The price of flat-rolled stainless steel in the European domestic market increased further this week amid continuing tight supply, Fastmarkets heard on Friday August 6.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe, was ?,?3,900-3,950 ($4,616-4,676) per tonne on Friday, up by ?,?50 per tonne week on week from...Read More
Russian gold producer Nordgold has begun mining at a satellite deposit by its Lefa gold mine in Guinea, which will boost production at the operation. The Diguili deposit, located about 35 km from Lefa's processing facility, is considered a core pillar of Nordgold's strategy to expand its resource and reserve base through both organic growth and the selective acquisition of high value pro...Read More
While some banks and other lenders are cutting off funding for new coal-fired power plants and turning their backs on coal mining projects more generally, the number of new coal mines proposed or under development is higher than one might think, given all the noise about meeting emissions targets outlined in the Paris Climate Agreement, and the broader shift away from fossil fuels and towards gree...Read More
The United States has set a target to make half of all new passenger cars and light trucks sold in 2030 zero-emissions vehicles. The category includes battery electric, plug-in hybrid electric, or fuel cell electrics vehicles."America must lead the world on clean and efficient cars and trucks," U.S. President Joe Biden announced on August 5. "My administration will prioritize setting clear standar...Read More
The Vietnamese scrap import market continued to slip during the week ending Friday August 6 due to weak demand for downstream long steel, sources told Fastmarkets.Offers for bulk Japanese H2-grade material were heard at $480 per tonne cfr southern Vietnam, while offers to northern Vietnam were at $485 per tonne.Buyers had lowered their bids to $460-470 per tonne cfr Vietnam."It's hard to see selle...Read More
Spot prices for imported containerized ferrous scrap in Taiwan continued on a downward trend in the week to Friday August 6 amid the current buyers' market caused by poor demand, market sources told Fastmarkets.Fastmarkets' daily price assessment for containerized steel scrap, heavy melting scrap (HMS) 1&2 (80:20), United States material import, cfr main port Taiwan was $430-432 per tonne on...Read More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia , Aug. 04, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More
Novo Resources Corp. is pleased to announce that senior managemenRead full newsRead More
Among the sectors that I think hold tremendous value right now is the precious metals space. Accordingly, gold stocks (specifically gold miners) look very attractive at these levels.Given where the price of gold is at right now, gold miners are trading at a fantastic discount to their underlying value, in my view. Sure, gold dipped today and most miners are seeing red right now. However, over the...Read More
First Quantum Minerals (TSX:FM) has been finding innovative ways to improve efficiency and hence reduce the environmental impact of the company’s operations. This appears to be resulting in decreased energy use, waste reduction, and lowered greenhouse gas emissions. In some areas, First Quantum has led the way in the development of new mining technology and production processes. These proces...Read More
Freight rates for bulk cargoes of steel have risen in the last week amid a global shortage of ships, and the Covid-19 resurgence in China and Southeast Asia could raise costs for cargoes even further, sources have told Fastmarkets.Bulk freight costs for steel scrap shipped from the United States East Coast to Turkey in a Supramax vessel were heard at $48 per tonne on Wednesday August 3, up from th...Read More
Freight rates for bulk cargoes of steel have risen in the last week amid a global shortage of ships, and the Covid-19 resurgence in China and Southeast Asia could raise costs for cargoes even further, sources have told Fastmarkets.Bulk freight costs for steel scrap shipped from the United States East Coast to Turkey in a Supramax vessel were heard at $48 per tonne on Wednesday August 3, up from th...Read More
Freight rates for bulk cargoes of steel have risen in the last week amid a global shortage of ships, and the Covid-19 resurgence in China and Southeast Asia could raise costs for cargoes even further, sources have told Fastmarkets.Bulk freight costs for steel scrap shipped from the United States East Coast to Turkey in a Supramax vessel were heard at $48 per tonne on Wednesday August 3, up from th...Read More
00:00 - Intro00:20 - The State of the USA4:04 - Where this is all headed6:42 - Will the US turn out like Japan9:41 - What people should do13:51 - What's the end game20:11 - How do these bubble end? #Nasdaq #Blockchain23:47 - Gold/Silver/Inflation Expectations31:30 - This has to come to an end32:35 - Key takeaways for investors36:13 - Asian Stocks Undervalued?38:17 - Precious Metals & Real EstateDr...Read More
Larger institutional investors are now starting to inquire about silver, says renowned natural resource investor Rick Rule, CEO of Rule Investment Media. If investment demand for precious metals reverts to its three-decade mean, Rick says, "I think there's more upside than many people realize." 0:00 ?EUR
For Part 1 of this interview, CLICK HEREIn this episode of Keiser Report, Max and Stacy look at the Red Queen syndrome of the US dollar since Nixon closed the window and everyone has had to work harder and harder to stay in the same place. In the second half, Max continues his interview with Egon von Greyerz of GoldSwitzerland.com about the coming dollar reckoning as tension builds between the ris...Read More
Bill Baruch, president of Blue Line Futures, discusess with David Lin, anchor for Kitco News, how to trade gold and silver after their largest single-day drop since June.Follow Bill Baruch on Twitter: @bill_baruch (https://twitter.com/bill_baruch)0:00 - Gold price reaction to jobs report3:23 - How low can gold go?5:00 - Stock markets may sell off on Monday7:45 - Strong jobs report9:11 - Fed taper1...Read More
Freight rates for bulk cargoes of steel have risen in the last week amid a global shortage of ships, and the Covid-19 resurgence in China and Southeast Asia could raise costs for cargoes even further, sources have told Fastmarkets.Bulk freight costs for steel scrap shipped from the United States East Coast to Turkey in a Supramax vessel were heard at $48 per tonne on Wednesday August 3, up from th...Read More
"I think double vaccination, full vaccination, is going to be a feature forevermore and most countries, probably all countries, will require full vaccination in order for you to enter," said the minister.Continue...Read More
"Will this system be used in China? What content will they consider illegal there and how will we ever know? How will they manage requests from governments all around the world to add other types of content to the list for scanning?"Continue...Read More