Popular News

Sprott backs another palladium junior

January 30, 2020 / www.mining-journal.com

The company changed name from 21C Metals mid-month to reflect its focus on its flagship East Bull project in Ontario, which has an inferred 523,000 ounce palladium-equivalent resource.Read More

A2Z Technologies Closes $500K Financing

January 31, 2020 / kincommunications.com

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) is pleased to announce that it has closed a non-brokered private placement (the "Placement") for gross proceeds of CDN$500,001.60.The Placement consisted of 833,336 units (the "Units") of the Company at a price of $0.60 per Unit. Each Unit consists of one common share and one common share purchase warrant, with eac...Read More

CAP files EIA for filtered tails plant to end sea dumping

January 30, 2020 / www.mining-journal.com

The project proposal is the culmination of a process that has seen the company repeatedly sanctioned by environmental authorities related to the pellet plant and requiring the progressive reduction and eventual elimination of the deposition of tails in the sea, as it has done for the past 40 years, according to the company's 2018 annual report.In January 2018, the SMA environmental superintendent...Read More

Virus, fundamentals fears dunk zinc price to 3 1/2 year low

January 31, 2020 / www.metalbulletin.com

Zinc's weak fundamentals are finally catching up with prices, after being softened by a selloff sparked by concerns about the coronavirus outbreak in China.London Metal Exchange 3-month zinc futures fell on Thursday January 30 to their lowest level since July 2016, trading at $2,182 per tonne, down by 10.5% since the market opened on January 22. Cash zinc prices on the bourse were down by 11.4% ov...Read More

Gold: Controlling Emotions (video update)

January 30, 2020 / news.goldseek.com

By: Gary SavageGold traders can be too emotional and unless they can find a way to change that, they will not find success in the investment business.$GDX's big picture, resistance around 32 area. Bullion banks are heavily short and lost control of gold..https://blog.smartmoneytrackerpremium.com/Read More

Precious Metals Update Video: Gold action looks good

January 30, 2020 / news.goldseek.com

By: Ira EpsteinGold has had the highest close in months! This is not bad action. Daily chart shows back filling. 18-DMA holding up market.. Read More

Asian Metals Market Update: Jan-30-2020

January 30, 2020 / news.goldseek.com

Just trade in the technical till Monday. Trump and his impeachment could be closed by Friday. This can result in some mild correction in gold. It remains to be seen how the prices in all metals and energies will move once China reopens. Various US jobs numbers will be released next week. Focus will be on global economy next week. Fundamentals will dictate price of all metals and energies next we...Read More

Manganese flake rallies on virus fears; Europe traders seize momentum

January 31, 2020 / www.metalbulletin.com

A mixture of fears over supply disruptions amid the Wuhan coronavirus outbreak and low stocks in Rotterdam are giving European traders enough leverage to increase their offers substantially, which has already an effect on prices.Fastmarkets' manganese 99.7% electrolytic manganese flake, in-whs Rotterdam price assessment rose to $1,725-1,800 per tonne on January 29, up by 3.7% from $1,680- 1,720 pe...Read More

DAILY SCRAP REPORT: Market silent again, sentiment still negative

January 31, 2020 / www.metalbulletin.com

The Turkish deep-sea scrap import market has gone quiet since the recent slip in prices, sources told Fastmarkets on Thursday January 30.The daily scrap indices went down by almost $10 per tonne on Wednesday, when a US cargo was heard sold at $275 per tonne cfr for HMS 1&2 (90:10).But the mills have mostly been quiet in the wake of this cargo deal, because they were still focused on rebar and bill...Read More

Uranium market 'unthawed', says Gitzel

January 30, 2020 / www.mining-journal.com

"The reality is the sector remains unthawed. We haven't seen a whole lot of activity on the market. I think the utilities are waiting to see what happens next. "We're out of the Section 232 piece ...Read More

Low demand dents Japanese domestic, export ferrous scrap markets

January 31, 2020 / www.metalbulletin.com

Japanese scrap prices continued to tumble this week, pushed down by disappointing demand in both the domestic and export markets, sources told Fastmarkets on Thursday January 30. "Steel mill production and demand in Japan is not so good, so scrap prices are decreasing, but scrap generation is also poor," one scrapyard source said "So even though the local mills' buying prices are falling, I don't...Read More

APEX Q4 2019: SP Angel team tops base metals prediction leaderboard

January 31, 2020 / www.metalbulletin.com

John Meyer, Sergey Raevskiy and Simon Beardsmore of SP Angel clinched the top spot on the base metals leaderboard for the Apex fourth-quarter 2019 predictions, with an accuracy rating of 99.29%, while Rhona O'Connell of INTL FC Stone came top for precious metals with a rating of 99.26%.For steel raw materials, ABN Amro's Casper Burgering topped the leaderboard with a 97.44% accuracy score.Click on...Read More

EUROPE HRC: Mood upbeat on lack of competitive imports, good order books at mills

January 31, 2020 / www.metalbulletin.com

Domestic prices for hot-rolled coil have been fairly stable in the north of Europe, but the mood is positive, supported by good order books at the steel mills and a lack of competitive import offers, sources told Fastmarkets on Thursday January 30.Fastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?467.57 ($514.66) per tonne on Thursday January 30, up by ?,?0...Read More

Daily Gold Market Update 01/30/2020

January 30, 2020 / www.energyandcapital.com

Today is Thursday, January 30, 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 $1,586.35. It's up 0.59% from yesterday and up 2...Read More

Energy Stocks Roundup 01/30/2020: CKH, DO, APA

January 30, 2020 / www.energyandcapital.com

Today is Thursday, January 30, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of SEACOR (NYSE: CKH), Diamond Offshore Drilling (NYSE: DO), and Apache Corporation (NYSE: APA).SEACOR (NYSE: CKH)SEACOR (NYSE: CKH) is a $766.41 million company today with a one-year return of -6.49%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-value-to-free...Read More

FOCUS: Virus jitters will affect China's steel exports, sources say

January 31, 2020 / www.metalbulletin.com

The Wuhan coronavirus will likely influence fundamentals in China's steel market and Chinese export trends in the near future, sources told Fastmarkets this week.Industry sources have sketched out a number of scenarios that may happen, especially if the situation becomes drawn out and restrictions on travel and transportation persist into the foreseeable future."If logistical restrictions continue...Read More

Cellular Agriculture: Investing in the Future of Food Production

January 30, 2020 / www.energyandcapital.com

If I were a religious man, I'd think this was a sign from God.Swarms of locusts have descended upon East Africa, destroying crops and adding further pressure to a region already faced with massive food insecurity.According to Oxfam, a large desert locust plague can contain up to 150 million individuals per square kilometer, with half a million locusts weighing approximately one tonne. One tonne of...Read More

HOTTER ON METALS: Coronavirus adds to global growth challenges

January 31, 2020 / www.metalbulletin.com

Trade disputes and geopolitical uncertainties had already made the prospects for global economic growth uncertain. A coronavirus has now added to the challenges facing financial markets.The epicenter of the virus is Wuhan, an important commercial hub in China that is home to 11.9 million people, including the country's largest student population. It is also a manufacturing hub, with around 500 fac...Read More

Trump's Resource War Over China's Miracle Metal

January 29, 2020 / www.energyandcapital.com

Three years ago, a small, little-talked-about report was released by the Department of the Interior.It was written by a bureau of the department known as the U.S. Geological Survey.The goal of the report was simple: identify information on events, trends, and issues for each mineral commodity. After all, the non-fuel minerals they researched were vital to the U.S. economy.The value added to our GD...Read More

IN CASE YOU MISSED IT: 5 key stories from January 30

January 31, 2020 / www.metalbulletin.com

Here are five Fastmarkets MB stories you might have missed on Thursday January 30 that are worth another look.The Wuhan coronavirus will likely influence fundamentals in China's steel market and Chinese export trends in the near future, sources told Fastmarkets this week.Zinc's weak fundamentals are finally catching up with prices, after being softened by a selloff sparked by concerns about the co...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok