Stainless steel prices in China kept dropping over the past week because sellers sought to generate more sales to draw down their inventories amid a bearish outlook caused by the Covid-19 pandemic.Nickel prices on the London Metal Exchange edged on but are still around their lowest in the past year-and-a-half, which put additional pressure on stainless steel prices.The three-month nickel contract...Read More
Base metals prices on the Shanghai Futures Exchange were mixed during the morning trading session on Thursday April 2, with the complex pressured by rising risk-off sentiment due to the ongoing Covid-19 pandemic."Selling returned to commodity markets as investors grappled with the long-term economic implications of the pandemic," Daniel Been, head of foreign exchange strategy at ANZ Bank, said in...Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse (in-whs) basis. Delivered prices are netted back. Fastmarkets prices Click here for Fastmarkets' price assessment for standard-grade cobalt, in-whs Rotterdam, $/lb. Click here for Fastmarkets' price assessment for alloy-grade cobalt, in-whs Rotterdam, $/lb...Read More
Minor metals and ores and alloys producers that rely on shipping routes out of South Africa are warning that practical barriers to producing and transporting material outweigh any technical green light to export, amid conflicting instructions from the country's authorities. A notice from South African Maritime Safety Authority (SAMSA) caused widespread confusion on Tuesday by saying mineral export...Read More
The latest selenium transactions, bids, offers and assessments in Europe reported to Fastmarkets.Unless otherwise stated, all prices are per lb and on an in-warehouse Rotterdam basis. Delivered prices are netted back.To view the latest price assessment for selenium, 99.5% Se min, in-whs Rotterdam, click here.To see all Fastmarkets'...Read More
The European charge and high-carbon ferro-chrome benchmark settlement remains under review for the second quarter of 2020, a leading ferro-chrome producer said. Merafe Resources, which operates the Glencore-Merafe Chrome Venture in South Africa with trader-miner Glencore provided an update on Thursday April 2 of the impact of the Covid-19 pandemic on its operations. The benchmark is settled every...Read More
Changes in the Asian ferrous scrap trade flows have seen imports in Taiwan and Vietnam shrink in 2019, but both territories raised their intake of Japanese material after exporters in Japan lowered their prices to generate more sales abroad on weakening domestic demand.Vietnam's scrap imports fell 1.1% to 5.58 million tonnes last year, but Japan-origin volumes to the country rose by 41.4% to 2.19...Read More
2020.04.04.SAT.6PM (KST)BIGONE & Tommy Strate EP [Flame Blossom]1. f?(TM)?ckproduced. Tommy Stratelyrics. BIGONE, Tommy Stratemix & mastered. Tommy StratePresented by @bigoneisthename @tommystrate_Director of Photography. @yvngwing94 Assistant Camera@ihave_freckles@4kgold@made_in_peakleGaffer. @ihave_frecklesFilm Edit. @yvngwing94Title. @rowdee38 Starring.@_quaka_@queenzi_koreawhine@honeydew_kore...Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Full speed ahead to hyperinflation city.Congress passed a 2.2 trillion dollar bill and already want more.Employment is a hazard. Unemployment may become a gravy train.Inflationary pressure mounting as companies retool their factories to make masks, ventilators, sanitizer, and other coronavirus related products.Donald Trump is now the president of the United States AND the chairman of the Federal R...Read More
Message proph?(C)tique pour l'Eglise avec un grand E, c'est ? dire ? TOUTES les pierres vivantes du corps de Christ. Allan RichSoyez s?>>r d'??tre sauv?(C) MAINTENANT: https://www.youtube.com/playlist?list... T?(C)moignage de Allan Rich https://www.youtube.comPlaylist sur le sujet du coronavirus: https://www.youtube.com/playlist?list...Nouvelles r??gles concernant vos commentaires sur les vid?(C...Read More
Gold miners' stocks have endured epic volatility in this past month, literally crashing before blasting back higher in a violent V-bounce. That preceding wicked capitulation flush savagely forced the weak hands out, paving the way for gold stocks' next major upleg. The resulting fierce rebound signals it is already underway, with plenty of speculators and investors now chasing the huge gains this...Read More
A recovery seems to be in store for one gold miner in the weeks to come. The name is not Barrick Gold — the world’s largest gold producer. Investors should include Vancouver-based Sandstorm Gold (TSX:SSL)(NYSE:SAND) in their watch lists during this period of heightened volatility.Smooth operatorWith the COVID-19 scare, investors are again searching to invest in safe-haven assets like g...Read More
Stock image. While in 2020 most miners will focus on operational safety and the health of their employees through minimising risks of covid-19 spread in their mines, Fitch Solutions analysts point out that miners will once again focus on improving efficiency and cutting costs once the pandemic clears. Australia will spearhead the global as well as Asian miners' race to use technology to cut costs...Read More
Guanajuato Mine Complex. (Image courtesy of Great Panther Mining). Great Panther (NYSE: GPL; TSX: GPR) has suspended mining and processing activities at the Guanajuato and Topia mines in Mexico until April 30 in compliance with the government directive to mitigate the spread of covid-19. The miner has begun ramping down activities at both mines and will retain only essential personnel during th...Read More
Nevada. (Image in the Public Domain taken from Piqsels). Nevada Gold Mines has announced measures to provide financial and logistical support to mitigate the impact of the covid-19 pandemic on local communities.At the state level, the company has committed an initial $1.5 million to the Nevada covid-19 Response, Relief and Recovery Task Force, as well as offering to support the effort through it...Read More
Bingham Canyon mine. (Image: Wikimedia Commons) The world's number two miner, Rio Tinto, (ASX:RIO) said it has invoked force majeure on contracts at its Kennecott copper operation near Salt Lake City, Utah following an earthquake last month.Kennecott copper mine and smelter was shut down following a 5.7 magnitude earthquake close to the town of Magna on March 18. There were no injuries and Rio at...Read More
Oyu Tolgoi copper-gold-silver mine. (Image courtesy of Rio Tinto.) Rio Tinto (ASX, LON, NYSE: RIO) is facing a new setback at its giant copper project in Mongolia with a large investor demanding a shakeup at the Oyu Tolgoi operation over what it claims is "a massive devaluation" of the asset.US hedge fund Pentwater Capital wants the designation of a new independent director to represent the inte...Read More
Gold miners' stocks have endured epic volatility in this past month, literally crashing before blasting back higher in a violent V-bounce. That preceding wicked capitulation flush savagely forced the weak hands out, paving the way for gold stocks' next major upleg. The resulting fierce rebound signals it is already underway, with plenty of speculators and investors now chasing the huge gains this...Read More