Outright cobalt hydroxide prices continued to rise over the past fortnight, but gains were capped after consumers demonstrated less urgency in their need to restock the material.Fastmarkets' cobalt hydroxide index 30% Co min, cif China was at $11.89 per lb on Friday September 4, up by 7 cents per lb (0.6%) from $11.82 per lb on August 21.Negotiations for units both on the water and in local bonded...Read More
Key data from the Friday September 4 pricing session in Shanghai.Key drivers Exporters continue to raise offer prices given the strength in the domestic market and perception of a firmer yuan against the dollar. The range of upward price adjustments varied, however, with some exporters even offering...Read More
Timothy Ray Sewell is no stranger to pandemics. In the early 2000s, he developed emergency management plans in Indonesia and Borneo for BHP Billiton during the H1N1 influenza pandemic and the H5N1 avian influenza. Years later, Sewell was working for BHP in West Africa and Sundance Resources in central Africa as the first sporadic cases of Ebola emerged on the continent.Now the senior director of h...Read More
More than 1,800 people from over 80 countries tuned in to The Northern Miner's first Global Mining Symposium last week. The three-day virtual event built on the success of our Canadian Mining Symposium conferences, now in their fourth year, and featured interviews and panel discussions with mining executives, fund managers and technical experts from around the world.In the first panel discussion,...Read More
A new set of guidelines has been released called the Global Industry Standard on Tailings Management to help strengthen mining practices, with the goal of zero harm to people and the environment.Prepared by the United Nations Environment Program, Principles for Responsible Investment (PRI) and the International Council on Metals and Mining (ICMM), the standard is a direct response to a series of l...Read More
Auroch taps into further nickel potentialSPONSOREDauroch mineralsAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 2588 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyThat's a question guaranteed to keep mining company chief executives awake at night because for the past 20 years China has been the...Read More
Brazilian miner Vale SA said it has not reached an agreement with Australia's New Century Resources Ltd to sell its stake in New Caledonia nickel project and now is preparing to potentially shut it down, according to a securities filing on Monday.Read full newsRead More
VANCOUVER, BC, Sept. 3, 2020 /CNW/ - First Energy Metals Ltd. (CSE: FE) ('First Energy' or the 'Company) is pleased to announce assay results of s...Read full newsRead More
Sep 04, 2020 (The Expresswire) --Global "Gold Market" research report presents a detailed analysis of the industry by size, growth rate, top key players,...Read full newsRead More
There is a strong disconnect between the stock market and the economy. The S&P/TSX Composite Index has surged 44% from its March sell-off, while Canada’s gross domestic product (GDP) fell 11.5% in the second quarter. When the famous value investor Warren Buffett hoarded cash and sold off troubled stocks in the March crash, he received a lot of criticism for his actions. But it seems like...Read More
The stock market recovered too fast from the March lows, while the economy continues to struggle amid uncertainty. The growing discord between the stock market and economy is leading many to believe that another crash is near. Last week’s sharp selloff further strengthened the belief.However, reopening of the economy, high liquidity, and gradual improvement in the labour market indicates oth...Read More
This year has already been my most successful year of investing by far. I've consistently been bagging gold gains in the order of five- and six-figures.I've never seen anything like it. Subscribers are having similar experiences and they've never seen anything like it either. This gold trading strategy is already paying off while the rest of the world and markets are witnessing mayhem.My email...Read More
Sep 08, 2020 Guest(s): Lyn Alden Founder, Lyn Alden Investment Strategy With valuations overstretched as they are, another correction on the same scale as what we saw in March this year is becoming more and more possible, said Lyn Alden, founder of Lyn Alden Investment Strategy."I think there's a rising probability for [a correction]. So, we've had a really strong rally from the March bottom. St...Read More
Here are five Fastmarkets stories you might have missed on Tuesday September 8 that are worth another look.Japanese blast furnace (BF)-based steel mills have been using more scrap in their basic oxygen furnaces in recent weeks due to a rise in steel production and high costs for iron ore, market participants told...Read More
Weekly Reports |Sep 08 2020The uranium price slide continues, despite nuclear power programs advancing in America and China.-Nuclear generation reached a near-record high in 2019-Weekly spot prices fall just under one percent-Nuclear power plants advanced in America and ChinaBy Mark Woodruff.Nuclear generation reached a near-record high in 2019, enough to meet more than 10% of the world's electric...Read More
London Metal Exchange three-month base metals prices trended lower at the close on Tuesday September 8 with concern over macro-economic headwinds inspiring a sell-off across the complex.While macroeconomic developments - including promises of increased infrastructure spending and hopes of a trade deal between China and the United States - have supported recent price increases, some...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comSep 8, 2020 To view the US government’s current report card, please click here now. The government saved nothing to prepare for any type of crisis, and the result of that failure is obvious. Please click here now. Double-click to enlarge this important weekly gold chart.As horrifyin...Read More
Raffmetal - Europe's largest secondary aluminium producer - has been awarded the Aluminium Stewardship Initiative (ASI) 'Performance Standard' certification for its refining operations in Casto, Italy, the company told Fastmarkets on Tuesday September 8.Raffmetal's accreditation is the latest in a slew awarded in 2020, including primary aluminium producers Alvance Aluminium and Impol, while other...Read More
As part of the process Excellon plans to undertake a 5:1 share consolidation to reduce the number of shares issued and outstanding from 159.9 million to about 32 million.Read More
From cars to air-conditioning units, copper intensive sectors are showing signs of an unexpected boom in China, prompting calls that the metal's price could rise further into next year amid shrinking supply stocks, Fastmarkets understands.Hitting $6,380 per tonne last week, the London Metal Exchange's three-month copper price has surged past pre-pandemic levels to its highest since June 2018, desp...Read More