An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More
Key data from Fastmarkets' Friday May 7 pricing sessions in Europe. Key drivers Market participants reported very limited inventories in Europe for prompt availability. Consumers in the aluminium sector, where magnesium is used an alloy, have been looking for material over the last weeks, but the majority of traders did not have material at hand to supply their usual consumers. Stocks i...Read More
Some cobalt hydroxide consumers in China have been warned by shipping companies of potential delays to shipments following an outbreak of Covid-19 infections on Italian container ship Ital Libera, market participants told Fastmarkets.The container ship, which was on a scheduled trip from Durban, South Africa, to Singapore, was forced to anchor at Jakarta, Indonesia, in mid-April after its captain...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 it...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade 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....Read More
The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 assessed Cobalt hydroxide p...Read More
May 6, 2021 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce further high-grade silver results from its exploration program at its wholly owned Langis Project located in the Cobalt Camp of Ontario, Canada. The fall/winter 2020-2021 program consisted of a total of 18,453.35m of NQ core over 163 holes. This news release includes the last 14...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More
The latest forecasts from Fastmarkets' team of analysts is ready to view.Stainless steel prices and margins for stainless steel producers have risen notably over the past few months in both Europe and the United States, but there are now signs that the rally is petering out.A clear reason for the halt to rising prices comes from the near 20% drop in nickel prices seen in late February/early March,...Read More
Australia's investment bank Macquarie Group said on Friday it will stop financing coal projects by 2024, adding to a long list of local financial institutions that have withdrawn their support for the polluting commodity.The Sydney-based bank's exposure to coal is small and shrinking. The coal sector accounted for just A$100 million (US$77.8 million) in the financial year that ended on March 31, a...Read More
Towards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDAuroch powers up nickel explorationSPONSOREDauroch mineralsSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsHot on the heels of a report by US investment bank Goldman Sachs which said copper was on a path to US...Read More
Despite the near-term costs of its business strategy and unplanned disruptions due to the Covid-19 pandemic, Cameco (TSX: CCO; NYSE: CCJ) ended the first quarter of 2021 with over a billion dollars in cash, and was successful in adding 9 million pounds U3O8 to its long-term contract portfolio.The world's largest publicly traded uranium miner reported a net loss of US$5 million for the three mont...Read More
Towards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDAuroch powers up nickel explorationSPONSOREDauroch mineralsSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsAs long ago as September 2008, TNG announced that it was ready to commence drilling at its Mount Peake...Read More
Towards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDAuroch powers up nickel explorationSPONSOREDauroch mineralsSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsThe threat to Deterra's independence is that high-quality royalties of the sort it controls are a red-...Read More
Lawmakers in Kyrgyzstan, home to major gold and copper mines, have passed a law allowing the state to temporarily seize Centerra Gold's (TSX: CG) Kumtor mine, the largest gold operation in the Central Asian nation.The bill, passed late on May 6, allows the government to run Kumtor for up to three months. It is based on the belief the operation may pose danger to locals and the environment.Canada'...Read More
A new report by Adamas Intelligence forecasts that the market for magnet rare earth oxides will increase fivefold by 2030 to US$15.65 billion from the current US$2.98 billion.Underpinning this growth is total magnet rare earth oxide demand, which is forecast to increase at a compound annual growth rate of 9.7%, and prices, which are projected to increase at CAGRs of 5.6% to 9.9% over the same peri...Read More
Although gold volumes were down slightly, Kirkland Lake Gold (TSX: KL; NYSXE: KL; ASX: KLA) reported strong first quarter results for 2021. Production of 302,847 oz. exceeded the top end of previously announced guidance for the quarter at 290,000 oz. Higher than expected output at both the Fosterville and Detour Lake mines contributed to the overage.The company sold 308,029 oz. at an average reali...Read More
Newly listed American Eagle Gold (TSXV: AE) continues to focus on exploring its flagship Golden Trend property in Nevada. The company's 925-hectare site was acquired in July of last year and is located in the state's rich Cortez Trend, adjacent to Barrick Gold and Newmont Mining's joint venture Nevada Gold Mines Goldrush deposit and Cortez mine, which collectively host over 27 million oz. of gold....Read More
Prices for imported ferrous scrap to China increased on Friday May 7 amid transactions heard concluded at $527-529 per tonne cfr northern China.Offers were heard at $530-535 per tonne cfr northern China for HRS101 ferrous scrap, which is equivalent to around $520-525 cfr eastern China. The offer prices were up by $5 compared with a day earlier.There were limited bids heard on Friday because China...Read More
Buyers of containerized ferrous scrap in the key Taiwanese market paid higher for imported cargoes over the week despite attempts to resist price increases.Fastmarkets' daily price assessment for containerized steel scrap, HMS 1&2 (80:20), United States material import, cfr main port Taiwan was $440-445 per tonne on Friday May 7, increasing by $5-10 per tonne from a day earlier and up by $17-20 pe...Read More