U.S. stocks came off earlier highs but still closed higher Monday after President Donald Trump tweeted that he would delay additional China tariffs, and that there had been "substantial progress" in trade talks over the weekend. How did stock indexes fare? The Dow Jones Industrial Average DJIA, -0.13% rose 60.14 points, or 0.2%, to 26,091.95. The S&P 500 index SPX, -0.08% gained 3.44 points, o...Read More

Eagle Gold Mine construction underway in the Yukon. Source: Victoria Gold Corp.Victoria Gold Corp. [VIT-TSXV] needs another $25 million to complete construction at the Eagle gold mine project in the Canadian Yukon. The Eagle Mine is part of the larger Dublin Gulch Project and is expected to rank as the largest hard rock gold mine in the Yukon's history.Victoria Gold shares fell 1.96% or $0.01 to 5...Read More

Clayton Valley, Nevada Lithium ClaystoneCypress Development Corp. [TSX-V: CYP, OTCQB: CYDVF, Frankfurt: C1Z1] ("Cypress" or the "Company") is pleased to report the completion of the first phase of metallurgical testing in the prefeasibility study (PFS) on the Company's 100% held Clayton Valley Lithium Project in Nevada. The testing was successful in confirming the range of parameters used in the...Read More

OTTAWA - Today Greg Rickford, Minister of Energy, Northern Development and Mines stood before the federal Senate Standing Committee on the Government of Canada's proposed Bill C-69, which overhauls the Federal Environmental Assessment Act and politicizes the approval process for resource development and energy projects.Speaking on behalf of the workers affected by the Bill, Minister Rickford expre...Read More

* FTSE 100 down 0.5 pct * FTSE 250 up 0.1 pct * Ocado surges on JV talks with M&S * Metro Bank slumps after cash call * Fresnillo falls after profit slump * Travis Perkins jumps after results (Changes analyst comment, updates to closing prices)By Shashwat Awasthi and Muvija MFeb 26 (Reuters) - Britain's FTSE 100 fell on Tuesday asminer Fresnillo slumped after poor results and the sterlingralli...Read More

After recent strong performances by the base metals traded on the London Metal Exchange, most prices started to consolidate at the beginning of the week and are down an average of 0.3% this morning, Tuesday February 26.Copper and tin prices have been the strongest on the upside in recent weeks, with warrant cancellations in copper tightening up liquidity on the LME copper contract, while further s...Read More

Lithium producer share price weakness is a reflection of the supply response that started in 2018, head of base metals and battery materials research William Adams said.Lithium producers' share prices have generally been under pressure since late 2017. In the chart below, producers' share prices are up 15% on average from their 52-week low price. We see this as a reflection of the supply response...Read More

As a Boy Scout and long-distance hiker, I considered myself an environmentalist growing up. My family camped in national parks around the country. The last thing I do when leaving a campsite is make sure the fire is cold and pick up any trash, including tiny scraps and cigarette butts left by the last campers.Heck, I'll even put aluminum cans and sometimes even plastic in recycling. Though I do th...Read More

Flat steel import prices in the United Arab Emirates and Saudi Arabia have increased over the past week, although buying activity remained limited, Fastmarkets heard on Tuesday February 26.Deals were scarce because market participants were waiting to see whether the price increases would be permanent, sources told Fastmarkets.The buyers were doubtful because raw material prices have started to dro...Read More

We have just published our third edition of Canadian Insider Insights, Bullish signal flashing as insider index winning streak continues. This week we draw on an upbeat theme for our weekly market report, while also highlighting an important shift in the marijuana space.INK's Insider of the weekYou can read this week's edition via our Insights archive page. If you have a Canadian Insider account,...Read More

China's hot-rolled coil prices strengthened further on Tuesday February 26 despite moderate trading activity, with gains in the futures market in the afternoon providing a boost to the spot market.DomesticEastern China (Shanghai): 3,800-3,830 yuan ($567-572) per tonne, up 10-20 yuan per tonneNorthern China (Tianjin): 3,740-3,770 yuan per tonne, widening upward by 20 yuan per tonneSellers in Shangh...Read More

Export prices for Chinese cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) increased again over the past week, with some mills continuing to raise their offers amid bullish sentiment and a stronger domestic market.Cold-rolled coilFastmarkets MB's weekly export price assessment for Chinese SPCC 1.0mm CRC was $545-555 per tonne fob on Tuesday February 26, up $5 per tonne from $540-550 per...Read More

Prices for steel rebar and billet imported into the United Arab Emirates have increased slightly this week because of higher offers and deal prices, sources told Fastmarkets on Tuesday February 26.The reason for the rise in the billet import price was that producers in Oman and Bahrain raised their prices for the commodity.But demand for rebar was moderate in the country, and with local supply bei...Read More

China's domestic rebar prices retreated on Tuesday February 26 after supply pressures led sellers to destock.Domestic Eastern China (Shanghai): 3,740-3,780 yuan ($558-564) per tonne, down 10-20 yuan per tonneNorthern China (Beijing): 3,730-3,770 yuan per tonne, widened downward by 10 yuan per tonneSelling interest among stockists picked up due to an increase in inventory levels, which led to them...Read More

The Mexican government has decided to renew a 15% safeguarding duty on imports of steel from countries with which it does not have free trade agreements.The safeguard is expected to be signed this week, and it will be valid for another six months, according to the country's economy secretariat.It will apply also on imports of products...Read More

In contrast to the clear skies outside, a cloud hung over discussions among Indian scrap traders attending the opening session of the annual conference of the Material Recycling Association of India (MRAI) earlier this month in Kochi, southern India.Secretary-general Amar Singh praised the superior air quality in the host city, compared with the metropolises of New Delhi and Mumbai. But delegates...Read More

Turkish steel producers continued holding back from the deep-sea scrap markets on Tuesday February 26 because of the weak demand for their finished steel products in the country's domestic and export markets.The steel producers in the country went quiet at the end of last week after booking a Baltic Sea cargo, which sent prices down by $20 per tonne week on week."Turkish producers are not in very...Read More

From Tuesday February 26, Fastmarkets will update the normalization coefficients of the Turkey and Rotterdam ferrous scrap indices once per month instead of once per quarter. The indices to which this proposed change relates are the HMS 1&2 (80:20), Northern Europe-origin material, cfr Turkey index; the HMS 1&2 (80:20), USA-origin material, cfr Turkey index; and the HMS 1&2 (80:20), Nort...Read More

By: Stefan GleasonMore than a decade after the 2008 financial crisis, U.S. monetary policy continues to operate in crisis management mode.Despite a long, drawn out rate-hiking campaign - now paused - the Federal Reserve has yet to bring its benchmark interest rate up to normal levels historically.It has yet to unwind the vast majority of the nearly $4 trillion in emergency asset purchases added...Read More

1. The biggest driver of major markets right now is the possibility of a US-China trade deal.2. On that note, please click here now. The US government's wild launch of tariff taxes caused global markets to swoon in the first half of 2018. Gold and the Chinese stock market were hurt more than a lot of other markets.3. Gold has done well with QE, QT, falling rates, and rising...Read More