Seaborne iron ore prices were rangebound on Thursday October 29 amid market participants adopting a wait-and-see stance, sources told Fastmarkets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $116.00 per tonne, down $0.87 per tonne62% Fe low-alumina fines, cfr Qingdao: $116.84 per tonne, down $0.26 per tonne58% Fe fines high-grade premium, cfr Qingdao: $108.57 per tonne, down $0.18 per to...Read More

Seaborne premium hard coking coal prices in the cfr and fob markets moved in reverse directions on Thursday October 29 amid a distorted spot market, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $107.74 per tonne, down $7.61 per tonne Premium hard coking coal, cfr Jingtang: $135.26 per tonne, up $15.43 per tonneHard coking coal, fob DBCT: $95.52 per tonne, down $0.25 per tonn...Read More

Prices for cargoes of ferrous scrap exported from Japan are poised to continue rising amid strong appetite from Vietnam and continued concerns over global scrap supply, sources told Fastmarkets.Vietnam was heard paying $300-305 per tonne cfr for Japanese H2 scrap in bulk at the end of last week, which Japanese sources said was equivalent to around ?28,500 per tonne fob.One South Korean mill was h...Read More

The cobalt alloy 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....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....Read More

Key data from the Wednesday October 28 pricing session in Shanghai.Key drivers Spot domestic Chinese cobalt metal prices edged lower amid lingering weak sentiment, while buyers succeeded in negotiating lower prices, taking advantage of competition among traders who usually require steady cash flow. The price range for...Read More

Cobalt hydroxide payables made further gains during the first half of the week while metal prices fell for the first time since mid-July. Fastmarkets' price assessments for cobalt standard grade, in-warehouse Rotterdam and cobalt alloy grade, in-warehouse Rotterdam stand at parity at $15.50-16 per lb as of the Wednesday October 28 assessment, both narrowing downward from $15.70-16 per lb the day b...Read More

An overview of the consumers electronics markets and their latest price moves.Read More

A summary of sales figures from Russian steelmaker Evraz in the third quarter of 2020, it said in a trading update report published on Thursday October 29.Evraz CIS in briefSales of semi-finished steel products from Evraz's assets in the Commonwealth of Independent States (CIS) dropped by 21.6% year on year to 1.3 million tonnes in the third quarter of 2020 from 1.67 million tonnes in th...Read More

Changes in the purchasing habits of some Chinese alloy smelters are partly to blame for the weakness in the low-grade manganese ore market, sources told Fastmarkets.Prices for the low-grade manganese ore, also called semi-carbonate, in both seaborne and portside markets have generally trended downward since hitting year-to-date highs in late April on supply concerns after South Africa implemented...Read More

China's domestic stainless steel prices decreased slightly in the week ended Wednesday October 28 due to softer demand following nickel losses.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 14,500-15,200 yuan ($2,157-2,261) per tonne, widened downward by 100 yuan per tonne from a week earlier.The three-month nickel contract on the London Metal Exchange fell steadily from O...Read More

Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootThe International Monetary Fund (IMF) has cut back its estimate of global production losses as a result of the COVID-19 pa...Read More

The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world.The belt, better known as the Abitibi, is 150 km in width, and stretches for 650 km from just west of Timmins in Ontario to Chibougamau in Quebec.Explorers started travelling through the Chibougamau wilderness, a territory with abundant fur-bearing animals, fishing and hunting as...Read More

With a large landmass, favourable mining policies and a strong history of mine development and operations, Quebec is one of the world's top destinations for mineral explorers and developers. Below, we showcase eight companies active in the province.Falco ResourcesA rendering of Falco Resources' planned Horne 5 gold mine in Rouyn-Noranda, Quebec. Credit: Falco Resources.Falco Resources (TSXV: FPC)...Read More

Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three operations in Ontario and Mexico.Alamos generated 117,100 oz. gold., and sold 116,035 oz. at an average realized price of US$1,882 per oz., at all-in sustaining costs (AISCs) of US$949 per oz. sold.The resulting record cash flow led the compan...Read More

Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world's largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE) on Oct. 28.The Vancouver-based company will maintain its primary listing on the Toronto Stock and a listing on the New York Stock Exchange, Randy Smallwood, Wheaton's president and chief executive, said in an i...Read More

BMO Capital Markets emerged as the top financial adviser for mergers and acquisitions (M&A) in the global mining sector by value as well as volume through the first three quarters of 2020, says GlobalData analytics and consulting firm.According to GlobalData's figures, a total of 1,233 M&A deals were announced in the metals and mining sector during the period.This represents a 24.2% increase over...Read More

Where others have stumbled, Maple Gold Mines has stayed the course and is ready to advance their Douay project in Quebec's Abitibi Greenstone Belt.Through a tumultuous period defined by Covid-19, community lockdowns, economic uncertainty and surging prices for precious metals, maintaining a stable and reasoned approach to exploration has been difficult for many in the mining sector.However, for th...Read More

Agnico-Eagle Mines CEO Sean Boyd says more generalist investors are now looking at gold for high quality businesses that are willing to pay dividends, and they need to find companies that can stay disciplined when gold prices are down.Read full newsRead More

BNN Bloomberg's Andrew Bell has a look a some gold miners hiking their dividends.Read full newsRead More