China nickel ore prices continued their ascent in the week to Tuesday September 29 - outstripping other regional prices - while United States briquette premiums narrowed at the bottom end of the range and consumers began to restock ahead of the fourth quarter, sources said.China's nickel ore price rally continues unabated while regional nickel sulfate prices downThe already-low US premiums narrow...Read More

Cash copper rose 1.4% on the London Metal Exchange to US$6,668 per tonne, while on Comex, copper futures for December delivery are above $3 per pound.Iron ore has also strengthened, with MySteel 62% fines up 3.8% to $123.45/t, after Vale announced another production setback this week of about 11,000t per day.The Brazil-based miner said it was suspending concentrate production at its Viga mine...Read More

European high- and low-carbon ferro-chrome prices diverged in the week to Tuesday September 29, with higher-grade market sentiment improving while weak demand subdued lower-grade values. Fastmarkets' weekly price assessment for ferro-chrome high carbon 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe, was $0.85-0.99/lb on Tuesday September 29, widening upwards by 1 cent/lb from one week ea...Read More

Here are five Fastmarkets stories you might have missed on Wednesday September 30 that are worth another look.Bangladeshi conglomerate Bashundhara Group has decided to build a large steelmaking furnace that will boost the country's demand for imports of scrap steel over the coming years, sources...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW / TSX-V:SIM / FRA: WK3D) (the "Company" or "Siyata") announces that it will publish results on or before October 13, 2020 to coincide with the financial filings for Q2 on the NASDAQ.The Company wishes to provide an update with respect to the filing of the interim financial statements and related MD&A with respect to the interim period e...Read More

Vancouver, BC - Ovation Science Inc. (CSE:OVAT) ("Ovation" or the "Company"), a topical research and development company with a patented drug delivery technology backed by over 20 years of research and development and helping the fight against COVID-19 with its unique hand sanitizer DermSafe (R), is pleased to announce it will be participating in the Gravitas Healthcare Investor Day taking place...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") today announced the closing of its previously announced U.S. initial public offering of 2,100,000 units (each, a "Unit") at a price of US$6.00 per Unit (the "Offering"). Each Unit is comprised of one common share in the capital of the Company (each, a "Share") and one...Read More

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce a high grade silver discovery from the initial results from its ongoing 7,500 m drill program at the Hughes Property in Tonopah, NV. Each of the three holes reported in this news release encountered high-grade silver and gold within vein zones over a broad area a...Read More

The upward price move, after two years in the sin bin, can be most clearly seen in metallurgical or steel-making coal, which is benefitting from the rapid economic recovery in China, which has seenRead More

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

Here are five Fastmarkets stories you might have missed on Wednesday September 30 that are worth another look.Bangladeshi conglomerate Bashundhara Group has decided to build a large steelmaking furnace that will boost the country's demand for imports of scrap steel over the coming years, sources...Read More

Turkish steel producers extended their absence from the deep-sea scrap market amid weak finished steel demand, sources said on Wednesday September 30.Two Baltic Sea cargoes of HMS 1&2 (80:20) were sold to Turkey at $296 per tonne cfr late last week, were the first deals heard since September 9, when the price was $301 per tonne cfr. ...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday September 30.Key drivers  Persistent tightness in titanium scrap supplies in Europe causes prices to climb for the third week in a row.  Scrap generation has fallen in line with a downturn in heavy industry, particularly the aerospace sector, with a fall in volumes from machine shops, forge shops and fabricators. National...Read More

Base metals prices and Asian-Pacific equities were mixed this morning, Wednesday September 30, although pre-market western equity index futures were weaker following a confrontational and not very presidential first debate between US President Donald Trump and former Vice President Joe Biden, the democratic candidate.China's official and Caixin manufacturing purchasing managers' indices (PMI) were...Read More

A summary of China's battery raw materials exports for August 2020.In brief China's exports of graphite flake increased in August from a month earlier, with the rise mainly driven by the fulfillment of orders delayed due to the Covid-19 pandemic rather than a recovery in demand. China's lithium exports rose year...Read More

A summary of China's battery raw materials imports for August 2020.In brief China's imports of cobalt metal hit a historical high in August after importers in the country looked to take advantage of noticeable arbitrage opportunities. In addition, import appetite was spurred by wide-spread expectations of stockpiling by China's state reserve authority and the prospect of further price gains in the...Read More

Domestic prices for heavy steel plate in the EU have moved up over the week to Wednesday September 30, despite trading activity remaining slow, market sources have said.Price recovery was supported by higher slab costs and a positive trend in the market for steel coil.Fastmarkets' weekly price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?480-490 ($562-574) per tonne on...Read More

Share this articleCALGARY - Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.Toronto-based Kinross has agreed to pay Royal Gold about $66 million for its entire 40 per cent stake and $59.6 million for half of Contango's 60 per cent share,...Read More

Domestic prices for hot-rolled coil in Europe inched up over the week to Wednesday September 30, driven by reduced output from domestic mills and a lack of competitive import offers, sources have told Fastmarkets.Sentiment in the market has been mixed because some participants expected prices to rise further, while others expected them to remain at their current level.Fastmarkets calculated its da...Read More

I recently had a chance to speak with 20-year veteran stock analyst, Chris DeHaemer about commodities, 5G technology, space travel and oil finds in Mongolia. We also discussed how investors should navigate the markets after the election.Check it out ...You can read more about Chris here: https://www.angelnexus.com/o/web/286158 Read More