Turkish auto bundle scrap prices have gone down slightly over the past week in line with the strengthening of the country's lira against the US dollar, market sources said on Monday January 11.Domestic prices for long steel products and, therefore, auto bundle scrap in Turkey typically decrease in line with the stronger lira because mills buy most of their raw materials in dollars and sell their f...Read More

The seaborne hard coking coal cfr price rose by $1 per tonne to $196.03 per tonne cfr China on Monday January 11 while coke producers in parts of China proposed a 13th round of domestic price increases of around 100 yuan ($15) per tonne - effective from 12am China time on January 13, Fastmarkets understands.Fastmarkets indicesPremium hard coking coal, fob DBCT: $103.93 per tonne, unchangedPremium...Read More

Iron ore prices mostly declined on Monday January 11 along with futures, however, high-grade fines performed well due to tight supply, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $172.13 per tonne,down $0.93 per tonne62% Fe low-alumina fines, cfr Qingdao: $172.25 per tonne,down $1.08 per tonne58% Fe fines high-grade premium, cfr Qingdao: $157.87 per tonne,down...Read More

China's regulatory reboot to again become a major steel scrap importer is likely to cause supply problems for other consumers of Japanese material, market participants have told Fastmarkets.The first deals signed by Chinese companies after rules changed on December 31 to officially allow the restart of scrap imports to China have all been for vessels of Japanese material.If this continues, China's...Read More

Australia's Port of Port Hedland shipped 12% more iron ore in December than in November, data from the Pilbara Ports Authority released on Friday January 8 show.Iron ore exports to China also increased month on month, according to the statistics.The Port of Port Hedland exported 46.5 million tonnes of iron ore in December, compared with 41.6 million tonnes in November. Year on year, last month's e...Read More

New Appointment to Strengthen Independent Board Membership ELKO, Nevada, Jan. 11, 2021 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to announce the appointment of Michael Waldkirch to its Board of Directors as in Independent Director, effective immediately. Mr. Waldkirch will serve on the Board's Audit Committee as a design...Read More

China's domestic rebar prices decreased slightly on Monday January 11 despite tumbling futures, with a recovery in end-user demand providing some support to the spot market.DomesticEastern China (Shanghai): 4,480-4,500 yuan ($692-695) per tonne, down by 10-20 yuan per tonneTemperatures in eastern China have risen gradually in the past two days and the weather has been forecast to be mild over the...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...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

Soaring freight rates and tightening availability for prompt material pushed European manganese flake prices to a three-year high in the week ended Friday January 8, with more increases expected this week, market sources have told Fastmarkets.Fastmarkets' price assessment for manganese, 99.7% electrolytic manganese flake, in-whs Rotterdam, jumped by 6.8% to $2,450-2,550 per tonne on Friday from th...Read More

Key data from Fastmarkets' Friday January 8 pricing session in London.Key drivers- Antimony was trading at its highest price since April 2019, with tight raw material supply, limited container space and high freight costs continuing to bite, and rises also aided by a...Read More

Key data from Fastmarkets' pricing session in China on Friday January 8.Key drivers China's silicon exporters lowered their offers amid weakened domestic prices and after receiving limited overseas inquiries. Domestic prices for silicon grade 5-5-3 in China dropped...Read More

Key data from the Friday January 8 pricing session in Shanghai. Key drivers Chinese manganese flake exporters raised their offers following gains in the domestic market, where prices rose to around 15,000 yuan ($2,316) per tonne from around 14,000 yuan per tonne before the New Year holiday (January 1-3). Market...Read More

Base metals prices were for the most part weaker during morning trading on Monday January 11, while the dollar was firmer in line with strong US treasury yields. Asian-Pacific equities were mixed, while pre-market major western equity index futures were weakerBase metals Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, the exceptions were lead...Read More

Molybdic oxide and ferro-molybdenum prices gained ground in the week to Friday January 8 on a mixture of renewed trader buying interest and limited inventories. Fastmarkets' price assessment for ferro-molybdenum 65% Mo min, in-whs Rotterdam settled at $24.80-25.10 per kg on Friday, up from $24.50-25.10 per kg midweek. The price is up 7.5% since the end of 2020 when it stood at $22.90-23.50 pe...Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineIn time, EVs will win the race against internal combustion engines (ICE) but it will be a race r...Read More

Equinox Gold (TSX: EQX; NYSE: EQX) beat its revised 2020 production guidance and churned out 477,200 gold ounces last year. With 136,400 oz. generated in the fourth quarter, the company exceeded its prior forecast of 425,000 to 465,000 oz. for the year.The 2020 production numbers included gold poured during the ramp-up and commissioning of the Castle Mountain open-pit mine in California, which rea...Read More

The seaborne prices of both low- and high-grade manganese ore rose sharply in the week ended Friday January 8 after miners successfully raised their offer prices for February shipments with strong buying appetite from the alloy sector. Fastmarkets' manganese ore index 37% Mn, cif Tianjin soared by 41 cents (10%) week on week to $4.53 per dry metric tonne unit (dmtu) on Friday from $4.12 per d...Read More

New Found Gold (TSXV: NFG) has released partial assay results for four holes completed at the Keats zone and for six initial holes completed at the Little-Powerline zone within its Queensway gold project in Newfoundland.The Keats results included high-grade, near surface intercepts. Highlights were 10.4 metres of 22.5 grams gold per tonne from 11.7 metres and 15.9 metres of 31.4 grams gold per ton...Read More

The Government of Mongolia may cancel and replace the development and financial plan for the country's vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today.The company, which is controlled by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), said Mongolian authorities are dissatisfied with its plans and are particularly concerned about the costs of the expansion, re...Read More