The prices of most base metals on the London Metal Exchange closed lower week-on-week on Friday March 5, coming off highs realized at the end of February.The nickel three-months LME Daily Official price closed at $16,425 per tonne in Friday's session and showed the steepest decline, down by 11.5% compared with the corresponding time last week.Supply-side nickel issues helped to stoke bearish senti...Read More
Spot copper concentrate treatment and refining charges (TC/RCs) fell sharply to fresh multi-year lows on Friday March 5 due to smelters competing with traders for direct-from-mine cargoes. Fastmarkets' benchmark copper concentrates TC index, cif Asia Pacific...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More
China's production of refined zinc and concentrates will increase in 2021, with new mining projects and a recovery in existing domestic production boosting its capacity, attendees at an International Zinc Association (IZA) virtual panel discussion heard on Wednesday March 3.Fewer production interruptions caused by environmental inspections at domestic smelters, new projects coming online and a ram...Read More
Bob Moriarty ArchivesMar 5, 2021If you ever want to know how good a book is, don’t bother asking the author. After all, it’s their baby. No parent ever admitted his child fell out of an ugly tree and hit every branch on the way down. Ask other readers. Now and again they will tell you the truth. These are the actual reviews of What Became of the Crow? taken from Lulu andAmazon. While t...Read More
Mar 05, 2021 The president and CEO of Fosterville South Exploration (TSX-V:FSX), Bryan Slusarchuk, likes to tout his neighbors in Victoria, Australia.Fosterville Gold Mine, owned by Kirkland Lake Gold, is one of the world's highest grade and lowest cost gold mines, and it is right beside Fosterville South Exploration."At Fosterville South we've acquired and assembled over a multi-year process what...Read More
Adam HamiltonArchivesMar 05, 2021Gold has suffered unrelenting selling in the last couple months, hammering it and its miners' stocks much lower. Those outsized anomalous losses have left sentiment in tatters, with overpowering bearishness universal. Gold's thrashing had nothing to do with fundamentals, it was driven by cascading momentum selling in gold futures and gold-ETF shares. But such dumpi...Read More
Spot copper concentrate treatment and refining charges (TC/RCs) fell sharply to fresh multi-year lows on Friday March 5 due to smelters competing with traders for direct-from-mine cargoes. Fastmarkets' benchmark copper concentrates TC index, cif Asia Pacific...Read More
The North America-focused producer company raised £12.3 million in a placing at 35p as well as a direct subscription worth £4.15 million, the company said on Friday.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday March 5. China High-grade seaborne ore prices rose after miners raised their offers for April shipment. Some buyers accepted the elevated offers, while others showed resistance given the current portside prices and persistently high port inventories. Low-grade prices continued upwards aft...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More
The spot cobalt market was treading water on Thursday March 4 while market sources mulled whether falls in copper, nickel and Chinese cobalt futures prices could spill over to hit benchmark cobalt metal prices, sources told Fastmarkets Fastmarkets' benchmark price assessment for cobalt standard grade, in-whs Rotterdam stood at $24.75-25.65 per lb on Thursday, unchanged from the previous day b...Read More
Steel scrap prices continued to surge this week due to sustained demand from buyers in all markets, with the exception of India. Downstream steel prices have supported raw material price increases in Asia, with buyers melting scrap to feed demand for billet and long steel products.Turkey books Canadian, Baltic Sea scrapUS export prices to go higherVietnam buys deep-sea bulk cargoesTaiwan chases co...Read More
Prices for shredded steel scrap imported into India and Pakistan were largely unchanged over the week to Friday March 5 on lackluster interest among mills, sources have told Fastmarkets.IndiaFastmarkets calculated its steel scrap, shredded, index, import, cfr Nhava Sheva, India, at $460.86 per tonne on Friday, only slightly up from $459.75 per tonne one week earlier.A deal was heard at $455 per to...Read More
The recent rally in the light iron steel scrap market in the UK extended into a third week amid a persistent tightness of supply into yards and firm demand for exports, sources told Fastmarkets on Friday March 5.Fastmarkets' weekly price assessment for steel scrap 5C, loose old light, domestic, delivered inter-merchant, UK, was ?150-165 ($209-230) per tonne on Friday, up from ?145-160 per tonne...Read More
An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More
The spot cobalt market was treading water on Thursday March 4 while market sources mulled whether falls in copper, nickel and Chinese cobalt futures prices could spill over to hit benchmark cobalt metal prices, sources told Fastmarkets Fastmarkets' benchmark price assessment for cobalt standard grade, in-whs Rotterdam stood at $24.75-25.65 per lb on Thursday, unchanged from the previous day b...Read More
Share this article VANCOUVER - Denarius Silver Corp. will commence trading on the TSX Venture Exchange on Monday March 8, 2021, under the symbol DSLV.The company's mining portfolio has exposure ranging from exploration to near-term production of multi-metal assets offering leverage across multiple markets.The Lomero-Poyatos Project, to be acquired by the company, is a polymetallic deposit locate...Read More
China's domestic battery-grade lithium hydroxide price surged by 19.8% to a 19-month high on Thursday March 4, driven by tight spot supply and higher offering prices from most producers - conditions that have supported bullish market sentiment across the other global regions.The ex-works China battery-grade lithium hydroxide price hit a 19-month high after producers offered aggressively in respons...Read More