Outback Goldfields Corp. (formerly, Skarb Exploration Corp.) (theRead full newsRead More
How did your stock portfolio perform in 2020? Many stocks made new highs, while some are still reeling under the pandemic pressure. The new year will be a good time to review and rebalance your portfolio. Here are two top Canadian stocks you can consider buying in your Tax-Free Savings Account (TFSA) for 2021.Suncor EnergyHigher growth prospects, a discounted valuation, and stable dividends: Sunco...Read More
Warren Buffett has been a harsh critic of gold in the past. This all changed when Berkshire Hathaway made its initial stake in premier gold miner Barrick Gold (TSX:ABX)(NYSE:GOLD) amid the pandemic. Although the move was minuscule compared to Berkshire’s other holdings, it was still very much remarkable.Was it Warren Buffett who decided to buy Barrick Gold in the first place?Now, there&rsquo...Read More
We've known for a while now that our phones are eavesdropping on us. There have been numerous times when I was talking to my friends about a movie, a TV show, or even an actor, and I opened up my phone to advertisements for that very content. Or I'll have a question about some obscure fact: Who was it that starred in the 1977 version of The Island of Dr. Moreau? So I take out my phone to Google...Read More
Key data from Fastmarkets' pricing session in Europe on Friday December 18, during which the European aluminium pressure diecasting ingot, DIN226/A380 price climbed to its highest level since August 2015.Key drivers: European sellers continued to report strong export demand from Asia and raw materials shortages across the continent as the key tailwind for higher offers of 226 ingots, with scrap un...Read More
Following a six-week consultation period, Fastmarkets will change the frequency of its zinc spot concentrate treatment charges (TC) price assessment to fortnightly from its present monthly timing.Fastmarkets will change the frequency of its price assessment from January 2021 for MB-ZN-0110 zinc spot concentrate TC, cif China, $/tonne after receiving overwhelmingly positive feedback from our reader...Read More
Aluminium billet premiums in the United States, Europe and Asia rose on Friday December 18, with strong fundamentals supporting the increases.Low stocks propel US premium higher European spot market tight; participants focused on Q2 negotiations Bullish Q1 MJP P1020 negotiations pull Thailand premium upUnited StatesFastmarkets assessed the aluminium 6063 extrusion billet premium, delivered Midwest...Read More
An overview of the new energy raw materials markets and their latest price moves.Susan Zou, Sybil Pan, and Sally...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday December 18.China Domestic prices held steady, with suppliers quoting their offer prices firm due to limited supply and continuing rising prices of semi-coke and coal, although weakness emerged in the futures market.The most-traded January ferro-silicon contract price on the Zhengzhou Commodity Excha...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday December 18.China Seaborne prices for both low-and high-grade manganese ore were further strengthened by rises in the portside ore and futures alloy markets.Portside prices of both grades of manganese ore increased after the rally in the alloy futures market encouraged ore traders to raise...Read More
Spot market copper concentrate treatment and refining charges were largely unchanged while the market began to conclude annual benchmark-related supply contracts, Fastmarkets heard in the week to December 18.United States mining company Freeport-McMoRan agreed 2021 copper concentrate TC/RCs with its Chinese smelter counterparts at $59.50 per tonne / 5.95 cents per lb, their lowest since 2011.Short...Read More
An overview of the new energy raw materials markets and their latest price moves.Susan Zou, Sybil Pan, and Sally...Read More
Green loans, Nordic high-yield bonds and even crowdfunding are all gaining traction as sources of alternative financing for miners, a report from European law firm Fieldfisher, ‘AlternativeRead More
A bankable feasibility study has calculated capex of about A$8 million for an openpit project producing natural phosphate fertiliser products and generating annual earnings of $14 million (on anRead More
An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in London, Susan Zou, Amy Lv...Read More
Key data from Fastmarkets' pricing session in Europe on Friday December 18, during which the European aluminium pressure diecasting ingot, DIN226/A380 price climbed to its highest level since August 2015.Key drivers: European sellers continued to report strong export demand from Asia and raw materials shortages across the continent as the key tailwind for higher offers of 226 ingots, with scrap un...Read More
Steel scrap prices have risen again across all major consumer markets over the past week, driven by solid demand and constrained supplies.Turkish import scrap prices hit an eight-year high after new bookings confirmed Recent US export scrap sales shrouded in secrecy Vietnamese scrap prices buoyed by strong Japan market Taiwanese import market hits historical high India prices jump on difficult mar...Read More
Adam HamiltonArchivesDec 18, 2020 The gold miners' stocks are rallying on balance again, following their recent multi-month correction. For several weeks now they've been carving both higher lows and highs, which sure appears to be forming a nascent uptrend. That increases the odds a new bull-market upleg is getting underway in this high-flying sector. While still dependent on gold's fortunes, ple...Read More
Turkish deep-sea scrap import prices continued to increase on Friday December 18, with two fresh shipments coming to light from the previous day, sources told Fastmarkets.Late on Thursday December 17, a steel producer in the northern Turkey booked a Baltic Sea cargo, comprising 13,500 tonnes of HMS 1&2 (80:20) at $450 per tonne, 14,000 tonnes of shredded at $460 per tonne, 3,000 tonnes of bonus al...Read More
Base metals prices on the London Metal Exchange were higher across the board on the morning of Friday December 18, with copper trading above $8,000 per tonne earlier for the first time since 2013. Infrastructure spending pledges, hopes for more stimulus, falling or low stocks and low Capex levels across the industry for several years all make for a bullish long-term backdrop for the...Read More