Recent News

Steelmaking Raw Materials Trade Log, August 26, 2019

August 27, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Iron oreVale, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62% Fe Brazilian Blend fines, traded at the October average of Fastmarkets' index for iron ore 62% Fe low-alumina fines, cfr Qingdao and another 62% Fe index, plus a premium of $1.60 per tonn...Read More

COKING COAL DAILY: Seaborne prices edge up on active trading

August 27, 2019 / www.metalbulletin.com

Seaborne coking coal prices gained some strength on Monday August 26, in line the expectations of some segments of the market last week.Fastmarkets indicesPremium hard coking coal, fob DBCT: $154.28 per tonne, up $0.61 per tonnePremium hard coking coal, cfr Jingtang: $166.25 per tonne, up $0.13 per tonneHard coking coal, fob DBCT: $138.76 per tonne, unchangedHard coking coal, cfr Jingtang: $153 pe...Read More

Discounts for seaborne iron ore concentrate narrow further

August 27, 2019 / www.metalbulletin.com

Seaborne iron ore concentrate continued to fetch narrower discounts last week, while the pellet market stayed soft.ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao was at $93.12 per tonne last Friday August 23, down $3.16 per tonne from a week earlier. The movement was based on visible market activity detailed below, which was included in the index calculation acco...Read More

GLOBAL SILICON SNAPSHOT: Europe 4-4-1 price dips on muted demand; China 5-5-3 export prices up

August 27, 2019 / www.metalbulletin.com

Key data from the pricing sessions in London and Shanghai in the week ended Friday August 23.EuropeKey drivers European grade 4-4-1 silicon price fell after one track of material was purchased at levels around ?,?1,500-1,555 ($1,670-1,731) per tonne. The grade 5-5-3 prices remained unchanged in the week ended August 23 due to limited activity in the spot market. Prices, however, remain under pres...Read More

Ferrous markets at risk of US-China power struggle

August 27, 2019 / www.metalbulletin.com

The protracted economic battle between the United States and China will rewrite the rules of global trading and will not be resolved anytime soon, steel market sources in Asia told Fastmarkets."The world will wait and see who is able to gain the upper hand in the end and then follow the new rules of trading set by the winner," a major trader in China said.Market sources expect the entire ferrous s...Read More

PRICING NOTICE: Amendment of cif East Asia grade 304 stainless HRC, CRC assessments

August 27, 2019 / www.metalbulletin.com

Fastmarkets has amended the specifications of its price assessments for stainless steel cold-rolled coil, Asia grade 304 (2mm), cif East Asian port, $/tonne and stainless steel hot-rolled coil, Asia grade 304, cif port East Asia, $/tonne after a one-month consultation.The price assessment for stainless steel cold-rolled coil, Asia grade 304 (2mm), cif East Asian port, will have its location change...Read More

China's copper scrap imports fall 39.3% year on year in July but quality up

August 27, 2019 / www.metalbulletin.com

China's imports of copper scrap totaled 130,000 tonnes in July, down by 39.3% from the same month last year, according to the latest Chinese customs data. Imports for the first seven months of the year totaled around 980,000 tonnes, down by 27.8% from January-July 2018. China's ban on imports of low-quality copper scrap, which began at the start of this year, was the major reason be...Read More

WAREYSIGII QOSOLKA BADNAA AAN SIIYAYA STN TV IYO KING CK

August 27, 2019 / www.youtube.com

Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More

Gold Stocks: Up, Up & Away

August 27, 2019 / www.miningfeeds.com

 A year ago, I predicted that any U.S. stock market sell-off would be accompanied by a dramatic surge in the price of GDX an GDXJ.That's exactly what happened; the stock market tanked and key gold stocks soared.This year, I'm predicting that any major U.S. stock market crash will again be accompanied by the soaring price of the gold producers...But I'm also predicting that most CDNX-listed ju...Read More

Gold Stocks: Up, Up & Away

August 27, 2019 / www.miningfeeds.com

 A year ago, I predicted that any U.S. stock market sell-off would be accompanied by a dramatic surge in the price of GDX an GDXJ.That's exactly what happened; the stock market tanked and key gold stocks soared.This year, I'm predicting that any major U.S. stock market crash will again be accompanied by the soaring price of the gold producers...But I'm also predicting that most CDNX-listed ju...Read More

Aug 26 Uranium week: activity reawakens

August 27, 2019 / www.fnarena.com

Weekly Reports |Aug 27 2019News that Kazakhstan intends to extend production reductions through 2021 sparked a return to buying interest in both the spot and term uranium markets last week.-Kazatomprom extends production cuts-Market interest returns after a dead August to date-No new Japanese restarts in 2019By Greg Peel"Kazatomprom does not expect to return to full production until a sustained ma...Read More

Gold Stocks: Up, Up, & Away!

August 27, 2019 / www.321gold.com

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 27, 2019 A year ago, I predicted that any US stock market sell-off would be accompanied by a dramatic surge in the price of GDX an GDXJ. That’s exactly what happened; the stock market tanked and key gold stocks soared. This year, I’m predicting that any major US stock marke...Read More

Gabriel gains on funds to continue fight for Romanian project

August 27, 2019 / www.mining-journal.com

Gabriel said the initial closing had brought proceeds of $18.7 million, with units offered at 32.25c.Read More

American Pacific lines up Fort Cady finance

August 27, 2019 / www.mining-journal.com

American Pacific will initially issue $2 million of convertible notes to Amvest.The finance facility comprises a $37 million construction term loan and an $8 million cost overrun facility.The term sheet grants exclusivity to Amvest on the transactions up until November 15, 2019. American Pacific has also agreed to pay Amvest for its costs and expenses of conducting due diligence and has alrea...Read More

Drilling contractor reinstates dividend

August 27, 2019 / www.mining-journal.com

The ASX-listed company (SWK) posted a modest full-year net profit after tax of A$1 million, up from a $1 million loss a year earlier. Group EBITDA was $25.5 million, up 47% on FY18, while group EBIT was $4.6 million, up 929%.Drilling business revenue was $143 million and EBITDA was $28.2 million, in line with guidance.The company described the result as the best earnings "in years" for the dr...Read More

Time to Double Down on 5G and Fintech

August 27, 2019 / www.energyandcapital.com

There are two bankable trends that are still in the early stages and will grow for the next five years: 5G phones and financial technology.Five years ago, on July 11, 2013, I wrote an article called "Three Cloud Stocks Set to Outperform the Market."The stocks I talked about were PANW, CSCO, and MU. If you owned those stocks for five years, you would have made 375%, 300%, and 103%. And CSCO, the 10...Read More

Gold Stocks: Up, Up, & Away!

August 27, 2019 / news.goldseek.com

Stewart Thomson 1. A year ago, I predicted that any US stock market sell-off would be accompanied by a dramatic surge in the price of GDX an GDXJ.2. That's exactly what happened; the stock market tanked and key gold stocks soared.3. This year, I'm predicting that any major US stock market crash will again be accompanied by the soaring price of the gold producers...4....Read More

Chinese government newspaper suggests return to gold standard

August 27, 2019 / news.goldseek.com

Dear Friend of GATA and Gold:The English-language edition of the Chinese government's newspaper Global Times published on Sunday a pretty dispassionate commentary attributed to the Beijing-based public policy research consultancy Anbound (http://www.anbound.com/AboutUS.php) advocating the world's return to a gold standard for currencies."From the perspective of the global financial system," the...Read More

Dominoes Falling at Big Banks That Rigged Precious Metals Markets

August 27, 2019 / news.goldseek.com

Clint Siegner The crooked precious metals trading department at JPMorgan Chase lost another man last week. Christian Trunz pleaded guilty to criminal "spoofing" of the markets and resigned from his position as an Executive Director with the bank.The story mirrors that of John Edmonds, the Chase banker who pleaded guilty last October for rigging gold and silver prices.Like Edmonds' illicit tradin...Read More

Precious Metals Update Video: Market overbought

August 27, 2019 / news.goldseek.com

By: Ira EpsteinGold hit the upper bolinger band and retreated yesterday, some of the pros took some off the table. Big US holiday coming too. Gold Market overbought..Read More

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