Fastmarkets opened a consultation on October 1, 2020, inviting feedback on its non-ferrous materials methodology in line with our annual methodology review process.The consultation, which closed on October 31, sought to ensure that the specifications and methodology for our audited alumina, aluminium, cobalt, copper, lithium and manganese ore markets continue to reflect the physical market. This i...Read More
Vancouver, BC November 11, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") announces that drill hole FG-20-377 intercepted 31.3 meters of 3.2 g/t gold, including 14.3 meters of 6.4 g/t gold, starting at 369 meters downhole in the Lower Zone of the FG Gold Project ("Project" or "FG Gold") in the Cariboo Region of British Columbia. This news release reports assays fro...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) provides the following update regarding its proposed acquisition of EastSide Games Inc. (the "Acquisition"), previously announced on October 7, 2020.The AcquisitionAcquisition AgreementLEAF, EastSide Games Inc. ("ESG") and the securityholders of ESG have entered into a purchase agreement dated October 31, 2020 (the "Acquisition Agreement"), which for...Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce that is has initiated exploration drill planning and permitting at the Mogollon Property in southwestern New Mexico. The drill program is anticipated to commence in mid-2021 with the primary focus of targeting un-mined extensions of the Consolidated Mine, where p...Read More
Fastmarkets opened a consultation on October 1, 2020, inviting feedback on its non-ferrous materials methodology in line with our annual methodology review process.The consultation, which closed on October 31, sought to ensure that the specifications and methodology for our audited alumina, aluminium, cobalt, copper, lithium and manganese ore markets continue to reflect the physical market. This i...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday November 11.Key driversThe ferro-titanium spot price in Europe increased, extending the current rally into its 12th week amid renewed demand from consumers looking to settle deals from a raft of new tenders. Suppliers reported deals for several hundred tonnes of standard-grade ferro-titanium for prompt shipment and a few hundred ton...Read More
The global aerospace industry was predicted to begin to recover in 2022 after air travel volumes slumped this year because of the outbreak of Covid-19, panelists said during Fastmarkets' International Ferro-Alloys Conference.A combination of government stimulus, a return of domestic air travel, a backlog of aircraft orders and the potential discovery of a widely accessible vaccine could all help b...Read More
An overview of the consumers electronics markets and their latest price moves.Read More
Fastmarkets opened a consultation on October 1, 2020, inviting feedback on its non-ferrous materials methodology in line with our annual methodology review process.The consultation, which closed on October 31, sought to ensure that the specifications and methodology for our audited alumina, aluminium, cobalt, copper, lithium and manganese ore markets continue to reflect the physical market. This i...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 11 that are worth another look.There were no expectations of material changes to the US steel market to arise in the short term as a result of Joe Biden taking office as United States president in 2021, Gerdau...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday November 11.Key driversThe ferro-titanium spot price in Europe increased, extending the current rally into its 12th week amid renewed demand from consumers looking to settle deals from a raft of new tenders. Suppliers reported deals for several hundred tonnes of standard-grade ferro-titanium for prompt shipment and a few hundred ton...Read More
Turkish steel mills resumed their deep-sea scrap buying at higher prices, having secured more finished long steel and billet sales, sources said on Wednesday November 11.A steel mill in the Iskenderun region broke the silence in the deep-sea market late on November 10 with two fresh cargoes.The mill booked a Baltic Sea cargo, comprising 30,000 tonnes of HMS 1&2 (80:20) at $305 per tonne and 5,000...Read More
* Dollar rises to near one-week high * Traders eye U.S. initial jobless claims on Nov. 12 * Fed policymakers suggest more specific fiscal support * Interactive graphic tracking global spread of coronavirus: (Adds analyst comments and updates prices)By Asha SistlaNov 11 (Reuters) - Gold eased on Wednesday on a firmerdollar and market optimism over a potential COVID-19 vaccine,but bets for continued...Read More
Markets were generally buoyant on the back of relief that a potential Covid-19 vaccine has been found, but the metals also seem hesitant this morning, Tuesday October 11, about what this will mean to the markets given how much they have run up already since the March lows. Asian Pacific equities were mixed, with China's CSI 300 down for the second day as big tech, a big winner during lockdowns, en...Read More
Spodumene producer Pilbara Minerals could execute a share sale agreement to acquire Altura Mining's lithium project in Western Australia in early December, subject to completion of the receivership process, it said on Wednesday November 11."The placement and entitlement offer would be launched concurrently," the producer added.A filing with the Australian Securities Exchange (ASX) on October 26 an...Read More
The stocks of US multi-state marijuana operators have been on the move. Today on INK Ultra Money, we have a fantastic Real Vision interview with Todd Harrison and CB1 Capital Management who provides insight into industry fundamentals, the impact of the election and names he likes.US cannabis stocks: a value investing dream?I discuss the interview more in INK Chat. If you click on the following li...Read More
Hot-rolled coil prices in the United States have inched up further amid tight supply, but market participants questioned how long the recent high prices would last.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $35.64 per hundredweight ($712.80 per short ton) on Wednesday November 11, an increase of 0.5% from $35.46 per cwt on Tuesday November 10 and up by 3.2% from...Read More
Domestic prices for hot-rolled coil in Europe increased again in the week to Wednesday November 11, supported by tight supplies, sources told Fastmarkets."There is a shortage of HRC in the market," an Italian distributor told Fastmarkets. "Buyers are struggling to get material from either domestic or overseas mills and, naturally, [then] have to accept higher prices."Fastmarkets cal...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 11 that are worth another look.There were no expectations of material changes to the US steel market to arise in the short term as a result of Joe Biden taking office as United States president in 2021, Gerdau...Read More
There were no expectations of material changes to the US steel market to arise in the short term as a result of Joe Biden taking office as United States president in 2021, Gerdau chief executive officer Gustavo Werneck said on Wednesday November 11.Werneck also expected a metal spread recovery in the fourth quarter of this year, boosted in particular by steel beams, and he forecast stability for 2...Read More