A summary of Canadian minor metals and specialty chemicals producer 5N Plus fiscal results for the first quarter of 2020. In brief: 5N Plus improved net earnings due to expansion into products with higher value-added content, but revenue was down as a result of relatively lower metal prices for the period. Overall sales volumes were higher year on year. Mandatory plant shutdowns ordere...Read More
A summary of stainless steel producer Aperam's results for the first quarter of 2020.In brief Sales, shipments and adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) were down year on year due to the coronavirus-driven downturn.The company reported a "seasonally...Read More
The spot copper concentrate market continued to trade at lower treatment and refining charges (TC/RCs) in the week to Thursday May 7. Fastmarkets' copper concentrates TC/RC index, cif Asia Pacific dropped to $50.4 per tonne / 5.04 cents per lb on Thursday and is now down by 23.3% month on month from $65.70 per tonne / 6.57 cents per lb on April 3. Deals reported to Fastmarkets show Chinese s...Read More
The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.European steel association Eurofer has lodged a complaint with the EC, alleging that HRC has been exported from Turkey at dumped prices."In April 2020, a new [anti-dumping] investigation was opened into HRC from Turkey," ArcelorMit...Read More
The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.European steel association Eurofer has lodged a complaint with the EC, alleging that HRC has been exported from Turkey at dumped prices."In April 2020, a new [anti-dumping] investigation was opened into HRC from Turkey," ArcelorMit...Read More
Hey guys and gals,Sign up for the best guides on the market https://www.patreon.com/golfclashtommy0:11 - Intro1:44 - Hole 1, Par 32:45 - Hole 2, Par 44:57 - Hole 3, Par 57:48 - Hole 4, Par 410:13 - Hole 5, Par 311:34 - Hole 6, Par 514:28 - Hole 7, Par 416:57 - Hole 8, Par 318:31 - Hole 9, Par 5BECOME A MEMBER: https://www.youtube.com/channel/UCUKg...-CHECK OUT OUR NEW WEBSITE-https://www.golfclash...Read More
TODAY Ed sits down with Tommy Shaw of Styx for a conversation in the Legacy Lounge!The music community needs our help! We are partnering with the @RecordingAcademy's foundation @MusiCares to support their #COVID19 Relief Fund!Please consider making a donation https://bit.ly/MusiCaresCShttps://grm.my/2y5WtvlRead More
Breve platica sobre la CIENCIA SPIRITACanal de Lennin:https://www.youtube.com/channel/UC3tf...Canal de Ricardo:https://www.youtube.com/channel/UCsyb...Read More
CAPO - Pegaitos ( Lyric Video )SPOTIFY: https://open.spotify.com/album/0M6GBn...Latin LoverVoz & letra: CapoMix & Master : Motion MakerInstrumental : YoungPurppRedes sociales:CAPO:https://www.instagram.com/mfuckcapo/MOTION MAKER:https://www.instagram.com/motionmaker...#PEGAITOS #CAPO #MOTIONMAKERRead More
Power plant with green field, renewable energy source in Thailand. Stock image. With both the population and the workforce aging, the mining sector needs to reposition itself to secure social licenses and attract the in-demand millennial talent pool, BDO said in a recent report.According to Sherif Andrawes, BDO's Global Head of Natural Resources, stakeholders are demanding stronger engagement, tr...Read More
The Iron Cap deposit (pictured) was recently incorporated into the KSM project economics. Image from Seabridge Gold. Seabridge Gold (TSX: SEA, NYSE: SA) has filed an NI-43-101 technical report for its KSM project in northern British Columbia, confirming the potential for a "dramatic improvement" in project economics by incorporating the recently expanded, higher-grade Iron Cap deposit into mine p...Read More
Tucano gold mine. (Image courtesy of Great Panther Mining). Great Panther (TSX:GPR; NYSE-A:GPL) has announced revenue for the first quarter of 2020 of $48.1 million, an increase of 188% over Q1 2019, reflecting primarily the acquisition of Tucano mine in Brazil. The company reported production of 34,725 gold equivalent ounces, over double the 14,860 ounces it churned out in Q1 2019.Adjusted EBIT...Read More
The Golden Statue of Prometheus near the Rockefeller Center in New York. Credit: Pixabay Gold prices saw a slight decline on Friday even as it was revealed the US job market experienced its worst downturn in history. According to latest data released by the US Bureau of Labor Statistics, employers cut an unprecedented 20.5 million jobs during the month of April, sending unemployment rate to 14.7%...Read More
Ship to shore. File image. UPDATED FRIDAY, MAY 8 @ 2pm EST.Copper rallied again on Friday after a rebound in Chinese imports of the metal indicated the country's manufacturing and construction sector may be emerging faster than anticipated from the covid-19 slump.Copper trading in New York rose by more than 2% to $2.43 a pound ($5,355 a tonne) in early afternoon trade, on track to close at an eig...Read More
Last month, Moon Jae-in took South Korea's presidential election in a landslide victory. It one of the first national elections, since the beginning of the coronavirus outbreak. People were made to wear masks and gloves and use hand sanitizer before going into voting booths.Nevertheless, reports say voters turned out in record numbers to support the Democratic Jae-in, whose party made campaign pro...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort275,57125,56740,010120,045401,681435,626467,258Change from Prior Reporting Period -11,811914-4,4385,143-6,850-11,106-10,374Traders20350785858292158 Small Speculators (C) GoldSeek.com LongShortOpen Interest 54,71723,085490,343 633-99-10,473 non reportable positionsChange from t...Read More
By Alasdair MacleodAn unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have yet to discount the possibility of such an outcome, but in the coming months they are likely to awaken to this danger.The question arises as to what will replace fiat currencies. In the past the answer has always been gold but today there...Read More
By Mike GleasonPrecious metals markets appear to be gearing up for another leg higher. On Thursday, the metals complex rose sharply across the board. Gold gained about 2.5% while silver packed on nearly 4%. Both of the monetary metals showed signs of breaking out of the sideways trading ranges they've been stuck in over the past four weeks. Silver closed solidly above its 50-day moving average f...Read More
With the stock markets near a critical juncture during the most-extreme economic dislocations of our lifetimes, big US stocks' fundamentals have never been more important. After plummeting in a brutal stock panic on the catastrophic economic damage caused by governments' draconian lockdowns to fight COVID-19, stocks have skyrocketed in a monster rally. Are these gains righteous or doomed to...Read More