Recent News

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

August 14, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt standard grade, in-whs Rotterdam at $15.05-15.30...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

August 14, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets...Read More

South32 to sell Temco manganese alloy smelter to GFG Alliance

August 14, 2020 / www.metalbulletin.com

Western Australia-based miner South32 will sell its entire stake in manganese alloy smelter Tasmanian Electro Metallurgical Co (Temco) to UK-based conglomerate GFG Alliance, it said on Thursday August 13.The miner - which is listed on the stock exchanges in London, Australia and Johannesburg - owns manganese ore and alloy assets in South Africa and Australia through its stake in Samancor Manganese...Read More

FERRO-TITANIUM SNAPSHOT: Weak consumer demand, Covid-19 uncertainty push prices down

August 14, 2020 / www.metalbulletin.com

Key data from the pricing session in Europe on Wednesday August 12.Key drivers The ferro-titanium market fell by 8.3% to reach its lowest level since January 16, 2017 - when the market was trading at $3.30-3.50 per kg - after three consecutive weeks of stable prices. Business was concluded in the new range but liquidity remains...Read More

CHINA GALLIUM SNAPSHOT: Price jumps amid continued rise in offers; buying interest recedes

August 14, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in China on Wednesday August 12. Key driversProducers in China continued to increase their offer prices this week after noticing that previously raised offers were accepted by buyers last week.But the continued rise in spot prices this week stifled some buying interest, according to market sources.Reduced supply in the spot market was cited as one of the...Read More

MORNING VIEW: Metals consolidate while traders await developments on US-China trade, US stimulus

August 14, 2020 / www.metalbulletin.com

Markets across the board were in consolidation mode this morning, Thursday August 13, with metals and Asian-Pacific equities mixed, while pre-market major western equity index futures were weaker. Traders seem to be waiting to see if US Congress can agree on a pandemic recovery fund and how the United States-China trade talks go this weekend when they review the phase one trade deal. High volumes...Read More

INTERVIEW: Greatpower chief says trading background gives it edge

August 14, 2020 / www.metalbulletin.com

Greatpower Technology Co's background in trading has made it more flexible in its operations and sensitive toward prices as a producer of nickel and cobalt, which will benefit it in the longer term, its president, Aaron Cao, said in a recent interview with Fastmarkets."Due to our trader origins, there were some obstacles when we initially transitioned to becoming a producer because downstream cons...Read More

China's stainless steel prices keep rising despite weaker demand

August 14, 2020 / www.metalbulletin.com

China's domestic and export prices for stainless steel maintained their upward trend over the past week despite lower demand than the preceding week.Nickel losses since last Friday sapped demand for stainless steel products, market sources said.The three-month nickel contract on the London Metal Exchange ended Tuesday August 11's official trading session at $14,185 per tonne, down by $248 per tonn...Read More

Shandong Gold calls on Canadian gov't to approve TMAC purchase

August 14, 2020 / www.northernminer.com

Shandong Gold Mining, one of China's top bullion miners, said its acquisition of a Canadian junior that owns the massive Hope Bay property in Nunavut should be approved for economic reasons.In May, the Chinese state-controlled miner signed a US$149 million deal to buy struggling TMAC Resources (TSX: TMR). The company, which went public in 2015, had seen its shares fall from a peak of C$10.77 in 20...Read More

These 2 Fired Up Small-Cap TSX Stocks Could Make You a Fortune

August 14, 2020 / www.fool.ca

Small-cap TSX stocks have notably outperformed their larger counterparts in the recent rally. Canadian shares at large have soared almost 50%, while the small-cap index has gained over 80% in the last four months. Let’s discuss two small-cap TSX stocks that have thrashed peers.Top TSX stock: Major Drilling GroupThe $500 million Major Drilling Group (TSX:MDI) offers mining and contract drilli...Read More

3 Recession-Resistant Stocks to Buy and Hold

August 14, 2020 / www.fool.ca

The resurgent virus and the uncertainty gripping the economy indicate that we are heading toward a recession. With an expected slowdown in the economy, it’s time to invest in stocks that are highly recession-resistant and offer steady growth. Here are three such names you can consider buying now.Kinross Gold As the threat of recession looms large, don’t forget to invest in the shares o...Read More

Buy Alert: The Top Tech and Gold Picks to Beat the Market

August 14, 2020 / www.fool.ca

In many ways, the gyrations of financial markets right now make no sense. I am still shocked by the speed and scale of the recovery we’ve seen in stock markets in Canada and around the world. That said, investors who have stayed invested and ridden their long-term strategy out have performed quite well.In this article, I’m going to discuss two stocks I see as outperforming over the nex...Read More

If You Invested $1,000 In Kirkland Gold (TSX:KL) Stock 5 Years Back, Here's What You'd Have Now!

August 14, 2020 / www.fool.ca

Gold stocks have created massive wealth for investors in the recent past. Further, with the economy going for a toss amid the COVID-19 pandemic, people are looking to invest in gold mining companies such as Kirkland Gold (TSX:KL)(NYSE:KL) that are largely considered recession-proof.Shares of Kirkland Gold have returned 2,650% in the last five years. The stock has risen from $3 in August 2015 to it...Read More

3 TSX Stocks Under $20 That Could Double Your Money

August 14, 2020 / www.fool.ca

You don’t need a considerable amount of money to start investing in the stock market. Even with small but regular investments, you can build a decent capital for your future. In this article, we will look at three stocks that are currently trading under $20 but can double in over the next three years.Absolute SoftwareMy first pick is Absolute Software (TSX:ABT), which provides managemen...Read More

Market Crash 2020: 3 Key Strategies to Save Your Portfolio and Come Out Ahead

August 14, 2020 / www.fool.ca

This recent market reset has raised many eyebrows. Investors who sold on the down swing and failed to time the bottom may have actually lost money in an effort to time the market. This is a case study in why staying invested in good times and in bad is important.Many investors are concerned about another leg down in the coming quarters but want to say invested. For these investors, I’d sugge...Read More

Gates and Fauci Belong in Prison for Murder

August 14, 2020 / www.321gold.com

Bob Moriarty ArchivesAug 14, 2020Depending on which liars you listen to, we have had the Wuhan/Covid 19 flu for about 9 months. In that time we should have learned a lot. The quality of our data should be better now than it was back in February/March. Alas I think the opposite is true. We are being lied to more and more every day.There is some kind of flu that probably came from Wuhan that may or...Read More

Iluka moves on royalty demerger

August 14, 2020 / www.mining-journal.com

The MAC royalty generated EBITDA of $48 million in the June half, up 16% due to strong iron ore prices. The new business has been named Deterra Royalties.Read More

It Was Run by Crooks - Now It's Bigger Than AI

August 14, 2020 / www.energyandcapital.com

What's your biggest fear?Snakes? Spiders? Sharks?Heights? Clowns? Airplane crashes?Public speaking? Heart Disease? Wolverines?Think of your biggest fear and hold it in your mind for a moment.(And email me if your greatest fear is in fact wolverines... because I have a lot of questions, beginning with why you are around wolverines in the first place.)Whatever you're thinking of right now can most l...Read More

Gold Company Closes Two Property Sales, Keeps Exploring Idaho Project

August 14, 2020 / www.theaureport.com

Liberty Gold continues two drill programs at its flagship Black Pine project in Idaho. Liberty Gold Black PineLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) recapped in a news release its financial and exploration events during the first six months of calendar year 2020. The Vancouver-headquartered company closed the sale of its Halila??a porphyry copper-gold deposit in Turkey and for it received the...Read More

Silver May Be Overextended - But It's STILL Cheap / Commodities / Gold & Silver 2020

August 14, 2020 / www.marketoracle.co.uk

Silverpricesaren’t just rising; they’re erupting!Silver has been ascendingat a far steeper rate than the climactic move of 2010-2011 which brieflybrought prices back up to all-time nominal highs.Adding a 20-week rate ofchange (ROC) indicator to the silver futures chart below shows prices gaining122.4% over that period – far exceeding the rate of ascent of the last bigsilver spike...Read More

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