The Brisbane-based company, which also listed in Toronto, raised the minimum A$5 million sought in its $7.5 million IPO, lead managed by Shaw and Partners.Read More
Larry LaBordePosted Dec 9, 2019When considering the space requirements of $1,000,000, the first question is in what form?I will try to illustrate the volume and weight of $1 million dollars in three forms: $100 bills, gold eagle coins and silver eagle coins.I have had some customers surprised by the volume of metals they have ordered when it arrives.Some have been overwhelmed (usually with silver)...Read More
Key data from the pricing sessions in Asia and Europe in the week to Friday December 6.ChinaKey drivers The export price for Chinese silicon 5-5-3 was unchanged from the previous week in a quiet market. This is because the price range of $1,480-$1,530 per tonne had no export advantage compared with silicon prices in Europe.The quantity of silicon available for export is restricted by China's domes...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), a developer and provider of cellular communications solutions for enterprise workers and first responders, today announced that it will be presenting at the 12th annual LD Micro Main Event on Wednesday, December 11 at 9:40 AM PST / 12:40 PM EST and meeting with institutions and high net worth invest...Read More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), a North American leader in plant-based food packaging & products, today announced that Paul Antoniadis, Executive Chair & CEO, will participate in the 14th Annual Best of the Uncovereds Conference on Thursday, December 12, 2019. The conference is being held at the Hilton Hotel, San Francisco Financial Dis...Read More
The company initially reported five workers trapped by fallen rock 1,350m below the surface on Friday afternoon.Read More
NEWS &VIEWSForecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold businessDecember 2019"Gold is set to join the all-time-highs club." - Mike McGlone, Bloomberg IntelligenceWhat we said then. What we say now.Michael J. Kosares, USA Gold- REVIEW & OUTLOOK -January 2019 headline article -Will 2019 be the year of the big breakout for gold?WHAT WE S...Read More
By: Ira EpsteinGold's monthly momentum turning down. At the moment stepped out of the uptrend, but a bullish crossover..Read More
Look at US economy in totality and not just the job creation. Job creation has to be supported by other factors like consumer spending, confidence among other factors. Christmas and early January is a global cyclical period of high consumption and hence higher jobs. US job market and global jobs market on or from February of next year will be the key. December-January trend in global jobs market...Read More
Turkish steel producers continued their deep-sea scrap purchases at the beginning of the week at strengthening prices, sources said on Monday December 9.A steel producer in the Izmir region booked a Baltic Sea cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $289.25 per tonne and 5,000 tonnes of bonus at $299.25 per tonne cfr.This compares with the previous Baltic Sea...Read More
Turkish domestic scrap prices have gone up once again this week on the back of rising imported scrap values, sources told Fastmarkets on Monday December 9.Steel producers and a major scrapyard all increased their buying prices for auto bundle scrap by 45-120 Turkish lira ($8-21) per tonne over the past week because of costlier imports.Fastmarkets' daily index for steel scrap, HMS 1&2 (80...Read More
Turkish steel producers stayed out of the deep-sea scrap market on Friday December 6 after booking several cargoes earlier in the week to push prices up by more than $10 per tonne since Monday, sources told Fastmarkets.No new cargoes have been booked or come to light during the last two days of the working week. On Monday, it emerged that a steel mill in the Marmara region had booked a U...Read More
A strong United States employment report at the end of last week gave most markets something to be cheerful about and that has flowed through into Asian trading on Monday December 9.Trading is likely to remain nervous this week while the manufacturing sector prepares for the holiday season and businesses focus on whether US President Donald Trump follows through with his threat to put 15% tariffs...Read More
China's hot-rolled coil prices regained some strength on Monday December 9 amid some supply tightness and an overall pick-up in trading activity in the ferrous market after the Dalian Commodity Exchange launched its iron ore options.DomesticEastern China (Shanghai): 3,810-3,820 yuan ($541-543) per tonne, up 50 yuan per tonneNorthern China (Tangshan): 3,670 yuan per tonne, up 40 yuan per tonneTradi...Read More
Suppliers raised their offers for hot-rolled coil into Vietnam over the past week but ran into thin demand from buyers.Fastmarkets' assessment for steel HRC import, cfr Vietnam, which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam, was $465-470 per tonne cfr Vietnam for the week ending Monday December 9, up $3-8 per tonne from $457-467 per tonn...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Hot off a 1.4% move the week prior, the INK CIN climbed as high as 1172.88 intraday last week, but ultimately ran out of steam and settled at 1169.49 for a loss of 2.74 points.MACD slipped 1.3 to -1.6. RSI cooled off to 71. Of note, RSI appears to be sitting comfortably at an elevated +65...Read More
Here are five Fastmarkets MB stories you might have missed on Monday December 9 that are worth another look.Brazilian steel demand is set to grow in 2020 and support higher domestic prices, Companhia Sider??rgica Nacional (CSN) said in a presentation filed with securities commission CVM.Rising secondary aluminium prices in Asia helped drive European secondary aluminium ingot prices up last week fr...Read More
Brazilian steel demand is set to grow in 2020 and support higher domestic prices, Companhia Sider??rgica Nacional (CSN) said in a presentation filed with securities commission CVM.The company expected flat-rolled steel apparent consumption to total 12.92 million tonnes next year, rising by 4.7% in comparison with an estimated 12.34 million tonnes for 2019.Most of that growth would come from a 10%...Read More
Import prices for rebar in Singapore climbed over the past week because of slight pick-up in buying interest, reflecting continued increases in the costs of steelmaking raw materials.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) import, cfr Singapore, which mainly looks at cargoes sold into Singapore on a theoretical-weight basis, was at $435-440 per tonne in the week to M...Read More
Turkish steel producers continued their deep-sea scrap purchases at the beginning of the week at strengthening prices, sources said on Monday December 9.A steel producer in the Izmir region booked a Baltic Sea cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $289.25 per tonne and 5,000 tonnes of bonus at $299.25 per tonne cfr.This compares with the previous Baltic Sea...Read More