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...Read More

An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More

Several minor metals found support on Wednesday August 26 following price increases in China, with traders expecting higher replacement costs in the coming weeks despite consumers and demand not fully back in the spot market, Fastmarkets heard.The price of bismuth in Europe edged up over the assessment week, with traders that spoke to Fastmakets reporting difficulty finding available material in b...Read More

For over a century, the mines of Silver Valley in the Coeur d'Alene Mountains in northern Idaho have been a source of tremendous mineral wealth.From the mid-1880s, those mines have yielded almost 10 million tonnes of zinc, lead and silver.The region's most famous mine, Bunker Hill, was first discovered in 1885 by Noah Kellogg. (In 1894, the nearby Milo prospecting camp was renamed in his honour, e...Read More

Canada's Barrick Gold (TSX: ABX; NYSE: GOLD) said it would challenge the Papua New Guinea (PNG) government's reported move to grant a 20-year lease for the Porgera gold mine to a state-backed firm.The world's second-largest gold producer and its Chinese partner, Zijin Mining, are embroiled in a dispute with Prime Minister James Marape, who in April rejected their application for a lease exte...Read More

OceanaGold (TSX, ASX: OGC) said that the outlook at its Haile gold mine in South Carolina is "uncertain" after 18 staff members tested positive for Covid-19 since June.According to the company, approximately 220 workers have been required to self-isolate for a two-week period at some point since the beginning of March."This has had an impact on material movement, which is key to accessing some of...Read More

Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Cauchar?--Olaroz lithium project under development in Jujuy, Argentina.As part of the agreement, Ganfeng has subscribed for new shares of Minera Exar SA, the joint venture company that holds the Cauchari-Olaroz project, for cash consideration of US$16 m...Read More

Canada will have its first rare earth processing plant in operation by the end of 2022, as the province of Saskatchewan has committed $31 million to build a new facility to provide a domestic supply of the key ingredients for military weapons, electric vehicles and smartphones.The process of turning rare earth elements (REE) ore into individual products is done in two main stages. The first is the...Read More

UK inter-merchant spot prices for light iron scrap were unchanged in the week to Friday August 28 due to the upcoming summer bank holiday in the country keeping trading quiet, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK was ?95-105 ($125-138) per tonne on Friday, unchanged week on week.The market was qui...Read More

South Korean steel mills were able to secure deals for Japanese heavy scrap at largely stable prices over the past week, capitalizing on the mixed outlook in east Asian scrap markets.The direction of the Japanese market was unclear at the start of the week, sources said, with Turkey still absent from booking and a rising number of Japanese heavy scrap cargoes being offered.One Japanese trader told...Read More

Demand for ferrous scrap imports in the key Southeast Asian market of Vietnam remained firm in the week to Friday August 28.At least five cargoes totaling 20,000-30,000 tonnes of bulk Japanese H2 scrap were sold at $293, $294, $295, $296 and $298 per tonne cfr Vietnam."Many buyers who were hesitating last week finally entered the market and started buying," a Vietnamese trader told Fastmarkets on...Read More

The ongoing strong performance in India's ferro-chrome market has been a tailwind for the Japanese and South Korean markets, with suppliers pushing up their offer prices even though these had not yet fed into confirmed business, sources told Fastmarkets. Fastmarkets' fortnightly price assessment for ferro-chrome, high carbon, 57-65% Cr, cif dup Japan ticked up to $0.68-0.72 per lb on Thursday, up...Read More

Elon Musk promises a "giant contract" with the miner that can supply nickel for Tesla Inc. batteries at low cost with minimal environmental impact, yet the industry's messy track record may make that deal difficult to clinch.Read full newsRead More

The total capitalisation of the crypto market has receded by $16.7 billion over the last seven days. Bitcoin lost almost 5% last week, while the restRead full newsRead More

Canada Silver Cobalt (TSX-V: CCW) presents at the Proactive One2One Virtual ForumRead full newsRead More

Granada Gold Mine Inc. is pleased to announce that the Company haRead full newsRead More

Golden Arrow Resources Corporation is pleased to report that drilRead full newsRead More

Gold has turned out to be a safe haven during this pandemic. Along with technology, it is another investment that analysts are assessing for a bubble. Many experts are saying that gold is experiencing a bigger bubble than technology.Investors use gold to hedge against market volatility and inflation. The pandemic and resulting market chaos have quickly appreciated the market value of the gold comm...Read More

Aug 28, 2020 Gold was unable to re-take $2,000 level this week. But there was plenty of volatility keeping investors on their toes.The biggest event was Fed Chair Jerome Powell introducing a new approach to setting monetary policy, which lets inflation and employment run higher. The Fed will now seek inflation that averages 2% over time. This shift ensures that interest rates remain low for years...Read More

In a pre-Jackson Hole interview, bond strategist George Goncalves paints a picture for bond bears that depicts how long-bond Treasury yields could head higher in the weeks ahead. While 2021 may well be a different story, the amount of Treasury supply about to hit the market may reveal a Fed that is willing to let the long end of the bond market steepen.That is a theme we have been discussing in o...Read More