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Boring is best in troubled times

March 11, 2020 / www.mining-journal.com

Rarely at the top of the buy list of leading investment banks Australian-listed Alumina, which takes its name from what it produces, and Iluka Resources, a titanium minerals and zircon specialistRead More

Rio Tinto overtakes BHP as strongest mining brand

March 11, 2020 / www.mining-journal.com

Brand Finance looks at marketing investment, stakeholder equity and the impact of those on a company's performance to produce its brand strength rating.Despite falling 1.1% year on year, Rio's score of 71.8 beat BHP's 71 after the latter registered a 2.5% drop versus 2018. Vale came third with a score of 66.2, down 5.2%."As with the majority of brands in the ranking, Rio Tinto has dropped in brand...Read More

A2Z Technologies Canada Awarded Additional Contract with Israel Electric Company

March 11, 2020 / kincommunications.com

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) | (FSE: A23), a pioneer in military robotics, services, and innovation in the auto industry, announced today a new contract with the Israel Electric Company (IEC).A2Z has three prior pre-existing contracts with the IEC for various products and services. This new contract is for additional services for systems not cov...Read More

IN CASE YOU MISSED IT: 5 key stories from March 11

March 12, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 11 that are worth another look.The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on March 11.The first deal for second-quarter aluminium ingot supply to Japan has been...Read More

MINOR METALS MARKET REPORT 11/03: Manganese flake maintains fall, price range widens

March 12, 2020 / www.metalbulletin.com

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

Crash update: We've probably reached maximum panic for this leg

March 11, 2020 / news.goldseek.com

By Gary Savage$SPX in oversold conditions, this is not a new perma-bear market. The market will start pricing in the corona virus dying out. Still another 10-15 years in this bull market to go..https://blog.smartmoneytrackerpremium.com/Read More

Precious Metals Update Video: How much stimulus? Gold technical look

March 11, 2020 / news.goldseek.com

By: Ira EpsteinGold 18-dma is $1636 level. Upper Bollinger is $1699Read More

Asian Metals Market Update: March-11-2020

March 11, 2020 / news.goldseek.com

It is just fear of recession and fear that a long term investing opportunity will be lost that is deciding investment strategy. Traders and find managers are booking profit in every investment (other than stocks) to invest for the long term in stocks. Most believe that stock markets are great long term investing opportunity. Every investment has crashed due to corona virus. Gold, silver, crude o...Read More

DAILY SCRAP REPORT: Market remains quiet amid firm prices, weak billet and rebar demand

March 12, 2020 / www.metalbulletin.com

Turkish steel mills remained inactive in the deep-sea scrap import markets on Wednesday March 11 because of firm prices and weak billet and rebar markets, sources said.Although there have been no new bookings so far this month, suppliers have kept their offers largely stable.Offers for HMS 1&2 (80:20) from the United States remained at $280 per tonne cfr, while offers for similar material increase...Read More

Shareholders call for MGX board overhaul

March 10, 2020 / www.mining-journal.com

The group, who said combined they held at least 5% of MGX, cited concerns including the potential misuse of company funds and destroyed shareholder value, saying the share price had decreased from C$2Read More

TITANIUM SNAPSHOT: Alloy price range widens, scrap eases amid low trades

March 12, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday March 11.Key drivers:Price range widens, marking the first move in five weeks, with the bottom end dropping ten cents amid no trades reported in Europe. One sale of around 50 tonnes reportedly done in China at...Read More

JAPAN SCRAP EXPORTS: Prices down again on strong yen, lower demand

March 12, 2020 / www.metalbulletin.com

Japanese export ferrous scrap prices have declined for a second consecutive week with a stronger yen making material from the East Asian country less attractive, sources told Fastmarkets on Wednesday March 11.Fastmarkets' price assessment for steel scrap H2 export, fob main port Japan, settled at ?22,500-23,000 ($215-220) per tonne on Wednesday, down by ?500-800 per tonne week on week from ?23,...Read More

MORNING VIEW: Volatility takes over as markets react to health, disruptions and government policy developments

March 12, 2020 / www.metalbulletin.com

Base metals were mixed this morning, Wednesday March 11, while the pre-market Dow Jones Industrial Average Index (DJIA) was off by 700 points, this after a 1,167-point rise on Tuesday.Markets were disappointed that US President Donald Trump did not announce concrete stimulus/support measures on Tuesday, but measures are still expected in the United States sometime soon and the Wednesday's annual b...Read More

CHINA COBALT SNAPSHOT: Buyers cautious as virus impact continues to unfold in metal, salts markets

March 12, 2020 / www.metalbulletin.com

Key data from the pricing session in Shanghai on Wednesday March 11. Key drivers Cautious downstream buying following a plunge in futures prices on Monday pushed the metal price down, though most consumers have resumed normal operations.Market participants anticipate an oversupply in the domestic market...Read More

IN CASE YOU MISSED IT: 5 key stories from March 11

March 12, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 11 that are worth another look.The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on March 11.The first deal for second-quarter aluminium ingot supply to Japan has been...Read More

Events weigh 'difficult' decision whether to continue amid COVID-19

March 11, 2020 / www.canadianinvestor.com

Share this articleTORONTO - The Metro Toronto Convention Centre should have been bustling Wednesday with guests at a two-day retail, marketing and technology conference, but the event's plans changed with the news that a Sudbury man who visited the venue last week had contracted a novel form of coronavirus.DX3 organizers said Wednesday that they had cancelled the second day of their annu...Read More

Daily Gold Market Update 03/11/2020

March 11, 2020 / www.energyandcapital.com

Today is Wednesday, March 11, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,640.55. It's down -0.80% from yesterday and up...Read More

Italy's long steel output hit by coronavirus lockdown, flats production steady

March 12, 2020 / www.metalbulletin.com

The enlargement of the quarantine zone in Italy to a nationwide reach has already started to affect steel output, with at least two long steel mills announcing production stoppages, sources told Fastmarkets on Wednesday March 11.On March 9, Italian authorities extended the lockdown from northern areas across the whole country in an attempt to control the outbreak of the 2019-nCoV coronavirus.Long...Read More

Energy Stocks Roundup 03/11/2020: HLX, PUMP, APY

March 11, 2020 / www.energyandcapital.com

Today is Wednesday, March 11, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Helix Energy Solutions Group (NYSE: HLX), ProPetro Holding Corporation (NYSE: PUMP), and Apergy Corporation (NYSE: APY).Helix Energy Solutions Group (NYSE: HLX)Helix Energy Solutions Group (NYSE: HLX) is a $364.41 million company today with a one-year return of -62.09%. Let's...Read More

EUROPE HDG: Domestic prices stabilize despite softening of feedstock costs

March 12, 2020 / www.metalbulletin.com

Domestic prices for hot-dipped galvanized coil (HDG) have been unchanged across Europe this week despite a decrease in prices for hot-rolled coil feedstock, sources told Fastmarkets on Wednesday March 11.Fastmarkets' weekly price assessment for steel HDG, domestic, exw Northern Europe, was unchanged over the week at ?,?600-610 ($681-692) per tonne ex-works on March 11.The assessment was based on d...Read More

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