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
Three-month zinc and nickel both fell by more than 2% on Friday January 8, with the LME base metals ending the week with pullbacks from the highs reached in the first days of 2021 after a US Dollar Index rebound.Zinc's three-month price was down 2.6% at the 5pm close on Friday at $2,813.50 per tonne, compared with Thursday's closing price of $2,888 per tonne. Nevertheless, the...Read More
An overview of the new energy raw materials markets and their latest price moves in the past week.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 8. China Seaborne prices for both low- and high-grade ore soared after miners successfully raised their February offer prices following recent increases in the portside ore market. Bullishness in the alloy sector and yuan appreciation spurred buyers' purchasing appetite. Portside...Read More
Alumina exports from Brazil continued to grow in December, contributing to higher volumes in full-year 2020, while Alunorte, the world's largest refinery, recovered its capacity usage throughout the year, data from the country's economy ministry showed on Thursday January 7.Brazilian alumina exports totaled 864,533 tonnes in December, up by 58.6% from 545,095 tonnes in the corresponding period of...Read More
The LSE-listed player will issue over 14.Read More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce that it has received final approval for listing on the TSX Venture Exchange ("TSXV"). The common shares of the Company will commence trading on the TSXV effective January 11, 2021, under the symbol "SSVR".Galen McNamara, Chief Executive Officer of Summa Silver s...Read More
Adam HamiltonArchivesJan 08, 2021 The gold miners' stocks entered this young new year with a bang, as their leading index surged to a major breakout above multiple key resistance lines. That really strengthens the technical case that gold stocks' next bull-market upleg is underway. This sector has been carving a textbook-perfect series of higher lows and higher highs since late November now, formi...Read More
Institute for Energy Economics and Financial Analysis analyst Tim Buckley said there were no coal ships destined for China being loaded in Australia now but this on its own was not going to be a majorRead More
Spot trading of copper concentrates was quiet in the last week of December 2020, with fewer purchases by both smelters and traders.Fastmarkets' copper concentrate treatment and refining charges (TC/RCs) dropped slightly, with offers for copper concentrates to smelters remaining in the mid to high $40s per tonne, while smelters bid $50 per tonne for clean qualities. A combo deal of Bisha and clean...Read More
An overview of the new energy raw materials markets and their latest price moves in the past week.Read More
An overview of the aerospace materials markets and their latest price moves.Ewa Manthey in London, Ruby...Read More
Turkish steel mills continued to refresh their scrap stocks in the week to Friday January 8, with fresh deep-sea cargoes booked at higher prices, while concerns increased over tight supply in Asia, with China entering the market.Turkish mills book more cargoes for February-March at escalating pricesUS East Coast exporters enjoy demand from Turkish producers; West Coast lacks fresh dealsVietnamese...Read More
The British light iron market this week hit a high last seen in April 2013 due to strong export demand in Turkey for European exports, prompting a surge in UK demand for tightening domestic supplies, trade sources told Fastmarkets. Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was ?130-145 ($177-197) per tonne on Friday Janua...Read More
The prices of steel scrap imported into India and Pakistan moved up in the week to Friday January 8 despite a dull and uncertain market, sources have told Fastmarkets.IndiaFastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $479.33 per tonne on Friday, up from $458.02 per tonne on December 31.Offers this week were in the range of $480-485 per tonne, up from...Read More
Base metals prices were pausing and precious metals were mainly on a back footing this morning, Friday January 8, with sentiment generally bullish on the prospects for greater fiscal spending out of the United States when Joe Biden becomes the president in a few weeks' time. Asian-Pacific equities generally upbeat, along with pre-market western equity index futures US 10-year treasury yields conti...Read More
An overview of the new energy raw materials markets and their latest price moves in the past week.Read More
Share this article OTTAWA - The Impact Assessment Agency of Canada decided an impact assessment is required for the proposed Wasamac Gold Mine Project, located approximately 15 kilometers from downtown Rouyn-Noranda, Quebec.As part of the planning phase of the impact assessment, the Agency invites the public and Indigenous peoples to review and provide feedback on the draft Tailored Impact State...Read More
Share this article VANCOUVER - Today GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) provided a corporate update and outlined exploration plans for 2021.GoldHaven says it has achieved significant milestones in 2020. Starting with its IPO in March, followed by the acquisition of the Rio Loa and Coya Project concessions, as well as five additional concessions comprising the Apolo Pro...Read More
China's domestic battery-grade lithium carbonate market hit a 14-month high in the first trading week of the year after the price rose by 8% week on week on Thursday January 7 on soaring offer prices and heightened buying appetite.China's battery-grade lithium carbonate price hit a 14-month high due to continued tight supply and producers hiking up prices further. Chinese industrial-grade lithium...Read More
Freight Investor Services (FIS) completed the first brokered trade of the CME Group's cash-settled cobalt futures contract on Thursday January 7, the company told Fastmarkets. Five lots were traded for each month of the February-April 2021 period at $16.75 per lb, according to the United Kingdom-headquartered brokerage.The CME Group's cash-settled cobalt futures contract, which is tied to Fastmark...Read More