Bob MoriartySep 9, 2019It is with the greatest regret that I say that my darling wife of twenty-nine years, Barbara Moriarty, had a massive heart attack this morning and died. She was the genius of 321gold. She leaves me, her daughters and grandchildren heart broken. All those who knew Barbara loved her. She will be greatly missed. Bob Sep 9, 2019321gold LtdRead More
Here are five Fastmarkets MB stories you might have missed on Monday September 9 that are worth another look.European authorities have approved an adjustment to the safeguard quota system, lowering the annual quota increase amount to 3%, as part of a review of the existing safeguard mechanism on September 4, market sources told Fastmarkets on Friday September 6.Spot copper concentrates treatment a...Read More
Here are five Fastmarkets MB stories you might have missed on Monday September 9 that are worth another look.European authorities have approved an adjustment to the safeguard quota system, lowering the annual quota increase amount to 3%, as part of a review of the existing safeguard mechanism on September 4, market sources told Fastmarkets on Friday September 6.Spot copper concentrates treatment a...Read More
It plans to use the funds for drilling at its Golden Summit project near Fairbanks in Alaska and for general working capital. A US$2.Read More
The company said its working capital had been impacted by start-up, shipping and weather issues.It had closed the third tranche of additional debt financing in mid-August, with the US$3 million to be used for ramping-up production, shipping, working capital and general corporate purposes.It was forced to find a temporary port solution last week, saying the MV Happy Dragon was unable to unload...Read More
Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it has entered into a US$4.8 million unsecured loan agreement (the "Loan") with Taiga Mining Company, Inc. ("Taiga"), a controlling shareholder of the Company. Funded immediately will be US$2.5 million. The Loan is repayable in two years, with the Company having the option to exten...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has completed software integration and has received its first purchase order to commence large scale device trials in the field with a global ridesharing company. Marc Seelenfreund, CEO of Siyata Mobile, commented, "We are very excited about the trials that are...Read More
Manganese ore prices continued to soften over the past week, after a reduction in the September prices for silico-manganese further damped sentiment in the market. Manganese ore prices drop in China after alloy tender is cut Spot domestic silico-manganese prices slide in China Indian silico-manganese prices weaken further European alloy price holds steady in thin trading US ferro-manganese prices...Read More
The export price for Chinese ferro-silicon has reached a 27-month low amid persistent weak demand and tough international competition, Fastmarkets heard on Monday September 9.In Europe, the market extended its steady trend into a third week in a row, but losses were looming amid an expectation of weaker settlements for deliveries in the fourth quarter. China domestic price weakens ahead of Septemb...Read More
Manganese ore prices continued to soften over the past week, after a reduction in the September prices for silico-manganese further damped sentiment in the market. Manganese ore prices drop in China after alloy tender is cut Spot domestic silico-manganese prices slide in China Indian silico-manganese prices weaken further European alloy price holds steady in thin trading US ferro-manganese prices...Read More
Key data from the pricing sessions in Asia and Europe during the week ended Friday September 6.ChinaKey drivers The price for antimony, MMTA standard grade II, ddp China, narrowed upward by 500 yuan per tonne to 36,500-37,000 yuan ($5,135-5,205) per tonne in the latest assessment on September 4, amid improved market sentiment as a result of the successful auction of the entire stock of antimony he...Read More
Domestic scrap prices in the Turkish market have gone down over the past week amid falling imported scrap values, sources said on Monday September 9.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was TRY1,445-1,650 ($252-288) per tonne on Monday, down from last week's TRY1,520-1,770 per tonne.This downward movement in the weekly assessment came...Read More
European aluminium scrap prices universally dipped on Friday September 6 with the effects of China's moratorium on non-ferrous scrap imports finally being felt amid a loosening scrap supply picture. China announced a more stringent approach to non-ferrous scrap imports starting on July 1, 2019, with some participants at the time believing the move would have a negligible impact on the European sec...Read More
The Turkish steel mills held back from the deep-sea scrap markets at the beginning of the week, expecting further prices decreases, sources said on Monday September 9.Four deep-sea bookings were made last week, at prices which pushed down the daily scrap indices by more than $18 per tonne.Three bookings on September 3 lowered prices by $12.30 per tonne day on day. On September 5, prices dropped by...Read More
SAULT STE. MARIE - Ontario's government is supporting northern businesses through a new capacity building program, creating two full-time jobs.Today, Ross Romano, MPP for Sault Ste. Marie, announced an $807,100 investment for the Ontario's North Economic Development Corporation (ONEDC) defence supply chain capacity building program. The program will help Northern Ontario businesses diversify into...Read More
Strong gains in nickel prices since the start of the month and the expectation that this strength will persist are likely to slow the pace of nickel-rich battery adoption in the electric vehicle (EV) market in the near term, market participants told Fastmarkets.But this dynamic is unlikely to result in cobalt demand picking up significantly, they added.Following an announcement by the Indonesian g...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets. Fastmarkets pricesClick here for Fastmarkets' price assessment for cobalt sulfate 20.5% Co basis, exw China, yuan/tonneClick here for Fastmarkets' price assessment for the cobalt sulfate 20.5% Co basis, adjustment to standard-grade cobalt low-end price, exw China, $/Ib Click here for the formula...Read More
Cobalt sellers successfully held out for higher prices last week, despite a fairly limited uptick in consumer demand after the summer break. Fastmarkets' benchmark price assessment for standard-grade cobalt stood at $16.80-17.50 per lb, in whs Rotterdam on Friday September 6, narrowing upward by 15 cents per lb from $16.65-17.50 per lb on September 4. Alloy-grade cobalt prices were assessed at $17...Read More
The export markets for hot-rolled coil and cold-rolled coil (HRC, CRC) from the Commonwealth of Independent States (CIS) fell during the week ended Monday September 9 on weak domestic markets in customers' home regions, sources told Fastmarkets.Fastmarkets' price assessment for steel HRC, export, fob Black Sea, CIS, was $430-438 per tonne on Monday September 9, down from $450-460 per tonne a week...Read More
The price trend for hot-rolled coil in Asia remains uncertain for many market participants given price rebounds in China but continued bearish sentiment in the key import market of Vietnam.Fastmarkets' steel HRC import, cfr Vietnam assessment, which mainly looks at Chinese 2-3mm re-rolling-grade SAE1006 HRC and equivalent products sold into Vietnam, was $457-465 per tonne cfr for the week ending M...Read More