Hit the road for an adventure with access to Outdoorsy's RV rental marketplace in Canada and the US, where it connects RV owners with campers.Read full newsRead More
Demand for commodities, tangible assets and the companies that mine, manufacture and transport them is about to blow sky-high predicts, Steen Jakobsen.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
Warren Buffett has a long track record of using share price declines, such as those experienced during a stock market crash, to his advantage. He has often used deteriorating market prospects to buy high-quality stocks at low prices. By holding them for the long run, he has generated impressive returns over a sustained period of time.Therefore, while the rising Bitcoin and gold prices may seem app...Read More
Gold stocks sold off in recent weeks amid a wave of positive COVID vaccine announcements. Value investors with a contrarian investing strategy are wondering if this is a good time to add gold miners to their portfolios.Gold price outlookAt the time of writing gold trades near US$1,840 per ounce. That’s down from the August high around US$2,080. The pullback over the past four months has been...Read More
Here are five Fastmarkets stories you might have missed on Monday December 14 that are worth another look.Prices for flat steel products in the Brazilian domestic market have continued to increase, going up for the sixth month in a row in December amid material scarcity and a recovery in...Read More
Nickel's three-month price was the star performer on Monday December 14 on the London Metal Exchange, rising by 1.7% at the 5pm close compared with Friday, on a day when the majority of the base-metals complex showed price rises of more than 1%.Nickel rose by 1.7% on Monday, the highest among the complex, to $17,590 per tonne from Friday's closing price of $17,278 per tonne.The metal also once mor...Read More
US copper miner Freeport-McMoRan and Chinese smelters including China Copper, Jiangxi Copper and Tongling Nonferrous have agreed annual copper concentrate supply contracts with terms set at their lowest levels in a decade. Treatment and refining charges (TC/RCs), discounts on exchange prices that compensate smelters processing concentrates into commodity-grade metal, were set at $59.50 per tonne /...Read More
Jack ChanPosted Dec 14, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices.Our ratio is o...Read More
The company has said Tamarack was positioned to become the only US source of "green nickel", following Tesla's call for clean nickel and the expected growing demand for the battery mineral.Talon said the over-allotment option for its offering, also priced at 30c per share, was exercised in full.Talon can acquire up to 60% of Rio Tinto's Tamarack, after turning down the option to purchase Rio subsi...Read More
Strength in the manganese alloy market supported portside and seaborne ore prices for January in China in the week to December 11, sources said.Fastmarkets' manganese ore index 37% Mn, cif Tianjin rose by 10 cents or 2.7% week on week to $3.87 per dry metric tonne unit (dmtu) on Friday from $3.77 per dmtu the week previous.Fastmarkets' corresponding manganese ore index 37% Mn, fob Port Elizabeth i...Read More
Rod McIllree, chief executive of Bluejay, said the licence "allows us to now implement the initial 440,000 tonnes ilmenite concentrate per annum operation".Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") is pleased to announce it has received a purchase order of USD $1.6 million for devices within the in-vehicle category of its 4G/LTE portfolio for a leading U.S. cellular carrier. Marc Seelenfreund, CEO of Siyata, stated, "We are very pleased to receive this purchase order which is expected to be fulfilled with...Read More
US copper miner Freeport-McMoRan and Chinese smelters including China Copper, Jiangxi Copper and Tongling Nonferrous have agreed annual copper concentrate supply contracts with terms set at their lowest levels in a decade. Treatment and refining charges (TC/RCs), discounts on exchange prices that compensate smelters processing concentrates into commodity-grade metal, were set at $59.50 per tonne /...Read More
The latest data for the global manganese ore market for the week ended December 14, 2020.Read More
Here are five Fastmarkets stories you might have missed on Monday December 14 that are worth another look.Prices for flat steel products in the Brazilian domestic market have continued to increase, going up for the sixth month in a row in December amid material scarcity and a recovery in...Read More
Several minor metals prices have increased sharply in the week ended Friday December 11 following rising offers from China and higher transportation costs while uncertainty about logistics and demand in the near term are preventing some traders from taking long positions, Fastmarkets learned. "Price increases are massive... Almost all materials are currently strongly moving higher," a minor metals...Read More
Turkish deep-sea scrap import prices have continued to increase, reaching their highest point since August 2012 with a fresh Baltic Sea cargo traded over the weekend, sources said on Monday December 14.A steel mill in the Marmara region booked the Baltic Sea cargo, consisting of HMS 1&2 (80:20) at $419 per tonne and shredded at $429 per tonne cfr. The cargo composition was not clear at the time of...Read More
Base metals prices on the London Metal Exchange were mainly firmer this morning, Monday December 14, following the pullback from highs at the end of last week, but the base metals on the Shanghai Futures Exchange were mainly weaker while they followed Friday's weakness on the LME. Germany to enter a hard lockdown on Wednesday, South Korea considers raising Covid-19 restrictions to highest level.Un...Read More
Share this article SASKATOON - Cameco Corp. says it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan after six positive COVID-19 tests in recent weeks at northern operations, including three at the mine.The Saskatoon-based company says the mine will be placed in a "safe state of care and maintenance," resulting in a significant reduction in personnel and...Read More