Several minor metals found support on Wednesday August 26 following price increases in China, with traders expecting higher replacement costs in the coming weeks despite consumers and demand not fully back in the spot market, Fastmarkets heard.The price of bismuth in Europe edged up over the assessment week, with traders that spoke to Fastmakets reporting difficulty finding available material in b...Read More
UK inter-merchant spot prices for light iron scrap were unchanged in the week to Friday August 28 due to the upcoming summer bank holiday in the country keeping trading quiet, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was ?95-105 ($125-138) per tonne on Friday, unchanged week on week.The market was qui...Read More
South Korean steel mills were able to secure deals for Japanese heavy scrap at largely stable prices over the past week, capitalizing on the mixed outlook in east Asian scrap markets.The direction of the Japanese market was unclear at the start of the week, sources said, with Turkey still absent from booking and a rising number of Japanese heavy scrap cargoes being offered.One Japanese trader told...Read More
Demand for ferrous scrap imports in the key Southeast Asian market of Vietnam remained firm in the week to Friday August 28.At least five cargoes totaling 20,000-30,000 tonnes of bulk Japanese H2 scrap were sold at $293, $294, $295, $296 and $298 per tonne cfr Vietnam."Many buyers who were hesitating last week finally entered the market and started buying," a Vietnamese trader told Fastmarkets on...Read More
The ongoing strong performance in India's ferro-chrome market has been a tailwind for the Japanese and South Korean markets, with suppliers pushing up their offer prices even though these had not yet fed into confirmed business, sources told Fastmarkets. Fastmarkets' fortnightly price assessment for ferro-chrome, high carbon, 57-65% Cr, cif dup Japan ticked up to $0.68-0.72 per lb on Thursday, up...Read More
Gold has turned out to be a safe haven during this pandemic. Along with technology, it is another investment that analysts are assessing for a bubble. Many experts are saying that gold is experiencing a bigger bubble than technology.Investors use gold to hedge against market volatility and inflation. The pandemic and resulting market chaos have quickly appreciated the market value of the gold comm...Read More
The coming chaos will cause fundamental changes in monetary policy, and central banks are going away. There will be a reversion back to market forces...Michael Oliver interviewed on Palisade RadioTom welcomes Michael Oliver back to the show. Michael discusses his book on Anarcho-Capitalism, which focuses on educating readers in Libertarianism and limited government principles. He discusses their a...Read More
Why have the miners lagged bullion prices, and will we see mining stock 10-baggers again?Gwen Preston with Chris Marcus of Arcadia EconomicsMany mining stock investors have heard the stories of how in past precious metals rallies, some of the stocks were 10-baggers, 20-baggers, or even 50 or 100-baggers. Meaning the stock value went up many multiples throughout the course of the rally.To find out...Read More
Society has a trust issue. It's why people stick with their tribe of choice on social media. It's why politics has become an "us or them" team sport over these past two decades or so. And it's why a growing number of people seem to treat scientific fact more like a suggestion. Increasingly, it's why gold is seeing a surge in popularity while everything else collapses around it. According to a...Read More
Canada Silver Cobalt (TSX-V: CCW) presents at the Proactive One2One Virtual ForumRead full newsRead More
Granada Gold Mine Inc. is pleased to announce that the Company haRead full newsRead More
Golden Arrow Resources Corporation is pleased to report that drilRead full newsRead More
In a pre-Jackson Hole interview, bond strategist George Goncalves paints a picture for bond bears that depicts how long-bond Treasury yields could head higher in the weeks ahead. While 2021 may well be a different story, the amount of Treasury supply about to hit the market may reveal a Fed that is willing to let the long end of the bond market steepen.That is a theme we have been discussing in o...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce it will be presenting at the LD 500 Virtual Conference on Friday, September 4th, at 6:20am PST / 9:20am EST. Daniel Kim, VP of Corporate Development, will be presenting to a live audience and taking 1-1 virtual meetings over the 4-day duration of the conference.Regist...Read More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company"), is pleased to announce that it has shipped DermSafe hand sanitizer in bulk supply of 200 kilograms to its distributor in Guangzhou, China. This shipment will help facilitate their development of a novel mechanism to dispense DermSafe using an individual use, unique delivery device. This relationship aims to advance th...Read More
In this week's free Insights newsletter, inflation-oriented stocks take a break after a strong run. Meanwhile, insiders shed some gold mining exposure in favour of builders. Finally, how our insider of the week might help get the TC Energy's Energy East Pipeline going again, and he is not even from the oil patch. Read the latest issue here. Read More
The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More
Gold climbed as investors weighed the impact of the Federal Reserve's new approach to setting U.S. monetary policy, with a more relaxed stance on inflation.Read full newsRead More
The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More
Here are five Fastmarkets stories you might have missed on Thursday August 27 that are worth another look.Domestic prices for hot-rolled coil in Northern Europe moved further up day on day on Thursday August 27, sources told Fastmarkets.Aluminium producers have begun their...Read More