Mother Lode project. Image courtesy of Corvus Gold. Corvus Gold has released drill results from its Mother Lode project which intercepted mineralization outside of the resource limits and identified a new discovery below the current deposit.Drill highlights include:36.6 metres of 2.43 g/t gold from outside of the current resource limits;36.6 metres of 1.79 g/t gold from outside of the current res...Read More
Weekly Reports |Jan 14 2020Rising tensions between the USA and Iran have not prevented spot uranium from sliding further in early 2020.-Spot uranium continues to slide as buyers stay on the sidelines-Renewed sanctions on Iran do not specifically target the country's nuclear program-Several utilities assessing options in term marketBy Rudi Filapek-VandyckThere is no stopping the slide in spot...Read More
A summary of base metals premiums from across the globe for the week to Tuesday January 14.Click on...Read More
Given the right impetus, copper has the best long-term prospects among the base metals complex, which was exhibited by the red metal's price rally in December.Copper prices began to rise on the London Metal Exchange in the run-up to year-end 2019, responding to the first signs of a thaw in the protracted trade war between the United States and China.The copper LME official three-month contrac...Read More
Fastmarkets proposes to discontinue the pricing of zinc ingot premiums on a cif India basis.Currently, Fastmarkets prices the following premiums:Zinc SHG min 99.995% ingot premium, cif dp India, $/tonne Zinc SHG min 99.995% ingot premium, cif dup India, $/tonneThe expansion of production capacity by Hindustan Zinc means there is currently no spot market for imported zinc in Ind...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJan 14, 2020For the past few years, I’ve been suggesting that the world’s ultra-wealthy investors have been buying enormous quantities of physical gold at a rate that overwhelms the commercial trader shorting on the COMEX.Pleaseclick here now. RT News highlights a wonderful cha...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday January 14 that are worth another look.ArcelorMittal Kryvyi Rih, the major long steel producer in Ukraine, has called on the country's government to review its decision to impose an import tariff on rebar and wire rod steel imports from Belarus, referring to evidence of dumping.Nizi International has closed its base metals tradi...Read More
London Metal Exchange copper bulls are turning to the options market to make cautious bets that copper's price will continue its rapid rise into March 2020, Fastmarkets learned.Open interest in March options has spiked and a total of 9,635 lots of call options - equivalent to over 240,000 tonnes of copper - are currently live with strike prices between $6,400 per tonne and $6,600 per tonne.Call op...Read More
The S&P 500, Nasdaq Composite and Dow Jones Industrial indexes all pulled back from records as the conditions underscored lingering concern about future progress in negotiations, Bloomberg reported.However Australia's benchmark S&P/ASX200 was in record territory in morning trade and edging towards the 7,000 mark.Australian gold producers were three of the biggest risers at the time of writ...Read More
South African miners reported a fresh wave of buying interest for chrome ore, prompting higher prices. UG2 chrome ore prices rise in China.Chinese alloy prices underpinned by chrome ore strength.Charge chrome prices hold in China.European high carbon ferro-chrome prices under pressure, while low carbon ticks up.US spot market inactive, prices stable. UG2 chrome ore prices surged on Friday January...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the appointment of Mr. Jamie Kitson as VP Sales Canada for Siyata Mobile. Mr. Kitson has a successful track record in exceeding targets, with proven results in both the private and public sectors within the telecommunications space, including senior roles with Bell Mobility, Ro...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday January 10.China The Chinese ferro-silicon spot price remained unchanged for a fourth consecutive week, while demand surged for restocking with the Chinese New Year approaching. Export prices picked up amid the strengthening of Chinese yuan, increased domestic trading activity and limited export avai...Read More
The court analysed three rulings issued in 2019 and concluded there was no clear and express prohibition in the country's constitution against undertaking popular votes about mining, that Ecuador'sRead More
Silicon and bulk alloys producer Ferroglobe has appointed Marco Levi as its chief executive officer, replacing Pedro Larrea, who leaves the company to seek new professional challenges, according to a company statement on Monday January 13. The new chief executive will be in charge of designing a new strategy that will lead the ferro-alloys maker, which has recently moved its headquarters to Madrid...Read More
By: Ira EpsteinWill Pelosi take away the trade-deal Trump victory with an impeachment delivery to the Senate?Gold APRIL (now updated) Futures. Gold is down the first trading day of the week, 18-DMA is at $1497 area and rising. Gold peaked out at missile day. Read More
RambusHeads UP ...from Rambus Chartology."You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It's not a perfect correlation but close enough to pay attention. Today the YEN gapped below an important trendline that goes all the way back to October...Read More
Ask yourself what factors what factors will affect global financial markets once the so called US-China trade deal is signed. Trade war is the biggest reason why gold prices rose from $1200 to $1600 in around twelve months. Central bank buying and other reasons have also contributed to gold price rise but the biggest catalyst has been the trade war and recession fears. I will happy if gold price...Read More
Turkish steel producers continued to hold back from the deep-sea scrap markets on the second day of the working week because of the soft rebar market and firm scrap prices, sources said on Tuesday January 14.The country's steel producers went through last week with only one deep-sea cargo bought, when a steel mill in the Marmara region booked a European cargo at an average price of $300 per tonne...Read More
Starting in July this year, and for the first time, millions of tonnes of copper and aluminium scrap will be shipped into China not as waste but as merchandise, after the country announced its timetable for the renaming of high-purity non-ferrous scrap as recyclable materials.On Monday January 13, China's State Administration for Market Regulation said that the new specifications for secondary cop...Read More
There will be no significant reduction in China's new energy vehicles (NEV) subsidies in 2020, Miao Wei, minister of China's Ministry of Industry and Information Technology (MIIT), revealed in a conference on Saturday January 11.The general principle for the policy this year is to stabilize market expectations, guarantee healthy and sustainable development, and build confidence in the NEV industry...Read More