An employee of the Compagnie Mini??re de l'Ogoou?(C) (Comilog) manganese ore mine in Gabon, an Eramet subsidiary since 1996, has died of the Covid-19 infection, a company source told Fastmarkets on Thursday May 28."We learnt with great sadness of the death following Covid-19 of one of our Comilog employees at the regional hospital at Franceville," the source said. "Distancing measures are...Read More

By: Ira EpsteinFirst week of June a big week in US, many places re-opening. Lay-offs a big threat still and as the largest employers, and oh boy, there are going to be problems.Gold is acting very good..Read More

Here are five Fastmarkets stories you might have missed on Thursday May 28 that are worth another look.Japanese carmaker Nissan intends to close three plants at its Nissan Barcelona operations in Spain from December 2020, the company said on May 28. The units affected will be at Zona Franca, Montcada and Sant Andreu.The Canada Border Service Agency (CBSA) has begun an anti-dumping investigation in...Read More

Prices for cobalt salts in China, including cobalt sulfate and tetroxide, continued their upswing in the first half of this week, but the upward momentum has slowed after suppliers found it increasingly difficult to conclude deals at higher levels. Fastmarkets' assessment for cobalt sulfate 20.5% Co basis, exw China rose to 46,500-47,500 yuan ($6,493-6,632) per tonne on Wednesday May 27, up by 500...Read More

Here are five Fastmarkets stories you might have missed on Thursday May 28 that are worth another look.Japanese carmaker Nissan intends to close three plants at its Nissan Barcelona operations in Spain from December 2020, the company said on May 28. The units affected will be at Zona Franca, Montcada and Sant Andreu.The Canada Border Service Agency (CBSA) has begun an anti-dumping investigation in...Read More

Bangladeshi steel mills are expected to return to the deep-sea market for steel scrap in bulk and containers in the coming weeks, market sources told Fastmarkets on Thursday May 28.Purchasing activity in Bangladesh has been extremely slow over the past three weeks, with demand decimated by the Ramadan period and the country's continuing Covid-19 lockdown.But signs of life are returning after Eid-a...Read More

Turkish deep-sea scrap import prices increased slightly on news of fresh cargo deals heard on Thursday May 28.A steel mill in the Izmir region booked a European cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $246 per tonne, 5,000 tonnes of shredded at $251 per tonne and 5,000 tonnes of bonus at $256 per tonne cfr.Another steel mill in the same region...Read More

Prices for cobalt salts in China, including cobalt sulfate and tetroxide, continued their upswing in the first half of this week, but the upward momentum has slowed after suppliers found it increasingly difficult to conclude deals at higher levels. Fastmarkets' assessment for cobalt sulfate 20.5% Co basis, exw China rose to 46,500-47,500 yuan ($6,493-6,632) per tonne on Wednesday May 27, up by 500...Read More

Share this articleGreat Atlantic Resources Corp. [TSXV:GR] is pleased to announce it has begun the 2020 exploration program at its Golden Promise Gold Property, located in the central Newfoundland gold belt. Exploration will be conducted this year in numerous regions of the property focusing on areas of gold bearing quartz veins and quartz vein float and areas of gold soil geochemical anomalies. E...Read More

Cobalt is the battery raw material most likely to face supply disruption or inefficiency during Covid-19, according to a poll conducted during a Fastmarkets webinar last week.About 50% of respondents to the poll said cobalt would be most prone to disrupted supply or limited availability as a result of Covid-19; nickel and lithium each received 20% of respondents' votes, while the remaining 10% wen...Read More

We learned from Interview with Kargl-Simard, President, CEO and Director of Adventus Mining Corporation (TSX-V: ADZN; OTCQX: ADVZF), that they are an exploration and development company, focused on building a copper-gold business in Ecuador. Adventus Mining is run by an all-Ecuadorian team, has one of Ecuador's largest and most respected private organizations - Nobis Group of Ecuador - as one of i...Read More

Those who got in early on the cannabis boom, buying shares of some of these cannabis companies while many were still just penny stocks, made a lot of money.I'm talking about companies such as: Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), Aphria, Inc. (NYSE: APHA (TSX: APHA), Aurora Cannabis (NYSE: ACB) (TSX: ACB), Curaleaf (CSE: CURA) (OTCBB: CURLF), and Cronos Group (NASDAQ: CRON) (TSX: CRO...Read More

Here are five Fastmarkets stories you might have missed on Thursday May 28 that are worth another look.Japanese carmaker Nissan intends to close three plants at its Nissan Barcelona operations in Spain from December 2020, the company said on May 28. The units affected will be at Zona Franca, Montcada and Sant Andreu.The Canada Border Service Agency (CBSA) has begun an anti-dumping investigation in...Read More

Two weeks ago, I lost another friend to addiction.This is the second one this year.The first was a friend of mine who was a heroin addict and overdosed, after being clean for more than a year.The second, and most recent, was Nick, who I've known for about 20 years. We're still waiting on the toxicology report to find out what happened, but I'm certain prescription opioids were involved, as I know...Read More

Domestic prices for hot-rolled coil in Northern Europe have been fairly stable day on day and sources said they were unlikely to fall significantly despite slow demand, sources told Fastmarkets on Thursday May 28.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was ?,?406.88 ($446.92) per tonne on Thursday May 28, down by ?,?0.62 per tonne day on day from ?,?407.50 pe...Read More

Domestic prices for cold-rolled coil in Europe were almost unchanged over the week ended Wednesday May 27 despite poor demand, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel cold-rolled coil, domestic, exw Northern Europe, was unchanged at ?,?500-510 ($549-560) per tonne on May 27. The assessment, however, was down by ?,?30 per tonne month on month.The corresponding w...Read More

The path of Canadian stocks through the COVID-19 fog is likely to be guided by inflation expectations. We explain why in our INK Canadian Insider Index quarterly rebalancing video presentation released Tuesday. The video is free. After rebounding from March lows, inflation expectations are now consolidating. Should they move significantly up or down from here, their direction will likely signal i...Read More

Domestic long steel prices in Turkey have increased over the past week on an expected recovery in demand and improvement in imported scrap values, sources said on Thursday May 28.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Turkey, was 3,230-3,290 Turkish lira ($477-486) per tonne on Thursday, up from last week's 3,180-3,200 lira per tonne, including 18% VA...Read More

The Turkish export markets for steel rebar and wire rod have remained mostly quiet over the past week on limited demand, sources said on Thursday May 28.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $390-400 per tonne on Thursday, unchanged week on week.Turkish steel producers continued to...Read More

China's domestic rebar prices edged up day on day on Thursday May 28 amid active trading following futures gains, sources said. Domestic Eastern China (Shanghai): 3,510-3,540 yuan ($491-495) per tonne, up by 10 yuan per tonneSome end users increased procurement rates following the strong futures prices, although many others still kept their purchases limited, Fastmarkets heard.Stronger demand push...Read More