Nelson expects domestic thermal coal demand to drop 30% in 2020. "We expect very weak second-quarter earnings for coal producers under our current baseline scenario.Read More

The African National Congress' Economic Transformation Committee's "Reconstruction, Growth and Transformation" document, released last week, had suggested encouraging JSE listings, incentives for investing in mining exploration and resolving regulatory uncertainty.It had reaffirmed South Africa remained a global mining powerhouse but also acknowledged the falling levels of investment in exploratio...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that the Company has entered into a new alliance with Hyperion Partners, a leading master agent who specializes in mobility across all national wireless carriers.Marc Seelenfreund, CEO of Siyata Mobile, states, "We are very excited for this new alliance as it will expan...Read More

Trevali has begun the restart of its Santander mine in Peru, two weeks after an outbreak of Covid-19 cases led to a shutdown there, the company said.The mine, which produces zinc and lead concentrates, had initially locked down on June 26 after several workers tested...Read More

Gold will break free from the recent consolidation phase and form a new range. Silver is bullish. Copper and crude oil are in a neutral zone to bullish zone. Better to remain on the sidelines today. A weaker US dollar will ensure that all metals rise before close. Trump has ended special status to Hongkong. (to me Hongkong is a part of China just like Palestine belongs to Palestinians and not to...Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 15 that are worth another look.Polish coking coal miner Jastrzebska Sp??lka Weglowa (JSW) is looking for financial aid to support operations badly affected by the Covid-19 pandemic, the company said on Wednesday July 15.Part of the Nchanga copper mine in Zambia collapsed during the morning of July 15, as operator Konkola Cop...Read More

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt standard grade, in-whs Rotterdam, at $13.75-14.05 per...Read More

Prices for bulk cargoes of Japan-origin scrap have increased over the past week on strong demand from buyers in South Korea, Taiwan and Vietnam, market participants told Fastmarkets on Wednesday July 15.Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan, was ?23,000-23,500 ($214-219) per tonne on Wednesday, up by ?500 per tonne week on week.One cargo of Japanese H2 scr...Read More

* Stocks helped by vaccine hopes as US-Sino tensions simmer * Euro at four-month high ahead of recovery fund meeting * Oil climbs before OPEC meetingBy Marc JonesLONDON, July 15 (Reuters) - World shares climbed toward afour-month high on Wednesday with the euro and oil in tow, ashopes for a coronavirus vaccine offset rising tensions betweenthe United States and China.Asia had a choppy session afte...Read More

Asian-Pacific equities were mixed this morning, Wednesday July 15, with markets in China and Hong Kong lower, while other markets in the region and pre-market major western equity markets were firmer.The base metals traded on the London Metal Exchange and Shanghai Futures Exchange gave a similarly divergent performance; three-month base metals prices on the LME mostly edged higher this morning, wh...Read More

UC Rusal, Nornickel's second-largest shareholder, has called for a change in the latter's management, following three polluting events in six weeks within Nornickel. In a statement issued on Tuesday July 14, Rusal questioned the competence of Nornickel management and its board of directors, saying: "[T]hrough their collective inertia, this is likely to lead to severe and damaging criticism from th...Read More

BURK'S FALLS - The Ontario government is investing more than $1.4 million through the Northern Ontario Heritage Fund Corporation (NOHFC) in three companies in the Almaguin Highlands Region, helping create fifteen new jobs."As the province reopens and the economy recovers, companies in the north need our support," said Greg Rickford, Minister of Energy, Northern Development and Mines. "NOHFC fundin...Read More

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt standard grade, in-whs Rotterdam, at $13.75-14.05 per...Read More

Share this articleTORONTO - Shares in Alamos Gold Inc. are trading lower after the miner announced it would proceed with a $514 million expansion of its Island Gold mine in northern Ontario.It says the decision is based on a study of several options that concluded the best path forward was to proceed with a mill upgrade and shaft expansion to increase ore extraction to 2,000 tonnes per day by 20...Read More

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt...Read More

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency...Read More

So, has anything interesting happened to Tesla lately?Unless you've been living under a rock, which might be a possibility given the pandemic climate we find ourselves trading in today, it's a safe bet that you've seen a story or two regarding the world's best hype man.Tesla's stock move recently was nothing short of spectacular:Was the move justified? Of course not.The sentimental valuation spike...Read More

Domestic prices for hot-rolled coil have moved upward in Northern Europe, supported by a lack of competitive import offers and a slow revival of demand, sources told Fastmarkets on Wednesday July 15.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was calculated at ?,?405.43 ($461.00) per tonne on Wednesday, up by ?,?2.43 per tonne from ?,?403.00 per tonne on July 14....Read More

"Throw out the old rulebook," advises Christophe Ollari, founder of Ollari Consulting. In a Real Vision interview Tuesday, he makes the case that we have entered a period of no turning back for central banks. He argues that normalization will not be possible, and I agree. We were assuming as much when we suggested in our market report Monday that we were approaching a period of helicopter money....Read More

Here are five Fastmarkets stories you might have missed on Wednesday July 15 that are worth another look.Polish coking coal miner Jastrzebska Sp??lka Weglowa (JSW) is looking for financial aid to support operations badly affected by the Covid-19 pandemic, the company said on Wednesday July 15.Part of the Nchanga copper mine in Zambia collapsed during the morning of July 15, as operator Konkola Cop...Read More