RAPAPORT... Gem Diamonds has recovered a 442-carat, type II diamond from the Let??eng mine in Lesotho, claiming the stone ranks among the largest gem-quality rough discovered this year. "The recovery of this remarkable 442-carat diamond, one of the world's largest gem-quality diamonds to be recovered this year, is further confirmation of the caliber of the Let??eng mine and its ability to consiste...Read More

Imported steel billet prices increased slightly in Egypt because of higher offer prices, sources told Fastmarkets on Thursday August 27.The reason demand was slow is because of weak construction activity, Egyptian sources said, amid the construction ban in the country - imposed on May 25 and due to last for six months.Although this...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company is facing a possible production ‘gap', as DeGrussa/Monty in Western Australia is due to run out of ore in just over two years.Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsMeridian has agreed to pay US$8.75 million and issue 4.5 million shares to two arm's length vendors, spread over 39 months and...Read More

Turkish steel billet prices have been largely stable over the past week but could be pushed up by stronger scrap costs soon, sources said on Thursday August 27.Fastmarkets' weekly price assessment for steel billet, domestic, exw Turkey, was $420-425 per tonne ex-works on August 27, unchanged week on week."The mills had lowered their billet offers to as low as $417 per tonne ex-works earlier this w...Read More

Turkish domestic long steel prices increased further over the past seven days in line with the weakening of the country's lira against the US dollar, sources said on Thursday August 27.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 3,860-3,870 lira ($523-524) per tonne on Thursday, up from the 3,790-3,810 lira per tonne of last week.The domestic r...Read More

Turkish export prices for steel rebar and wire rod have remained steady over the past week, but mills were trying for higher prices due to firmer costs for scrap raw material, sources said on Thursday August 27.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $430-440 per tonne fob on Thursday, unchanged from last week.Rebar export offers we...Read More

The Turkish steel producers have taken a break from deep-sea scrap purchases after booking a number of cargoes earlier in the week, sources said on Thursday August 27.The mills in Turkey booked six deep-sea scrap cargoes from various destinations at slightly higher prices this week, totalling around 220,000 tonnes.The most recent bookings brought the HMS 1&2 (80:20) price to $287.50 per tonne cfr...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.In the year 2020 to date in late August, the Fastmarkets 62% Fe iron ore benchmark has powered along and reached six-year highs, supported by Chinese demand, and despite the global economic uncertainty created by the Covid-19 pandemic. Iron ore demand has weakened almost everywhere except in China, where it has continued to...Read More

Prices for bulk cargoes of scrap imported to Bangladesh moved up again over the last week with offer prices from key exporters on the rise, market participants told Fastmarkets.At least two mills have been shopping around the market for bulk cargoes this week, Fastmarkets understands, with offer prices from both Japan and the United States at higher levels than last week.Sellers in the US West Coa...Read More

Iron ore fines prices declined on Thursday August 27, with market sources saying that the further restrictions on sintering in the Tangshan area of northern China have depressed trading sentiment.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $122.22 per tonne, down $1.98 per tonne62% Fe low-alumina fines, cfr Qingdao: $121.69 per tonne, down $1.96 per tonne58% Fe fines high-grade premium...Read More

Seaborne coking coal prices were relatively flat across the board despite recent transactions done in the fob market, although market participants agreed that India alone cannot support the premium for mid-volatility hard coking coal prices for long. Fastmarkets indicesPremium hard coking coal, fob DBCT: $105.92 per tonne, up $0.01 per tonne Premium hard coking coal, cfr Jingtang: $114.70 per tonn...Read More

Starbucks (SBUX), an S&P 100 stock moved above $83.17 extending an intermediate uptrend. Expedia (EXPE), a NASDAQ 100 stock moved above $97.59 extending an intermediate uptrend. Pre-opening Comments for Thursday August 27thIndex futures were lower this morning. S&P 500 futures were down 3 points in pre-opening trade. Traders are waiting for Federal Reserve Chairman Jerome Powell's add...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

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...Read More

The publication of Fastmarkets' European cobalt price assessments for August 27 will be delayed because of a technical issue.Fastmarkets' pricing database, MInD, will be updated at the earliest possible moment to reflect the below assessments for the following prices: MB-CO-0004 Cobalt alloy grade, in-whs Rotterdam, $/lbAugust 26 price: $15.25-15.70 per lbAugust 27 price: $15.25-15.70 per lbMB-CO-...Read More

Key data from Fastmarkets' pricing session in China on Wednesday August 26. Key driversSome producers continued to raise their offer prices while several others held back from offering, and therefore limited the availability of spot cargoes.A number of consumers in the magnet sector asked around only to find it is difficult to source material and had to accept some high offers to meet prompt produ...Read More

Key data from Fastmarkets' pricing session in Shanghai on Wednesday August 26. Key driversDomestic suppliers raised their offer prices significantly following substantial gains in the futures market.The September indium contract on the Wuxi Stainless Steel Exchange closed at 1,198 yuan ($173.75) per kg on August 26, up by 24.8% from 960 yuan per kg at the close on August 19.A number of consumers w...Read More

China's domestic stainless steel prices maintained their upward momentum in the week ended Wednesday August 26, after major mills in the country sharply increased their ex-works prices.Costlier nickel also provided support to the stainless steel market.The three-month nickel contract on the London Metal Exchange ended Wednesday's official trading session at $15,077 per tonne, up by $319 per tonne...Read More

August 27, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has entered into separate agreements to acquire a 100% interest in the Trapper mineral claim group (the "Trapper Project") and its associated royalties, further expanding the Thorn Project. The Trapper claims are adjacent to the Thorn Project and part of a larger distr...Read More