Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 298,10861,55459,841160,228420,378518,177541,773 Change from Prior Reporting Period 23,475-8,7563,18618,23554,53044,89648,960 Traders 20775745660287189 Small Speculators LongShortOpen Interest 59,42835,832577,605 7,0733,00951,969 non reportable positionsCh...Read More

By: Ira EpsteinGold technical update -- preparing for the G20, China and more:Read More

The Fitch Group unit says it's increasingly likely that China might use its near-monopoly (72% of the global rare earths market) as leverage over the coming months.The US is highly dependent on Chinese imports to satisfy its demand for rare earth metals, with China having supplied up to 80% of the rare earths imported by the US between 2014 and 2017.According to Fitch, historical precedence sugges...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

Gold futures finished lower Thursday, suffering back-to-back losses after the haven metal scored a nearly six-year high early in the week. The impending sideline meetings at the Group of 20 conference in Japan between U.S. President Donald Trump and his Chinese counterpart Xi Jinping held the attention of financial markets, which had been supportive for gold in recent sessions. Analysts at Zaner...Read More

ERG partially restarted production of cobalt metal at Chambishi in Zambia earlier this month. It is understood that the new production is fed by hydroxide produced at ERG's Metalkol Roan Tailings & Reclamation (RTR) project in the Democratic Republic of Congo (DRC). RTR started production late last year, with output in the process of increasing to 14,000 tonnes per year of cobalt in the form of...Read More

Treatment charges (TCs) on copper concentrates are marginally lower this week because of further aggressive bids from traders on third-quarter tonnages despite fresh spot supply from the Cobre Panama greenfield project.Fastmarkets' Asia-Pacific TC/RC index dropped to $52.4 per tonne/5.24 cents per lb on Friday June 28, its lowest since the index was launched in June 2013. It was $53.5 per tonne/5....Read More

Gold futures edged higher on Friday and scored their biggest monthly percentage gain in three years following a climb to a nearly six-year higher earlier in the week. "Gold has surged over the past month as the [U.S. Federal Reserve's] amazing turn from hawks at the beginning of the year to doves today has finally shifted investor expectations," said Brien Lundin, editor of Gold Newsletter. "Inves...Read More

Global ferrous scrap prices ended the downtrend during the working week from Monday June 24 to Friday June 28, with Turkish mills returning to the market for August shipment deep-sea cargoes, bringing a positive sentiment to the market. Turkish import prices increase sharply on resumed buyingUS export markets remain weak with sales from West CoastCheaper Japanese scrap to limit US imports into Asi...Read More

Ontario's government is working for the people by supporting Sault Ste. Marie's growing manufacturing sector, creating eight new full-time jobs.Today, Ross Romano, MPP for Sault Ste. Marie, announced China Steel Inc. is receiving $741,500 to buy equipment that will diversify its operations and produce a higher quality product. "Our government is committed to creating good jobs and helping local ec...Read More

The UK light iron inter-merchant spot market has been relatively stable amid some widening in price assessments while suppliers and consumers jockey for position in their estimates for the outcome of July monthly settlement talks due to start next week, sources told Fastmarkets on Friday June 28.Fastmarkets' weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant basis was ?80-...Read More

The first day of the Group of 20 (G20) summit in Japan gets underway on Friday June 28. With world leaders gathering at the event, and a few notable meetings scheduled on the sidelines, market participants will be keeping a close eye on any developments.The London Metal Exchange three-month base metals prices were weaker on Friday morning and it is worth noting that the strongest performer this we...Read More

The Friday Market Minute U.S. equity futures edge higher on the final trading day of the second quarter as investor await news of a key meeting on trade between Presidents Donald Trump and Xi Jingping.Trump and Xi will meet for around 90 minutes at 10:30 pm Eastern time today, with plans to talk trade, North Korea and Pacific region security.Trump says meeting will "at a minimum, be productive",...Read More

Food scarcity is emerging as one of the defining issues of a new era.According to the UN, about 815 million people (roughly 10% of the global population) currently live undernourished.By 2050, the global population is expected to reach almost 10 billion. And the planet's food supplies will be under far greater stress.Water shortages, pollution, rising energy costs, urbanization, and geopolitical i...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

Burcon NutraScience (BU) is a stock that is high on protein and insiders are buying. Find out more by watching our video summary of the June 27th INK morning report (distributed to Canadian Insider Club members). INK Research and Canadian Insider are both subscriber-supported. We do not accept payments from issuers or promoters for stock coverage.Your browser does not support the audio element....Read More

ERG partially restarted production of cobalt metal at Chambishi in Zambia earlier this month. It is understood that the new production is fed by hydroxide produced at ERG's Metalkol Roan Tailings & Reclamation (RTR) project in the Democratic Republic of Congo (DRC). RTR started production late last year, with output in the process of increasing to 14,000 tonnes per year of cobalt in the form of...Read More

Australian spodumene miner Galaxy Resources has delayed one shipment of 15,000 tonnes of lithium spodumene previously planned for the second quarter from its Mount Cattlin nameplate operation in Western Australia, it said on Wednesday June 26. Although further details were not disclosed by the company, falling lithium prices and delays on production expansion by some converters in China, who typic...Read More

Coated flat steel prices in Turkey decreased over the week ended on Friday June 28, with demand reportedly weak in both the local and export markets.Export demand had initially improved after the United States decided on May 17 to reduce its tariffs on Turkish steel imports to 25% from 50%, but then declined again because of Turkish producers' high prices.Domestic pricesDemand in the country's loc...Read More

Hot-rolled and cold-rolled coil prices in Turkey moved down over the past week due to the summer slowdown and reduced end-user consumption, sources told Fastmarkets on Friday June 28.Domestic pricesFastmarkets' weekly price assessment for Turkish domestic HRC was $500-510 per tonne ex-works on Friday, compared with $500-520 per tonne ex-works a week earlier.Turkish mills have been offering th...Read More