Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr b...Read More

Spot copper concentrate treatment and refining charges (TC/RCs) increased at the end of November, with the market busy discussing annual contracts and deals.The Fastmarkets copper concentrates TC/RC index basis cif Asia Pacific ports was $53.5 per tonne/5.35 cents per lb on November 29, up from $52.2/5.22 cents on November 22.Although some miners and smelters are yet to conclude annual contra...Read More

Bob Moriarty ArchivesDec 02, 2019As the world’s largest producer of nickel, the actions of the Indonesian government not only affect those companies working in Indonesia but also half way around the world. In 2014 the country restricted the export of nickel concentrate in an effort to force producers to construct smelting plants in the country.As a result production dropped from 400,000 tons...Read More

Jack ChanPosted Dec 2, 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 resum...Read More

Base metals' three-month prices on the London Metal Exchange were buoyed by a weaker US dollar index, despite negative macro sentiment brought on by weaker-than-expected US data at the close on Monday December 2.The US dollar index traded down 0.46% at 97.42 this afternoon, exacerbating already negative macro sentiment from poor data in the region.The United States purchasing managers index (PMI)...Read More

The latest sale, which was reported last week as involving a call spread option that La Mancha said allowed it to "remain exposed to the significant upside potential we see in (Evolution)", adds to the nearly $600 million worth of shares it sold last year.Prior to the sales La Mancha spent a combined circa $170 million on two fundraisings undertaken by Evolution.La Mancha originally received 322 m...Read More

AMS has three other contracts in Burkina Faso - at Sanbrado, Siou and Yaramoko - and it will continue to operate those contracts. The company had 19 of its workers killed and another 26 wounded when a convoy they were travelling in from Boungou came under attack. AMS has demobilised its workforce from Boungou via helicopter. According to Perenti it is doing "everything possible to e...Read More

Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr b...Read More

Spot copper concentrate treatment and refining charges (TC/RCs) increased at the end of November, with the market busy discussing annual contracts and deals.The Fastmarkets copper concentrates TC/RC index basis cif Asia Pacific ports was $53.5 per tonne/5.35 cents per lb on November 29, up from $52.2/5.22 cents on November 22.Although some miners and smelters are yet to conclude annual contra...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce the Company will be the main supplier of a closed government tender to deliver up to 15,000 Push-to-Talk Over Cellular ("PoC") devices for various government agencies. Dependent on the total units and mix between rugged handsets and in-vehicle devices, the tender is valued betwe...Read More

"We need to have a much more honest dialogue with the shareholder base," said Dundee Corporation executive chairman Jonathan Goodman, speaking in London.Read More

Here are five Fastmarkets MB stories you might have missed on Monday December 2 that are worth another look.United States President Donald Trump has imposed new tariffs on steel and aluminium imports from Brazil and Argentina, he said on social media platform Twitter on December 2.A major Japanese steel mill plans to raise its hot-rolled coil offers to Asian buyers by $50 per tonne on a cfr b...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 325,28653,65293,522191,548497,015610,356644,189 Change from Prior Reporting Period -12,0102,215-16,214-15,078-28,706-43,302-42,705 Traders 18560794955265170 Small Speculators LongShortOpen Interest 58,91225,079669,268 -6,641-7,238-49,943 non reportable po...Read More

By: Gary Savage After 2013, we started see these huge pre-market dumps in gold. Banks playing the markets with massive contract dumps on the markets, in five minutes or less, usually in the pre-market where that contract volume size will start to..Read More

Keith Weiner, Monetary MetalsThe basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics is expected to know. Dimensional analysis looks at the units on both sides of an equation.Money supply...Read More

The next two weeks are big global economic data days and central banks meetings (including FOMC). Eastern European central banks have started increasing gold reserves. Those central banks whose gold have been stored in vaults in UK have started to repatriate their gold or have given their intention to take back their gold. But bank of England is not giving gold to South American nations. This wi...Read More

From Monday February 3, 2020, Fastmarkets will publish its price assessments for standard and alloy-grade cobalt, in-whs Rotterdam, on a daily basis.Here, Fastmarkets summarizes the feedback received as part of an extensive market consultation and details how that feedback informed the conclusion to increase the publication frequency of its benchmark price assessments.Purely in number, responses s...Read More

Turkish steel producers continued to book deep-sea scrap for January shipment at steady prices, but at a slower pace, sources told Fastmarkets on Monday December 2.A steel mill in the Marmara region booked a US cargo late on Friday November 29, comprising 10,000 tonnes of HMS 1&2 (80:20) at $272 per tonne and 30,000 tonnes of shredded at $277 per tonne cfr.This was the first US deal since November...Read More

Domestic ship scrap prices in Turkey increased over the past week in line with rising imported scrap values, sources said on Monday December 2.One steel mill in the Izmir region raised its buy price for ship scrap by $10 per tonne to $275 per tonne delivered, while three fellow mills were buying the same material at $270 per tonne.Read More

The demand outlook for the metals has improved now that two of China's manufacturing purchasing managers' indices (PMI) showed manufacturing was in expansion mode. The state PMI moved back above 50 for the first time in seven months in November and the Caixin manufacturing PMI has now shown month-on-month gains for four consecutive months.Asian equities are showing gains this morning, led by a 1.0...Read More