Iron ore prices increased on Monday June 25 while lump premiums continued to rise amid ongoing restrictions on production in China's steelmaking hub of Tangshan.Metal Bulletin 62% Fe Iron Ore Index: $65.49 per tonne cfr Qingdao, up $0.15 per tonneMetal Bulletin 58% Fe Premium Index: $53.06 per tonne cfr Qingdao, down $0.51 per tonneMetal Bulletin 65% Fe Iron Ore Index: $89.60 per tonne cfr Qingdao...Read More
Seaborne coking coal prices continued to descend on Monday June 25 amid uncertainty over macroeconomic conditions in China and the availability of cheaper domestic materials in the country. A tender for a cargo of premium mid-vol hard coking coal was concluded last Friday at $200.06 per tonne cfr China, while a shipment of pulverized coal injection (PCI) product changed hands at $145.50 per tonne...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points in pre-opening trade. Futures are responding to rising concerns about a trade war. The U.S. Dollar Index moved lower.Harley Davidson dropped $0.71 to $43.45 after the European Union increased its tariffs on motor cycles from 6% to 31%.BlackBerry slipped $0.06 to $10.62 after MKM Partners lowered its target p...Read More
Restrictions on sintering and pellet output to reduce pollution in China, along with high mill margins, have led to iron ore pellet premiums rising as mills favour the least-polluting material tomaintain output and meet emissions targets.PelletsMetal Bulletin's 65% Fe Blast Furnace Pellet Index was at $114.48 per tonne for the week ending Friday June 22, up $2.44 per tonne - or 2.2% - from $112.04...Read More
Listen to this podcast on our site by clicking here or subscribe today by clicking here.Growth Versus Value InvestingThe Fed signaled four likely rate increases this year, instead of only three, and this is likely to have a meaningful impact on the yield curve and specific sectors of the market, Oppenheimer's Ari Wald recently explained on our Financial Sense Newhour podcast.The short end of the y...Read More
China's domestic rebar prices moved down further on Monday June 25 following a weakening of the billet and futures markets. Domestic Eastern China (Shanghai): 4,030-4,070 yuan ($619-626) per tonne, down 10 yuan per tonne Northern China (Beijing): 3,870-3,920 yuan per tonne, down 10 yuan per tonne Billet prices dropped sharply over the weekend due to soft demand. Rebar futures also continued last F...Read More
Chinese silicon export prices continued to fall amid thin buying appetite and a stronger dollar last week while the European market remained quiet. Metal Bulletin's Chinese grade 553 silicon metal export price dropped to $1,740-1,800 per tonne on Friday June 22, from $1,760-1,850 per tonne the week before. In China, continued environmental scrutiny has weakened demand from silicon metal consu...Read More
Swedish engineering group Sandvik has signed an agreement to sell its stainless wire business to Zapp Group. The deal includes the production unit in Sandviken, Sweden and the global sales organization, along with selected trademarks and patents and approximately 145 employees, the majority of which are in Sandviken. Revenues for the stainless wire business were 310 million SEK ($34.9 million) in...Read More
Amarillo Gold Corporation (TSXV:AGC.V) CFO Hemdat Sawh talks to Proactive about the company's new management team, new chief exploration geologist and developments at its Mara Rosa mine in Brazil.Read More
CALGARY, Alberta, June 25, 2018 (GLOBE NEWSWIRE) -- Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V:CUU) (OTC:CPFXF) is pleased to provide highlights of an updated compilation of exploration results for its 100% owned Mineral Mountain copper project located near Florence, Arizona (see news release dated April 30, 2018). The Mineral Mountain area was...Read More
China is working toward implementing a complete ban on imports of solid waste, including all metal scrap, by the end of 2020, the country's State Council said on Sunday June 24. The cabinet said the country vows to substantially cut the amount of solid waste imports and eventually prohibit its imports in less than two years' time in an attempt to reduce soil pollution caused by waste processing, a...Read More
Approximately 40 Denver-area middle school girls began a free, weeklong camp about science, technology, engineering and math (STEM) today, participating in the first-ever iteration of the GE Girls program at Colorado School of Mines.GE Girls is a program designed to spark girls' interest and enthusiasm in STEM fields through fun, hands-on activities led by role models in these fields. The first pr...Read More
In celebration of the one-year anniversary of GOAU, Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, sat down with ETF Trends publisher Tom Lydon to chat about the ETF, royalty companies and the impacts of inflation.Please consider carefully a fund's investment objectives, risks, charges and expenses. For this and other important information, obtain a statutory and summary...Read More
Will China hedge Congo Cobalt?Guest's website:https://secure.kaiserresearch.comProduced by https://www.HoweStreet.comDon't miss out - Stay Informed!Receive the HoweStreet.com Weekly Recap with thought provoking podcasts, radio and articles delivered to your inbox.Sign up for the HoweStreet.com Weekly Recap on the homepage at https://www.HoweStreet.comRead More
I tackle the bizarre 1991 fantasy-comedy "Highway To Hell", which despite the title, has nothing to do with AC/DC.Buy this movie on Amazon: https://amzn.to/2KiJxTs GET SOME GEAR: https://teespring.com/kaiju-criticSupport the show on Patreon: http://www.patreon.com/BrandonTenoldSupport me on Tad: http://givetad.com/BrandonTenoldTWITTER: http://twitter.com/BrandonTenoldFACEBOOK: http://www.facebook....Read More
Brandon Macdonald and Exploration Insights' Joe Mazumdar discuss Fireweed Zinc's Preliminary Economic Assessment (PEA) results at the May 2018 Metals Investor Forum in Vancouver.Read More
Jun 26, 2018 Guest(s): Thomas Horton VP, Project Development, Pembridge Resources Investors would do well to invest in copper at this time, according to Thomas Horton, VP of Project Development at Pembridge Resources. Copper is buoyed by supply constraints, strong demand, and a growing electric vehicle market, said Horton."The outlook looks great, and the cherry on top is electric vehicles (EV)....Read More
Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was Vice President of the American Economic Association in...Read More
Facebook continues to find new ways to invade your privacy: According to a recently filed patent, Facebook wants to spy on you by Continue...Read More
Continue...Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalizatio...Read More