A month-on-month drop in the Kanto Tetsugen auction and a price cut by major mill Tokyo Steel on Thursday August 19 has increased pessimism in the Japan steel scrap market, sources said.Japan's Kanto tender closed at a fall of $11 per tonne month on monthBearish sentiment in Chinese steel markets weighed on scrap import pricesTaiwan imported containerized scrap price stableJapanJapan's Kanto...Read More

Seaborne coking coal prices inched higher in the cfr China market amid positive market sentiment, while fob Austrialia prices remained largely unchanged, sources told Fastmarkets on Thursday August 19.Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $366.41 per tonne, up $0.93 per tonneHard coking coal, cfr Jingtang: $323.83 per tonne, up $1.16 per tonnePremium hard coking coal, fob DBCT...Read More

Domestic hot-rolled coil prices in China extended their losses, falling to their lowest in about six weeks on Thursday August 19; futures prices continued their decline on demand concerns and waning cost supports.DomesticEastern China (Shanghai): 5,600-5,620 yuan ($863-866) per tonne, down by 90 yuan per tonne.The most-traded HRC contract on the Shanghai Futures Exchange weakened for a second stra...Read More

Domestic rebar prices in China dropped sharply on Thursday August 19 on falling futures, but restocking demand picked up amid the decreases. DomesticEastern China (Shanghai): 5,010-5,040 yuan ($773-777) per tonne, down by 130 yuan per tonneThe most-traded January rebar futures contract dropped to a low of 4,925 yuan per tonne during Wednesday's night trading session - down by 219 yuan per tonne fr...Read More

A gradual increase in end-user demand kept domestic stainless steel prices in China from falling further in the week ended Wednesday August 18. Nickel and stainless steel futures also experienced small changes during the week, which helped to keep spot stainless steel prices stable. The three-month nickel contract on the London Metal Exchange ended the official trading session on Wednesday at $19,...Read More

First Solar, which claims to be the world's largest producer of solar power modules, has begun construction of a manufacturing facility in the eastern US state of Ohio, the company said on Tuesday August 17.The company, which is based in the state of Arizona in the western US, will invest $680 million in the Ohio facility, which will have capacity for 3.3GW-worth of modules.The plant will focus on...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...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...Read More

Key data from Fastmarkets' pricing session in China on Wednesday August 18. Key drivers The spot cobalt metal price in China narrowed up after local futures prices strengthened. And reducing stocks brought further support, with most sellers pushing up offer prices in response.The cobalt tetroxide price widened down with...Read More

Orca Gold (TSXV: ORG) subsidiary Montage Gold (TSXV: MAU; US-OTC: MAUTF) has exceeded its exploration objective at the Kon?(C) gold project in C??te d'Ivoire with 100% resource conversion and resource growth.Montage has reported an initial indicated resource for Kon?(C), outlining 225 million tonnes grading 0.59 gram gold per tonne for 4.27 million oz. of contained gold at a 0.2 gram per tonne cut...Read More

Pending continued improvement in regional health statistics, Vizsla Silver (TSXV: VZLA) plans a staged restart of drilling activities on September 1 at its Panuco silver-gold project in Sinaloa state, Mexico.Soaring Covid-19 cases have prompted the company to voluntarily suspend activities in late July to protect the health and safety of the team and the communities in which they work.The company...Read More

Canada's Ontario has rescinded a work suspension order in place over great swathes of the province in the wake of wildfire activity since July 21, allowing Great Bear Resources (TSX: GBR; US-OTC: GTBAF) to start work on Phase 2 drilling from August 18.The next phase of Great Bear's exploration strategy will test the continuity of mineralization along the significant LP Fault below 450 metres depth...Read More

After years of indecision and US$4.5 billion (pre-tax) invested in development since 2008, BHP has announced that it will move forward with its Jansen potash project in Saskatchewan and approved capital expenditure of US$5.7 billion to build the first phase of the project. The sum includes funding for the required port infrastructure.BHP, the world's largest mining company, paired that news with i...Read More

Chilean miner Antofagasta (LSE: ANTO) says that water shortages in the South American nation, which has been hit by a decade-long drought exacerbated by climate change, has forced it to cut its copper production target for the year. The miner now expects to produce between 710,000 tonnes and 740,000 tonnes of copper this year, down from its previous forecast of 730,000 tonnes to 760,000 tonnes....Read More

North Arrow Minerals (TSXV: NAR) has completed a 2,000-tonne bulk sample from its Naujaat diamond project in Nunavut, a key step toward discovering if the project has enough fancy coloured diamonds - with a high enough value - to justify development.North Arrow has already delineated a resource for the Q1-4 kimberlite at Naujaat, located only 7 km from tidewater near the community of Naujaat. Q1-4...Read More

A move towards resource expropriation, tax and royalty increases, as well as demands for local participation in companies' ownership-all components of resource nationalism-continues to increase, with Latin America taking centre stage, a new study shows.According to the latest report from risk consultancy Verisk Maplecroft, there is a clear four-year trend in mineral-rich nations seeking greater co...Read More

Drilling at SSR Mining's (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) Ardich gold deposit in Turkey has returned strong results as the company plans an initial reserve estimate slated for next year, followed by first production in 2023.SSR reported results from 194 diamond drill holes completed between March 2020 and May 2021 at Ardich, located 6 km from its Copler gold mine.Highlights from step-out drilli...Read More

The provincial government of Liaoning in northeastern China has approved a merger between Anshan Iron & Steel (Angang) and Benxi Iron & Steel (Bengang), according to a notice released by the latter's listed arm, Bengang Plate, on Thursday August 19.The owner of Bengang - Liaoning's State-owned Assets Supervision & Administration Commission - will transfer a 51% controlling stake in the steelmaker...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDMuch like motherhood, the value of executive equity stakes, colloquially known as skin in the game, is rarely questioned.  Read More

savefremontcounty.org is a new website dedicated to fighting against the possibility of a gold mine being built near Ca??on CityRead full newsRead More