The benchmark fob Australia alumina price stabilized around $278 per tonne on Thursday November 21 during a low-liquidity week. Fastmarkets calculated the benchmark daily alumina index, fob Australia, at $278.65 per tonne on Thursday, little changed from $278.86 per tonne on the previous day - and down from $281.10 a week earlier. Key drivers Alumina prices remained rangebound this week, wi...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry today provides commentary on the U.S. House of Representatives Judiciary Committee approval of the Marijuana Opportunity Reinvestment and Expungement Act of 2019, also called the MORE Act, which if enacted into law would officially remove cannabi...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has received network approval for the Uniden (R) UV350 dedicated in-vehicle smartphone from an additional Tier 1 cellular carrier in the United States. Commercial launch of the UV350 is anticipated shortly with this Tier 1 U.S. cellular carrier.Marc Seelenfreund, CEO of Siyat...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") a leader in intelligent content distribution with functional integration to 175 major retailers and their brand suppliers, and EnterWorks (R), the leading provider of Master Data Management (MDM) and Product Information Management (PIM) solutions, today announced their partnership to enable best-in-class cont...Read More
Press Metal, the largest aluminium producer in Southeast Asia, has finalized a shareholder agreement with Bintan Alumina Indonesia (BAI) for 25% of the company, which will allow the former to "secure a long-term supply of alumina." Press Metal has invested 3.07 billion yuan ($437.03 million) in BAI, with the funding going toward a second phase of the Indonesia-based alumina project to double capac...Read More
The Chinese cobalt sulfate price fell again in the latest pricing session, under constant pressure since mid-October from significantly shrinking buying appetite amid a bearish near-term outlook for electric vehicle (EV) development. Fastmarkets' assessment of the cobalt sulfate 20.5% Co basis, exw China price dropped to 44,000-46,000 yuan ($6,248-6,532) per tonne on Wednesday November 20, do...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are in yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20....Read More
Turkish steel producers have held back from the deep-sea scrap market for a day and made no bookings, although prices remained steady, sources said on Thursday November 21.The mills booked five deep-sea scrap cargoes last week, totaling 180,000 tonnes, but have now slowed down their purchases. Only two deep-sea cargoes have been booked so far this week, totaling 62,500 tonnes.The main problem for...Read More
The pricing of the raising is 20c per share.Read More
The macro-induced downtrend in primary and secondary aluminium prices is a temporary market set-up, according to bullish delegates at Fastmarkets' International Recycled Aluminium Conference in Hamburg on November 12-14. "There is kind of a bearish sentiment that is related to global recessions, dips in the London Metal Exchange three-month aluminium price and Chinese scrap import news," Russian a...Read More
Traders are scrambling to divert their transshipped containerized cargoes of ferrous scrap bound for Indonesia to other destinations and find new supply sources in response to new import restrictions issued last month by the country's trade ministry."I'm working to divert my containerized scrap cargoes to other ports in Asia because the new regulations do not allow transshipment," a trader in East...Read More
Sampson took over the CEO role in May 2018. At the time, the company was focusing on the 2 billion tonne Kola deposit in the former French colony.Read More
"We believe that the Western Australian energy and mining sectors can become world leaders in digitalisation," resources lead for Australia and New Zealand (ANZ) Ann Burns said. "Crucial to this is a focus on what we refer to as ‘triple zero': ideas, design and technologies that help achieve zero harm to workers and machines, zero loss across the value chain, and zero waste for sustaina...Read More
Discouraging news from China over the "phase one" trade deal with the United States has led to less risk appetite, which for now is affecting the broader markets more than the metals, which were broadly firmer on Thursday November 21.Asian equities weaker, led by a 1.5% decline in the Hang Seng. US 10-year treasury yields fall as the outlook for a trade deal deteriorates. Base metalsThree-month ba...Read More
Greenstone struck an agreement with the Aroland First Nation, Animbiigoo Zaagi'igan Anishinaabek and Ginoogaming First Nation.Greenstone GM Eric Lamontagne hailed the pact as an important milestone.The agreement formalises the partnership's commitment towards protecting the environment and supporting the local First Nations social and cultural practices, and provides for environmental monitor...Read More
The era of the internal combustion engine is ending.It's not over yet.But it is ending.By every estimate, sales of internal combustion engine (ICE) vehicles are set to continue increasing for the next decade or so.That's due to the general increase in global energy demand driven by a growing world population, increased urbanization, and economic development in second- and third-world nations.But b...Read More
U.S. Gold Corp. (NASDAQ: USAU) is a U.S. focused, junior gold exploration and development company, with two flagship assets: The Copper King gold-copper-silver-zinc project, located in Southeast Wyoming, with a robust PEA showing $178 million NPV, and IRR of approximately 33%; and Keystone and Maggie Creek - early stage exploration properties on the Cortez and Carlin Trends in Nevada. We learned f...Read More
We learned from Anthony Milewski, Chairman, and Justin Cochrane, President and CEO of Conic Metals Corp. (TSXv: NKL) that they were spun out of Cobalt 27 at the end of October, with an 8.56% joint venture interest in the Ramu Nickel Cobalt operation, in Papua New Guinea, as well as a portfolio of 11 nickel and cobalt royalties on some world-class exploration and development projects, in both Canad...Read More
The Chinese cobalt sulfate price fell again in the latest pricing session, under constant pressure since mid-October from significantly shrinking buying appetite amid a bearish near-term outlook for electric vehicle (EV) development. Fastmarkets' assessment of the cobalt sulfate 20.5% Co basis, exw China price dropped to 44,000-46,000 yuan ($6,248-6,532) per tonne on Wednesday November 20, do...Read More
Domestic prices for hot-rolled coil in Europe have been stable day on day, but the mood in the market remained upbeat, sources told Fastmarkets on Thursday November 21.Northern Europe"Workable" prices and a few deals have been heard at ?,?420-425 ($465-470) per tonne ex-works, but market sources suggested that mills could give additional discounts of about ?,?5 per tonne to specific buyers for Dec...Read More