Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
Rio Tinto has achieved Aluminium Stewardship Initiative (ASI) Performance Standard certification for its ISAL aluminium smelter in Iceland, the company said.The certification is provisional - following an independent, remote audit - with an onsite audit to be completed when possible after the easing of Covid-19 travel restrictions, the company said. Rio Tinto offers ASI-certified aluminium from ei...Read More
It was worth $1,792/oz at the time of writing.Meanwhile Orefinders Resources' spin-out American Eagle Gold (TSXV: AE) started trading yesterday, having raised C$3.6 million at 20c per share.Part of the Ore Group, insiders and management own 44% of the company, which is focused on its flagship Golden Trend asset in Nevada adjacent to Barrick Gold and Newmont's Goldrush joint venture.It said its VP...Read More
The move comes as the palladium price is around a record high, near US$2,900 an ounce, on rebounding automaker demand and supply disruptions. The committee also agreed Sibanye-Stillwater could have until the commercial production decision date, "temporarily deferred" to July 22, to elect whether to increase its stake in Marathon - again.Stillwater Mining took over Marathon in 2010 for US$118...Read More
The latest data for the global manganese ore market for the week ended May 3, 2021.Read More
AEX was forced to halt work on the project in February after COVID-19 caused significant delays and cost overruns.Read More
Share this article CALGARY - The metal and mining industries have been one of the most popular ones with respect to profits in the investors' circles. Before the pandemic hit us, these two sectors were booming high because of the increasing demand. Although these two sectors seem the same initially they have a very fine line dividing the two. It has been seen that most of the leading companies in...Read More
Share this article TORONTO - American Eagle Gold Corp. (TSXV: AE) reported that effective today, May 3, 2021, it has begun trading its common shares under the symbol 'AE' on the TSX Venture Exchange.American Eagle is a Nevada-focused exploration company whose flagship asset is the Golden Trend Project, immediately adjacent to Nevada Gold Mine's (Barrick and Newmont JV) Goldrush deposit wit...Read More
Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
Prices for domestic and imported merchant bar quality (MBQ) steel products in the United States rose in April amid strengthening demand.Fastmarkets' monthly assessment for steel bar 2 x 2 x 1/4 -inch angle merchant products, fob mill US was $47.80 per hundredweight ($956 per short ton) on Friday April 30, up by 4.37% from $45.80 per cwt on March 26 and by 7.90% from $44.30 per cwt in Februa...Read More
Singapore's rebar import prices are getting a boost from the new ferrous tax policies announced by China, market sources said.China's Ministry of Finance said on April 28 that there will be no taxes for semi-finished steel, such as billet, causing buyers in Asia to rush to procure cargoes in anticipation of shortages in the spot market if China starts purchasing more quantities.This has cause...Read More
Here are five Fastmarkets stories you might have missed on Monday May 3 that are worth another look.Brazilian slab exporters are enjoying their strongest margins in years, despite a steep steelmaking raw material cost inflation, with record-high finished steel prices in the United States supporting...Read More
From travel to Rolexes to basic equipment needed for cryptocurrencies, pent-up demand is very real, says Frank Holmes. Speaking with our Daniela Cambone, the CEO of aviation ETF $JETS talks about Europe opening up to vaccinated Americans- and addresses consumers' desire for luxury goods ranging from Rolexes to Hermes. Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, I...Read More
On This Week in Charts Episode 2, Aaron talks about how US general stock market indexes are rising on retail buying frenzy while volume of stocks traded Monday-Friday is collapsing. This is because institutional investors are selling shares into the rallies on stocks. Aaron thinks that later in 2021, maybe Q3 or Q4 that there will be another major US stock market correction or crash. Aaron also ta...Read More
Even if "won," endless wars like our 20 year assault on Afghanistan would not benefit our actual national interest in the slightest. So why do these wars continue endlessly? Because they are so profitable to powerful and well-connected special interests. In fact, the worst news possible for the Beltway military contractor/think tank complex would be that the United States actually won a war. That...Read More
The proposal "leverages the information that financial institutions already know about account holders, simply requiring that they add to their regular, annual reports information about aggregate account Continue...Read More
"The fact is, we are no longer in a state of emergency," DeSantis said during a news conference. "I think that's the evidence-based thing to do," DeSantis added.Continue...Read More
Warren Buffet is seeing lots of inflation out there, the lumber problem. He has a ot of homebuilder assets. To him it's a real thing. People will listen? Will they sell bonds and jump into real assets?Supply chain ailments. If you're building a house lumber has tripled and you can't just go and buy a new stove or washer. They're 6 months backordered. Charlie Munger hates cryptos. The currency of "...Read More
Jeffrey Gundlach speaking at the Albright Knox Gundlach Museum Fundraiser in Buffalo, NY on April 22, 2021.Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manag...Read More