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The gold mining sector is a popular field for investors as there are over 300 companies listed and publicly traded. Gold and gold mining companies are often seen as complementary...Read full newsRead More
The gold mining sector is a popular field for investors as there are over 300 companies listed and publicly traded. Gold and gold mining companies are often seen as complementary...Read full newsRead More
Amid improving economic indicators and rising commodity prices, the Canadian benchmark index, the S&P/TSX Composite Index, has increased by 14.7% this year. Despite the stellar growth, there are few undervalued stocks, which offer excellent buying opportunities. In this article, we will look at four such stocks that are trading below $10.Goodfood MarketAmid the recent selloff in the tech stock...Read More
Bitcoin is not like gold after all, following its meltdown in May 2021. Another brutal month is possible in June, given the diminished investors’ interest plus the start of crackdowns in the cryptocurrency space. The latest disturbing news is a few hundred cases of crypto scams reported from the UAE in the Middle East.The highly volatile nature of Bitcoin is on full display again. As of June...Read More
The axe landed with the power of God Himself upon the saloon's mirror - sending shards of glass exploding in every direction as the drunken patrons froze in shock."Who is this insane lady!" they shouted, cowering behind their barstools. Her name was Carry Nation, and she had announced her presence in a way that history would never forget. Wielding nothing but a small hatchet and the fury of a tho...Read More
For more than a year now, I've been ringing alarm bells about inflation.But earlier this spring (March 11) I called out oil prices specifically."Oil prices have staged a comeback and are now trading above $65 per barrel - an 80% surge from their October lows," I noted. "Better still, for the industry at least, they're poised to shoot even higher."And indeed oil prices have continued their climb.We...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 10 that are worth another look.The European Commission (EC) plans to set a carbon border adjustment mechanism (CBAM) for imports of some goods, including steel and aluminium, to prevent the risk of carbon leakage, according to...Read More
Base metals prices on the London Metal Exchange were little changed at the 5pm close of trading on Thursday June 10, with slight increases for aluminium and nickel, while prices dipped elsewhere on the complex.The three-month copper price fell by 0.9% to $9,890 per tonne during Thursday trading, down from $9,978.50 per tonne at Wednesday's 5pm close, despite reaching an intraday high of $9,992.50...Read More
After a one-month consultation period, Fastmarkets has amended the timing specifications for its assessment of Italian SHG (special high grade) zinc premiums.The frequency of the assessments, which are currently weekly, will move to a fortnightly basis after the next assessment date on June 15. The change is due to the Italian zinc market being largely centered around long-term contracts...Read More
The underwriters agreed to purchase 4.5 million units at C$1.10 each, a 6.8% discount to the company's closing price of $1.18 the night before, for $5 million; 4 million flow-through units at $1.Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ | OTCQB: VENZF) ("Venzee" or the "Company"), a smart tech Software as a Service (SaaS) platform, used by Consumer Brands to move critical, consumer-facing product information to any global retailer, announced today additional Mesh Connector?,,? sales to a leading manufacturer and distributor of thermoelectric and refrigeration products.The clie...Read More
The emergence of an additional Wednesday deep-sea scrap purchase by a Turkish steel mill has helped to keep prices on a upward trend, sources told Fastmarkets on Thursday June 10.The cargo from Canada was booked by a still mill in the Iskenderun region, comprising 9,500 tonnes of HMS 1&2 (95:5), 7,500 tonnes of rails and 12,000 tonnes of plate & structural (P&S) scrap at an average price of $...Read More
The latest deals for containers of steel scrap imported into Bangladesh over the past seven days have shown small price increases from deals in the previous week, sources told Fastmarkets on Thursday June 10.Overall scrap demand in the country remained low, particularly given the start of the monsoon season this month, but sources said that buyers in the container market have been forced to raise...Read More
Share this article VANCOUVER - Although it's not a widely known or understood industrial commodity, manganese is the fourth most common metal by tonnage after iron, aluminum and copper. Most of the world's manganese is used to improve the strength and toughness of steel or remove unwanted elements such as sulphur and oxygen. A silvery-white to grey, hard, brittle chemical transition metal, mangan...Read More
Last Sunday, YouTube sensation Logan Paul fought Floyd Mayweather in an exhibition match.The fight had been hyped for months, with folks who know nothing about boxing declaring Paul was the next Mike Tyson. And folks like me, who have been watching the fights for decades, shook their heads in disgust.How did this happen?How did one of the greatest boxers of all time get lured into fighting some ki...Read More
Most people don't fathom the sheer size of Elon Musk's wealth.Love him or hate him, you have to give Musk credit for amassing a fortune of about $152 billion to date.Mind you, he's about one or two tweets from surpassing Jeff Bezos' own horde of $186 billion and within range of the $193 billion possessed by Bernard Arnault, a French investor and currently considered the world's richest person.Look...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 10 that are worth another look.The European Commission (EC) plans to set a carbon border adjustment mechanism (CBAM) for imports of some goods, including steel and aluminium, to prevent the risk of carbon leakage, according to...Read More
The United States' hot-rolled coil steel import prices have surged to an all-time high, with buyers worldwide competing for limited material."There's not a lot of steel available, not here or anywhere else," a distributor source said.Fastmarkets' assessment for steel hot-rolled coil, import, ddp Houston was at $1,540-1,610 per short ton ($77.00-80.50 per hundredweight) on Wednesday June 9, up...Read More
Domestic prices for hot-dipped galvanized steel coil in Europe were fairly stable in the week to Wednesday June 9, despite slower trading activity, sources have told Fastmarkets.The domestic prices have been supported by good order books at mills in Northern European, with Italian steelmakers offering material from fourth-quarter rolling, market sources said. Some steelmakers have also started off...Read More