Anglo American (LSE: AAL) and German steel producer Salzgitter Flachstahl will work together on decarbonizing the steel sector by exploring ways to reduce carbon emissions. The partners intend to conduct research into feed materials, including iron ore pellets and lump iron ores, suitable for use in direct reduction (DR) steelmaking based on natural gas and hydrogen. "This is a significant...Read More

The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the Beaufor gold mine and Beacon mill, 20 km east of Val-d'Or. The three-year term loan agreement with Investissement Quebec bears interest at a rate of 6% a year until the restart of the mine and mill, 5% during the first year...Read More

Steelmakers in China are preparing to join the country's national carbon trading market by measuring their emission levels to secure carbon quotas that match their output.The China Iron & Steel Association has instructed member mills to submit their production and carbon emission details to it by August 14 to study the quota for every mill. The steel sector is among the next slew of major industri...Read More

TSX: NVO | TSX: NVO.WT | OTCQX: NSRPFRead full newsRead More

No one in the mines along the Lihanda corridor - stretching from Kakamega all the way to Vihiga - appears bothered about the other graduates.Read full newsRead More

Former Ivanhoe CEO Is Building Startup with Great Nevada AssetsRead full newsRead More

Straightup Resources Inc. is pleased to announce that a field creRead full newsRead More

Metals prices have seen high volatility in recent months. As a result, the shares of most Canadian metals mining companies are trading on a mixed note lately. However, I expect metals prices to resume their long-term upward trend after the ongoing short-term correction amid consistently rising demand. That’s one reason why I find the shares of many TSX mining companies cheap at the moment. L...Read More

The shiny allure of gold is just as powerful as the tangible solidity of hard assets like real estate, especially when you are disenchanted with the stock market. Gold, whether you buy the metal itself or invest in it through golden companies and ETFs, can provide a powerful hedge against market fluctuations and volatility.Even though a correction might not be on the horizon yet, if you believe on...Read More

Here are five Fastmarkets stories you might have missed on Thursday August 5 that are worth another look.Brazil has joined other major commodity producers in South America, such as Chile and Peru, in a debate about whether to increase mining royalties because of soaring prices - and it can be...Read More

Brazilian imports of primary unalloyed aluminium rose by 142% year on year in July, putting a newly approved duty-free quota extension under pressure, according to data published by the ministry economy on Wednesday August 4.The country imported 37,181 tonnes of primary aluminium in July, up significantly from 15,376 tonnes a year before.During the January-July period, imports totaled 26...Read More

Brazilian aluminium association Abal has appointed a woman as executive president for the first time, with Janaina Donas taking over the role previously held by Milton Rego after a seven-month recruitment process, the group said on Thursday August 5.Donas most recently acted as an external relations and new business director for Latin America in Peru and the United States for US-based gold-copper-...Read More

Here are five Fastmarkets stories you might have missed on Thursday August 5 that are worth another look.Brazil has joined other major commodity producers in South America, such as Chile and Peru, in a debate about whether to increase mining royalties because of soaring prices - and it can be...Read More

There was a strong rise in the European market for low-carbon ferro-chrome in the week ended Tuesday August 3, in response to tight supply and the imposition of export taxes in Russia and China.Fastmarkets' price assessment for ferro-chrome, 0.10% C, average 65-70% Cr, delivered Europe, was $2.17-2.51 per lb Cr on August 3, a rise of 2.4% from $2.10-2.47 per lb Cr one week earlier."Offers prices a...Read More

Chinese exporters raised their offers for ammonium paratungstate (APT) this week amid concerns about higher replacement costs and currency fluctuations owing to shipment delays.Fastmarkets' weekly price assessment for tungsten APT 88.5%WO3 min, fob main ports China was $302-308 per metric tonne unit (mtu) on Wednesday August 4, up by $5-7 per mtu (2%) from $295-303 per mtu on July 28. Deals were r...Read More

Here are five Fastmarkets stories you might have missed on Thursday August 5 that are worth another look.Brazil has joined other major commodity producers in South America, such as Chile and Peru, in a debate about whether to increase mining royalties because of soaring prices - and it can be...Read More

Cobalt hydroxide prices rose recently despite weakness in downstream salt prices in the domestic Chinese market, as ongoing disruptions and delays at port operations in South Africa have prompted sellers to keep their offers firm and take advantage of spot sales where buyers need prompt availability.Fastmarkets' assessment for the cobalt hydroxide payable indicator, min 30% Co, cif China was 88-92...Read More

Bangladeshi steelmakers have showed only limited interest in buying imports of steel scrap over the last week amid a continuing strict lockdown in the country, sources said on Thursday August 5.The country's strict Covid-19 lockdown was extended until Tuesday August 10, government officials announced on August 3. A feature of this latest lockdown is that most heavy industry such as steel productio...Read More

Turkish steel producers took a break from purchasing deep-sea scrap on Thursday August 5 after booking at least five cargoes earlier this week, market sources told Fastmarkets.The most recent deal was recorded on Wednesday August 4, when a steel mill in the Izmir region booked a US cargo comprising 15,000 tonnes of HMS 1&2 (80:20) at $464 per tonne, and 14,000 tonnes of shredded and 2,000 tonnes o...Read More

The emergence of cheaper South Korea-origin steel scrap in the market has reduced prices for imported scrap in China, with the Chinese market is still reeling from strict production cuts, sources told Fastmarkets on Thursday August 5.Chinese scrap demand has been dampened by lower converter and EAF operation rates Strong shredded prices in Pakistan prevented sales to Bangladesh A major South Korea...Read More