An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Falling demand, cheaper imports to put pressure on US domestic prices Prices at the start of May were essentially unchanged from April in the seamless OCTG and linepipe markets in the United States, amid minimal market activity. Mills were cutting output rather than prices. Demand, however, was deteriorating faster than supp...Read More

Key data from the pricing sessions in Asia, Europe and the United States for the session ended Friday May 15.China Domestic prices remained stable in an active spot market, with sentiment strengthening after the majority of steel mills raised their tender prices for May deliveries. Hesteel, China's second-largest...Read More

China's crude steel output was largely flat in April, but finished steel production significantly increased to exceed 100 million tonnes, according to data released by the country's National Bureau of Statistics (NBS) on Friday May 15.Steel outputAprilCrude steel: 85.03 million tonnes, up by 0.2% from a year earlier and up by 7.7% month on monthHot metal: 72.02 million tonnes, down 1.2%...Read More

The price of ferrous scrap imported into India moved upward on Friday May 15 with sentiment becoming more positive while production slowly restarts in the country, sources have told Fastmarkets.Fastmarkets calculated the steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $265.50 per tonne on Friday, up from $257.98 per tonne on May 7.Despite trade activity remaining on pause due to t...Read More

Prices of bulk scrap cargoes sold to South Korea jumped over the last seven days to Friday May 15, but market participants also told Fastmarkets that such high prices are unlikely to persist in the coming weeks.South Korean scrap demand among electric arc furnace (EAF) mills has increased in the past few weeks after construction projects restarted following an easing of the country's Covid-19 lock...Read More

The price paid for heavy melting scrap (HMS) imports in Taiwan continued on an upward trend over the week to Friday May 15, sources said.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $230 per tonne cfr on Friday, increasing by $1-5 per tonne from Thursday May 14 and by $5-7 per tonne from May 8.Read More

Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) announced that an ongoing expansion of the giant Oyu Tolgoi copper-gold-silver mine in Mongolia is expected to cost an additional US$1.8 billion.The Rio Tinto-controlled company and mine operator had expected the underground expansion to cost US$5.3 billion when it was approved in 2015. Last year, however, Turquoise Hill flagged stability risks associ...Read More

Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) has rebuffed an unsolicited proposal from Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) for an all share, three-way merger that includes Gold X Mining (TSX-V: GLDX; US-OTC: SSPFX), instead reaffirming its support of an earlier takeover offer by Silvercorp Metals (TSX: SVM; NYSE-AM: SVM) of 60 ? in cash, or 0.1195 of a Silvercorp common share, for each of...Read More

Mining in Mexico, the world's largest silver producing country, is set to fully resume next week as authorities implement a gradual nationwide return to a "new normal," which will see more than 200 coronavirus-free towns reopen on May 18.The rest of the country, which has been on a nationwide lockdown for more than seven weeks, will resume activities on June 1, the government announced late on May...Read More

Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAlthough Tesla's Model 3 was the highest selling car of the month, Roskill, a mining-industry consultanc...Read More

Commodities and utilities companies breached fund's guidelines on use of coalRead full newsRead More

?EUR?Meet Trad3r, the game that rewards you the better you trade.What do we mean you ask?The better you trade the more Trad3r points you earn & with trad3r points you redeem rewards.The rewards vary between discounted meals to adventurous activities... all for free.You can trade Celebrities. Brands...Read full newsRead More

Gold Markets Gold pushes higher as risk-off sentiment increases. The mood in the broader financial markets remained frail.Read full newsRead More

Vancouver, British Columbia--(Newsfile Corp. - May 13, 2020) - Moneta Porcupine Mines Inc. (TSX: ME) (OTC: MPUCF) CEO of Moneta Porcupine Mines, Gary O'Connor, talks about the company's gold exploration in the Timmins Gold Camp.If you cannot view the video above, please visit:https://www.b-tv.comRead full newsRead More

VANCOUVER, British Columbia, May14, 2020(GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. ("Mission Ready" or the "Company") (TSXV: MRS) is pleased to...Read full newsRead More

Golden Ridge Resources announces that further to its news release of May 1, 2020 the Company's intention to consolidate its common shares on a 5-old-for-1-new share basis will be effective May 20, 2020.Read full newsRead More

Steppe Gold Limited is extremely pleased to announce its financial results for the quarter ended March 31, 2020.Read full newsRead More

The markets are growing volatile again. After the sudden coronavirus correction, investors were hoping that the recent rally would hold, but it’s growing clear that more downside is yet to come. If you’re nervous, now is the time to buy gold stocks.But don’t buy just any company involved in gold mining. This industry is famous for poor capital allocation. Some of the most valuabl...Read More

Growth stocks continue to outperform, a continuation of a trend that began after the last financial crisis. This is not surprising if you consider that growth stocks do quite well in a bull market. We just emerged from the longest bull run in history. In a bear market, growth stocks tend to lose value at a faster pace than income and value stocks. However, all bets are off in the bear market...Read More