"Week In Review: Fosun Pharma Acquires Brain Cancer Immunotherapy In $148 Million Deal. Get more info on Seeking Alpha: https://t.co/CAAhU9Isnt #finance #markets #investing"Read full newsRead More
"Oriole Resources leads the way in executive equity pay - what others on AIM can learn from this Last week saw the exploration firm announce that its board would move temporarily away from salary payment structure to boost cashhttps://t.co/hXxZsaJhHD#ORR @OrioleResources"Read full newsRead More
"REPORT: Greatland Gold- Developing the Paterson's next major gold project alongside leading resource player Newcrest Mining Here, we lay out the significant, value-enhancing effect that Havieron could have on Greatland.https://t.co/OS9Bg5HUCK#GGP @GreatlandGold"Read full newsRead More
"The surge in the gold price is likely a result of the US Congress passing two bills aimed at supporting human rights issues in Hong Kong. https://t.co/lxAuLO8WE5 #preciousmetals #gold #goldprice #investing"Read full newsRead More
While drug cartels have come to dominate much of Mexico, Mexico City has gained a reputation as an up-and-coming business and tourist hotspot.But crime is on the rise.Last year, 2018, was Mexico City's most violent year to date. And 2019 opened with a record 257 murders in just the first two months.However, one tiny company few people have heard of is now working to address this problem head on. I...Read More
Nov 25, 2019 Guest(s): Randy Smallwood Smallwood spoke to Kitco News earlier this month at the Metal Investor Forum in Vancouver. Despite gold's recent pullback, Smallwood notes that gold has been well supported by central bank buying."We haven't seen a retail push into precious metals yet. We've seen a bit, but not a lot. And when that happens, we will see a really big movement in the precious...Read More
Nov 25, 2019 Guest(s): Phillip Streible Senior Market Strategist, RJO Futures While the Federal Reserve seems to hold a neutral view of the economy in the medium-term, prominent investors like Ray Dalio, as well as central banks, are stockpiling safe haven and hedge assets to prepare for what they believe is a coming economic downturn, this according to Phil Streible, senior market strategist of...Read More
The three-month copper price on the London Metal Exchange was marginally higher at the close of trading on Monday November 25, but prices failed to breach nearby resistance on moderately low turnover, while lead futures made the biggest losses over the day.Copper's outright price closed at $5,868 per tonne in the afternoon, despite reaching an intraday high of $5,917 per tonne, while turnover was...Read More
Zinc stocks at Shanghai Futures Exchange-approved warehouses recorded the largest drop in percentage terms in the week ended Friday November 22.Deliverable SHFE zinc stocks declined by 7,411 tonnes - or 13% - week on week to 49,710 tonnes on Friday, with warehouses operated by Ningbo Nine Dragons wharf in Zhejiang registering...Read More
Jack ChanPosted Nov 25, 2019Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Gold sector as represented by $HUI is on a short-term buy signal.Short-term signals can last for weeks and are more suitable for traders.Speculation remains high despite the recent pullback.Speculation is at a reasonable level to resu...Read More
The three-month aluminium price on the London Metal Exchange consolidated during morning trading on Monday November 25, while a fresh inflow of 50,950 tonnes did little to move the metal's stagnant price.Aluminium's outright price was recently seen at $1,738 per tonne, a dollar shy of Friday's closing price of $1,739 per tonne, while just over 1,500 lots were exchanged as of 9:05am London time.&nb...Read More
Here are five Fastmarkets MB stories you might have missed on Monday November 25 that are worth another look.Brazilian rebar suppliers ArcelorMittal and Gerdau have announced a price hike of up to 12% for January orders, Fastmarkets understands.Seaborne manganese ore prices for both grades rose by more than 1% in the week ended Friday November 22 after sentiment improved in response to r...Read More
The three key US market indices closed at further record highs yesterday - the fourth closing record for the Dow, S&P 500 and Nasdaq in the past seven sessions, Reuters noted.Mergers and acquisitions were making news, from Kirkland Lake's bid for Detour Gold, Newmont Goldcorp selling Red Lake to ASX-listed Evolution Mining and in the luxury space, jewellery company Tiffany & Co agree...Read More
The Saskatoon, Saskatchewan-based company said it had notified employees the operation would shutter on December 2. CEO Chuck Magro had some terse words for the Canadian Class I railway.Read More
Chinese markets for chrome ore and alloy were stable week on week on Friday November 22 in the run up to announcements for December ferro-chrome tender prices. Ore and alloy prices flat in China ahead of new tender price announcement Alloy prices weaken in Japan, South Korea European price range narrows, with market participants reporting continued poor demand US spot market sta...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") has entered into a negotiated arrangement, whereby it has terminated its option to purchase a 223-acre tract of land in Independence county, Arkansas. As part of the termination arrangement, the parties also agreed to release Select Sands America Corp. from its obligations under a promissory note originally securin...Read More
Kunming Rongke New Materials has won the entirety of the bismuth stock held by the collapsed Fanya Metal Exchange in an auction that ended on Saturday November 23, according to the official auction results posted on the Alibaba judicial online platform.Kunming Rongke won the 19,228.05 tonnes of bismuth with a bid of 606.07 million yuan ($86.09 million). The winning bid, which was also the starting...Read More
Key data from the pricing sessions in London and Shanghai in the week ended Friday November 22. Europe Key drivers Prices for both grades of silicon continued to gain support with producers still reluctant to make any concessions on their offer prices in a bid to extend the rally until the end of the year. Even though during the market was less active last week than in the previous two...Read More
Turkish steel producers made no deep-sea scrap purchases on the first working day of the week, but are still expected to buy more cargoes for December delivery, sources told Fastmarkets on Monday November 25.Mills booked four deep-sea cargoes last week at steady prices. The latest bookings were from the Baltic Sea region and sold at $260 per tonne and $261 per tonne cfr for HMS 1&2 (80:20)."I thin...Read More
Another wave of optimism regarding United States-China trade talks has boosted broader markets and weakened havens, but the base metals have not taken much notice.Asian equities stronger led by a 1.3% rise in the Hang Seng.Base metalsThree-month base metals prices on the London Metal Exchange were mixed this morning, Monday November 25. Nickel was the main mover with a 0.7% fall to $14,540 per ton...Read More