Firmer Chinese steel markets have been supporting sentiment in the Chinese scrap market, keeping buyers optimistic about September and October, sources told Fastmarkets on Tuesday August 31.Prices in China inch up amid buyer optimismTaiwanese buyers could start paying moreChinaSpot prices for steel scrap imported into China edged up on Tuesday August 31 amid improving sentiment in the steel market...Read More

Twenty years ago, I wrote a report called The Myth of August. The idea was to compare what most people thought about the month of August to what actually happens in August.The myth is that August is a quiet month, everyone in the world is on vacation, no deals get done, people just enjoy the beach or mountains or other quiet recreations. This is famously true in France, but it’s a French hab...Read More

The reason humans are dying out is simple and straightforward. It's best summarized in the famous line from Walt Kelly's 1970 Pogo cartoon: "We have met the enemy and he is us."Humans are the reason humans are dying out. We're not having enough babies. It's that simple.When I use the word "enough" it's important to put a mathematical value on that. This is not guesswork. The key number is 2.1. Tha...Read More

Company to provide update on CK Gold Project and soon-to-be released PFS to the world's most prospective producers, explorers, and developers within the precious metals industryCHEYENNE, Wyo., Aug. 31, 2021 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce that its management will be attending in person and presenting at the 2021 Pr...Read More

Domestic hot-rolled coil (HRC) prices in China edged lower on Tuesday August 31; futures prices pulled back due to the latest factory activity data prompting concerns over the country's economic recovery.DomesticEastern China (Shanghai): 5,700-5,730 yuan ($881-886) per tonne, down by 20 yuan per tonneThe most-traded HRC contract on the Shanghai Futures Exchange came down from its highest leve...Read More

China's domestic rebar prices edged down slightly on Tuesday August 31, but less so than futures due to strong end-user demand.DomesticEastern China (Shanghai): 5,220-5,260 yuan ($807-813) per tonne, widening downward by 10 yuan per tonne.The most-traded January rebar futures contract briefly dropped to today's low of 5,287 yuan per tonne before recovering...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Bulk and noble alloys both moved largely in line with our price forecasts globally over the past month, though several markets surprised to the upside, exceeding our forecast gains. Stronger-than-forecast pricing momentum was primarily triggered by supply shortages in numerous...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...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 Cobalt alloy grade, in-whs Rotterdam, $/lb...Read More

China's spot indium price climbed to a more than two-and-a-half-year high amid an uptick in buying activity last week while participants looked to take advantage of strong price gains in the futures market.Fastmarkets' weekly price assessment for indium, 99.99%, exw China, was 1,350-1,700 yuan ($209-263) per kg on Friday August 27, an increase of 90-400 yuan per tonne (19.1%) from 1,260-1,300 yuan...Read More

European prices for ferro-silicon were likely to set more record highs in the near term, with the market already at levels not seen since Fastmarkets started to assess the market in the late 1990s.A combination of firm fundamentals, an acute container shortage, record high freight rates, and production and transportation issues were all set to boost the metals markets at least through December and...Read More

In this week's episode, we take a survey of mining stocks and the latest moves in some of the most followed sectors, particularly gold, silver, copper, uranium and lithium. What are the trends? Which sectors are outperforming? And where can value be found?All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Western Sky", "Western Adventure" and "Battle on the Wes...Read More

Integra Resources (TSXV: ITR; NYSE-AM: ITRG) plans to update the resource estimate and complete a prefeasibility study on its DeLamar project before the end of the fourth quarter and in the meantime continues to release high-grade results from the project in southwestern Idaho.The project, 160 km from Boise, consists of two past-producing mines, DeLamar and Florida Mountain, which shut down in 199...Read More

The Ontario Mining Association (OMA) announced that Natasha Vaz will be the next chair of its board of directors. When she assumes the role in September, Vaz will become the first woman to serve as chair of the OMA, which was established in 1920 to represent mining companies in the province.Vaz is currently chief operating officer at Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA), having been pr...Read More

The London Metal Exchange (LME), the world's biggest industrial metals market, has launched a register to digitally store sustainability credentials and other characteristics of metals trading on its platform, beginning with aluminum. The digital credential, known as the LMEpassport, stores electronic Certificates of Analysis (CoAs) or quality assurance documents based on a metal's siz...Read More

Noront Resources (TSXV: NOT) has responded to Wyloo Metals' increased offer of 70 ? per share by inviting the company to formally engage with it, and reminding shareholders that BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) 55 ? per share friendly bid is the only one that's officially been made."At this point, Wyloo's publicly announced interest in Noront is not an offer, rather it is a non-binding propos...Read More

Silver Elephant Mining (TSX: ELEF; US-OTC: SILEF) has announced the results of a preliminary economic assessment for its Gibellini vanadium project in Nevada, demonstrating an after-tax internal rate of return of 25.4% and net present value of US$127.9 million.The Gibellini project is envisioned as an open-pit, heap-leach operation in the state's Battle Mountain region, about 25 km south of Eureka...Read More

The 'Burners' amongst you will not need reminding that the Burning Man festival takes place in Nevada's Black Rock Desert every year during the week leading up to the U.S. Labor Day holiday (celebrated this year on Monday September 6).Burning Man began on San Francisco's Baker Beach in 1986, and became a desert festival four years later at a site near Gerlach, 190 km north of Reno. Attendance reac...Read More

Researchers at the University of Southern California are working on a development aimed at discouraging the degradation of lithium-ion batteries' structural integrity, which is one of the reasons that lead to functionality drop over time.Their solution involves introducing "stretch" into battery materials so they can be cycled repeatedly without structural fatigue.In a paper published in the Journ...Read More

For Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM), 2021 has proven to be a spectacular year as the company reports record revenue, cash flows and sales volume in the first six months. In just the second quarter of this year, Wheaton saw net earnings rise 57% from the same time last year to US$166 million, and the company reports it is on track to achieve guidance of 720,000 to 780,000 go...Read More