Fastmarkets has decided to discontinue five precious metals price assessments from October 1, 2020, due to the limited liquidity of the markets in question and to focus on its core markets. The discontinuation follows a month-long consultation that started on July 7, 2020. The prices to be discontinued are as follows: Platinum min 99.9% Europe Free Market $ per troy oz in warehouse Palladium min 9...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves. Read More
A summary of stainless steel producer Outokumpu's results for the second quarter of 2020.In brief Weakening of global demand for stainless steel due to the Covid-19 pandemic dragged Outokumpu's earnings sharply downward in the second quarter. In Europe, the company's results were burdened by both lower deliveries and prices as well as high import levels from third countries, particularly from Asia...Read More
A roundup of layoff announcements contained in Worker Adjustment and Retraining Notice (WARN) Act letters filed to state labor agencies in the United States thus far this summer, including at least six full plant closures, indexed by sector:Aerospace: Boeing announced that 1,608 employees will be laid off at its operations in Puget Sound, Washington, effective October 2-28. Textron...Read More
The price uptrend for imported containerized ferrous scrap in key market Taiwan continued over the past week.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $255-257 per tonne on Friday August 7, unchanged from a day earlier but up by $7-8 per tonne from $248-249 per tonne cfr Taiwan on July 30.Transactions...Read More
Interest for deep-sea bulk cargoes of heavy melting scrap from the United States' West Coast returned this week in Vietnam, a key market in Asia, with a transaction involving 4,000 tonnes of HMS 1&2 (80:20) heard at $295 per tonne cfr.This is part of a bulk shipment that includes another 22,000 tonnes of shredded scrap priced at $297 per tonne cfr Vietnam and 4,000 tonnes of plate & structural (P&...Read More
Molybdenum prices rose in the United States and Europe after a flood disabled one of the world's top two molybdenum producers, Jinduicheng Molybdenum Co (JDC Moly), on Wednesday August 5 for what is said to be an indefinite period. A correction has...Read More
Hold on to those gold stocks. That’s the message this week, as the yellow metal continues its climb to record highs. Today we’ll take a quick look at some of the best stocks to either get you started or build larger positions in. But first let’s examine just how high gold prices could climb in the latter half of 2020.How high could gold climb in 2020?BofA Securities is calling US...Read More
Many regions of the world are confronting second waves of COVID-19 infections. Canada has done a relatively good job at keeping infection numbers low as the economy re-opens. However, a second wave of infections remains possible in Canada. Here are three stocks to buy if you are worried about a second wave of infections and a possible second shutdown of the economy.Hydro OneHydro One (TSX:H) is th...Read More
Many people, especially those who don’t put much stock in history, often classify gold only as a “precious metal,” where it sits neatly with platinum, silver, and palladium. But gold has always been so much more than that. It has been a symbol of wealth for millennia and has centuries of seniority over Fiat money. And unlike the currency, it actually does have intrinsic value.Des...Read More
Aurania Resources notes that this target is showing similarities to another more advanced one at the property. Kirus sample Y992012 with 1.6% copper and 39.6 g/t silverAurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB) announced in a news release that it encountered high-grade copper and silver over an extensive area at the Kirus target at its Lost Cities-Cutucu project in Ecuador. Kirus is 6 kilome...Read More
In May, a fleet of ships set sail for fuel-starved Venezuela with Iranian gasoline, stunning international observers who wondered if the two nations would so blatantly defy U.S. sanctions efforts in a Caribbean Sea patrolled by the U.S. Navy.Read full newsRead More
Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) ("Alianza" or the "Company") reports that the 2020 reverse-circulation ("RC") drilling program at the Horsethief Gold Property, Nevada has been completed. This work is funded by partner Hochschild Mining (US), a subsidiary of Hochschild Mining PLC ("Hochschild", LSE:HOC) under an option to earn a 60% interest in the [...]Read full newsRead More
Plant-based research, manufacturing and productsRead full newsRead More
FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE.CN) ("FSD Pharma" or the "Company") announces the closing of a previously announced agreement with investorsRead full newsRead More
Gatekeeper Receives Order to Equip School Buildings with Temperature Sensing System Abbotsford, BC - August 7, 2020 - Gatekeeper...Read full newsRead More
The U.S. EPA's Landfill Methane Outreach Program (LMOP) released a new report, "An Overview Of Renewable Natural Gas From Biogas," in July to provide biogas stakeholders and other interested parties with a resource to promote and potentially assist in the development of renewable natural gas (RNG) projects.Read full newsRead More
Straightup Resources (CSE:ST) has completed an initial field examination of its RLX North and RLX South properties.Read full newsRead More
Golden Arrow Resources (TSXV:GRG) has launched its campaign on the Investing News Network's resource channel.Read full newsRead More
Western Copper and Gold Corporation announces that it has filed aRead full newsRead More