Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

Bangladeshi ferrous scrap buyers are opting to purchase smaller quantities of containerized materials instead of bulk shipments to hedge against the sudden price increases in scrap markets in the week to Thursday November 26, sources told Fastmarkets. Finished steel product prices have not been able to absorb the sudden hikes in raw materials prices, and Bangladeshi steel mills have not been inter...Read More

Iron ore prices gained on Thursday November 26 on support from decreasing steel inventories, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $128.39 per tonne, up $0.98 per tonne62% Fe low-alumina fines, cfr Qingdao: $128.10 per tonne, up $0.41 per tonne58% Fe fines high-grade premium, cfr Qingdao: $120.67 per tonne, up $1.43 per tonne65% Fe Brazil-origin fines, cf...Read More

Seaborne premium hard coking coal prices in both the cfr and fob markets moved up on Thursday November 26, with trading in the fob market active while Chinese market participants expect the premium cfr price to go up further. Fastmarkets indicesPremium hard coking coal, fob DBCT: $101.54 per tonne, up $0.04 per tonnePremium hard coking coal, cfr Jingtang: $164 per tonne, up $0.77 per tonneHard cok...Read More

The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process...Read More

The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday November 25. Key drivers  Traders reported difficulty finding available material in both Asia and Europe amid higher offers from producers and increasing freight costs.  Although demand continues to be limited in Europe, traders said it would be unprofitable...Read More

A summary of China's battery raw materials exports for October 2020.In brief  China's cobalt tetroxide exports continued to rise on a monthly basis due to a recovery of industrial activities in the countries outside China and major smartphone producers' ambition to develop models with fifth generation (5G) functionality. China's lithium carbonate exports registered a slight increase in O...Read More

A summary of China's battery raw materials imports for October 2020.In brief China's imports of cobalt metal set a new historical high in October, surpassing the August record of 1,130 tonnes. The higher imports in October compared with September is mainly due to new buying in August-September by speculative investors and traders who intended to lock in decent import profits from the Chinese dome...Read More

Fastmarkets proposes to change the publication day of its four China minor metals price assessments from Wednesday to Friday, 2-3pm London time. This proposed change will apply to the following price assessments:Antimony MMTA standard grade II, ddp China, yuan/tonne Gallium 99.99% Ga min, in-whs China, yuan/kg Germanium 99.999% Ge min, in-whs China, yuan/kg Indium 99.99%, exw China, yuan/kg T...Read More

A summary of China's minor metals exports for October 2020. In brief Chinese gallium suppliers preferred to sell cargoes in the domestic market where prices were more favorable compared with those abroad, resulting in an evident reduction in exports in October.Foreign buyers purchased greater amounts of...Read More

Key data from Fastmarkets' pricing session in China on Wednesday November 25. Key driversPrices halted their recent decline after many sellers held back from offering in the market upon noticing that futures prices on the Wuxi Stainless Steel Exchange were rising.The December indium contract on the Wuxi Stainless Steel Exchange closed at 1,160 yuan ($176) per kg on November 25, up...Read More

Domestic and export prices for Chinese stainless cold-rolled coil increased slightly in the week ended Wednesday November 25 on improved demand.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 13,200-14,300 yuan ($2,008-2,175) per tonne, narrowed upward by 100 yuan per tonne from a week earlier. Sellers kept prices steady from late last week until early this week after they...Read More

Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsMicromine's global summit unpacks the future in mining softwareSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningBack-to-back presentations in late October by the two companies' chief executives portrayed notice...Read More

Shipping lines are opting to bring empty containers from the United States to Asia instead of carrying ferrous scrap due to strong US demand for Asia-origin consumer products, market sources told Fastmarkets this week."This is due to the potential of ferrous scrap causing damage to containers and shippers running out of space to bring in consumer products. They can make more money on the Asia-US r...Read More

China will no longer accept scrap metal shipments from abroad from January 1, 2021, the government said on Wednesday November 25.Scrap buyers in China were informed via a joint statement from the environmental and commerce ministries, the General Administration of Customs and the National Development and Reform Commission that their import quotas for foreign waste, including waste paper and scrap....Read More

Amid renewed investor interest in the resource space, industry players are starting to focus on new mine development. With this, already scarce exploration projects are becoming even more attractive. Below, we present eight companies with assets poised for growth.Argonaut GoldArgonaut Gold (TSX: AR) holds mines in Nevada and Mexico and exploration projects in Ontario and Mexico.In mid-October, the...Read More

In an interview in September with Ernst & Young, Barrick Gold's (TSX: ABX; NYSE: GOLD) CEO Mark Bristow noted that all 37 partners at the company are required to be heavily invested as shareholders, which means they must own stock on a sliding scale up to five times their gross salary before they can realize any stock incentives. The Northern Miner picked up on that discussion recently in an exclu...Read More

Azarga Uranium (TSXV: AZZ; US-OTC: AZZUF) is closer to mining at its Dewey Burdock in-situ recovery uranium project in South Dakota, after the U.S. Environmental Protection Agency (EPA) granted the company the second of three key permits needed. The company has already secured approval from the U.S. Nuclear Regulatory Commission.The EPA's approval comes "at a time when the uranium market remains i...Read More

O3 Mining (TSXV: OIII) has reported new drill results from the Gold Hawk zone at its Marban gold project, part of the company's wholly-owned Malartic property located near Val d'Or, Quebec.The current 45,000 metre drill program is focused on expanding mineralization outside of proposed pit areas previously outlined in a preliminary economic assessment released in early September.The new assay resu...Read More

In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More