Seaborne coking coal prices across the board increased further on Tuesday September 7, with limited materials available for the spot market, sources said.Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $457.81 per tonne, up $7.20 per tonneHard coking coal, cfr Jingtang: $431.42 per tonne, up $6.31 per tonnePremium hard coking coal, fob DBCT: $283.81 per tonne, up $7.21 per tonneHard cok...Read More

The possibility of tighter production cuts in China in early 2022 has led to a drop in raw materials prices across the ferrous chain in China, sources told Fastmarkets on Tuesday September 7.Stricter production policies in China put pressure on scrap demandJapan-origin offers to China remain unchangedTaiwan buys containerized scrap at $450 per tonneChinaThe Chinese government's stricter stanc...Read More

China imported 97.49 million tonnes of iron ore in August, down by 3% from 100.36 million tonnes one year earlier but 10% higher month on month after a four-month decline, Chinese customs data showed on Tuesday September 7.Last month's imports are 8.99 million tonnes higher compared with July's 88.5 million tonnes.August's import levels also mark the third high point...Read More

Spot prices for hot-rolled coil prices in China's domestic market were unchanged on Tuesday September 7, subdued by continued weakness in demand but supported by the ongoing production curbs.DomesticEastern China (Shanghai): 5,800-5,850 yuan ($898-905) per tonne, unchangedThe most-traded HRC contract on the Shanghai Futures Exchange hit 5,889 yuan per tonne in overnight trading, its high...Read More

China's domestic rebar prices continued to trend upward on Tuesday September 7 but trading activity fell in response to the increases.DomesticEastern China (Shanghai): 5,320-5,370 yuan ($824-831) per tonne, up by 40-60 yuan per tonneRebar futures traded above Monday's settlement price of 5,427 yuan per tonne throughout the day on Tuesday.Sellers - already expecting lower steel production rates to...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...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...Read More

Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals - more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late May. The $0.70 per share offer trumps BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) friendly $0.55 per share bid for Noront, made in late July. It's also more than double what Wyloo first proposed in May - $0.315...Read More

Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) says lower than expected drilling productivity due to adverse weather and staffing shortages at its Arctic copper project in remote northwestern Alaska will not detract from the project's permitting and development timeline.The project, part of the so-called Upper Kobuk Mineral Projects (UKMP) being managed by the Ambler Metals joint venture between the comp...Read More

This week's episode features the opening remarks of the 2021 Canadian Mining Hall of Fame by Northern Miner group publisher Anthony Vaccaro. This year's inductees were Patricia Dillon (b. 1952), David Elliott (b. 1948), William Gladstone Jewitt (1897-1978), Steven D. Scott (1941-2019), and Mary Edith Tyrrell (1870-1945).All this and more with host Adrian Pocobelli.Music Credits:"Rattlesnake Railr...Read More

Australian lithium producer Pilbara Minerals (ASX: PLS) has announced a 39% increase in the mineral resource at its flagship 100%-owned Pilgangoora lithium-tantalum project in Western Australia's Pilbara region to 308.9 million tonnes, reinforcing its position as the world's most extensive hard-rock lithium operation.The updated mineral resource, which replaces the prior June 2020 estimate, now co...Read More

Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is trimming its exploration portfolio in a bid to free up cash to focus on its best targets as it advances development of the giant Cascabel copper-gold project, located 180 km north of the country's capital, Quito. The miner intends to shed ten of the 72 exploration concessions held within its four subsidiaries in the South American country. The...Read More

BURKINA-SECURITY/IAMGOLD (PIX):Iamgold suspends convoys to Burkina Faso gold mine after attackRead full newsRead More

Matador Mining (ASX: MZZ) has uncovered gold grading 55.4 grams per tonne during power auger drilling at the greenfields Big Pond target within the Cape Ray project in Canada.Read full newsRead More

TRU Precious Metals announces the appointment of Ms. Olga Nikitovic, CPA, CA, as its new Chief Financial Officer, effective September 3, 2021.Read full newsRead More

Investing in stock markets need not require huge capital upfront. Investors can create a significant fortune in the long term by making small but regular investments. Meanwhile, here are four top Canadian stocks that you can buy below $10 to earn robust returns. WELL Health After delivering impressive returns of over 3900% in the last five years, WELL Health Technologies (TSX:WELL) is under p...Read More

Canadian stocks traded on a mixed note on Tuesday. While the S&P/TSX Composite Index notched another intraday record high near 20,897 yesterday, it couldn’t sustain these gains. The index settled at 20,806 — with a minor 0.7% decline from the previous session’s closing. Minor weakness in commodity prices coupled with fears about the slowing pace of the economic recovery could...Read More

Canadians can make money in stocks and earn $150 per month before this year is over. The TSX is on a hot streak and on course to end 2021 with a bang. Two stable, performing dividend stocks, Timbercreek Financial (TSX:TF) and Aura Minerals (TSX:ORA), should be on your radar or shopping list by now. The combined share price is a little over $25, while the average dividend yield is 6.9%. Likewise, y...Read More

Sep 08, 2021 Guest(s): Chen Lin Founder, ChenPicks.com China is currently making reforms to redistribute wealth. This will have an adverse effect on the economy as investors move capital and business away from the country, and worse, cause an outright civil war, said Chen Lin, president of Lin Asset Management."There is a historical precedent. I'm not saying that what happened 2,000 years ago in...Read More

Here are five Fastmarkets stories you might have missed on Wednesday September 8 that are worth another look.The Ukrainian Intergovernmental Committee for International Trade has initiated an anti-dumping investigation into imports of steel seamless cold-drawn and cold-rolled pipe originating from China.A second lithium trade has been brokered against the CME...Read More