"For General Motors, our most significant carbon impact comes from tailpipe emissions of the vehicles that we sell - in our case, it's 75 percent." Continue...Read More
Bitcoin "could serve as a diversifier to gold and other such storehold of wealth assets," said Dalio. "The main thing is to haveContinue...Read More
Precious metals ETFs and mining stocks are suddenly snapping higher this morning, raising questions about whether Continue...Read More
SBTV's guest this week is Keith Neumeyer, founder and CEO of First Majestic Silver. Keith shares invaluable insights into the behind the scenes workings of the silver mining industry, the challenges, and why the perfect storm for a collapse of the silver-gold ratio is now upon us.Discussed in this interview:00:00 Introduction01:23 Keith's background and the founding of First Majestic Silver05:22 S...Read More
The winners of Fastmarkets' Apex 2020 price forecast contest set out their projections for factors that will most influence base metals, precious metals and steel raw material prices in 2021, with Covid-19 vaccinations a constant. Base metals ED&F Man's Edward Meir, who took the top price for base metals predictions in 2020, sees firm base metals prices in 2021. "The reason we're not super bullish...Read More
"To be clear, we did not ban this server due to financial fraud related to GameStop or other stocks. Discord welcomes a broad variety of personal finance discussions... We are monitoring this Continue...Read More
Demand for steel rebar was very weak in Egypt in the week to Thursday January 28, with buyers expecting producers to reduce their prices.The rebar producers, however, had not changed their prices at the time Fastmarkets made its price assessment.One of the main reasons for weak rebar demand was the construction ban in the country. Egypt imposed a ban on construction in May 2020, although it eased...Read More
Turkish prices for steel billet have continued to soften over the past week because of limited demand and falling scrap costs, market sources said on Thursday January 28.Imported scrap prices have been falling in the country, with mills slowing their bookings due to the weak demand for billet and finished steel.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, w...Read More
MAG Silver's joint venture project Juanicipio produced 230,000 ounces of silver during the quarter ended Dec. 31, 2020. In a news release, MAG Silver Corp. (MAG:TSX; MAG:NYSE A) announced that during Q4/20, 230,000 ounces (203 Koz) of silver and 443 ounces (oz) of gold were produced from development material at Juanicipio, its 44%/56% joint venture project with operator Fresnillo Plc (FRES:LSE)....Read More
Generation Mining intends to wrap up the feasibility study on Marathon this quarter. Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN:FSE) announced in a news release it finished Phase 2 metallurgical testing and pilot plant trials and is closer to completing the feasibility study for its Marathon palladium-copper project in Ontario, Canada."We are extremely pleased with the work completed in b...Read More
The StreetSmart Live! Broadcast on Jan. 26, 2021, focused on metals and why now is a good time for investors to be looking at them and the mining space. John Newell, independent analyst and portfolio manager, and John Feneck, mining sector expert and president of Feneck Consulting, addressed the status of the current metals market. CEOs of the three metals-focused companies comprising the Metallic...Read More
The Critical Investor explains why he believes "investors have an interesting opportunity to invest in a pretty derisked, undervalued and experienced explorer with three chances for success." Tierra DoradaAs Golden Arrow Resources Corp. (GRG:TSX.V; GARWF:OTCQB; G6A:FSE) was sidelined for most of last year due to COVID-19, its exploration programs were basically halted. The project that first got...Read More
Scottie Resources Corp. advises that the target remains open in most directions. In a news release,Scottie Resources Corp. (SCOT:TSX.V) reported drill results from its Scottie Gold Mine O-Zone target. The firm stated that it intersected 2.26 g/t gold and 6.53 g/t silver over 19.04 meters at the O-Zone target, which included a 2.77-meter high-grade segment containing 10.7 g/t gold and 31.2 g/t sil...Read More
Italian stainless steel producer Acciai Speciali Terni (AST) is attempting to unilaterally and retroactively apply price increases to already-concluded supply contracts agreed with distribution companies, market sources told Fastmarkets on Thursday January 28. A distributor in Denmark that buys from AST, among other stainless steel producers, said AST had made it aware of its intention to apply a...Read More
The European titanium scrap market, which was steady in the week to Wednesday January 27, looks set to resume its price rally that started in September 2020 in the near term, market sources told Fastmarkets. Fastmarkets' titanium scrap turnings, unprocessed type 90/6/4, 0.5% Sn max, cif Europe price stood at $1.60-1.75 per lb in the latest assessment on Wednesday, while titanium scrap tu...Read More
Last year felt like apivot point in U.S. history. The pandemic and election left the nationideologically divided.There seem to be onlythree resolutions going forward.America will face anincreasingly authoritarian federal government ruling over a largely apatheticpopulace, the nation will splinter, or leadership will emerge which is somehowcapable of bridging the ideological divide between the Amer...Read More
Gold is suffering a hang-over afterit’s early January highs, while the EUR/USD pair is buckling - so when golddeclines, where will its bottom be?After injecting itself with JanetYellen’s stimulus sentiment, gold came down from its highs on Friday (Jan. 22).And like the GDX ETF, it’s important toput gold’s recent run into context. For starters, gold is stilltrading below its...Read More
Here are five Fastmarkets stories you might have missed on Thursday January 28 that are worth another look.Rio Tinto has created a new executive team and organizational structure to strengthen its environmental, social and corporate governance (ESG) credentials and rebuild trust, "particularly in Australia", following the destruction...Read More
Italian stainless steel producer Acciai Speciali Terni (AST) is attempting to unilaterally and retroactively apply price increases to already-concluded supply contracts agreed with distribution companies, market sources told Fastmarkets on Thursday January 28. A distributor in Denmark that buys from AST, among other stainless steel producers, said AST had made it aware of its intention to apply a...Read More
European steelmakers have pushed up their domestic prices for hot-rolled coil, but buyers were holding back from making new deals, sources told Fastmarkets on Thursday January 28.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?711.00 ($862.20) per tonne on Thursday, up by ?,?2.25 per tonne from ?,?708.75 per tonne on January 27.This was a rebound...Read More