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.Read More
The market for higher grades of high-carbon ferro-chrome in Europe rose strongly in the week ended Tuesday February 9 due to a shortage of available material while suppliers focused their attention on Asia.Fastmarkets' price assessment for ferro-chrome, high carbon, 6-8.5% C, basis 65-70% Cr, max 1.5% Si, delivered Europe, rose by $0.03-0.07 per lb (1.8%) on Tuesday to $1.10-1.22 per lb Cr, from $...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday February 10. Key drivers Limited supplies of titanium scrap pushed the low tin (Sn 0.5%) content grade price to a high last seen in September 2012 while higher tin content grade (Sn 0.5-2%) reached a high last seen in September 2014.The rally has forced buyers to look for alternative feedstock...Read More
The import market for charge chrome in China rose on Tuesday February 9, with tight supply continuing to strengthen sentiment despite the damping effect of the approaching Lunar New Year holiday, February 11-17, on activity in the chrome market.Fastmarkets' price assessment for ferro-chrome, 50% Cr, import, cif main Chinese ports, rose by $0.04 per lb (3.8%) to $1.10 per lb contained Cr on Tuesday...Read More
The People Affected by Dams Association (MAB) and the Popular Sovereignty in Mining (MAM), along with left political parties PT and PSOL are seeking a Supreme Court order against the deal signed by Vale and the government of Minas Gerais, Brazil, for the reparation of the socio-economic and environmental damage caused by the Brumadinho dam collapse in 2019.They say the settlement was signed w...Read More
The following is a release by the Silver Institute, a Washington, D.C.-based non-profit association that draws its international membership from across the breadth of the silver industry, including silver miners, refiners, bullion suppliers, manufacturers of silver products and wholesalers of silver investment products. For more information, visit www.silverinstitute.org.Against an improving macro...Read More
China increased refined and unrefined copper imports by over 31% year on year in 2020, whereas scrap inflow shrank significantly, reflecting the import policy change for waste products that came into force at the end of the year. Copper concentrate imports 21.77 million tonnes, down 1% year on year China's imports of copper concentrate, a major feed for primary smelting, dropped marginally in 2020...Read More
Newmont (TSX: NGT; NYSE: NEM) has reported its 2020 year-end reserve and resource update, and its 94.2 million oz. of attributable gold reserves are the largest in the industry, the gold miner says. In addition, over 90% of the reserve inventory is in 'top-tier' jurisdictions, with an operating reserve life of over 10 years and at an average grade of 1.03 grams gold per tonne. Approximately 35% o...Read More
Nouveau Monde Graphite (TSXV: NOU; US-OTC: NMGRF) plans to begin early construction works at its Matawinie graphite project in Quebec in the second quarter, after receiving a key authorization from the province.With the issue of an environmental decree from the Quebec government, the junior says it now has the operational criteria and final design parameters to launch construction activities. Full...Read More
Exploration and development company Bacanora Lithium (LSE: BCN) has begun initial site activities at its flagship Sonora lithium project in Mexico.The company is developing the mine with strategic partner Ganfeng Lithium, which recently increased its stake in the Mexican project from 22.5% to 50%, injecting US$65 million into Bacanora's coffers.Production of battery grade lithiumis scheduled for...Read More
Bowing to public pressure, Alberta has reversed course on its decision last May to rescind the province's 1976 policy governing coal exploration and development in the Eastern Slopes region of the Rocky Mountains.At the time when it lifted the policy, it framed the action as a modernization of regulations.However the move alarmed multiple groups - including ranchers, environmental and First Nation...Read More
Zinc premiums were flat across Asia, Europe and the United States in the week to Tuesday February 9, while the ongoing supply tightness for lead in the US has allowed those who have material available to "name their price." Widening arbitrage loss and low demand due to Chinese New Year keeps Shanghai, Southeast Asia zinc premiums flat. On-warrant inventory in Singapore and Port Klang, Malaysi...Read More
The coronavirus outbreak triggered a rush among investors to stockpile silver, which like gold is traditionally seen as a safe place to store money.Read full newsRead More
The company has an acquisition option on the former Kenville gold mine, which produced 65,236 ounces of gold, and 27,686 ounces of silver...Read full newsRead More
/PRNewswire/ -- Peru's mining industry has been on the upswing in recent years and is headed higher still as investors continue to pump money into projects....Read full newsRead More
SKRR Exploration Inc. is pleased to announce that it has intersecRead full newsRead More
Scottie Resources Corp. is pleased to report drilling results onRead full newsRead More
IMetal Resources Inc. is pleased to announce the acquisition of aRead full newsRead More
Libero Copper & Gold Corporation is pleased to announce that dueRead full newsRead More
Gold stocks like Barrick Gold (TSX:ABX)(NYSE:GOLD) have fallen from their 2020 highs. This makes sense, as gold prices have also fallen and as the pandemic crisis fears have been replaced with hope — hope for vaccines, for a return to normalcy, and for economic growth in 2021. But is this optimism sustainable? Let’s look at Barrick Gold and Agnico-Eagle Mines (TSX:AEM)(NYSE:AEM) s...Read More