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Venzee Technologies Announces Closing of $2.0M Private Placement

December 18, 2020 / kincommunications.com

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce it has completed a non-brokered private placement consisting of the issuance of 36,363,636 units of the Company at a price of $0.055 per unit, for aggregate gross proceeds of $2,000,000 as announced by the Company on December 1, 2020 and updated on December 11, 2020.The Company is very ple...Read More

4Front Ventures Completes Sale-Leaseback Transaction Generating Proceeds of $33 Million

December 17, 2020 / kincommunications.com

PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") is pleased to announce it has completed the sale and leaseback of its cultivation and production facilities in Olympia, WA and Georgetown, MA (the "Transaction") with an affiliate of Innovative Industrial Properties, Inc., (NYSE: IIPR) ("IIP").This previously announced transaction generated proceeds of US$33 mil...Read More

Summa Silver Drills 6,220 g/t Silver Equivalent over 0.7 m at the Hughes Property, Nevada

December 17, 2020 / kincommunications.com

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce additional high-grade silver-gold intersections from the Hughes Property in central Nevada. These results spanning across 3.5 km confirm the considerable geologic potential of the project while the new Ruby Discovery represents a 1.3 km step-out from the historic...Read More

IN CASE YOU MISSED IT: 5 key stories from December 17

December 18, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday December 17 that are worth another look.Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.The Shanghai...Read More

SPECIAL REPORT: Futures and risk management tools: the next step in the cobalt market evolution

December 18, 2020 / www.metalbulletin.com

Forecasts for growth in electric vehicle (EV) use set the scene for increased cobalt demand, but they have become the backdrop for increased volatility in prices.The mismatched timing of increased supply for, and demand from, the growing EV sector has seen cobalt prices swing to highs of nearly...Read More

IN CASE YOU MISSED IT: 5 key stories from December 17

December 18, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday December 17 that are worth another look.Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.The Shanghai...Read More

DAILY STEEL SCRAP: Turkish import market maintains upward momentum

December 18, 2020 / www.metalbulletin.com

Turkish steel mills continued to accept higher prices for deep-sea scrap cargoes on Thursday December 17 due to limited supply of the material, with prices rising by more than $7.50 per tonne day on day.A steel mill in the Marmara region booked a Baltic Sea cargo, which originated from St Petersburg, priced at $444 per tonne for an 80:20 mix of No1 and No2 heavy melting scrap and at $454 per tonne...Read More

Scrap shortage from aviation pushes European titanium prices to multi-year highs

December 18, 2020 / www.metalbulletin.com

The European ferro-titanium price has jumped to a peak last seen in January 2013, with strong demand from consumers for prompt deliveries and into February combining with a shortage of scrap to push the markets higher. Fastmarkets assessed the price for ferro-titanium 70% Ti, max 4.5% Al, ddp Europe at $7.00-7.50 per kg on Wednesday December 16, an increase of more than 11% from $6.25-6.75 pe...Read More

SPECIAL REPORT: Futures and risk management tools: the next step in the cobalt market evolution

December 18, 2020 / www.metalbulletin.com

Forecasts for growth in electric vehicle (EV) use set the scene for increased cobalt demand, but they have become the backdrop for increased volatility in prices.The mismatched timing of increased supply for, and demand from, the growing EV sector has seen cobalt prices swing to highs of nearly...Read More

Victoria Gold added to VanEck Vectors Junior Gold Miners ETF

December 17, 2020 / www.canadianinvestor.com

Share this article TORONTO - Victoria Gold will be added to the VanEck Vectors Junior Gold Miners ETF after the close of markets on December 18, 2020.Mr. John McConnell, President and CEO commented, "Inclusion in the GDXJ is a noteworthy milestone for Victoria as it is an indication of the Company's ongoing growth. Graduating to the Toronto Stock Exchange earlier this year along with becoming a c...Read More

Cobalt prices post cautious gains amid improved January visibility

December 18, 2020 / www.metalbulletin.com

Cobalt metal prices nudged higher during the first half of the week amid a slight improvement in spot inquiries but limited visibility on metal demand for 2021 is keeping the lid on more substantial gains, sources told Fastmarkets on December 16.Fastmarkets' price assessments for cobalt standard grade, in-whs Rotterdam and cobalt alloy grade, in-whs Rotterdam remained trading at parity and moved t...Read More

Newmont licences technology for cyanide free gold extraction

December 17, 2020 / www.canadianinvestor.com

Share this article MONTREAL - Dundee Sustainable Technologies Inc., (CSE: DST) announced that it has entered into a Technology Transfer Licensing Agreement with Newmont Corporation (NYSE: NEM, TSX: NGT) for the utilization of DST's cyanide-free gold extraction, known as the CLEVR Process?,,?."We are very pleased to announce this agreement with Newmont which is the culmination of much work and dia...Read More

Cobalt sulfate up on expectations of active Jan restocking; hydroxide interest strengthens

December 18, 2020 / www.metalbulletin.com

The spot cobalt sulfate price in the domestic Chinese market continued on its uptrend midweek after suppliers either held offers firm or held out for sales in expectation of extensive restocking in January, sources told Fastmarkets on December 17.Fastmarkets' cobalt sulfate 20.5% Co basis, exw China rose to 54,000-55,000 yuan ($8,269-8,422) per tonne on Wednesday December 16, up 0.5% from 54,000-5...Read More

How I Made a 1,200% Gain on a Single Psychedelics Stock

December 17, 2020 / www.energyandcapital.com

Last week I told you about a very exciting stock.It's a play in the burgeoning psychedelics medicine market, and last week members of my Green Chip Stocks community were already up 632% on it.At the time, I told you the stock still had another 212% expected upside in the next six months.I was wrong.Here's how the stock performed after I told you about it...The Best Free Investment You'll Ever Make...Read More

IN CASE YOU MISSED IT: 5 key stories from December 17

December 18, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday December 17 that are worth another look.Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.The Shanghai...Read More

US hot-rolled coil index continues creep toward $50/cwt

December 18, 2020 / www.metalbulletin.com

Hot-rolled coil prices in the United States continued to climb toward $50 per hundredweight ($1,000 per short ton), with little spot availability and relatively long lead times maintaining record-high prices, according to market participants. Fastmarkets' daily steel hot-rolled coil price, fob mill US was calculated at $49.22 per cwt ($984.40 per ton) on Thursday December 17, up by 0.68% from $48....Read More

EUROPE HRC: Domestic offers up; sentiment stays upbeat on material shortage

December 18, 2020 / www.metalbulletin.com

Domestic transaction prices for hot-rolled coil increased slightly in Northern Europe day on day Thursday December 17 due to a shortage of material in the market that allowed steelmakers to push offers up further. Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe at ?,?647.92 ($788.95) per tonne on Thursday December 17, up by ?,?1.92 per tonne day on...Read More

EGYPT STEEL BILLET, REBAR: Rebar demand strong, buyers won't accept discounted billet

December 18, 2020 / www.metalbulletin.com

Steel billet and rebar prices in Egypt increased during the week ending Thursday December 17 because of restocking after recent price increases, although demand for billet imports was not strong, market sources told Fastmarkets.Buyers did not accept any offered price for imported billet since locally produced billet was enough to meet rebar producers' demand.Demand for rebar and billet has been sl...Read More

US domestic, import rebar prices climb further; January mill price increase ahead?

December 18, 2020 / www.metalbulletin.com

Steel reinforcing bar prices in the United States have continued to rise following recent mill price increases, Fastmarkets has learned. Fastmarkets assessed the price for steel reinforcing bar (rebar), fob mill US at $34.50 per hundredweight ($690 per short ton) on Wednesday December 16, up by 1.47% from $34 per cwt the previous week.US marketFastmarkets' current assessment indicates that al...Read More

TURKEY LONG STEEL: Increasing feedstock costs support domestic prices higher

December 18, 2020 / www.metalbulletin.com

Turkish domestic long steel prices continued to climb up over the past seven days to Thursday December 17 on the back of improving scrap costs. Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey was $5,550-5,650 lira ($711-724) per tonne on Thursday, up from the last week's 5,200-5,250 lira per tonne, including 18% VAT. ...Read More

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