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...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.Read More

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...Read More

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

Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide index, via an open consultation process between June 16 and July 13. This consultation was done as part of our published annual methodology review process.No feedback was received during the consultation period and therefore no changes will be made to the methodologies at this stage.This consultation sou...Read More

Domestic prices for ferro-chrome in the spot market in China surged in the week ended Tuesday July 20 following production cuts in the province of Inner Mongolia.Fastmarkets' price assessment for ferro-chrome, spot, 6-8% C, basis 50% Cr, ddp China, jumped by 17.3% to 10,000-10,300 yuan ($1,541-1,587) per tonne on Tuesday, from 8,500-8,800 yuan per tonne one week earlier, and was now at its highest...Read More

Orezone Gold (TSXV: ORE; US-OTC; ORZCF) has released assays from its 90%-owned Bombore gold project in Burkina Faso, about 85 km east of the capital Ouagadougou. The 150.2 sq. km project hosts the largest undeveloped gold deposit in Burkina Faso, according to the company.Highlights included drillhole BBD1074, which intersected 50 metres grading 1.40 grams gold per tonne starting from 246 metres d...Read More

The companies making up the 2021 top ten list of U.S.-based mid-tiers and juniors, excluding coal and precious metals, have seen some of the most dramatic increases in valuations as their market caps surged over the course of the last year. This ranking is based on the companies' market capitalizations as of July 7, as compiled by MiningIntelligence.1. Energy FuelsMarket cap: US$773 millionEne...Read More

The U.S. Bankruptcy Court for the Southern District of New York has ruled the Kyrgyz government is in contempt of court for continuing its legal actions locally against Canada's Centerra Gold (TSX: CG; NYSE: CCAU) subsidiary, Kumtor Gold Company (KGC).The Kyrgyz government has revived a slew of previously settled alleged tax and environmental complaints at the Kumtor gold mine before the seizure o...Read More

Chilean miner Antofagasta (LSE: ANTO) saw copper output fall 2.8% to 361,500 tonnes in the first half of 2021 and warned that full-year production guidance, unchanged for now, could be affected by the lack of rainfall in the area where its flagship mine is located.Los Pelambres, located in Chile's Coquimbo region, 240 km northeast of Santiago, is beginning to feel the impact of one of the country'...Read More

With it sights set on taking its 100%-owned Fenix gold project in Chile towards production in the shortest possible timeframe, Rio2 (TSXV: RIO; US-OTC: RIOFF) has arranged a financing of about US$125-$135 million for the mine's construction.The financing package comprises a non-binding term sheet with Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) for a US$50 million gold purchase agreeme...Read More

The British Broadcasting Corporation has launched a three-part TV series on a "mountain full of treasure," and it's in Scotland. Apart from being bullish for the valuation of Scotland's first gold mine, it is a clear signal that the Northern Hemisphere is starting its silly season.Definitions of 'silly season' are hard to find but in North America this sleepy summer period is known, rather unimagi...Read More

There has recently been a lot of discussion and debate around the possible similarities and differences of gold and Bitcoin (and, by implication, other cryptocurrencies), and this has often included consideration of their relative environmental impacts and, specifically, their carbon footprints.Read full newsRead More

Agnico Eagle Mines (TSX:AEM)(NYSE:AEM) has earned a reputation as a partner of choice within the mining industry, and recognition as a company that operates with respect for others. While the company could not control the day-to-day turmoil of COVID-19, which included the temporary shutdowns, the evolving health and safety protocols, the stay-at-home work orders, the company did control priorities...Read More

While the general mood in the market is one of recovery and growth, not every sector is on the same page. Some, like energy, are finishing their growth sprint and entering the normalization phase, which might turn into a slide down if some external factors are triggered.Real estate, on the other hand, is still maintaining its momentum, but once the housing bubble starts to shrink at a considerable...Read More

Dear Outsider,The economy might be reopening, but it doesn't seem to be recovering.As we saw with earnings last week, cyclical stocks - those tied to a recovering economy - traded lower. That's Caterpillar (NYSE: CAT), General Electric (NYSE: GE), and Boeing (NYSE: BA). And as the Federal Reserve continues its easy money policy, bank shares, including Wells Fargo (NYSE: WFC) and Bank of America (N...Read More

Here are five Fastmarkets stories you might have missed on Thursday July 22 that are worth another look.Production of steel will be halted for at least two weeks in the key Bangladesh market when the country's latest Covid-19-related lockdown starts on Friday July 23, sources have told Fastmarkets.Read More

Fastmarkets is inviting feedback from the industry on the pricing methodology for MB-AL-0005 aluminium pressure diecasting ingot DIN226/A380, delivered Europe, and MB-AL-0040 aluminum alloy A380.1, delivered Midwest, as part of a methodology review process to meet the International Organization of Securities Commissions (IOSCO) principles.This consultation, which is open until August 18, seeks to...Read More

Base metals prices were up across the board at the 5pm close of trading on the London Metal Exchange on Thursday July 22, with the market appearing to calm down after a recent period of choppy trading."Two positive macro dynamics were at work this morning, and have provided the LME base metals with much-needed support," Fastmarkets analyst Andy Farida said on Thursday."The US Dollar Index has star...Read More

The dividend of US55c is payable on September 23 and is the same amount as the previous two quarterly dividends following a 38% boost in February."The declaration and payment of future quarterly dividends remains at the discretion of the board of directors and will depend on the company's financial results, cash flow and cash requirements, future prospects, and other factors deemed relevant by the...Read More