The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies....Read More
A summary of Swiss long stainless steelmaker Swiss Steel Group's - formerly Schmolz + Bickenbach - financial results for the second quarter (April-June) of 2021.In brief Sales for the second quarter of 2021 rose by 72.1% year on year due to good demand from the automotive industry as well as from the mechanical and plant engineering industry.Higher stainless steel prices - primarily derived f...Read More
New Gold Inc. (TSX: NGD; NYSE American: NGD) shares trading in Toronto fell to a 12-month low on Thursday after the company reported weaker than expected June-quarter financial results and cast doubt on whether it might achieve its full-year production guidance.After markets closed on Wednesday, New Gold said it now expected to achieve the lower end of the 440,000 to 490,000 gold-equivalent ounces...Read More
Australia's largest gold producer, Newcrest Mining (TSX: NCM; ASX: NCM) is investing A$246 million (about $226 million) to expand its Telfer gold-copper operations, which include the Main Dome, West Dome open pits and underground mines, for at least two years. The company said it the West Dome Stage 5 cutback would allow further mine life extension opportunities to be assessed within the open...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has put up for sale its final collection of rare pink, red, violet and blue diamonds from its iconic Argyle mine in the remote east Kimberley region of Western Australia. Mining ended at Argyle in early November last year, after 37 years of uninterrupted production during which the mine became the source of about 90% of the world's prized rose-to-mag...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsMining and the lack of external investmentSPONSOREDswannA century ago, those in control of the global mining industry appeared to place little weight on their social impact. B...Read More
LUXXFOLIO Holdings (CSE:LUXX) has announced a significant expansion of the crypto mining facility managed by LUXX Mining Division subsidiary Westblock.Read full newsRead More
VANCOUVER, British Columbia, Aug. 06, 2021 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the "Company") is pleased to announce that it has closed the previously announced Precious Metals Purchase Agreement (the "NX Gold Stream") with RGLD Gold AG ("RG AG"), a wholly owned subsidiary of Royal Gold, Inc. The Company has received total upfront cash consideration of US$100 milli...Read More
Todd Hennis, owner of the Gold King Mine, is suing the United States of America for its use of his property in response to the Gold King Mine spill in 2015.The lawsuit claims the EPA contaminated and...Read full newsRead More
Kyrgyzstan set to complete seizure of Canada-run gold mineRead full newsRead More
Empress Royalty Corp. is pleased to announce receipt of the firstRead full newsRead More
MARV: TSX-V O4T1 : GR MARVF: OTCQB Marvel Discovery Corp. , ; Read full newsRead More
Buying dividend stocks when the stock price has taken a dive usually allows you to lock in a juicier yield. But if you also throw discounted valuation into the mix, the overall asset becomes even more attractive. However, not all discounted stocks are also undervalued and vice versa, and if you prioritize valuation discount over price discount, here are three stocks that should be on your radar.A...Read More
The second-quarter earnings season has been quite encouraging so far and has underlined the firm recovery. The momentum in the stock market could continue, driven by solid financial growth for the next few quarters. Here are three top Canadian stocks that recently broke above their usual range. These three offer decent growth prospects in the short as well as in the longer term.NuveiCanada’s...Read More
Dear Outsider,I spotted a large X in the middle of a busy street and carefully ambled through traffic to stand on it. I cast my eyes upwards, to an open window in the Texas School Book Depository. Yes, that book depository. I was in Dealey Plaza standing on the very spot where John F. Kennedy was assassinated on November 22, 1963. It was quite surreal, as the window that Lee Harvey Oswald alleged...Read More
Here are five Fastmarkets stories you might have missed on Friday August 13 that are worth another look.Extended waiting times and bottlenecks at major Chinese ports have resulted in lower demand for imports of steel billet and higher freight costs for such shipments this week, sources told Fastmarkets...Read More
Aluminium primary foundry alloy (PFA) premiums were unchanged this month in Europe and the United States, continuing to lag other value-added products such as billet.EuropeFastmarkets assessed the aluminium primary foundry alloy, silicon 7 ingot premium, ddp Germany at $510-550 per tonne on Friday August 13, flat from July 9. "The market has been really quiet this week. We are waiting until Septem...Read More
Base metals prices on the London Metal Exchange were trading mostly higher at the close on Friday August 13, with copper, aluminium and lead all making gains.The three-month aluminium price closed at $2,600 per tonne, up from $2,582.50 per tonne. This was the first time it has closed above $2,600 per tonne since August 2.The price hit an intraday trading high of $2,622.50 per tonne, also the highe...Read More
An overview of the new energy materials markets and their price moves in the week to Friday August 13.Susan Zou, Yingchi Yang and...Read More
Aug 13, 2021 Guest(s): Michael Gentile strategic investor The U.S. Federal Reserve is "trapped", says Michael Gentile, strategic investor. Gentile told David Lin, anchor for Kitco News, that two scenarios could play out: either the Fed raises rates by 25 basis points next year to regain confidence in the markets, or they let inflation run hot and do nothing. Neither of these scenarios will be en...Read More