Popular News

Steel slump will send iron ore to $50/tonne - Liberum

October 04, 2019 / www.mining-journal.com

Liberum's bearishness is underpinned by its view that Chinese demand - though hardly robust at present - is set to slide over the coming year.Read More

Bye set to join Swick board

October 04, 2019 / www.mining-journal.com

Bye's appointment as an independent non-executive director will be confirmed at Swick's upcoming annual general meeting on November 8.Bye has more than 20 years of operational and executive experience focusing on innovation and integration of the mining value chain, including 10 years with Anglo American in underground and openpit operational roles. He has a PhD in mining engineering and is a fell...Read More

Gold-Stock Correction Underway

October 05, 2019 / www.321gold.com

Adam HamiltonArchivesOct 04, 2019 The gold miners' stocks are correcting. They've been sliding and drifting lower on balance since their powerful recent upleg peaked a month ago. Corrections are normal and healthy in ongoing bull markets, rebalancing sentiment to pave the way for the next upleg. They also offer the best buy-low opportunities seen inside secular uptrends. Deploying capital in gold...Read More

Steadily falling nickel stocks bullish sign for price direction - sources

October 05, 2019 / www.metalbulletin.com

Low refined nickel stocks and a looming ban on exports of nickel ore from Indonesia are two factors creating a bullish nickel market, according to participants at the seventh Asian Nickel Conference held in Jakarta in mid-September. Low refined nickel stocks at exchange-listed warehouses and the unlikelihood that huge amounts of nickel ore will be stockpiled at Chinese ports ahead of a ban on expo...Read More

BATTERY RAW MATERIALS MARKET REPORT 04/10: Cobalt hydroxide price jump on increased demand, tighter outlook

October 05, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their latest price moves.Read More

Pit wall collapse knocks out Avesoro Liberia mine

October 03, 2019 / www.mining-journal.com

The collapse took place on October 1. Although no fatalities or equipment damage were reported, mining activities have been suspended and an assessment of the impact is underway. Mining is continuing at the company's Marvoe and Kinjor-South pits at New Liberty.The company's gold production and cost guidance was already under review and this event is likely to impact that process, although it does...Read More

COT Gold, Silver and US Dollar Index Report - October 4, 2019

October 04, 2019 / news.goldseek.com

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 322,80053,80758,499163,050466,738544,349579,044 Change from Prior Reporting Period -47,593-4,142-2,990-535-41,992-51,118-49,124 Traders 20571845552288183 Small Speculators LongShortOpen Interest 60,53625,841604,885 -2,941-4,935-54,059 non...Read More

Profiting & Protecting from The Greatest Market Threats, Cartel Interventions, and Fake Economic News Part #2

October 04, 2019 / news.goldseek.com

- DeepcasterAn essential first step in Profiting and Protecting is obtaining Accurate information about the Economy, Markets, Interventions, Macro forecasts and indeed News in general.We summarize here, but encourage investors and traders to further study the followingGold & Silver Interventionals All citizens should be or become aware of what educated Investors and Traders have long known: th...Read More

Precious Metals Update Video: Gold will react to job's data

October 04, 2019 / news.goldseek.com

By: Ira EpsteinGold only $19 away from the highest close, impressive. But the daily chart is not so impressive short-term. Gold will see resistance around $1,537 and support around $1,480 (dec contract).Read More

MINOR METALS MARKET REPORT 04/10: Antimony continues uptrend on higher numbers achieved

October 05, 2019 / www.metalbulletin.com

An overview of the minor metals markets and their latest price moves.Read More

WEEKLY SCRAP WRAP: Prices continue downtrend on weak global sentiment

October 05, 2019 / www.metalbulletin.com

Ferrous scrap prices continued on a downtrend in the week ended Friday October 4 on pervasive weak sentiment throughout key markets. The global demand for downstream finished steel remained poor, and steel mills continued to buy scrap cargoes at lower prices. Turkey prices drop toward end of week US sellers offload two cargoes to Turkey Asian buyers get cargoes via bargain-hunting India import pri...Read More

DAILY SCRAP REPORT: Prices fall back in latest November bookings

October 05, 2019 / www.metalbulletin.com

The recovery seen earlier this week in Turkish deep-sea scrap import prices was short-lived and they went down to their previous levels in the latest transactions heard on Friday October 4.A Turkish steel mill in the Marmara region booked a UK cargo, comprising 18,000 tonnes of HMS 1&2 (80:20) at $223.50 per tonne cfr.Another steel mill in the Izmir region booked a US cargo at $228.50 per tonne cf...Read More

EUROPE ALLOY STEEL SCRAP: Prices stable due to absence of buying interest

October 05, 2019 / www.metalbulletin.com

Prices in the UK and mainland Europe alloy steel scrap markets were unchanged this week because of an almost complete lack of buying interest, sources told Fastmarkets on Friday October 4. Demand from European stainless steel mills is extremely low, traders said, because of weak demand globally for stainless steel that has led mills to reduce their production rates. With mills producing less stain...Read More

INTERVIEW: 'We've become more ambitious as we look at new products' - LME's Chamberlain

October 05, 2019 / www.metalbulletin.com

It has been a hectic couple of years for LME chief executive officer Matthew Chamberlain, his teams and members while the exchange works through the comprehensive list of plans and actions in its Strategic Pathway.Regardless of the actual volume of activity under way in an organization, there is a tendency for most chiefs to convey a sense of constant, restless dynamism focused on an endless desir...Read More

MORNING VIEW: Base metals mixed ahead of US employment report and next week's trade talks

October 05, 2019 / www.metalbulletin.com

Weak data out of the United States, on top of generally weak data globally, is keeping most markets rangebound and the focus today will be on the US employment report. A weak number could give equities a boost as it would suggest easier monetary policy, but weak data does not bode well for manufacturing. In addition, the metals are likely to now start to focus on next week's US-China trade talks -...Read More

Ontario Supporting Emergency Services for Northern Communities

October 04, 2019 / news.ontario.ca

THUNDER BAY - Ontario's government is supporting the delivery of important charter aviation transportation services in Northern Ontario.Today, Greg Rickford, Minister of Energy, Northern Development and Mines, announced Wisk Air is receiving $1 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to purchase a Bell 412 helicopter. The investment will go towards improving helicopt...Read More

BATTERY RAW MATERIALS MARKET REPORT 04/10: Cobalt hydroxide price jump on increased demand, tighter outlook

October 05, 2019 / www.metalbulletin.com

An overview of the battery raw materials markets and their latest price moves.Read More

Ontario Supporting Economic Development in North Bay

October 04, 2019 / news.ontario.ca

Ontario's government is working for the people of North Bay by helping local businesses retain jobs and create new employment opportunities.Today, Vic Fedeli, MPP for Nipissing, announced the City of North Bay will receive $42,000 to develop a business retention and expansion program. "Our government is committed to supporting communities like North Bay in identifying opportunities for economic gr...Read More

The Five LNG Terminals in America

October 04, 2019 / www.energyandcapital.com

In 2017, the United States became a net exporter of natural gas for the first time since the late 1950s. And last year, American natural gas exports totaled 3.61 trillion cubic feet (Tcf) - the highest on record.70% of those exports left the country through pipelines. That's down from 98% in 2012.And the reason for that is the same reason for record natural gas production and exports: liquefied na...Read More

FOCUS: Uncommitted stocks, trader positioning see cobalt spot trade swell in 2019

October 05, 2019 / www.metalbulletin.com

The tonnages of cobalt available on the spot market grew substantially through the first three quarters of 2019, after an aggressive mating season at the end of 2018 left volumes uncommitted to annual contracts.Nearly 5,500 tonnes of fixed-price, spot cobalt metal business was reported to Fastmarkets' benchmark cobalt price discovery in the first nine months of 2019, up by 91.8% year-on-year.The i...Read More

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