Copper futures on the London Metal Exchange rose in morning trading on Wednesday March 4, after fresh cancellations showed up in the 09:00am stock reporting.At $5,715 per tonne, the LME three-month copper contract is up by $55 on yesterday's 7pm closing price.Some 13,125 tonnes of copper was freshly cancelled, following 17,000 tonnes on Tuesday and a 61,175-tonne inflow on Wednesday February 26.St...Read More
China's domestic rebar prices were mixed on Wednesday March 4, with those in the east of the country edging higher while those in the north moved down slightly on different trading activity.Eastern China (Shanghai): 3,420-3,440 yuan ($493-496) per tonne, narrowed upward by 20 yuan per tonne Northern China (Beijing): 3,280-3,320 yuan per tonne, down 10-20 yuan per tonneIn eastern China, some tradin...Read More
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
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
An overview of the minor metals markets and the reasons behind the latest price moves.Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday March 4. Key drivers: Prices move into March unchanged after four weeks, although participants report signs of renewed demand for second-quarter settlements from consumers in the steel sector.European suppliers expected to push...Read More
Production of nickel-cobalt-manganese (NCM) lithium-ion batteries at South Korean battery maker LG Chem is not being affected by supply disruptions at L&F, one of its local cathode materials suppliers, a company source told Fastmarkets."L&F is not a major supplier to LG Chem," the source said. "LG Chem's own battery cathode operations can make up for the disrupted feedstock supply at L&F."Located...Read More
The Chinese ferro-silicon price continued to fall in the week to Wednesday March 4 due to high stocks and worsening magnesium price performance. Fastmarkets' price assessment for ferro-silicon 75% Si min, in-whs China was 5,800-6,000 yuan ($837-866) per tonne on Wednesday, down by 7.6% at the midpoint from 6,300-6,400 in the previous week. "The price has fallen back to where it was before the...Read More
A buildup of manganese ore at Chinese ports is set to escalate in the coming weeks when a jump in fresh imports adds to a spillover of material into minor ports, manganese market sources predict. Manganese ore stocks in main Chinese ports stand at 4.64-4.85 million tonnes according to Fastmarkets' latest assessment on Monday March 2, compared with 4.52-4.64 million tonnes at the end of 2019....Read More
You may contribute here patreon.com/freespeech YouTube considers this video clip unsuitable for advertisers. Tommy Robinson arrested after 8 year old daughter grabbed at public pool (copy and share).This channel and the Jim Fannon Show Podcast consist of older terrestrial radio shows and current interviews and performances by friendly musicians, movie industry influencers, media personalities and...Read More
After the win over West Brom on Tuesday, you would think Steve Bruce would be happy to be in the next round of the FA Cup but something really wound him up, Lee brings you up to speed what happened.Become a YouTube member: https://www.youtube.com/channel/UC7GG...Join our private Facebook group: https://www.facebook.com/groups/35558...Get loads of NUFC stuff at our Amazon store: https://www.amazon....Read More
Primera conferencia del ciclo "Fantasmas bajo la luz el?(C)ctrica"Coordina e imparte: Vicente Quirarte (Colnal)Vicente Quirarte pondr?? bajo la luz la obra de Edgar Allan Poe y a sus fantasmas.Read More
It’s been a highly turbulent time for North American markets. Last week saw one of the worst stock market performances since the financial crisis a decade ago. This was followed by the Fed cutting the U.S. interest rate, sending the American markets tumbling. Wednesday finally saw the Bank of Canada follow suit with our own interest rate cut.Seeing optimistic pundits turn bullish on gold and...Read More
Thus far the Canadian interest rate cut has had a muted effect on the TSX. It’s been a volatile few months on the markets, after all, with the trade war weighing heavily on the vast majority of sectors and oil seeing a worsening outlook.This week saw a continuation of last week’s sell-off that began when the markets finally woke up to the reality of the coronavirus. That the Fed cut th...Read More
An updated preliminary economic assessment released by Talon Metals (TSE: TLO) for the 125-sq.-km Tamarack project, 87 km west of Duluth, Minnesota, suggests a net present value estimate of $291 million, at a 7% discount rate. When compared with the prior PEA from 2018, increased tonnes in the mine plan and higher mill throughputs (at 2,000 t/d, up from 1,390 t/d) increased the after-tax NPV by...Read More
Image from Wenco. Wenco, a technology solutions company, is expanding its South American presence with Thiess, the world's largest mining contractor, selecting the Wenco Mine Performance Suite to run its operations at Antofagasta's Centinela open-pit mine in Chile.Antofagasta contracted Thiess to develop the Encuentro oxides pit, which is expected to contribute to the mine's output of 50,000 ton...Read More
ST600 Loegering Power attachment (Credit: Loegering). Loegering Power Attachments has introduced the ST-series stabilizing and milling skid-steer and compact track loader attachments to the North American market. The ST1000 and ST600 attachments allow contractors to complete milling and stabilizing using the same tool.. The ST1000 and ST600 attachments allow contractors to complete milling and...Read More
Global market volatility drove gold ETF assets to new all-time highs. File image. Global gold-backed exchange-traded funds (ETFs) had $4.9 billion or 84.5 tonnes of net inflows in February, boosting holdings to new all-time highs of 3,033 tonnes, the World Gold Council (WGC) reported Thursday. Combined with a gold price increase of nearly 2%, assets under management (AUM) grew by 4.4% in dollar t...Read More
Bob Moriarty ArchivesMar 5, 2020What if you gave a party and no one came? The Fed found themselves in that embarrassing position on Tuesday as they dumped a .5% drop in the Fed Funds rate onto a startled market. The market wasn’t startled at the interest rate decline, the market was startled because when the Fed spiked the punch one more time no one would drink the Kool Aid.I’ve said f...Read More
Points that Investors& Executives of Small Mining Companies (Juniors) should consider.1-Small cap gold and base metal stocks differ in several ways from large cap metals and are best approached on a potential value basis. That would be what a company expects to have "in the ground" and/or what the company eventually expects to prove. Successful invest...Read More