Cobalt metal prices in China rose by 2% in the first half of this week, with sentiment improving amid growing expectations of further stimulus measures being announced during the Chinese People's Political Consultative Conference (CPPCC) on Thursday May 21 and the National People's Congress (NPC) on Friday. Fastmarkets' price assessment for cobalt 99.8% Co min, ex-works China was 245,000-255,000 y...Read More
China's leading stainless steel producer, Tsingshan Group, has raised its ferro-chrome tender price for June delivery by 500 yuan ($70) per tonne month on month.The move has come with the prices for chrome ore and imported charge chrome both surging on supply tightness created by the measures used to try to control the outbreak of Covid-19 in South Africa.The mill, whose base is in Eastern China,...Read More
Chinese stainless steel prices were mostly stable over the past week despite sluggish buying interest, sources told Fastmarkets on Wednesday May 20.Market participants said producers were unwilling to provide significant discounts due to the higher cost of raw materials, particularly nickel, a major component of stainless steel.The three-month nickel contract on the London Metal Exchange has avera...Read More
"Shark Tank" investor Kevin O'Leary takes a look at how real estate investor and YouTube star Graham Stephan handles his money. The 30-year-old earned more than $1.6 million last year and saved about 99% of it. What's your budget breakdown? Share your story with us for a chance to be featured in a future installment. https://cnb.cx/32TYZ2KWatch more Millennial Money here: https://bit.ly/2ziJXZLFor...Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Hope you like my debut part "ANIMAL"!Filmed x Edited by: Andrew van der WaltAdditional filming & Photo by: Grant MclachlanRead More
Ari Ben-Menashe moved in the highest circles of Israeli intelligence and knew Epstein and Maxwell. Ari's book on Amazon USA: https://www.amazon.com/Profits-War-In... Amazon UK: https://www.amazon.co.uk/Profits-War-...From 1977 to 1987, Ari Ben-Menashe moved in the highest circles of international espionage. The mysterious Iranian-born Israeli businessman worked for Israeli military intelligence fr...Read More
The market may be rallying, but will it last? Investors have been given some tough choices in the last couple of months. Safety and stability are certainly hard to come by in 2020. However, from blue-chip bankers to an overlooked energy investment theme, here are two ways to pack long-term wealth creation in a TSX portfolio.The case for Big Five bank stocksBanks are likely to continue to be underv...Read More
Tectonic Metals Vice President of Exploration Eric Buitenhuis prospecting the Seventymile gold property in Alaska. (Photo courtesy Tectonic Metals) After its $520 million exit in 2016, the core team that found, developed and sold the Coffee Gold project in Yukon to Goldcorp Inc. (TSX:G) took a breather, and then regrouped.Eira Thomas, one of Kaminak Gold Corp.'s executives, took on the CEO job at...Read More
Red metal back in the red Industrial metals fell back on Friday as warnings about rising tensions between the world's two largest economies overshadowed a massive economic stimulus announced by Beijing, the world's top commodities consumer.Copper trading in New York fell by 3.6% to $2.37 a pound ($5,225 a tonne) in lunchtime trade, halting a rally that saw the bellwether metal gain nearly 20% fro...Read More
Digital rendition of a mining operation in space. (Source: Mine Stories) Both interest in and financial commitments to space activities, in particular around the moon, by governments, space agencies and the private sector have surged in recent years.The asteroid mining market is already valued at up to trillions of dollars, but a single drill from earth has yet to make it to space.While space mi...Read More
The now closed open-pit at the Mir mine in the city of Mirny, Yakutia. (Image courtesy of ALROSA.) Alrosa announced on Friday that it was cutting its 2020 output to between 28 and 31 million carats in response to the crisis unfolding in the global rough and polished diamonds market.The world's top diamond producer by output had set initial guidance of 34 million carats for the year."The coronavi...Read More
The world's first heavy duty 4? 4 off road bus, Praetorian is designed to transport personnel and equipment across rough ground and in tough conditions. (Credit: Torsus) The world's first heavy duty 4? 4 off road bus, the Torsus Praetorian, has been awarded the Red Dot Award in the Product Design 2020 category.Designed to transport personnel and equipment safely across rough ground and in tough...Read More
Albanese was speaking on a webinar panel moderated by Mining Journal and hosted by the Singapore Stock Exchange.Read More
The iron ore price rose as high as $98/t this week on the recovery in China and concerns about Brazil's rising cases of COVID-19.Read More
Share this articleCALGARY - The owner of the Ekati diamond mine is proposing a transaction that would allow it to exit court protection from creditors, provide short-term operating funds and allow it to eventually restart the suspended mine.Dominion Diamond Mines ULC says it has signed a letter of intent with an affiliate of The Washington Companies under which an entity to be managed by Wa...Read More
I'm willing to bet you know someone who recently got pregnant.And if not, you know someone who knows someone who recently got pregnant.How would I know that? Well, it's pretty simple...The combination of months-long lockdowns and disruptions to health services and access to contraceptives during the COVID-19 pandemic has created a perfect storm for new pregnancies.You know how it works: isolated a...Read More
By Jordan Roy-ByrneThe precious metals sector may have begun a correction on Wednesday. The miners (GDX, GDXJ) sold off after reaching significant resistance levels while the metals are trading just below significant resistance levels. We mentioned these targets in our article last week.GDXJ has pulled back a bit after testing 7-year resistance while GDX has pulled back after hitting a key piv...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort295,39443,60639,245133,715423,889468,354506,740Change from Prior Reporting Period 17,6238,6634,0877,69219,33329,40232,083Traders22060846060318172 Small Speculators (C) GoldSeek.com LongShortOpen Interest 59,85121,465528,205 2,064-61731,466 non reportable positionsChange from t...Read More
The mid-tier gold miners in the sweet spot for stock-price upside potential have enjoyed a massive run since mid-March's stock-panic lows. They've already more than doubled in the couple months since! Their just-released Q1'20 operational and financial results reveal whether these huge gains are righteous fundamentally, whether this uptrend is likely to persist, and how COVID-19 shutdowns ar...Read More