Advanced Micro Devices (AMD), a NASDAQ 100 stock moved above $59.00 and $59.27 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Wednesday July 22ndU.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US74.50 cents following release of Canada's June Consumer P...Read More

Turkish steel producers have continued their deep-sea scrap purchases for August shipments but at slightly higher prices, sources said on Wednesday July 22.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 13,000 tonnes of HMS 1&2 (95:5) at $273 per tonne cfr. The cargo was scheduled to be shipped before August 19.A steel mill in the Marmara region booked US cargo, compri...Read More

Seaborne iron ore prices moved down on Wednesday July 22 amid market expectations that strong supply from Australia could offset supply uncertainties from Brazil. Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $110.95 per tonne, down $0.48 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $112.84 per tonne, down $0.16 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $99.51 per tonn...Read More

The seaborne premium hard-coking coal fob Australia index increased on Wednesday July 22 following the latest transaction, which market participants attributed to an optimistic outlook shared among miners and traders, Fastmarkets heard.Fastmarkets indicesPremium hard coking coal, fob DBCT: $109.93 per tonne, up $1.67 per tonne Premium hard coking coal, cfr Jingtang: $119.23 per tonne, down $0.24 p...Read More

Fastmarkets' seaborne premium hard coking coal cfr China index continued to edge up slightly on Tuesday July 21 after the latest transaction saw it rebound further from last week's perceived 'bottom'.Fastmarkets indicesPremium hard coking coal, fob DBCT: $108.26 per tonne, down $0.09 per tonne Premium hard coking coal, cfr Jingtang: $119.47 per tonne, up $0.91 per tonneHard coking coal,...Read More

Chinese hot-rolled coil importers are sourcing for cargoes from Vietnam amid domestic price increases, with interest for Indian products declining due to tensions between China and the South Asian country.DomesticEastern China (Shanghai): 3,950-3,970 yuan ($566-568) per tonne, up 50-60 yuan per tonneDomestic HRC prices surged on Wednesday July 22 amid increased liquidity in the market, which led s...Read More

The London Metal Exchange three-month base metals prices were predominantly subdued during morning trading on Wednesday July 22, with zinc futures leading the decline while fresh cancelations and a steady decline in the US dollar index did little to boost sentiment. LME zinc's outright price was recently at $2,189 per tonne, a decline of over 2.5% from a morning high of $2,263 per tonne, while tur...Read More

China's domestic rebar prices rose further on Wednesday July 22 on stronger demand following weather improvements in the eastern part of the country.Domestic Eastern China (Shanghai): 3,610-3,640 yuan ($518-522) per tonne, up by 30-40 yuan per tonneThe rainy season in the major markets of eastern China, such as Shanghai, Jiangsu and Zhejiang provinces came to an end in the last couple of days, acc...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. 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. Read More

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

Key data from the pricing session in Europe on Wednesday July 22.Key driversThe ferro-titanium market has dropped to a range last seen on February 3, 2017, when the assessed price was $3.70-4.10 per kg delivered. Depressed consumer demand for steel resulted in excess steel supply which, combined with the seasonal summer slowdown in heavy industry, led steel suppliers to get rid of their stocks. Th...Read More

Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesAs a rather sad indictment of what my life has become, I was doing some dusting the other day. Not that there is any...Read More

Endeavour Mining (TSX: EDV) has increased its gold resource by 554,000 oz. at its Hounde mine in Burkina Faso, located approximately 250 km southwest of the capital Ouagadougou.The updated mineral resource now stands at 74.6 million tonnes grading 1.85 grams gold per tonne for 4.45 million contained oz. gold in the measured and indicated category. Inferred resources also increased to 7.9 million...Read More

Step-out drilling at Marathon Gold's (TSX: MOZ) Valentine gold project has extended the Berry zone to the northeast, to a drill-tested strike of 450 metres.The company's latest release includes the assays from ten holes completed at the Berry area, which sits within a 6-km-long Sprite corridor between the Leprechaun and Marathon deposits at the site.Highlights include 120 metres of 3.33 grams go...Read More

Gold-focused producer Karora Resources (TSX: KRR) has announced the sale of its 28% interest in the Dumont nickel project in Quebec to two private funds advised by Waterton Global Resource Management, for a total of up to $48 million.As consideration for the sale, Karora will receive $10.7 million upon closing - expected by the end of July - which includes $7.4 million from Waterton, and a $3.3-...Read More

Copper futures rallied on July 21 after an agreement on a massive economic stimulus plan in Europe, optimism about a Covid-19 vaccine, and ongoing worries about pandemic-hit supply from top producer South America.Copper for delivery in September trading in New York changed hands for US$2.98 per lb. ($6,560 a tonne) in early afternoon trade, up 2% from July 20 settlement.Copper futures are on track...Read More

The Northern Miner presents the top-10, U.S.-based mid-tier to junior companies, excluding coal and precious metals, by market capitalization, as of July 24, 2020.1. Compass MineralsMarket cap: US$1.8 billionCompass Minerals (NYSE: CMP) produces plant nutrients, salts and magnesium chloride for applications in industrial, agricultural, commercial and consumer markets, primarily in North America...Read More

Chilean miner Antofagasta (LSE: ANTO) has shown resilience amid the country's Covid-19 crisis, delivering copper volumes in the second quarter that were 5% ahead of expectations, but 8.4% lower than the previous period.In the three months to June 30, the company churned out 177,700 tonnes copper, compared to 194,000 in the first quarter, mainly due to expected lower grades from the Centinela mine....Read More

Chinese nickel sulphate prices could rise in the coming weeks, bolstered by increasing spot demand from the new energy vehicle (NEV) power battery sector.Read full newsRead More