Popular News

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

January 29, 2021 / www.metalbulletin.com

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 grade, in-whs...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

January 29, 2021 / www.metalbulletin.com

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 Cobalt alloy grade,...Read More

COBALT SNAPSHOT: Inter-trade business stokes price rally

January 29, 2021 / www.metalbulletin.com

Key data from Fastmarkets' Thursday January 28 pricing session in London.Key drivers Inter-trade transactions pushed cobalt prices upward, while some producers were reporting that they were sold out for some months, having committed any spare volumes in recently...Read More

MANGANESE FLAKE SNAPSHOT: Profit-taking weighs on price; range widens in active spot market

January 29, 2021 / www.metalbulletin.com

Key data from the pricing session in London on Wednesday January 27. Key drivers  The midweek correction downward follows a sharp increase this month because buyers have started to refuse to accept increasingly higher offers.  Active spot trading as widened the range.  The European market had moved more than 30% since the...Read More

INDIUM SNAPSHOT: Material tightness intensifies before Chinese New Year

January 29, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday January 27.Key drivers Indium found significant support with higher offers - close to $200 per tonne - heard globally while a robust futures market sustained the uptrend and sparked traders' interest. The price has now reached its highest since April 2019. Some producers were reportedly sold out, with producers in Japan and Canada&n...Read More

'Worrying' shortage of European titanium scrap to extend price rally, sources say

January 29, 2021 / www.metalbulletin.com

The European titanium scrap market, which was steady in the week to Wednesday January 27, looks set to resume its price rally that started in September 2020 in the near term, market sources told Fastmarkets. Fastmarkets' titanium scrap turnings, unprocessed type 90/6/4, 0.5% Sn max, cif Europe price stood at $1.60-1.75 per lb in the latest assessment on Wednesday, while titanium scrap tu...Read More

China's domestic stainless steel prices rise further

January 29, 2021 / www.metalbulletin.com

China's domestic stainless steel market continued to strengthen over the past week on tight supply and high prices for raw materials.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 15,100-15,900 yuan ($2,332-2,456) per tonne, up by 200 yuan per tonne from a week earlier. A shortage of stainless hot-rolled coil - the upstream product for stainless CRC - sent prices for the f...Read More

Five 2021 investment guideposts

January 28, 2021 / www.mining-journal.com

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldSector investment conditions have improved dramatically since the end of March 2020, consistent with the v-shaped turna...Read More

Rupert Resources reports more assays from Pahtavaara project in Finland

January 28, 2021 / www.northernminer.com

Rupert Resources (TSXV: RUP) reported new results from its 60,000 metre drill program in Finland and noted that the latest holes have increased the maximum intersected vertical depth at its Ikkari prospect to 480 metres from 75 metres in the east and to 320 metres from 100 metres in the west.Ikkari makes up part of the junior explorer's flagship Pahtavaara project in Finland's Central Lapland Gree...Read More

Adriatic Metals receives exploitation permit for Veovaca

January 28, 2021 / www.northernminer.com

Adriatic Metals (LSE: ADT1; ASX: ADT) has received an exploitation permit for its Veovaca project near Vares in Bosnia-Herzegovina, 50 km north of the capital, Sarajevo. The permit, issued by the Federal Ministry for Energy, Mining and Industry, initiates the project's formal exploitation period, valid for 30 years. "This is a major permitting achievement that has been realised through close co...Read More

RANKED: World's top 10 gold projects

January 28, 2021 / www.northernminer.com

With gold prices hitting record highs over the past year, the question becomes whether the world can produce enough of the precious metal to keep pace with its rising demand.To give a better picture of the size and potential of the world's gold supply, MINING.com and sister company MiningIntelligence collaborated to provide a ranking of the largest undeveloped gold deposits around the globe that...Read More

Aggreko helps miners meet emissions targets

January 28, 2021 / www.northernminer.com

Aggreko, the world's leader in mobile, modular power, has committed to net zero emissions by 2050 and is partnering with the world's biggest miners to use greener energy like solar, wind and natural gas.The company has vowed to invest A$450 million to A$600 million (US$346 million to US$500 million) each year to support its energy transition, including big spends in what it sees as a major growth...Read More

Turquoise Hill seeks interim order against Rio Tinto over Mongolia mine funding

January 28, 2021 / www.northernminer.com

Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) is seeking an interim order in its arbitration against Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) in response to some of the top miner's actions that would limit Turquoise's funding options for the vast Oyu Tolgoi copper-gold-silver mine in Mongolia.Tensions between Rio Tinto and Turquoise Hill's management and minority shareholders have grabbed headli...Read More

US copper scrap exports to China rebound despite 2018 punitive tariffs

January 29, 2021 / www.metalbulletin.com

The United States sold more copper scrap to China for the first 11 months of 2020, compared with the year before, despite a punitive tariff imposed from Beijing drastically disrupting the scrap trade flow since 2018.US copper scrap exports to China amounted to 102,145 tonnes from January-November 2020, up 20% year on year, the Institute of Scrap Recycling Industries (ISRI) said on January 26. This...Read More

The silver short squeeze is on!!

January 28, 2021 / youtu.be

The #silvershortsqueeze is on!We woke up this morning to see that #FirstMajestic #Silver was getting short squeezed.Now there's a spike in the #silverprice t...Read full newsRead More

RT @mining: Silver is the latest market hit by Reddit day-trader frenzy

January 28, 2021 / bit.ly

Spot silver soared as much as 6.8%, the biggest jump since August.Read full newsRead More

Gold ETF selling slows

January 28, 2021 / dlvr.it

That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More

Gold ETF selling slows

January 28, 2021 / dlvr.it

That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More

Will Weakening Dollar Fuel Further Rise in Gold Prices This Year

January 29, 2021

The inauguration of President Biden did not put an end to the trend of the U.S. Dollar weakening, as many analysts predicted it would. His proposed billion-dollar stimulus package to combat the effect of the pandemic is expected to plunge the U.S. further into debt. The result would be an even weaker American currency. What does that mean for commodities and world markets? Wall Street analysts a...Read More

Buy Canadian: Snap Up This 1 TSX Stock for a Safer 2021

January 29, 2021 / www.fool.ca

It’s not often a good idea for investors to base their purchases (or sales) on headline blur. The last four years have shown that the media is apt to both over- and understate events, often with a strongly partisan bias. Even the concept of “truth” has been up for grabs. But at least one piece of North American news over the last few days should be of note to Canadian investors....Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok