Turkish domestic auto bundle scrap prices have inched downward over the past week thanks to the recent recovery in the value of the country's currency, while ship scrap prices remained fairly stable, market participants told Fastmarkets on Monday April 19.Domestic prices for long steel products and, therefore, auto bundle scrap in Turkey typically decrease in line with a stronger Turkish lira beca...Read More

Seaborne premium hard coking coal prices edged up slightly on Monday April 19.In the cfr market, imported coking coal prices were supported by positive market sentiment due to expectations of short supplies and rising domestic coking coal and metallurgical coke prices, while buying interest has started to revive after falling offer prices in the fob market, sources told Fastmarkets.Fastmarkets ind...Read More

Iron ore prices in the seaborne market surged on Monday April 19, supported by active trading at Chinese ports and demand from steel mills ahead of the Labor Day holiday. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $181.80 per tonne, up $3.37 per tonne 62% Fe low-alumina fines, cfr Qingdao: $182.55 per tonne, up $3.99 per tonne 58% Fe fines high-grade premium, cfr Qingdao: $157.49 per...Read More

Seaborne iron ore pellet and concentrate prices increased in the week to Friday April 16, amid growing demand driven by the ongoing emissions restrictions in the Chinese steelmaking hub of Tangshan, sources told Fastmarkets.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $206.96 per tonne, up $6.90 per tonne.65% Fe blast furnace pellet, cfr Qingdao: $231.12 per tonne, up $2.14 per ton...Read More

Base metals prices were mixed on both the London Metal Exchange and the Shanghai Futures Exchange this morning, Monday April 19, while broader markets were generally upbeat, save in India where a surge in Covid-19 infections is weighing on equities. Strength in gold, the yen and weaker bond yields could suggest a pick-up in haven demand......but there are few signs of nervousness in equity markets...Read More

British speciality chemicals firm Johnson Matthey (JM) has secured long-term supply agreements for both cobalt and lithium with major producers, while scaling up its battery materials business in Europe, it said on Monday April 19.JM also announced a strategic partnership with Finnish Minerals Group for the construction of a second cathode manufacturing plant in Finland.The nameplate capacity of t...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...Read More

Key data from the pricing session in Shanghai on Friday April 16.Key drivers China's domestic bismuth price continued to decline amid weak demand. Output cuts at some plants in Jiangxi and Hunan provinces due to ongoing environmental inspections failed to provide support to the market. Market...Read More

The European ferro-silicon market seems set to test the March 2018 price range of ?,?1,650-1,700 per tonne, with suppliers reporting several sales of standard-grade material for prompt delivery already done at ?,?1,620 per tonne.One regular trading company said it is not offering any such material below ?,?1,600 ($1,916) per tonne, although the bulk of sources suggest a range between ?,?1,500-1,60...Read More

Are mining companies being held back by their board composition? SPONSOREDswannEmmerson's premium offeringSPONSOREDemmerson plcAlto emerging on song at SandstoneSPONSOREDalto metalsReady for development copper-gold projectSPONSOREDjosemaria resources incComments last week from two mining leaders, and a series of questionable deals involving assets in Africa, demonstrated the connection between...Read More

Lithium miners Galaxy Resources (ASX: GXY) and Orocobre (TSX: ORL; ASX: ORE) have agreed to a merger that would create a US$3.1 billion (A$4 billion) company, set to be the world's fifth largest producer of lithium chemicals, the refined form of the raw material used to make EV batteries.The business combination, the biggest mining sector deal of the year so far, will unlock significant synerg...Read More

Equinox Gold (TSX: EQX; NYSE: EQX) has sold its Pilar gold mine in Brazil for US$38 million in cash as part of a portfolio optimization strategy that includes increasing its stake in the Greenstone project in Ontario, Canada.As part of the deal, buyer Pilar Gold Inc. is also giving Equinox a 9.9% equity interest in the gold mine and a 1% net smelter returns royalty on production.Pilar, a complex...Read More

I've covered the mining industry for more than a decade and during that time have had many opportunities to listen to presentations and speeches by Ivanhoe Mines' founder Robert Friedland. I also interviewed him at length for an article about his career when The Northern Miner gave him a Lifetime Achievement award in May 2017.But I think his remarks last week at the CRU World Copper Conference wer...Read More

The S&P/TSX Composite Index rose 0.64% to 19,351.32 during the April 12-16 trading week. The S&P/TSX Global Mining Index jumped 4.81% to 111.25, and the S&P/TSX Global Base Metals Index climbed 6.49% to 172.36. Spot gold rose US$32.30 per oz., or 1.85%, to US$1,776.50 per oz., and the S&P/TSX Global Gold Index increased by 3.49% to 312.62.Barrick Gold gained $1.24 to finish the week at $27.81 pe...Read More

Carbonate prices have doubled year-to-dateRead full newsRead More

CEO Poddar hoping to capitalise on rising investor interest in graphiteRead full newsRead More

Mining giant Rio Tinto Plc has tried for more than a quarter century to launch Arizona's Resolution copper project, which would be one of the world's largest underground mines.Read full newsRead More

A battery isRead full newsRead More

Early last year, Darrin Lewis paid $800,000 for a hardware store in a tiny Arizona town where mining giant Rio Tinto Plc hopes to build one of the world's largest underground copper mines.Read full newsRead More