Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
China's stainless steel market maintained its downward trend in the week to Wednesday March 17 amid pressure on sellers to reduce their inventories. Nickel prices failed to recover from the steep plunge at the start of this month, which kept sentiment bearish in the stainless steel market. The three-month nickel contract on the London Metal Exchange ended the official session on Wednesday at $16,0...Read More
Key data from Fastmarkets' pricing session in London on Thursday March 18.Key drivers Cobalt prices continue to move lower. Some sellers were open to lower bids and were happy to take profit on units bought earlier in the year, when prices were significantly lower. The price for cobalt, standard grade, in-whs Rotterdam, began 2021 at $15.30-15.90 per lb, with the alloy-grade price at...Read More
Manganese flake prices in Europe climbed in the first half of the week to Wednesday March 17 after most producers in China said that they would suspend their operations until the end of April, market sources told Fastmarkets.Fastmarkets' price assessment for manganese, 99.7% electrolytic manganese flake, in-whs Rotterdam, rose by 2.8% on March 17 to $2,630-2,800 per tonne from the March 12 assessm...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 grade, in-whs Rotterdam, $/lb at 24.40-25.40...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 Cobalt alloy grade, in-whs Rotterdam, $/lb...Read More
Key data from the pricing session in London on Wednesday March 18.Key drivers Prices in Europe were supported amid prompt material tightness after some delays to deliveries and logistical disruptions. There was an uptick in activity over the last two weeks, with increasing interest from traders in Europe and the United States but also some Chinese traders approaching the European market looking fo...Read More
Battery recycling start-up Li-Cycle sees the commercial production achieved at its Rochester, New York, plant as the start of something big.The plant, which achieved commercial production last December, has dthe capacity to process 5,000 tonnes of end-of-life lithium-ion batteries per year, doubling overall intake for the Canadian company, which is the first of its kind to use hydrometallurgy for...Read More
With a feasibility study underway for its McIlvenna Bay copper-zinc project in eastern Saskatchewan, developer Foran Mining (TSXV: FOM) has released assay results for two infill holes. The holes were drilled as part of a 30,000-metre program and are expected to "positively impact" existing resources by growing the indicated inventory.Drillholes MB-21-231a returned a 16.4-metre mineralized interval...Read More
With an updated resource for its past-producing zinc-silver-gold-copper South Mountain project expected in April, BeMetals (TSXV: BMET) has also started a preliminary economic assessment (PEA), which is scheduled for completion by September."These studies are part of the critical path towards advancing South Mountain to a potential mine construction decision stage given continued positive results,...Read More
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has encountered more high-grade mineralization during a resource expansion drill program at its O'Brien gold project in northwestern Quebec, about halfway between the towns of Rouyn-Noranda and Val d'Or.Highlights included 57.48 grams gold per tonne over 2.80 metres starting from 848.80 metres downhole, including 196 grams gold per tonne over 0....Read More
Manganese flake producers in China will broadly suspend their operations and put their facilities under maintenance from late March till the end of April to upgrade emissions controls in their smelters, market sources told Fastmarkets on Thursday March 18.The decision was made during an industrial gathering last weekend to align with China's ambition to conserve energy and reduce pollution, source...Read More
WPIC tips growing demandRead full newsRead More
Copper, palladium up on Nornickel newsRead full newsRead More
These nickel stocks should provide solid returns as more EVs hit the roads. Their batteries require a lot of the metal to perfom well.Read full newsRead More
Tight copper concentrate supply remains a concern for downstream copper players.Read full newsRead More
Energy producer BP Plc on Thursday announced plans to develop the UK's largest blue hydrogen production facility.Read full newsRead More
February 18, 2021- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) provides its annual operational outlook for the New AftonRead full newsRead More
Since pouring first gold in December 2020, commissioning activities at the PureGold Mine have transitioned to full scale ramp-up of the mining and...Read full newsRead More
The updated resource estimate will form the basis of the upcoming bankable feasibility study due out in Q2 2021.Read full newsRead More
Canada's TSX main stock index fell on Wednesday, driven by a decline in bullion prices and mining stocks offset gains in oil prices amid an economic rebound from vaccination rollouts and a U.S. fiscal package. After hitting an all-time high in August 2020, gold stocks and gold prices are now experiencing a correction as the US, UK and other governments announced massive stimulus packages. The cur...Read More