Omineca Mining & Metals concluded five drill holes over 2,000 meters at CanAlaska Uranium's Mouse Mountain project. Stock photoOmineca Mining and Metals Ltd. (OMM:TSX.V; OMMSF:OTCMKTS) announced in a news release it completed the required drilling to earn a 50% interest in CanAlaska Uranium's Mouse Mountain copper-gold project in British Columbia.The option agreement calls for Omineca to conduct...Read More
Group Ten Metals expands drill-defined polymetallic mineralization in the Chrome Mountain target area of Stillwater West. Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that 2020 drill results for the Chrome Mountain target at Stillwater West show "the potential for multiple, large-scale, bulk-tonnage 'Platreef-style' horizons of battery metals and platinum g...Read More
The report shows that Generation Mining's Marathon is a "substantial mining project." In a news release, Generation Mining Ltd. (GENM:TSX; GENMF:OTCQB; 9GN:FSE) announced the results of a feasibility study on its Marathon asset in Ontario, Canada. "This study confirms that the Marathon palladium and copper project is a substantial mining project that is expected to provide a very robust return on...Read More
Maurice Jackson of Proven and Probable speaks with Huntsman Exploration CEO Peter Dickie about his company's nickel and gold divisions and the active exploration program it is carrying out in Australia. Maurice Jackson: Joining us for a conversation is Peter Dickie, the CEO of Huntsman Exploration Inc. (HMAN:TSX.V). Pleasure to speak with you today and have you share the opportunity before us in...Read More
Iron ore prices were largely rangebound on Monday March 8 after fresh restrictions were announced for the steelmaking hub of Tangshan on Sunday evening, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $174.34 per tonne, up $0.23 per tonne62% Fe low-alumina fines, cfr Qingdao: $174.63 per tonne, down $0.03 per tonne58% Fe fines high-grade premium, cfr Qingdao: $162....Read More
China's iron ore imports in January and February 2021 increased by 2.8% from 2020, data released on Monday March 8 from the General Administration of Customs of China shows.In the first two months of 2021, China's imports of iron ore totalled 181.51 million tonnes, up by 2.8% year on year from 176.6 million tonnes in 2020, customs data showed.The increase in iron ore imports...Read More
China's billet imports increased by 541% in 2020 from a year earlier while those for slab rose at a higher rate of 668% last year, according to the country's customs data. The big increases for these semi-finished steel products - which are rerolled into finished steel products - came amid year-long steelmaking restrictions to improve air quality in the country's production hub of Tangshan.Last ye...Read More
The Indian silico-manganese export market should cement recent price gains that have pushed up the high end of the range to a level last seen in April 2018 on firm domestic fundamentals that are influencing exporter offer prices, industry sources told Fastmarkets. Indian trade sources said firm domestic demand has encouraged higher export offer prices to customers in Southeast Asia, the Middle Eas...Read More
One of our readers’ favorite tools is the Adaptive Dynamic Learning (ADL) predictive modeling system. This tool maps out technical and price patterns into an array of similar setups using historical data, then applies that data to current and future price bars. Using the ADL predictive Modeling tool, we can see into the future based on historical technical analysis that maps stat...Read More
Peter Krauth, editor of Gold Resource Investor, delves into gold's recent price movements and discusses whether now is a good time to buy gold and gold stocks. People…relax. It's a correction. If you're a serious gold investor, then I sympathize. If you're freaking out, then this is not for you. If you're anxious, then you need to check your premises. After all, what's changed since gold re...Read More
Here are five Fastmarkets stories you might have missed on Monday March 8 that are worth another look.The supply shortage in the European steel market, which has been driving up domestic prices since late 2020, will persist until the end of this year at the very least, market sources told Fastmarkets.With...Read More
The supply shortage in the European steel market, which has been driving up domestic prices since late 2020, will persist until the end of this year at the very least, market sources told Fastmarkets.Finished steel distributors have said they have been struggling to get the necessary volumes of finished steel from either domestic or overseas suppliers, adding that they do not expect the situation...Read More
The Indian silico-manganese export market should cement recent price gains that have pushed up the high end of the range to a level last seen in April 2018 on firm domestic fundamentals that are influencing exporter offer prices, industry sources told Fastmarkets. Indian trade sources said firm domestic demand has encouraged higher export offer prices to customers in Southeast Asia, the Middle Eas...Read More
Here are five Fastmarkets stories you might have missed on Monday March 8 that are worth another look.The supply shortage in the European steel market, which has been driving up domestic prices since late 2020, will persist until the end of this year at the very least, market sources told Fastmarkets.With...Read More
The supply shortage in the European steel market, which has been driving up domestic prices since late 2020, will persist until the end of this year at the very least, market sources told Fastmarkets.Finished steel distributors have said they have been struggling to get the necessary volumes of finished steel from either domestic or overseas suppliers, adding that they do not expect the situation...Read More
China's iron ore imports in January and February 2021 increased by 2.8% from 2020, data released on Monday March 8 from the General Administration of Customs of China shows.In the first two months of 2021, China's imports of iron ore totalled 181.51 million tonnes, up by 2.8% year on year from 176.6 million tonnes in 2020, customs data showed.The increase in iron ore imports...Read More
Here are five Fastmarkets stories you might have missed on Monday March 8 that are worth another look.The supply shortage in the European steel market, which has been driving up domestic prices since late 2020, will persist until the end of this year at the very least, market sources told Fastmarkets.With...Read More
Domestic prices for steel hot-rolled coil increased across Europe over the week to Friday March 5, supported by long lead times from domestic mills and good demand.The steelmakers pushed offers upward again to achieve further rises in transaction prices.ArcelorMittal raised its official offer for HRC to ?,?800 ($953) per tonne ex-works on Friday, up by ?,?50 per tonne, following the recovery in do...Read More
A high dollar index caused lead's three-month price to drop by 1% to its lowest since January at the close on Monday March 8, while copper's futures price inched close to the $9,000 per tonne mark with a 1% rise. Buying interest in lead has been affected by the dollar index moving up to 92.39 on Monday at 5pm, the highest levels since November 2020, "driven by President Biden's mammoth $1.9 trilli...Read More
Limited raw materials availability has continued to support the ammonium paratungstate (APT) price at two-year highs amid a pick-up in spot demand, with alloy prices following slightly higher. Fastmarkets assessed the tungsten APT, 88.5% WO3 min, cif Rotterdam and Baltimore price at $263-268 per metric tonne unit (mtu) on Friday March 5, up from $260-265 per mtu in the previous week. The mark...Read More