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Trade Log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

November 28, 2020 / www.metalbulletin.com

The cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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 sulfate 20.5%...Read More

Wanbao Mining's Kamoya project starts cobalt hydroxide production

November 28, 2020 / www.metalbulletin.com

Wanbao Mining's Kamoya copper and cobalt project in the Democratic Republic of Congo (DRC) has started testing operations for its second-phase expansion and produced its first batch of cobalt hydroxide on November 15, the company said on Monday November 23. A company source told Fastmarkets between now and the end of this year, the company will adjust and optimize the specifications and quality of...Read More

EUROPE ALLOY SURCHARGES: December values rise on nickel, molybdenum costs

November 28, 2020 / www.metalbulletin.com

Monthly alloy steel surcharges in Europe have increased for December because of higher nickel and molybdenum costs, market sources said on Friday November 27.Fastmarkets' stainless steel cold-rolled sheet 2mm grade 304 alloy surcharge domestic, Europe was calculated for December at ?,?1,507-1,516 ($1,796-1,806) per tonne, up by ?,?60-61 per tonne from the November level of ?,?1,446-1,456 per tonne...Read More

GLOBAL FERRO-SILICON SNAPSHOT: Europe, China markets up on firm fundamentals

November 28, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 27EuropeThe European ferro-silicon spot price climbed almost 2% over the week, marking an over 10% jump in November while low levels of availability in Europe have met with renewed demand from steelmakers and traders.One producer reported offering around 100 tonnes of standard grade at ?,?1...Read More

An old man's game

November 27, 2020 / www.mining-journal.com

Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsDigbee talks the rebirth of independent investment researchSPONSOREDdigbee'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningWhile one would not expect the list to be thronging with millennials, the fact a mere two of the individuals...Read More

Biden, Yellen and Sino-American relations

November 27, 2020 / www.northernminer.com

Earlier this week U.S. President-elect Joseph R. Biden Jr. named his first round of cabinet nominations, choosing Janet Yellen as his Treasury secretary. If confirmed, Yellen will be the first woman to head the treasury department in its 231-year history.Yellen is well qualified for the job with roughly thirty years of policy making under her belt. She was chairwoman of the U.S. Federal Reserve fr...Read More

HighGold plans to 'make hay while the sun shines' at Johnson Tract in Alaska

November 27, 2020 / www.northernminer.com

HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has released the latest results from its 2020 drill program at its flagship Johnson Tract (JT) poly-metallic project in Alaska, about 200 km southwest of Anchorage.Assays for four drill holes, including additional step-outs from the main JT deposit, were reported. Highlights included drill hole JT20-106, which intersected 22.8 metres grading 3.2 grams g...Read More

Application for Federal environmental permits denied to Northern Dynasty's Pebble

November 27, 2020 / www.northernminer.com

Northern Dynasty (TSX: NDM; NYSE: NAK) announced this week that its 100%-owned, U.S.-based subsidiary Pebble Limited Partnership, received formal notification from the U.S. Army Corps of Engineers (USACE) that its application for permits under the Clean Water Act and other federal statutes have been denied.The lead federal regulator found Pebble's "compensatory mitigation plan" submitted earlier t...Read More

BHP to ramp up Spence copper mine expansion

November 27, 2020 / www.northernminer.com

BHP (NYSE: BHP; LSE: BHP) plans to ramp up work at the ongoing US$2.5 billion expansion of its Spence copper mine in Chile, as measures taken to stop the spread of Covid-19 this year set back completion of the project.The world's biggest miner said it will speed up construction at Spence in December, with first production expected in the first half of 2021.Mia Gous, Spence's mine general manager...Read More

European coalition to secure access to 30 critical raw materials

November 27, 2020 / www.northernminer.com

The European Union has launched an initiative that seeks to secure access to a total of 30 critical raw materials by increasing domestic production and promoting recycling of vital elements, particularly rare earths.The European Raw Materials Alliance (ERMA), a partnership of over 300 companies, business associations and governments, will initially focus on breaking Europe's dependence on inputs...Read More

No-deal Brexit would cripple domestic UK aluminium scrap market, participants say

November 28, 2020 / www.metalbulletin.com

With just 35 days remaining until the United Kingdom withdraws from the European Union, the country's potential departure from the EU single market could see its domestic aluminium scrap market face business-critical trade barriers that, according to market participants, would send the UK's scrap industry hurtling backwards.The EU's import duties range from 3% to 6% for aluminium products from non...Read More

TAIWAN STEEL SCRAP: Supply tightness driving up prices

November 28, 2020 / www.metalbulletin.com

The supply tightness for imported containerized ferrous scrap has led prices to continue up in the week to Friday November 27, even though buyers are increasingly balking at the high offers, market sources told Fastmarkets.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $317-320 per tonne on Friday November...Read More

VIETNAM STEEL SCRAP: Strong demand by billet producers stokes price increases

November 28, 2020 / www.metalbulletin.com

Vietnamese scrap buyers have continued sourcing import cargoes amid supply tightness and stable demand in the week to Friday November 27, market sources told Fastmarkets. Japanese H2 cargoes were offered at $350-355 per tonne cfr Vietnam in the earlier part of the week, with a transaction heard concluded at $345 per tonne cfr Vietnam for 8,000 tonnes to south Vietnam. Bids later increased to as hi...Read More

GLOBAL LITHIUM WRAP: Chinese battery grade carbonate price resumes uptrend

November 28, 2020 / www.metalbulletin.com

The Chinese domestic battery-grade lithium carbonate price moved up by 2.4% on Thursday November 26, resuming the uptrend that began in mid-October as a result of resolutely high offers from producers and tight spot supply.Bullish sentiment and high offer prices push China's battery-grade lithium carbonate assessment up again. China's industrial-grade lithium carbonate prices also moved up on tigh...Read More

The future for gold - is it brighter than ever?

November 27, 2020 / dlvr.it

There's an interesting truth about the price of gold.Read full newsRead More

You Can Strike Gold Right Here in Colorado

November 27, 2020 / dlvr.it

While you might not strike rich, you can enjoy the great outdoors and take part in a historic Colorado pastime by gold panning along the river.Read full newsRead More

The future for gold - is it brighter than ever?

November 27, 2020 / dlvr.it

There's an interesting truth about the price of gold.Read full newsRead More

RT @CNBC: Oxford, WHO scientists say more data needed on AstraZeneca's Covid vaccine trials

November 27, 2020 / cnb.cx

More data is needed from AstraZeneca's Covid vaccine trials beyond what was presented in a press release, experts from the WHO and Oxford University said.Read full newsRead More

.@Laurion_LME $LME Announces New Non-brokered Private Placement of Units

November 27, 2020 / bit.ly

Laurion Mineral Exploration Inc. today announced that due to stroRead full newsRead More

Warren Buffett: Prepare Now and Buy Gold!

November 28, 2020 / www.fool.ca

Of all the people to recommend buying gold, Warren Buffett has to be dead last. The investing mogul tends to stay far away from gold companies; even during a recession. That’s because the billionaire believes that we need to invest in the country, and gold is investing against it.As the United States dollar decreases, the price of gold increases. But gold doesn’t actually produce anyth...Read More

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