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 applies.Fastmarkets...Read More
Spot cobalt hydroxide payables edged higher during the first half of the week after buyers resumed their restocking drive following the week-long China National Day holiday (October 1-8), sources said.Fastmarkets' cobalt hydroxide indicator, min 30% Co, cif China widened to 77.5-80% against the price for cobalt, standard grade, (low-end) on October 14, up from 77.5-78.5% on October 9. Payables had...Read More
Key data from Fastmarkets' pricing session in Shanghai on Wednesday October 14.Key driversDomestic producers in China raised their offers further after noticing many consumers re-entering the market to stock up on antimony for their production needs. Consumers in general buy antimony on a hand-to-mouth basis in recent years. As such, they needed to step up their purchases after the October 1-8 hol...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootIronically, given bans on face-to-face meetings between investors and company executives, corporate access to capital has...Read More
China's export prices for stainless steel pushed up in the week to Wednesday October 14 due to the the stronger yuan, rising demand from buyers and higher domestic prices. DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 14,500-15,200 yuan ($2,159-2,263) per tonne, up by 100 yuan per tonne a week earlier.Buyers have raised procurement rates over the past week to re...Read More
Months after shareholders of TMAC Resources (TSX: TMR) approved a takeover of the company by China's Shandong Gold Mining, the federal government has ordered a national security review of the transaction.The US$149-million, $1.75-per-share deal was announced in May, with more than 97% of shareholders voting in favour in June. The plan was also approved by the Ontario Superior Court of Justice in J...Read More
The board of directors of Argonaut Gold (TSX: AR) has approved construction of the company's wholly owned Magino gold project in Ontario, 40 km northeast of Wawa.With a two-year construction period anticipated for Magino starting in January 2021, Argonaut expects to pour first gold at the operation in 2023. Before the mine build can begin, the company needs to first file a closure plan and post an...Read More
The Covid-19 pandemic has choked off revenue for diamond producers and funding for diamond juniors for much of the year. But with the diamond trade slowly starting to reopen and buyers and sellers adjusting to life under the pandemic, some companies outside of the big two - De Beers and Alrosa - have proven to be resilient. Here's a look at seven small diamond producers and explorers that are sold...Read More
The U.S. dollar, as measured by an index tracking it versus six major currencies including the Euro, Yen and Canadian dollar, is down almost 10% from the highs in March to mid-October. The weakness is at least in part a response to record economic stimulus by the U.S. in the form of cash payments and also suppressed interest rates - the former reflected in the Federal Reserve's balance sheet, whic...Read More
Endeavour Mining (TSX: EDV), West Africa's top gold producer, has resumed operations at its Boungou mine in Burkina Faso, a year after previous owner Semafo decided to shut it down following an attack that killed 39 civilians.The Toronto-listed miner said the reopening of the mine follows infrastructure improvements and a new security plan developed in "close partnership" with Burkina Faso's gover...Read More
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has released assay results for hole OB-20-156, drilled within its wholly owned, past-producing O'Brien project in Quebec, which hit high-grade gold, 250 metres below the resource shell.The drill hole returned 21 metres of 6.89 grams gold per tonne, which includes higher-grade intercepts such as 2 metres of 4.81 grams gold, and 12 metres of 11.32...Read More
The world's mines will produce 3,368 tonnes of gold this year, down 4.6% from 2019 and the lowest in 5 years, but high bullion prices will help to push up output by 8.8% to a record 3,664 tonnes in 2021, consultancy Metals Focus said on Wednesday.Read full newsRead More
The U.S. State Department has submitted a proposal for the Trump administration to add China's Ant Group to a trade blacklist, according to two people familiar with the matter, before the financial technology firm is slated to go public.Read full newsRead More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, October 15, 2020 - FPX Nickel Corp. (FPX-TSX.V) ("FPX Nickel" or the "Company") is pleased to announce that as a result of positive investor response to its previously announced private placement offering (the "Offering") of common shares ("Common Shares") [...]Read full newsRead More
Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More
Some experts believe we may have hitRead full newsRead More
A #PreMarket live, interactive show every morning with two veteran traders and featured finance industry guests discussing market movers, key technical levels and trading ideas. Come join us and talk about the premarket.Read full newsRead More
The Streaming Media Readers' Choice Awards has grown along with the industry. Back when we first gave the awards in 2007, we had 16 categories, in which 120 nominations were submitted. In 2020, we've got 25 categories and received more than 300 nominations!Read full newsRead More
Reported that it has secured a new client service agreement with a global leader in the e-marketing ...Read full newsRead More
Market Nuggets compiles all of the day's top expert analysis on the gold market. They offer a short synopsis of bank forecasts, and the outlook of famed economists like Dennis Gartman and Nouriel Roubini. Kitco Nuggets are constantly updated throughout the day.Read full newsRead More