Autonomous Truck. Image from Rail Veyor. Sudbury, Ontario-based Rail-Veyor Technologies (RVTG) won first place in the fourth annual Mining Cleantech Challenge, which took place virtually on July 23. Alongside the winning title, the company received a $5,000 prize, which RVTG announced would be used for education-based marketing.With 13 companies representing the US, Canada, Australia, and the U...Read More

The junior miners website has a directory of junior mining companies. After cleaning out the ones that no longer exist and adding in the new ones that have started up, I think there is about 2400 public junior companies out there listed on various exchanges. A lot of these newer juniors are formed to take advantage of the higher gold and silver prices we are seeing lately and are out on the hunt f...Read More

Here are five Fastmarkets stories you might have missed on Monday August 10 that are worth another look.Production activity has come under threat at Belarus Steel Works (BMZ) with workers protesting against the result of the country's presidential election on Sunday August 9.Liberty House Group,...Read More

Copper futures on the London Metal Exchange sold for more than $6,400 per tonne in afternoon trading on Monday August 10, starting the week on the front foot after a slump last Friday.At the 5pm close, 3-month copper futures were settled at $6,395 per tonne, a 1.4% gain from last Friday, when news of Chilean supply strength proved negative for market sentiment. The price had been as high as $6,428...Read More

Liberty House Group, part of GFG Alliance, is interested in purchasing Alcoa's San Cipri??n aluminium smelter in Spain, sources told Fastmarkets. Alcoa launched an informal process with the workers' representatives to discuss collective dismissals at San Cipri??n on May 28. The company announced last week that the formal consultation period for collective staff dismissals at the Spanish aluminium...Read More

Liberty House Group, part of GFG Alliance, is interested in purchasing Alcoa's San Cipri??n aluminium smelter in Spain, sources told Fastmarkets. Alcoa launched an informal process with the workers' representatives to discuss collective dismissals at San Cipri??n on May 28. The company announced last week that the formal consultation period for collective staff dismissals at the Spanish aluminium...Read More

Jack ChanPosted Aug 10, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.(Click on image to enlarge)Higher prices, lower speculation. A divergence.Our ratio is now on SELL signal.$HUI broke resist...Read More

Fastmarkets will change the publication day of its European and seaborne price assessments, indices and indicators covering chrome ore and ferro-chrome to Tuesday, from Friday.Fastmarkets will change the publication day of its European and seaborne price assessments, indices and indicators covering chrome ore and ferro-chrome to Tuesday, from Friday. The prices involved are: MB-FEC-0004 - Fer...Read More

Shares in Nubian Resources (TSXV: NBR) shot up 40% on Friday as it said Sprott intended to acquire "the entirety" of its C$4.2 million offering priced at 42c per unit."Nubian management appreciates Eric Sprott's support, not only for our own company but his unmatched commitment to support the mineral exploration industry," president and CEO Martin Walter said.The company has a silver project in Pe...Read More

The potential for import duties has already tightened supplies with importers likely to seek alternative offshore supplies to fill potential supply gaps.Read More

Here are five Fastmarkets stories you might have missed on Monday August 10 that are worth another look.Production activity has come under threat at Belarus Steel Works (BMZ) with workers protesting against the result of the country's presidential election on Sunday August 9.Liberty House Group,...Read More

Cobalt intermediates prices continued to climb up on limited spot availability while demand remained healthy after some smelters opted to restock in light of the strong upswing in cobalt salts' prices, Fastmarkets heard. Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China moved higher to 76.5-77.5% against standard-grade cobalt price (low end) on Friday August 7, up 1% from the...Read More

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that Michael Konnert has been appointed to the Board of Directors. In addition, a second core drilling rig has recently been mobilized to site and is now drilling high priority targets on the project as part of the ongoing 7,500 m program.Key HighlightsBoard of Directors App...Read More

The domestic ferrous scrap sector in the United States is enjoying renewed strength that is expected to continue through September - and possibly longer - due to a robust export market, constrained supply and improving steel mill run rates that have created a sellers' market."Mills have been out of the market and have burned through inventory and will have to come back for a lot more. The blip of...Read More

The resolutions passed through both the state Senate and Assembly and constitute a first step to increasing taxes on mining.Read More

The Turkish steel producers have continued their purchases of deep-sea scrap for September shipments, sources said on Monday August 10.Three steel mills booked cargoes from the Baltic Sea and the United States late on August 7.A steel mill in the Iskenderun region booked a US cargo, comprising 18,000 tonnes of HMS 1&2 (90:10) at $288 per tonne, 3,000 tonnes shredded at $290 per tonne and 6,000 ton...Read More

Fastmarkets is proud to launch its first monthly Ferrous Analytics report, which will help subscribers keep track of hot metal costs and steel production spreads in China, as well as key pricing components of the steelmaking raw materials supply chain in Asia.Readers will find raw material-finished steel spreads, iron ore differentials and scrap differentials all calculated and condensed...Read More

Markets are looking mixed this morning on Monday August 10, while traders weigh up the cross winds blowing through the markets, Fastmarkets learned.United States President Donald Trump's intervention to step in to extend unemployment benefit after Congress failed to come up with a rescue package has provided some support, but his executive orders focused on Chinese tech companies only go further t...Read More

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5% basis, China ex-works, yuan/tonneThe exchange rate on Friday August 7 at 55,000 yuan to $7,892.Friday August 7New price at 55,00...Read More

Cobalt intermediates prices continued to climb up on limited spot availability while demand remained healthy after some smelters opted to restock in light of the strong upswing in cobalt salts' prices, Fastmarkets heard. Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China moved higher to 76.5-77.5% against standard-grade cobalt price (low end) on Friday August 7, up 1% from the...Read More