Recent News

Venzee Reports Second Consecutive Month Exceeding Retail Channel Integration Targets - A Leading Indicator of Per-Channel Revenue Generation

August 20, 2020 / kincommunications.com

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), has added additional revenue-generating retail channels to its platform - outpacing internal growth targets and meeting client demand for digital integration across the valuable "last-mile" of global retail.According to Venzee CEO John Abrams, "We completed our pivot to a partner-driven selling model in the fir...Read More

Siyata Mobile Aligns with Vive Wireless and Receives Initial Purchase Order

August 20, 2020 / kincommunications.com

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce the Company has aligned with Vive Wireless, an Authorized Wireless Bell Dealer in Canada, to engage in multiple opportunities for the Uniden UV350 in conjunction with an initial purchase order from a leading Canadian construction company through Vive Wireless.Marc Seelenf...Read More

REFILE-GLOBAL MARKETS-Oil and stocks fall as markets still rattled by Fed minutes

August 20, 2020 / www.kitco.com

(Corrects spelling of name in paragraph 8) * Graphic: 2020 asset performance* Graphic: World FX rates in 2020* Reuters Live Markets blog: By Elizabeth HowcroftLONDON, Aug 20 (Reuters) - The Federal Reserve's doubts overthe U.S. economic recovery kept markets in the red on Thursday,even though European stock indexes spent the morning recoveringfrom initial losses.Wall Street was knocked from its re...Read More

RT @staunovo: U.S. eyes October deadline to end exemptions on #Venezuela oil sanctions #oott

August 20, 2020 / reut.rs

The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the South American producer's oil, two sources said, as Washington seeks to raise the heat on President Nicolas Maduro.Read full newsRead More

Opt for These Stocks as Buffett Buys Stakes in Gold Mining

August 20, 2020 / dlvr.it

The current economic uncertainty is shooting up the prices of gold, which bodes well for gold mining stocks.Read full newsRead More

IN CASE YOU MISSED IT: 5 key stories from August 19

August 20, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday August 19 that are worth another look.South African manganese alloys producer Transalloys will reduce its silico-manganese production by about 30% this year due to weakening market prices, it was revealed on August 19.The Madras...Read More

PEOPLE MOVES: Harry 'Red' Conger becomes Teck Resources COO

August 20, 2020 / www.metalbulletin.com

Harry "Red" Conger has been appointed as the executive vice president and chief operating officer (COO) of Teck Resources, effective September 1.Known throughout the mining industry as "Red," Conger will be responsible for all of Teck's mining and metallurgical operations, projects and joint ventures across the copper, zinc, steelmaking coal and energy business units. Read More

BASE METALS WARRANT REPORT 19/08

August 20, 2020 / www.metalbulletin.com

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 19.Please click...Read More

Court rejects Vedanta's plea to restart India's biggest copper smelter

August 20, 2020 / www.metalbulletin.com

The Madras High Court of India has rejected Vedanta's plea to restart its Tuticorin copper complex, which has been closed since 2018.The long-awaited verdict came on Tuesday August 19 to uphold an earlier decision to keep the 400,000 tonne-per-year copper complex in Tamil Nadu closed with no access to electricity. In 2018, 13 locals were killed in a shooting incident during a protest aga...Read More

GLOBAL NICKEL WRAP: Premiums in China fall after sellers lower offers to entice unwilling buyers

August 20, 2020 / www.metalbulletin.com

Nickel premiums in China were under pressure from lack of demand and lower offers in the week ended Tuesday August 18, while premiums in Europe and the United States were unchanged week on week. Premiums in China fall while nickel pig iron (NPI) and sulfate prices rise.  US, European premiums stay muted in traditional August trading lull. China nickel premiums fall on weak activity The nickel...Read More

NRW forecasts FY21 growth on strong orders, diversity

August 20, 2020 / www.mining-journal.com

ASX-listed NRW Holdings (NWH), among the world's biggest contract mining and engineering groups, says it has at least A$2 billion of work on order to underwrite another year of growth in FY2021.Read More

Alumina price edges up with market closely watching Alunorte disruption

August 20, 2020 / www.metalbulletin.com

The alumina market once again had all eyes focused on developments at Hydro's Alunorte refinery in Brazil on Wednesday August 19, and alumina prices are pushing higher again. Hydro announced last night that it had halted operation of the pipeline transporting bauxite from its Paragominas bauxite mine to Alunorte alumina refinery for extended maintenance. It means production has been temporari...Read More

IN CASE YOU MISSED IT: 5 key stories from August 19

August 20, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday August 19 that are worth another look.South African manganese alloys producer Transalloys will reduce its silico-manganese production by about 30% this year due to weakening market prices, it was revealed on August 19.The Madras...Read More

MINOR METALS MARKET REPORT 19/08: Antimony trioxide edges up, more higher offers heard

August 20, 2020 / www.metalbulletin.com

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

IN CASE YOU MISSED IT: 5 key stories from August 19

August 20, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday August 19 that are worth another look.South African manganese alloys producer Transalloys will reduce its silico-manganese production by about 30% this year due to weakening market prices, it was revealed on August 19.The Madras...Read More

DAILY STEEL SCRAP: Mills stay away from deep-sea markets amid weak finished long steel demand

August 20, 2020 / www.metalbulletin.com

The Turkish deep-sea scrap import market has remained quiet so far this week, with mills staying away due to weak finished long steel demand, sources said on Wednesday August 19.The country's steel producers halted their deep-sea bookings on August 7, when the price for HMS 1&2 (80:20) was $285 per tonne cfr for material from the United States and the Baltic Sea.Since then, no significan...Read More

JAPAN STEEL SCRAP: Jump in auction price drags up export offers

August 20, 2020 / www.metalbulletin.com

A sharp rise in the Kanto auction price and improved demand from South Korea helped Japanese export steel scrap prices rise over the last week, market sources told Fastmarkets on Wednesday August 19. Japan's monthly Kanto Tetsugen, which is an auction between a cooperative of scrap dealers in the Tokyo region, was moved back one week from its usual slot in the second Wednesday of the month due to...Read More

MORNING VIEW: LME base metals prices consolidate after Tuesday's breakaway gains, broader markets mixed

August 20, 2020 / www.metalbulletin.com

Most of the base metals on the London Metal Exchange were consolidating this morning, Wednesday August 19, after the majority of them extended gains on Tuesday; the exceptions were aluminium and tin, while copper was where the main action was this morning.The S&P 500 and Nasdaq established fresh record highs on Tuesday, while Asian-Pacific equities were mixed this morning.Gold prices are consolida...Read More

CHINA COBALT SNAPSHOT: Sulfate prices continue moderate downturn on weak demand

August 20, 2020 / www.metalbulletin.com

Key data from the Wednesday August 19 pricing session in Shanghai.Key drivers Spot cobalt metal prices in China continued to edge lower amid lackluster demand despite recent stability in local futures prices; consumers largely on the sidelines with adequate material on hand.Chinese cobalt tetroxide prices softened...Read More

FOCUS: Cobalt sulfate producers buy metal again after market reaches 'inflection point'

August 20, 2020 / www.metalbulletin.com

Tight intermediates availability and a rally in the cobalt hydroxide market brought cobalt metal back in favor with cobalt sulfate refineries looking to cut risk in their feedstock inflows in late July. Until then, cobalt hydroxide payables - the percentage of the metal price buyers pay sellers for cobalt intermediates - had been capped at 70% for at least a year and a half, reflecting ample suppl...Read More

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