U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points in pre-opening trade.The Canadian Dollar added 0.14 to U.S.75.43 cents following release of Canadian September Retail Sales at 8:30 AM EST. Consensus was an increase of 0.3% versus a decline of 0.2% in August. Actual was a decrease of 0.1%.Nordstrom gained $2.86 to $37.18 after reporting higher than consensus...Read More
The European Commission will consider early next year whether to add cadmium to the European Union's critical raw materials list, with the aim of encouraging production and recycling of this metal widely used in batteries, and hence potentially helping the EU economy move away from fossil fuels. Such a listing is designed to incentivize European production of a critical raw material that is in sho...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves. Read More
Diplomats at the World Trade Organisation's goods council have attacked the European Union over its plans to integrate titanium dioxide and cobalt into its health and safety laws, claiming this could impose unnecessary restrictions on exporting certain stainless steels to the EU.The European Parliament is considering regulating these steel inputs under its classification, labeling and packaging of...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 22. China The domestic Chinese ferro-silicon price remained unchanged after producers refused to lower offer prices despite slow trades. Export price was also steady on firm offer prices from major suppliers, but persistent weak demand has resulted in some lower offers among tra...Read More
Steady demand in Taiwan continues to prop up ferrous scrap prices, which maintained a slight upward trend this week. Demand in the major import market of Vietnam remained weak due to the narrow price spread between ferrous scrap and downstream billet, with few buyers willing to pay higher for deep-sea cargoes. There was, however, interest for lower-priced Japanese scrap. VietnamFastmarkets' p...Read More
Exceptional diamonds are nothing new for Lucara Diamond's (TSX: LUC) Karowe mine in Botswana, but this fall has seen the miner unearth coloured gems as well as large high-value Type IIa stones. Lucara recently reported it has recovered a 123-carat Type IIa diamond, a 9.74-carat blue diamond and a 4.13-carat pink diamond - all from the South Lobe of the AK6 kimberlite.The company also recovered a 3...Read More
Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company's failure to generate positive free cash flow in 2019.In October, the Superior Court of Quebec granted Stornoway an approval and vesting order from, a key condition for the company to execute transactions outlined in a letter of intent announ...Read More
The second annual Diamonds in Canada Symposium, organized by The Northern Miner, took place in Toronto in June. This year's featured speakers included Chris Jennings, chairman of North Arrow Minerals, and Paul Zimnisky, independent diamond analyst and consultant. While the day was full of insights about the diamond market and diamond exploration and mining, three themes were particularly prominent...Read More
McEwen Mining (TSX: MUX; NYSE: MUX) has closed a public offering of US$50 million issuing 37.8 million units at $1.325 per unit.Each unit consists of one common share and one half of a warrant to buy one common share. Each full warrant can be exercised for one common share at $1.7225 per share within five years from the date of issuance.Underwriters have a 30-day option to buy an additional 5.7 mi...Read More
The reported wager placed by Bridgewater Associates would pay off for the firm if either the S&P 500 or the Euro Stoxx 50 or both decline.Read full newsRead More
"@NeilRingdahl @eadatt @YukonBrandon @paola_rojas @TraderPamplona @flaschinger @JReade_WGC @cintsxv @Swissy_Thomas @GoldenOxen @PeterNBell @aloha_jeb @StagaZigfried @EnviroLeach @jaycurrie @paultweddle3 @Pete__Panda Ty very much Neil, cheers and have a great weekend all ??? 3/4 "Read full newsRead More
The European Union launched a complaint at the World Trade Organization (WTO) on...Read full newsRead More
The Chilean producer continues to suffer from dire conditions affecting the market of the metal used in batteries that power electric vehicles and high tech electronics.Read full newsRead More
"Bill #Gates speaks out against protectionism in technological research, arguing that open systems will inevitably win out over closed ones #AI https://t.co/A7fvnqfRPw via @technology"Read full newsRead More
"Valuable contributor: #FF@TihoBrkan @hjesanderson @CWRoehl @michaellebowitz @amberkanwar @JavierBlas @RonStoeferle @chigrl @colinmckerrache @ThinkTankCharts @NeilRingdahl @jsblokland"Read full newsRead More
Tesla Inc on Thursday unveiled its electric pickup, a truck with a futuristic an...Read full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Sept.17, 2019(GLOBE...Read full newsRead More
With Zimbabwe going through its worst economic crisis in a decade, desperate citizens are turning to illegal gold mining to make a living, officials say, sparking violence and driving people from their landRead full newsRead More
LONDON, Nov. 20, 2019 /PRNewswire/ -- It's no secret that a small move up in gold prices. Often converts into a huge move in junior gold miners. For every 1%...Read full newsRead More