High inventory levels weighted on China's domestic rebar market on Tuesday February 25 while concerns over overseas demand also led to a drop in export prices.Eastern China (Shanghai): 3,450-3,480 yuan ($491-495) per tonne, down 10 yuan per tonne Northern China (Beijing): 3,380-3,420 yuan per tonne, widened downward by 10 yuan per tonne A pile-up of finished steel due to weak demand and transporta...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesThe company acquired 70% of the Red Chris mine in British Columbia last year and is working on applying its Edge transformation approach to improve the performance of the high-cost, loss-making asset.Read More
China's hot-rolled coil prices fell in the northern region on Wednesday February 25 despite relative stability in the east, though trading activity across the country fell amid complaints over a lack of cash.DomesticEastern China (Shanghai): 3,560-3,570 yuan ($506-508) per tonne, narrowing upward by 10 yuan per tonneNorthern China (Tangshan): 3,330-3,350 yuan per tonne, down 10-20 yuan per tonnePr...Read More
Q1...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subscri...Read More
LME aluminium struggling to attract dip-buying...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More
Aluminium Follow-through selling pushed the LME aluminium three-month...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecas...Read More
Diverging trends between LME and SHFE ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More
Price drift continues Lead prices...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
Nickel suffered the biggest sell-off last week Nickel...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the...Read More
Pause in the rebound...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s...Read More
ILZSG data showed an 189,000-tonne deficit...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issu...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Consolidation across a broad section of markets is underway this morning, Tuesday February 25, while Monday’s sell-offs pause as markets adjust to lower prices, but little has changed for the better.Given the novel coronavirus (2019-nCoV) is starting to spread across more countries and indeed major manufacturing countries at that, including Japan, South Korea and Italy, and the full impact of...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Bank of Montreal (BMO $99.47) is expected to open higher after releasing higher than consensus fiscal first quarter earnings.Bank of Nova Scotia (BNS $73.15) is expected to open higher after releasing higher than consensus fiscal first quarter earnings. Home Depot (HD $239.70) is expecte...Read More
(Updates with closing prices) By Eric Onstad LONDON, Feb 25 (Reuters) - Copper prices edged into the redon Tuesday as investors struggled to calculate whether anycoronavirus-related loss of metals demand would outweigh weakeroutput. Worries about the virus spreading outside of China hadpushed London Metal Exchange (LME) copper to a two-week low onMonday while zinc slid to its weakest since June 20...Read More
PRIVATE BLOG - Gold & Rally for Week of 24thPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
This episode features excerpts from Cameco's Feb. 7, 2020, conference call. Cameco president and CEO Tim Gitzel discusses the fundamentals of the uranium market, spot market purchases, vision and strategy, ESG, the company's tax dispute with the CRA, and supply risk in the uranium market.All this and more with online editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Weste...Read More
For the first time in a decade, there are no Canadian jurisdictions in the Fraser Institute's top 10 investment destinations, based on the 2019 annual survey of mining and exploration companies.Saskatchewan continues to be the most attractive Canadian investment jurisdiction, coming in at number 11, followed by Ontario, Quebec and B.C., ranked 16, 18 and 19, respectively. The institute's top-rank...Read More
Infill drilling at Corvus Gold's (TSX: KOR) Mother Lode deposit has intercepted high-grade mineralization over a broad area.Highlights include 88.4 metres of 1.92 grams gold per tonne and 56.4 metres of 1.92 grams gold: both of these holes targeted areas with limited drill data, intersecting better grades and geometries than suggested by the current resource model. The drill holes also expanded t...Read More