Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), is pleased to announce its wholly owned portfolio company that owns the proprietary ezGreen Point of Sale (POS) software has been approved by the City of Adelanto, California as the official Point of Sale vendor for city sanctioned cannabis events.The official approval by the city of Adelanto is an...Read More
Key data from the pricing sessions in Asia, Europe and the United States in the week to Tuesday June 15.China Domestic spot ferro-chrome prices rose again after suppliers increased their offer prices due to supply tightness and power restrictions in Inner Mongolia and some southern regions.Momentum in the domestic ferro-chrome market and robust demand from stainless-steel makers encouraged...Read More
Markets are awaiting more cues on inflation and monetary policy.After the European Central Bank last week kept monetary policy unchanged at accommodative levels, all eyes this week will be on the US Federal Reserve's policy meeting, with the bank expected to maintain its dovish stance, Reuters reported."With the market running a short USD position and leveraged funds having pared back shorts in US...Read More
The debut of Zijin Mining 's new Serbian copper mine has been postponed to the fourth quarter of 2021, local media See News reported on Tuesday June 15. Citing a statement from Serbia's mining ministry on Monday June 14, the mine in the Cukaru Peki Upper Zone of Serbia's Timok copper-gold project has received approval to construct the mining facilities and execute mining operations, the...Read More
The transition to underground involves the development of two underground mines called Reid Brook and Eastern Deeps which will achieve production of 40,000 tonnes of nickel in concentrate by 2025 withRead More
The latest data for the global manganese ore market for the week ended June 15, 2021. Read More
Here are five Fastmarkets stories on Tuesday June 15 that are worth another look.With responsibilities across Tata Steel's diverse international portfolio of steelmaking assets, chief executive officer and managing director T V Narendran has a wide-ranging view of, and experience in, the global steel industry. He told Kunal...Read More
The United Kingdom and Australia secured a free trade deal on Tuesday June 15, which marks the first agreement negotiated from scratch since Britain's departure from the European Union.The UK government has hailed the agreement as an important step in building new trade relationships post Brexit. Previous deals reached with other nations such as Japan and Norway were built upon existing arrangemen...Read More
Ferrous scrap prices in Mexico continued to rise across nearly all grades in the week ended Friday June 11, with most consumers struggling to secure volumes.Both the obsolete and prime grades are in heavy demanded, with the market outlook for most steel products positive.Fastmarkets assessed the steel scrap No1 busheling, consumer buying price, delivered mill Monterrey at 11,200 pesos ($566)...Read More
Tight steel scrap supply in the UK, due to reduced car production and demolition projects, in addition to strong demand for feedstock from steelmakers, has pushed up domestic scrap prices in June for the second month in a row, sources said on Tuesday June 15.Scrap supplies in the UK and across Europe have been further tightened by steady export demand into traditional destinations such as Turkey a...Read More
Turkish steel mills have booked two new deep-sea cargoes at prices that continue the recent downward trend, sources told Fastmarkets on Tuesday June 15.Two US cargoes were heard on Tuesday, and were heard to be of similar composition.A mill in the Marmara region bought the two US cargoes, consisting of unknown tonnages of HMS 1&2 (80:20) at $500 and $501 per tonne, plus shredded and bonus material...Read More
The United Kingdom and Australia secured a free trade deal on Tuesday June 15, which marks the first agreement negotiated from scratch since Britain's departure from the European Union.The UK government has hailed the agreement as an important step in building new trade relationships post Brexit. Previous deals reached with other nations such as Japan and Norway were built upon existing arrangemen...Read More
The debut of Zijin Mining 's new Serbian copper mine has been postponed to the fourth quarter of 2021, local media See News reported on Tuesday June 15. Citing a statement from Serbia's mining ministry on Monday June 14, the mine in the Cukaru Peki Upper Zone of Serbia's Timok copper-gold project has received approval to construct the mining facilities and execute mining operations, the...Read More
Weakness was evident across the base metals in London and Shanghai on the morning of Tuesday June 15 despite pre-market Western equity index futures driving higher and high volumes traded on the London Metal Exchange.14,205 lots had been traded on the LME by 5.52am London time compared with typical volume of 6,000 lots at this timeMarkets seem to be nervous about the measures China's authorities m...Read More
China lithium producer Ganfeng Lithium is acquiring a 50% stake in a special purpose company that owns the Goulamina hard-rock mine in Mali for $130 million, the company said on Tuesday June 15.Australia-listed Firefinch, Goulamina's current license holder, will hold the remaining 50% stake of the company that Firefinch plans to set up. Mali's government can take 10% of the equity, free of charge,...Read More
Here are five Fastmarkets stories on Tuesday June 15 that are worth another look.With responsibilities across Tata Steel's diverse international portfolio of steelmaking assets, chief executive officer and managing director T V Narendran has a wide-ranging view of, and experience in, the global steel industry. He told Kunal...Read More
Market participants in Europe expect domestic prices for hot-rolled coil in the region to remain fairly stable in the short term due to an ongoing shortage of material, sources told Fastmarkets on Tuesday June 15.Trading activity has been slow in June, with buyers preferring to hold back from making new deals and accepting current mill prices if they need to restock specific material or if they ha...Read More
Most prices for flat steel imported into the United Arab Emirates and Saudi Arabia increased during the week ended Tuesday June 15, with several deals heard, sources have told Fastmarkets.Demand was moderate in the region for flat steel products but the new deals were expected because most users have low stock levels, the sources added.Saudi ArabiaHot-rolled coil was offered at $1,000 per tonne cf...Read More
The current stock market is running on meme's and crypto. Here is a meme about meme stocks. It's so meta.Bitcoin has run from $10,000 to $64,000 and is back down to $39,000 today. I first recommended Bitcoin at $449.00 back in 2017 in The Bull & Bust Report and my readers took some massive profits along the way.And not to brag, but as luck would have it, I had recommended AMC in my trading service...Read More
Some steel rebar and billet prices in the United Arab Emirates decreased during the week ended Tuesday June 15, although demand was better because of low stock levels, sources have told Fastmarkets.Local rebar producers kept their prices unchanged during the week, but gave some discounts.Domestic rebarThe country's biggest producer, Emirates Steel, was offering rebar at 3,067 dirhams ($835) per to...Read More