China will reportedly increase its U.S. soybean purchases next monthFutures on the Dow Jones Industrial Average (DJI) are above fair value this morning, as the blue-chip index looks to build on Wednesday's big swing higher. Today's attention will remain focused on U.S.-China trade, after a Bloomberg News report suggested China may boost the amount of U.S. soybeans it buys in October. Wall Street w...Read More
"REPORT: Shefa Gems- moving towards trial mining and revenue generation'Shefa's focus in coming months will be twofold. As it advances towards trial mining, it will also dedicate energy to building critical marketing partnerships'https://t.co/FDrAPdVb8c#SEFA @shefagems"Read full newsRead More
"#IRR has drilled 8,000m of its planned 13,000m campaign at its Cape Coast #Lithium project in Ghana. New pegmatite zones have been identified https://t.co/6OxZHY2rfD"Read full newsRead More
(Updates with closing prices) By Peter Hobson LONDON, Sept 26 (Reuters) - Copper prices fell on Thursdayas investors focused on a weak demand outlook and were scepticalof a suggestion by U.S. President Donald Trump that he couldsoon reach a trade deal with China.Industrial metals were also caught in wider market moves asaccusations that Trump pressed Ukraine to investigate apolitical rival pushed...Read More
Here is what's new today on INK Ultra Money.1. The Cannabis Four Horsemen - Real Vision (free content)Todd Harrison, founding partner and chief investment officer of CB1 Capital Management, walks through how to take advantage of the recent volatility and liquidity concerns in the cannabis space. In this interview with Jake Merl, Harrison reviews his favorite cannabis stocks for sale, highlights...Read More
"$AIR - AAR Corp. (AIR) CEO John Holmes on Q1 2020 Results - Earnings Call Transcript. Read more and sign up for updates: https://t.co/kcw55VCCFG #stocks #finance #investing"Read full newsRead More
Drill results from Wesdome Gold Mine's (TSX: WDO) Kiena complex in Quebec have confirmed high-grade gold mineralization in the Kiena Deep A zone.The 65-sq.-km Kiena complex, 10 km from the city of Val-d'Or, includes a fully-permitted mine, a 930-metre shaft and a 2,000-tonne-per-day mill.Wesdome operated the Kiena mine from August 2006 to June 2013, during which time it produced 1.8 million ton...Read More
The London Metal Exchange three-month lead price continued to rise over the day's trading on Wednesday September 25, closing up by 2.4% on the previous day at $2,107 per tonne. Market analysts attribute the increase to prevailing supply tailwinds at a time when global demand for material is forecast to grow. Nyrstar's Port Pirie smelter closure in Australia, due to take 30,000 tonnes of mater...Read More
Despite concerns of low prices and poor demand, the aluminium market still has growth potential due to the automotive industry, McKinsey & Company's Benedikt Zeumer said at Fastmarkets' International Aluminium Conference held in Athens, Greece.The fastest growing underlying factor to global aluminium growth is the global automotive sector, Zeumer said. McKinsey's outlook does not indicate that the...Read More
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday September 25 that are worth another look.Global long steel consumption was expected to reach 851 million tonnes in 2019, up by 2.4% year on year although mounting political uncertainties such as trade wars and the UK's intended exit from the EU may soften this growth, according to steelmaker Celsa.Despite concerns of low price...Read More
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
The event heard from a mixed of big producers and "smaller … underappreciated base metals miners", host Jefferies said.The bank's analysts said management teams from Freeport McMoRan, Anglo American, Vale, Teck, HudBay Minerals, Ivanhoe Mines, OZ Minerals, KAZ Minerals, Lundin Mining, Ero Copper, Taseko and Northern Dynasty Minerals expressed a general tone of "cautious optimism"."These min...Read More
An overview of the minor metals markets and their latest price moves.Read More
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
Despite concerns of low prices and poor demand, the aluminium market still has growth potential due to the automotive industry, McKinsey & Company's Benedikt Zeumer said at Fastmarkets' International Aluminium Conference held in Athens, Greece.The fastest growing underlying factor to global aluminium growth is the global automotive sector, Zeumer said. McKinsey's outlook does not indicate that the...Read More
Turkish steel producers have continued to book deep-sea scrap cargoes for November shipments, confirming another downturn in the prices, sources said on Wednesday September 25.A steel mill in the Iskenderun region booked a US cargo, comprising 15,000 tonnes of HMS 1&2 (80:20) at $228 per tonne, 15,000 tonnes of shredded at $233 per tonne and 2,000 tonnes of plate and structural scrap (P&S) at $238...Read More
Fastmarkets outlines some of the key topics likely to dominate discussions when participants of the battery raw materials and electric vehicle supply chain gathers in Amsterdam this week.Are cobalt buyers serious about booking early for 2020? Some discussions for cobalt supply agreements in 2020 started almost as soon as Glencore announced it would close its Mutanda mine at the end of the yea...Read More
The London Metal Exchange will extend the waiver of listing fees for new cobalt brands until December 20, 2019, it said on September 24. The exchange launched the initiative on March 26 this year, initially for six months, in an effort to encourage liquidity on its physically delivered cobalt contract. Since then, Norilsk grade-I cut cobalt cathodes and Huayou cut cobalt cathodes have been listed...Read More
Eastern China's hot-rolled coil prices retreated on Wednesday September 25 with traders seeking more sales before the country's October 1-7 Golden Week.DomesticEastern China (Shanghai): 3,640-3,650 yuan ($512-513) per tonne, down 20 yuan per tonneNorthern China (Tangshan): 3,600 yuan per tonne, unchangedHRC futures traded below Tuesday's settlement price of 3,522 yuan per tonne for most of the day...Read More