New Day Aluminum Holdings, the parent company of Noranda Bauxite, Noranda Alumina, and Niche Industrial Chemicals, on June 2 announced the appointment of John Habisreitinger as chief operating officer.New Day produces bauxite for metallurgical and non-metallurgical applications in Jamaica, and...Read More
Bob Moriarty ArchivesJun 5, 2020Part of the reason might be that their silver projects in Mexico used to be owned by Mag Silver until two years ago. Mag spun off a number of their great silver projects that they just didn’t have the bandwidth to move forward into a private company named Reyna Silver.Reyna is just finishing up a reverse takeover and will be trading publicly in the next week o...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday June 5.China The domestic market has stabilized while immediate availability of material has continued to be tight. The export market was unchanged, with an absence of trading activity....Read More
The company announced a placement to new and existing institutional investors to raise up to £16 million. The issue price is 21.5p, a discount to its Thursday closing price of 24p.Read More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF), a leading creator and publisher of counter culture mobile games, has signed and in-bound and out-bound representation agreement with Treimage LLC, Branding Licensing Consultants with expertise in celebrities, artists and unique brands that are an integral part of today's culture."Successful products begin with great Intellectual Property "IP" as a...Read More
The proposals for NEVs, which encompass electric vehicles, came from a number of delegates attending the 13th sessions of the National People's Congress (NPC) and Chinese People's PoliticalRead More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday June 5. Japan and South Korea Indian suppliers further pushed up offer prices on increased raw material expenses and tight supply caused by the country's Covid-19 lockdown. The higher offer prices underpinned high-carbon ferro-chrome prices in Japan and...Read More
Adam HamiltonArchivesJun 05, 2020 The gold miners' stocks just rolled over into a correction, raising concerns about the staying power of their massive post-panic upleg. These higher prevailing gold prices have driven very-strong fundamentals at the gold miners. But they are entering the seasonally-weak summer doldrums. And current sentiment and technicals play major roles in governing when uplegs...Read More
The Covid-19 pandemic has highlighted the importance of regional supply chain security for critical materials like cobalt, the president and chief executive officer of First Cobalt said. According to Trent Mell, the increasing trend toward electric vehicles (EVs) has added to the impetus to ensure that a reliable and ethical supply of refined cobalt is available for use in batteries. "If the Covid...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 272,19653,16237,007108,654365,277417,857455,446 Change from Prior Reporting Period -15,9522,928-2,944-23,323-41,022-42,219-41,038 Traders 20260715556284161 Small Speculators LongShortOpen Interest 57,88820,299475,745 -1,410-2,591-43,629 non reportable pos...Read More
By: Ira EpsteinGold is in a correction, but strong supports in the $1,600's:Read More
An overview of the battery raw materials markets and their latest price moves.Read More
While the government has encouraged regulatory agencies to use virtual meetings to avoid face-to-face meetings, in practice, that has not been so simple for public hearings related to the award of concession contracts or prior consultation processes, Angela Salazar, head of mining at Lloredo Camacho said on a Colombia Mining Legal Tour webinar."The ANM [National Mining Agency] has implemented a mi...Read More
The inter-merchant spot price for light iron scrap in the United Kingdom moved up for the second consecutive week on Friday June 5, driving by ongoing tight material availability. Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was ?65-80 ($82-100) per tonne on Friday, up from ?60-70 per tonne on May 29. This is the second wee...Read More
The price of containerized ferrous scrap imports into India maintained its upward momentum in the week to Friday June 5, as activity returned to the market, sources told Fastmarkets.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India at $278.58 per tonne on Friday, up from $275.21 per tonne a week earlier.Most market sources reported offers for shredded material...Read More
Vehicle production increased in Latin America during May, when compared with the all-time lows reported in April, but continued to represent a sharp year-on-year decrease while most plants remained closed or are just starting to reopen following Covid-related halts.Mexico, Brazil and Argentina are the region's top auto producing countries, Fastmarkets understands.MexicoMexican light vehicle output...Read More
The metals were mixed this morning, Friday June 5, but Asian-Pacific equities were mainly stronger, as were pre-market major western equity index futures. The unemployment rate in the United States is expected to climb to 19.4%. Equities have followed history by focusing on governments' monetary/fiscal actions... ...but can money alone right the impact of the virus, or can only a vaccine do that -...Read More
The Covid-19 pandemic has highlighted the importance of regional supply chain security for critical materials like cobalt, the president and chief executive officer of First Cobalt said. According to Trent Mell, the increasing trend toward electric vehicles (EVs) has added to the impetus to ensure that a reliable and ethical supply of refined cobalt is available for use in batteries. "If the Covid...Read More
The uptake of batteries for energy storage is expected to soar between 2020 and 2030 in Europe, supporting the growth of flexible electricity assets while new renewable capacity ramps up in its key economies.Investments in green mobility and renewable sources of electricity are high on the agenda of the EU member states, to comply with energy transition targets.With sales of electric vehicles (EV)...Read More
An overview of the battery raw materials markets and their latest price moves.Read More