It’s been more than a year since the pandemic-led market crash. The subsequent recovery was indeed remarkable one given the magnitude of the crisis and the economic damage. Interestingly, small-cap TSX stocks have substantially outperformed their larger counterparts in this rally.The TSX Composite Index surged almost 35% in the last 12 months while the small-caps at large soared more than 70...Read More

TSX stocks at large have gained 35% in the last 12 months. Markets look in great shape and might continue to soar higher amid the impending economic recovery. If you are sitting on some extra cash, here are three top TSX stocks to invest in for the longer term.National Bank of CanadaNational Bank (TSX:NA) stock has notably outperformed its bigger peers. NA stock is up 68% in the last 12 months, wh...Read More

A co-worker recently proposed an argument for gold using what statisticians call the Lindy Effect.What is the Lindy Effect?Well, the basic idea behind the Lindy Effect is that the life expectancy of some things is proportionate to their current age.In other words the longer something exists, the longer we should expect it to continue existing.Now, right off the bat you can probably think of a mill...Read More

Apr 26, 2021 Lithium miners Orocobre and Galaxy Resources merged this week in a A$4 billion deal to create the world's fifth largest global lithium chemicals company. The deal was highlighted by Mining Audiences Manager Michael McCrae on Kitco Roundtable, which was recorded on Friday with Kitco correspondent Paul Harris, editor Neils Christensen and special guest Stephen Twyerould, CEO of Excelsio...Read More

All base-metals prices on the London Metal Exchange were up by 1% or more at the 5pm close of trading on Monday April 26, with overarching bullish sentiment toward economic recoveries taking hold of the complex throughout the day.Copper and aluminium were the leaders of the rally on Monday, both reaching new 2021 highs during the day at $9,765 and $2,407 per tonne respectively.They closed at 5pm u...Read More

Apr 26, 2021 The Metals Company has over $500 million pipeline to fund the company through to small-scale commercial production, said CEO Gerard Barron who spoke to Kitco on Thursday. The Metals Company was formerly named DeepGreen. A March financing valued the company at about $2.9 billion. Barron told Kitco he sees around $570 million total from the raise that will fund the company. The Metals C...Read More

Copper's price reached $9,705 per tonne in the morning, while the rest of the London Metal Exchange base metals also started the week with higher prices on Monday April 26. Copper's price was up 1.6% on Monday morning to a new 2021 high - and its highest level since July 2011 - following a 1.9% rise over last week, when it closed at $9,551 per tonne on Friday. There were more than 11,000 lots...Read More

Copper led the London Metal Exchange base metals higher this morning, Monday April 26, and most of the base metals on the Shanghai Futures Exchange were up too, while the market continued to benefit from the strong purchasing managers' index (PMI) data that was out on Friday. US markets managed to shake-off concerns about US President Joe Biden's tax plans Base metalsLME three-month base metals pr...Read More

Here are five Fastmarkets stories you might have missed on Monday April 26 that are worth another look.Liberty Steel Dudelange-Liege has been cancelling orders and shipments to customers that had agreed deals for cold-rolled coil and hot-dipped galvanized coil, sources have told Fastmarkets.Metal...Read More

Bob Moriarty ArchivesApr 26, 2021Investors love reading recommendations on stocks they should buy for two reasons. One is they hope the stock they go buy goes up and makes money for them. The other is they have someone to blame should they not make money either because the stock went down or they failed to sell at a profit when they could.Actually I rarely recommend buying a specific stock and it&...Read More

The latest data for the global manganese ore market for the week ended April 26, 2021.Read More

Jack ChanPosted Apr 26, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices. Our ratio is...Read More

Renewed demand, sparked by lower offers in the past two weeks, shifted the seaborne manganese ore market to an uptrend this week, against the backdrop of support for portside prices and a strengthening performance in silico-manganese futures.Fastmarkets' manganese ore index 37% Mn, cif Tianjin, ticked up by 9 cents to $4.36 per dry metric tonne unit (dmtu) on Friday April 23, from $4.27 per dmtu a...Read More

China's leading stainless steel producers, Taiyuan Iron & Steel (Tisco) and Baosteel Group, have both slashed their ferro-chrome tender prices for May delivery by 1,050 yuan ($162) per tonne from the previous month.The latest high-carbon ferro-chrome tender prices released by Tisco and Baosteel on Sunday April 25 are 7,300 yuan per tonne and 7,495 yuan per tonne respectively. This marks a decrease...Read More

Copper closed up almost 2% on the London Metal Exchange to US$9,771 per tonne yesterday.Marex Spectron's Alastair Munro said copper was at levels last seen in 2011, the year copper reached an all-time high of $10,190/t.Copper major Freeport-McMoRan is trading near a multi-year high, closing up 6.87% in New York after last week reporting strong March quarter results.In London, Antofagasta gained 4....Read More

China's magnesium prices increased by about 9% in both the domestic and export markets in the week to Friday April 23, with producers raising their offers amid low inventories, market sources told Fastmakets.In the domestic market, Fastmarkets' weekly price assessment for magnesium 99.9%,exw China was 17,000-17,100 yuan ($2,617-2,632) per tonne on Friday April 23, an increase of 1,400 yuan per ton...Read More

Turkish domestic scrap prices have remained fairly stable over the past seven days, with most mills keeping their buy prices unchanged week on week, market participants said on Monday April 26.Long steel producers in the Izmir region continued to buy domestic auto bundle and ship scrap at stable prices over the past seven days.Only two mills in the Marmara region cut...Read More

As the current surge in coronavirus cases in India takes hold, Fastmarkets looks at the possibility that the steel industry could lose its impressive growth.New cases of coronavirus in India have surpassed 350,000 per day and steel plants in the country have been supplying liquid medical oxygen (LMO) to hospitals because of the ongoing shortage of available oxygen. Diverting supplies of oxygen awa...Read More

Metal companies transporting material in containers are facing fresh disruption to shipping following the blockage of the Suez Canal last month, sources told Fastmarkets. The main immediate legacy of March's Suez Canal obstruction has been worsening congestion at several global ports following major disruptions to vessel scheduling. These delays to shipping times have also exacerbated shortag...Read More

Copper led the London Metal Exchange base metals higher this morning, Monday April 26, and most of the base metals on the Shanghai Futures Exchange were up too, while the market continued to benefit from the strong purchasing managers' index (PMI) data that was out on Friday. US markets managed to shake-off concerns about US President Joe Biden's tax plans Base metalsLME three-month base metals pr...Read More