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 hot-rolled coil prices rose further to their highest in nearly 13 years on Wednesday April 7, though trading activity weakened amid rising inventory levels, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,550-5,570 yuan ($848-851) per tonne, up 10 yuan per tonneSeveral traders in Shanghai said sellers in the spot market issued high offers in the morning but had to make reducti...Read More
London Metal Exchange three-month lead and zinc prices were on the rise on Wednesday April 7 while copper and nickel prices fell from their closing prices on Tuesday following a spate of buying that pushed most metals' prices up by between 1.5-3%. The LME lead futures price was at $1,980.50 per tonne on Wednesday - its highest in just over a month when the metal closed at $2,051 per tonne on March...Read More
Key data from pricing session in London on Wednesday April 7. Key drivers: Profit-takers continue to offer below $22 per lb, although deals at higher levels are still achievable. An absence of Chinese buyers inquiring...Read More
An overview of the consumer electronics markets and their latest price moves.Ewa Manthey and Dalila...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...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...Read More
The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 hydroxide p...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 22.50-23.00 on Wednesday April...Read More
A snap election on April 6 focused on mining, fishing and the environment, saw Greenland's Inuit Ataqatigiit (Community of the People party) secure 37% of the votes, giving it 12 seats in the 31-seat national assembly (Inatsisartut).Inuit Ataqatigiit opposes the development of Greenland Minerals' (US-OTC: GDLNF; ASX: GGG) Kvanefjeld rare earths project, which would produce uranium oxide as a by-pr...Read More
A preliminary economic assessment on Osisko Mining's (TSX: OSK) Windfall project in Quebec's James Bay region outlines a 3,100 tonne-per-day two-ramp underground mine with a process facility that would produce an average of 238,000 gold oz. a year over an 18-year life. The gold development company is targeting first production from the gold deposit by 2024.In its first seven years, Windfall would...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday April 7.Key drivers The titanium markets in Europe were steady over the week, with the Easter holiday quietening trading activity while some market participants, particularly steelmakers, are still absent, trade sources said.More trading activity is due next week after market participants return in full following the holiday break....Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has kicked off lithium production from waste rock at a plant located at a borates mine it controls in the state of California.The demonstration facility is the next step in scaling up a breakthrough lithium production process developed at the Boron mine. The method allows Rio Tinto to recover the critical mineral and extract additional value out of waste p...Read More
First Mining Gold (TSXV: FF; US-OTC: FFMGF) has entered into a definitive agreement with Big Ridge Gold (TSXV: BRAU), allowing the explorer to earn up to an 80% stake in the past-producing Hope Brook gold project in southwestern Newfoundland.Big Ridge may earn up to 80% in Hope Brook through a two-stage, five-year earn in that calls for a total of $20 million in spending on the project, the issu...Read More
Rupert Resources (TSXV: RUP) has reported new drill results from the Ikkari prospect at its 100%-owned Pahtavaara project, about 1,200 km north of Helsinki in Finland's Central Lapland greenstone belt.Highlights include drillhole 121019, which intersected 110.4 metres grading 6.1 grams gold per tonne starting from 183.6 metres, including 3 metres of 28.7 grams gold; and drillhole 121016, which re...Read More
Aurelius Minerals (TSXV: AUL) has reported its highest-grade interval ever from underground drilling at its Aureus East gold project in Nova Scotia, about 140 km northeast of Halifax.Drillhole AE-20-007 intersected two metres grading 132.4 grams gold per tonne starting from 335 metres downhole, including 1 metre of 264 grams gold. That hole also hit multiple high-grade zones to a depth of 472 met...Read More
While nickel is mostly used for stainless steel, the base metal has begun to take centre stage in the production of batteries in electric vehicles, as it is expected that original equipment manufacturers will increasingly use high-nickel cathode battery chemistries.The global nickel market is currently running at a surplus, but a supply deficit is expected to form in 2027 - and remain as demand ac...Read More
Premiums for EQ grade material in China and Europe declined in the week to Tuesday April 6, while premiums for standard cathodes globally remained largely stable from their levels one fortnight ago. China's copper import premiums drift lower; EQ market accelerates decline The non-exchange-deliverable equivalent-grade (EQ) copper cathodes market in China declined this week due to absence of buying...Read More
Canada's Attawapiskat First Nation it's challenging the construction of a new mine landfill near the community in the province of Ontario, which is being proposed by diamond miner giant DeBeers.The Anglo American unit has been seeking provincial approval for a place to dispose mine demolition waste from the Victor diamond mine, which is being decommissioned.The planned location, the Attawapiskat F...Read More
Future mobility vehicles such as flying cars and air taxis may use radically different battery chemistries and production methods to cater to their unique form factor and designs, industry pioneers Volocopter and Wright Electric told Fastmarkets. Touted as the transport of the future, these vehicles are meant to break the monotony and time wasted in rush-hour jams by providing an alternative to la...Read More
Country now the worst affected by COVID-19 worldwideRead full newsRead More