Kenorland Minerals Ltd. is pleased to announce it has entered iRead full newsRead More
No lost time injuries at the Beatons Creek conglomerate gold projRead full newsRead More
When an investor’s priority is dividends, stocks with yields of 4% and lower aren’t attractive options. However, you can’t randomly pick high yielders, since not all are noteworthy investments. You still need to check if the company can sustain the payouts. Also, you must be sure the inherent risks align with your risk appetite.If you want to be richer or earn more than the avera...Read More
Dear Outsider,I hope you had a relaxing Independence Day with lots of fireworks. We didn't have any in Baltimore City, and I think I know why. More on that in a bit...First, we need to celebrate our freedom from an oppressive oligarchy that restricts our travel and tells us what to wear... freedom from taxation without representation, where our tax dollars go into the pockets of the rich... freedo...Read More
Bullish sentiment in the aluminium supply chain fueled increases in premium foundry alloy (PFA) premiums in Europe in the week ended Friday July 9. The PFA premium in the US was flat once again.EuropeSoaring premiums for P1020 aluminium, expensive logistics and solid demand pushed the premiums for primary foundry alloy (PFA) in Europe to new all-time highs this week.Fastmarkets' assessment of the...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More
London Metal Exchange base metal futures barring tin traded higher on Friday July 9 after the market responded to news that China's central bank will boost liquidity to small and medium sized businesses.The People's Bank of China said it would reduce the Reserve Requirement Ratio (RRR), the amount of cash banks have to hold in reserve, by 0.5%, equivalent to the release of a trillion yuan ($154 bi...Read More
Keith WeinerPosted Jul 21, 2021On June 24, the Champlain Towers South condominium building fell,killing at least 24 people. The collapse of this building provides a surprising number of insights into the collapse of a currency.The following discussion is based on information that is emerging about the incident. Some of the particular details we cite may later prove to be wrong. Our focus is not to...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More
LME copper was up 0.58% to US$9,377/t by mid-morning UK time on Friday, with nickel up 1.51% to US$18,610. Shares in BHP were up 1.61%, with Rio Tinto up 1.98% and Anglo American the biggest winner at 2.16%.The slight uptick came after US equities finished down on Thursday, with the S&P 500 and Nasdaq moving lower after hitting yet more all-time highs on Wednesday.Headlines in the US were domi...Read More
Key data from Fastmarkets' Friday July 9 pricing sessions in Europe, China and the United States.China The export ferro-silicon market was stable over the week, with few inquiries or deals made. Overall, market participants took a strong wait-and-see attitude to the steel mill tender in July. Spot availability is still quite tight...Read More
Adam HamiltonArchivesJul 09, 2020 The gold miners' stocks have been grinding sideways for several weeks, after getting whacked by mid-June's hawkish Fed surprise. While this low drift has really stoked bearish sentiment, the gold stocks are winding up like a coiled spring. Their strong technicals and fundamentals are storing big upside energy, which should soon fuel a sharp rebound rally. Traders...Read More
PGM (6E) production from the company's flagship Tharisa mine in the western limb of the Bushveld Complex rose 8.9% quarter-on-quarter to 39,000 ounces, with rougher feed grades up 7.8% to 1.52 g/t.Read More
Spot copper concentrate treatment/refining charges (TC/RC) continued to rise for the fourth week in a row on the improving availability of the copper raw material.Fastmarkets copper concentrate TC/RC index was calculated at $42.4 per tonne/4.24 cents per lb for the week to Friday July 9, its first foray above the $40/4 cents mark since late...Read More
Key data from Fastmarkets' Friday July 9 pricing sessions in Europe, China, India and the United States.Europe The silico-manganese market continued to strengthen in response to tight availability of material and robust demand from consumers. Prices in the market have been on an uptrend since the start of the year with steel production recovering from the effects of the Covid-19 pandemic. While co...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou, Yingchi Yang and...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies...Read More
Global scrap prices broadly fell over the week to Friday July 9. Spot demand in Asia remained weak, with buyers looking at lower Turkish steel scrap prices for indications of better buying opportunities in the future.Turkey resumes deep-sea importsPrime grades perform best in USVietnam demand soft but billet demand could offer hopeChinese price uptrend capped by production cutsTaiwan continues to...Read More
The inter-merchant light iron scrap market in the United Kingdom was unchanged this week although increased demand could result in small price rises in the coming weeks, participants told Fastmarkets on Friday July 9.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?175-190 ($241-262) per tonne on Friday, unchanged since June 18...Read More
Prices for shredded steel scrap imports into Pakistan increased in the week to Friday July 9, supported by higher trading activity compared with India, sources have told Fastmarkets.Fastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan, at $547.34 per tonne on July 9, up by $7.83 per tonne from $539.51 per tonne on July 2.Deals for the material have been...Read More