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Seaborne iron ore pellet, concentrate prices up on rising futures

June 08, 2021 / www.metalbulletin.com

Prices for seaborne iron ore pellets and concentrate rebounded in the week ended Friday June 4 following an uptrend in the futures market despite limited liquidity.Fastmarkets iron ore indicesIron ore pellet premium over 65% Fe fines, cfr China: $60.80 per tonne, down $0.20 per tonne. 65% Fe blast furnace pellet, cfr Qingdao: $290.99 per tonne, up $11.17 per tonne.66% Fe concentrate, cfr Qingdao:...Read More

CHINA HRC: May's lower exports weigh on domestic prices

June 08, 2021 / www.metalbulletin.com

China's domestic hot-rolled coil prices tumbled on Monday June 7, the first working day of the week, following the release of data showing a big drop in exports in May.DomesticEastern China (Shanghai): 5,500-5,510 yuan ($859-861) per tonne, down by 80-120 yuan per tonne.The latest customs data shows that the country's steel exports fell by a third last month in comparison with April, following the...Read More

CHINA REBAR: Tangshan's curbs on rerollers cushion price descent

June 08, 2021 / www.metalbulletin.com

China's domestic rebar prices dropped on Monday June 7 on falling futures, albeit at a much smaller amount amid the emergence of more steelmaking restrictions in the country's production hub of Tangshan in the northern region.DomesticEastern China (Shanghai): 5,000-5,030 yuan ($782-786) per tonne, down by 30 yuan per tonneRerolling mills in Tangshan's Fengrun district have been ordered to cut prod...Read More

COBALT HYDROXIDE SNAPSHOT: Payables widen down with buyers staying out of market

June 08, 2021 / www.metalbulletin.com

Key data from the Friday June 4 pricing session in London and China.Key drivers Cobalt hydroxide payables widened down, with some suppliers reporting that buyers would not pay at the top of the range. Buyers have been resisting higher offers for some weeks, without...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

June 08, 2021 / www.metalbulletin.com

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.Fastmarkets...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

June 08, 2021 / www.metalbulletin.com

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

PEOPLE MOVES: Umicore appoints Miedreich CEO

June 08, 2021 / www.metalbulletin.com

Belgian battery-materials manufacturer Umicore has appointed Mathias Miedreich chief executive officer to succeed Marc Grynberg, with the appointment to take effect in the fourth quarter of 2021, the company said on Monday June 7.Grynberg and Miedreich will work together to achieve a smooth transition, the company said.Miedreich has worked at Faurecia, a global automotive supplier with a strong fo...Read More

CHINA MANGANESE FLAKE SNAPSHOT: China market higher amid strong demand, tight supply

June 08, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in China on Friday June 4.Key drivers Spot availability has tightened amid higher demand and lower supply due to the booming steel industry and some major producers putting their facilities under...Read More

China magnesium price up on ferro-silicon production cut news in Zhongwei

June 08, 2021 / www.metalbulletin.com

China's domestic magnesium price increased sharply after authorities in Zhongwei - a key ferro-alloy production hub in Ningxia Hui Autonomous Region - issued a production cut notice due to high energy-consuming enterprises on Thursday June 3.Fastmarkets' weekly price assessment for magnesium 99.9%, exw China was 18,300-19,000 yuan ($2,861.07-2,970.51) per tonne on Friday June 4, an increase of 300...Read More

CHINA SILICON SNAPSHOT: Prices edge lower after rally

June 08, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in China on FridayJune 4.Key drivers The China silicon price narrowed slightly down following a correction to the previous price rally, but overall sentiment remains positive...Read More

India's silico-manganese export price hits record high on firm fundamentals

June 08, 2021 / www.metalbulletin.com

The Indian silico-manganese export price moved up for the fourth week in a row on Friday June 4, extending its longer-term rally since February 12 on renewed steelmaker demand and tight availability. Fastmarkets assessed the silico-manganese, 65% Mn min, min 16% Si, fob India price at $1,400-1,430 per tonne on Friday, up by about 3.3% from $1,360-1,380 per tonne week on week. The price is at...Read More

Global Copper Snapshot: Eight companies advancing copper projects around the world

June 07, 2021 / www.northernminer.com

With copper's key role in the transition to greener forms of energy to fight climate change, along with soaring prices for the metal, companies are accelerating their work plans at copper projects around the world. We profile eight companies with copper projects.ASCENDANT RESOURCESAscendant Resources (TSX: ASND; US-OTC: ASDRF) is focused on the exploration and development of the Lagoa Salgada volc...Read More

Nighthawk Gold extends Grizzly Bear at Indin Lake

June 07, 2021 / www.northernminer.com

Drilling at Nighthawk Gold's (TSXV: NHK) 930-sq.-km Indin Lake gold project, 200 km north of Yellowknife, has extended mineralization at the Grizzly Bear deposit ahead of a resource update expected later this year.Nighthawk released results of 18 holes totalling 4,048 metres drilled at Grizzly Bear. The shallow holes, limited to 200 metres depth, targeted mineralization extensions to the north and...Read More

Serbia may decide fate of Rio Tinto's lithium project in referendum

June 07, 2021 / www.northernminer.com

Serbia's President, Aleksandar Vucic, may seek voter approval for Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) Jadar lithium project near the city of Loznica, in western Serbia, as community opposition grows.Speaking on local TV today, Vucic said the government fully supports the project, which could become Serbia's second largest export earner once developed. He also said his administration won'...Read More

Scientists develop 'cheap and easy' method to extract lithium from seawater

June 07, 2021 / www.northernminer.com

Researchers at King Abdullah University of Science and Technology, a private research university in Saudi Arabia, have developed what they believe is an economically viable system to extract high-purity lithium from seawater.Previous efforts to tease lithium from the mixture the metal makes together with sodium, magnesium and potassium in seawater yielded very little. Although the liquid contains...Read More

The copper conundrum

June 07, 2021 / www.mining-journal.com

Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDThe future economy is looking greenSPONSOREDlomiko metals incThe first hint that doubts are developing about the longevity of boom conditions emerged last month, soon afte...Read More

Casa Minerals Announces Closing of Option Agreement to Acquire Congress Gold Mine

June 07, 2021 / dlvr.it

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the 'Company' or 'Cas...Read full newsRead More

Barrick CEO hopes Papua New Guinea gold mine will restart this year

June 07, 2021 / dlvr.it

BARRICK GOLD-PORGERA/:Barrick CEO hopes Papua New Guinea gold mine will restart this yearRead full newsRead More

Casa Minerals Announces Closing of Option Agreement to Acquire Congress Gold Mine

June 07, 2021 / dlvr.it

Vancouver, British Columbia--(Newsfile Corp. - June 4, 2021) - Casa Minerals Inc. (TSXV: CASA) (OTC Pink: CASXF) (FSE: 0CM) (the 'Company' or 'Cas...Read full newsRead More

.@AmexExploration $AMX.V Reports High Grade Gold Near Surface and at Depth at the High Grade Zone

June 07, 2021 / bit.ly

HGZ - near surface32.91 gt Au over 6.40 metres, including 148.82Read full newsRead More

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