Brazil has joined other major commodity producers in South America, such as Chile and Peru, in a debate about whether to increase mining royalties because of soaring prices - and it can be no surprise that the industry is fiercely against such a move.Amid discussions of personal and corporate tax reform in Brazil's lower house of Congress, there was a possibility of higher taxes being imposed on t...Read More

Base metals prices on the London Metal Exchange were mixed this morning, Thursday August 5, and those on the Shanghai Futures Exchange were mainly weaker.Generally, LME base metals seem to be boxed in between scale-up selling when prices are near the highs and dip-buying into pullbacks. This is perhaps not surprising given that we are in the middle of the summer lull.Shanghai base metals are gener...Read More

Share this article VANCOUVER - Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) announced that it has accepted Subscription Receipts from accredited investors for C$80,000,000 at a price of C$0.70, which on completion will convert to 118,857,143 Asante common shares. A finder's fee of 4% of the total subscription receipts is payable in shares. No new control blocks will be created a...Read More

Cobalt hydroxide prices rose recently despite weakness in downstream salt prices in the domestic Chinese market, as ongoing disruptions and delays at port operations in South Africa have prompted sellers to keep their offers firm and take advantage of spot sales where buyers need prompt availability.Fastmarkets' assessment for the cobalt hydroxide payable indicator, min 30% Co, cif China was 88-92...Read More

US President Joe Biden has unveiled plans make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid or fuel cell electric vehicles (EVs). The move - backed by major automakers Ford, General Motors and Stellantis, along with the United Auto Workers (UAW) union - is part of the White House's proposed Build Back Better agenda, along with...Read More

The new infrastructure bill is 2,702 pages long.Why does an infrastructure bill - which is supposed to be designed to bolster this nation's failing infrastructure by not only repairing it but updating it from 19th-century standards to 21st-century standards - require 2,702 pages?Because like most legislation that slips and slides through the greasy palms of our elected officials, it's full of bure...Read More

Domestic prices for hot-dipped galvanized coil were fairly stable in Northern Europe in the week to Wednesday August 5 despite falling import offers, sources have told Fastmarkets.In Southern Europe, however, prices declined due to seasonally weaker demand, cheaper import offers and increased availability, according to market participants.Northern EuropeFastmarkets' weekly price assessment for ste...Read More

The domestic markets for hot-rolled coil across Europe were seasonally quiet on Thursday August 5, with prices holding stable, Fastmarkets heard.European buyers have replenished their HRC stocks and were largely holding back from trading while evaluating the market situation. Regular trading activity was expected to revive toward September, following the traditional market activity cycle in Europe...Read More

Sentiment in Northern and Southern Europe's heavy plate market was negative in the week ended Wednesday August 4 due to lower slab costs and competitive offers from Central Europe, sources told Fastmarkets.Fastmarkets' price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?950-960 ($1,126-1,138) per tonne on August 4, narrowing downward by ?,?10 from ?,?950-970 per ton...Read More

(Updates prices)LONDON, Aug 5 (Reuters) - A bullish mood on U.S. marketspushed copper slightly higher on Thursday, ending a four-daylosing run triggered by concerns over the demand outlook fromtop consumer China.Benchmark copper on the London Metal Exchange (LME)was up 0.3% at $9,492.50 a tonne at 1600 GMT.The metal used in power and construction, which is expectedto benefit from a global move fro...Read More

Here are five Fastmarkets stories you might have missed on Thursday August 5 that are worth another look.Brazil has joined other major commodity producers in South America, such as Chile and Peru, in a debate about whether to increase mining royalties because of soaring prices - and it can be...Read More

Egyptian rebar producers maintained their offers in the week to August 5 despite limited demand and lower scrap prices, sources told Fastmarkets.Rebar offers have held steady at E ?14,300-14,600 ($909-928) per tonne ex-works, including 14% value-added tax (VAT), since May 17.Fastmarkets' price assessment for steel reinforcing bar (rebar), domestic, exw Egypt was E ?14,300-14,600 per tonne on...Read More

Stahl-Holding-Saar (SHS) and its subsidiary, Saarstahl, have acquired the steel plants at Ascoval and Hayange in France from Liberty Steel, Saarstahl said on Thursday August 5.The acquisition has been formally validated by the French authorities, but the value of the deal was not disclosed."We are proud that our industrial concept for the takeover of Ascoval and Hayange has been validated and can...Read More

Here are five Fastmarkets stories you might have missed on Thursday August 5 that are worth another look.Brazil has joined other major commodity producers in South America, such as Chile and Peru, in a debate about whether to increase mining royalties because of soaring prices - and it can be...Read More

Bangladeshi steelmakers have showed only limited interest in buying imports of steel scrap over the last week amid a continuing strict lockdown in the country, sources said on Thursday August 5.The country's strict Covid-19 lockdown was extended until Tuesday August 10, government officials announced on August 3. A feature of this latest lockdown is that most heavy industry such as steel productio...Read More

Turkish steel producers took a break from purchasing deep-sea scrap on Thursday August 5 after booking at least five cargoes earlier this week, market sources told Fastmarkets.The most recent deal was recorded on Wednesday August 4, when a steel mill in the Izmir region booked a US cargo comprising 15,000 tonnes of HMS 1&2 (80:20) at $464 per tonne, and 14,000 tonnes of shredded and 2,000 tonnes o...Read More

*Please allow the video a moment to load after clicking the play button*The interview begins at 01:00Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called...Read More

George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the age of 38, George semi retired and...Read More

Question 1: 2:16The SBA (Small Business Administration) is pushing money again. No collateral and low interest for businesses impacted by the COVID pandemic. If the system is about to collapse - should we take more funds now? And if so, what happens to these debts when there is a reset? I can't see the real government continuing with, for example, the unregulated derivative debts... I wonder if th...Read More

"We have proof they withheld treatment. We know that. It's not speculative and not a theory. It is an absolute a known fact. They withheld treatment and they are continuing to withhold treatment so they can sell a vaccine," says Dr Roberts.Join Greg Hunter of USAWatchdog.com as he goes One-on-One with award winning journalist Dr. Paul Craig Roberts.Paul Craig Roberts is an American economist and...Read More