An overview of the battery raw materials markets and their price moves from the past week.Read More

The London Metal Exchange has received an application to list grade-I cobalt cut cathodes produced by Norilsk, it specified in a note to members on Friday April 5.The application marks the first time a new brand has been listed since the LME opted to suspend brand listing fees for new cobalt brands on March 26, 2019. Produced in the Murmansk region in Siberia, Norilsk produces cobalt cathodes...Read More

Diamond drilling on GGX Gold's Gold Drop property near Greenwood, southern British Columbia. Source: GGX Gold Corp.Ximen Mining Corp. [XIM-TSXV; XXMMF-OTCQB; 1XM-FSE] said Friday April 5 that it has picked up additional mineral claims near Greenwood, southeast British Columbia.The company said it has acquired over 12,900 hectares of land that surrounds the Gold Drop property which Ximen has option...Read More

Gold futures finished Thursday trade slightly lower as financial markets awaited an update on reported progress in trade negotiations between the U.S. and China and as an upbeat reading on jobless benefits claims fueled expectations for a recovery in monthly hiring in a report due Friday morning. Gold for June delivery GCM9, +0.12% on Comex fell $1, or about 0.1%, to $1,294.30 an ounce, but had t...Read More

The Brucejack Project is northwest British Columbia. Source: Pretium Resources Inc.Pretium Resources Inc. [PVG-TSX, NYSE] has released an updated reserves and mine plan for its Brucejack gold mine in the Golden Triangle region of northwestern British Columbia.It outlines an expansion to higher throughput of 2,800 tonnes per day from 2,700 tonnes, in a move that will reduce the projected mine life...Read More

Austenitic steel scrap prices in the UK and Europe increased in the week ended Friday April 5, with mills agreeing to increase what they will pay for the nickel component in the material, traders have told Fastmarkets.When mills purchase austenitic steel scrap, the nickel component of that scrap is priced as a percentage of the London Metal Exchange nickel price. While sources routinely decline to...Read More

First Vanadium president and CEO Paul Cowley at the Carlin vanadium project in Nevada. Credit: First Vanadium.First Vanadium Corp. [FVAN-TSXV; FVANF-OTCQX; 1PY-FSE] has released impressive metallurgical test results for nine variability composite samples from its high-grade Carlin Vanadium deposit near Elko, Nevada.The company said preliminary test results are consistently showing high vanadium ex...Read More

Global steel scrap prices continued to move downward in the week ending Friday April 5, with the exception that prices in the US market remained unchanged on a lack of trading, and with prices in India bucking the downtrend by $0.07 per tonne. Turkish import prices drop by more than $10 per tonne week on week on political uncertainty Lack of fresh trading keeps US exports flat Good availability of...Read More

The price of shredded ferrous scrap imported into India was stable this week, with deals done at similar levels to the previous week, sources said on Friday April 5.Fastmarkets' weekly index for containerized imports of shredded scrap into India was $334.45 per tonne cfr on April 5, little changed from $334.38 per tonne cfr on March 29.This week deals were heard for shredded done at $333 and $335...Read More

Three-month base metals prices on the London Metal Exchange were mixed during morning trading on Friday April 5, while trading has been quiet due to a public holiday in China. Nickel and tin were both up by 0.2%, aluminium was down by 0.3% and the rest were either unchanged or either side of unchanged - with copper flat at $6,450 per tonne. Prices for the red metal are holding up relatively well i...Read More

Edwin Drake and George Bissell are well known to be the first men in history to successfully use a drilling rig to produce crude oil near Titusville, Pennsylvania, in 1859.And this is often portrayed as the beginning of the modern oil era.But the fact is, fossil oil was well known and used by humans dating back thousands of years.Ancient manuscripts written well before the time of Christ refer to...Read More

Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project, located in Lemhi County, Idaho. Revival also owns the rights to a 100% interest in the neighboring Arnett Gold Project. At the 2019 Vancouver Resource Investmen...Read More

Fission Uranium Corp. (TSX: FCU, OTCQX: FCUUF?,, FRANKFURT: 2FU) is focused on exploration and development of the Patterson Lake South (PLS) uranium property, located in Canada's Athabasca Basin, home to the world's richest uranium mines. The project is host to the Triple R deposit - the most significant high-grade shallow depth deposit in the region. At PDAC2019, we learned from Ross McElroy, who...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

The London Metal Exchange has received an application to list grade-I cobalt cut cathodes produced by Norilsk, it specified in a note to members on Friday April 5.The application marks the first time a new brand has been listed since the LME opted to suspend brand listing fees for new cobalt brands on March 26, 2019. Produced in the Murmansk region in Siberia, Norilsk produces cobalt cathodes...Read More

Domestic prices of flat steel products in Brazil increased in April as producers have been pushing for a readjustment after prices of imported material soared in the first quarter of the year.Fastmarkets' monthly price assessment of Brazilian domestic hot-rolled coil was 2,560-2,610 Reais ($662-675) per tonne ex-works on Friday April 5, up from 2,425-2,470 Reais per tonne on March 1.The assessment...Read More

Indian mills have kept their domestic hot-rolled coil (HRC) prices stable for April sales while cheaper imported material continued to put pressure on domestic product, Fastmarkets heard on Friday April 5.Fastmarkets' assessment of the Indian domestic HRC price was 40,500-41,000 rupees ($586-594) per tonne ex-mill on Friday, the same as last week's assessment."We have tried to keep domestic HRC pr...Read More

Prices for coated-steel products in Turkey decreased in the seven days to Friday April 5, with demand weak in both the domestic and export markets.Demand was weak in March because of market uncertainty ahead of the mayoral elections held across the country on March 31, sources told Fastmarkets.Unofficially, the Justice & Development Party (AKP) - the party of national government - won the majority...Read More

Polish steelmakers were expected to increase their domestic offer prices for rebar, supported by strong demand in the construction industry, sources told Fastmarkets on Friday April 5.In the meantime, Fastmarkets' price assessment for domestic 12mm B500B-grade rebar in Poland was 2,220-2,290 zloty ($581-599) per tonne ex-works on April 5, compared with 2,220-2,320 zloty per tonne ex-works last wee...Read More

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 193,78499,22856,826139,514257,744390,124413,798 Change from Prior Reporting Period -21,1134,269-12,381-21,687-54,891-55,181-63,003 Traders 18869775452274169 Small Speculators LongShortOpen Interest 50,04626,372440,170 -14,224-6,402-69,405 non reportable p...Read More