Recent News

FASTMARKETS NON-FERROUS PRICE CHANGES 29/05: Minor metals

May 30, 2019 / www.metalbulletin.com

The following Fastmarkets minor metals prices changed on Wednesday May 29:Minor metalsAntimony MB free market regulus, $/tonne: $6,600-6,850 per tonne from $6,700-6,950Antimony MMTA standard grade II, $/tonne: $6,500-6,700 per tonne from $6,500-6,750Antimony MB Chinese free market MMTA standard grade II, yuan/tonne: 38,000-39,000 yuan per tonne from 39,000-40,000 yuanBismuth MB free market,...Read More

Umicore, Glencore reach cobalt hydroxide long-term revolving agreement

May 30, 2019 / www.metalbulletin.com

Switzerland-headquartered miner-trader Glencore has reached a long-term revolving agreement to supply Belgian battery-materials manufacturer Umicore AS with cobalt hydroxide, Glencore said on Wednesday May 29. Glencore will supply materials from its Katanga and Mutanda mining assets located in the Democratic Republic of Congo (DRC) to Umicore's cobalt refineries globally, including the Kokkola ref...Read More

MORNING VIEW: Economic, trade worries dominate while metals' fundamentals tighten in background

May 30, 2019 / www.metalbulletin.com

Markets remain jittery while US-China trade war rhetoric escalates with the latter raising the possibility of including rare earth minerals in their trade negotiations. Equity markets have sold off and bond yields have fallen as investors move into havens.Trade war rhetoric escalatesEquites sell off on Tuesday, while Treasury yields fall furtherMarket now indicating increased likelihood of two US...Read More

Sluggish demand weighs on East Asian stainless steel prices

May 30, 2019 / www.metalbulletin.com

Import prices for stainless steel in East Asia narrowed over the week to Wednesday May 29 after some producers raised their asking prices following the uptick in the London Metal Exchange nickel price although demand in the region remained weak.304 stainless 2mm trimmed cold-rolled coilFastmarkets MB's weekly import price assessment for benchmark 304 stainless 2mm trimmed CRC in East Asia narrowed...Read More

FASTMARKETS NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES 29/05:

May 30, 2019 / www.metalbulletin.com

The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday May 29:Titanium scrapTurnings, unprocessed type 90/6/4, 0.5% Sn max:...Read More

NORTHERN EUROPE REBAR: Prices fall as mills lower offers on weak demand

May 30, 2019 / www.metalbulletin.com

The price of rebar produced and delivered in Northern Europe fell by ?,?10-20 per tonne week on week after domestic mills lowered offers amid weak demand and import competition, market participants told Fastmarkets on Wednesday May 29. Fastmarkets' weekly price assessment for domestic rebar in Northern Europe was ?,?505-535 ($565-598) per tonne delivered on May 29, down from ?,?525-545 per to...Read More

The Northern Miner Podcast - episode 140:Barrick's new direction ft CEO Mark Bristow

May 30, 2019 / www.northernminer.com

This episode features an in-depth interview with the man of the hour in the gold-mining industry: Mark Bristow, president and CEO of Barrick Gold since Jan. 1, 2019, when its merger with Bristow-led gold miner Randgold Resources took effect.This exclusive interview was recorded live as a "fireside chat" with senior staff writer Trish Saywell at The Northern Miner's Canadian Mining Symposium held a...Read More

The SCARIEST CHALLENGES EVER in Roblox Flee The Facility!!

May 30, 2019 / www.youtube.com

**FOLLOW KEV ON INSTAGRAM** http://www.instagram.com/kevinedwardsjrHelp me reach 4,600,000 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://www.youtube.com/user/2andFohSubscribe to TStingray- https://www.youtube.com/channel/UC_MV......Read More

Stock Market Danger & Gold Bull Wedge

May 30, 2019 / www.miningfeeds.com

1. The fear trade for gold continues to gain fundamental strength. The technical picture is also solid. Please click here now. Double-click to enlarge. Gold is poised for significant upside action in the second half of this year.2. A large bull wedge is in play as institutional investors become more concerned about the slowing global economy.3. Please click here now. Double-click to enlarge. This...Read More

Here’s 1 Reason Lifted Metal Tariffs Haven’t Boosted Stocks Yet

May 30, 2019 / www.fool.ca

So the steel and aluminum tariffs have finally been lifted, yet the TSX index has barely shrugged in response - indeed, the metal and mining industry is down 3.3% this week and down 16.2% for the past year. While some pundits may have expected to see share prices of affected companies at least bob a little on the good news, the fact is that trashing the tariffs hasn’t had much of an effect o...Read More

Stock Market Danger & Gold Bull Wedge

May 30, 2019 / www.miningfeeds.com

1. The fear trade for gold continues to gain fundamental strength. The technical picture is also solid. Please click here now. Double-click to enlarge. Gold is poised for significant upside action in the second half of this year.2. A large bull wedge is in play as institutional investors become more concerned about the slowing global economy.3. Please click here now. Double-click to enlarge. This...Read More

Is Musk Trying To Sell Tesla's Stock Price Or Automobiles?

May 30, 2019 / investmentresearchdynamics.com

TSLA had yet another bad week, closing down $19 (9%) from the previous Friday's close. Last week every attempted bounce in the stock was shortable on a daytrading basis. Currently Tesla's shares are trading at $188. It would likely be a lot lower if it weren't for Musk's repeated "leaked" emails loaded with dubious production and delivery claims, with both barrels pointed directly at short-sellers...Read More

Rare earth rhetoric boosts equities

May 30, 2019 / www.mining-journal.com

China's president Xi Jinping had visited a rare earth processing plant last week, which was seen as leverage for trade talks given the country's dominance in supply.Chinese media reports yesterday then warned the US not to "underestimate China's ability to strike back", Reuters reported."The outcome of this has to be an increased focus outside China on rare earths production because while China ha...Read More

Buy a Tesla with Big Oil Money

May 30, 2019 / www.energyandcapital.com

I'm not going to lie...I think our continued reliance on internal combustion is absolutely absurd.It is an outdated technology that needs to be retired.And it will be.The truth is, electric vehicles ARE the future of personal transportation.The transition is inevitable. But it's also not going to happen as fast as some would like.According to Bloomberg, by 2040, 57% of all passenger vehicle sales...Read More

Precious Metals Update Video: May 30, 2019

May 30, 2019 / news.goldseek.com

By: Ira EpsteinRead More

Is Musk Trying To Sell Tesla's Stock Price Or Automobiles?

May 30, 2019 / news.goldseek.com

By: Dave KranzlerTSLA had yet another bad week, closing down $19 (9%) from the previous Friday's close. Last week every attempted bounce in the stock was shortable on a daytrading basis. Currently Tesla's shares are trading at $188. It would likely be a lot lower if it weren't for Musk's repeated "leaked" emails loaded with dubious production and delivery claims, with both barrels pointed direct...Read More

This Article Is Not For The Closed-Minded Investor

May 30, 2019 / news.goldseek.com

By: Avi Gilburt I have now been writing for Seeking Alpha for approximately 6 years. And, I can honestly say that not much has changed in the readership base. Yes, that means you.You see, the same folks that have commented on my articles that Elliott Wave analysis is akin to voodoo are still making the exact same comments they made years ago.Do you think that the accuracy of our underlying anal...Read More

The Coming Catalyst for Gold Stocks

May 30, 2019 / news.goldseek.com

By: Jordan Roy-Byrne CMT, MFTAWe have written for over a year about the historical importance of the shift in Federal Reserve policy. We've noted that over the past 65 years in 11 of 13 rate cut cycles the gold stocks have enjoyed tremendous gains. The historical data shows an average gain of over 170% and median gain of almost 150%. As of Tuesday morning, the market showed an 84% chance of a...Read More

More great research by Incrementum -- and all beside the point

May 30, 2019 / news.goldseek.com

Dear Friend of GATA and Gold:Liechtenstein-based investment fund Incrementum's annual "In Gold We Trust" report, compiled by Ronald-Peter Stoeferle and Mark J. Valek, was published this week and again described the reasons for gold's glorious prospects. Among them:-- Loss of trust in international relations and everyday society amid ever-more-polarized politics.-- Gold's generally good performan...Read More

A IPO Wet Blanket Shrouds Wall Street

May 30, 2019 / news.goldseek.com

Although I usually let my charts tell me where stocks are headed next, the 'technicals' are a tad sunnier than I at the moment. This is notwithstanding recent weakness that has caused new record highs that were within spitting distance just a few weeks ago to recede. A 3095 target that lay just 4.5% from early May's peak now sits 10.5% away. It's certainly do-able, but I doubt buyers have the mo...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok