VALLEJO - Richard and Krissy Hiteshew opened the doors to their own business 23 years ago on Valentine's Day.The idea to run his own business came to Richard Hiteshew after working for a company that didn't really fit with what he wanted for his life."My daughter had a birthday aRead full newsRead More
Published 23 Hours AgoUpdated6 Hours AgoReuters Getty ImagesGold bullion bars and coins.Gold steadied on Wednesday just above a five-week low touched in the last session as the dollar retreated slightly and stocks edged lower, with investors awaiting further signals on the health of the global economy.Spot gold was down 0.11 percent at $1,285.70 per ounce as of 2:09 p.m. ET, trading in a narrow...Read More
"$DLR - Digital Realty Trust, Inc. (DLR) Management Presents at Raymond James 40th Annual Institutional Investors Conference (Transcript) https://t.co/5864YrlDlB"Read full newsRead More
MEXICO CITY (AP) - Mexican President Andres Manuel Lopez Obrador says he's cancelling a gold mining project in Baja California Sur state over concerns about water supplies.Read full newsRead More
The board of US mining company Newmont on Monday unanimously rejected a hostile takeover bid from Canadian rival Barrick Gold, saying its own merger with Goldcorp was a better option.Toronto-based Barrick announced the takeover offer last week, proposing a share swap that would have combined the worldRead full newsRead More
Kazakh uranium miner Kazatomprom expects further revenue growth this year on higher prices, it said on Wednesday after posting a 112 percent jump in 2018 adjusted net profit on higher sales volumes and prices.London-listed Kazatomprom's net income adjusted for one-off transactions stood at 66.8 billion tenge (about $177 million), it said in a statement.The world's biggest uranium miner said it exp...Read More
Kazakh uranium miner Kazatomprom expects further revenue growth this year on higher prices, it said on Wednesday after posting a 112 percent jump in 2018 adjusted net profit on higher sales volumes and prices.London-listed Kazatomprom's net income adjusted for one-off transactions stood at 66.8 billion tenge (about $177 million), it said in a statement.The world's biggest uranium miner said it exp...Read More
"$GE - General Electric's (GE) CEO Larry Culp on J.P. Morgan Aviation, Transportation and Industrials Conference - Transcript https://t.co/v6NxwfepcD"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed down Tuesday, extending Monday's decline.Kohl's (KSS) earned $2.24 a share on an adjusted basis in its fourth quarter, beating analysts' estimates by 6 cents. The stock rose 7.33%. Target (TGT) posted stronger-than-expected fourth-quarter earnings after a solid holiday shopping...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 5.Please click...Read More
Nickel's three-month price on the London Metal Exchange was up by just under 3% at the close of trading on Tuesday March 5, with bullish sentiment emerging from robust fundamentals, while trade optimism continues to boost risk-appetite amid broad strength in the US dollar index.The metal's three-month price has been the standout commodity across the complex, with its price action climbing over 5%...Read More
The price of copper on the Comex exchange in the United States bounced back in morning trading on Tuesday March 5, with continued optimism about the outcome of international trade talks.The copper price for May settlement on the Comex division of the New York Mercantile Exchange rebounded by 2.05 cents to $2.9295 per lb.Continued optimism about US-China trade talks has improved risk sentiment acro...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday March 5 that are worth another look.The United States Commerce Department launched a Section 232 investigation into titanium sponge imports on Monday March 4 after domestic producer Titanium Metals Corp (Timet) filed a petition in September.Ferro-chrome prices are likely to be supported in the near to medium term by co...Read More
Codelco faces further delays in bringing back refined copper smelting at its Chuquicamata plant, which is now expected to resume operations in mid-April, company sources told Fastmarkets on Tuesday March 5.Chuquicamata, which has the capacity to smelt 320,000 tonnes of refined copper per year, has been out of the market since mid-December as Codelco upgrades...Read More
Ferro-chrome prices are likely to be supported in the near to medium term by concerns over South Africa's power constraints, market sources believe.South Africa's state-owned power utility Eskom implemented load shedding - controlled power outages that aim to reduce strain on the country's system - in February.The resulting blackouts had minimal impact on prices but did affect ferro-chrome product...Read More
Turkish steel producers continued to book deep-sea scrap cargoes for April shipments due to low stock levels, with prices continuing to nudge up, sources said on Tuesday March 5.A steel mill in Northern Turkey booked a European cargo, comprising 25,000 tonnes of HMS 1&2 (75:25), a 10,000-tonne mixture of HMS and plate & structural (P&S) scrap, and 5,000 tonnes of new cuttings at an....Read More
The price of copper on the Comex exchange in the United States bounced back in morning trading on Tuesday March 5, with continued optimism about the outcome of international trade talks.The copper price for May settlement on the Comex division of the New York Mercantile Exchange rebounded by 2.05 cents to $2.9295 per lb.Continued optimism about US-China trade talks has improved risk sentiment acro...Read More
Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.8% this morning, Tuesday March 5. Volume was well above average with 12,645 lots having changed hands on Select as at 06.30am London time, compared with 6,685 lots at a similar time on Monday.Nickel led on the upside once again with a 2.2% gain to $13,575 per tonne, having closed on Monday at $1...Read More
Nickel demand is set to outstrip supply as soon as 2023, Amur Minerals chief executive officer Robin Young told Fastmarkets in an interview on Wednesday February 27. The junior mining company owns the Russia-based Kun-Manie project, the world's largest Asia-adjacent unexploited nickel deposit, home to an estimated 1.2 million tonnes of mineable nickel ore. And if nickel demand outstrips supply as...Read More
Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB. Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% min, China ex-works, adjustment to the low-grade cobalt low-end price at Co 20.5% basis is on a $ per lb basis.Fastmarkets MB prices Click here for...Read More