An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More

Key data from the Friday March 26 pricing session in London.Key drivers Ferro-molybdenum and molybdic oxide prices continue to fall in response to weeks of slow buying interest, and ample availability, particularly of alloy. Volumes picked up during the second half of the week ended Friday,...Read More

EBITDA was £29.3 million (ZAR622 million), while revenue jumped 110% yoy for the half to £53.4 million, driven by a 127% jump in PGM revenues at the company's South Africa operations, which it attributed to buoyant prices, a lift in throughput and operational efficiencies.  PGM output surged 34% to more than 28,000 ounces in the half-year. Chrome production was up 72%, helped...Read More

The company has signed a three-year, A$1.4 billion syndicated performance bond facility, which executive chairman Juan Santamaria said reflected its "strong financial position" and growing order book. He said the bond would give its clients the confidence it could meet its contractual obligations. The company didn't provide any detail on the financial terms of the funds. In February...Read More

Adam HamiltonArchivesMar 26, 2021The mid-tier gold miners' stocks are in this sector's sweet spot for upside potential. After a spectacular upleg out of last March's stock panic, they have mostly been correcting since early August. That is doing its necessary work of rebalancing sentiment, paving the way for mid-tiers' next bull upleg. These great miners are thriving fundamentally with higher prev...Read More

Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) is pleased to announce that Jim MacCallum has been appointed Chief Financial Officer (CFO). Jim will be responsible for treasury, accounting, financial reporting and governance for LEAF and its subsidiaries."We are excited to have Jim join the LEAF team, he complements our strong performance-oriented culture, and we believe his impressive reputation for...Read More

Key data from Fastmarkets' pricing sessions in China, Europe and the United States on Friday March 26.China The China ferro-silicon price dropped after two weeks of plummeting futures and reduced demand from steel mills, but sentiment has improved slightly due to new production disruptions in Inner Mongolia, with some suppliers intending to stick with their current offers.Junzheng Group in In...Read More

Key data from Fastmarkets' pricing sessions on Friday March 26 in the Asia-Pacific region.Fastmarkets' copper concentrates treatment charge/refining charge (TC/RC) index, cif Asia-Pacific, resumed its downtrend this week after a slight rebound in mid-March.This was the third week the TC index has remained below the level of $30 per tonne.Smelters were less...Read More

Key data from pricing session in London on Friday March 26.Key drivers:  Parcels of metal continue to be available below the previous range from those looking to take profit, with some traders now reporting being interested in buying now that the low end of...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...Read More

The price of austenitic stainless steel scrap in the UK and Europe moved higher over the past seven days on the back of rising nickel costs in first half of the week, sources told Fastmarkets on Friday March 26.Nickel prices retreated in the second half of the week, however, wiping out most of the gains and halting the upward momentum in the stainless scrap market. Nonetheless, Fastmarkets' weekly...Read More

The spot price for light iron steel scrap in the United Kingdom was steady during the week to Friday March 26, stabilizing losses from last week amid firm fundamentals in the domestic market, sources told Fastmarkets.A sharp fall in European steel scrap export prices seen on Thursday may be short-lived, according to sources, with a pick-up seen the next day in steel rebar buying inquiries into Sou...Read More

Deep-sea scrap import prices in Turkey plunged this week but a recovery in rebar exports was expected to bring support to the market soon, while markets in Asia, apart from China, have already felt the revival.Scrap exporters in the United States, however, were lowering their buy prices during the working week from Monday March 22 to Friday March 26. Turkish import prices crash, but set to recover...Read More

Base metals prices on the London Metal Exchange and the Shanghai Futures Exchange were for the most part stronger this morning, Friday March 26, suggesting overall sentiment remains bullish while participants see dips as a buying opportunity. Asian-Pacific equities were generally stronger this morningThe US Dollar Index was strong tooBase metalsLME three-month base metals prices were up across the...Read More

Key data from pricing session in London on Friday March 26.Key drivers:  Parcels of metal continue to be available below the previous range from those looking to take profit, with some traders now reporting being interested in buying now that the low end of...Read More

Battery-grade lithium prices in both Asian seaborne and domestic China markets were firm this week, with the former receiving aggressive offers from Chinese suppliers, market participants told Fastmarkets.Asian seaborne lithium prices were steady against a backdrop of tight availability and firm demand; meanwhile Chinese suppliers have made aggressive offers for battery-grade lithium carbonate. Sp...Read More

Share this article TORONTO - Donlin Gold LLC, an entity owned equally by Barrick Gold Corp. [ABX-TSX; GOLD-NYSE] and Novagold Resources Inc. [NG-TSX, NYSE American], has released the last set of assay results from a successful 2020 drilling program targeting their Donlin Creek Gold Project in Alaska.Barrick CEO Mark Bristow said the results that Barrick and Novagold have been sharing over the...Read More

Import prices for flat-rolled steel went up in South America during the week ended Friday March 26, with resilient demand but China out of the export market, leaving only higher priced material from traders and Japanese mills to be bought.The vast majority of Chinese steelmakers decided to hold back from the market since their government had not yet decided on a cut in the export tax rebate for st...Read More

Had enough of the market whiplash yet?Yesterday, the S&P 500 closed 0.5% higher at 3,909.52. This came after a nerve-racking start to trading, which saw the index lose nearly 1% intraday. The Dow Jones Industrial Average gained 199.42 points, or 0.6%, rising to 32,619.48 - this again only after losing 348 points in early trading. The Nasdaq Composite trailed the two other major indexes, barely gai...Read More

Domestic prices for hot-rolled coil in Europe were up day on day on Friday March 26, with ArcelorMittal further increasing its offer prices, sources told Fastmarkets.Fastmarkets calculated its daily steel hot-rolled coil (HRC) index, domestic, exw Northern Europe at ?,?835.00 ($985.09) per tonne on Friday March 26, up by ?,?13.33 per tonne from ?,?821.67 per tonne on March 25.The index was also up...Read More