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CHINA HRC: Interest for Vietnamese cargoes rises amid political tensions with India

July 23, 2020 / www.metalbulletin.com

Chinese hot-rolled coil importers are sourcing for cargoes from Vietnam amid domestic price increases, with interest for Indian products declining due to tensions between China and the South Asian country.DomesticEastern China (Shanghai): 3,950-3,970 yuan ($566-568) per tonne, up 50-60 yuan per tonneDomestic HRC prices surged on Wednesday July 22 amid increased liquidity in the market, which led s...Read More

LIVE FUTURES REPORT 22/07: Dollar decline, fresh cancelations fail to support; zinc sinks 2.5% on inflows

July 23, 2020 / www.metalbulletin.com

The London Metal Exchange three-month base metals prices were predominantly subdued during morning trading on Wednesday July 22, with zinc futures leading the decline while fresh cancelations and a steady decline in the US dollar index did little to boost sentiment. LME zinc's outright price was recently at $2,189 per tonne, a decline of over 2.5% from a morning high of $2,263 per tonne, while tur...Read More

CHINA REBAR: Demand rises in eastern region on end of rainy season

July 23, 2020 / www.metalbulletin.com

China's domestic rebar prices rose further on Wednesday July 22 on stronger demand following weather improvements in the eastern part of the country.Domestic Eastern China (Shanghai): 3,610-3,640 yuan ($518-522) per tonne, up by 30-40 yuan per tonneThe rainy season in the major markets of eastern China, such as Shanghai, Jiangsu and Zhejiang provinces came to an end in the last couple of days, acc...Read More

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

July 23, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Read More

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

July 23, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Read More

MINOR METALS MARKET REPORT 22/07: Bismuth price firms; cadmium edges down on low demand

July 23, 2020 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

TITANIUM SNAPSHOT: Alloy market hits three-and-a-half year low

July 23, 2020 / www.metalbulletin.com

Key data from the pricing session in Europe on Wednesday July 22.Key driversThe ferro-titanium market has dropped to a range last seen on February 3, 2017, when the assessed price was $3.70-4.10 per kg delivered. Depressed consumer demand for steel resulted in excess steel supply which, combined with the seasonal summer slowdown in heavy industry, led steel suppliers to get rid of their stocks. Th...Read More

Battery era just hot air?

July 22, 2020 / www.mining-journal.com

Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesAs a rather sad indictment of what my life has become, I was doing some dusting the other day. Not that there is any...Read More

Endeavour Mining adds to gold resource at Hounde

July 22, 2020 / www.northernminer.com

Endeavour Mining (TSX: EDV) has increased its gold resource by 554,000 oz. at its Hounde mine in Burkina Faso, located approximately 250 km southwest of the capital Ouagadougou.The updated mineral resource now stands at 74.6 million tonnes grading 1.85 grams gold per tonne for 4.45 million contained oz. gold in the measured and indicated category. Inferred resources also increased to 7.9 million...Read More

Marathon extends Berry gold zone at Valentine

July 22, 2020 / www.northernminer.com

Step-out drilling at Marathon Gold's (TSX: MOZ) Valentine gold project has extended the Berry zone to the northeast, to a drill-tested strike of 450 metres.The company's latest release includes the assays from ten holes completed at the Berry area, which sits within a 6-km-long Sprite corridor between the Leprechaun and Marathon deposits at the site.Highlights include 120 metres of 3.33 grams go...Read More

Karora sells share in Dumont nickel project

July 22, 2020 / www.northernminer.com

Gold-focused producer Karora Resources (TSX: KRR) has announced the sale of its 28% interest in the Dumont nickel project in Quebec to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million.As consideration for the sale, Karora will receive $10.7 million upon closing - expected by the end of July - which includes $7.4 million from Waterton, and a $3.3-...Read More

Copper price surges to two-year high

July 22, 2020 / www.northernminer.com

Copper futures rallied on July 21 after an agreement on a massive economic stimulus plan in Europe, optimism about a Covid-19 vaccine, and ongoing worries about pandemic-hit supply from top producer South America.Copper for delivery in September trading in New York changed hands for US$2.98 per lb. ($6,560 a tonne) in early afternoon trade, up 2% from July 20 settlement.Copper futures are on track...Read More

Top 10 US-based mid-tiers to juniors, excluding coal and precious metals

July 23, 2020 / www.northernminer.com

The Northern Miner presents the top-10, U.S.-based mid-tier to junior companies, excluding coal and precious metals, by market capitalization, as of July 24, 2020.1. Compass MineralsMarket cap: US$1.8 billionCompass Minerals (NYSE: CMP) produces plant nutrients, salts and magnesium chloride for applications in industrial, agricultural, commercial and consumer markets, primarily in North America...Read More

Antofagasta maintains copper output despite Covid-19

July 22, 2020 / www.northernminer.com

Chilean miner Antofagasta (LSE: ANTO) has shown resilience amid the country's Covid-19 crisis, delivering copper volumes in the second quarter that were 5% ahead of expectations, but 8.4% lower than the previous period.In the three months to June 30, the company churned out 177,700 tonnes copper, compared to 194,000 in the first quarter, mainly due to expected lower grades from the Centinela mine....Read More

Higher demand supporting China #nickel sulphate prices

July 22, 2020 / www.argusmedia.com

Chinese nickel sulphate prices could rise in the coming weeks, bolstered by increasing spot demand from the new energy vehicle (NEV) power battery sector.Read full newsRead More

IAMGOLD to Proceed with Construction of the Cote Gold Project in Ontario, Canada

July 22, 2020 / dlvr.it

Toronto, Ontario, Jul 21, 2020 (Newsfile Corp via COMTEX) --Toronto, Ontario--(Newsfile Corp. - July 21, 2020) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG)...Read full newsRead More

Where Do Gold Stocks Go From Here?

July 22, 2020 / dlvr.it

Which Gold Stocks Are On Your List Right Now? Jul 20, 2020 (GoldStocks.com via COMTEX) --Gold stocks started the week on strong footing Monday morning....Read full newsRead More

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July 22, 2020 / soo.nr

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The mining industry has shown potential for a quantamental approach to be applied successfully. #gold

July 22, 2020 / bit.ly

Quantamental investing merges AI and human expertise.Read full newsRead More

Granada Closes Flow-Through Private Placement

July 22, 2020 / bit.ly

Granada Gold Mine Inc. is pleased to announce that the Company haRead full newsRead More

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