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SPECIALTY STEEL RAW MATERIALS MARKET REPORT 11/12: Ferro-tungsten at new high on low supply, consumer restocking

December 12, 2020 / www.metalbulletin.com

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...Read More

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

December 12, 2020 / 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....Read More

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

December 12, 2020 / 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...Read More

Trade log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

December 12, 2020 / www.metalbulletin.com

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 hydroxide p...Read More

Trade log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

December 12, 2020 / www.metalbulletin.com

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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.Read More

FERRO-TUNGSTEN SNAPSHOT: Tight supply, restocking push prices to new high

December 12, 2020 / www.metalbulletin.com

Key data from Fastmarkets' Friday December 11 pricing session in London.Key drivers Tightening prompt availability in Europe and consumer restocking continued to push prices to a new high. The market was now trading at its highest level since mid-March, when prices...Read More

China's HBIS raises purchase price for December-delivery SiMn by $41/t

December 12, 2020 / www.metalbulletin.com

Hebei Iron and Steel Group (HBIS), China's second-largest steelmaker, has increased its purchase price for December-delivery silico-manganese to 6,350 yuan ($971) per tonne, market participants told Fastmarkets on Thursday December 10.The latest price is 270 yuan per tonne higher than the mill's purchase price of 6,080 yuan per tonne for November-delivery cargoes. HBIS' price, which applies to car...Read More

Rockcliff releases combined PEA for Tower and Rail in Manitoba

December 11, 2020 / www.northernminer.com

Rockcliff Metals (CSE: RCLF) has released the results from a preliminary economic assessment (PEA) for its 100%-owned Tower and Rail projects in the Flin Flon-Snow Lake greenstone belt in central Manitoba.The study envisions the development of the Tower high-grade copper deposit in parallel with the refurbishment of Bucko mill, followed by the Rail copper deposit development. Tower is about 460 k...Read More

Wheaton pays $150M for share of silver output from Capstone's Cozamin

December 11, 2020 / www.northernminer.com

Wheaton Precious Metals (TSX:WPM) and Capstone Mining (TSX:CS) have struck a deal whereby the streaming company will pay US$150 million for a share of the silver output from Capstone's Cozamin copper mine in Zacatecas state, Mexico. In 2019 the mine produced 35.84 million lbs. copper, 1.16 million oz. silver, and 18.46 million lbs. zinc.Wheaton has agreed to buy 50% of Cozamin's silver output unti...Read More

NorZinc drilling at Prairie Creek hits high grade silver, zinc

December 11, 2020 / www.northernminer.com

NorZinc (TSX:NXC; OTCQB:NORZF) has received the final assays from surface drill hole PC-20-225, and the results indicate high grades of both silver and zinc.Beginning at a depth of 525.6 metres, the hole returned 4.3 metres at 189 grams silver per tonne, 27.18% zinc, 16.89% lead, and 0.47% copper (56.28% zinc equivalent).A lower grade, 1.1 metre intersection from 506.8 meters returned 2.56 grams s...Read More

Clean Air Metals brings 'fresh set of eyes' to Thunder Bay North

December 11, 2020 / www.northernminer.com

Since listing on the TSX Venture exchange in May, PGM-focused Clean Air Metals has drilled over 19,000 metres at its wholly owned 30-sq.-km Thunder Bay North project, 50 km northeast of Thunder Bay in Ontario. The site features two parallel intrusions - Current Lake and Escape Lake - which feature platinum group metal (PGM) and copper-nickel mineralization. The mineralization at each of the two st...Read More

Kirkland Lake sets 1.3-1.4 moz production target for 2021

December 11, 2020 / www.northernminer.com

Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) has set its full year production guidance at between 1.3-1.4 million oz. for 2021, driven by strong growth at its Detour Lake mine in Ontario.This is nearly identical to the company's 2020 production target of 1.35-1.4 million oz., though next year's guidance will not include the Holt Complex, which is now on care and maintenance.All-in sustaining co...Read More

Base metals prices forecast to rise sharply in 2021, less so in 2022

December 11, 2020 / www.northernminer.com

As the world's economies start to pick up following the impacts from the Covid-19 pandemic, CPM Group's director of commodities and asset management Carlos Sanchez expects base metals markets to return to normality in 2021, supporting increases in prices."We're already seeing normal supply and demand dynamics returning to pre-pandemic levels for the base metal markets," he said in an interview. "...Read More

VIETNAM STEEL SCRAP: Price surges leave buyers floundering

December 12, 2020 / www.metalbulletin.com

Surging offers for both United States and Japan-origin ferrous scrap have left Vietnamese buyers floundering in their wakes, sources told Fastmarkets in the week to Friday December 11.The import markets were muted ahead of the Kanto Tetsugen auction on Thursday December 10, although market sources had largely expected sharp increases in the auction results, Fastmakrets heard.The price surge of alm...Read More

TAIWAN STEEL SCRAP: Prices at historical high on shipping delays, buyers seek bulk imports

December 12, 2020 / www.metalbulletin.com

Spot import prices for containerized ferrous scrap into Taiwan hit a historical high in the week to Friday December 11, because of delays to shipments from the United States West Coast, sources told Fastmarkets this week. The delays also led to buyers to look toward bulk deep-sea cargoes due to the high price of the alternative Japanese scrap and a lack of cargo space.Fastmarke...Read More

Win a revolutionary Br? 1/4 ush electric toothbrush in @DailyHiveVan's annual #DH12Days

December 11, 2020 / bit.ly

Br? 1/4 ush stands out with a sharp design combined with incredible functionality, and we're giving away the electric toothbrush in our 12 Days of Giveaways.Read full newsRead More

Win a $200 from @SharkClub in @DailyHiveVan's annual #DH12Days

December 11, 2020 / bit.ly

For a limited time, Shark Club is offering 20 per cent off their takeout menu on food portion of pick-up orders. Win $200 gift card in 12 Days of Giveaways.Read full newsRead More

Win a two-night stay from @sandmanhotels valued $450 in @DailyHiveVan's annual #DH12Days

December 11, 2020 / bit.ly

Sandman Hotel Group knows everyone is dreaming of future getaways, which is why they're giving away a two-night stay in our 12 Days of Giveaways!Read full newsRead More

Protests erupt in New Caledonia over proposed sale of major #nickel mine

December 11, 2020 / www.theguardian.com

Deal to sell Goro nickel mine to a consortium including controversial commodities trader Trafigura reignites tensions over independenceRead full newsRead More

Is the gold trade back on? The options market is betting on it

December 11, 2020 / dlvr.it

After gold closed its worst month since 2016, options traders are betting it's ready to rip higher again. Here's how they're playing the space.Read full newsRead More

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