China's domestic sellers for hot-rolled coil kept prices stable on Wednesday July 28 due to stronger demand and exporters insisted on high offers ahead of the month end, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,880-5,900 yuan ($904-907) per tonne, unchangedThe weather was clear in Zhejiang and Shanghai, so demand and logistics resumed, supporting HRC prices.Demand in parts of J...Read More

Base metals prices were mixed on the London Metal Exchange during morning trading on Wednesday July 28, with the market hesitant ahead of the Federal Reserve meeting later on Wednesday."United States' equity index futures traded mixed ahead of the Fed's policy statement, with analysts expecting modest tweaks on the inflation language and virus risks," Anna Stablum, LME desk analyst at Marex, said....Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies, Fleur...Read More

An overview of the consumer electronics markets and their latest price moves.Janie Davies, Cristina Belda and...Read More

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,...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 hydroxide p...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

Steelmakers in India have welcomed a newly approved Production Linked Incentive (PLI) program for the specialty steel sector to encourage domestic production, new investment and reduce imports. The South Asian country's Union Cabinet, chaired by the Prime Minister Narendra Modi, on July approved the PLI program for specialty steel in a push for a self-reliant India, a policy known as "Atmanirbhar...Read More

Canada's largest uranium producer Cameco (TSX: CCO) says it has managed to narrow its June-quarter headline loss despite a 32% drop in overall revenue. The quarter also saw its long-term uranium supply contract portfolio expand. In addition to the nine million pounds of uranium oxide in long-term sales contracts finalized in April, Cameco added another seven million pounds under contract in the l...Read More

First Mining Gold (TSX: FF; OTC: FFMGF) has entered into an exploration agreement with Animakee Wa Zhing #37 First Nation (AWZ 37) covering the Cameron gold project, 80 km southeast of Kenora, Ont. The accord is intended to promote a co-operative, collaborative and mutually beneficial relationship that supports both the company's exploration activities and the interests of the First Nation.First...Read More

Alphamin Resources (TSXV: AFM) reported additional assay results from drilling at Mpama South, a high-grade tin discovery located 750 metres south of the company's operating Mpama North mine in the Democratic Republic of Congo (DRC).Alphamin produces around 4% of the world's mined tin from its high-grade operation in the DRC. Mpama North is currently the highest-grade tin mine in the world, produc...Read More

Bluejay Mining (US-OTC: BLLYF; LSE: JAY) has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects in Finland to Metals One for ?4 million ($7 million) in cash and shares.The explorer and developer is not fully walking away from the assets, as the deal makes it a significant shareholder Metals One, a battery metals miner.Bluejay is also keeping its Outokumpu copper go...Read More

While tight flows continue to be a concern for dealers, processors and consumers, the stainless steel scrap market in the United States has remained firm, sources said, with prices for 300 grades increasing while 400 grades mostly held steady."Now it looks like the Covid-19 delta variant has caused supply concerns while scrap demand continues to be strong from the mills, as their order books conti...Read More

Plentiful supply of ferrous scrap on the United States East Coast continued to weigh heavily on deep-sea export prices to Turkey, with a Turkish mill securing a cargo at a discount of $4-9 per tonne compared to the last-reported US sale.An East Coast exporter sold a cargo of unspecified tonnage comprising an 80:20 mix of No1 and No2 heavy melting scrap priced at $471 per tonne cfr and shredded scr...Read More

China's powerful state planner has rallied top coal miners to prioritise thermal coal supplies to the central province of Henan after it was battered by devastating floods that killed 73 people and caused massive power blackouts.Read full newsRead More

Diamond drilling has commenced at the Florin Gold ProjectThe company is planning...Read full newsRead More

UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More

Kenorland Minerals Ltd. is pleased to announce it has enteredRead full newsRead More

Long-term investors often view gold as a hedge against stocks. However, gold stocks usually generate higher returns than physical gold prices, making them better investments than the yellow metal. As per a McKinsey & Company report, gold stocks had provided a 33% return to the shareholders in 2020, easily outpacing major indexes such as the S&P500 and Dow Jones.If markets turn turbulent in...Read More