The European titanium scrap market resumed its six-month long rally over the week to Wednesday February 3 after a brief pause, with ferro-titanium suppliers set to hold their offer prices in the near term ahead of second-quarter demand from steelmakers, market sources told Fastmarkets.Both titanium scrap markets that Fastmarkets assesses have jumped about two-fold in the past six months.Fastmarket...Read More

Key data from the pricing session in London on Wednesday January 3..Key drivers Prices in Europe found support following continuous gains in China starting from early January. Producers were raising their offers and resisting lower bids, with all offers above $3 per lb.The higher offers were said to be a result of logistical disruptions in the bismuth production hub in Hunan provinc...Read More

Key data from the Wednesday February 4 pricing session in London and Shanghai.Key drivers The cobalt hydroxide payable indicator continued to edge high after a persistent surge in downstream cobalt sulfate prices translated into heightened willingness among buyers to accept higher offers from...Read More

In a reversal of fortune, Ferroglobe Plc expects to show $33 million of cashflow when it releases its 2020 financial results, the Western Hemisphere's biggest silicon producer told investors in a call on Wednesday February 3."Adjusted Ebitda for the full year 2020 is expected to be positive $33 million, which compares with negative $37 million for the full year 2019," Marco Levi, Ferroglobe's chie...Read More

A summary of the financial results for Finnish stainless steelmaker Outokumpu for the fourth-quarter and full year of 2020.In briefSales in 2020 were only 3% lower than 2019, but earnings fell due to significantly lower prices in Europe during the Covid-19 pandemic A stronger-than-expected market recovery in the fourth quarter pushed earnings up from ?,?10 million to ?,?30 million quarter on quart...Read More

China's domestic stainless steel prices widened downward in the week to Wednesday February 3 because some traders were looking to conclude more sales before the Chinese New Year.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 14,900-15,900 yuan ($2,307-2,461) per tonne, widened downward by 200 yuan per tonne from a week earlier. End-user demand for stainless CRC is expected...Read More

Northisle Copper and Gold (TSX: NCX) has released an updated preliminary economic assessment on a 22-year, 75,000 tonne-per-day open pit development within its North Island project at the north end of Vancouver Island in B.C. The study latest "confirms that the North Island project is one of the most attractive copper-gold porphyry projects in Canada," the company stated in a press release. The p...Read More

In the wake of the GameStop/Reddit saga, North American market manipulation is once again the topic du jour; that the rules of the game vary by player- institutional versus retail investor, hedge fund versus little guy - is clear, highlighted by the fact that once again, big finance has won. Deemed too important to fail, the latest bail out of Wall Street, this time, ironically, thanks to brokerag...Read More

Incorporating Environmental, Social, and Governance (ESG) criteria into investment decision making was one of the most talked about investment strategies of 2020 and one that continues to be amplified as the markets - and society at large - grapple with a global pandemic.Companies are under increased scrutiny for their environmental impact and their actions as corporate citizens across all industr...Read More

Key data from Fastmarkets' pricing session in China on Wednesday February 3.Key drivers Aluminium prices on the London Metal Exchange drifted lower this past week, pressuring China's aluminum alloy ADC 12's export price; the LME three-month daily official aluminium price was at $1,972 per tonne on Wednesday, down by 1.6% from $2,003.50 per tonne a week earlier. Buyers in Japan adopted a wait-and-s...Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldSome of the strongest equity returns in the past year have come from so-called concept stocks driven by intuitive appea...Read More

Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has scored a temporary, but key win in its ongoing dispute with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) over funding of the vast Oyu Tolgoi copper-gold-silver mine in Mongolia.The temporary relief granted to the Vancouver-based miner in the arbitration proceedings against Rio Tinto, prevents the mining giant from restricting Turquoise Hill's talks...Read More

The Biden administration's focus on US manufacturing and domestic supply chains will benefit established and developing minerals and metals sectors, including steel, rare earths, graphite and lithium.US President Joe Biden's executive order on the strengthening of American manufacturing, which he signed during his first week in office, is expected to have a direct effect on demand for US-produced...Read More

Silver is tumbling back to earth after surging to 11-year highs on Monday, but plenty of options traders are betting on the rally to rebound.Read full newsRead More

City had been expecting higher offerRead full newsRead More

Bill Powers of Mining Stock Education profiles FPX Nickel, which is exploring the Baptiste nickel deposit in the Decar nickel district in British Columbia.Read full newsRead More

Portfolio managers see promise in small firms despite their lack of profitability and heightened riskRead full newsRead More

Stretched valuations and challenges in vaccine distribution are leading many to believe that the stock market could crash. In contrast, I don’t expect the stock market to crash but would welcome a healthy correction. Further, I believe valuations will start to appear normal once the corporate earnings recover due to the revival of demand and economic expansion in the second half of 2021...Read More

Following Warren Buffett move for move is typically a bad idea. You’ll not only be on the hook for a Buffett premium, as you look to buy shares after the herd of Buffett followers jump in before you, but you will also stand to sell at after the herd once the man discloses in his 13-F filings that he’s exited from or trimmed a name. Talk about a one-two hit to the chin!Just because a st...Read More

Is a 2021 market crash inevitable? It appears Warren Buffett is waiting for the other shoe to drop based on the stock market behaviour of late. On the last trading day of January, all three U.S. benchmarks finished lower. For the Dow Jones index, it was the worst week since October 2020.The Congressional Budget Office predicts it would take the U.S. economy to recover its pre-pandemic size until t...Read More