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Turn Your Fun, Into Funds

October 21, 2019 / dailyreckoning.com

During the 9 to 5, 40 hour a week working life, there's not a lot of time for your passions. Between work and family obligations, you're lucky to fit in a few hours to relax and flex your creativity on the weekends.Once you retire, though, you've suddenly got an ocean of time to fill. You can totally indulge in your hobbies, and if you like, you can even use them to make some extra side cash.If yo...Read More

TURKEY FERROUS SCRAP: Upturn in import values raises domestic prices

October 22, 2019 / www.metalbulletin.com

Turkish domestic scrap prices increased up over the past week in response to rising imported scrap values, sources said on Monday October 21.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,380-1,505 ($239-261) per tonne on Monday, up from the TRY1,300-1,430 per tonne of last week.The upturn in the assessment came following rising b...Read More

Steelmaking Raw Materials Trade Log, October 21, 2019

October 22, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Latest transactions: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara Blend fines, traded at $83.68 per tonne cfr China,...Read More

IRON ORE DAILY: Seaborne prices dip to $85 amid weak sentiment

October 22, 2019 / www.metalbulletin.com

Seaborne iron ore prices continued to retreat on Monday October 21 to just above $85 per tonne cfr China amid pessimism about prices and margins.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $85.40 per tonne, down by $0.96 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $85.05 per tonne, down by $0.35 per tonne.62% Fe low-alumina fines, cfr Qingdao: $84.24 per tonne, down by $0.69 per...Read More

COKING COAL DAILY: Market muted, Mechel signs coal supply deal

October 22, 2019 / www.metalbulletin.com

Trading activity in the seaborne coking coal market was muted on Monday October 21, following last week's prices increases.Fastmarkets indicesPremium hard coking coal, fob DBCT: $151.77 per tonne, up $1.04 per tonnePremium hard coking coal, cfr Jingtang: $164.76 per tonne, unchangedHard coking coal, fob DBCT: $129.92 per tonne, up $4.42 per tonneHard coking coal, cfr Jingtang: $142.29 per tonne, u...Read More

Seaborne iron ore concentrate discounts still narrowing, pellet market slow

October 22, 2019 / www.metalbulletin.com

Seaborne iron ore concentrate prices fell last week, with narrower discounts, while pellet prices continued to edge upward despite pressure from rising port stock levels in China.ConcentrateThe weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao, stood at $95.32 per tonne last Friday October 18, down by $4.56 per tonne week on week.The daily Fastmarkets index for iron ore 65% Fe...Read More

CHINA HRC: Bearish outlook remains despite steady buying

October 22, 2019 / www.metalbulletin.com

China's domestic hot-rolled coil prices were mixed on Monday October 21, with those in the eastern region gaining some stability while the market in the north weakened further.DomesticEastern China (Shanghai): 3,500-3,510 yuan ($494-496) per tonne, narrowing upward by 10 yuan per tonneNorthern China (Tangshan): 3,480 yuan per tonne, down 10 yuan per tonneMills in northern China lowered their offer...Read More

CHINA REBAR: Steady demand supports domestic prices

October 22, 2019 / www.metalbulletin.com

China's domestic rebar prices were unchanged on Monday October 21 despite falling futures, with steady demand providing some stability to the market. Eastern China (Shanghai): 3,580-3,610 yuan ($506-510) per tonne, unchangedNorthern China (Beijing): 3,550-3,590 yuan per tonne, unchangedOctober's mild weather makes it a seasonally strong month for the rebar market when it comes to demand. The retur...Read More

LIVE FUTURES REPORT 21/10: SHFE base metals prices mixed; Cu up 1.2% despite fresh inflows

October 22, 2019 / www.metalbulletin.com

Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Monday October 21, with a rebound in the dollar exerting some downward pressure on the complex.The US currency has recovered following a decline in the British pound after the UK parliament forced Prime Minister Boris Johnson to seek a delay to an October 31 deadline for Britain's departure from th...Read More

Green light shining on Guinea's iron ore patch

October 21, 2019 / www.mining-journal.com

Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftOn balance, and despite a totally understandable rejection of Guinea as an attractive in...Read More

GLOBAL SILICON SNAPSHOT: Chinese price stable; higher offers in Europe insufficient to push prices up

October 22, 2019 / www.metalbulletin.com

Key data from the pricing sessions in Asia and Europe in the week to Friday October 18. ChinaKey drivers The Chinese export price for silicon was unchanged at $1,370-1,420 per tonne over past week, with sporadic deals heard within that price range.The strength in the domestic market has continued in China, with increases of around 100-200 yuan ($14-28) per tonne from last week in both the southern...Read More

GLOBAL ANTIMONY SNAPSHOT: European price ends long-month uptrend while Chinese market continues up

October 22, 2019 / www.metalbulletin.com

Key data from the pricing sessions in Asia and Europe in the week to Friday October 18. China Key drivers  The high end of the antimony, MMTA standard grade II, ddp China price range continued to rise after domestic suppliers increased their offer prices on lingering bullish sentiment.   Trading activities waned after some consumers retreated from the market after completing st...Read More

Protests over austerity measures in Ecuador put investors on edge

October 21, 2019 / www.northernminer.com

A wave of nationwide protests has shaken Ecuador and investor confidence in the emerging mining jurisdiction.As part of President Lenin Moreno's US$4.2-billion financial deal with the International Monetary Fund to fix the oil-exporting nation's strained finances, the Ecuadorian government announced on Oct. 2 a package of austerity measures, including an end to four-decade-old fuel subsidies.Witho...Read More

TSX Venture posts small gain, Oct. 14-18: Novo Resources, New Pacific Metals, BonTerra, Cobalt 27

October 21, 2019 / www.northernminer.com

The S&P/TSX Composite Index rose 0.30% to 542.43 during the trading week. Spot gold finished at US$1,489.60, up 80 ?.Novo Resources jumped 33 ? to $2.80. The company recently reported positive coarse gold recoveries from a bulk sample at its Egina project in Western Australia, and said the results "further confirm" its view that "surface gravels covering the vast erosional terrace at Egina have th...Read More

Tightening supply, macro concerns keep cobalt prices steady

October 22, 2019 / www.metalbulletin.com

Cobalt sellers held firm with their offer prices last week when a round of smaller-tonnage consumer purchases made up the spot market. Fastmarkets' price assessment for cobalt, standard grade in-whs Rotterdam stood at $17.75-18.10 per lb on Friday October 18, narrowing from $17.70-18.15 per lb a week earlier. The assessment for cobalt, alloy-grade in-whs Rotterdam was unchanged week on week a...Read More

TSX slips, Oct. 14-18: First Majestic, Wesdome, Alamos Gold, Teck

October 21, 2019 / www.northernminer.com

The S&P/TSX Composite Index fell 0.23% to 16,377.10. The S&P/TSX Global Mining Index lost 1.29% to 73.48 and the S&P/TSX Global Base Metals Index dropped 0.60% to 96.86. The S&P/TSX Global Gold Index rose 1.71% to 210.71, and spot gold remained relatively flat at US$1,489.60, up 80 ?.First Majestic Silver's shares jumped $1.28 to $13.46 on the back of third-quarter production results. The company...Read More

US markets mixed, Oct. 14-18: Agnico Eagle, AngloGold Ashanti, Newmont Goldcorp

October 21, 2019 / www.northernminer.com

The Dow Jones Industrial Average fell 0.17% to 26,770.20, while the S&P 500 Index rose 0.54% to 2,986.20. Gold stayed relatively flat at US$1,489.60 per oz., up 0.05% for the week.Agnico Eagle Mines gained $1.96 to $54.18 per share. The gold miner recently announced commercial production at the Amaruq satellite deposit, 50 km northwest of its Meadowbank mine in the Kivalliq district of Nunavut. De...Read More

GLOBAL TUNGSTEN WRAP: APT markets in China, Europe supported; concentrates tightness pushes European ferro-tungsten price up

October 22, 2019 / www.metalbulletin.com

The tungsten market remained cautiously bullish in Europe and China in the week to Friday October 18 due to lingering positive sentiment and tightening concentrate supply in China. The Chinese ammonium paratungstate export price rose by 4.3% week on week in response to continued strengthening in the Chinese market, but some market participants said they expect further uptrend momentum to be limite...Read More

RT @RonStoeferle: Global economy faces $19tn corporate debt timebomb, warns IMF

October 21, 2019 / www.theguardian.com

Update on markets lists eight leading countries, including US, China and UK, as vulnerableRead full newsRead More

$HLIX - Fueling Growth Through Infrastructure, With Garvis Toler, Helix TCS (Podcast Transcript). Get more updates...

October 22, 2019 / twitter.com

"$HLIX - Fueling Growth Through Infrastructure, With Garvis Toler, Helix TCS (Podcast Transcript). Get more updates here: https://t.co/O7gSv6JaLb #investing #markets #trading"Read full newsRead More

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