Market participants follow the herd to avoid the FOMO (fear of missing out). But many times, that leads us to take irrational, self-defeating investing decisions. That’s why having a concrete investment plan and a basic understanding of our risk-taking abilities help. Here are some Canadian stocks that saw exuberance early this year that soon waned.Lumber bubble popsAlmost all commodities zo...Read More

Canadian markets have rallied 16% so far this year and more than 55% since the crash in 2020. So, are you among those who kept procrastinating waiting for a crash and missed one of the best rallies? Don’t feel bad! It’s still not too late. Here are three top TSX stocks that are relatively less volatile and offer handsome growth prospects.Franco-Nevada CorporationThe yellow metal has co...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 17 that are worth another look.New Brazilian service center Centro de Cortes de Pr?(C)-Pintados (CPP), which focuses on pre-painted steel products, started operational activity in the southern state of Santa Catarina on August 11, the company told...Read More

From C??te d'Ivoire to Chile, Raymond James analyst Craig Stanley scours the globe for junior gold mine stocks to buy.Although leisure travel to faraway places remains largely restricted, the movement of investment capital and people for work purposes have not faced nearly the same degree of difficulty. North American investors have looked to other economies for better returns when the outlook see...Read More

A third trade union representing workers at Codelco's Andina copper mine has gone on strike after rejecting the company's latest labor offer, the Chilean state-owned miner said.A third trade union representing workers at Codelco's Andina copper mine have gone on strike after rejecting the company's latest labor offer, the Chilean state-owned miner said. Suplant joined Industrial Integration Labor...Read More

A spike in the US Dollar Index in the afternoon of Tuesday August 17 brought down the prices for all base metals except tin and lead by the 5pm close of trading on the London Metal Exchange, with copper and nickel down respectively by 2% and 1.6%.The dollar index hit an intraday high of 93.14 on Tuesday, the highest since Thursday last week, when it reached 93.19."We've had two days of macro uncer...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 17, 2021 When I predicted the virus crisis of 2020 before there was any Corona, I did it using long-term cycles. I’ve since suggested that investors need to be prepared for a possible (and potentially more ominous) war cycle in 2021-2025. Please click here now. Will Afghanistan b...Read More

A third trade union representing workers at Codelco's Andina copper mine has gone on strike after rejecting the company's latest labor offer, the Chilean state-owned miner said.A third trade union representing workers at Codelco's Andina copper mine have gone on strike after rejecting the company's latest labor offer, the Chilean state-owned miner said. Suplant joined Industrial Integration Labor...Read More

Mining companies raised a total of US$1.45 billion in July, with financing by gold companies falling for the fourth straight month to below $500 million - the lowest figure raised since January.Read More

The company's full-year financial results were in line with expectations, with underlying EBITDA up 69% to US$37.4 billion, with a record EBITDA margin of 64%.The iron ore division accounted for $26.3 billion of EBITDA at a margin of 76%, followed by copper ($8.5 billion), petroleum ($2.3 billion) and coal ($288 million).Underlying profit was up 88% to $17 billion and attributable profit was up 42...Read More

Operations have been temporarily halted in Alashankou Port in Bortala Mongol autonomous prefecture, Northwest China's Xinjiang Uygur autonomous region, following reports of three new COVID-19 cases in the region on August 15.Commodities that have already arrived there, including copper cathodes, copper concentrates, refined zinc and zinc concentrates, are being held, and deliveries will be delayed...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 17 that are worth another look.New Brazilian service center Centro de Cortes de Pr?(C)-Pintados (CPP), which focuses on pre-painted steel products, started operational activity in the southern state of Santa Catarina on August 11, the company told...Read More

Turkish steel producers are continuing with deep-sea scrap purchases for September shipment, but at a slow pace, market participants told Fastmarkets on Tuesday August 17.A steel mill in the Izmir region booked a Venezuelan cargo consisting of 25,000 tonnes of HMS 1&2 (80:20) at $449 per tonne cfr late on Monday August 16.The cargo was scheduled to be shipped in the second half...Read More

Robust domestic prices in the Japanese steel scrap market were keeping prices for material from the East Asian country strong despite tepid demand from major importers, sources told Fastmarkets on Tuesday August 17.Japanese local scrap prices remain firmBuying interest for imported HS limited in ChinaTaiwan scrap import prices inch higher amid strong offers.JapanContinued robust demand in Japan's...Read More

US-listed lithium producer Albemarle is in formal negotiations with the Albemarle Salar Workers Union in an attempt to end their strike, the company's spokesperson has told Fastmarkets.The strike by members of the trade union at the Salar de Atacama lithium facility in the north of Chile started on Wednesday August 11 and was still continuing this week.FESUMIN, a Chilean federation of miners who w...Read More

We learned from Dr. Mark Cooksey, of Alcore Limited, that they are aiming to become the first low-cost, environmentally friendly producer of aluminum fluoride in Australia. Aluminum fluoride is a critical mineral, essential for aluminum smelting. Australia/NZ currently imports 100% of its aluminum fluoride requirement, mostly from China. Alcore plans to use aluminum smelter wastes to produce alumi...Read More

Glencore has started a long-term strategic partnership with Britishvolt, a UK-based investor in lithium-ion battery cell technologies and associated research and development, Glencore said on Tuesday August 17.The Switzerland-based trader-producer will supply responsibly sourced cobalt to the Btitish company, but it did not disclose the amount of cobalt to be committed."This is a huge step in the...Read More

A summary of China-headquartered Huayou Cobalt's results for the six months ended June 30, 2021, as released by the company on Monday August 16.January-June 2021 results(year-on-year change)Revenue 14.29 billion yuan ($2.21 billion), up by 57.91%Net profit 1.42 billion yuan,...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 17 that are worth another look.New Brazilian service center Centro de Cortes de Pr?(C)-Pintados (CPP), which focuses on pre-painted steel products, started operational activity in the southern state of Santa Catarina on August 11, the company told...Read More

Prices for hot-rolled and cold-rolled steel coil imports into the United Arab Emirates and Saudi Arabia increased during the week ended Tuesday August 17, although demand was only moderate, sources told Fastmarkets.The reason for this level of demand, given the slow market last week, was the low levels of stock being held in the two countries, sources said.But buyers preferred to make small bookin...Read More