NVAX is still enjoying tailwinds after the vaccine announcementShares of Novavax Inc (NYSE:NVAX) are soaring today, up 12.3%, earlier peaking at $17.71, and last seen at $13.87. The clinical-stage vaccine company earlier in the week announced a COVID-19 vaccine candidate, which they hope to put into phase 1 clinical trial late this spring. NVAX is planning to utilize its proprietary Matrix-M adjuv...Read More

The Dow is looking at its worst weekly loss since the financial crisis The Dow Jones Industrial Average's (DJI) steep sell-off continues, as the blue chip index eyes its worst week since the financial crisis of 2008, on track for a roughly 13% weekly drop. Trade bellwether Boeing (BA) is leading the index's sell-off, while Apple (AAPL) is also suffering notable losses midday. The S&P 500 Index (SP...Read More

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

NORTH BAY- The government of Ontario is supporting five manufacturing companies in Northern Ontario by providing $1.5 million through the Northern Ontario Heritage Fund Corporation (NOHFC) and creating 16 jobs.Today, Vic Fedeli, MPP for Nipissing, on behalf of Greg Rickford, Minister of Energy, Northern Development and Mines, announced funding for the following projects: $359,341 for North Bay Pl...Read More

Stocks are set to get rocked againDow Jones Industrial Average (DJI) futures are pointing to another day of substantial losses for stocks. More countries have reported their first cases of the coronavirus, and the World Health Organization (WHO) warned the virus could spread all across the globe. Meanwhile, more businesses are lowering their yearly outlooks because of the outbreak, pushing traders...Read More

Clinical studies are underway. How we treat them moving forward matters.Read full newsRead More

Gold miners have largely been boosting dividends to appease long-suffering share...Read full newsRead More

Image courtesy of Eric Schrader on Flickr The International Copper Association (ICA) has announced its creation of the 'Copper Mark,' a global standard to ensure responsible production and trading of copper. The ICA's more than 500 global program partners bring together the copper industry to develop and defend markets for copper and to make a contribution to society's sustainable-development...Read More

Following the recent sharp oil price falls, the risks to the price outlook have now shifted dramatically to the upside. (File image) The impact of the coronavirus has sent shockwaves across the oil market, says Oxford Economics, an independent global advisory firm. In its latest publication, Oxford has lowered its year-over-year global demand growth forecast in 2020 to 0.72 mb/d from 1.09 mb/d pr...Read More

By John R. Ing, President and CEOMaison Placements Canada Inc.In his State of the Union victory lap, the president crowed that the "great American comeback" entered this decade with the longest bull run in American history. Unsaid is that in dancing to all time highs, the bond and stock markets are priced for perfection. In normal times, this would not be as dangerous as it is today.Early in his t...Read More

Here are five Fastmarkets stories you might have missed on Thursday February 27 that are worth another look.A vessel contracted by Brazil-based miner Vale is grounded off the coast of the country's north-eastern Maranh??o state, having suffered damage after leaving the Ponta da Madeira Maritime Terminal earlier this week.Growing Chinese copper output and an imbalance in trade terms between China a...Read More

The London Metal Exchange three-month zinc price trended lower over the course of Thursday February 27, briefly touching an intraday high of $2,057 per tonne before falling to a closing price of $2,012 per tonne amid a turnover of fewer than 10,000 lots.The forward spreads remained favorable for holding onto the galvanizing metal, with the benchmark cash-to-three-month spread recently trading in a...Read More

Growing Chinese copper output and an imbalance in trade terms between China and the west have led to a rising need for the European copper industry to guard its interests, panelists at Fastmarkets' International Copper Conference in Amsterdam said on Thursday February 27."It's difficult to say [European copper market participants] don't have to worry," chief metal officer Marco Calamia from one of...Read More

Growing Chinese copper output and an imbalance in trade terms between China and the west have led to a rising need for the European copper industry to guard its interests, panelists at Fastmarkets' International Copper Conference in Amsterdam said on Thursday February 27."It's difficult to say [European copper market participants] don't have to worry," chief metal officer Marco Calamia from one of...Read More

The Chinese domestic price for silico-manganese has drifted downward significantly in recent assessments because some alloy smelters reduced their offer prices to attract buying interest and generate cash amid the sluggish demand circumstances created by the outbreak of the 2019-nCoV coronavirus, market participants have told Fastmarkets.Fastmarkets' latest assessment of the price of silico-mangan...Read More

Key data from the Wednesday February 26 pricing session in Shanghai.Key drivers: Supply shortage in tungsten concentrate market prompted higher offers, though no deals were concluded. Some concentration plants...Read More

Here are five Fastmarkets stories you might have missed on Thursday February 27 that are worth another look.A vessel contracted by Brazil-based miner Vale is grounded off the coast of the country's north-eastern Maranh??o state, having suffered damage after leaving the Ponta da Madeira Maritime Terminal earlier this week.Growing Chinese copper output and an imbalance in trade terms between China a...Read More

Cobalt hydroxide payables have stabilized over the past week, with buyers taking a more hesitant approach to restocking against an uncertain backdrop for cobalt consumption and prices in the coming months. Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China was unchanged at 67-69.5% of the standard-grade cobalt price (low-end) on February 26. Payables had been rising steadily si...Read More

Turkish steel mills have continued to stay away from the deep-sea scrap markets to try to keep pressure on prices, sources said on Thursday February 27.After a buying spree in the past three weeks, the mills stopped their deep-sea purchases at the beginning of this week.The mills were very active in the deep-sea scrap markets in the period from February 4-24, booking at least 22 cargoes totaling m...Read More

Growing Chinese copper output and an imbalance in trade terms between China and the west have led to a rising need for the European copper industry to guard its interests, panelists at Fastmarkets' International Copper Conference in Amsterdam said on Thursday February 27."It's difficult to say [European copper market participants] don't have to worry," chief metal officer Marco Calamia from one of...Read More