Prices for seaborne iron ore pellets and concentrate rose again in the week to Friday May 14 despite volatility in the futures market.Fastmarkets iron ore indicesIron ore pellet premium over 65% Fe fines, cfr China: $61.50 per tonne, unchanged 65% Fe blast furnace pellet, cfr Qingdao: $314.50 per tonne, up $30.38 per tonne66% Fe concentrate, cfr Qingdao: $254.43 per tonne, up $27.06 per tonneKey d...Read More

The latest analysis from recent activity on the CME Group's cobalt metal futures contract, cash-settled against Fastmarkets' price assessment for cobalt, standard grade, in-whs Rotterdam.Key tradesMay 7, 2021, 180 tonnes (15 tonnes each month for January to December 2022, all at $20.70 per lb)May 6, 2021, 60 tonnes (5 tonnes each month for January to December 2022, all at $20.60 per lb)April 30, 2...Read More

Prices of base metals on the London Metal Exchange were up during morning trading on Monday May 17, with lead gaining the most in percentage terms, after a week which saw all prices reach new highs, before ending lower on Friday.Three-month lead was trading at $2,179.50 per tonne at 9am on Monday, up 1.1% from Friday's closing price of $2,155 per tonne. The contract ended last week 2.6% lower on F...Read More

China's hot-rolled coil prices fell further on Monday May 17 amid thin trading resulting from concerns over how a fresh wave of Covid-19 infections sweeping across the world would affect the manufacturing sector.DomesticEastern China (Shanghai): 6,000-6,050 yuan ($932-940) per tonne, down 160-400 yuan per tonneSeveral countries, including India, Japan and Brazil, have reported sharp increases in t...Read More

Healthy demand from the consumer electronics sector and shipping delays kept the tantalum concentrate price at its highest level on Fastmarkets records on Friday May 14. Fastmarkets assessed the price of tantalite, basis 25% min Ta2O5, cif China at $75-78 per lb on Friday, level week on week at its highest since Fastmarkets started assessments in May 2020 - when it stood at $65-66 per lb. The...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.Fastmarkets assessed Cobalt alloy grade, in-whs...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 applies.Fastmarkets assessed Cobalt standard grade,...Read More

GEM chairman Kaihua Xu has worked on building a path for recycling in China since the mid-1990s - he recalls the key steps and discusses the growth and outlook for one of China's leading recycling businesses.Founded in December 2001, GEM Co., Ltd has become one of the leading battery recyclers and battery materials producers in China. The company contributes to 10% of recycling of electronics wast...Read More

Key data from Fastmarkets' pricing session in China on Friday May 14.Key drivers Sentiment in Chinese silicon market turns bullish amid rising prices for upstream raw materials and downstream ADC 12 aluminium...Read More

Prices for imported rebar in Singapore surged during the week to Monday May 17 due to bullish sentiment caused by the soaring prices in China, market sources said.Offers increased to $800 per tonne cfr Singapore on a theoretical weight basis for back-to-back cargoes from Turkey, and $790 per tonne cfr Singapore for position cargoes from India, notably from a major blast furnace-based Indian steel...Read More

Soaring prices this month for copper and iron ore are leading some people to think that we are on the verge of a new supercycle. But as our new reporter Henry Lazenby reports in this week's issue of the newspaper, conversations with analysts suggest we aren't there yet and prices are likely to taper."We expect the impact of recovery optimism on metals prices to wane into 2022, as economies normali...Read More

In recent years, the Canadian federal government's changes to environmental assessment legislation have impacted mineral exploration investment in Canada "pretty significantly," Osisko Development Corp. (TSXV: ODV) CEO and co-founder Sean Roosen tells The Northern Miner.The new federal Impact Assessment Act came into force in August 2019 and has helped push the development timelines of projects ou...Read More

Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon.The funds will be put towards economic studies and permitting."We've always said advancing this project with a big copper or gold company made sense and now we've got that with Rio Tinto," Paul West-Sells, Western Copper and...Read More

The Dow Jones Industrial Average slipped 1.14% to finish the week at 34,382.13 and the S&P 500 fell 1.39% to 4,173.85. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per ounce. Nexa Resources rose US68 ? to US$11.05 per share. The company, which is one of the five largest zinc mining companies in the world and part of Brazilian conglomerate Votorantim S.A., announced that it...Read More

The S&P/TSX Composite Index fell 0.54% to 19,366.69 during the May 10-14 trading week. The S&P/TSX Global Mining Index slipped 2.25% to 113.84, and the S&P/TSX Global Base Metals Index dropped 4.95% to 178.76. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per oz., and the S&P/TSX Global Gold Index rose 1.76% to 322.07.Turquoise Hill Resources dropped $5.66 to $19.99 per share...Read More

Centerra Gold (TSX: CG) has initiated binding arbitration against the government of the Kyrgyz Republic in a legal skirmish over the company's Kumtor mine.In early May, lawmakers in Kyrgyzstan passed a bill allowing the state to seize Kumtor for up to three months. The decision was made based on the argument that the mine - the largest gold operation in the Central Asian nation - may pose danger t...Read More

Stellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDCopper supply struggling to match forecast demandSPONSOREDSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsThere is, however, an important reason for knowing whether commodity markets are at record levels because that can be a pointe...Read More

FPX Nickel CEO Martin Turenne speaks with The Rational Speculator's Michael Collins about the company's projects, thoughts on what's holding back the share p...Read full newsRead More

Miner 'could lose entire investment' in KumtorRead full newsRead More

Copper also softensRead full newsRead More