Seaborne iron ore prices fell on Wednesday December 30 amid weakened market sentiment while the iron ore lump premium made more gains amid increased demand over winter, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $159.85 per tonne, down $3.17 per tonne62% Fe low-alumina fines, cfr Qingdao: $161.25 per tonne, down $2.25 per tonne58% Fe fines high-grade premium, cfr Qingdao:...Read More
Seaborne premium hard coking coal prices in the fob and cfr markets diverged slightly on Wednesday December 30 while market participants were in wait-and-see mode as the New Year approaches.Fastmarkets indicesPremium hard coking coal, fob DBCT: $104.39 per tonne, down $0.49 per tonnePremium hard coking coal, cfr Jingtang: $200.06 per tonne, up $0.26 per tonneHard coking coal, fob DBCT: $90.05 per...Read More
ELKO, Nevada, Dec. 30, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to announce that it will hold electronic investor update webinars throughout January 2021. Mr. Edward Karr, Executive Chairman will update attendees and USAU shareholders on the Company and will be available for questions after an initial presentation....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.Fastmarkets assessed Cobalt...Read More
Seaborne prices of both low- and high-grade manganese ore in China continued to find support from persistent strength in the portside ore and alloy markets in the latest pricing period ended Tuesday December 29, despite the absence of some participants due to the Christmas holidays. Fastmarkets' manganese ore index 37% Mn, cif Tianjin rose 18 cents (4.6%) week on week to $4.12 per dry metric tonne...Read More
The latest data for the global manganese ore market for the week ended December 29, 2020.Read More
Pure Gold Mining (TSXV: PGM; LSE: PUR; US-OTC: LRTNF) poured its first gold in the final week of 2020 at its PureGold mine in Red Lake, Ontario and the company expects to reach commercial production by the end of the first quarter of 2021.The company plans to provide full-year guidance for 2021 once the mine reaches commercial production."To build a mine at any time requires a complete team effort...Read More
In a Dec. 29 communiqu?(C) reproduced by state-owned news agency Andina, the Peruvian Ministry of Energy and Mines (Minem) expressed its opposition to the blockades taking place on the Southern Runway (Corredor Vial del Sur), which are hindering the transport of copper concentrate and personnel to and from MMG's Las Bambas mine.The activists launched their protest action two weeks ago in the Velil...Read More
Mirasol Resources (TSXV: MRZ) announced that Newcrest Mining (TSX: NCM) has exercised its option to enter the farm-in phase of its joint venture to develop the Gorbea gold project in Chile by making a $500,000 payment to Mirasol.To date, Newcrest has completed 5,426 metres of drilling and spent more than US$9 million on the project, exceeding the minimums required under the option phase. The dr...Read More
Mexico's federal permitting authority, SEMARNAT, has rejected the environmental permit application (MIA) for Almaden Minerals' (TSX: AMM) Ixtaca gold-silver deposit, one of the country's significant precious metal discoveries.The company received notification from SEMARNAT on Dec. 21. Almaden originally submitted the MIA in early 2019.Reasons cited for not approving the MIA, in the company's view,...Read More
Gold prices increased 1% on Monday after news of the singing of the new $ 2.3 Trillion bill that contains $ 900 Billion in pandemic relief aid and $ 1.4 Trillion in government spending to fund federal agencies. Many analysts see this bill as crucial in removing the immediate uncertainty with distribution of checks and loans to individuals and small businesses. Vaccine rollouts also continue on tra...Read More
Bloomberg News' Eddie van der Walt discusses the cryptocurrency's latest rally.Read full newsRead More
/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More
/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More
Rio Silver Inc. is pleased to announce the voting results from itRead full newsRead More
Maple Gold Mines Ltd. is pleased to announce that it has closed iRead full newsRead More
Searchlight Resources Inc. is pleased to announce that it has cloRead full newsRead More
It's the time of the year that most of us would be dressing up for holiday parties, kissing under the mistletoe, and drinking a bit too much eggnog.Sadly, Christmas in 2020 has killed two out of the three. Parties are canceled.Travel is on hiatus. Kisses are verboten.Hell, I don't think mommies are even kissing Santa Claus this year. That would be a superspreader event the likes of which the wor...Read More
If you're anything like many Americans, you're probably breathing a sigh of relief that 2020 is almost over.After the year the country's had, it's not surprising that many people just want it to be over and done with.But just like the changing of the year won't automatically result in weight loss, quitting of smoking, or the learning of a new skill, it won't lead to things instantly getting better...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 31 that are worth another look.The global pig iron market remained strong, but activity was limited during the week to December 31 due to the end-of-year holiday period.Argentinian aluminium producer Aluar finished 2020 at 70% capacity utilization, ramping up...Read More