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Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

March 20, 2021 / www.metalbulletin.com

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,...Read More

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

March 20, 2021 / www.metalbulletin.com

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

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

March 20, 2021 / 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....Read More

EUROPE STAINLESS STEEL: Prices move higher despite recent nickel cost plunge

March 20, 2021 / www.metalbulletin.com

The cost of flat-rolled stainless steel in Europe rose during the week to Friday March 19 on supply constraints and firm demand, despite the substantial decrease in the price of nickel three weeks ago, sources told Fastmarkets.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe was ?,?2,800-2,850 ($3,343-3,403) pe...Read More

MOLYBDENUM SNAPSHOT: Price falls gather pace on slow consumer spot buying

March 20, 2021 / www.metalbulletin.com

Key data from the pricing session in London on Friday March 19. Key drivers:Prices for ferro-molybdenum and molybdic oxide continued to decline amid ample availability and slow consumer demand for the former; and trader selling for the latter, following...Read More

European ferro-chrome benchmark jumps 32% to $1.56/lb Cr for Q2 2021

March 20, 2021 / www.metalbulletin.com

The European charge and high-carbon ferro-chrome benchmark for the second quarter of 2021 has leapt up to $1.56 per lb Cr, a jump of 38.5 cents (32.77%) from the first quarter. The settlement is announced every quarter by Merafe Resources, which operates a chrome joint venture with trader-miner Glencore in South Africa. The benchmark is a forward-looking price for the coming quarter. It is settled...Read More

Nickel demand outlook nixes stock choice

March 19, 2021 / www.mining-journal.com

Kodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesPrompted by higher nickel prices, Poseidon is racing to restart historical mining sites in Western Australia under the leadership of P...Read More

Nexa invests in Tinka Resources

March 19, 2021 / www.northernminer.com

Nexa Resources (TSX: NEXA; NYSE: NEXA) - one of the largest zinc producers in the world - has acquired a 9% stake in Tinka Resources (TSXV: TK; US-OTC: TKRFF), which is developing Ayawilca, one of the largest zinc projects in Peru.Nexa owns Peru's only operating zinc smelter as well as three underground base metals mines in the country, and according to Wood Mackenzie was among the top five produc...Read More

Mining profits reach US$230 billion a year, only topped by oil & gas, pharma

March 19, 2021 / www.northernminer.com

Mining companies adopted a more conservative approach after the 2015-16 market downturn to adjust to more volatile commodity prices, focusing on cost cutting, productivity and expanding liquidity says a new report by Moody's Investor Service, a ratings agency. Moody's says earnings for the 130 rated issuers in the industry have improved since mid-decade downturn, with EBITDA for 12 months through...Read More

Auteco to take majority stake in Pickle Crow gold project

March 19, 2021 / www.northernminer.com

Encouraged by positive results from its exploration program at the Pickle Crow gold project in northern Ontario, Australian junior Auteco Minerals (ASX: AUT) is planning to take a 51% interest in the past-producer, 400 km north of Thunder Bay.Under a joint-venture deal signed with First Mining Gold (TSX: FF) in January 2020, Auteco has completed enough exploration spending to earn a majority stake...Read More

Exclusive iron-ore port could boost Vale expansion plan

March 19, 2021 / www.northernminer.com

Global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets.Despite the Covid-19 pandemic, China has imported a record amount of iron ore, pushing the metal price high. Tight supplies helped lift the most-active futures contract for 62% iron-ore fines delivered to China to US$174.94 per metric tonne on Mar...Read More

VIETNAM STEEL SCRAP: Lack of vessels create low spot liquidity

March 20, 2021 / www.metalbulletin.com

A lack of vessels at Japanese ports has resulted in low liquidity for imported ferrous scrap in the key market of Vietnam in the week to March 19, market sources told Fastmarkets.There was market chatter that Vietnamese mills had bought Japanese H2 cargoes at $425 per tonne cfr southern Vietnam on Thursday, although a trader said this was for Hong Kong-origin H1&H2(50:50) and that the equivalent p...Read More

TAIWAN STEEL SCRAP: Price plunge slows amid seller resistance

March 20, 2021 / www.metalbulletin.com

The recent price plunge for imported containerized ferrous scrap into Taiwan started to ease this week amid increasing seller resistance to slash offers further, sources told Fastmarkets during the week to Friday March 19.Fastmarkets' daily price assessment for containerized steel scrap, HMS 1&2 (80:20), United States material import, cfr main port Taiwan was $390-395 per tonne on Friday, down by...Read More

Cyprus copper miner debuts on LSE

March 19, 2021 / bit.ly

Ground includes 14 former copper mines in CyprusRead full newsRead More

ESG scores for the woke folk

March 19, 2021 / bit.ly

ESG performance usurping other key share price determinantsRead full newsRead More

Trans-Siberian goes the Highland way

March 19, 2021 / bit.ly

TSG the latest gold miner to be hoovered up by SviblovRead full newsRead More

Pure Gold Mining is on track to start commercial production at its Red Lake mine in 2Q

March 19, 2021 / dlvr.it

Since pouring first gold in December 2020, commissioning activities at the PureGold Mine have transitioned to full scale ramp-up of the mining and...Read full newsRead More

PureGold Mine Ramp-Up Progressing Steadily

March 19, 2021 / dlvr.it

VANCOUVER, British Columbia, March03, 2021(GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) ("PureGold" or the "Company"), is ple...Read full newsRead More

Golden Star Resources Files Wassa Gold Mine NI 43-101 Technical Report

March 19, 2021 / dlvr.it

/PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) (Read full newsRead More

#Gold was on the up this week reaching a monthly high of US$1,754 per ounce. #investing #mining

March 20, 2021 / bit.ly

The price of gold was on the up this week, reaching a monthly high of US$1,754. The growth ends three weeks of losses for the yellow metal.Read full newsRead More

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