The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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. Fastmarkets assessed Cobalt hydroxide...Read More
The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt...Read More
The market for the higher grade of high carbon ferro-chrome inched upward on Tuesday May 11 due to strong end-use demand, while the lower grade ticked down following lower offers for Indian material. Fastmarkets' ferro-chrome high carbon 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe price assessment widened upward by 1 cent (0.4%) to $1.20-1.49 per lb Cr on Tuesday May 11 from $1.2...Read More
The export steel billet price from the Commonwealth of Independent States (CIS) region jumped again on Wednesday May 12, this time by $45 per tonne following Tuesday's $37-per-tonne increase, after customers in Latin America and China accepted higher levels in fresh deals. Fastmarkets' daily steel billet index, export, fob Black Sea, CIS rose to $725 per tonne on Wednesday, from $680 per tonn...Read More
The price for iron ore surged to a record US$237.57 per tonne on May 12 as strong Chinese demand continued to outpace supply.The record price levels are supported by a continued supply squeeze, with major iron ore producers reporting seasonally lower output in the March quarter, and growing concern over the escalating Covid-19 crisis in India, which could impact the country's exports of the metal....Read More
Black Iron (TSX: BKI; US-OTC: BKIRF) will grant Cargill offtake rights for an initial ten years on the first four million tonnes of annual production from its Shymanivske iron ore project in the Ukraine, and Cargill will provide a US$75 million finance facility for construction.The two companies, long active in the country, now plan to iron out and complete a binding agreement, which will include...Read More
Barksdale Resources (TSXV: BRO) has entered an definitive agreement to acquire two copper exploration projects located in Santa Cruz County, Arizona, from Kennecott Exploration Company, a wholly owned subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO).Barksdale is advancing the Sunnyside copper-zinc-lead-silver and San Antonio copper projects, both located in the Patagonia Mountains of southern Arizona...Read More
High gold prices continue to make the precious metal one of the most sought after metals in Canada. Even companies with production are exploring for more. And there may be more new gold mines on the horizon.ARTEMIS GOLDArtemis Gold's (TSXV: ARTG) flagship project is Blackwater, 150 km southwest of Prince George, B.C. A prefeasibility study was completed last year for a three-stage development appr...Read More
At least three illegal gold miners inside the Yanomami reservation in northern Brazil have died, after they opened fire with automatic weapons on an indigenous community opposed to their presence in the area.The Yanomami group, the largest of South America's tribes that remain relatively isolated from the outside world, said armed miners attacked one of their communities on May 10, leaving one mem...Read More
A report commissioned by Glasgow-based engineering company the Weir Group warns that the total amount of power used in hard rock mining is equal to 12 exajoules per year or close to 3.5% of global energy use and that the industry must move away from legacy systems and processes if it wants to meet sustainability targets. After analyzing mine energy data from over 40 studies published from 2007 to...Read More
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/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More
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Fury holds three core Canadian gold projects: Eau Claire in Quebec, Committee Bay in Nunavut and Homestake Ridge in British Columbia.Read full newsRead More
CMHC is back with another forecast, this time trying to guess into 2023. These forecasts are not worth the paper they are written on. Canadian Real Estate pr...Read full newsRead More