Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announced today a business update in response to the Global Covid-19 Pandemic (the "Covid-19 Pandemic"). On March 11, 2020, the World Health Organization declared a global pandemic. In order to combat the spread of COVID-19 governments worldwide have enacted emergency measures including travel bans, legally enforce...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") at the request of IIROC, has provided further details on the announcement that it has received an increase in revenue-generating work orders due to COVID-19 supply chain distress.The Company's commercial Artificial Intelligence (AI) and Machine Learning (ML) technology delivers accurate and automated product inf...Read More
Halifax, Nova Scotia- April 13, 2020 - Sona Nanotech Inc. (CSE: SONA) (OTC PINK: SNANF) (the "Company") is pleased to provide an update on the development, manufacturing arrangements and pre-orders for its Covid-19 antigen test. The Company this past week has:Progressed from feasibility and prototype testing to the optimization stage for its Covid-19 antigen rapid response test;Commenced work wi...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces it has won an initial $600k contract for its rugged Push-to-Talk (PTT) devices to supply hospitals, healthcare workers and ambulances to help manage the battle against COVID-19.The Siyata devices are running third party Command & Control software which allows medical units to speak to entire...Read More
Operations at the Antamina zinc and copper mine in Peru have been suspended as part of its response to the Covid-19 pandemic, according to one of its joint venture partners, Teck Resources Ltd.The Vancouver, Canada-based company said Antamina - in which it has a 22.5% stake - has been allowed by the Peruvian government to change out its previously reduced workforce, which has been in place at the...Read More
Here are five Fastmarkets stories you might have missed on Monday April 13 that are worth another look.Argentinian crude steel production fell by 26.7% year on year in March due to the closure of most plants during a mandatory quarantine enforced by the federal government to contain the spread of the Covid-19 virus, national steel chamber Acero Argentino said.A total of 222,020 tonnes of copper sc...Read More
Christmas of 2019 I had advised to invest in gold and silver for Easter of 2020. Now I am asking to invest in gold and silver this Easter for Christmas of 2020. Overall gold and silver will continue to rise till Christmas. Even if the corona virus pandemic gets over and a vaccine is found (before Christmas of 2020), gold and silver will continue to rise. There is an over $40 price difference bet...Read More
All but one of Fastmarkets' aluminium scrap price assessments fell on Thursday April 9 while the Covid-19 pandemic-driven market slowdown continued to affect the US scrap business."[This] certainly is an unusual time. I've never seen anything like this in my lifetime," one US scrap consumer source said. "Hopefully the May 4 start-up for many automakers will happen."Fastmarkets assessed the mixed l...Read More
A total of 222,020 tonnes of copper scrap has been approved for import into China in a fifth round of metal scrap import quotas, according to an April 10 release from the China Solid Waste & Chemicals Management Bureau.The latest quota is significantly larger than the 3,520 tonnes approved in the fourth round and brings the total amount of copper scrap approved by the bureau since July 2019 up to...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Share this articleYELLOWKNIFE - Northern miners say the federal government's wage subsidy program to get the country through the COVID-19 pandemic leaves them out in the cold.Tom Hoefer of the Northwest Territories and Nunavut Chamber of Mines says the program doesn't work for the mining industry.He says miners have been flying local workers home to their remote communities and using chartered pla...Read More
Here are five Fastmarkets stories you might have missed on Monday April 13 that are worth another look.Argentinian crude steel production fell by 26.7% year on year in March due to the closure of most plants during a mandatory quarantine enforced by the federal government to contain the spread of the Covid-19 virus, national steel chamber Acero Argentino said.A total of 222,020 tonnes of copper sc...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Despite these unprecedented times, US sheet prices moved in line with our expectations over the past month. While we maintain our view on the direction of pricing during 2020 and the length of the pricing downturn, as the Covid-19 crisis deepens we have increased the magnitude of the price declines through the second quarter...Read More
China's hot-rolled coil prices continued to rise on Monday April 13, with sentiment lifted by strengthening futures, although some buyers decided to hold back amid mills' rising output.DomesticEastern China (Shanghai): 3,320-3,350 yuan ($472-476) per tonne, up 50-70 yuan per tonneNorthern China (Tangshan): 3,230 yuan per tonne, up 30 yuan per tonneA Shanghai-based trader said that spot prices in t...Read More
Today is Monday, April 13, 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 $1,732.95. It's up 1.05% from yesterday and up 34.30...Read More
Today is Monday, April 13, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Matrix Service Company (NASDAQ: MTRX), Texas Pacific Land Trust (NYSE: TPL), and National Oilwell Varco (NYSE: NOV).Matrix Service Company (NASDAQ: MTRX)Matrix Service Company (NASDAQ: MTRX) is a $251.3 million company today with a one-year return of -48.11%. Let's look at its pr...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Despite these unprecedented times, US sheet prices moved in line with our expectations over the past month. While we maintain our view on the direction of pricing during 2020 and the length of the pricing downturn, as the Covid-19 crisis deepens we have increased the magnitude of the price declines through the second quarter...Read More
The price of gold is flying high as the coronavirus pandemic threatens to plunge the world into an economic depression. The World Economic Forum wrote this morning:A third of the world population is under some sort of "lockdown." Over 200 countries are affected, and the number of new cases and deaths in many places are still growing exponentially. All the while, a second crisis, in the form of an...Read More
The Egyptian Ministry of Trade and Industry has postponed a duty reduction on billet and rebar for a period of six months until October 12, 2020, Egyptian sources informed Fastmarkets on Sunday April 12.The duty was supposed to be reduced on April 12.The Egyptian Ministry of Trade and Industry announced a definitive safeguard duty of 16% of the cif price and a minimum of $74 per tonne for steel bi...Read More
China's domestic rebar prices kept moving upward on Monday April 13 on strengthening demand from the construction sector. Eastern China (Shanghai): 3,460-3,490 yuan ($491-496) per tonne, up 30 yuan per tonneNorthern China (Beijing): 3,400-3,430 yuan per tonne, up 30 yuan per tonne from 3,370-3,400 yuan per tonne last FridayDemand in both key spot markets was strong during the day, with gains being...Read More