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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Metals & Mining Gold
Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and disseminated felsic volcanic breccia-hosted gold boulders all of which are open for expansion and further discovery. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line. Hemberget is located approximately six km north of the Knaften project within the broader Gold Line along with Knaften.


TSXV:GUG - Post by User

Gungnir Resources Inc > Premiums in Europe rise to highest level in 2021
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Post by CrazyPropheton Nov 12, 2021 4:48pm
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Post# 34121695

Premiums in Europe rise to highest level in 2021

Premiums in Europe rise to highest level in 2021

Nickel premiums rose in Europe and the United States in the week ended November 10 due to tight supply conditions pushing premiums and spot activity higher; China retreated slightly amid an increased arbitrage loss.

  • US nickel premiums continue to rise to historic highs
  • Premiums in Europe rise to highest level in 2021
  • Chinese premiums retreat slightly with arbitrage loss between London and Shanghai
European spot premiums driven up by 2022 expectations
Nickel market participants in Europe continue to focus on long-term contracts, with negotiations in full swing ahead of the International Ferro-Alloys Conference in Prague on November 15-16.
Stainless steel demand has been strong in 2021, with output rising by 24.9% in the first half of the year, data from the International Stainless Steel Forum shows.
Though stainless-steel output is expected to decline due to power constraints and a slowing Chinese economy, demand from the battery industry and supply issues should support prices and premiums.
“The current need for consumers to secure material [for next year] is driving up [spot] prices,” a producer said.

Fastmarkets analysts forecast a deficit of 78,000 tonnes 


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