Nickel premiums in China continued their ascent in the week to Tuesday September 8 after demand strengthened while premiums in the United States fell after demand weakened in the region, sources told Fastmarkets. China NPI, nickel sulfate prices rose anew amid robust demandUS nickel briquette premiums widened down with stainless demand feebleEuropean premiums held in an illiquid spot market, with...Read More

Hot-rolled coil buyers in Vietnam and Pakistan retreated from the market on Wednesday September 9 following continuous declines in Chinese prices, according to market participants.DomesticEastern China (Shanghai): 3,920-3,950 yuan ($573-578) yuan per tonne, down 60-70 yuan per tonneSellers in Shanghai were offering HRC at 3,950-3,960 yuan per tonne during the morning, but were forced to cut offers...Read More

- Record gold prices render PEA, due diligence assumptions, and March 2020 internal estimates conservative- Expands strategic direction to pursue developing environmentally sound mining operations at the CK Gold ProjectELKO, Nev., Sept. 9, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to provide an exploration update fo...Read More

Gains in London Metal Exchange three-month base metals prices were broadly capped during morning trading on Wednesday September 9 with futures prices failing to fully retrace gains after the previous day's plunge in US equities markets.Most notably, stocks in high-profile electric vehicle (EV) maker Tesla plummeted by a significant 21% on Tuesday, while shockwaves continue to be felt across global...Read More

United States-based electric vehicle maker Tesla's failure to be listed as an S&P 500 company led to a 20% share price fall on Tuesday September 8, that in turn led to a 4% fall in the Nasdaq index - markets are wondering whether this will be a catalyst for a broader reality check? Or just provide another dip-buying opportunity?Base metals prices on both the London Metal Exchange and Shanghai Futu...Read More

An overview of the minor metals markets andthe reasons for any price moves.Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday September 9.Key driversTighter titanium scrap availability persists, although is yet to manifest in pricing with current levels stable for ten consecutive weeks. Market sources expect the influence of tighter scrap availability - due to a fall in scrap generation in recent months while international economies slumped amid measures t...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....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 Cobalt standard grade, in-whs Rotterdam,...Read More

China's State Reserve Bureau (SRB) is going to start stockpiling cobalt metal in the near future, market sources told Fastmarkets on Wednesday September 9.One producer source told Fastmarkets they had received a notice from the country's reserve authority late in the evening in China, informing them to collect a tender document the next day - Thursday September 10. It is still unknown, however, ho...Read More

Key data from Fastmarkets' pricing session in Shanghai on Wednesday September 9.Key drivers The continued rise in the futures market encouraged domestic suppliers to either raise offer prices again or hold back from offering before more gains ahead. The October indium contract on the Wuxi Stainless Steel Exchange, for example, closed at 1,410 yuan ($206.08) per kg on September 9, up by 13.3% from...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.Read More

The latest forecasts from Fastmarkets' team of base metals analysts are ready to view.Aluminium: SHFE tailwind for LME pricesAs we are entering the traditional strong demand season, we expect Chinese aluminium demand to show further recovery, and we expect demand from existing end-user sectors, new infrastructure projects and the export sector to show some increases. As a result, we believe that S...Read More

Precious gemstones miner Gemfields (LSE: GEM) is stepping up efforts to market its emeralds and rubies in China after a report highlighted the "huge potential" for ethically sourced gems in the Chinese market.Based on research among gemstone owners across China, Gemstone says there is an opportunity to meet Chinese consumers' growing expectations of corporate responsibility and sustainability.The...Read More

Harte Gold (TSX: HRT) is back on track at its Sugar Zone mine in White River, Ontario. After restarting mining at the end of July and milling in early August, following a temporary shutdown at the end of March, the operation generated 3,200 oz. gold last month, in line with the record monthly output prior to the temporary shutdown.The mill has consistently operated at, or over, 800 tonnes per day...Read More

Struggling Petra Diamonds (LSE:PDL), which put itself up for sale in June, is facing allegations of human rights abuses by the security guards at its Williamson mine in Tanzania.The South African company said that UK-based law firm Leigh Day had filed claims in the High Court of England on behalf of 32 anonymous individuals. The accusations against Petra and the mine operator Williamson Diamond...Read More

Six months is an eternity in politics, but that's how long it's been since the Ontario government made a series of announcements at this year's Prospectors and Developers Association of Canada (PDAC) convention in Toronto, which were intended to show the province's support for the mining sector.Shortly after PDAC wrapped up, however, the provincial government found itself dealing with Covid-19. Th...Read More

Russian largest gold producer Polyus said on Monday that its second-quarter net profit rose 63% year-on-year to $684 million due to a 31% increase in gold prices.Read full newsRead More

The alliance has begun sampling around Sanru, Japan Gold's largest project, located on Hokkaido island.Read full newsRead More

The alliance has begun sampling around Sanru, Japan Gold's largest project, located on Hokkaido island.Read full newsRead More