An overview of the minor metals markets and the reasons for any price moves.Read More
The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed...Read More
The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process...Read More
The tantalum concentrate price was trading under pressure this week after Chinese buying started to slow down. Fastmarkets assessed the price for tantalite, basis 25% min Ta2O5, cif China at $64-65 per lb on Friday July 24 - Fastmarkets first assessment of this price following an extended consultation - down from last week's $65-67 per lb. Tantalum prices had started to move up in A...Read More
The spot cobalt metal price in China continued to rally in the second half of the week following upturns in the local futures market since Thursday and a slight improvement in consumers' restocking appetite. Fastmarkets' assessment for cobalt 99.8% Co min, exw China rose to 255,000-265,000 yuan ($36,363-37,789) per tonne (equivalent to approx. $14.59-15.16 per lb, less China VAT) on Friday Ju...Read More
The Chinese domestic ferro-silicon market dipped in the most recent trading session due to the continuing sluggish downstream magnesium market and easing supply concerns, with smelters ramping up their operations. Fastmarkets' price assessment for ferro-silicon 75% Si min, in-whs China was 5,800-5,900 yuan ($828-842) per tonne on Wednesday July 22, down by 100 yuan (1.7%) from 5,900-6,000 yua...Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves. Read More
July 24, 2020 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce a non-brokered private placement of a combination of units and flow-through shares of the Company for gross proceeds of up to C$4,000,000 (the “Offering“). Each unit (a "Unit") is being offered at a price of C$0.25 and will be comprised of one common share of the Company a...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesOf the major diversified miners, BHP posted a record quarter and year of iron ore production, capitalising on unexpe...Read More
The U.S. Bureau of Land Management has approved the development of the northern route to provide access to the Ambler mining district in northwest Alaska.According to South32 (ASX: S32) and Trilogy Metals (TSX: TMQ; NYSE: TMQ), partners in Ambler Metals, the Record of Decision (RoD) approves the development of the northern, or "A" route, which is to be a 211-mile-long gravel private access road in...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesBut while these improvements are important, the mining industry still has significant work to do on the SHE front.Th...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesThis is the latest in a long list of organisations proposing ways for the global mining industry to recover from COV...Read More
The stars continue to align for precious metal prices, driven higher by unprecedented economic and political uncertainty and enormous monetary and stimulus programs.This week leaders of the European Union agreed on a landmark 750 billion euro (US$858 billion) stimulus package to assist countries hit hardest by the coronavirus."It's all creating an investment climate where investors are saying: 'We...Read More
Gold prices topped US$1,900 per oz. for the first time since 2011, heading for its biggest weekly gain in more than three months, as momentum builds from flaring geopolitical tensions and worries over global growth drive demand for safe-haven assets.Spot gold was up 0.6% at US$1,900.32 per oz. by noon. Earlier in the day, it reached an intraday high of US$1,906.40 per oz. - its highest level in ni...Read More
Northern Dynasty Minerals (TSX: NDM) has cleared the last environmental hurdle for its proposed Pebble copper-gold-molybdenum mine in Alaska almost two decades after developers first started considering the project.The U.S. Army Corps of Engineers has issued a final environmental impact statement (EIS), backing the controversial mine in the salmon-rich Bristol Bay.The decision opens the door for N...Read More
Taiwanese buyers bid lower for imported containerized ferrous scrap over the past week, but were largely unsuccessful in halting price gains.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $243-245 per tonne on Friday July 24, unchanged from a day earlier but up by $5 per tonne from $238-240 per tonne cfr T...Read More
Offers for Japanese steel scrap in key Vietnam import markets surged this week together with price increases in other parts of the world."The sustained price increases in scrap are catching some people by surprise. I am actually getting a little worried about the prices," a Vietnamese buyer told Fastmarkets on Wednesday July 22.There was a transaction at $255 per tonne cfr southern Vietnam on Thur...Read More
Where's Benoit?Read full newsRead More
New claims cover trends of gold-bearing horizons Vancouver, British Columbia--(Newsfile Corp. - July 24, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) (Read full newsRead More
TORONTO - Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce. Construction of the project, which is 30 per cent owned by Sumitomo Metal Mining Co., will start this summer with preparatory work including fish salvage, camp preparation and road access development. The project is expected...Read More