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China's iron ore imports increase in August after four-month decline

September 08, 2021 / www.metalbulletin.com

China imported 97.49 million tonnes of iron ore in August, down by 3% from 100.36 million tonnes one year earlier but 10% higher month on month after a four-month decline, Chinese customs data showed on Tuesday September 7.Last month's imports are 8.99 million tonnes higher compared with July's 88.5 million tonnes.August's import levels also mark the third high point...Read More

CHINA HRC: Domestic prices steady amid production curbs, demand weakness

September 08, 2021 / www.metalbulletin.com

Spot prices for hot-rolled coil prices in China's domestic market were unchanged on Tuesday September 7, subdued by continued weakness in demand but supported by the ongoing production curbs.DomesticEastern China (Shanghai): 5,800-5,850 yuan ($898-905) per tonne, unchangedThe most-traded HRC contract on the Shanghai Futures Exchange hit 5,889 yuan per tonne in overnight trading, its high...Read More

CHINA REBAR: Rising prices sap buying interest

September 08, 2021 / www.metalbulletin.com

China's domestic rebar prices continued to trend upward on Tuesday September 7 but trading activity fell in response to the increases.DomesticEastern China (Shanghai): 5,320-5,370 yuan ($824-831) per tonne, up by 40-60 yuan per tonneRebar futures traded above Monday's settlement price of 5,427 yuan per tonne throughout the day on Tuesday.Sellers - already expecting lower steel production rates to...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

September 08, 2021 / www.metalbulletin.com

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

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

September 08, 2021 / www.metalbulletin.com

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

Noront receives official Wyloo offer, trumping BHP bid

September 07, 2021 / www.northernminer.com

Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals - more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late May. The $0.70 per share offer trumps BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) friendly $0.55 per share bid for Noront, made in late July. It's also more than double what Wyloo first proposed in May - $0.315...Read More

Drill challenges at Arctic won't influence timeline, says Trilogy Metals

September 07, 2021 / www.northernminer.com

Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) says lower than expected drilling productivity due to adverse weather and staffing shortages at its Arctic copper project in remote northwestern Alaska will not detract from the project's permitting and development timeline.The project, part of the so-called Upper Kobuk Mineral Projects (UKMP) being managed by the Ambler Metals joint venture between the comp...Read More

The Northern Miner Podcast - episode 255: Canadian Mining Hall of Fame inducts five new members, ft Anthony Vaccaro

September 07, 2021 / www.northernminer.com

This week's episode features the opening remarks of the 2021 Canadian Mining Hall of Fame by Northern Miner group publisher Anthony Vaccaro. This year's inductees were Patricia Dillon (b. 1952), David Elliott (b. 1948), William Gladstone Jewitt (1897-1978), Steven D. Scott (1941-2019), and Mary Edith Tyrrell (1870-1945).All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Railr...Read More

Pilbara Minerals lifts Pilgangoora lithium resource

September 07, 2021 / www.northernminer.com

Australian lithium producer Pilbara Minerals (ASX: PLS) has announced a 39% increase in the mineral resource at its flagship 100%-owned Pilgangoora lithium-tantalum project in Western Australia's Pilbara region to 308.9 million tonnes, reinforcing its position as the world's most extensive hard-rock lithium operation.The updated mineral resource, which replaces the prior June 2020 estimate, now co...Read More

SolGold to cut back on exploration projects

September 07, 2021 / www.northernminer.com

Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances development of the giant Cascabel copper-gold project, located 180 km north of the country's capital, Quito. The miner intends to shed ten of the 72 exploration concessions held within its four subsidiaries in the South American country. The...Read More

Iamgold suspends convoys to Burkina Faso gold mine after attack

September 07, 2021 / dlvr.it

BURKINA-SECURITY/IAMGOLD (PIX):Iamgold suspends convoys to Burkina Faso gold mine after attackRead full newsRead More

Matador Mining uncovers high-grade gold during auger drilling at Big Pond

September 07, 2021 / dlvr.it

Matador Mining (ASX: MZZ) has uncovered gold grading 55.4 grams per tonne during power auger drilling at the greenfields Big Pond target within the Cape Ray project in Canada.Read full newsRead More

RT @corp_tru: NEWS Release - #TSXVTRU Precious Metals Appoints Experienced Mining CFO:

September 07, 2021 / tinyurl.com

TRU Precious Metals announces the appointment of Ms. Olga Nikitovic, CPA, CA, as its new Chief Financial Officer, effective September 3, 2021.Read full newsRead More

4 Top Under-$10 Canadian Stocks to Buy Right Now

September 08, 2021 / www.fool.ca

Investing in stock markets need not require huge capital upfront. Investors can create a significant fortune in the long term by making small but regular investments. Meanwhile, here are four top Canadian stocks that you can buy below $10 to earn robust returns. WELL Health After delivering impressive returns of over 3900% in the last five years, WELL Health Technologies (TSX:WELL) is under p...Read More

TSX Today: What to Expect From Canadian Stocks on September 8

September 08, 2021 / www.fool.ca

Canadian stocks traded on a mixed note on Tuesday. While the S&P/TSX Composite Index notched another intraday record high near 20,897 yesterday, it couldn’t sustain these gains. The index settled at 20,806 — with a minor 0.7% decline from the previous session’s closing. Minor weakness in commodity prices coupled with fears about the slowing pace of the economic recovery could...Read More

Passive Income: Earn $150/Month Before 2021 Is Over

September 08, 2021 / www.fool.ca

Canadians can make money in stocks and earn $150 per month before this year is over. The TSX is on a hot streak and on course to end 2021 with a bang. Two stable, performing dividend stocks, Timbercreek Financial (TSX:TF) and Aura Minerals (TSX:ORA), should be on your radar or shopping list by now. The combined share price is a little over $25, while the average dividend yield is 6.9%. Likewise, y...Read More

China's wealth redistribution is going to lead to "problems", but how bad?

September 07, 2021 / www.kitco.com

Sep 08, 2021 Guest(s): Chen Lin Founder, ChenPicks.com China is currently making reforms to redistribute wealth. This will have an adverse effect on the economy as investors move capital and business away from the country, and worse, cause an outright civil war, said Chen Lin, president of Lin Asset Management."There is a historical precedent. I'm not saying that what happened 2,000 years ago in...Read More

IN CASE YOU MISSED IT: 5 key stories from September 8

September 09, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday September 8 that are worth another look.The Ukrainian Intergovernmental Committee for International Trade has initiated an anti-dumping investigation into imports of steel seamless cold-drawn and cold-rolled pipe originating from China.A second lithium trade has been brokered against the CME...Read More

BASE METALS WARRANTS 08/09

September 09, 2021 / www.metalbulletin.com

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday September 8.Please click...Read More

LIVE FUTURES 08/09: Aluminium breaks past 2011 high, copper falls to $9,200/t

September 09, 2021 / www.metalbulletin.com

The three-month aluminium price on the London Metal Exchange continued its uptrend during Wednesday's trading, rising by 1.3% to $2,794 per tonne from $2,757 per tonne at Tuesday's 5pm close after 16,900 lots were traded.Prior to closing at 5pm, the aluminium three-month contract reached an intraday high of $2,810 per tonne, exceeding the previous 2011 high of $2,803 per tonne."Once it [the alumin...Read More

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