Weakness in cobalt metal prices along with growing concerns of disruptions to downstream battery operations in South Korea amid an outbreak of novel coronavirus (2019-nCoV) are weighing heavily on the Chinese cobalt sulfate market.Fastmarkets' price assessment for cobalt sulfate 20.5% Co basis, exw China was 53,000-55,000 yuan ($7,615-7,903) per tonne on Wednesday March 4, a drop of 2,000 yuan per...Read More

Benchmark prices for cobalt metal and payables for intermediates are largely holding on to modest gains made in recent weeks, with sellers happy to hold out for higher numbers, despite only cautious restocking. Fastmarkets' cobalt hydroxide payable indicator min 30% Co, cif China held at 67-69.5% of the standard-grade cobalt price (low-end) on Wednesday March 4, where it has been since February 19...Read More

Trade log for cobalt sulfate in China including business, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co...Read More

Hey guys and gals,0:11 - Intro1:25 - Hole 1, Par 33:46 - Hole 2, Par 45:00 - Hole 3, Par 56:43 - Hole 4, Par 38:25 - Hole 5, Par 410:36 - Hole 6, Par 512:15 - Hole 7, Par 313:36 - Hole 8, Par 416:14 - Hole 9, Par 5Sign up for the best guides on the market www.patreon.com/golfclashtommyJoin our discord,https://discord.gg/VMU5EFCBECOME A MEMBER: https://www.youtube.com/channel/UCUKg...-CHECK OUT OUR...Read More

Please check out myt-shirts and support by purchasing https://shop.spreadshirt.com/kevinsco...Follow me on Twitter https://twitter.com/kevinellerbe32Minorities for Trump on Facebook:https://www.facebook.com/groups/13615...FaceBook https://www.facebook.com/senseoutofno...Read More

There was a moment at the start of the week when it looked as though the worst might be over. Last Friday, investors had rushed to liquidate everything from banks and retailers to energy stocks. The TSX was down, and even packed up altogether for half of Thursday after a glitch put it offline. Few stocks came out unscathed, with a taste for gold and selected healthcare stocks emerging.Stocks then...Read More

Image: Atlas Copco The Canadian province of Ontario has committed C$63.3 million (about $47m) over five years to the Next Generation Networks Program, which is working to develop world-leading technologies to make mining safer, smarter and more productive. Greg Rickford, Minister of Energy, Northern Development and Mines, announced the launch of the CENGN Smart Mining Testbed at NORCAT in Greate...Read More

Guardhat Safety Helmet (Courtesy of Guardhat) Wearables - clothing, gear and other accessories incorporating computer and advanced electronic equipment - are evolving into important tools in the mining industry, driven by a combination of technological progress and market demand, according to data analysis company Global Data. As declining ore reserves push mines to greater depths and to remote l...Read More

Dragon statue in Shanghai covered in coins by joelwillis In a new report, Fitch analysts are revising up their 2020 copper price forecast to $5,900/tonne from $5,700/tonne as they now expect increased stimulus from the Chinese government to lift prices higher over the back half of the year. The research firm expects copper sentiment to remain subdued in the short term, thus weighing on pri...Read More

Buck project area. (Image courtesy San Marco Resources). San Marco Resources (TSXV: SMN) received a 5-year, area-based exploration permit for the Buck gold/silver/zinc project, located in British Columbia, western Canada.In a press release, San Marco said the permit allows for substantial drilling on the property, which will help test the known mineralized footprint, as well as outline additional...Read More

(Image courtesy of Roskill). A new report by Roskill suggests that the rising CO2 compliance costs that original equipment manufacturers within the automobile industry are facing in some jurisdictions are set to create a price parity between fully electric vehicles (BEV) and their internal combustion engine (ICE) counterparts.According to Roskill, the emission caps that some countries are impleme...Read More

The company posted a full-year loss attributable to shareholders of US$230.4 million, including a $105 million non-cash impairment on the carrying value of Kinsevere's oxide-related assets.Read More

God bless the Russkies...Oil prices continued heading lower on Friday as OPEC failed to convince Russia to agree to the additional production cuts the cartel was hoping for.Reuters reported overnight that a "high-level Russian source" told the news agency, "Moscow would not back an OPEC call for extra reductions in oil output and would only agree to extending existing OPEC+ cuts."OPEC was reported...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 366,17346,44085,359178,134529,145629,666660,944 Change from Prior Reporting Period -23,166-7,034-5,3691,515-23,095-27,020-35,498 Traders 22457835854315168 Small Speculators LongShortOpen Interest 62,31931,041691,985 -13,912-5,434-40,932 non reportable pos...Read More

- Rob KirbyIt's the wee hours of Friday morning, March 6, 2020 and I am tuned in to Bloomberg "Surveillance" business news host Mr. [CFR] Tom Keene. Global equity markets are flat on their backs, crude oil prices are collapsing to multi year lows and the $US dollar looks like it's preparing to do a swan dive into the Hudson River. Thank god we have the likes of ole Tommy Keene and the rest...Read More

By: Gary SavageI want to add a quick note on the jobs report. Today's number is important in that if the government tries to fake a good number the market will probably lose all confidence in government statistics and likely react badly. There is no scenario where the number can be good as we have already been feeling the effects of the virus scare for a couple of months. A good number will be...Read More

By: Ira EpsteinRead More

Another tumultuous week inequity and interest rate markets has helped fuel a big pop in safe-haven demandfor gold and silver. The major market moving eventwas, of course, the Federal Reserve’s emergency rate cut on Tuesday. The Fedslashed its overnight funds rate by 50 basis points. But even before the Fedacted, the bond market had already forced its hand as yields on the 10-yearTreasury not...Read More

Yesterday, the Fed cut interest rates by 50 basis points. Not during a regular monetary policy meeting, but in a surprising move. But what are the implications for the gold market specifically?Fed Cuts Interest Rates in Emergency MoveLast week, I wrote that the spread of the new coronavirus to Europe and the inversion of the yield curve make “the Fed more likely to step in and cut the federa...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 366,17346,44085,359178,134529,145629,666660,944 Change from Prior Reporting Period -23,166-7,034-5,3691,515-23,095-27,020-35,498 Traders 22457835854315168 Small Speculators LongShortOpen Interest 62,31931,041691,985 -13,912-5,434-40,932 non reportable pos...Read More