Signs of economic trouble ahead seem to be all over.Some are underappreciated, some are over-appreciated. Both are horribly misrepresented to our detriment.On the underappreciated side of the spectrum there are issues like inflation, one that Fed Chairman Powell and the Biden administration, along with the stock markets, seem to finally acknowledge. Yet officials and the MSM keep toeing the line a...Read More

* Senior judges say appeal has "real prospect of success" * Claimants' lawyers hail ruling as "monumental judgment" * BHP says proceedings do not belong in UK * 2015 dam failure caused Brazil's worst environmentaldisaster(Adds no comment from Vale)By Kirstin RidleyLONDON, July 27(Reuters) - London's Court of Appeal made aU-turn on Tuesday by agreeing to reopen a $7 billion laws...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 27 that are worth another look.More than three-quarters of the effort to reduce carbon emissions to net-zero by 2050 will have to be made by the power sector and through faster adoption of wind...Read More

All base metals prices on the London Metal Exchange fell on Tuesday July 27 at the close of trading, after an exuberant afternoon on Monday, with nickel's price most badly affected and down by 1.8%.Nickel's price fell to $19,357 per tonne at 5pm on Tuesday, after closing at $19,717 per tonne on Monday. This was its highest 5pm price since February, and close to its year-to-date high of $20,110 per...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 27, 2021 For investors who are following the Corona action, please click here now. The delta variant is a concern, and it’s possible that more severe variants emerge over the coming year. I’ve detailed 2021-2025 as a possible war cycle period.If the economy were to be lock...Read More

Nickel producers are putting an increased focus on sustainability credentials in a bid to lock in consumer demand from the automotive industry, sources told Fastmarkets.Increased scrutiny from end consumers and government policy on lower carbon emissions throughout the supply chains have nickel producers looking to highlight sustainability to secure long-term deals. Most recently, internation...Read More

Jack ChanPosted Jul 27, 2021Gold sector as represented by $HUI is now on a new major SELL signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is now in bear market values.COT data suggests overall lower prices. Our ratio is on SELL signal.USD has a...Read More

"Since this morning's London open we have noted a systematic offer across most of the metals as some mean reversion type systems kick in," Marex's Alastair Munro said from the LME desk."And copper faces the distinct possibility of worker trouble at Escondida, the world's largest mine, over the next week or two."Gold was similar to the point yesterday, at US$1,798 an ounce on the spot market, as in...Read More

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday July 27 and their latest price moves.China Stainless steel mills in Tsingshan set their August-delivery tender price for ferro-chrome at 10,795 yuan ($1,664) per tonne, an increase of 2,400 yuan per tonne (29%) from the previous month. The tender price rise led to a sharp rise in spot prices, with dome...Read More

The latter is said to have been a "stable industry leading business that has produced cobalt products for key markets since 1968" and involves "contractual rights to refining capacity and ownership ofRead More

Teck Resources has updated its zinc concentrates production guidance for 2021, following "a strong second quarter operating performance" in its zinc business unit, the Canadian miner said in its second quarter results. At CAD 1.956 billion ($1.555 billion), net profits were up by 79% in the first half of the year.At a glance copper:  Overall copper production was up by 10.8% in the first half...Read More

Here are five Fastmarkets stories you might have missed on Tuesday July 27 that are worth another look.More than three-quarters of the effort to reduce carbon emissions to net-zero by 2050 will have to be made by the power sector and through faster adoption of wind...Read More

Australia-listed Jervois Mining has agreed to purchase the Freeport Cobalt refinery in Finland for $160 million from Koboltti Chemicals Holdings, it said on Tuesday July 27.The deal, Jervois said, could lead to the company growing into the world's second-largest producer of refined cobalt outside of China. Koboltti is a holding company owned by Freeport McMoRan and Lundin Mining. The...Read More

Ferrous scrap prices increased in the main Mexican markets in the week to Tuesday July 27, with some market participants expecting them to stabilize at the current levels.Prices for prime scrap showed small gains, with the generation of such grades still limited by low output in the automotive sector, and demand remaining strong.Some sources reported that one scrap buyer was increasing its price f...Read More

Turkish steel producers remained quiet in deep-sea scrap import markets due to the summer slowdown, sources told Fastmarkets on Tuesday July 27.Domestic steel trade has been on hold since July 15 due to public holidays.Turkey observed the Democracy and National Solidarity Day on July 15 and Eid al-Adha the following week from July...Read More

Import prices for HRS101-grade ferrous scrap into China were unchanged on Tuesday July 27 but steel production cuts dampened spot demand for the material, sources told Fastmarkets."The restrictions on crude steel production have reduced our demand for scrap to a minimum recently," a Chinese mill source based in Hebei province told Fastmarkets. "We will reduce our production rate starting next mont...Read More

Base metals prices on the London Metal Exchange were down across the board on Tuesday July 27, after a generally upbeat day on Monday, while the base metals on the Shanghai Futures Exchange were mixed this morning.Chinese equities under pressure again today - market worried about regulatory interventionPre-market western equity index futures showing a weaker start againBase metalsLME three-month b...Read More

In 1978, my parents, following the great American tradition, packed up the green Ford station wagon and headed west across the country.The dog slept in the footwell as my brother and I rode tail gunner, staring backward across the plains and pumping our arms for the truckers to blast their horns. I had an imaginary scythe that cut telephone poles in half and sliced off the tops of hills.It's been...Read More

Hi, everyone. At the risk of repeating myself from INK Chat, I just want to make sure that everyone is aware of a fantastic interview series on INK Ultra Money this week. Real Vision's Kiril Sokoloff sits down with Cathie Wood, the CEO of ARK Investments.Cathie Wood this week on INK Ultra MoneyReal Vision is releasing one segment each day this week. I watched the first one on Sunday night, and it...Read More

US-based carmaker Ford is to open a new center to develop, test and build vehicle battery cells and cell arrays at Romulus, in the US state of Michigan, accelerating the company's research and development into future battery manufacturing, the company has said.The new center will be called Ford Ion Park and will be part of the company's renewed commitment to making Michigan a center for its focus...Read More