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.

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Gungnir Resources Inc > Premiums in Europe rise to highest level in 2021

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Comment by Goldy63on Nov 12, 2021 5:50pm

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Post# 34121886

RE:Premiums in Europe rise to highest level in 2021

CrazyProphet wrote:

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

Excellant information Crazy and yup the world needs huge Nickel increases as my last post mentioned . This is what people want to see not brainfarts from bashers. . Solid Info . Kudos bro .(Quote) Fastmarkets analysts forecast a deficit of 78,000 tonnes

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