Visible gold from Eastern Gold Zone mineralization at Perron Credit: Amex Exploration. Amex Exploration (TSXV:AMX) has reported multiple drill results from the Eastern Gold Zone on its 100% owned Perron property in northwestern Quebec.Drill hole PE-19-165 intersected 28.97 g/t Au over 5.60 m at a vertical depth of approximately 660 m. This intercept increases the bonanza grade core of the HGZ on...Read More

The LME three-month aluminium price was the standout performer on Friday June 26, breaching nearby resistance despite limited turnover, while a steady rise in LME copper futures prompted a tightening of the red metal's forward curve.Aluminium's outright price on the LME closed at $1,601.50 per tonne on Friday afternoon, climbing from an intraday low of $1,571 per tonne, while turnover was lower th...Read More

The closure of the Chuquicamata copper smelter in Chile could last up to two weeks, Fastmarkets learned on Friday June 26. The exact duration of the closure will "depend on the number of [Covid-19] cases found," with tests being carried out on staff, a source with direct knowledge of the matter told Fastmarkets. Meanwhile, the refinery continues to operate at one third of capacity to process exist...Read More

A growth in investing based on environmental, social and governance (ESG) issues is rapidly advancing a widespread market appreciation of low-carbon products, including aluminium, the chairman of En+ Group said. Lord Gregory Barker said that while mainstream investors previously did not turn their attention to so-called "green investing," there is now an increasing recognition that a large, geopol...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

One year on from taking Nyrstar private, Trafigura chief financial officer Christophe Salmon says the trading firm "made the right choice" by committing $2.9 billion in capital doing so.In a wide-ranging interview with Fastmarkets, Salmon and Nyrstar chief executive officer Daniel Vanin discussed investment, cost reduction and plans of the company, which is the world's second-largest zinc and lead...Read More

The spot market for copper concentrate remained quiet in the week ended Friday June 26 due to Chinese market participants away for the national Dragon Boat Festival holiday. Fastmarkets' benchmark copper concentrate treatment and refining charge (TC/RC) index fell to $46.80 per tonne / 4.68 cents per lb on Friday from $47.30 per tonne / 4.73 cents per lb a week earlier. ...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce it has completed its previously announced non-brokered private placement financing (the "Offering") pursuant to which Accel Telecom Ltd. ("Accel") subscribed for 1,330 senior unsecured convertible debentures (the "Convertible Debentures") at an issue price of CDN$1,000 pe...Read More

Adam HamiltonArchivesJun 26, 2020Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing in favor for more near-term gains to come, gold stocks never grew overval...Read More

Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday June 26. China The domestic market was propelled higher by continued tight availability, with increased spot demand from mill restocking ahead of the Dragon Boat Festival holiday on June 25-27.Export prices followed the domestic market up, despite major suppliers admitting...Read More

An overview of the minor metals markets and the reasons for their latest price moves.Read More

The Minerals Council South Africa figures indicate more than 34,000 jobs have been lost in the industry, which employed about 455,000 people in 2019.The mining lobby group had reported the industry's first death from the global pandemic on May 15.At the time, there were 23 positive COVID-19 cases among the country's mining employees.That figure broke through the 1,000 mark last week, with the seco...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort308,45956,50247,555114,410401,702470,424505,759Change from Prior Reporting Period 31,0643,4551,4683,48832,76036,02037,683Traders22560695457305163 Small Speculators LongShortOpen Interest 61,67726,342532,101 6,5184,85542,538 non reportable positionsChange from the previous reporti...Read More

By: Ira EpsteinGold weekly chart shows $16+ for the week going into Friday. $1785 area still the resistance, will be looking at this..Read More

The price of austenitic stainless steel scrap in the European domestic market moved slightly higher this week because of tight supply, despite low demand from mills and lower nickel costs, Fastmarkets heard on Friday June 26.Traders had by this week settled their terms with stainless steel mills for July, and in some cases had secured slightly lower nickel discounts - when traders sell to mills, t...Read More

The inter-merchant spot price for light iron scrap in the UK was unchanged in the week to Friday June 26, continuing the stability seen last week amid low-key but steady trading and little change in export prices, trade sources said.There was also some market expectation that monthly delivery settlement prices would be rolled over after the conclusion of negotiations due to start next week.Trade s...Read More

Steel scrap prices in the major regions started to weaken during the working week from Monday June 22 to Friday June 26, amid softening demand.Turkish mills booked only two deep-sea cargoes this weekUS export prices down $6 per tonneSteady demand could not prevent prices weakening in VietnamImport prices down in Taiwan ahead of festival periodLower prices entice buyers in India.TurkeyTurkish steel...Read More

Markets were mainly firmer this morning, Friday June 26, with the base metals up across the board and most Asian-Pacific equities indices showing gains, while gold prices were consolidating - all of which suggesting a slight risk-on sentiment.Pre-market major European equity index futures were up by around 0.7%, following gains in the United States on Thursday.Global trade dropped by 12.1% in Apri...Read More

TORONTO - The Ontario government is helping large industrial and commercial companies return to full levels of operation without the fear of electricity costs spiking by providing more stable electricity pricing for two years. Effective immediately, companies that participate in the Industrial Conservation Initiative (ICI) will not be required to reduce their electricity usage during peak hours, a...Read More

An overview of the battery raw materials markets and their latest price moves.Read More