This week's episode features Cameco's Q2 conference call with CEO Tim Gitzel, who discusses the company's ongoing challenges with low uranium prices. Despite optimistic forecasts for a uranium supply crunch, Gitzel explains how the market remains oversupplied, with the company continuing its strategy to buy uranium off the spot market to reduce available supply. He also discusses how the European...Read More
Australia's Vital Metals (ASX: VML), the first rare earths producer in Canada, has announced a trading halt until August 12 on reports of alleged negotiations to acquire two projects in Quebec, one of which is considered to be the world's fourth largest dysprosium deposit. The company, AFR reported, is said to be in final talks to acquire the Zeus project and a 68% interest in Kipawa, two rar...Read More
A new report by Wood Mackenzie predicts that the usage of aluminum, copper, and zinc in the solar power sector will double by 2040, thus prompting an increase in demand. "Base metals are an integral component of solar power systems," Kamil Wlazly, Wood Mackenzie's senior research analyst, wrote in the report. "A typical solar panel installation requires aluminum for the front frame and a combin...Read More
Following a rejection of the Grassy Mountain metallurgical coal project in Alberta from a joint review panel last month, Benga Mining has now received a second "no" - this one from the federal government.In a decision released on Friday, Jonathan Wilkinson, Canada's Minister of Environment and Climate Change, said that a review of all relevant information, including the joint panel's June 17 repor...Read More
Gold made an attempt to settle below $1675.Read full newsRead More
Exploring and Building Multi Mine Silver Assets in Idaho and British ColumbiaRead full newsRead More
Bald Eagle Gold Corp. is pleased to announce that the Company hasRead full newsRead More
Young investors should take risks if there’s a good shot at obtaining market-beating results over the long term. If the risk/reward scenario makes sense and time is on your side (you’ve got at least five years to invest), some of the higher-flying, high-growth Canadian stocks may make sense to buy, at least in part. Getting some skin in the game in a company you truly believe in over t...Read More
Is your internet slow?Do you ever just sit there, watching your cursor make an infinite loop of circles while you wait for a link to open and content to load?Does your web browser freeze up or crash when all those ridiculous video ads automatically start to play?Well it's not just you, or your computer.It's the internet.It's America's internet.It's terrible.That might seem kind of strange since we...Read More
Here are five Fastmarkets stories you might have missed on Wednesday August 11 that are worth another look.ArcelorMittal will start up a third rolling mill at its Jo??o Monlevade long steel plant in Brazil's southeastern Minas Gerais state in January 2022, due to strong demand and...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 11.Please click...Read More
Tin's three-month price reached yet another all-time peak of $35,795 per tonne on Wednesday August 11 on the London Metal Exchange. Most other base metals, copper being the sole exception, were also up while the US Dollar Index pulled back slightly.Months-long supply tightness and continued demand for tin meant that its three-month price has risen by 70% since the start of the year, having been $2...Read More
Spot ferro-chrome prices in China continued to correct downward after peaking at a 13-year high point at the end of July, despite the continuing output restrictions caused by power supply limitations in a number of production regions.Fastmarkets' price assessment for ferro-chrome, spot, 6-8% C, basis 50% Cr, ddp China, fell by 400-500 yuan to 10,400-10,800 yuan ($1,603-1,665) per tonne on Tuesday...Read More
Union leaders and the operating company of Chile's Escondida mine have agreed terms on a new collective bargaining agreement, potentially avoiding a proposed strike at the world's largest copper mine.In a statement reported in the Chliean daily El Mercurio, operating company Minera Escondida said: "The company and the directors of the Union No1 have concluded negotiations [on a] collecti...Read More
The company said the schedule to achieve 75% of full production of 2.7Mtpa had increased by 1.Read More
Liontown is aiming to deliver a definitive feasibility study for its Kathleen Valley project in Western Australia by year-end and be in production in 2024.Read More
Swiss trader ArrowMetals & Trading is building a base metals concentrates desk, having hired three traders in the past month.Julian Gonzalez, Raphael Senn and Javier Villegas, all formerly of Cliveden Trading, have recently joined Arrow to trade copper, zinc and...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Dalila...Read More
An overview of the consumer electronics markets and their latest price moves.Janie Davies and Dalila...Read More
Turkish steel mills remained out of the deep-sea scrap market on Wednesday August 11, booking no new cargoes, sources told Fastmarkets.With no new transactions heard, the market remained steady.A small number of older cargo deals had come to light at the start of this week, for material...Read More