Illegal mining in Indigenous land Tenharim do Igarap?(C) Preto, Amazonas. (Image by Vin?-cius Mendon??a/Ibama, Wikimedia Commons). Actor Leonardo DiCaprio has published a social media post slamming the Brazilian government for its lack of protection of Indigenous territories against artisanal mining.In his post, DiCaprio points out that despite Brazilian laws that make mining on Yanomami Indigeno...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The price of alumina in China edged higher this week, breaking a run of 14 consecutive weekly declines, on reports of substantial production cuts in the country.Fastmarkets' weekly price assessment of alumina metallurgical grade, ddp China stood at 2,330-2,460 yuan ($333-352) per tonne on Friday December 27, up by 30-40 yuan per tonne or 1.5% from 2,300-2,420 yuan per tonne a week earlier, when th...Read More
Nickel and tin dipped in the morning trading session on the London Metal Exchange on Friday December 27 but the rest of the base metals were firm after the Christmas break"While the LME was away yesterday it's fair to say little happened in its absence. Prices have started the day as a mixed bag," Kingdom Futures CEO Malcolm Freeman said in a morning note. The LME three-month nickel price fell fur...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
Fastmarkets published some of its bulk alloy price assessments later than scheduled on Friday December 27 but they are now appearing as normal.Price assessments for the following markets were rolled over due to Christmas and New Year holidays in the UK on Friday December 27 but were published slightly later than scheduled due to a reporter error:Ferro-silicon lumpy basis 75% Si (scale pro rata), d...Read More
Adam HamiltonArchivesDec 27, 2019 The US stock markets soared in 2019, blasting to dozens of new all-time-record highs. Euphoric traders attributed these massive gains to strong corporate fundamentals and US-China trade-war progress. But the real driver of stocks' astounding ascent was the Federal Reserve's epic extreme easing. A panicking Fed pulled out all the stops to goose and levitate stocks,...Read More
A weekly brief on the Fastmarkets copper concentrate index. Fastmarkets copper concentrates TC/RC index, cif Asia Pacific rose to $54.8 per...Read More
The price of alumina in China edged higher this week, breaking a run of 14 consecutive weekly declines, on reports of substantial production cuts in the country.Fastmarkets' weekly price assessment of alumina metallurgical grade, ddp China stood at 2,330-2,460 yuan ($333-352) per tonne on Friday December 27, up by 30-40 yuan per tonne or 1.5% from 2,300-2,420 yuan per tonne a week earlier, when th...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
The US stock markets soared in 2019, blasting to dozens of new all-time-record highs. Euphoric traders attributed these massive gains to strong corporate fundamentals and US-China trade-war progress. But the real driver of stocks' astounding ascent was the Federal Reserve's epic extreme easing. A panicking Fed pulled out all the stops to goose and levitate stocks, leaving fake artificial...Read More
By: Avi Gilburt Originally published on Sat Dec 21 for members of ElliottWaveTrader.net: When the metals are in a bear market, metals enthusiasts are frustrated. And, even when the metals are in a bull market, metals enthusiast become frustrated. This is what I have been seeing of late, as the metals are consolidating for their next bullish run.But, if you trade metals, you know that t...Read More
Gary TanashianThey say that Festivus is the "anti-Christmas", but in this case we are going to call it the anti-Christmas Eve as the markets close out 2018's Christmas Eve massacre."Many Christmases ago I went to buy a doll for my son. I reached for the last one they had, but so did another man. As I rained blows upon him I realized there had to be another way!"This year markets are going anot...Read More
Traders will start taking positions for January. January will be the real test for gold and silver bulls. Signing of trade deal, Brexit, various US jobs numbers and Chinese demand and Chinese economic growth around the Chinese New Year. Bonds can also be a surprise winner if gold and silver sell off in January. I am bullish on global stock markets if the trade deal is signed in January. Trade de...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
The price of ferrous scrap imported into India increased this week due to the upswing in global ferrous scrap markets, sources told Fastmarkets.Fastmarkets' steel scrap, shredded, index, import, cfr Nhava Sheva was $307.54 per tonne on on Friday December 27, up from $296.05 per tonne a week earlier.Deals were heard for shredded scrap at $305-310 per tonne and offers at $315 per tonne. Negotiations...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
As I mentioned on Monday, 2019 was not a great year for oil and gas stocks.Commodity prices were driven lower by a supply glut partially stemming from the rapid resurgence in development of the American oil and gas industry.The price of crude oil averaged about 9% lower than last year, while natural gas prices fell by an average 18%.And if forecasts are correct, 2020 doesn't appear it will be a sp...Read More
MAS Gold Corp. (TXSV-MAS), https://www.masgoldcorp.com/ is a Canadian mineral exploration company, focused on exploration projects in Saskatchewan, along the La Ronge Greenstone Belt. We learned from Ron Netolitzky, President and CEO of MAS Gold that their goal is to develop over a 1,000, 000 ounces resource from their combined properties in the Belt. At the moment, the most advanced one is their...Read More
Turkish prices for hot-dipped galvanized coil (HDG) and color-coated coil or pre-painted galvanized iron (PPGI) decreased in the week to Friday December 27, a reflection of typically modest demand around the end of the year, sources told Fastmarkets.Domestic pricesDemand in Turkey's local market was moderate because buyers had placed their orders earlier in December. Most producers have filled the...Read More