Ferro-silicon prices in China continued to edge lower in the week to Wednesday April 14, with recent gains in the downstream magnesium market failing to provide support.Fastmarkets' weekly price assessment for ferro-silicon 75% Si min, in-whs China was 6,900-7,000 yuan ($1,056-1,071) per tonne on Wednesday, down by 2,000-3,000 yuan per tonne (3.5%) from 7,100-7,300 yuan per tonne a week earlier.Fe...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday April 14.Key drivers No change for a second consecutive week in the European ferro-titanium market despite slow trading activity because persistent scrap tightness is prompting firm offer prices and underpinning alloys prices.Consequently, there is an uneasy equilibrium between unwavering scrap offer prices and those being offered b...Read More
China's domestic stainless steel prices rose slightly this past week on a pick-up in demand, but market participants do not expect further gains due to weakening nickel prices and declines in stainless steel futures.The three-month nickel contract on the London Metal Exchange ended the official trading session on Wednesday April 14 at $16,257 per tonne, down by $474 per tonne (2.8%) from $16,731 p...Read More
April 15, 2021 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce further high-grade silver results from its fall/winter exploration program at its wholly owned Langis Project located in the Cobalt Camp of Ontario, Canada. This news release includes holes LM-21-220 to LM-21-239 which is 3,324.90m of NQ size core from the Shaft 6 area at the...Read More
Proxy adviser Glass Lewis, one of Glencore's (LSE: GLEN) top shareholders, is pushing investors to vote against the company's plans to pay its new chief executive Gary Nagle up to US$10.4 million.In a report for clients, Lewis said it was concerned that the remuneration package for Nagle was "excessive for a newly appointed CEO with no previous experience of running a publicly listed company."Glen...Read More
As SilverCrest Metals (TSX: SIL; NYSE: SILV) prepares to put its Las Chispas project in Sonora, Mexico into production by the second half of 2022, latest infill and expansion drill results suggest 1.3 km of strike continuity across the three veins in the Babicanora area.The results included assays for 78 holes, totalling 29,308 metres of drilling, completed at the Babi Vista veins and splays, the...Read More
An appeal of an April 2019 lower court ruling that jeopardized Almaden Minerals' (TSX: AMM; NYSE-AM: AAU) Ixtaca gold-silver project in Puebla state - and the validity of Mexico's mining law - will be heard in Mexico's Supreme Court.The appeal was originally brought to the Collegiate (Appeals) Court of Mexico by the Mexican government, and Almaden as an affected third party. However, the court has...Read More
Anglo American (LSE: AAL) has signed a deal to run its Quellaveco copper mine in Peru 100% on renewables, effectively allowing the miner to deliver on its promise of powering all of its Latin American operations by green energy by 2022.The company vowed two years ago to meet power requirements of its copper operations in Chile with renewables by 2021. It also said it expected to have its iron ore...Read More
Ready for development copper-gold projectSPONSOREDjosemaria resources incKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdAre mining companies being held back by their board composition? SPONSOREDswannRegis has agreed to purchase IGO's 30% holding in the Tropicana joint venture for...Read More
The narrowing gap between seaborne manganese ore prices and spot prices in China will continue to taper amid the downward correction in the record-high premium for seaborne material in March, market participants said.It is likely the narrowing will be due to a combination of miners cutting seaborne offers amid mounting resistance from buyers and portside cargo holders raising prices following stro...Read More
Trade unions at Liberty's Czech-based Ostrava plant have announced a strike alert amid allegations that the plant's emissions allowances will be lent to another Liberty-owned steel mill, Fastmarkets heard.Earlier this week, the OS KOVO trade union warned of a readiness to strike at Liberty's Ostrava plant amid market concerns about the parent company's financial sustainability.Liberty Steel has be...Read More
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The new suggestions have made global headlines - with the dairy industry angry at being left out. But one major health organization said it was 'pleased with the federal government's overall direction'Read full newsRead More
Fabled Silver Gold Corp. is pleased to announce that it has increRead full newsRead More
The Vancouver Real Estate market experienced both record sales and new listings in March. So what does this all mean? A deep dive analysis on the current mar...Read full newsRead More
Hut 8 mining is one of the largest and most innovative Bitcoin mining companies in the world. There are several advantages that set them apart and they are t...Read full newsRead More
I am excited to bring you an exclusive tour of Hut 8's mining facility located in Medicine Hat Alberta.Disclaimer This content is for informational purposes ...Read full newsRead More
Canada's main stock index TSX rose on Thursday, driven in part by rising gold prices against lower US Treasury yields and a weaker dollar. One of Canada’s major gold miners Barrick Gold Corp also posted gains on a positive earnings forecast. Canadian gold miner Barrick Gold Corp ABX.TO rose 1.6% as it maintained its full-year outlook. Despite a fall in gold production slipped by 9...Read More