An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday November 18.Key drivers The ferro-titanium spot price in Europe increased, marking 13 weeks of persistent increases in line with scrap tightness and renewed demand from consumers in the steel sector.Suppliers reported deals done, or heard, for more than 500 tonnes of standard-grade ferro-titanium for prompt shipment, with a couple o...Read More
The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it...Read More
The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt...Read More
The cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt hydroxide p...Read More
Key data from Fastmarkets' pricing session in China on Wednesday November 18. Key drivers Several major suppliers held back from offering, thus tightening the supply of spot material.Consumers with solid demand but limited raw material stocks had to accept much higher prices to meet their prompt production needs. Key quotes"We have received a large number of inquiries...Read More
The South African chrome ore market dipped in the week ended Tuesday November 17 in response to the availability of ample material in China.Fastmarkets' chrome ore South Africa UG2 concentrates index, basis 42%, cif China, was $134 per tonne on Tuesday, down by $2 per tonne (1.5%) from $136 per tonne a week earlier."The decrease in ferro-chrome tender pricing, coupled with a wave of new offers fro...Read More
Warren Buffett shocked the investing world in the late summer when it was revealed that his company Berkshire Hathaway had acquired a $500 million stake in Barrick Gold (TSX:ABX)(NYSE:GOLD). Historically, Buffett has not been a strong advocate for the yellow metal. On the contrary, he has consistently recommended that investors seek exposure to mainline blue chips over gold and silver. In 2020, th...Read More
Uncertainty in the markets can cause investors to make snap decisions. The U.S. election saw the markets flipflop as the democrat landslide failed to materialize. While Joe Biden has since emerged as as the president-elect, the politics of our southerly neighbours remain starkly divided. The pandemic has also thrown mixed messages into the news cycle, with rising cases pitched against vaccine hope...Read More
Bob Moriarty ArchivesNov 19, 2020We are still in the correction that I correctly called a few months ago but kept thinking it was near an end. Clearly it is not ended and given that tax loss selling will be kicking in for the next month, look for a DSI of 10 or below and a low between Dec 15th and Jan 15th. Amex Exploration (AMX-V) is another of the typical companies that I keep seeing that has ex...Read More
The global tally is above 56.1 million cases, with almost 11.5 million in the US, according to Johns Hopkins University today.In commodities, the zinc price has continued to strengthen, buoyed by the strong steel market and a supply disruption, with Vedanta Zinc International suspending its flagship Gamsberg mine in South Africa after 10 workers were trapped on Tuesday.Eight have since been rescue...Read More
The approval secures the jobs of about 1100 employees and contractors.Read More
Share this article Integra Resources Corp. [ITR-TSXV; IRRZF-OTCQB] on Thursday November 19 released a series of high-grade gold-silver assays from the 2020 drill program in the War Eagle Mountain area near the company's DeLamar Gold and Silver Project in southwestern Idaho.Highlights include 24.20 g/t gold and 655.06 g/t silver over 7.62 metres north of 2019 drilling at War Eagle."The drill res...Read More
Nickel Creek Platinum Corp. (TSX: NCP; OTCQB: NCPCF) envisions becoming a leading North American producer of nickel, copper, cobalt and PGMs, through their wholly owned, large, undeveloped Nickel Sh??w Project, located in the favorable mining jurisdiction of the Yukon Territory, with exceptional access to infrastructure, including the paved Alaska Highway, which provides year-round access to deep-...Read More
For 18 years, Chad Kuske was an active duty Navy SEAL.If you know anything about the SEALs, you know these guys are about as tough as they come.Every year, only about 1,000 recruits actually even make it to SEAL training. And of those recruits, maybe 250 successfully complete that training.The mental and physical endurance necessary to even become a SEAL is something most folks simply don't have a...Read More
Aurania Resources' large land package in Ecuador has never been explored with modern methods. Historians know that there were seven Spanish colonial era gold mines in present-day Ecuador, but only five of them have been located. Dr. Keith Barron, chairman and CEO of Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB), dreams of finding those two "Lost Cities." So far, he hasn't succeeded, but he has...Read More
It was only afterhe entered politics that President Donald Trump began to fully grasp the bias, dishonesty,and fakeness that runs throughout the so-called mainstream media.Butgold bugs and sound money advocates have long known to distrust the reportingof establishment news sources.Journalists’anti-gold and anti-Trump biases c...Read More
Rising expectations for holiday season despite surge in Covid-19. US retail sales +5.7% in Oct. Digital driving growth in US and China: Walmart 3Q e-commerce +79% and Alibaba's 11/11 Singles' Day sales +26% to record $74B. Polished trading slow as Indian suppliers take Diwali vacation. Jewelers making final holiday orders. Steady demand for 1 to 2 ct., G-H, VS-SI goods in bridal category. Positive...Read More
RAPAPORT... Swiss watch exports saw their ninth consecutive monthly decline as US orders slipped and a fresh wave of European lockdowns cast a cloud over demand in the region.Global shipments fell 7% to CHF 1.88 billion ($2.07 billion) in October, the gentlest fall since February, the Federation of the Swiss Watch Industry reported Thursday. Exports to the US fell 5% to CHF 215.9 million ($23...Read More
RAPAPORT... Sales of personal luxury goods will fall 23% this year, the first decrease since 2009, and are unlikely to recover for at least two years, Bain & Company predicted.Total sales for the category will drop to EUR 217 billion ($257.47 billion) in 2020 as the coronavirus pandemic shut stores around the world, Bain forecast Wednesday in its global luxury report. That represents the steep...Read More