"In an effort to support Covid-19 vaccinations, the Liquor and Cannabis Board (LCB) today announced that it would provide a temporary allowance to state licensed cannabis retailers to provide one joint Continue...Read More

Shares of Orezone Gold Corp. rose 12% after the company reported it intersected 32 meters of 3.87 g/t gold and identified additional near surface high-grade gold mineralization in areas outside the existing resource boundaries of its Bombor? property. Vancouver-based Orezone Gold Corp. (ORE:TSX) today announced "initial results from its ongoing drilling program to test the expansion potential at...Read More

A TD Securities report discusses MAG Silver's financial and operational update. In a May 18 research note, TD Securities analyst Craig Hutchison highlighted MAG Silver Corp.'s (MAG:TSX; MAG:NYSE A) Q1/21 ore grades and sales related to its Juanicipio joint venture (JV) project with partner/operator Fresnillo.During Q1/21, Hutchison noted, the JV processed 36,400 tons of ore, at a silver grade of...Read More

Sector expert Michael Ballanger discusses the origins of the pandemic and the latest market moves. As I reflect back upon the events of the past twenty-one months, I have some difficulty remembering what our lives were like before this man-made pathogen threw the global economy into chaos. An excellent article by former New York Times journalist Nicholas Wade called Origins of Covid Following the...Read More

In this broadcast, host Cyndi Edwards interviewed metals expert Matt Badiali who discussed a gold company he is watching that is also a green energy play. The Streetwise Live! Broadcast on June 4, 2021, focused on Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) and its large copper resources in addition to its gold. Precious metals expert Matt Badiali and Seabridge CEO and Chairman Rudi Fronk fielded...Read More

Buyers of steel rebar and billet in the United Arab Emirates preferred to wait before placing new orders because of uncertainty about prices during the week ended Tuesday June 8, sources have told Fastmarkets.Local rebar producers were expected to announce new prices next week.Local retail prices for rebar were currently lower than those offered by local producers. In any case, most buyers have hi...Read More

London Metal Exchange ring dealing members have a decision to make - whether to remain one or not.The LME has just announced it will reopen the open outcry trading floor, which was temporarily closed due to Covid-19, on September 6.Its plan, however, comes with a twist; some ring dealers say, a knife.The official prices - which the global trade and industry use as the global reference for physical...Read More

Inflation broke into the economy violently. It’s a destructive, dark force. But gold can resist it, being after all a much stronger asset than Anakin Skywalker.Last month, I wrote that “inflation is knock, knock, knockin’ on golden door”. I was wrong. Inflation didn’t knock, it broke down the door! Indeed, as the chart below shows, the core CPI surged 3%, while the ov...Read More

Here are five Fastmarkets stories from Tuesday June 8 that are worth another look.A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays...Read More

S&P 500 wasted another good opportunity to rise – onewhere the credit markets were largely aligned. Is it a sign of upcoming tremorsthat the 500-strong index couldn‘t defend the daily gains? Commodities weren‘tunder pressure, the dollar wasn‘t surging (looking at the closing prices),precious metals did well, and even lumber enjoyed a white candle again. Inflation expect...Read More

Brazilian vehicle production rose by 348% in May 2021, compared with the corresponding period last year, when the Covid-19 pandemic led to several plant closures and resulted in output plummeting, national carmakers' association Anfavea said on Tuesday June 8.The country produced 192,843 units last month, significantly up from 43,080 units in May 2020. The May volume also represented a 1.01% incre...Read More

The U.S. Department of Energy is now backing continued research of an incredible fuel that has up to three times the energycontent of gasoline.More importantly, it could be the only fuelon earth that produces zero emissions when burned.Until recently, this remarkable fuel wasconsidered too dangerous and expensive to be used commercially…But a new technological breakthroughappears to have ma...Read More

Investment involves taking a risk. It involves putting yourmoney on something with the hope that it will increase in value. Therefore, itwill be difficult for you to participate in the investment if you are not arisk-taker. Anything can happen at any time, and you might end up incurringlosses or profits. For someone who only had hopes of making a profit, thelosses may discourage him/her. Inve...Read More

Here are five Fastmarkets stories from Tuesday June 8 that are worth another look.A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays...Read More

Peter Krauth of the Gold Resource Investor discusses rising inflation and the role of hard assets. Sure Mr. Biden, money is cheap. But whose money is it?The White House recently sent a $6 trillion budget plan to Congress. Let that sink in for a moment.Biden's first wide-ranging budget calls for big spending on infrastructure, education and, of course, climate change. His plan lays out $6 trillion...Read More

The current upward momentum in pricing in the steel market should continue in the third quarter with support from short supply and solid demand, buoying an already optimistic market, the International Rebar Producers & Exporters Association (Irepas) said on June 4.EuropeRebar prices reached new highs during the second quarter of 2021 on support from long lead times, strong demand and limited impor...Read More

Here are five Fastmarkets stories from Tuesday June 8 that are worth another look.A rise in Covid-19 cases in China's Guangdong province in recent weeks has led to tighter controls and rigorous testing at the huge Yantian International Container Terminal (YICT), causing extended delays...Read More

Strong demand and tight supply supported aluminium premiums at recent multi-year highs across the globe on Tuesday June 8, although levels for those in South Korea were unchanged for two months.End-user interest and insufficient supply offset London Metal Exchange backwardation in Rotterdam Japanese premium holds at two-year high on fresh deals South Korea stable for eight weeks amid little market...Read More

Mexican ferrous scrap prices continued to increase during the week ended Friday June 4, with demand for steel and raw materials remaining strong.Some scrap buyers accepted price adjustments to their buying prices for certain grades, with sellers using higher-priced deals to leverage negotiations with buyers who insisted on lower prices. As a result, more deals were reported at higher lev...Read More

Steel billet producers in the Commonwealth of Independent States have kept their offer prices unchanged despite limited trading activity, Fastmarkets heard on Tuesday June 8.There was market chatter about a sale of Ukraine-origin billet to the Philippines at $635-640 per tonne fob (about $695-700 per tonne cfr) this week, but no details were released by the time of publication.A bid for billet fro...Read More