Brexit Trade Talks Bitcoin Oil Gold European equity markets are poised to open around half a percentage point higher on Wednesday, with the FTSE the notable underperformer after the pound rallied following Theresa May’s appeal to the opposition to help break the Brexit impasse. Sterling higher as May reaches out to the opposition to break Brexit impasse The next stage in the Brex...Read More
Eight men suffocated in an unauthorised gold mine in Peru after a tunnel they dug began spewing noxious fumes, local media reported. Rough cut - no reporter narration.Read full newsRead More
Gold is seen by the investment community or even by society's common sense as a great hedge for uncertain times.In an attempt to normalize liquidity in the interbank loan market, the Fed reduced interest rates and used several mechanisms to provide liquidity.The Lehman's bankruptcy brought renewed liquidity problems. That meant that the Fed needed to react.Gold (NYSEARCA:GLD) is seen by the in...Read More
ISIS has claimed it kidnapped and killed a Canadian geologist in Burkina Faso three months ago, according to the latest issue of the propaganda newsletter Al-Naba, circulated last week.Halifax, Nova Scotia-based Kirk Woodman, vice-president of exploration for private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier.Propagan...Read More
ISIS has claimed it kidnapped and killed a Canadian geologist in Burkina Faso three months ago, according to the latest issue of the propaganda newsletter Al-Naba, circulated last week.Halifax, Nova Scotia-based Kirk Woodman, vice-president of exploration for private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier.Propagan...Read More
Silver can be frustrating for holders of the physical metal.Investors are losing both money and opportunity.The last three years of sideways price action have been frustrating for the bulls.Silver can be frustrating for holders of the physical metal. Stuck in a sideways pattern since 2014, silver has been oscillating between support at roughly $14.00 per ounce and resistance at $21.00 per ounce. T...Read More
Eight men suffocated in an unauthorized gold mine in Peru after a tunnel they du...Read full newsRead More
Eight men suffocated in an unauthorised gold mine in Peru after a tunnel they dug began spewing noxious fumes, local media reported. Rough cut - no reporter narration.Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce that it has completed integration of its Venzee Mesh API content distribution platform with one of its five previously announced Product Information Management (PIM) channel partners and has commenced onboarding manufacturers and distributors of the channel partner.This well-established P...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Tuesday as shares of Walgreens Boots Alliance (WBA - Get Report) declined after the Dow component missed earnings estimates. Dow Inc. (DOW shares climbed 4.8% to $56.04 in their debut on the New York Stock Exchange. Shares of Lyft (LYFT fell slightly in their third day of trading f...Read More
Russian aluminium producer Rusal is again shipping fresh primary aluminium to the United States and Europe following the removal of sanctions against the company in January, according to chief executive Evgenii Nikitin, Rusal's press office told Fastmarkets on Tuesday April 2."The volume [of supplies to Europe and the US] has been fully restored on aluminium. It has not been resumed on alloys, tho...Read More
Nickel was the standout performer among base metals in trading on the London Metal Exchange on Tuesday April 2, with an increase of $35 per tonne making it the only base metal not to show a fall.Tin was one of the worst performers, with its price going down by $220 per tonne to $21,200 per tonne in Tuesday trading.The price of lead fell by $20.50 per tonne to $1,990.50 per tonne, making it one of...Read More
Fastmarkets has corrected its assessment of the premium for aluminium P1020, fca South Korea, duty-free, which was published incorrectly on Tuesday April 2 due to an error.The premium for P1020 in South Korea was incorrectly given as $110-130 per tonne. The correct figure was $115-135 per tonne, unchanged from the previous assessment on March 26. This was correctly displayed in the pricing rationa...Read More
Manganese ore prices have diverged according to grade, increasing the gap between 37% and 44% ore after buyers complained about the cost of the low-grade material. 37% manganese ore slides, 44% ticks up Alloy prices diverge in China Indian silico-manganese prices hold steady Alloys stage mixed performance in Europe, USPrices for low- and high-grade manganese ore diverged at the end of March amid m...Read More
Treatment charges (TCs) for spot zinc concentrate continued to rise in March with deals over the $300-per-tonne mark made for clean cargoes.Fastmarkets assessed spot zinc concentrate TCs basis cif Asia-Pacific at $270-305 per tonne last month, up by $55 per tonne from $215-250 per tonne in February.The rise took place amid large tonnages being offered into the Chinese market and with a wide spread...Read More
Based on initial research and a consultation among market participants, Fastmarkets proposes to launch a weekly assessment of electrolytic manganese flake, 99.7% basis, fob China, $/tonne. The introduction of the price will expand Fastmarkets' current price coverage for electrolytic manganese flake, which tracks the Chinese manganese flake market on a regular basis. The proposed new assessment wil...Read More
Brazilian miner Vale's revenue from its cobalt business rose in 2018 despite reduced sales thanks to high cobalt prices, according to its production results released on Wednesday March 27. Vale's cobalt sales volumes totaled 4,974 tonnes in 2018, down from 5,013 tonnes a year before. But cobalt revenues were higher year on year at $313 million last year compared with $258 million in 2017. Cobalt p...Read More
Turkish deep-sea scrap import prices fell sharply after confirmation of transactions done late last week, sources said on Tuesday April 2.A steel producer in the Marmara region booked a European cargo, comprising 22,000-23,000 tonnes of HMS 1&2 (80:20) at $308 per tonne and 5,000 tonnes of bonus at $318 per tonne cfr on Thursday March 28.And a mill in the Izmir region booked a UK cargo, comprising...Read More
Three-month base metals prices on the London Metal Exchange were slightly firmer during morning trading on Tuesday April 2, up by an average of 0.2% but still down from Monday's highs.Nickel once again led the way with a 0.5% rise, this after a 0.9% rise on Monday, with the metal's three-month price recently quoted at $13,180 per tonne, up from Monday's close at $13,115 per tonne.Copper, aluminium...Read More
The Tuesday Market Minute Global stocks mixed as stronger-than-expected U.S. and China factory data cloud the trade war impact on economies in other parts of the world.European stocks edge higher as the single currency retreats following soft inflation data that likely leaves the ECB with few options beyond further easing in President Mario Draghi's final months in Frankfurt.U.K. lawmakers...Read More