Turkish steel mills have started buying deep-sea scrap again at steady prices for shipment in June, market participants told Fastmarkets on Tuesday April 27.A steel mill in the Marmara region booked a Baltic Sea cargo consisting of 25,000 tonnes of HMS 1&2 (80:20) at $427.50 per tonne cfr.This compared with the most recent deep-sea transactions heard on April 21, when two Baltic Sea suppliers secu...Read More
Energy Secretary Jennifer Granholm argued against any oil pipelines even though 11K jobs were lost when Biden cancelled Keystone, during Continue...Read More
"Cops are forming a conga line down at the pension section and I don't blame them," Giacalone said. "NYPD cops are looking for better jobs with other departments or even embarking on new careers."Continue...Read More
There is an old saying, never sell a quiet market. In 2020, silver traded in an Continue...Read More
"This scam was pretty in depth and involved a high degree of deceit to pull off," Continue...Read More
Ferrous prices in Asia are rising at a steady pace and look likely to surpass 2008's high levels as early as next month, industry sources told Fastmarkets this week.Coking coal and cokeSupply tightness in both the domestic and import markets for high-quality, low-sulfur hard coking coal should continue to support prices in May, sources said.Since the start of April, domestic supply shortages have...Read More
Nevada Exploration is using new methods for finding prospective land in Nevada and should have an indication in six months if its concept bears out. Nevada is on everyone's list right now as THE place to search for gold. The annual Fraser Institute survey of mining companies put Nevada on top for investment attractiveness globally. But James Buskard, president of Nevada Exploration Inc. (NGE:TSX....Read More
Ron Struthers of Struthers Resource Stock Report details the investment thesis for Galway Metals, which has two "advanced-stage" prospects in Canada. Rokmaster Resources (RKR:TSX.V) was my top gold junior for 2021, but that was until I learned of Galway Metals Ltd. (GWM:TSX.V). Nothing against Rokmaster, as they will expand to a multi-million-ounce discovery; I just think Galway will be bigger.Ga...Read More
The first results of Black Tusk Resources' McKenzie East show gold mineralization is present in drill core veins and alterations. In a news release, Black Tusk Resources Inc. (TUSK:CSE; BTKRF:OTCMKTS; 0NB:FSE) announced it completed its winter 2021, eight-hole, diamond drill program at its McKenzie East project located north of Val d'Or, Quebec, and released results of the first four holes. "The...Read More
The acquisition would increase Cross River Ventures' Manitou property land package to 6,570 hectares. Additions (dark red) to the Manitou Gold Project, NW Ontario, CanadaCross River Ventures Corp. (CRVC:CSE; CSRVF:OTC; C6R:FWB) announced in a news release it was granted the option, by the existing owners, to acquire 100% of the Lower Manitou gold project in Ontario, Canada. To exercise the option...Read More
Ferroglobe will restructure its ferro-alloys production plants in France and Spain, which will affect manganese alloys, silicon and foundry alloys output near term, the company told Fastmarkets.Spain-based Ferroglobe has the production capacity for more than one million tonnes per year of ferro-alloys, such as manganese alloys, ferro-silicon, ferro-silicon magnesium, as well as foundry alloys such...Read More
Inflammation does good and bad thingsfor the body. On the one hand, it is the body’s natural defense mechanismagainst physical injuries, viral infections, and bacterial infections. On theother hand, it produces symptoms of swelling, redness, and pain. Whenever a part of your body experiencestrauma, white blood cells flow to that body part to protect it. White bloodcells will kill the germs a...Read More
This young gold-stockupleg is accelerating, with fast-rising prices enticing in more capital. This sector has surged sharply to multiplemajor upside breakouts in recent weeks, which is starting to turn skeptics intobelievers. Despite their strong upside momentumbeing chased, gold-stock prices remain far from overbought levels warning ofimpending selloffs. This mounting uplegstill...Read More
Ferrous prices in Asia are rising at a steady pace and look likely to surpass 2008's high levels as early as next month, industry sources told Fastmarkets this week.Coking coal and cokeSupply tightness in both the domestic and import markets for high-quality, low-sulfur hard coking coal should continue to support prices in May, sources said.Since the start of April, domestic supply shortages have...Read More
Prices for imported rebar in Singapore might come under downward pressure from new restrictions being imposed in the country amid a spike in Covid-19 infections, sources told Fastmarkets last week.The resurfacing of Covid-19 cases at dormitories for foreign workers in Singapore has led to the issuance of quarantine orders, as well as travel restrictions on those arriving from India."This does not...Read More
Ferrous prices in Asia are rising at a steady pace and look likely to surpass 2008's high levels as early as next month, industry sources told Fastmarkets this week.Coking coal and cokeSupply tightness in both the domestic and import markets for high-quality, low-sulfur hard coking coal should continue to support prices in May, sources said.Since the start of April, domestic supply shortages have...Read More
Cobre Panama, the copper industry's most recent major greenfield project, reported record production in the first quarter after it put disruptions related to the Covid-19 pandemic behind it, First Quantum Minerals said. The mine in Colon Province, 120km west of Panama City, achieved copper output of 82,042 tonnes in the three months ended March 31, an increase of 46% from the year-earlier period....Read More
Here are five Fastmarkets stories you might have missed on Tuesday April 27 that are worth another look.Brazilian iron ore producer Vale expected to see higher premiums for iron ore pellet in the third quarter of this year, after steep increases were applied in both the first and second...Read More
A summary of base metals premiums from across the globe for the week to Tuesday April 27.Please click...Read More
Chinese importers have been competing for the best-quality copper scrap, citing concerns over future rises in the procurement cost of raw materials while the price rally continues, Fastmarkets has learnt.Suppliers of top-grade copper scrap in the Asia-Pacific region were selling candy and berry at thin discounts to the price of refined copper, as traded on the London Metal Exchange over the past m...Read More