Fastmarkets' seaborne premium hard coking coal cfr China index continued to edge up slightly on Tuesday July 21 after the latest transaction saw it rebound further from last week's perceived 'bottom'.Fastmarkets indicesPremium hard coking coal, fob DBCT: $108.26 per tonne, down $0.09 per tonne Premium hard coking coal, cfr Jingtang: $119.47 per tonne, up $0.91 per tonneHard coking coal,...Read More

Chinese hot-rolled coil importers are sourcing for cargoes from Vietnam amid domestic price increases, with interest for Indian products declining due to tensions between China and the South Asian country.DomesticEastern China (Shanghai): 3,950-3,970 yuan ($566-568) per tonne, up 50-60 yuan per tonneDomestic HRC prices surged on Wednesday July 22 amid increased liquidity in the market, which led s...Read More

The London Metal Exchange three-month base metals prices were predominantly subdued during morning trading on Wednesday July 22, with zinc futures leading the decline while fresh cancelations and a steady decline in the US dollar index did little to boost sentiment. LME zinc's outright price was recently at $2,189 per tonne, a decline of over 2.5% from a morning high of $2,263 per tonne, while tur...Read More

China's domestic rebar prices rose further on Wednesday July 22 on stronger demand following weather improvements in the eastern part of the country.Domestic Eastern China (Shanghai): 3,610-3,640 yuan ($518-522) per tonne, up by 30-40 yuan per tonneThe rainy season in the major markets of eastern China, such as Shanghai, Jiangsu and Zhejiang provinces came to an end in the last couple of days, acc...Read More

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. Read More

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. Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

Key data from the pricing session in Europe on Wednesday July 22.Key driversThe ferro-titanium market has dropped to a range last seen on February 3, 2017, when the assessed price was $3.70-4.10 per kg delivered. Depressed consumer demand for steel resulted in excess steel supply which, combined with the seasonal summer slowdown in heavy industry, led steel suppliers to get rid of their stocks. Th...Read More

The Northern Miner presents the top-10, U.S.-based mid-tier to junior companies, excluding coal and precious metals, by market capitalization, as of July 24, 2020.1. Compass MineralsMarket cap: US$1.8 billionCompass Minerals (NYSE: CMP) produces plant nutrients, salts and magnesium chloride for applications in industrial, agricultural, commercial and consumer markets, primarily in North America...Read More

Investing is hard. What makes it so difficult is the fact that you need to have a long-term plan and you need to stick with it for the long term. My biggest mistakes happen when I fail to stick to my plan. That’s right. When you decide you are going to invest as a contrarian, you need to put your plan into place with a small percentage of money and stay the course.A hard lessonThe best examp...Read More

MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Massive Canadian gold mine gets green light - Read moreTeck's Chile expansion delayed by up to six months - Read moreTesla offers "giant contract" to responsible nickel miners - Read morePentagon resumes rare earths funding program - Read moreMap shows global mining "relatively...Read More

I have stressed the fact that you don’t need a lot of cash to start investing. Even a small but regular investment in stocks with high-growth potential can help you build decent capital in the long run. So, if you’re new to the stock market and plan to start investing with smaller dollar amount stocks, consider buying these TSX stocks trading under $20.These companies have strong funda...Read More

Petra's South African operations have been severely hit by the pandemic. (Image of Koffiefontein mine. Courtesy of Petra Diamonds.) South Africa's Petra Diamonds (LON:PDL), which put itself up for sale in June, sold 23% fewer carats for 36% less revenue in the year to June 30, as the coronavirus pandemic wreaked havoc on an already struggling diamond industry.Petra, which has been hit by a tripl...Read More

Investing in a Tax-Free Savings Account (TFSA) ought to be a long-term endeavor. Being able to take advantage of tax-free capital appreciation and dividend growth is not something investors should put aside. Few things are more rewarding than seeing one’s TFSA balance increase it each year.As such, I’ve got three top picks every investor ought to consider in this current environment.Fo...Read More

Piling up gold. Image: Generation Grundeinkommen Gold rose for a fifth straight session on Thursday, reaching another nine-year high and approaching the $1,900/oz level, as rising geopolitical risks and a weakening US dollar continue to increase the metal's safe-haven appeal. Spot gold rose 1.2% to $1,894.70/oz by 11:45 EDT, its highest since September 2011. US gold futures for August delivery ad...Read More

Paying a meaty 8.8% dividend based on a share price of $17.42, Russel Metals (TSX:RUS) is one of the richest-yielding stocks on the TSX. A play for infrastructure, construction, and North American industry as a whole, this stock is more diversified than meets the eye. Here’s why Russel Metals is also a better pick for 2020 than nine out of 10 other high-yielding Canadian dividend stocks.Forg...Read More

Morenci mine, Arizona. Source: Flickr. Shares in US copper giant Freeport McMoRan (NYSE:FCX) declined by as much as 2.3% in New York trading on Thursday after the company released results that disappointed markets despite a swing to profit.The company announced net income attributable to common stock of $53 million, or 3 cents per share, in the second quarter, compared with a loss of $72 million,...Read More

Bob Moriarty ArchivesJul 23, 2020At the point where you start believing you are smarter than the market, it will whip your donkey. Brains are not the same as a bull market. But even in the bullish of bull markets there will be corrections. We are near a correction in the metals.I’ve never understood how the “Experts” insist on confusing just who it is that moves markets. The comm...Read More

Share this articleTeck Resources Ltd. saw profits fall by 165 per cent last quarter as the COVID-19 pandemic dented demand for its commodities and slashed prices.The second quarter yielded a loss of $149 million for the Vancouver-based miner, which was forced to shut down operations and halt construction at some sites.All mines are now producing, and the company has issued an updated guidance a...Read More

I have a friend who is an adult film star.She's been in the business for about 15 years, doing photo shoots, video shoots, live appearances, and even hosting a radio show on SiriusXM. She's developed a loyal following over the years and has made a decent living. She's also invested a lot of her money - mostly in my stock picks. Most notably, Canopy Growth Corporation (TSX: WEED), which turned h...Read More