Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.AVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsThe first hole returned 585m grading 0.51% copper-equivalent, comprising 0.33% copper, 0.21 grams per tonne gold and 0.45g/t silver, including a higher-grade interval of 213m at 0.75% Cu-eq.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 energyThe IDP comprises three components, including a 6Mtpa bankable feasibility study for the standalone Kakula project; a prefeasibility...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 energyThe IBA includes a roster of commitments and benefits for communities including impact mitigation, employment, education, training an...Read More

United States-based electric vehicle maker Tesla’s failure to be listed as an S&P 500 company led to a 20% share price fall on Tuesday September 8, that in turn led to a 4% fall in the Nasdaq index – markets are wondering whether this will be a catalyst for a broader reality check? Or just provide another dip-buying opportunity?Base metals prices on both the London Metal Exchange and Sha...Read More

After two months of sequential increases, ferrous scrap exports from the United States declined in July, with shipments falling by 12% overall from June levels on reduced deliveries to Canada and Turkey. US exports of ferrous scrap totaled 1.24 million tonnes in July, down from 1.41 million tonnes in June and 1.40 million tonnes in May, according to the latest figures from the US Census Bureau.Shi...Read More

Turkish steel mills have been busy in the deep-sea scrap market in recent weeks and booked four more cargoes totaling more than 150,000 tonnes on Wednesday September 9, sources told Fastmarkets.A steel mill in the Marmara region booked a US cargo, comprising 20,000 tonnes of HMS 1&2 (80:20) at $301 per tonne cfr, 12,000 tonnes of shredded at $306 per tonne and 8,000 tonnes of bonus at $311 per ton...Read More

Novolipietsk Steel (NLMK), the largest steel producer in Russia, has stopped iron ore concentrate output at its Stoilensky mining and processing plant due to an accident, which occurred on September 7, Fastmarkets understands.NLMK receives all its required iron ore concentrate from the asset, which is why both its pig iron and steel production are under threat, sources told Fastmarkets. "On Septem...Read More

Walgreens Boots (WBA), a Dow Jones Industrial stock moved below $35.83 extending an intermediate downtrend.Pre-opening Comments for Wednesday September 9thU.S. equity index futures were higher this morning. S&P 500 futures were up 29 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US75.65 cents prior to the Bank of Canada's economic update released at 10:00 AM EDT. T...Read More

Seaborne iron ore prices fell on Wednesday September 9 amid limited demand in the steelmaking hub of Tangshan, according to trade sources.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $126.54 per tonne, down $2.58 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $126.83 per tonne, down $2.33 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $114.93 per tonne, down $0.26 per tonne....Read More

The seaborne premium hard coking coal cfr index skyrocketed on Wednesday September 9 following a transaction of premium mid-volatility hard coking coal done at $120 per tonne, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $111.65 per tonne, up $1.18 per tonne Premium hard coking coal, cfr Jingtang: $127.18 per tonne, up $11.58 per tonneHard coking coal, fob DBCT: $87.26 per t...Read More

Japanese export steel scrap prices jumped on Wednesday September 9 following a strong increase in the Kanto auction for the second month running, market sources told Fastmarkets.Japan's Kanto Tetsugen, a monthly auction between a cooperative of scrap dealers in the Tokyo region, closed at ?29,370 ($276) per tonne fas on Wednesday, up by ?2,154 per tonne from the previous month.August's auction p...Read More

Nickel premiums in China continued their ascent in the week to Tuesday September 8 after demand strengthened while premiums in the United States fell after demand weakened in the region, sources told Fastmarkets. China NPI, nickel sulfate prices rose anew amid robust demandUS nickel briquette premiums widened down with stainless demand feebleEuropean premiums held in an illiquid spot market, with...Read More

Hot-rolled coil buyers in Vietnam and Pakistan retreated from the market on Wednesday September 9 following continuous declines in Chinese prices, according to market participants.DomesticEastern China (Shanghai): 3,920-3,950 yuan ($573-578) yuan per tonne, down 60-70 yuan per tonneSellers in Shanghai were offering HRC at 3,950-3,960 yuan per tonne during the morning, but were forced to cut offers...Read More

- Record gold prices render PEA, due diligence assumptions, and March 2020 internal estimates conservative- Expands strategic direction to pursue developing environmentally sound mining operations at the CK Gold ProjectELKO, Nev., Sept. 9, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to provide an exploration update fo...Read More

Gains in London Metal Exchange three-month base metals prices were broadly capped during morning trading on Wednesday September 9 with futures prices failing to fully retrace gains after the previous day's plunge in US equities markets.Most notably, stocks in high-profile electric vehicle (EV) maker Tesla plummeted by a significant 21% on Tuesday, while shockwaves continue to be felt across global...Read More

United States-based electric vehicle maker Tesla's failure to be listed as an S&P 500 company led to a 20% share price fall on Tuesday September 8, that in turn led to a 4% fall in the Nasdaq index - markets are wondering whether this will be a catalyst for a broader reality check? Or just provide another dip-buying opportunity?Base metals prices on both the London Metal Exchange and Shanghai Futu...Read More

An overview of the minor metals markets andthe reasons for any price moves.Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday September 9.Key driversTighter titanium scrap availability persists, although is yet to manifest in pricing with current levels stable for ten consecutive weeks. Market sources expect the influence of tighter scrap availability - due to a fall in scrap generation in recent months while international economies slumped amid measures t...Read More

The cobalt alloy grade, in-whs Rotterdam, $/lbtrade 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....Read More

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 assessed Cobalt standard grade, in-whs Rotterdam,...Read More