A return of buying activity in the selenium market and larger traded volumes since the start of 2021 have renewed price optimism among some market participants. Fastmarkets assessed the price of selenium, 99.5% Se min, in-whs Rotterdam at $6-7 per lb on Friday January 29, stable from the midweek assessment but up by 8.3% from $5.50-6.50 per lb a month ago amid improved liquidity. The majority...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, $/lb at 20.00-21.55 on Tuesday February 02, 2021.Bid a...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.Fastmarkets assessed Cobalt alloy grade, in-whs Rotterdam, $/lb at 20.00-21.00 on Tuesday...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.We spoke in our previous tracker of stainless steel prices ending 2020 on a high. That trend has continued during early 2021 and, in fact, the upward rally in prices has increased its momentum.Compared with the monthly price increase of some 5% seen at the end of 2020, prices for grade-304 stainless steel in al...Read More

Market participants in the aluminium industry are calling for more transparency in low-carbon aluminium pricing, following recent global initiatives to lower carbon emissions that have created greater demand for such products. One point of discussion has been whether low-carbon aluminium can fetch an additional premium for its 'green' status or whether there is zero difference at this moment in ti...Read More

Mining entrepreneur and investor Pierre Lassonde, Chairman and CEO of Firelight Investments, has purchased 2 million common shares of Mexico-focused Prime Mining (TSXV: PRYM), bringing his stake in the junior explorer to 11.9%.Lassonde acquired the latest shares for "investment purposes" and now directly owns 143,000 common shares of the company, and indirectly owns another 7 million common shares...Read More

Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey's Mineral Commodity Summaries report. The figure was about US$1.5 billion lower than 2019's US$83.7 billion.The report - now in its 26th year - covers about 90 nonfuel minerals monitored by USGS and includes industrial minerals and natural aggregates as well as ferrou...Read More

After declining in 2019, global gold production was adversely affected by the Covid-19 pandemic during 2020, while the suspension of expansion works and contractions from mines nearing closure also exacerbated the decline.Overall gold output in 2020 is estimated to have declined by 5.2% to 108 million ounces, according to U.K.-based analytics company GlobalData.This year total gold production is e...Read More

Following last year's addition of the Goldlund project to the Goliath gold project in northwestern Ontario, Treasury Metals (TSX: TML) has released an updated preliminary economic assessment (PEA) for the expanded complex.The early-stage study suggests a 5,000 tonne-per-day combined open pit and underground operation, mining the Goliath, Goldlund and Miller deposits along a 65-km trend. Goldlund a...Read More

This week's episode features Cambridge House president and CEO Jay Martin, who discusses the hottest trends in the retail investment market. Jay describes the growing impact of YouTube on the financial newsletter space, the roller coaster quality of the crypto market, and how healthcare might be the next great bull market.All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Rail...Read More

Just a month after posting a hefty increase in reserves and resources at its Beta Hunt mine in Australia, Karora Resources (TSX: KRR) has released high-grade exploration results that point to further expansion potential.Drilling at the new Larkin zone discovery made in September has returned several high-grade hits. Highlights from the infill and stepout drill program in hole 023E included: 9 metr...Read More

Vancouver-based junior Lithium Americas (TSX: LAC; NYSE: LAC) received final approval from the U.S. Bureau of Land Management (BLM) for the company's Thacker Pass lithium mine project in northwestern Nevada on Jan. 15.The project, located 100 km northwest of Winnemucca, in the state's Humboldt County, is host to the largest known lithium resource in the United States, and Lithium Americas has be...Read More

Hard on the heels of the most depressing time of the year in the U.K. (commonly regarded as the third week of January) we have had uplifting celebrations in Scotland and Wales on the same day, January 25.On that date, the Scottish celebrate the birth in 1759 of their national poet, Robert (Rabbie) Burns. Much of his poetry is impenetrable to English ears (perhaps that's the appeal). In his "Addres...Read More

Africa-focused Gem Diamonds (LSE: GEMD) ended 2020 in much better shape than many of its peers as it recorded revenue growth driven mostly by a sharp recovery in prices and sales during the second half of the year.The miner saw sales rise 4% to US$189.2 million for the year, it reported today. The average price jumped 17% to US$1,908 per carat, up from US$1,637 per carat achieved in 2019. That ou...Read More

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Special Report: Australian gold company Kaiser Reef has announced a maiden drilling result for its recently acquired A1 Mine in ... Read More The post Kaiser Reef takes first steps to expand gold resource for its A1 Mine appeared first on Stockhead.Read full newsRead More

Oil surged again, rising above US$55 a barrel in New York to its highest level in a year as the virus-recovery rally continued.Read full newsRead More

Lithium Americas’ (TSX:LAC)(NYSE:LAC) stock has risen by 397% in the last year. It means if you’d invested $1,000 in its shares a year ago, your money would have grown to about $4,970 today. Its outstanding historical returns are not the only thing that makes it a great TSX stock to buy today. Let’s dive deeper into other factors that make Lithium Americas stock one of the best T...Read More

Kirkland Lake Gold (TSX:KL)(NYSE:KL) is a stock I’ve been pounding the table on lately. Indeed, I think this is the best gold company in the universe right now.Here’s why I think Kirkland Lake would be a stock Warren Buffett would consider from a value perspective.Balance sheet and cash flow growth impressiveFundamentally, Kirkland Lake is 11 out of 10 as far as gold miners go. In...Read More

Jeff Bezos led Amazon.com, Inc. (NASDAQ:AMZN) just became the second public tech firm to report more than US$100 billion in quarterly revenue after Apple. In Q4 2020, AMZN’s revenue rose by 44% from a year ago to a record US$126 billion. With this, its adjusted net profits more than doubled to US$7.2 billion during the quarter — crushing analysts’ estimates of US$3.7 billion.Amaz...Read More