Seaborne coking coal prices ended the week higher amid a flurry of transactions on Friday November 29. Fastmarkets indicesPremium hard coking coal, fob DBCT: $134.66 per tonne, up $0.99 per tonnePremium hard coking coal, cfr Jingtang: $147.30 per tonne, down $0.47Hard coking coal, fob DBCT: $120.70 per tonne, unchangedHard coking coal, cfr Jingtang: $130.25 per tonne, unchanged...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 29EuropeThe European ferro-silicon spot price climbed by about 2.5% over the week after jumping by more than 7% in the previous week - supply worries have boosted trading activity. One deal for 500 tonnes was reportedly sold to a consumer by a trader at ?,?960 per tonne although deals at th...Read More
Global silico-manganese output dropped in October compared with September in all regions except the CIS, according to the International Manganese Institute (IMnl).World silico-manganese supply dropped by 2.6% from September to 1.61 million tonnes due to Chinese smelters cutting production, which offset rising output in India, Malaysia and South Korea.The CIS region produced 122,000 tonnes of silic...Read More
An overview of the minor metals markets and their latest price moves.Read More
The Chinese domestic indium price will probably slip further in the coming weeks amid the prevailing weak market sentiment, delegates to a minor metals conference in the country's Hunan province told Fastmarkets this week.During the Chinese Minor Metals Forum held in Changsha city over November 27-28, many market participants cited their concerns over a possible round of auctions in the coming mon...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
The price of grade-304 stainless steel flat products in Europe widened downward this week in anticipation of much more substantial decreases in December, when mills were expected to bring into effect significantly lower alloy surcharges, Fastmarkets heard on Friday November 29.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivere...Read More
Monthly European alloy steel surcharges have plunged for December because of lower nickel and molybdenum costs, Fastmarkets heard on Friday November 29.Fastmarkets' December range for the stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe was ?,?1,579-1,608 ($1,738-1,770) per tonne, down by ?,?114-122 per tonne from the November values. December...Read More
Demand from key markets Vietnam and South Korea was strong this week, with major steel mills procuring large quantities of imported scrap.Taiwanese buyers also continued to pay higher for imported cargoes, although a major holiday in its key supplier the United States meant that there was less liquidity in the Taiwan import market this week.VietnamFastmarkets' price assessment for bulk shipments o...Read More
The specifics and benefits of the transaction are addressed in a ROTH Capital Partners report. In a Nov. 22 research note, ROTH Capital Partners analyst Joe Reagor reported that Avino Silver & Gold Mines Ltd. (ASM:TSX.V; ASM:NYSE.MKT; GV6:FSE) agreed to sell its Bralorne gold project in British Columbia to Talisker Resources."The sale is a positive for the company as it improves its balance sheet...Read More
The perceived pros and cons of the transaction are provided in a CIBC report. In a Nov. 25 research note, analyst Cosmos Chiu reported that CIBC downgraded its rating to Neutral and lowered its target price to CA$60 per share from CA$73 (current share price CA$55.79) on Kirkland Lake Gold Inc. (KL:TSX; KL:NYSE) due to the increased risk associated with the miner's agreement to acquire Detour Gold...Read More
In the 1986 classic ‘Platoon’, Charlie Sheen’s character Chris Taylor tells everyone that he dropped out of college to serve in the Vietnam War. This sets him apart from the other grunts and makes Taylor seem noble and patriotic, giving up school to go fight in a war. But his credo is soon shot down by a black soldier nick-named King, played by Keith David, who tells him: &...Read More
The Fed has published thismonth the newest edition of its Financial Stability Report. Generally speaking, the level of vulnerabilities in the financialsystem has moved little since the publication of the May edition of the report.The most of the US central banks’ observations are reassuring: investorappetite for risk generally appears to have returned to a level in the middleof its historica...Read More
Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) is an emerging mid-tier gold and silver producer and the leading underground high-grade gold producer in Colombia, with several mines in operation at its Segovia and Marmato Operations. We learned from improving operations, improving cash flow, strengthening our balance sheet and capital structure, Chief Financial Officer of Gran Colombia Gold, tha...Read More
Financial writer and professional trader Rick Ackerman says don't expect a replay of the 2008-2009 financial crisis where the Federal Reserve bailed out almost everything in sight.There is free information and original articles on RickAckerman.com. If you want to become a subscriber on a two week free trial you can sign up at the top of the home page. All you need is an email.Read More
The surplus energy that powers the world is declining.Full description and comments at: https://www.peakprosperity.com/art-be..."Every week in our Off The Cuff Series, we interview expert minds on the premium side of PeakProsperity.com. These discussions are unscripted and informal, where my partner Chris Martenson and his guest react to recent macro developments and predict the likeliest repercus...Read More
The Fed's official balance sheet has now increased by $292.93 billion dollars since the end of August 2019.Track the Fed's Official Balance Sheet here: https://fred.stlouisfed.org/series/WALCLTrack the NY Fed's Daily Repo Operations Here: https://apps.newyorkfed.org/markets/a...Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-found...Read More
A UN study shows the "U.S. has world's highest rate of children in detention". That was under the Obama administration.Continue...Read More
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Full transcript at: http://financialrepressionauthority.c...Read More