May 17, 2021 Guest(s): Jp Cortez Policy Director, Sound Money Defense League The Sound Money Defense League is a public policy project aimed at bringing awareness to gold and silver as "sound money" and enacting legislative change across the country to reduce sales taxes on the precious metals.Jp Cortez, policy director of the League, tells David Lin, anchor for Kitco News, that there is a big d...Read More
The latest data for the global manganese ore market for the week ended May 17, 2021.Read More
Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF), Canada's leading free-to-play mobile game group, today announced financial results for the first quarter ended March 31, 2021.Highlights on a pro forma basis of LEAF and ESG:Record Q1 2021 revenue of $25.3M a 95% increase over $13.0M in Q1 2020Q1 2021 revenue increased by $2.3M over Q4 2020 revenue of $23.0M, a 10% sequential increaseAdjusted EBITDA wa...Read More
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced it will report financial results for the first quarter ended March 31, 2021 on Monday, May 24, 2021 after market close. The Company will host a conference call to discuss the results and provide an update on current bus...Read More
"The iron ore ride is not recommended for the faint-hearted!" Fastmarkets MB Iron Ore Index tweeted on Friday after a week of record highs.Its benchmark price for 62% fines rose $18.31 last Monday to $230.56/t then ceded $28.78 on Friday to $208.79/t.The MySteel Australian 62% fines lost 2.88% to $219.50/t.Although copper closed down more than 1% in London to US$10,214.50 per tonne, it remains wel...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata"), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular booster systems, announces that it has delayed the release of Q4 2020 and Q1 2021 financial results that were scheduled to be released on Monday, May 17, 2021 after the market close. It has also delayed the associated earnings call origi...Read More
The first phase of Shandong Nanshan Aluminium's alumina project in Indonesia recently started trial production, sources told Fastmarkets on Monday May 17.The development of the alumina refinery is separated into two phases and will eventually have a total production capacity of 2 million tonnes per year, with 1 million tpy coming online in phase one and the rest in the project's second phase, whic...Read More
China's nickel pig iron (NPI) prices followed the uptrend in stainless steel in the week to Friday May 14, while nickel ore prices stabilized, sources told Fastmarkets.Fastmarkets' price assessment for nickel pig iron, high-grade NPI content 10-15%, spot, ddp China was 1,135-1,150 yuan ($176.30 -178.60) per nickel unit on May 14, up by 50-55 yuan (4.8%) from 1,080-1,100 yuan per nickel unit a...Read More
Here are five Fastmarkets stories you might have missed on Monday May 17 that are worth another look.Brazilian domestic flat steel prices increased this month after steelmakers applied price increases of up to 17% to most distributors.Chinese corporations should increase their use of futures products to...Read More
Key data from pricing session in London on Monday May 17Key drivers: Offers and bids below the previous range led to a fall in prices despite the fresh inquiries from China. Prices are yet to hit a level where...Read More
Export demand for European secondary aluminium-ingot 226 has risen sharply over the week to Friday May 15, while ADC 12 prices in Asia reach multi-year highs due to strong automotive demand and soaring scrap prices, sources told Fastmarkets.The global semiconductor chip shortage and subsequent halt in automotive manufacturing worldwide contributed to the eight-week fall in secondary aluminium 226...Read More
Share this article VANCOUVER - Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE American] President and CEO Ron Thiessen said recent targets set by the U.S. government for America's transition to clean, renewable energy will drive a massive increase in domestic copper demand and consumption over the coming decade."For many reasons - including its cost, conductivity, ductility and durability -...Read More
Major Chinese lithium producer Ganfeng Lithium has signed a memorandum of understanding with Argentina's Mining Ministry and Jujuy provincial state for the development of a lithium-ion battery factory in the north of the country, Argentina's government announced on Friday May 14.The parties also agreed to cooperate on identifying further opportunities to invest in the country's lithium sector. Arg...Read More
We spoke with Mark Fedosiewich, President of Vior Inc. (TSX-V: VIO, FRANKFURT: VL51), and with Laurent Eustache, the Vice-President of Corporate Development, about their Hybrid Strategy, combining exploration on their 100% owned projects and making strategic investments in some companies that have great projects and a proven Management Team. Vior has a significant equity or ownership interest in 1...Read More
We learned from Hayden Locke, President, CEO and Director of Marimaca Copper Corp. (TSX: MARI) that they are implementing a dual strategy of realizing the full potential of their flagship Marimaca Copper Project, located in Chile, and explore for multiple large scale Marimaca Copper Project style targets, including a possible new IOCG district. The Marimaca Copper Project is the only copper discov...Read More
Glencore has well-established recycling activities and is extending its role as a key part of the circular economy, Glencore Recycling's global commercial lead, Kunal Sinha said.When Glencore set out its plans in December last year to be a net-zero emissions company by 2050, recycling was one of its seven core pathways. It is an area the company has been active in for decades, but a number of fact...Read More
Elon Musk sent shockwaves through the cryptocurrency community last week with news that Tesla (TSLA) will no longer accept bitcoin for payment until mining becomes more sustainable. In the latest Insights, we explain how this could benefit other crytocurrencies including dogecoin. Meanwhile, copper stocks are grabbing our attention as a way to play Raoul Pal's Exponential Age theme. Read More
GEM chairman Kaihua Xu has worked on building a path for recycling in China since the mid-1990s - he recalls the key steps and discusses the growth and outlook for one of China's leading recycling businesses.Founded in December 2001, GEM Co., Ltd has become one of the leading battery recyclers and battery materials producers in China. The company contributes to 10% of recycling of electronics wast...Read More
May 17, 2021 Guest(s): Connor Gallagher Co-founder, Music Royalties Ron Altbach Member, King Harvest Streaming is the fastest segment of music sales, up 20% in 2020 according to the International Federation of the Phonographic Industry. It now accounts for 62% of all music revenues, or about $13.4 billion.Connor Gallagher co-founded Music Royalties, a company invests in the top music brands in t...Read More
Here are five Fastmarkets stories you might have missed on Monday May 17 that are worth another look.Brazilian domestic flat steel prices increased this month after steelmakers applied price increases of up to 17% to most distributors.Chinese corporations should increase their use of futures products to...Read More