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

January 30, 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 standard grade, in-whs Rotterdam, $/lb at 19.15-20.00 on Friday January 29, 2021.Offer.....Read More

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

January 30, 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...Read More

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

January 30, 2021 / 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

January 30, 2021 / 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.Fastmarkets assessed Cobalt sulfate...Read More

MORNING VIEW: Base metals prices mixed, with downside bias; broader markets under pressure

January 30, 2021 / www.metalbulletin.com

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part weaker this morning, Friday January 29, with aluminium bucking the trend on both exchanges and March tin on the SHFE also higher. Asian-Pacific equities and major western pre-market equity index futures were weaker this morningOverall the base metals are looking heavyBase metals Three-month alumini...Read More

EUROPE STAINLESS STEEL: Prices climb on nickel costs, demand

January 30, 2021 / www.metalbulletin.com

The price of flat-rolled stainless steel in Europe increased strongly in the week to Friday January 29, on higher nickel costs and increasing demand, sources told Fastmarkets. Fastmarkets' weekly price assessment of stainless steel cold-rolled sheet 2mm grade 304 transaction domestic, delivered North Europe was ?,?2,380-2,400 ($2,882-2,906) per tonne on Friday, up by ?,?80 per tonne week on week f...Read More

Gold projects needed

January 29, 2021 / www.mining-journal.com

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldWhile gold prices have fallen about US$100/oz since the start of the year, they remain upbeat about the effects of furt...Read More

European tungsten producer Almonty advances Korean Sangdong project

January 29, 2021 / www.northernminer.com

Almonty Industries (TSX: AII; US-OTC: ALMTF) has two mines in Europe producing tungsten concentrate - the Los Santos mine in western Spain and the Panasqueira mine in Portugal - but it's the Sangdong tungsten project in South Korea that has become the junior's main focus in recent years.Sangdong - once one of the world's largest tungsten mines in production and still one of the few high grade tung...Read More

China to receive three more Japanese scrap cargoes by early March

January 30, 2021 / www.metalbulletin.com

Three more Japanese scrap cargoes will land in China by early March, the China Iron & Steel Association (Cisa) said on Friday January 29.A 2,800-tonne parcel bought by Zhejiang Judong will load soon from Japan and land in early-February. The parcel was sold by Japan's Pinghe Trading.A 3,000-tonne parcel sold by Japanese trader Hanwa to eastern China steel mill Shagang will load in mid-to-late Febr...Read More

Evolution Mining sees rising cash flow from Red Lake

January 29, 2021 / www.northernminer.com

Australian gold producer Evolution Mining (ASX: EVN) says performance improvements at its Red Lake mine in Canada are putting its turnaround plans for the operation ahead of schedule.In the quarter ending Dec. 31 (Evolution's second quarter of 2021), production from its Red Lake operation in Ontario rose 27% to 33,709 oz. gold at an all-in sustaining cost (AISC) of A$1,937 per oz. (US$1,481 per oz...Read More

Samarco hit with almost $1B lawsuit

January 29, 2021 / www.northernminer.com

The beleagured Sarmaco joint-venture in Brazil between BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Vale (NYSE: VALE) has been hit with an almost US$1 billion lawsuit from noteholders who accuse the company of ignoring their requests to restructure their debt.The claim, filed in October last year by the Bank of New York Mellon on behalf of noteholders, states the US$898 million sought from Samarco is m...Read More

VIETNAM STEEL SCRAP: Covid-19 resurgence dampens buying sentiment

January 30, 2021 / www.metalbulletin.com

A resurgence of Covid-19 in Vietnam and the continual price falls in the Japanese domestic scrap market have dampened buying sentiment in the week to Friday January 29, sources told Fastmarkets.Offers for bulk Japanese H2 materials had initially been at $415-420 per tonne cfr Vietnam on Tuesday before falling to $400-405 per tonne cfr Vietnam by Wednesday.There was a transaction concluded at $380...Read More

GLOBAL LITHIUM WRAP: China's uptrend continues but buyers retreat ahead of CNY holiday

January 30, 2021 / www.metalbulletin.com

The rally in China's domestic lithium prices continued to influence markets in the rest of Asia in the week to Thursday January 28, but trading has thinned in the run-up to the Lunar New Year holiday in mid-February. China's battery-grade lithium prices rose again due to limited spot availability and because some producers had stopped offering ahead of Chinese New Year. Asian battery-grade lithium...Read More

"I want to re-establish Rio Tinto as a trusted partner": Miner appoints new Australia chief executive

January 29, 2021 / bit.ly

Shake-up at the top is focused on ESG and rebuilding trustRead full newsRead More

Tianqi #Lithium's controlling shareholder to get investment of up to $2.5 bln $SQM

January 29, 2021 / reut.rs

Tianqi Lithium Corp on Friday said an unnamed entity would invest up to 16 billion yuan ($2.5 billion) in its controlling shareholder as the Chinese company continues to look for ways to pay down debt.Read full newsRead More

All the mines #Tesla needs to build 20 million cars a year

January 29, 2021 / bit.ly

Elon Musk has set a production target of20 million vehicles annually before 2030. For starters: 23 Ambatovys at $8.5 billion a pop.Read full newsRead More

Ethiopia: Gold mining sees record growth despite Covid-19

January 29, 2021 / dlvr.it

High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More

Gold ETF selling slows

January 29, 2021 / dlvr.it

That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More

Ethiopia: Gold mining sees record growth despite Covid-19

January 29, 2021 / dlvr.it

High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More

RT @KitcoNewsNOW: Canada Silver Cobalt drills bonanza 89,853 g/t silver interval in Ontario

January 29, 2021 / www.kitco.com

(Kitco News) - 90 percent native silver in the coarse, metallic fraction, 894,813 g/t Ag (26,103 ounces per ton).Read full newsRead More

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