An overview of the minor metals markets and the reasons for any price moves.Read More
The following Fastmarkets minor metals prices changed on Friday May 24:Minor metalsAntimony MB free market regulus, $/tonne: $6,700-6,950 per tonne from $6,800-7,000Antimony MMTA standard grade II, $/tonne: $6,500-6,750 per tonne from $6,600-6,750Bismuth MB China domestic, yuan/tonne: 41,500-44,000 yuan per tonne from 41,000-44,000 yuanChromium...Read More
An overview of the Chinese minor metals markets and the reasons for any price moves. Read More
Belgian battery-materials manufacturer Umicore SA has reached an agreement with Freeport Cobalt to acquire the latter's cobalt refining and cathode precursor business at the Kokkola refinery in Finland. The transaction is expected to be finalized by the end of 2019, and Umicore will pay a total consideration of $150 million on a debt and cash free basis, plus the value of the working capital to be...Read More
An overview of the noble alloys markets and the reasons for any price moves.Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday May 24. China Taiyuan Iron & Steel (Tisco) released its June tender price for high-carbon ferro-chrome at 6,550 yuan ($947) per tonne on Friday May 24, 350 yuan per tonne lower than its May tender. Two other major Chinese stainless steel mills, Tsingshan and Baosteel, have yet to release June tende...Read More
The market for aluminium 226 ingot fell to its lowest level since November 2009 on Friday May 24 after rumors of distressed selling in Italy exacerbated already weak demand from the European automotive sector. Fastmarkets assessed the price for aluminium diecasting ingot 226 at ?,?1,340-1,380 ($1,495-1,539) per tonne on Friday, down by ?,?40 per tonne from ?,?1,380-1,430 per tonne the previou...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday May 24:Aluminium scrapFloated Frag: ?,?940-980 per tonne from ?,?990-1,040Cast: ?,?880-900 per...Read More
Asian ferrous scrap buyers have continued to keep their purchases limited over the past week, cautioning against excessive optimism about trade relations between the United States and Turkey.While price levels have increased in Taiwan, many South Korean and Vietnamese buyers are still staying away from purchasing imported HMS 1&2 scrap despite prices in key bellwether market Turkey increasing.&nbs...Read More
Following market feedback and the consultation of market participants, Fastmarkets proposes to launch a daily cfr Vietnam containerized ferrous scrap price assessment.The introduction of the price assessment will expand Fastmarkets' price coverage of the ferrous scrap markets in Asia and highlight Vietnam's rising importance as a price benchmark in the region. The proposed new assessment will prov...Read More
Join ya boy's channel memberships for special perks: https://www.youtube.com/channel/UCrkf...**FOLLOW KEV ON INSTAGRAM** http://www.instagram.com/kevinedwardsjrHelp me reach 4,500,000 subscribers! Click here to subscribe! ?-? https://goo.gl/1ldLPxSubscribe to GamingWithJaden: https://goo.gl/kPNdf9Subscribe to GoKameronGo: https://www.youtube.com/channel/UCE4_...Subscribe to GamingWithLalo- https:/...Read More
Can a retirement investment fund such as an RRSP or RRIF really be shored up by investment in just three stocks? Depending on what kind of spread of assets is already held in a portfolio, adding a few strengthening stocks can help to spread the risk while bringing in some welcome passive income. The three stocks below represent the kind of investments that could deliver this type of added stabilit...Read More
While drugs and gold were the two most popular forms of payment for votes in the recent election in India, portfolio manager Elvis Picardo proffers far better reasons for picking a pharmaceutical stock and a gold stock as his two current 'best buys'.Big gains since the lows of December have kept clients confident, hopeful and invested, observes West Coast portfolio manager Elvis Picardo. "It's gre...Read More
Again we will say that Napoleon Bonaparte once advised to "never interfere with an enemy when he is making a mistake." Some gold companies' shareholders may now be making serious mistakes by selling shares in stocks that they have lost patience with yet that is normal in a bear market. They should ask themselves "who is buying?" as there is a strong possibility that they are literally givi...Read More
Agnico increased its position from 9.435% to 19.9% through the acquisition of an additional 26.1 million shares priced at C20c for a total investment of $5.2 million. It now owns 42.5 million shares in Royal Road.In addition, Agnico and Royal Road entered into an investor rights agreement under which Agnico has the right to participate in future equity financings to maintain its pro rata ownership...Read More
Breaker Resources NL (ASX: BRB) is focused on discovering and developing large new gold deposits, hidden by transported cover, in Western Australia's Eastern Goldfields' Super-terrane, where the Company made three separate high-grade gold discoveries in 2016. We learned from Tom Sanders, Executive Chairman of Breaker Resources, that they have been drilling non-stop for the past two years, and have...Read More
Again we will say that Napoleon Bonaparte once advised to "never interfere with an enemy when he is making a mistake." Some gold companies' shareholders may now be making serious mistakes by selling shares in stocks that they have lost patience with yet that is normal in a bear market. They should ask themselves "who is buying?" as there is a strong possibility that they are literally givi...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up the top trends forecaster Gerald Celente of the Trends Journal joins me to discuss a myriad of topics. Gerald gives us more insight on why the precious metals are struggling, why he recently changed his economic forecast and also shares why he believes a continuation of the rising tensions in both Venezuela and the...Read More
We have said the bulls had abad day on Wednesday. How would you rate their yesterday’s performance? Heck,they are not having a good day today either. Black gold is heading for the biggestweekly loss in 2019. Has the support fallen out from below? Where can we expectthe decline to stop?Let’s takea closer look at the chart below (charts courtesy of http://stockcharts.com). We presciently...Read More
RAPAPORT... Twenty-five undisclosed lab-grown diamonds have turned up atthe Gemological Institute of America (GIA) - including several with a raregreenish color. The GIA's lab in Carlsbad, California, recently received thestones - weighing from 0.46 to 0.52 carats - for grading reports. They allproved to have been created using High Pressure-High Temperature (HPHT), GIA seniorresearch scientist Sa...Read More