Popular News

IN CASE YOU MISSED IT: 5 key stories from October 1

October 02, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday October 1 that are worth another look.The fast steel market recovery seen in Brazil in the past few months has led the country's steelmaker association, Instituto A??o Brasil, to revise its forecasts for 2020 up significantly from previous expectations set...Read More

LIVE FUTURES REPORT 01/10: LME copper price plunges 5% in complex-wide sell-off

October 02, 2020 / www.metalbulletin.com

The three-month copper price on the London Metal Exchange tumbled at the close of trading on Thursday October 1, while the rest of the complex reacted to news that US lawmakers remained at odds over the country's pandemic relief efforts. Copper's outright price on the LME closed at $6,387 per tonne on Thursday afternoon, declining from an intraday high of $6,710 per tonne, while turnover was at it...Read More

Supervisors' union at BHP's Escondida copper mine in Chile vote to strike

October 02, 2020 / www.metalbulletin.com

Members of Union No2 representing supervisors at the Chilean Escondida copper mine, operated by BHP, voted to strike following unsuccessful labor negotiations with the company, Union No1 said on Wednesday September 30. The latest offer from Escondida's management was rejected by 98.36% of votes from members of Union No2. According to Union No1, the largest union representing workers on the mine, n...Read More

Brigadier Gold Begins First Drill Program at San Agustin Gold Mine

October 01, 2020 / www.321gold.com

Bob Moriarty ArchivesOct 01, 2020While the two candidates for the presidency of the US continue to impress the entire world with their keen judgment and sense of superior leadership, the metals cannot quite figure out which direction to proceed. For a couple of days it looked like they would rocket higher but it is a weak part of the season and I continue to hope for more of a correction to squeez...Read More

PRICING NOTICE: Open consultation on IOSCO-audited non-ferrous price assessments, indices

October 02, 2020 / www.metalbulletin.com

Fastmarkets MB is inviting feedback on its audited non-ferrous price assessments and indices, as part of its annual methodology review, in compliance with IOSCO principles for price reporting agencies (PRAs). The consultation, which is open until October 31, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for the alumina, a...Read More

Huta Laziska to run at full output of FeSi in 2020 amid market rally

October 02, 2020 / www.metalbulletin.com

Polish ferro-silicon producer Huta Laziska is set to produce a volume close to its capacity for 80,000-90,000 tonnes per year of standard-grade ferro-silicon (Si 75%) this year, amid signs of a rise in European spot prices, an industry source has told Fastmarkets.Huta Laziska has made only minor adjustments to its output so far in 2020, due to annual planned maintenance measures that have meant on...Read More

Benchmark claims top 10 with $50M financing

October 01, 2020 / www.mining-journal.com

It had earlier more than doubled the size of a planned $21 million raising and closed the third tranche priced at $1.30 per unit yesterday, with the proceeds to fast-track its Lawyers gold-silver project in British Columbia towards a production decision in 2022."The size of this offering ranks among the top 10 equity financings of the year on the TSX Venture Exchange, with key support from several...Read More

Supervisors' union at BHP's Escondida copper mine in Chile vote to strike

October 02, 2020 / www.metalbulletin.com

Members of Union No2 representing supervisors at the Chilean Escondida copper mine, operated by BHP, voted to strike following unsuccessful labor negotiations with the company, Union No1 said on Wednesday September 30. The latest offer from Escondida's management was rejected by 98.36% of votes from members of Union No2. According to Union No1, the largest union representing workers on the mine, n...Read More

Blister copper RC reaches 15-month high in September

October 02, 2020 / www.metalbulletin.com

The refining charge (RC) for blister copper brought into China rose by 1.7% on Wednesday September 30 to its highest since June 2019, due to reported higher availability of domestic units and lackluster buying from smelters. Fastmarkets assessed the copper blister 98-99% RC spot, cif China at $140-160 per tonne on Wednesday, compared with $135-160 per tonne a month earlier. Offers for importe...Read More

PRICING NOTICE: Open consultation on IOSCO-audited non-ferrous price assessments, indices

October 02, 2020 / www.metalbulletin.com

Fastmarkets MB is inviting feedback on its audited non-ferrous price assessments and indices, as part of its annual methodology review, in compliance with IOSCO principles for price reporting agencies (PRAs). The consultation, which is open until October 31, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for the alumina, a...Read More

RESEARCH: Ferro-alloy price gains in September position markets for strong Q4

October 02, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloys forecast highlights:Prices across most ore and alloy markets trended higher in September, buoyed by improving demand from steelmakers with the end of the summer holiday season in Europe and the United States, as well as maintained demand from Chinese steel mills. Tightening of alloy inventories...Read More

IN CASE YOU MISSED IT: 5 key stories from October 1

October 02, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday October 1 that are worth another look.The fast steel market recovery seen in Brazil in the past few months has led the country's steelmaker association, Instituto A??o Brasil, to revise its forecasts for 2020 up significantly from previous expectations set...Read More

DAILY STEEL SCRAP: Baltic Sea deal sends prices further down

October 02, 2020 / www.metalbulletin.com

Turkish deep-sea scrap import prices fell after news of a Baltic Sea cargo being sold into Turkey came to light on Thursday October 1.A steel mill in the Marmara region booked the Baltic Sea cargo, comprising 14,000 tonnes of HMS 1&2 (80:20) at $292 per tonne, 12,000 tonnes of shredded at $297 per tonne and 10,000 tonnes of bonus at $302 per tonne cfr.The date of the transaction, however, was...Read More

Strong Q4 steel prices to support Japan scrap market, Jisri says

October 02, 2020 / www.metalbulletin.com

Rising steel prices over the coming months are likely to prop up prices for ferrous scrap in Japan, the Japan Iron and Steel Recycling Institute (Jisri) said on Thursday October 1."Japan is entering the 'autumn of price increases' in which product prices at both blast furnaces (BFs) and electric-arc furnaces (EAFs) are being raised one after another," Jisri said."The domestic steel scrap market is...Read More

Lundin's Chapada copper-gold mine to restart at 30% capacity

October 02, 2020 / www.metalbulletin.com

Canada-headquartered Lundin Mining expects to partially resume operations at its Chapada copper-gold mine in the Midwestern Brazilian state of Goi??s within a week and return to full capacity usage in two months, the company said on Tuesday September 29.Lundin had to halt activities on Sunday September 27 after a power outage damaged four motors used for its semi-autogenous grinding (SAG) and...Read More

MORNING VIEW: LME base metals prices, broader markets drift higher

October 02, 2020 / www.metalbulletin.com

Base metals prices on the London Metal Exchange and pre-market western equity index futures were for the most part firmer this morning, Thursday October 1, albeit in quiet conditions with China, Hong Kong and South Korea closed for holidays and technical problems meaning the Tokyo Stock Exchange could not open.Japan's manufacturing purchasing managers' index (PMI) climbed to 47.7 in September from...Read More

PRICING NOTICE: Open consultation on IOSCO-audited non-ferrous price assessments, indices

October 02, 2020 / www.metalbulletin.com

Fastmarkets MB is inviting feedback on its audited non-ferrous price assessments and indices, as part of its annual methodology review, in compliance with IOSCO principles for price reporting agencies (PRAs). The consultation, which is open until October 31, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for the alumina, a...Read More

GoldMining Announces Listing on NYSE American

October 01, 2020 / www.canadianinvestor.com

Share this article VANCOUVER - GoldMining Inc. (TSX: GOLD; OTCQX: GLDLF) has been approved for listing and trading on the NYSE American. The Company expects that its Common Shares will commence trading at market open on the NYSE American on October 6, 2020 under the symbol "GLDG" and will be delisted from the OTCQX.The Common Shares will continue to trade on the Toronto Stock Exchange under the t...Read More

Compass Pathways (NASDAQ: CMPS) and the Quest to Treat Depression With Psychedelics

October 01, 2020 / www.energyandcapital.com

Joel Jackson was born in Mississippi.His father was a deadbeat and his mother was a heroin addict.At 8 years old, Joel was responsible for looking after his younger siblings while his mother would disappear for days at a time.At 10, he was placed in foster care, and at 15, he was homeless.But despite being dealt a crappy hand in life, Joel managed to survive.He went to school, mostly because that'...Read More

IN CASE YOU MISSED IT: 5 key stories from October 1

October 02, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday October 1 that are worth another look.The fast steel market recovery seen in Brazil in the past few months has led the country's steelmaker association, Instituto A??o Brasil, to revise its forecasts for 2020 up significantly from previous expectations set...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok