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

The residue and waste disposal project is necessary to allow for the operational continuity of existing infrastructure for the processing and leaching of copper oxides and seeks to extend the gravelRead More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagold"I think we will still move forward with that, while we figure out how to and then actually start exploring for more of this high-grade material...Read More

Stainless steel prices continue to register new highs around the end of the first half of 2021 and steelmakers continue to enjoy outsized margins.They have responded in recent months by increasing their output, which has now pushed above pre-pandemic levels and will eventually restore balance to the market.For now, though, supply gaps are still being filled and buyers find themselves competing aga...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Recent weeks have brought two key developments with regard to trade policy on stainless steel products that will be to the detriment of consumers.In China, the country's stainless steelmakers no longer enjoy a 13% export rebate as of May 1, reducing greatly their incentive to export and instead leading them to focus on supply...Read More

Look beyond market approach to project valuations: van ZylLeadershipNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsNomad will make up-front cash payments of $95 million for 5.938% of gold production attributed to Orion's 40% interest i...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Stainless steel prices and margins for stainless steel producers have risen notably over the past few months in both Europe and the United States, but there are now signs that the rally is petering out.A clear reason for the halt to rising prices comes from the near 20% drop in nickel prices seen in late February/early March,...Read More

The company produced 1.45 million ounces of gold and 315,000oz of gold equivalent ounces from coproducts during the quarter at an all-in sustaining cost of $1,120 per ounce, a 9.Read More

New life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningNet income in Q3 amounted to US$3.9 billion, down $3.7 billion versus Q2, while adjusted EBITDA came in 20% belo...Read More

Q3 production was 256,464 gold equivalent ounces, up by 6.7% year-on-year and 2-3% above forecasts by analysts at Peel Hunt.Read More

Indian domestic secondary billet prices increased slightly by end of the week to Friday October 29 on renewed buying interest and rising raw material prices.Fastmarkets' price assessment for steel billet domestic, ex-works India was at 46,500-46,700 rupees ($620.03-622.70) per tonne on Friday, up by 200 rupees compared with the previous week's assessment of 46,300-46,500 rupees per tonne ex-works....Read More

Copper smelters returned to the spot market this week with treatment and refining charges (TC/RC) relatively stable.For smelter purchases, clean tonnages for shipment in the fourth quarter and in January were seen with TCs in the low $60s. One extra clean cargo sold in the high $50s, while a lower-grade cargo of...Read More

Secondary alloy prices in the United States climbed again sharply on Thursday October 28, with strong demand, low supply and soaring raw material prices, especially for silicon, combining to drive transactions higher."Silicon is expensive and supply is tight," one producer said simply. "Alloy is very firm due to [the] spike in silicon prices and increasing manufacturing cost," a second...Read More

Q3 production from Chaarat's Kapan mine in Armenia amounted to 13,224 ounces of gold equivalent, with average grades up 2% yoy at 2.Read More

Mill-grade aluminium scrap prices declined week on week following decreases in primary aluminium prices on the London Metal Exchange, while the non-ferrous auto shred (twitch) price remained supported by solid export demand.Fastmarkets' assessment of the segregated low copper alloy clips 5052, mills specialty consumers' buying price, fob shipping point US decreased by 9 cents to $1.33-1.37 pe...Read More

A summary of production figures and financial results for Chilean state-owned copper producer Codelco in the first nine months of 2021, as stated in its earnings report released on Friday October 29.In brief Higher copper content in mined ore in the year to date offset a strike at the Andina division from August through September, boosting overall copper production in the first nine months of 2021...Read More

Base metals prices on the London Metal Exchange closed lower on a week-on-week basis on Friday October 29, after Chinese state planners intervened to cool surging thermal coal prices this week.The LME three-month aluminium price closed at $2,716 per tonne on October 29, down from $2,746 per tonne at Thursday's close and was down by nearly 5.3% from last Friday's $2,868 per tonne. The price is also...Read More

The recent decline in aluminium prices stoked bearish sentiment in the alumina market, pushing prices down 5% on Friday October 29.Fastmarkets calculated its daily alumina index, fob Australia at $452.16 per tonne on Friday, down from $476.73 per tonne on Thursday.A deal was reported on Friday for 30,000 tonnes at $450 per tonne fob Western Australia, for loading in the second half of November loa...Read More

Changes to deliverable stocks of base metals in Shanghai Futures Exchange warehouses were mixed during the week to Friday October 29, with copper registering the most gain in percentage terms and tin leading the declines.Copper inventories grew by 9,488 tonnes (23.8%) to 49,327 tonnes, from 39,839 tonnes on a weekly basis. The largest inflow was from SIPG Logistics' warehouse in Shanghai, where vo...Read More

Carbon steel plate prices in the United States were stable on Friday October 29 but are expected to rise soon, with market participants saying recent mill price hikes will likely be accepted but have not quite hit spot prices.Fastmarkets' cut-to-length plate, fob mill US price was assessed at $89 per cwt ($1780 per short ton) on Friday October 29, flat since October 1 and at an all-time...Read More

Prices for domestic and imported merchant bar quality (MBQ) steel in the United States were flat in October for the second consecutive month following two rounds of mill base price increases in July and August.Fastmarkets' monthly assessment for steel bar 2 x 2 x 1/4 -inch angle merchant products, fob mill US was $58.30 per hundredweight ($1,116 per short ton) on Friday October 29, unchanged fro...Read More