Fear drives up precious metal prices. Fear of war, defaults, inflation, civil unrest and anything that undermines trust in government. A week after the Lehman Brothers bankruptcy in 2008, gold and silver jumped by 15%. Three years later, during the height of the European government debt crisis, when the obligations of Italy, Ireland, and Greece resembled junk bonds, silver more than quadrupled in...Read More

Jim Cramer talks with Barrick Gold CEO Mark Bristow about his company's bid for Newmont Mining.Read full newsRead More

"$CMLEF - Cominar Real Estate Investment Trust (CMLEF) CEO Sylvain Cossette on Q4 2018 Results - Earnings Call Transcript https://t.co/kFXpuuC29w"Read full newsRead More

The frantic rescue mission to save dozens of Indonesian workers trapped in a gold mine has come to a somber halt. Authorities pulled the plug on the perilous and daunting operation on Thursday as constant rockfall jeopardized rescuers' safety, reported The Associated Press. Budi Purnama, director of operations at the National Search and Rescue Agency, stated that the remains of 27 victims had been...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Friday for a fifth straight day Friday after the U.S. economy added far fewer jobs than expected in February.Costco Wholesale (COST)  posted stronger-than-expected second-quarter earnings but missed Wall Street's revenue estimates. Shares climbed 5.1%.Marvell Technology Group (MRVL)  issued...Read More

Aluminium foundry premiums in Europe and the United States remain under pressure this month due to continuing weak demand in the automotive industry. Foundry premiums in Germany fell 5% month on month and are down more than 16% from the start of 2019. In Germany, the premium for silicon 7 aluminium wheel alloys over London Metal Exchange cash prices delivered to the Ruhr region with 30-day payment...Read More

Prices for long and flat stainless steel products in Europe were stable this week, but higher prices were beginning to emerge in the market following the increase in monthly surcharges, market participants told Fastmarkets on Friday March 8.The March surcharges for grade-304 cold-rolled (CR) stainless sheets increased to ?,?1,308-1,351 ($1,474-1,522) per tonne on March 1, according to data release...Read More

Base metals prices on the London Metal Exchange were collectively lower at the close of trading on Friday March 8, with most metals ending the week down despite strong fundamentals across the complex and continued market optimism over US-China trade resolution. Losing momentum over the afternoon, the three-month nickel price fell to just over $13,000 per tonne amid continued selling pressure. ...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Adam HamiltonArchivesMar 08, 2019 The widely-held mega-cap stocks that dominate the US markets recently finished reporting their Q4'18 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fare...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Fastmarkets proposes to change the calculation basis for the China cobalt sulfate, Co 20.5% min, ex-works adjustment to the standard-grade cobalt low-end price to 100% Co basis from the current Co 20.5% basis. As part of the consultation, Fastmarkets also proposes to change the name of this assessment to China cobalt sulfate, Co 20.5% min, ex-works, adjustment to standard-grade cobalt low-end pric...Read More

There were widespread rises in global ferrous scrap prices in the week ended Friday March 8, due to stable demand from end-users in key importing markets, Fastmarkets heard.Turkish steelmakers were buying imported materials to shore up their inventories, while buyers in Asia were purchasing spot cargoes to hedge against future price increases.TurkeyScrap prices in the Turkish import market began t...Read More

UK prices for alloy steel scrap have moved up over the past week due to higher costs for nickel, sources told Fastmarkets on Friday March 8.Fastmarkets' weekly price assessment for domestic UK 18/8 stainless steel scrap solids was ?830-870 ($1,090-1,143) per tonne delivered on March 8. This was up from ?800-840 per tonne delivered a week earlier, reflecting transactions heard in the market."Nick...Read More

The Friday Market Minute U.S. equity futures suggest a fifth day of declines on Wall Street Friday, the longest losing streak of the year, after a surprise collapse in China's February exports.China exports fall the most in three-years last month, adding to concerns for global growth after yesterday's sharp forecast change, and negative rate extension, from the European Central Bank.Europea...Read More

Prices for light iron steel scrap in the United Kingdom broke a five-week spell of stability and fell by ?5 ($7) per tonne this week, with inter-merchant prices tracking a drop in the consumer market, sources told Fastmarkets on Friday March 8.The inter-merchant market was responding to a drop of about ?10 per tonne in the consumer price in late February, sources said.Even though there has been...Read More

The Comex copper price fell in US morning trading on Friday March 8 following the release of disappointing data from the world's two largest economies, the United States and China.The copper price for May settlement on the Comex division of the New York Mercantile Exchange declined 2.30 cents to $2.8875 per lb. Market participants pointed to waning investor appetite for metals amid weaker than exp...Read More

Three-month base metals prices on the London Metal Exchange were for the most part weaker again this morning, Friday March 8, and weak Chinese trade data has not helped sentiment.With the exception of aluminium that was up by 0.1%, the rest of the complex were down between 0.2% for tin and 0.7% for nickel and zinc. Copper was off by 0.5% at $6,403 per tonne, compared with $6,435 per tonne at Thurs...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Fastmarkets proposes to change the calculation basis for the China cobalt sulfate, Co 20.5% min, ex-works adjustment to the standard-grade cobalt low-end price to 100% Co basis from the current Co 20.5% basis. As part of the consultation, Fastmarkets also proposes to change the name of this assessment to China cobalt sulfate, Co 20.5% min, ex-works, adjustment to standard-grade cobalt low-end pric...Read More