Canada's Barrick Gold (TSX:ABX)(NYSE:GOLD), the world's second-largest producer of the precious metal, said Wednesday it had pinned down assets worth about $1.5 billion that it intends to sell through next year, adding it also remains open to acquiring new projects.President and chief executive officer, Mark Bristow, said Barrick would offload the unwanted assets once they are optimized enough t...Read More

Published 23 Hours AgoUpdated8 Hours AgoReuters Edgar Su | ReutersGold prices hit their highest in more than three weeks on Wednesday as renewed concern over the U.S.-China trade dispute and its potential impact on global growth curbed investors' appetite for risk, spurring some demand for safe-haven assets.Spot gold rose 0.4 percent to $1,289.09 per ounce, having hit its highest since April 15 a...Read More

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to announce that it intends to complete a non-brokered private placement of up to 4,000,000 units ("Units") at a price of $0.10 per Unit for aggregate gross proceeds of up to approximately $400,000 (the "Private Placement"). The Company intends to use the proceeds from the Private Placem...Read More

How you can transform lagging indicators into leading indicators.No one ever said trading was going to be easy.Sometimes, do-it-yourself investing can feel about as scientific as throwing darts... and many traders give up, unable to figure out how they can break through the endless cycles of mediocre - or even straight up abysmal! - results.And when even the supposed "market gurus" or "experts" do...Read More

Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended down for a second straight session Tuesday as investors reacted to more market volatility amid heightened trade tensions between the U.S. and China. Shares of Boeing (BA - Get Report)  declined after analysts at Barclays downgraded their rating on the aerospace giant to equal weight from overweight. Amer...Read More

A summary of base metals premiums from across the globe for the week to Tuesday May 7.Please click...Read More

The temporary truce on tariffs between China and the United States could be over, injecting a new round of uncertainty into the global financial markets and suspending hopes that a resolution to the countries' trade impasse was likely.US President Donald Trump has threatened to raise the tariff on $200 billion-worth of Chinese imports to 25% from 10% by Friday May 10. He also said that the US may...Read More

London Metal Exchange base metals prices failed to rally during the afternoon session on Tuesday May 7, with the furor surrounding fresh trade tension between the United States and China serving only to exacerbate bearish market sentiment. None fared worse than the LME three-month nickel price, which dipped to a low of $11,990 per tonne low on May 7, the first time the price has dropped below $12,...Read More

China imported around 901,767 tonnes of chrome ore and concentrates in March, a drop of 20.6% month on month and a fall of 41.9% year on year, according to official but unconfirmed data seen by Fastmarkets. Meanwhile, China's chrome ore imports from South Africa, the world's largest chrome ore producer, came to 660,503 tonnes in March, accounting for around 73.2% of total shipments despite recordi...Read More

China imported 2.7 million tonnes of manganese ore in March, up 21.9% from February and 42.6% higher year on year, according to official but unconfirmed data seen by Fastmarkets. The quick pick-up in shipments to China in March was a direct result of falling manganese ores prices in January which prompted Chinese buyers to secure cheap units. Fastmarkets' 37% manganese ore index dropped to...Read More

The US ferro-silicon price continued its precipitous fall last week amid pressure from the softer prices in global markets. Meanwhile, the European market found temporary stability amid shifting sentiment.US ferro-silicon market continues to weakenUS spot prices for ferro-silicon softened to 88-93 cents per lb on Thursday May 2, down by 2.7% from 92-94 cents per lb a week earlier, according to Fas...Read More

Turkish steel producers have continued to book deep-sea scrap with prices going down further, sources said on Tuesday May 7.A steel mill in the Iskenderun region booked a US cargo, comprising 23,000 tonnes of HMS 1&2 (80:20) at $300 per tonne and 5,000 tonnes of bonus at $310 per tonne...Read More

Turkish domestic ship scrap prices went down in line with the weakening of the country's lira during the week ended May 6, while auto bundle scrap prices remained largely stable, sources said on Tuesday May 7.Three steel mills lowered their buy prices for ship scrap to $305 per tonne delivered, while a fourth mill kept its buy price flat at $310 per tonne delivered.As a result, Fastmarkets' weekly...Read More

The Tuesday Market Minute Global stocks mixed as investors keep risk appetites in check amid an uneasy truce on trade talks between the U.S. and China.China's Commerce Ministry confirms Vice Premier Liu He will attend a key series of talks later this week in Washington amid accusations of backsliding on previous commitments from top U.S. trade officials.Europe opens modestly higher despite weake...Read More

Global battery-grade lithium spot market prices moved sideways week on week while China, Japan and other countries were away from the market for public holidays.The market was slow this week amid a lack of market activity and national holidays that have added to the decelerated activity of some companies across the European and US market, most market participants that spoke to Fastmarkets said. Fa...Read More

The market for exports of hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States (CIS) was quiet during the week ended Tuesday May 7 because of the start of the Islamic holy month of Ramadan in the key outlet markets.Fastmarkets' weekly price assessment for CIS-origin exports of HRC was $465-480 per tonne fob Black Sea on May 7, declining from $470-495 per ton...Read More

Prices for flat steel products imported into the United Arab Emirates and Saudi Arabia have remained stable over the past week due to demand being limited by the start of the Islamic holy month of Ramadan, sources told Fastmarkets on Tuesday May 7.End-user demand has been poor recently, with buyers unwilling to book material because the market was not expected to improve any time soon.And Ramadan...Read More

The market for flat steel products in Russia's Central Federal District around Moscow was under pressure from low-priced imports in the week to Tuesday May 7, Fastmarkets understands.Fastmarkets' weekly price assessment for Russia-origin 4mm hot-rolled (HR) sheet was was unchanged for the second week in a row on May 7 at 43,000-44,500 roubles ($660-683) per tonne cpt Moscow, in...Read More

The global long steel market was mostly unstable despite a balance between supply and demand, the International Rebar Producers & Exporters Association (Irepas) said in its most recent short-range outlook document for the long steel sector.This was a change of sentiment from the positive outlook Irepas offered in March.Although the balance of supply and demand has been maintained in the global lon...Read More

Domestic rebar producers in the UAE maintained their prices this week despite the cost of rebar and billet imports falling due to weak demand, sources told Fastmarkets on Tuesday May 7.Domestic rebar Local rebar producers in the UAE kept their prices unchanged for May production material, with demand remaining poor due to the Islamic holy month of Ramadan that started this week.The observance of R...Read More