Seaborne coking coal prices were relatively stable on Wednesday June 17 and Chinese market participants believe prices will remain flat for the near term. Fastmarkets indices Premium hard coking coal, fob DBCT: $108.18 per tonne, down $0.18 per tonne Premium hard coking coal, cfr Jingtang: $117.34 per tonne, down $0.01 per tonne Hard coking coal, fob DBCT: $89.41 per tonne, unchanged Hard coking c...Read More

Seaborne iron ore prices weakened on Wednesday June 17 amid concerns over the demand outlook for steel products.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $104.09 per tonne, down $0.76 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $106.43 per tonne, down $1.37 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $92.78 per tonne, down $1.23 per tonne. 65% Fe Brazil-o...Read More

BHP has appointed David Lamont as its new chief financial officer effective December 1, 2020, ahead of the departure of the current CFO Peter Beaven, the company announced on Wednesday June 17.Currently Lamont is the CFO of the Australia Stock Exchange-listed biotech company CSL, a position he has held since January 2016.Read More

The Shanghai Futures Exchange aluminium price uptrend will last at least until the end of June on recently strong downstream demand but new aluminium projects as well imported material may cap that, several aluminium market experts said to Fastmarkets on June 16.The SHFE aluminium price stood at 13,875 yuan ($1,957) per tonne on June 16, up 270 yuan from Monday's close at 13,600 yuan per tonne. Th...Read More

China's domestic rebar prices dropped slightly on Wednesday June 17 amid concerns over whether the construction sector would come under restrictions due to a fresh Covid-19 outbreak in Beijing.Domestic Eastern China (Shanghai): 3,550-3,580 yuan ($501-505) per tonne, down by 20 yuan per tonneMarket participants are worried that construction sites in Beijing would have to stop work to contain the sp...Read More

The London Metal Exchange three-month nickel price held just above $13,000 per tonne during morning trading on Wednesday May 17, having rallied by 2.2% at the previous day's close and shrugged off a marginal 180-tonne inflow of stock into Kaohsiung, Taiwan. The LME three-month nickel contract was recently trading around $13,015 per tonne, remaining above the $13,000 per tonne psychological level b...Read More

Markets were mixed this morning, Wednesday June 17, while bullish sentiment continues to be fueled by government liquidity and stimulus but Covid-19 concerns and economic reality remain headwinds.Asian-Pacific equity markets were mixed this morning, but pre-market major western equity index futures were weaker. Passenger car registrations in the European Union fall by 52.3% year on year in May, Ap...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...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 it applies. Fastmarkets assessed cobalt...Read More

An overview of the minor metals markets and the reasons for their latest 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 it applies. Fastmarkets assessed cobalt...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday June 17.Key driversEuropean ferro-titanium and scrap markets drop amid quiet demand, resuming losses after briefly stabilizing last week. Market sources expect to find a floor at present price levels until the third quarter when scrap arisings - which have been falling for several weeks while international lockdowns due to...Read More

The second day of the Canadian Mining Symposium (CMS) went global on June 17, with the virtual event bringing together another set of speakers from across a wide spectrum of the industry. The sessions ran the gamut from technical presentations to discussions with junior miners, as well as in-depth and personal conversations with some of the biggest names in the business.The morning began with Anth...Read More

The fifth instalment of the Canadian Mining Symposium kicked off on June 16. In light of the Covid-19 pandemic, this year's event has been moved from the auspicious setting of Canada House in London, U.K., to the virtual realm.The symposium now boasts over 2,166 attendees from 83 countries consisting of mining experts from across the spectrum, including CEOs, managing directors, and presidents to...Read More

Dominion Diamond Mines is suing DDMI, its associate in the iconic Diavik mine and a subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO), for alleged breach of contract and acting against the best interests of the partnership.The lawsuit, filed on Tuesday in the Supreme Court of British Columbia, Canada, alleges that Diavik Diamond Mines, which owns 60% of Diavik, has operated the mine in a manner that s...Read More

A preliminary economic assessment (PEA) for Osisko Metals' (TSXV: OM; US-OTC: OMZNF) wholly owned Pine Point project in the Northwest Territories outlines an 11,250 tonne per day open-pit and underground operation, mining 47 small open pits and eight high-grade shallow underground deposits.The proposed 10-year mine would produce an average of 327 million lb. of zinc and 143 million lb. of lead ann...Read More

Northern Dynasty Minerals (TSX: NDM; NYSE-AM: NAK), the company behind a proposed massive copper-gold mine in southwest Alaska, has announced a revenue sharing program for full-time residents of Bristol Bay.The initiative would distribute a 3% of the revenue generated from the Pebble copper-gold-silver mine among adult locals who subscribe as participants of the "Pebble performance dividend" plan....Read More

At 5,500 meters above sea level, a team of four from a major Chinese zinc smelter was driving up a snowy mountain in the summer of 2018, on their way to the country's largest known zinc-lead deposit - the Huoshaoyun deposit southwest of Hotan County in the Xinjiang Uyghur Autonomous Region.But the field trip came to an abrupt end when the team was just two hours away from the site.  "We...Read More

Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesI noted several months back, possibly on more than one occasion, that I felt we were entering, or indeed, well into, Cold War II.Read More