Recent News

Creating a More Competitive Film and Television Sector in Sudbury

March 05, 2020 / news.ontario.ca

SUDBURY - Ontario's government is supporting the film, television, music and tourism industries in Sudbury by investing over $8.5 million in 12 projects that will create jobs and boost the local economy.Greg Rickford, Minister of Energy, Northern Development and Mines, was at Science North today to announce the investment made through the Northern Ontario Heritage Fund Corporation (NOHFC) for the...Read More

RT @ValueTheMarkets: Global Energy Metals strengthens Millennium cobalt project financing with key royalty sale

March 05, 2020 / ow.ly

Global Energy Metals (TSX.V:GEMC) strengthened its financial position on Thursday with news of the sale of royalties over its cobalt projects in Australia....Read full newsRead More

C-Suite Pay Cuts Slam Virgin Galactic Stock

March 05, 2020 / www.schaeffersresearch.com

Virgin Galactic's CEO will take a 20% pay cut, while the executive team's wages will be reduced by 15%Buzzy space-exploration stock Virgin Galactic Holdings Inc (NYSE:SPCE) is getting hit today after MarketWatch reported that its CEO Shai Weiss will take a 20% pay cut. Meanwhile, the rest of the executive team's wages will be reduced by 15%, in order to field some of the $113 billion in losses the...Read More

Thursday on INK Ultra Money: The central banks' losing battle

March 05, 2020 / www.canadianinsider.com

Here is what's new today on INK Ultra Money. Canadian Insider Ultra Club members have access to both premium and free content. If you are asked to sign in, select Canadian Insider as your subscription website. If you are not a Canadian Insider Club Ultra member, get full access to Real Vision and INK Research premium videos by joining us.Click here to join us and use coupon code LION20 for 50% of...Read More

Dow Futures Nosedive as U.S. COVID-19 Cases Flare

March 05, 2020 / www.schaeffersresearch.com

Dow futures are signalling a roughly 600 point drop this morning It appears as if yesterday's Super Tuesday surge will be short-lived, with stock futures signaling significant drops this morning. Dow Jones Industrial Average (DJI) futures are eyeing a roughly 600 point tumble, paring a chunk of yesterday's massive quadruple-digit gains, whilethe S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) a...Read More

$FNJN - Finjan Holdings, Inc. (FNJN) CEO Phil Hartstein on Q4 2019 Results - Earnings Call Transcript....

March 05, 2020 / twitter.com

"$FNJN - Finjan Holdings, Inc. (FNJN) CEO Phil Hartstein on Q4 2019 Results - Earnings Call Transcript. https://t.co/oiMAPckTkJ #business #investing #stocks"Read full newsRead More

Pancon Executes Mining Lease with Option to Purchase the Former Brewer Gold Mine in South Carolina, USA

March 05, 2020 / dlvr.it

Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - Pancontinental Resources Corporation (TSXV: PUC) (Read full newsRead More

IN CASE YOU MISSED IT: 5 key stories from March 4

March 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 4 that are worth another look.Brazilian mining company Vale has decided to halt operations indefinitely at its Fazend??o iron ore mine in the south-eastern state of Minas Gerais, after an expansion permit was revoked in February by the local environmental development council.Market participants avoided sending aluminium fro...Read More

LIVE FUTURES REPORT 04/03: LME tin price up 1.4% to close above $17,000; zinc stays below $2,000

March 05, 2020 / www.metalbulletin.com

The three-month tin price on the London Metal Exchange topped the base-metals complex at the close of trading on Wednesday March 4, climbing by just over 1.4% to close at its highest level since January 23, but zinc futures failed to gather support over the afternoon.Tin's outright price on the LME closed at $16,925 per tonne, while the metal reached an intraday high of $17,160 per tonne but faile...Read More

Key takeaways from the International Copper Conference in Amsterdam

March 05, 2020 / www.metalbulletin.com

Conversations at Fastmarkets' International Copper Conference in Amsterdam, the Netherlands, on February 26-28 revolved around the impact of the novel coronavirus (2019-nCoV) on copper production and procurement chain, as well as logistics disruptions. Coronavirus spreads to Europe The event made use of technology to enable panelists from Italy's KME, Germany's Aurubis and China's Jiangxi Copper t...Read More

IN CASE YOU MISSED IT: 5 key stories from March 4

March 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 4 that are worth another look.Brazilian mining company Vale has decided to halt operations indefinitely at its Fazend??o iron ore mine in the south-eastern state of Minas Gerais, after an expansion permit was revoked in February by the local environmental development council.Market participants avoided sending aluminium fro...Read More

FOCUS: Europe's copper industry has bigger problems than coronavirus, say key players

March 05, 2020 / www.metalbulletin.com

For key market participants in Europe's struggling copper industry, the coronavirus (2019-nCoV) epidemic further limiting demand for products was the last thing they needed.Europe, typically, consumes 16% of all global refined copper, but endured a torrid 2019 when demand for the metal dropped significantly in several major economies.A reduced need for copper in the continent shaves yet more units...Read More

FOCUS: Alumina price uptrend in China likely to continue on slow output recovery

March 05, 2020 / www.metalbulletin.com

The price of alumina in China is likely to continue edging higher while refineries in the country struggle to ramp up production amid a shortage of raw materials due to the outbreak of novel coronavirus (2019-nCoV) at the beginning of the year, market sources told Fastmarkets. "Northern Chinese regions have removed almost 6 million tonnes of alumina production since the outbreak of the virus...Read More

IN CASE YOU MISSED IT: 5 key stories from March 4

March 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 4 that are worth another look.Brazilian mining company Vale has decided to halt operations indefinitely at its Fazend??o iron ore mine in the south-eastern state of Minas Gerais, after an expansion permit was revoked in February by the local environmental development council.Market participants avoided sending aluminium fro...Read More

Trade log March 2020: Cobalt

March 05, 2020 / www.metalbulletin.com

Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse 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, $/l...Read More

IN CASE YOU MISSED IT: 5 key stories from March 4

March 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 4 that are worth another look.Brazilian mining company Vale has decided to halt operations indefinitely at its Fazend??o iron ore mine in the south-eastern state of Minas Gerais, after an expansion permit was revoked in February by the local environmental development council.Market participants avoided sending aluminium fro...Read More

Key takeaways from the International Copper Conference in Amsterdam

March 05, 2020 / www.metalbulletin.com

Conversations at Fastmarkets' International Copper Conference in Amsterdam, the Netherlands, on February 26-28 revolved around the impact of the novel coronavirus (2019-nCoV) on copper production and procurement chain, as well as logistics disruptions. Coronavirus spreads to Europe The event made use of technology to enable panelists from Italy's KME, Germany's Aurubis and China's Jiangxi Copper t...Read More

DAILY SCRAP REPORT: Pause in trading expected to continue all week

March 05, 2020 / www.metalbulletin.com

There were new bookings reported in the Turkish deep-sea scrap market on Wednesday March 4, with steel mills expected to hold out until the end of the week, sources told Fastmarkets.The steel mills went quiet at the start of last week, after buying around 750,000 tonnes in February with no new cargoes booked so far in March.The last cargo reported sold, was on Monday February 24,&nb...Read More

MORNING VIEW: Broader markets mixed; western markets have delayed positive reaction to Fed rate cut

March 05, 2020 / www.metalbulletin.com

Broader markets are mixed this morning, Wednesday March 4, with markets in Asia generally weaker, while the London Metal Exchange base metals and western equities are recovering after having taken fright from the United States Federal Reserve's rate cut on Tuesday. The US central bank's emergency 50-basis-point rate cut led the Dow Jones Industrial Average (DJIA) to close down by 2.94% on Tuesday,...Read More

Trade log March 2020: Cobalt

March 05, 2020 / www.metalbulletin.com

Cobalt trade log including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are per lb on an in-warehouse 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, $/l...Read More

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