The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade 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. Fastmarkets assessed Cobalt...Read More
Key data from the pricing session in Shanghai on Friday August 14. Key drivers The domestic price rose for the fifth consecutive week due to deals concluded in the range. Some sources remain optimistic the uptrend will continue due to tight spot supply. Demand from the downstream bismuth trioxide market...Read More
Key data from the Friday August 14's pricing session in Shanghai.Key drivers Gap between offers and bids widened. Sources raised export offers due to stronger domestic prices in China, but many overseas buyers were still only willing to...Read More
Mexico has approved the environmental impact statement (EIS) for Orla Mining's (TSX: OLA) Camino Rojo oxide gold project in Zacatecas state - clearing the way for mine construction to start.The approval from the Mexican Federal Environmental Department (Semarnat) also satisfies one of the key conditions for the company to drawdown the remaining US$100 million available on a US$125 million project...Read More
The UK market for deliveries of steel scrap to domestic consumers has increased in August, more than paring losses made in July as tighter supplies and firmer demand at home and abroad combined to push up prices, industry sources told Fastmarkets.The United Kingdom's domestic market for steel scrap gained strength in August, with tighter supply and firmer demand at home and abroad combining to pus...Read More
The latest drill results from the Berry zone, within the 6-km long Sprite corridor at Marathon Gold's (TSX: MOZ) Valentine gold project, extend the strike length of this area of mineralization to 650 metres, from approximately 450 metres previously.The highlight intercepts include 47 metres of 2.96 grams gold per tonne starting at 166 metres; 30 metres of 2.23 grams gold per tonne from 121 metres;...Read More
Banyan Gold (TSXV: BYN) has released assays for nine holes completed at the Airstrip zone within its AurMac property, 56 km northeast of Mayo, Yukon. The drilling has extended the strike length of the mineralized zone by approximately 300 metres to the west, as well as down-dip, within the limits of the conceptual pit that constrains the existing Airstrip deposit.Drill highlights include 116 metre...Read More
Rare earths miner Lynas Corp. (ASX: LYC) posted a smaller-than-expected annual loss and outlined plans to raise A$425 million (around US$307 million) to fund construction of a new ore processing plant in Australia.The world's biggest rare earths miner outside China said the loss (after tax) came in at A$19.4 million for the year ended June 30, compared with a profit of A$83.1 million a year earlie...Read More
Lithium Americas (TSX: LAC; NYSE: LAC) is gearing up to resume construction activities at its Cauchar?--Olaroz lithium project in Jujuy, Argentina, after halting operations in March to comply with the country's measures against the coronavirus pandemic.The company, which is developing the asset with the help of China's Ganfeng Lithium, had to suspend construction at Cauchar?--Olaroz again in July,...Read More
The World Economic Forum metals and mining group, together with Accenture, has explored how mining and metals companies can start to shift to the ‘new paradigm of work' to build resilience and flexibility for operations and the workforce through uncertain times.Specifically, three stages have been identified to assist the mining and metals industry to rebound from the unfolding crisis, take...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Another feature of Deterra is that it could become a significant new player in the highly profitable Australian iron ore industry, a...Read More
Oklahoma shale driller Chaparral Energy Inc filed for Chapter 11 bankruptcy protection on Sunday, the latest U.S. energy sector casualty in recent months as COVID-19 crushes oil demand.Read full newsRead More
China's diesel demand is likely to hit a record this year powered by trucking activity, as Beijing's aggressive stimulus fuels a construction and delivery boom and a speedy recovery in heavy machinery sales, analysts say.Read full newsRead More
Helium has a peculiar and very interesting fact attached to it: it is the only element discovered out of Earth before it was discovered on...Read full newsRead More
Warren Buffett's Berkshire Hathaway bought a stake in Barrick Gold in the second quarter, a Friday filing showed. Barrick Gold surged as much as...Read full newsRead More
Steppe Gold Limited (TSX:STGO) (Read full newsRead More
Carlyle Commodities Corp. (CSE:CCC) (FSE: 1OZA) (OTC Pink: DLRYF) (Read full newsRead More
Gold has rarely been out of the headlines this summer, with prices of the precious metal soaring. Barrick Gold (TSX:ABX)(NYSE:GOLD) leapt more than 11% yesterday on the news that Warren Buffett had made a significant investment in the world-class miner. With prices heading for the atmosphere, US$3,000 and higher seem almost logical in the topsy-turvy pandemic market. But which stocks should invest...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) stock soared almost 11% after Warren Buffett-led Berkshire Hathaway disclosed its stake in the miner. Barrick stock is up more than 65% this year and is currently trading close to its eight-year high.Warren Buffett and goldThe uptrend in the stock could continue at least in the short term, as Buffett followers try to get on board, too. Moreover, rallying gold pric...Read More
You’ll be surprised to know that a few stocks on the S&P/TSX 60 Index continue to do well irrespective of where the market or economy goes. These stocks are among the best-performing Canadian companies that continue to generate steady growth and are unlikely to take a hit even if the economy slips into a recession.So, if you are looking for the right investments, these are the three best...Read More