Canadian junior miners produced a steady stream of news this week as a string of deals helped fund and launch projects across the country and beyond. Sable Resources (TSX-V: SAE), the junior grassroots explorer focused on the discovery of new precious metal projects through systematic exploration in endowed terranes located in favourable, established mining jurisdictions, can look fo...Read More
Negative interest rates are profoundly idiotic. Who would ever pay money to lose money?Europe has been mired in them for a while now. Germany's 30-year bonds with negative interest rates didn't sell well, but that's just one of many.UBS Group AG is going to charge some people 0.6% on deposits. A bank in Denmark is selling mortgage-backed notes that have a negative coupon.Then there is Switzerland,...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished up but off earlier session gains Friday, as investor optimism over a potential easing of U.S.-China trade relations began to fade. Marvell Technology (MRVL - Get Report) slipped after the semiconductor company beat estimates on both top and bottom lines but issued weak guidance....Read More
European aluminium billet premiums on Friday August 30 traded at their lowest since late 2016 and early 2017, pressured by a sustained oversupply in the region. Oversupply, aggressive offers sink premiums in Europe. Brazilian billet premium falls on weak demand.US, Asian billet premiums steady. European premiums hit by sustained oversupplyEuropean billet premiums hit their lowest since 2016 follo...Read More
The three-month nickel price on the London Metal Exchange continued to surge at the close of trading on Friday August 30, closing at its highest level since September 2014, while a 3.6% uptick in tin futures did little to close a widening gap between the two metals.Nickel's rally began just before midday after the price breached the key $16,690 per tonne resistance level, opening a surge of fresh...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
An overview of the battery raw materials markets and their latest price moves.Read More
An overview of the noble alloys markets and their latest price moves.Read More
Adam HamiltonArchivesAug 30, 2019 The battered silver miners' stocks surged in recent months, staging a strong rebound rally. That overdue turnaround was fueled by silver mean reverting higher on improving sentiment after gold's decisive bull-market breakout. But silver miners still had a challenging Q2, as most of silver's gains came after last quarter ended. They continued diversifying into gold...Read More
Jiuquan Iron & Steel Group (Jisco) plans to temporarily close its Alumina Partners of Jamaica (Alpart) refinery for over a year in the next two to three months, sources told Fastmarkets on Friday August 30. Sources close to the matter said the refinery, which is located in Nain in St Elizabeth, Jamaica, needs to shut to modernize its facilities. "It previously reopened early on high alumina prices...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata")announces it has filed its Q2 2019 financials, and will be hosting a conference call to discuss these results on Tuesday, September 3rd at 9:00 AM EST (6:00 AM PST). Conference call details are set out below.Highlights:Q2 2019 revenue of $2.0-million compared with $5.3-million in Q2 2018Adjusted EBITDA...Read More
The Chinese domestic spot silico-manganese price has been less volatile so far in 2019 thanks to relatively balanced supply and demand fundamentals over the period, market sources told Fastmarkets on the sidelines of an industrial conference in Ulanqab, Inner Mongolia, on Thursday August 29. Fastmarkets assessed the price of silico-manganese 65% Mn min, max 17% Si, in-whs China at 7,300-7,400...Read More
An overview of the minor metals markets and their latest price moves.Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 362,60965,77154,297148,866482,672565,772602,740 Change from Prior Reporting Period 10,31513,4709,04715,45813,01434,82035,531 Traders 23459765659316170 Small Speculators LongShortOpen Interest 70,41133,443636,183 6,5565,84541,376 non report...Read More
Avi GilburtPersonally, I love trading metals and have been doing so for quite some time. In fact, the best trade of my entire career was in silver many years ago. But, the one thing that we commonly see in the complex is that when the market strikes a top, it most often spikes into and then strongly reverses at that top as a culmination signal. Thus far, I have not seen that in the metals....Read More
By: Ira EpsteinLabor day weekend.. lighter volume expected. The gold market shows its 18-week moving average nearing $1,400. The Daily chart shows resistance around $1,560 on DEC-gold price. Support on 18-day moving average, $1,522+Read More
"While we have a portfolio of undeveloped projects, at present, IRC is essentially a single product company and our financial performance is very dependent on the market iron ore price," said IRCRead More
Fastmarkets is proposing to make changes to the specifications of two cobalt hydroxide assessments it initially launched in February 2019.The two assessments are the cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low end), and the cobalt hydroxide index 30% Co min, cif China, $/Ib. Following an initial consultation among market par...Read More
Ferrous scrap prices around the world fell over the week ended Friday August 30 on thin buying interest from end-users, which expected more price falls so were not eager to purchase materials. Ample supply damps prices More falls in export prices expected Prices plunge on thin buying interest Limited transactions on weak downstream demand.TurkeyImport prices in Turkey fell sharply week on week, wi...Read More