The stock market crash 2.0 is in the making. The TSX Composite Index is surging to new highs, while the economy witnesses its worst unemployment and gross domestic product (GDP) contraction since the 2009 financial crisis. The stock market rally hinges on the back of another fiscal stimulus package and the announcement of a coronavirus vaccine. If neither of the two materializes by the end of this...Read More

Those who invested in the shares of Docebo (TSX:DCBO), Shopify (TSX:SHOP)(NYSE:SHOP), and Kinross Gold (TSX:K)(NYSE:KGC) at the beginning of this year have a lot to cheer about. For instance, a $1,000 investment in Docebo stock at the beginning of the year would be worth $2,514 now.Meanwhile, if you would have invested the same amount in both Shopify and Kinross Gold stock, the...Read More

Sep 18, 2020 Guest(s): Ronald-Peter Stoeferle Managing Partner, Incrementum Gold's current consolidation period is helping to remove some froth from the market, letting sentiment catch from the strong momentum seen this past summer that push prices to $2,000 an ounce, according to one fund manager. Although gold is caught in a trading range between $1,900 and $2,000, Ronald-Peter Stoeferle, mana...Read More

The London Metal Exchange three-month copper price hit a new 2020 high on Friday September 18, providing a welcome boost for the base metals complex.All LME three-month base metals prices, with the exception of nickel, saw gains on Friday, with copper reaching a new high of $6,875 per tonne before eventually closing at $6,861 per tonne after trading a little more than 15,720 lots.Th...Read More

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

Fastmarkets' copper concentrate treatment and refining charge (TC/RC) index rose to its highest level in one and a half months on Friday September 18 after miners sold additional tonnes at slightly higher levels this week. The spot market was active with Chinese smelter purchases still mostly settled at a narrow range of the high $40s / 4 cents to the low $50s / 5 cents. An increasing amount of De...Read More

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

Bob Moriarty ArchivesSep 19, 2020Many years ago before I got too old and too lazy to go to gold shows, one of the other fellows running a gold site came up to me grinning as he told me his site had just started to exceed 321gold in hits. That was his goal. He wanted more visitors than what we got. I asked him why I should give a damn. We didn’t want tons of visitors. We wanted serious invest...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday September 18.China Domestic prices stayed firm amid positive sentiment, with market stability consolidated by continuing tightness in materials and a recent increase in raw material costs. The supply of silica ore in Qinghai province was affected when ore producers suspended their...Read More

The European charge and high-carbon ferro-chrome benchmark for the fourth quarter 2020 is $1.14 per lb, unchanged for the third consecutive quarter.The settlement is announced every quarter by Merafe Resources, which operates a chrome joint venture with trader-miner Glencore in South Africa.The benchmark is a forward-looking price for the coming quarter. It is settled via negotiations between...Read More

This year was a virtual event, which for many CEOs as well as journalists, meant being stuck to the screen all day in video meetings, without the sanity break the two-minute dash between meeting roomsRead More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday September 18. China  Buyer sentiment in seaborne manganese ore was undermined by weakening portside ore and alloy futures prices.  Portside manganese ore prices of both grades slid reflecting lower offer prices to secure deals from alloy smelters, many of whom postponed purchasing in antic...Read More

Adam HamiltonArchivesSep 18, 2020 Gold has been consolidating high since early August, when it rocketed parabolic on colossal gold-ETF demand. That 6-week-old sideways drift has worked off some greed and overboughtness, but plenty still remains. So gold isn't out of the woods yet for this essential sentiment-rebalancing selloff. With residual overboughtness still extreme, gold faces considerable d...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

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

The effect of the absence of Turkish steel mills from the international scrap market was evident in tepid trading and weakening prices in the week to Friday September 18, with fears of an imminent market correction.Turkey continues to hold back from booking new cargoesUS market remains quiet on possible correctionVietnam books large volumes at lower pricesTaiwan's upward trend comes to a haltIndia...Read More

The price of shredded scrap imported into India moved down this week following a change in sentiment resulting from the absence of Turkey from the global scrap market, sources told Fastmarkets on Friday September 18.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $317.57 per tonne on Friday, down from $323.20 per tonne one week before.Buying activity was...Read More

The price spread for UK inter-merchant light iron scrap was steady over the week to Friday September 18, with limited supplies coming into merchant yards and a steady rate of export tonnages underpinning support for domestic prices, industry sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?100-110...Read More

This time yesterday base metals prices were down across the board, but with the exception of Shanghai Futures Exchange tin, they were all up during morning trading on Friday September 18 - showing sentiment remains bullish overall with dips being bought.This suggests prospects for increased demand for metals from infrastructure projects is driving sentiment and the market is not so concerned by th...Read More

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