmi stones over five carats are extremely rare. This gem (pictured) will lead the Ti...Read More
(IDEX Online) - Chow Tai Fook says it is about to revolutionize diamond grading with its own AI-powered system that assigns numeric values to the 4Cs.The Chinese jewelry giant says customers will understand the new results more easily, and benefit from greater reliability of its automated system.The artificial intelligence engine has analyzed over 20 million pieces of multi-perspective diamond ima...Read More
With the third-quarter earnings in full swing, some of the top TSX-listed companies have reported their quarterly numbers. While Q3 numbers mostly reflect sequential improvement for most companies, a few performed better than the rest. Today I have shortlisted three companies that have impressed with their Q3 performance with strong fundamentals that could help these companies to deliver stel...Read More
The most precious metal you can find on earth is gold. When the market is declining or teetering on a crash, investors seek a safe asset class that outperforms. The yellow metal can mitigate losses in a volatile investment landscape and is an ideal complement to other assets if you want to diversify.Stock markets are still fraught with uncertainties in Q4 2020 because the pandemic won’t go a...Read More
Our Foolish writers enthusiastically came up with 16 top TSX stock ideas to buy in November 2020.A top income stockInvestors with an investment horizon of at least three years can consider Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) as a top income stock idea from the list. There are good reasons why two Foolish writers chose the bank as their top stocks to buy this month.Many Canadians have experienc...Read More
Some of the TSX stocks recently went far ahead amid the rally driven by U.S. elections. While Joe Biden’s win is undoubtedly positive for some portions of the market, others might revert to lower levels after the election rally subsides.Aurora CannabisJoe Biden entering the White House is indeed a positive move for the cannabis sector, at least for now, because of his agenda to legalize it....Read More
Here are five Fastmarkets stories you might have missed on Monday November 9 that are worth another look.The European Commission (EC) has ended an anti-subsidy investigation into hot-rolled stainless steel sheet and coil originating from China and Indonesia, the EC said on November 9.TradeCloud chief operating officer...Read More