Key data from Fastmarkets' Wednesday July 31 pricing session in Europe: Key drivers Tightness of availability on a spot basis and an increase in buying inquiries for August and September have encouraged suppliers to hold their offer prices around the top end of the current range, while UK producer FE Mottram has yet to restart production after a fire damaged its plant in April. The all...Read More
The following Fastmarkets minor metals prices changed on Wednesday July 31:Minor metalsAntimony max 100ppm Bi, in-whs Rotterdam $/tonne: $5,950-6,200 per tonne from $5,950-6,150Bismuth 99.99% Bi min, in-whs Rotterdam, $/lb: $2.80-2.95 per lb from $2.75-2.90Cobalt alloy grade,...Read More
A fresh wave of stockpiling activities boosted the Chinese cobalt metal spot market price on Wednesday July 31. Fastmarkets assessed the price of cobalt 99.8% Co min, exw China at 222,000-232,000 yuan per tonne ($12.83-13.53 per lb, minus China VAT) on Wednesday, up 0.9% from 220,000-230,000 yuan per tonne on July 26. Renewed speculative buying this week was prompted by a combination of an ea...Read More
Chinese subsidy reforms will cool down the electric vehicle (EV) market and weigh on battery demand in the second half of 2019, Umicore chief executive officer Mark Grynberg said in a conference call on Wednesday July 31.The Belgian battery raw materials producer maintained a forecast for stable or falling income in 2019 when it reported its results for the first half of the year on Wednesday. Pro...Read More
Glencore expects to report earnings before interest and tax (Ebit) losses within its marketing department of $350 million for the first half of 2019 due to a sharp drop in cobalt prices. The trader-miner cited a 58% year-on-year drop in cobalt prices in the first half of 2019, referencing Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam, which averaged $17 per lb in the fi...Read More
Fastmarkets on Wednesday July 31 launched weekly export price assessments for stainless steel cold-rolled coil, grade 304 (2mm), fob China, $/tonne and stainless steel hot-rolled coil, grade 304, fob China, $/tonne.The launch of these assessments following a month-long consultation reflects China's status as a major exporter of stainless steel. They will serve as important benchmarks for the inter...Read More
Glencore has cut its ferro-chrome production guidance for 2019 by 10% to 1.48 million tonnes as part of its extended winter shutdown, the company said on Wednesday July 31. The trader-miner had already reduced its output guidance by 50,000 tonnes to 1.64 million tonnes in April due to "additional maintenance and extended winter shutdowns, amid reduced power availability/challenges in South Af...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday July 31:Aluminium scrapGroup 1 pure 99% & litho, delivered consumer UK, ?/tonne: ?1,280-1,320 per tonne from ?1,260-1,300Clean HE9 extrusions, delivered consumer...Read More
Hey guys and gals,-CHECK OUT OUR NEW WEBSITE-www.golfclashtommy.comGolden Shot Hard assets: https://imgur.com/a/aSYtv2kThis is the guide and tutorial for the Golden Shot Hard. I play 9 shots.Let me know if you do have any questions.www.patreon.com/golfclashtommy for training sessions and textguides.Dont forget to subscribe!Business email,tommylofberg@gmail.comFacebook group: https://www.facebook.c...Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Ximen Mining Corp.'s ambitions begin with re-examining the historic Kenville Gold Mine near Nelson, BC, a funky town more recently known for its ability to mine tourist dollars.Ambitious junior exploration stocks have achieved several promising high-grade discoveries in British Columbia in recent years. This has ignited a mini bull market and contributed to some impressive gains for the companies...Read More
Gold has fallen from above US$1,433 an ounce yesterday to about $1,410/oz on the spot market earlier.However US market futures were looking positive at the time of writing, while key European market futures were mainly lower.US Federal Reserve chairman Jerome Powell warned against expecting a lengthy monetary easing cycle but did not rule out another rate cut, Bloomberg reported.Attention will now...Read More
The company, which has lifted 2019 production guidance to 7.5-7.9 million tons from the previous 7.1-7.5Mt on the back of record June quarter sales and production volumes 2.24Mt and 2.195Mt, respectively, generated net income of US$125.5 million on $397.6 million revenues for the quarter, up 37% and 22.9% year-on-year, respectively. It said it sold 97% of its coal at the Australian premium low-vol...Read More
California-based Tetra Tech's $52 million acquisition of WYG and its circa-$200 million of annual revenue was a key strategic move for the company, CEO and chairman Dan Batrack said."While financially we had an all-time record quarter, I am even more pleased that we took a significant step forward in our strategic plan to offer services in the United Kingdom with the addition of WYG," he said.Tetr...Read More
It's been a brutal summer for pot stocks.After a four-year bull run, pot stocks have finally started selling off.But I can't say I'm surprised.After all, at the start of the year, most pot stocks were significantly overvalued.This correction was absolutely necessary.And while some folks have taken it on the chin this summer, the reality is that with this recent sell-off has come a new opportunity...Read More
This August marks the 24th year anniversary for http://www.GoldSeek.com, a gold news and financial information website established in 1995. Today GoldSeek.com is ranked as one of the most visited gold websites in the world.GoldSeek.com is headquartered in Colorado with its international team in other parts of the United States, Canada and the Czech Republic. The site has grown to receive o...Read More
Unemployment in the U.S. is at a half-century low and the S&P 500 is trading at near-record highs. Nevertheless, the Federal Reserve today trimmed interest rates for the first time since the financial crisis on stalled manufacturing growth and an anticipated world economic slowdown.The easing cycle may be the catalyst gold needs to outperform the market and retrace its monster bull rally in the...Read More
- Ronan Manly, Bullion StarThe US Federal Reserve's Federal Open Market Committee (FOMC) today announced a 0.25% cut in the influential US federal funds rate from a target range of 2.25% - 2.50% to a target range of 2.00% - 2.25%, a move which was closely watched and widely signaled, but which was the first such fed funds rate cut in over 10 years.As an official interest rate which affects...Read More
By: Ira EpsteinThis was an insurance rate cut. US is just starting to embark on easing rates. World economies race to bottom. One after another coming. What about gold? A strong dollar is not gold's friend, but don't fret..Read More