Key data from Fastmarkets' pricing session in Europe on Wednesday July 14.Key drivers Alloys suppliers reported stronger buying interest in the week to July 14, with consumers of ferro-titanium seeking offers due to recently announced export duties on ferro-alloys from Russia, which will come into effect from August 1 and last until the end of the year. Deals were reported at the upper end of the...Read More
An overview of the consumer electronics markets and their latest price moves.Janie Davies, Cristina Belda and...Read More
Shipments of cobalt hydroxide from South Africa are likely to be delayed due to serious civil strife in the country; most market participants preferred to hold back activity until the effects on the markets become clearer.The civil strife in South Africa, with significant incidents in KwaZula-Natal province in eastern South Africa, was sparked by the jailing of former South African president Jacob...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...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.Fastmarkets assessed...Read More
South African manganese alloys producer Transalloys has declared force majeure after nationwide protests, triggered by the jailing of ex-president Jacob Zuma for failing to appear at a corruption inquiry last week, widened into riots and looting, disrupting its operations.The duration of the force majeure is unclear, with the restoration of full operations dependent on the end of disruptions cause...Read More
Mako Mining (TSXV: MKO) has declared commercial production effective July 1 at its San Albino mine in northern Nicaragua.San Albino has a 500 tonne per day gravity and carbon-in-leach processing plant, which has been operating since May 12. Mako says the plant has been averaging 456 tonnes per day at 71% availability, thereby meeting the commercial production threshold.At the end of the pre-commer...Read More
NexGen Energy (TSX: AM; NYSE: NXE) recently signed two benefit agreements with First Nations affected by the proposed development of its Rook I uranium project near the southwest rim of the Athabasca Basin in Saskatchewan.The project is located on traditional territory of the Buffalo River Dene Nation (BRDN) and the Birch Narrows Dene Nation (BNDN). The company has signed an impact benefit agreeme...Read More
Marimaca Copper Corp. (TSX: MARI) announced that drilling results from the remaining reverse circulation drill holes completed at the Cindy target have intersected significant copper mineralization, extending the strike length to over 800m.Cindy is located less than 5km to the north of Marimaca's oxide deposit in northern Chile near, considered to be the only copper discovery globally in the last...Read More
The Philippines has renewed the contract for OceanaGold's (TSX: OGC; ASX: OGC) Didipio gold and copper mine for another 25 years, after almost two years of the operation being halted due to a dispute with a provincial government over the company's license to operate.The renewed Financial or Technical Assistance Agreement (FTAA) applies retrospectively from June 19, 2019, and keeps financial terms...Read More
Canada's Lucara Diamond (TSX: LUC) has found a 62.7 carat fancy pink diamond at its prolific Karowe mine in Botswana, which has been named "Boitumelo" meaning "Joy" in Setswana, the national and majority language.The rock, Botswana's largest fancy pink diamond yet, weighs 62.7 carats and measures 26x17x16mm. Described as a high-quality, fancy pink, Type IIa gem, it is also one of the world's l...Read More
Automotive producers are likely to be the first downstream sector to shift toward using "green steel," Saudi Arabian steel producer Sulb Co's chief executive Ravi Singh told delegates at the Singapore Steel Forum 2021 on Wednesday July 14.He said car producers have consistently been the main innovators among the main manufacturers using steel products. "Major automotive producers such as Merc...Read More
Southwest China's Yunnan province has started asking some local metal producers to reduce power consumption for the second time in three months, two industry sources and consultancy Aladdiny said on Wednesday.Read full newsRead More
The mine, Ecuador's largest, delivered 108,799 ounces of gold in the three months to June 30, up from 104,137 ounces in the previous quarter.Read full newsRead More
DMG Blockchain Solutions (TSXV:DMGI) is pleased to announce the purchase of 2,450 Bitcoin ASIC miners from Bitmain.Read full newsRead More
The 11th Annual Gold and Diamond Conference organized by Initiatives In Art and Culture will be held online from 10 a.m. to 2:30 p.m. EDT Tuesday, July 13 to Thursday, July 15., 2021.Read full newsRead More
Fredericton, New Brunswick--(Newsfile Corp. - July 14, 2021) - TRU Precious Metals Corp. (TSXV: TRU) (OTCQB: TRUIF) (FSE: 706) (Read full newsRead More
Kenorland Minerals Ltd. is pleased to announce the commencemenRead full newsRead More
"Ten years from now, you'll put on a jacket and find a mask in the pocket. 'Oh man, what a weird year that was,' you'll chuckle to yourself. Then you'll pick up your machete and continue across the wasteland, keeping to the shadows to avoid the roving gangs of cannibal raiders." - @CasualThursdayIn the year 2020, the Earth stood still. Travel, trade, and socialization ceased as we crawled into ou...Read More
(Adds detail, writes through)MELBOURNE, July 16 (Reuters) - Rio Tintoreported a 12% fall in quarterly iron ore shipments on Fridayafter storms affected its West Australian operations, but isexpected to report bumper results this month on soaring pricesfor the steel raw material.Rio said it now expects to ship near the lower end of itsrange of 325 million tonnes (mt) and 340 mt in calendar 2021,mea...Read More