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
An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in...Read More
Key data from pricing session in London on Friday March 26.Key drivers: Parcels of metal continue to be available below the previous range from those looking to take profit, with some traders now reporting being interested in buying now that the low end of...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 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.....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...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....Read More
The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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....Read More
Australia's Vital Metals (ASX: VML) is getting ready to kick off mining operations at its Nechalacho rare earths project in Canada's Northwest Territories, which will make it the country's first producer of the elements used in magnets for electric vehicles, aerospace, defence and electronics.The Sydney-based company, which will also be the second rare earths miner in North America, said that the...Read More
Barrick (TSX:ABX; NYSE:GOLD) has released results from the remaining 30% of the 2020 drilling program at the Donlin gold project in Alaska. Both the grade and thickness of the intercepts were higher than predicted.The data collected also resulted in an better understanding of the controls on mineralization.Drill collar locations of the five best recent holes at Donlin. Credit: Barrick Gold.The fiv...Read More
Cantex Mine Development (TSXV:CD) says drilling continues to define a high grade lead-zinc-silver system at the North Rackla project in Yukon. The system is said to have similarities to Broken Hill Type (BHT).In the GZ zone 550 metres southeast of the high grade Extension sector, hole YKDD20-177 intersected 7.3 metres of 24. 5% zinc, 5.4% lead and 104 grams silver per tonne beginning at 46.1 metre...Read More
Eloro Resources (TSX-V:ELO; OTCQX:ELRRF; FSE:P2QM) has raised $25 million for mineral exploration in Bolivia by issuing 6.67 million units priced at $3.75 each. Each unit consists of one common share and one-half of one common share purchase warrant. The warrants are exercisable to acquire shares at a price of $5.25 for a period of 24 months.The offering was underwritten on a bought deal basis by...Read More
With potential to further advance the Fenelon gold project in Quebec, Wallbridge Mining Company (TSX:WM) has announced a bought deal financing worth $17.4 million. Proceeds are to be used exploration at the property this year.Core from the Tabasco zone of the Fenelon project grading 22.73 grams gold per tonne uncut from hole FA-19-086. Credit: Wallbridge Mining Company.The company is issuing 18.3...Read More
Nova Resources, the consortium bidding to take copper miner KAZ Minerals (LON: KAZ) private has increased its offer by 9% to ?4.02B ($5.5 billion), after minority shareholders said they would reject earlier proposals for being too low.Nova, which is controlled by KAZ chair Oleg Novachuk and billionaire Vladimir Kim, said it would pay 850 pence per share plus a special dividend, which lifts the to...Read More
Piedmont Lithium (ASX: PLL) has closed a public offering worth US$122.5 million. The deal consists of 1.75 million American Depositary Shares (ADS), with each ADS representing 100 of the company's ordinary shares.The proceeds will be used to continue the development of Piedmont's fully-integrated spodumene-to-hydroxide project in North Carolina, about 45 km west of Charlotte, including a definiti...Read More
Within the next few years, Talon Metals'(TSX: TLO) Tamarack nickel-copper-cobalt project in Minnesota, 210 km north of Minneapolis and 89 km west of Duluth, could be the only source of high-grade nickel in the U.S., says the company's president, Sean Werger.The only operating nickel mine in the U.S. is Lundin Mining's (TSX: LUN) Eagle mine in Michigan, which is forecast to be mined out by 2025/2...Read More
China's steel scrap import market has remained quiet over the past few days amid dropping domestic prices, sources told Fastmarkets on Friday March 26.Fastmarkets' price assessment for steel scrap, heavy recycled steel materials, cfr China was $455-460 per tonne on March 26, down by $5 per tonne from Thursday's price.Offers were heard at $480-490 per tonne cfr China for Japan origin heavy scrap (H...Read More
Vietnamese buyers have been seeking bulk deep-sea ferrous scrap to make up for a lack of supply from Japan, market sources told Fastmarkets.There was a confirmed transaction at $442 per tonne cfr Vietnam on a shredded basis for 32,000 tonnes of United States-origin scrap, mostly made up of shredded scrap. This is equivalent to a price of $437 per tonne cfr Vietnam for heavy melting scrap (HMS) 1&2...Read More
A price rebound for imported containerized ferrous scrap into Taiwan started during the week to Friday March 26 amid a lack of offers for both United States- and Japan-origin cargoes, sources told Fastmarkets.Fastmarkets' daily price assessment for containerized steel scrap, HMS 1&2 (80:20), United States material import, cfr main port Taiwan was $395-400 per tonne on Friday, up by $8-10 from $387...Read More
Alrosa (MCX: ALRS) announced that it made $23.9 million in three auctions dedicated to celebrating its Jubilee Auction #100.In the three events, special-size diamonds, which are gems over 10.8 carats, were auctioned. As per Russian legislation, this type of diamond must be sold at international auctions. Jubilee Auction #100 was digital with an additional option of on-site viewings in Dubai, wher...Read More
Ferro-vanadium prices remained under pressure during the week to Friday March 26, with traders taking profit ahead of the end of the quarter amid a slowdown in end-user inquiries, market sources said.The market had been supported since the start of the year by tight prompt inventories and better-than-expected end-user demand, but prices have eased over the past two weeks amid a slowdown in spot ma...Read More