Rex ready to rollSPONSOREDrex mineralsSolGold has built an exploration portfolio of more than 3,200sq.Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesLynn Lake the next major nickel sulphide discovery?SPONSOREDcorazon miningDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningThe company will acquire a $10 million debt Xiana has with Bluequest...Read More
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Tuesday March 9, with prices generally consolidating after recent weakness, while there are cross currents in the form of bond yields, stimulus and inflation expectations affecting sentiment.* Brent crude oil prices dip back below $70 per barrel after Mondays move above $71 per bar...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 35 points in pre-opening comments. MasterCard added $4.16 to $375.49 after Mizuho increased its target price from $400 to $430.Cigna advanced $1.00 to $235.86 after Mizuho raised its target price from $229 to $264.Oracle increased $0.49 to $72.65 after KeyBanc Capital increased its target price from $70 to $2.Dicks Spo...Read More
Turkish steel producers continued to book deep-sea scrap cargoes for April shipment, with prices making a downward correction amid increased supplies, sources told Fastmarkets on Tuesday March 9.A steel mill in the Izmir region booked a US cargo, comprising 18,000 tonnes of shredded and 12,000 tonnes of bonus at an average price of $467 per tonne on Saturday March 6.The same mill, then, booked ano...Read More
An overview of China's coking coal imports for the full year of 2020.China imported 72.6 million tonnes of coking coal in the year 2020, down by 2.5% from 74.5 million tonnes in 2019.The country's total coking coal imports in 2020 were valued at nearly 59.1 billion yuan ($9.1 billion), down by 16.4% from a total worth of near 70.7 billion yuan in 2019.China imported 23.8 million tonnes...Read More
The weaker Chinese yuan and Japanese yen have dampened scrap spot trading prices this week, market sources told Fastmarkets on Tuesday March 9.The news of new restrictions in the key steel making region of Tangshan also made sentiment turn bearish, sources said."Offers are lower because of the weaker currencies in east Asia so buyers are bidding lower already," a trader in east Asia said.The Japan...Read More
Iron ore prices largely retreated on Tuesday March 9 due to there being the most strict emissions restrictions in Tangshan since 2017, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $164.41 per tonne,down $9.93 per tonne62% Fe low-alumina fines, cfr Qingdao: $164.67 per tonne,down $9.96 per tonne58% Fe fines high-grade premium, cfr Qingdao: $153.04 per tonne,down...Read More
China's hot-rolled coil prices plunged in the afternoon of Tuesday March 9 following a slump in the iron market amid the country's enhanced efforts to rein in production in Tangshan city.DomesticEastern China (Shanghai): 4,850-4,960 yuan ($744-761) per tonne, down 20-100 yuan per tonneWhile sellers in the spot market secured some orders at 4,940-4,960 yuan per tonne in the morning, they had to cut...Read More
Canada's coking coal exports to China increased by a fifth in 2020 amid a "verbal ban" imposed by Chinese authorities on cargoes from Australia late last year.Shipments from Canada amounted to 3.96 million tonnes, up by 21% from a year earlier, according to data released on March 1 by the Port of Vancouver.China imported a total of 72.63 million tonnes of coking coal in 2020, down by 3% from 74.49...Read More
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Tuesday March 9, with prices generally consolidating after recent weakness, while there are cross currents in the form of bond yields, stimulus and inflation expectations affecting sentiment. Brent crude oil prices dip back below $70 per barrel after Monday's move above $71 per barrelInf...Read More
More than a year after the Covid-19 pandemic began, investors' appetite in the battery raw materials sector has increased, moving away from precious metals such as gold, but it has yet to be seen if that interest will result in more supply, participants in a Fastmarkets webinar heard on Thursday March 4."What is an interesting dynamic is that, when Covid-19 came in, everyone looked to gold when cu...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...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, in-whs Rotterdam, $/lb at 25.30-25.80 on...Read More
Chinese battery materials producer Xiamen Tungsten will temporarily suspend its lithium cobalt oxide (LCO) operations in late April, a source from the company told Fastmarkets on March 9.The suspension at Xiamen Tungsten's LCO battery material operation in Sanming City, Fujian province, will last over 10 days starting from late April...Read More
A diverse set of requirements from drivers of electric vehicles (EVs) will make for a "mixed bag" of battery chemistries employed by automakers, attendees at a Fastmarkets webinar heard on Thursday March 4. In a poll carried out during the webinar, "Europe's position in the battery supply chain," 27.72% of respondents said easy access to charging points was the foremost requirement for EV users in...Read More
February 1, 2021 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce further high-grade drill results from its fall/winter exploration program at its wholly owned Langis Project located in the Cobalt Camp of Ontario, Canada. The fall/winter program consists of 20,000m of drilling, of which 11,533.65m has been completed. Assay results for 4,881.05m has been...Read More
January 27, 2021 - Brixton Metals Corp. (TSX: BBB, OTCQB: BBBXF) is pleased to provide highlights of the results of its 2020 exploration activities and outlines its 2021 exploration plans to advance the district-scale Thorn Project in the Golden Triangle of BC, and its other wholly owned projects.2020 Highlights:Discovered porphyry Cu-Au-Ag-Mo mineralization at the Camp Creek Target, Thorn Project...Read More
The 89th annual Prospectors and Developers Association of Canada convention kicked off yesterday a little differently - in an online format thanks to the ongoing coronavirus pandemic.The highlight of Day 1 was a conversation on "profits with purpose" between Barrick Gold (TSX: ABX; NYSE: GOLD) president and CEO Mark Bristow and Evy Hambro, a managing director and global head of thematic and sector...Read More
January 18, 2021 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to provide the last batch of 2020 drilling results at its wholly owned Thorn Project, located in the Golden Triangle of Northwestern British Columbia.Highlights:Hole THN20-181 intercepted porphyry style mineralization returning 439.42m of 0.34% CuEq including, 278.42m of 0.43% CuEq, incl...Read More