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Capstone sells Santo Domingo gold stream, buys out KORES

March 25, 2021 / www.mining-journal.com

Under the agreement Wheaton will purchase 100% of payable gold production until 285,000 ounces have been delivered and will thereafter receive 67% of payable gold for the life of the mine.Read More

South32 faces increased heat over met coal

March 25, 2021 / www.mining-journal.com

Noting the rise of ESG investors, Kerr told reporters met coal was brought up in most meetings held to discuss the company's December half-year results.Read More

Tribe Property Technologies begins trading on theTSX Venture Exchange

March 25, 2021 / kincommunications.com

Vancouver, BC - Tribe Property Technologies (TSXV:TRBE) ("Tribe" or the "Company") is pleased to announce it has commenced trading on the TSX Venture Exchange under the symbol "TRBE" effective today. Tribe simplifies residential community living through the delivery of tech-enabled community management products and services. It aims to capture an increasing share of the estimated $90 billion...Read More

IN CASE YOU MISSED IT: 5 key stories from March 25

March 26, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday March 25 that are worth another look.Global freight markets have been plunged into further chaos this week with the continuing blockage of the Suez Canal now accompanied by rumors of fresh freight rate hikes around the world, sources told...Read More

Ghana terminates Bibiani mining lease

March 24, 2021 / www.mining-journal.com

Resolute said it had received a letter advising of the termination from the Ghanaian Minerals Commission, on the instructions of Samuel Abdulai Jinapor, Ghana's minister of lands and naturalRead More

DAILY STEEL SCRAP: Prices down $24 per tonne on news of latest UK trade

March 26, 2021 / www.metalbulletin.com

Turkish scrap import prices have gone down, as expected, with news of a UK cargo being sold at the end of last week coming to light on Thursday March 25.A steel mill in the Marmara region booked the cargo at $410-413 per tonne cfr on an HMS 1&2 (80:20) basis. The cargo breakdown was not clear at the time of publication.This compared with previous Baltic Sea cargoes sold at $435-437 per tonne cfr o...Read More

Suez Canal remains blocked, stiff freight rate hikes expected

March 26, 2021 / www.metalbulletin.com

Global freight markets have been plunged into further chaos this week with the continuing blockage of the Suez Canal now accompanied by rumors of fresh freight rate hikes around the world, sources told Fastmarkets.Transit through the pivotal Suez Canal shipping lane has been blocked by the large containership Ever Given since late on Tuesday March 23, creating a traffic jam of more than 100 vessel...Read More

Building a big moat in the EV space

March 23, 2021 / www.kitco.com

Mar 25, 2021 It was a five-year process to get Nouveau Monde Graphite (CVE:NOU) permitted, said CEO Eric Desauliers. Desauliers spoke to Kitco on Wednesday.Last month Nouveau Monde Graphite received the go-ahead for its Quebec-based project after five years of studies and regulatory hoops. By mid-decade the company plans to produce 45,000 tonnes per annum of anode material and purified jumbo flake...Read More

Cobalt prices slide further amid profit-taking, slow demand

March 26, 2021 / www.metalbulletin.com

Cobalt buyers have continued to sit back from the spot market this week, triggering lower offers and further profit-taking after strong price gains over January and February. Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam was $23.25-24.15 per lb on Wednesday March 24, widening downward by $0.25 from $23.50-24.15 per lb a day earlier.Similarly, the price assessment for co...Read More

Renascor Resources Ltd (ASX: RNU): Extensive Portfolio of Battery Anode Material in South Australia, to Produce Purified Spherical Graphite (PSG) for Electric Vehicles ; Interview with David Christensen, Managing Director

March 25, 2021 / www.metalsnews.com

Renascor Resources Limited (ASX: RNU) has an extensive tenement portfolio in South Australia, including their flagship project, the Siviour Battery Anode Material Project, where Renascor is developing a vertically integrated operation, consisting of a mine and concentrator, plus a downstream operation to produce Purified Spherical Graphite (PSG) for sale to anode manufacturers. According to David...Read More

Capstone Mining Corp. (TSX:CS): Copper Producer, by 2024, Goal to be a Mid-Tier Miner with about 200,000 Tons of Low-Cost Yearly Copper Production; Jerrold Annett, SVP Strategy and Capital Markets Interviewed

March 25, 2021 / www.metalsnews.com

Capstone Mining Corp. (TSX:CS) is an innovative copper producer, with two producing copper mines: Pinto Valley in the US and Cozamin in Mexico. Capstone also owns 70% of Santo Domingo, a large scale, fully permitted, copper-iron-gold project in Region III, Chile, as well as a portfolio of exploration properties. We learned from Jerrold Annett, who is a professional Engineer and Senior Vice Preside...Read More

$300 Billion up for Grabs for the Psychedelics Market

March 25, 2021 / www.energyandcapital.com

Take a look at this pill.This pill, known as NZT-48, has been called the "limitless pill," as it allows the user to experience a limitless amount of potential after taking it.After taking this pill, you can pretty much do anything.You can learn a foreign language in 24 hours.You can study astrophysics and become an expert in the field within weeks.You can even gain the ability to time markets the...Read More

IN CASE YOU MISSED IT: 5 key stories from March 25

March 26, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday March 25 that are worth another look.Global freight markets have been plunged into further chaos this week with the continuing blockage of the Suez Canal now accompanied by rumors of fresh freight rate hikes around the world, sources told...Read More

EUROPE HRC: Shortages driving record-breaking price rises

March 26, 2021 / www.metalbulletin.com

Domestic prices for hot-rolled coils across Europe continued to rise on Thursday March 25, amid strong demand and persistently short supplies, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil index, domestic, exw Northern Europe, at ?,?821.67 ($971.97) per tonne on Thursday March 25, up by ?,?1.67 per tonne and surpassing March 24's 12-year high of ?,?820.00 per tonn...Read More

Brazilian construction group laments soaring steel prices, requests lower import duties

March 26, 2021 / www.metalbulletin.com

The Brazilian chamber of construction industry, CBIC, has requested the federal government to reduce steel import duties amid tight supply and soaring prices.It made this request at a meeting between main industry groups that form part of the steel value chain in Brazil and representatives of the country's economy ministry, which discussed the current supply situation, on Tuesday March 23.The even...Read More

EGYPT STEEL BILLET, REBAR: Rebar prices flat, buyers expect discounts

March 26, 2021 / www.metalbulletin.com

Steel rebar prices in Egypt remained unchanged during the week to Thursday, March 25, while buyers expect prices to decrease for orders to be placed for April production, sources told Fastmarkets.Local rebar prices in Egypt have been left unchanged since December 27.The reason behind such stable prices is the construction ban in effect in the country since May 2020. Even after the ban was eas...Read More

TURKEY LONG STEEL: Domestic prices up amid weakening lira

March 26, 2021 / www.metalbulletin.com

Turkey's domestic long steel prices increased over the past week because of the sharp downturn in the country's currency, market sources said on Thursday March 25.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey was 5,550-5,650 lira ($701-713) per tonne on Thursday, up from 5,300-5,480 lira per tonne the week before, including 18% VAT.The Turkish lira we...Read More

TURKEY LONG STEEL EXPORTS: Limited demand drags down rebar, wire rod prices

March 26, 2021 / www.metalbulletin.com

Turkish rebar and wire rod export prices fell in the week to Thursday March 25, due to limited demand and falling imported scrap costs, market sources told Fastmarkets.Steelmakers in the country have been struggling to find buyers for rebar and wire rod since last week and have reduced their offer prices to attract business.Turkish rebar was on offer at $620-625 per tonne fob on an actual-weight b...Read More

DAILY STEEL SCRAP: Prices down $24 per tonne on news of latest UK trade

March 26, 2021 / www.metalbulletin.com

Turkish scrap import prices have gone down, as expected, with news of a UK cargo being sold at the end of last week coming to light on Thursday March 25.A steel mill in the Marmara region booked the cargo at $410-413 per tonne cfr on an HMS 1&2 (80:20) basis. The cargo breakdown was not clear at the time of publication.This compared with previous Baltic Sea cargoes sold at $435-437 per tonne cfr o...Read More

Suez Canal remains blocked, stiff freight rate hikes expected

March 26, 2021 / www.metalbulletin.com

Global freight markets have been plunged into further chaos this week with the continuing blockage of the Suez Canal now accompanied by rumors of fresh freight rate hikes around the world, sources told Fastmarkets.Transit through the pivotal Suez Canal shipping lane has been blocked by the large containership Ever Given since late on Tuesday March 23, creating a traffic jam of more than 100 vessel...Read More

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