China's domestic rebar prices rose on Monday December 28 after three days of decreases in the second half of last week but market participants do not expect the upward momentum to be sustained amid a pessimistic outlook for demand.DomesticEastern China (Shanghai): 4,430-4,450 yuan ($678-681) per tonne, up by 30 yuan per tonneChina's Central Meteorological Administration has issued an orange warnin...Read More

China's hot-rolled coil prices slumped on Monday December 28 amid slumping futures, which discouraged overseas buyers from placing orders for Chinese cargoes.DomesticEastern China (Shanghai): 4,600-4,650 yuan ($703-711) per tonne, down 70-90 yuan per tonneA Shanghai-based trader said he was able to conclude small transactions at 4,650 yuan per tonne on Monday morning, but by the afternoon, he had...Read More

Demand for imported rebar in Singapore thinned in the past week amid the emergence of higher offers, industry sources told Fastmarkets on Monday December 28.Offers for back-to-back cargoes from steel mills in eastern and northern China were made at $660-670 per tonne cfr Singapore on a theoretical weight basis during the week, while position cargoes from the same sources were at $630 per tonne cfr...Read More

Stronger demand for hot-rolled coil from Japan, South Korea and Taiwan among buyers in Vietnam have driven up the premium that such cargoes have over Chinese products.This demand has been attributed to Vietnamese galvanizers seeking out cargoes from the three East Asian territories amid trade restrictions imposed on galvanized coil produced using Chinese substrate, sources told Fastmarkets last we...Read More

Materials SPDRs (XLB) moved above $72.05 to an all-time high extending an intermediate uptrend.South Korea iShares (EWY) moved above $82.82 to an all-time high extending an intermediate uptrend.Hong Kong iShares (EWH) moved above $24.32 extending an intermediate uptrend. Natural Gas ETN (UNG) moved below $8.58 to an all-time low extending an intermediate downtrendZoom (ZM), a NASDAQ 100 stock move...Read More

Premium hard coking coal prices in fob and cfr markets rose on Monday December 28 after transactions were sealed at higher prices.In the meantime, the 11th round of Chinese domestic coke price increase has started. Fastmarkets indicesPremium hard coking coal, fob DBCT: $104.08 per tonne, up $0.37 per tonnePremium hard coking coal, cfr Jingtang: $199.80 per tonne, up $1.26 per tonneHard coking coal...Read More

Prices for seaborne iron ore concentrate and pellets picked up more upward momentum in the week ended Friday December 25 on strong demand from Chinese steelmakers.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $183.98 per tonne, up $15.27 per tonne.65% Fe blast furnace pellet, cfr Qingdao: $213.86 per tonne, up $14.58 per tonne.Key driversSources said tight supply pushed up pellet pr...Read More

- 176.8 meters (600 feet) of continuous gold, copper and silver mineralization with an average gold equivalent grade of 1.003 g/t- Hole CK20-02c drilled from the same pad as CK20-01c, northerly and perpendicular to 01c- Thicker, similar grade mineralization relative to CK20-01c, starting from surfaceELKO, Nev., Dec. 28, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold e...Read More

A summary of China's minor metals exports for November 2020.In brief Improved overseas demand contributed to the increase in China's exports of antimony ingot. The increase in Chinese silicon exports was attributable to improving downstream demand from the secondary aluminum industry. Antimony ingot...Read More

Following a consultation period, Fastmarkets will change the publication day of its four China minor metals price assessments from Wednesday to Friday, 2-3pm London time. The changes will come into effect on Wednesday December 30, when assessment activities will continue until the new publication day, Friday January 1.The prices subject to the change are:?EUR?Antimony MMTA standard grade II, ddp C...Read More

Key data from the December 25 pricing session in Shanghai.Key drivers China's ex-works prices for magnesium moved up amid output cuts in the Fugu and Shenmu regions of Shaanxi province, the production hub of the metal in the country. Producers kept raising offer prices above the assessed range. Semi-coke producers in Fugu and Shenmu are jointly cutting...Read More

Key data from Fastmarkets' pricing session in China on Thursday December 24. Key drivers ?EUR? Chinese domestic vanadium alloy producers raised their offer prices significantly last week in response to increased buying from mills and higher vanadium pentoxide (V2O5) prices. ?EUR? Some alloy producers were heard to have achieved deals for vanadium nitrogen at around 155,000 yuan ($23,664) per...Read More

Amid growing efforts to move the world away from fossil fuels, energy metals are a key pathway to tackling climate change and transition towards a low-carbon future. Here's a list of companies focused on finding metals important for future technologies.American LithiumTransporting drilling equipment at American Lithium's FLV lithium project in Nevada. Credit: American Lithium.American Lithium (TSX...Read More

Kirkland Lake Gold (TSX: KL; NYSE: KL) announced results from 25 holes (19,523 metres) and one wedge hole (1,110 metres) of drilling at the Detour Lake property in northern Ontario.Significant results from the drilling included 4.38 grams gold per tonne over 31.0 metres, including 47.46 grams gold over 2.0 metres and 5.45 grams gold over 3.2 metres, from drillhole DLM-20-028; and 1.50 grams gold o...Read More

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A gold miner working in the Yukon discovered something amazing. The miner found a wolf pup that has been estimated at 57,000 years old that still has its fur. Researchers estimate the wolf pup live...Read full newsRead More

The small Ontario mining town of Cobalt hopes it will get a boost for providing the newly precious metal for automakers that are ramping up the production of...Read full newsRead More

Welcome! In this post, we'll be taking a character-by-character look at the source code of the BioNTech/Pfizer SARS-CoV-2 mRNA vaccine.Read full newsRead More