Aluminium prices on the London Metal Exchange set fresh multi-year highs on Wednesday April 21, while copper and tin shied away from previous highs, and the rest remain rangebound this morning.India reported 315,000 new Covid-19 infections on WednesdayHaven assets on the riseBase metalsLME three-month base metals prices were down across the board by an average of 0.4% this morning, but volume has...Read More

Mining company CMOC and trading subsidiary IXM will join the RCS Global Group's Better Mining upstream assurance and impact initiative to improve the conditions for artisanal and small-scale mining, it said on Thursday April 22.The Better Mining program is active across 27 cobalt, copper and conflict minerals extraction sites. Its aim is to monitor and support the improvement of conditions in and...Read More

The latest tender from the Chelyabinsk Zinc Plant (CZP) for 500kg of indium, which took place in the week ended April 16, attracted only two bidders and was cancelled, Fastmarkets learned on Thursday April 22.The previous indium tender, a month earlier, had also been suspended.CZP is Russia's largest producer of special high-grade zinc and zinc alloys, and supplies indium as a by-product."Usually,...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

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

A summary of Anglo American's output figures for the first quarter of 2021, according to its production report published on Thursday April 22.In brief Copper output increased by 9% year on year in the first quarter due to strong performances at the Los Bronces and Collahuasi mines in Chile, but nickel production was down by 7% from the first quarter of 2020 and by 14% from the fourth quarter 2020,...Read More

A summary of China's minor metals exports for March 2021.In brief China's exports of indium increased due to the gradual recovery in overseas demand, with South Korea the main destination. China's exports of bismuth surged in March due to stock replenishment by overseas buyers. Most materials were...Read More

A summary of Australian miner OZ Minerals' copper and gold production results for the first quarter of 2021, as released on Thursday April 22.In brief The company reported a solid operational performance during the first three months of the year, with group production guidance said to be on track.With...Read More

Chinese stainless steel prices fell in the week ended Wednesday April 21 on sellers' need to destock and weakness in the nickel market.The three-month nickel contract on the London Metal Exchange ended the official trading session on Wednesday at $16,122 per tonne, down by $135 per tonne from $16,257 per tonne a week earlier.The most-traded June nickel contract at the Shanghai Futures Exchange clo...Read More

The European Commission (EC) has issued merger control clearance for the planned joint venture (JV) between Aurubis and TSR Recycling on April 22, clearing the way for the partnership to go forward, Aurubis said.The two German companies announced their intention to form a JV that would unite the cable dismantling activities of Aurubis' subsidiary Cablo Metall-Recycling und Handel (Cablo) and those...Read More

Silver producer Andean Precious Metals (TSXV: APM) listed on the Toronto Venture Exchange on March 29 with US$70 million in cash and the only producing oxide plant in Bolivia.Its predecessor company acquired the 5,500 tonne-per-day (1.65 million tonnes-per-year) San Bartolome plant in 2017 from Coeur Mining (NYSE: CDE), which had built it in 2008 at a cost of about US$188 million.Last year the pla...Read More

Since the beginning of the year, Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has enlarged its land package around its Kandiole project in western Mali from about 250 sq. km to a little over 400 sq. km; completed over 30,000 metres of drilling; and says it's on track and fully funded to undertake a total of at least 100,000 metres during the course of the full 12 months."It will be a newsy year because...Read More

China imported 31,496 tonnes of steel scrap in March of 2021, with 20,493 tonnes, or 65.1% coming from Japan, according to the country's General Administration of Customs.South Korea was the second-largest scrap supplier to China in March, supplying 6,290 tonnes, about 20% of China's ferrous scrap imports in the month, with Hong Kong (6.9% of the total) and Malaysia (3.9%) the other significant so...Read More

Millennial Lithium (TSXV: ML) announced that it was able to produce lithium carbonate of battery-grade purity from the first batch of brine processed through the company's pilot plant at its Pastos Grandes project in Argentina. Millennial said the plant produced lithium carbonate with a purity of 99.96%, just a bit over the typical battery-grade quality lithium carbonate of > 99.5% purity. Accor...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 incThe Sustainability Accounting Standards Board (SASB), founded in 2011, is one of a plethora of private, government and community groups vying...Read More

White Metal Resources (TSXV: WHM) says it has discovered a new gold zone at its Tower Stock gold project, 45 km from Thunder Bay in northwestern Ontario's Shebandowan greenstone belt.The company reported assays of 1.7 grams gold per tonne over 82.5 metres, including 3 grams gold per tonne over 45 metres, in drillhole TM-21-94, which was drilled about 340 metres south of the project's U-V Zone gold...Read More

Tata Steel has filed a lawsuit against Liberty Steel over its speciality steel business deal made in 2017, Fastmarkets heard on Thursday April 22.A Tata Steel spokesperson confirmed the company has filed a commercial court claim against Liberty Steel concerning the speciality steel division deal, however, the spokesperson declined to go into more details because this is an active case.Liberty Stee...Read More

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Amazon-backed home technology solutions provider SmartRent.com Inc said on Thursday it had agreed to go public through a merger with a blank-check firm backed by venture capital firm Fifth Wall, valuing the equity of the combined company at around $2.2 billion.Read full newsRead More