One crisp winter morning in Sweden, a cute little girl named Greta woke up to a perfect world, one where there were no Continue...Read More
"The decades of research on stimulus checks back up the argument that much of this is spent, which helps stimulate the economy, and sources like the Census show there is immense need" Continue...Read More
Six weeks into his administration, Biden seems in danger of being drawn back indefinitely into the forever wars of the Middle East.Continue...Read More
At first glance, the March squeeze on silver has failed, or so we might be told Continue...Read More
Nomad Royalty Company's recently released financials and progress at one of the company's stream assets are covered in Haywood Securities report. In a Feb. 18 research note, Haywood Securities analyst Kerry Smith reported that Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX) "delivered a good quarter" and mining operations at one of its stream assets, Blyvoor, is ramping up.Smith reviewed Nomad'...Read More
The amendment to Liberty Gold's plan of operations for Black Pine and recent drill results from the project are discussed in a Haywood Securities report. Liberty Gold Black PineIn a Feb. 18 research note, Haywood Securities analyst Geordie Mark reported that Liberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) received approval of the amendment to its flagship Black Pine project's plan of operations, allowi...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 3 that are worth another look.A crackdown on industrial activity in Tangshan, China's steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.Glencore has appointed BMO...Read More
Turkish prices for hot-rolled and cold-rolled coil increased in February 2021, with market demand strong because of low stock levels, Fastmarkets heard on Wednesday March 3.The country's HRC producers were fully booked until late June, while CRC producers were accepting orders for June, July and August production. They were not willing to give any discounts because of the strong local and export d...Read More
Gold has been taking a beating in recent weeks, the sell-off prompted by rising bond yields which are taking the shine off the yellow metal. Higher interest rates diminish the argument for owning gold, which offers no yield.On Wednesday, Feb. 24, spot gold dropped to $1,784.60 an ounce, just shy of $1,783.10 reached on Feb. 21, its lowest since July, 2020. The gold price climbed $342, or 22% last...Read More
There is a sense that we are close to asignificant move in silver. The current season since August 2020 till now, isshaping up in a similar manner to the season of August 2019 to February/March2020.Silver as well as the stock market peaked inFebruary 2020, and crashed significantly into March.Below, is a chart of silver (top) and theDow (bottom): On the silver chart, I have indicated howthe curren...Read More
A crackdown on industrial activity in Tangshan, China's steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry. Local authorities in the city issued a notice on the evening of Tuesday March 2 to say that it was embarking on a strict crackdown over March on industries that lag behind in terms of measures to lower emissions, with some act...Read More
Following a necessary correction,the gold miners’ stocks have spent much of recent months bottoming. This healthy basing process is rebalancingsentiment, preparing the way for this sector’s next bull-market upleg. That is looking to coincide with gold stocks’spring rally, one of their strongest times of the year seasonally. That stiff tailwind blowing behind bul...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 3 that are worth another look.A crackdown on industrial activity in Tangshan, China's steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.Glencore has appointed BMO...Read More
The strength of the economic recovery in China in 2020 defied the expectations of most market observers. According to estimates by Fastmarkets, apparent consumption in the country rose by 9% in 2020 compared with a 12% fall in the rest of the world.Crucially, this increase in supply was a response to a boom in steel demand in the East Asian nation. In the first quarter of 2020, demand (or real con...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 3.Please click...Read More
Domestic prices for hot-dipped galvanized coil in Europe increased again over the week to Wednesday March 3, due to a material shortage combined with healthy demand, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel hot-dipped galvanized coil, domestic, exw Northern Europe, was ?,?870-900 ($1,048-1,084) per tonne on March 3, up by ?,?20-30 per tonne week on week from ?,?...Read More
Here are five Fastmarkets stories you might have missed on Wednesday March 3 that are worth another look.A crackdown on industrial activity in Tangshan, China's steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry.Glencore has appointed BMO...Read More
A crackdown on industrial activity in Tangshan, China's steelmaking hub, is sending jitters throughout the sector. Fastmarkets examines what it means for the steel industry. Local authorities in the city issued a notice on the evening of Tuesday March 2 to say that it was embarking on a strict crackdown over March on industries that lag behind in terms of measures to lower emissions, with some act...Read More
A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 3.Please click...Read More
Nickel's futures price on the London Metal Exchange plummeted by over 6% at the 5pm close on Wednesday March 3 following the news that Norilsk Nickel expects to stabilize flooding issues at two of its mines next week. The Russian company, the world's largest palladium and high-grade nickel producer, suspended operations at Oktyabrsky and Taimyrsky mines due to flooding from natural groundwater las...Read More