The United Kingdom's new green energy plan could stimulate demand for a range of industrial minerals and minor metals.UK Prime Minister Boris Johnson on November 18 laid out a 10-point plan to invest in renewable resources. As part of the plan, the government will invest ?12 billion ($15.88 billion), and it suggested this spending could spur at least three times...Read More

Strategic & Precious Metals Processing (SPMP) has named Joel Montgomery as its new chief executive with effect from November 1, Fastmarkets learned.Montgomery was chief operating officer and executive committee member at SPMP since September 2018 and has been acting CEO since February 2020.Montgomery spent 12 years with Vale copper nickel operations in Canada where he held various senior oper...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...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

Fastmarkets has partnered with CME Group to launch a cash-settled cobalt contract to be settled against Fastmarkets' daily benchmark cobalt price assessment. The new contract will use an average of the midpoint Fastmarkets' standard grade, in-whs Rotterdam price assessment and will trade under the Bloomberg ticker MB071071 from December 14.The cobalt supply chain has been joined by automotive make...Read More

Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningIn recent weeks, Australian investors could access a torrent of online mining compan...Read More

Joe Biden's victory in the United States presidential election helped propel the US silicon price to its highest level in 15 months, some market participants said, but others were skeptical. Fastmarkets assessed the price for silicon, ddp US, at $1-1.03 per lb on Thursday November 12, narrowing upward by 2 cents from $0.98-1.03 per lb on November 5 - two days before Biden was declared the presiden...Read More

Marathon Gold's (TSX: MOZ) latest drill results from the 6-km Berry corridor within its Valentine gold project in central Newfoundland continue to return gold intervals from an area between existing deposits.The developer has released assay results for 15 holes, completed as part of an 8,000-metre infill campaign at Berry. Highlights include 42 metres of 3.7 grams gold per tonne from 37 metres; 24...Read More

China's domestic stainless steel prices decreased sharply over the week ended Wednesday November 18, sending them to their lowest in nearly four months amid pressure on mills to sell.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 13,100-14,300 yuan ($1,998-2,181) per tonne, down by 600-1,100 yuan per tonne from a week earlier. On average, prices are at their lowest since l...Read More

South America-focused miner Sierra Metals (TSX: SMT; NYSE-AM: SMTS) has released a preliminary economic assessment (PEA) on an expansion of its Yauricocha polymetallic mine in Peru's Yauyos province. The early-stage study suggests a throughput increase to 5,500 tonnes per day, up from 3,150 tonnes per day currently. The site is already scheduled to see an intermediate scale-up to 3,600 tonnes per...Read More

I speak mining, and have done so for over 45 years. For most of that time, I have defended the industry from those ignorant or ill-informed of our activities. I have stressed that the occasional mine accident or dam failure was the exception that proved the general rule. We are, I said, diligent, committed to safety and better than the media paints us (and this is coming from someone who became a...Read More

Glencore (LSE: GLEN) has been given the green light to expand its McArthur River zinc mine in Australia's Northern Territory against the advice of the state's own sacred sites authority, which says it has not cleared the plan yet.The state government's approval would allow Glencore to double the size of the mine, extending McArthur River's productive life until 2048. It also secures the jobs of ab...Read More

The world's top lithium producer Albemarle (NYSE: ALB) has joined forces with 27 companies, including electric vehicle maker Tesla and rideshare company Uber, to form a group that will push for 100% electric vehicle (EV) sales in the U.S. by 2030.The Zero Emission Transportation Association (ZETA), launched this week, is the first industry coalition of its kind advocating for national policies to...Read More

Despite strong quarter-on-quarter recovery in supply, the global platinum market is set to experience a second consecutive year of deficit at just over 1.2 million oz. in 2020, according to the World Platinum Investment Council's (WPIC) latest quarterly report.A stellar rebound in automotive demand and sustained strong investment demand for precious metals lifted platinum demand well above supply...Read More

US copper scrap exporters are waiting to see how China's new regulations affect the flow of scrap metal to the Asian country, which could have a significant impact on domestic copper scrap prices."China is the big unknown," a non-ferrous scrap seller said. "If China starts buying again, we will see a big impact on domestic prices, but we will not see the impact before December."China launched a ne...Read More

The closure of Thyssenkrupps's heavy plate unit is very likely considering the company has received zero interest during the bidding process for its sale, the company said on November 19. German industrial group Thyssenkrupp is going through a restructuring and in May this year, it said it was examining whether to sell or close its heavy steel plate production sites.In its annual report for the fi...Read More

Long-term ferro-vanadium contracts for 2021 are being signed at an average of 5-7% discounts while negotiations continue in November, market sources told Fastmarkets.Long-term contracts for ferro-vanadium in Europe are usually settled against Fastmarkets' European benchmark price assessment with the parties agreeing a discount to the published price to take prevailing market fundamentals into acco...Read More

This year's dawning winter rally has great upside potential after the gold and gold stock corrections run their courses.Read full newsRead More

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

A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.Read full newsRead More