Game of Thrones loses one of its Dark Hedges trees and all that glitters is not gold.Read full newsRead More

Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has completed the sale of a BOSS CO2 Extraction System ("BOSS") to Ten-10 Ventures Inc. in Kelowna, British Columbia, Canada ("Ten-10").Ten-10 is an applicant under the Cannabis Act and its principals have years of cultivation experience under medical production rules, and global...Read More

Published 23 Hours AgoUpdated5 Hours AgoReuters Getty ImagesGold jumped to its highest in more than eight-months on Tuesday, on doubts surrounding U.S.-China trade relations and ahead of a Federal Reserve meeting with increasing expectations for a pause to the central bank's rate hike trajectory.Spot gold was up 0.5 percent to $1,310.60 per ounce as of 2:53 p.m. EST, having hit its highest since...Read More

Aluminium's three-month price on the London Metal Exchange fell by almost 3% at the close of trading on Monday January 28, continuing to trade at less than $1,900 per tonne while the rest of the complex followed lower.Total aluminium volumes traded on the exchange were moderate, with 13,588 lots changing hands by the close, and while the metal's LME stock levels remained firmly above 1 million ton...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average sank Monday, led lower by Caterpillar Inc. (CAT) , which missed analysts' earnings estimates.Caterpillar declined 9.13% after its posted weaker-than-expected fourth-quarter earnings and forecast a "modest" in increase in 2019 sales.Nvidia Corp. (NVDA)  tumbled 13.8% after slashing its revenu...Read More

The aluminium market mainly shrugged off the US Department of the Treasury's Office of Foreign Assets Control's (OFAC) long-awaited decision to remove sanctions imposed on producer UC Rusal on Sunday. The market said the removal of sanctions had been expected and therefore is already priced into the premium levels. But Rusal's next move will remain a crucial key to how the market develops in...Read More

The copper scrap discount in January has narrowed month on month for Chinese imports, mainly due to limited scrap availability following a drop in copper's outright price.No 2 copper scrap, which includes birch and cliff of 94-96% copper content, was being sold into the country at a discount of 24-30 cents per lb this month, Fastmarkets assessed. The spreads are smaller compared to 26-34 cents per...Read More

"The economic and financial condition of the U.S. and global economy is similar to that of 2008, although I think now it's a lot worse than it was back then...the 'gravity' of true fundamentals has finally gotten ahold of stocks..."Fundamentals ultimately drive value. In terms of the fundamentals, financial assets - stocks, bonds, real estate - are extremely overvalued. The precious metals sec...Read More

Spot treatment charges (TCs) for zinc concentrates rose in January with the market continuing to trade at prices significantly higher than $200 per tonne.Fastmarkets assessed TCs for spot zinc concentrates at $210-240 per tonne on Friday January 25, up from $210-230 per tonne last month, reflecting a rise in the number of deals made at higher prices and a wider spread in trades.The spot zinc conce...Read More

A joint venture between Trafigura and a Saudi Arabian company will start building a major copper, zinc and lead smelter complex in Saudi Arabia approximately one year from now, a company source has confirmed with Fastmarkets. The designated capacity at the complex will be 400,000 tonnes per year of copper, 200,000 tpy of zinc and 55,000 tpy of lead, the source said. The $2.8 billion project in Ras...Read More

First Quantum Minerals Ltd is planning to restart operations at its Las Cruces mill in Spain next month to process existing stockpiles and is awaiting approval to resume activities in part of the associated open-pit mine following a land slippage last week. Subject to regulatory approvals, the mill will resume "sometime in February," the Toronto, Canada-based company said. The stockpiles are lower...Read More

Cobalt prices slumped to near two-year lows last week before stabilizing after a psychological move through $20 per lb incited an improved level of spot inquiries. Fastmarkets' standard-grade cobalt price ended the week at $19-21.15 per lb, in-warehouse, compared with $19-21.40 per lb midweek. Prices had slumped by 9.5% two days earlier. Alloy-grade cobalt prices were slightly lower at $...Read More

Key data from the pricing sessions in London and Shanghai on Friday January 25.ChinaThe Chinese silicon fob price held steady in a quiet export market with few inquiries and only a little trade ahead of the looming Chinese New Year holiday (Feb 4-10).Prices have been underpinned by supply constraints, with some silicon refiners in southern China curbing production to avoid higher electricity...Read More

Turkish deep-sea scrap import prices have gone up after a large number of cargoes were booked from European, Baltic Sea and US origins, sources said on Monday January 28.Several deep-sea bookings from a variety of locations came to light late on Friday after the deadline for the indices that day.A steel mill in the Izmir region booked a European cargo, comprising 25,000 tonnes of HMS 1&2 (80:20) a...Read More

The copper scrap discount in January has narrowed month on month for Chinese imports, mainly due to limited scrap availability following a drop in copper's outright price.No 2 copper scrap, which includes birch and cliff of 94-96% copper content, was being sold into the country at a discount of 24-30 cents per lb this month, Fastmarkets assessed. The spreads are smaller compared to 26-34 cents per...Read More

Domestic scrap prices in Turkey have increased over the past seven days, in line with higher costs for imported scrap, sources said on Monday January 28.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) ferrous scrap was TRY1,500-1,660 ($284-315) per tonne delivered on January 28, rising from TRY1,450-1,630 per tonne last week.The change in the assessment came after some st...Read More

The Comex copper price failed to maintain last week's momentum over the weekend, with the market awaiting fresh news on US and Chinese trade talks.Copper for March settlement on the Comex division of the New York Mercantile Exchange fell 4.15 cents to trade at $2.6875 per lb on the morning of Monday January 28."Copper is trying to keep most of the gains...Read More

A summary of Imperial's production results for the year ended December 31, 2018 as well as its production target for 2019. IN BRIEF:The company is a Canada-based exploration, mine development and operating company. Through its subsidiaries, Imperial owns the Red Chris, Mount Polley and Huckleberry copper mines in British Columbia. It also holds a 50% interest in the Ruddock...Read More

The export market for flat steel from the Commonwealth of Independent States (CIS) was calm during the week ended Monday January 28, because mills stayed out of the market while mulling a price increase.Fastmarkets' weekly price assessment for CIS-origin exports of HRC was stable week on week at $445-465 per tonne fob Black Sea on January 28."Mills will come back to the market early this week. The...Read More

The import price for re-rolling-grade hot-rolled coil into Vietnam has risen in the past week on pre-holiday restocking and lower domestic supply. Fastmarkets MB's weekly import price assessment for HRC in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $495-500 per tonne cfr for the week ending Monday January 28, up $5-15 per ton...Read More