Artemis all set thanks to unique approachSPONSOREDartemis resourcesKalahari Metals (KML), the 100% owner of the ground, is 62%-owned by Cobre's major shareholder Metal Tiger, with the balance held by six other shareholders. Cobre will issue 21.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSubsidiary Pebble Limited Partnership said the permitting process continued to move forward amid reports the US Army Corps of Engineers (USACE) was going to publish details about its approach to wetlands mitigation for the project on Monday.The Pebble Partnership responded to a Politico article claiming Trump had plans to block the...Read More

Amazon (AMZN), a NASDAQ 100 stock moved above $3,344.29 to an all-time high extending an intermediate uptrend. Autodesk (ADSK), a NASDAQ 100 stock moved above $251.39 to an all-time high extending an intermediate uptrend. Twitter (TWTR), a NASDAQ 100 stock moved above $40.26 extending an intermediate uptrend. Abbott Labs (ABT), an S&P 100 stock moved above $102.89 to an all-time high extending...Read More

The steel recycling division of Tata Steel has announced it is launching a mobile app for sourcing steel scrap in India, the company said on August 19.The app - named FerroHaat - claims to be a world first and aims to source steel scrap from traders in India. The app is a step toward organizing the currently disorganized Indian scrap supply chain,while also providing a reliable source of scrap met...Read More

German steelmaker Salzgitter is to offer "green" strip steel to the market before the end of this year, the company announced last week.Before the end of this year, the company will be able to offer a range of green strip steel products in specified grades and dimensions, it said on August 18. The company is moving on "vibrant interest being expressed in these materials," it added.To enable produc...Read More

Turkish domestic auto bundle scrap prices declined slightly over the past week in line with the downturn in domestic long steel demand and prices, sources said on Monday August 24.Domestic long steel prices went down in Turkey last week amid poor demand and a slight recovery in the Turkish currency, Fastmarkets heard.Following the downturn in domestic rebar and wire rod prices, some mills - and a...Read More

Seaborne iron ore prices eased for the second consecutive trading session on Monday August 24 amid limited trading activity, according to trade sources.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $125.23 per tonne, down by $2.15 per tonne.62% Fe low-alumina fines, cfr Qingdao: $124.78 per tonne, down by $1.93 per tonne.58% Fe fines high-grade premium, cfr Qingdao: $111.21 per tonne, dow...Read More

Seaborne coking coal prices were relatively flat on Monday August 24 due to a lack of transactions, sources told Fastmarkets. Fastmarkets indicesPremium hard coking coal, fob DBCT: $104.09 per tonne, down $0.62 per tonne Premium hard coking coal, cfr Jingtang: $114.63 per tonne, unchangedHard coking coal, fob DBCT: $85.19 per tonne, unchangedHard coking coal,...Read More

Seaborne iron ore concentrate and pellet prices rose again in the week ended Friday August 21 amid rising futures despite a weakening of demand, sources told Fastmarkets.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $130 per tonne, up $4.75 per tonne65% Fe blast furnace pellet, cfr Qingdao: $139.27 per tonne, up $5.13 per tonneKey driversMarket participants said that the surge in th...Read More

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 transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt alloy...Read More

The Cobalt standard grade, in-whs Rotterdam, $/lb 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...Read More

Chinese silicon exporters raised offer prices in the week to Friday August 21 because of the unavailability of cheap material from domestic producers given tight spot supply, but overseas consumers have found higher prices almost impossible to accept, Fastmarkets learned. Fastmarkets' weekly price assessment for silicon export 98.5% Si min, fob China was $1,420-1,480 per tonne on Friday, up b...Read More

India's ministry of steel has helped to establish a working group involving South Korean steelmaker Posco and state-owned Indian producer Vizag Steel (RINL) over the building of a new plant to produce special steels.A memorandum of understanding (MoU) was signed last year between the companies on the building of a plant, according to India's Economic Times newspaper on Sunday August 23.A spokesman...Read More

China's domestic silico-manganese spot price retreated in the latest assessment to Friday August 21 in response to falling futures prices and shrinking buying interest, market sources told Fastmarkets. Fastmarkets assessed the silico-manganese, 65% Mn min, max 17% Si, in-whs China price at 5,900-6,000 yuan ($852-866) per tonne on Friday, down by 2.1% from 6,000-6,150 yuan per tonne on August...Read More

After registering gains for two consecutive weeks, portside prices for both low and high-grade manganese ore in China ticked down in the week to Friday August 21, as a result of domestic ore traders lowering their offer prices amid thin buying interest from alloy smelters, sources said.Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China was 35.50 yuan ($5.13) per d...Read More

August 24, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has entered into a purchase agreement to acquire a 100% interest in the Metla mineral claim group of 6,413 hectares from Stuhini Exploration Ltd., TSXV:STU ("Stuhini") for consideration of 1,200,000 common shares of Brixton and CAD $42,000 in cash (subject to the accep...Read More

The U.S. Army Corps of Engineers (USACE) has ordered Northern Dynasty Minerals (TSX: NDM) to craft a plan that would mitigate environmental impacts of its proposed Pebble copper-gold-molybdenum mine in Alaska.In a letter dated August 20 to the project's developer, Pebble Limited Partnership, USACE said that "mitigation is required for unavoidable adverse impacts to aquatic resources" the project c...Read More

Nomad Royalty (TSX: NSR; US:OTC: NSRXF) has entered into a definitive arrangement agreement to acquire Coral Gold (TSXV: CLH; US-OTC: CLHRF) in a cash and share deal valued at US$45.8 million as the company looks to grow its royalty portfolio.Through this transaction, Nomad is adding an uncapped, sliding scale (ranging from 1% to 2.25%) net smelter return royalty (NSR) on Nevada Gold Mines' Robert...Read More

Rio Tinto's (NYSE: RIO; LSE: RIO) top bosses will pay millions of dollars for the destruction of two ancient caves in Australia as the group has decided to cut short-term bonuses of some senior executives following an internal review.Chief executive Jean-S?(C)bastien Jacques will lose almost US$5 million ( ?3.7 million) in bonuses and the head of the iron ore business, Chris Salisbury, will see hi...Read More

Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec.BHP's unit, Rio Algom Ltd., will fund 100% of Midland's exploration for the battery metal within the Nunavik territory up to $1.4 million (US$1.06 million), on an annual basis, for a minimum of two years.The objective, the junior s...Read More