Bob Moriarty ArchivesApr 19, 2021For anyone who needs an update on how World War I began, just read the headlines of today and change the names slightly. No one country actually started that war. The rulers of all of them did stupid things, one after another and all of a sudden the world was in flames. The same silly shit is happening today.For those who wonder just how the American Empire is goin...Read More
captainewaveemail: admin@captainewave.comwebsite: www.captainewave.comApr 19, 2021 US Dollar Index: This is a bearish chart, and the weekly chart is even more ominous.The bottom line: All of wave -iv- is complete at the 93.47 high and we are starting to fall in the initial stages of wave -v-. We should continue to drop. We plan to provide projections for the end of wave -v- in the next day...Read More
Jack ChanPosted Apr 19, 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
Here are five Fastmarkets stories you might have missed on Monday April 19 that are worth another look.Brazilian steel and iron ore producer Companhia Sider??rgica Nacional (CSN) was able to continue to operate normally at its coal and container terminals at the port of Itagua?- over the weekend despite...Read More
Chinese alumina refinery Kaiman (Sanmenxia) Aluminium has cut its production by half because of a shortage of bauxite supplies, market sources told Fastmarkets on Monday April 19.Hangzhou Jinjiang Group owns the refinery in Sanmenxia city in Henan province, which has capacity for 2.1 million tonnes per year. It will reduce output for at least one month starting from Monday, but could extend the cu...Read More
Seaborne manganese ore prices dropped further on Friday April 16, sparking buying interest due to the erosion of the premium over portside prices.Major suppliers of seaborne material reduced their offers to match the prices for cargoes already in Chinese ports.Fastmarkets' manganese ore index 37% Mn, cif Tianjin, dropped by 22 cents to $4.27 per dry metric tonne unit (dmtu) on April 16.The corresp...Read More
Marex Spectron's Anna Stablum said last week's commodity price rises were due to the US dollar posting the biggest weekly drop since the week ended December 18.Copper rose a further 1.7% on the London Metal Exchange to US$9,384.25 per tonne yesterday, nearing a 9.5-year high reached in February, amid improving economic optimism.However nickel was lower as security concerns resurfaced in relation t...Read More
While all 26 reverse circulation holes drilled at the Chinook prospect hit visual zinc-lead mineralisation, two holes were fast-tracked to the lab for assays and have confirmed a discovery.Read More
The company will issue 25 million shares at 29c each, a 10.8% discount to the last close.Argonaut Securities was lead manager to the placement.K2Fly said the placement was strongly supported by institutions and sophisticated investors with specific knowledge of the resources sector."The strong support from the investment community, particularly from new institutional investors, is testament that K...Read More
Vancouver, Canada, based Barrett makes way for McGurk after spending 16 of his 40 years with SRK as CEO. He will continue to perform internal advisory roles and do project work with the firm.McGurk, based in Cardiff, Wales, became a director of SRK in 2015 and is described as an underground mining specialist who has worked in strategic and concept planning, operations management, and business plan...Read More
It seems that copper's biggest market has soured on the metal. Premiums paid over exchange prices for copper cathodes imported into China have fallen in recent weeks, dropping to a five-month low in a decline that shows no signs of slowing down.Fastmarkets' benchmark copper grade-A cathode ER premium, cif Shanghai was at $40-48 per tonne on Wednesday April 14, a five-month low.Falling premiums for...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") wishes to clarify information related to the cease trade order ("CTO") issued by the British Columbia Securities Commission ("BCSC") on April 8, 2021, due to a financial reporting discrepancy on filing deadlines (Citation: "2021 BCSECCOM 140", link here).This CTO does not impact the trading of its common shares...Read More
Company news EMEA Kenmare Resources has reported a 73% year-on-year increase in ilmenite production in the March quarter despite "some impacts" from a surge in COVID cases at its Moma mine inRead More
Here are five Fastmarkets stories you might have missed on Monday April 19 that are worth another look.Brazilian steel and iron ore producer Companhia Sider??rgica Nacional (CSN) was able to continue to operate normally at its coal and container terminals at the port of Itagua?- over the weekend despite...Read More
Key data from Fastmarkets' pricing session in Europe on Friday April 16.Key drivers Market participants report lower offers all under $1,000 per kg for prompt delivery material on spot basis. Most germanium-dioxide material is tied up in long-term contracts on a formula basis, however, material rarely exchanges hands in...Read More
Turkish steel producers returned to the deep-sea scrap import market at the start of the week, booking cargoes from a range of locations at lower prices, market participants told Fastmarkets on Monday April 19.At the end of the last week, a steel mill in the Izmir region booked a European cargo at $417 per tonne cfr for HMS 1&2 (80:20).And a steel mill in the Iskenderun region booked a Venezuelan...Read More
Turkish domestic auto bundle scrap prices have inched downward over the past week thanks to the recent recovery in the value of the country's currency, while ship scrap prices remained fairly stable, market participants told Fastmarkets on Monday April 19.Domestic prices for long steel products and, therefore, auto bundle scrap in Turkey typically decrease in line with a stronger Turkish lira beca...Read More
Here are five Fastmarkets stories you might have missed on Monday April 19 that are worth another look.Brazilian steel and iron ore producer Companhia Sider??rgica Nacional (CSN) was able to continue to operate normally at its coal and container terminals at the port of Itagua?- over the weekend despite...Read More
Several major Chinese metal producers bought zinc and gold concentrates produced in North Korea in 2019, despite economic sanctions, a court ruling has revealed.Thirteen men were convicted of smuggling metal raw materials across the closed China-North Korea border, according to a ruling by the Jiangsu Yangcheng Intermediate Court on Wednesday March 31, resulting from the lawsuit (2021) Jiangsu 09...Read More
Base metals prices were mixed on both the London Metal Exchange and the Shanghai Futures Exchange this morning, Monday April 19, while broader markets were generally upbeat, save in India where a surge in Covid-19 infections is weighing on equities. Strength in gold, the yen and weaker bond yields could suggest a pick-up in haven demand......but there are few signs of nervousness in equity markets...Read More