Senior traders Mart?-n N????ez and Candida Owens have joined UK-based commodity trading house MtalX.They will expand MtalX's minor metals and ferro-alloys footprint, the company told Fastmarkets. The London-based traders will focus on magnesium, silicon, antimony, cobalt, noble alloys and bulk alloys as...Read More

The antimony metal and trioxide markets remained tight, with China's environmental checks the main factor pushing the prices up; some market players hope that smelters in Hunan, China, could reopen at the end of October, easing supply.Price movesThe Chinese antimony price steadily moved up in September due to tight domestic supply. Most producers suspended operations due to a shortage of raw mater...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 26.45-27.15...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,...Read More

Vale reported today that it has once again halted operations at its On??a Puma nickel mine after Brazil's state of Par?? obtained a court order to reinstate the suspension of the venture's operating license.Operations at On??a Puma were first halted in early October, but a judge granted Vale an injunction on October 7 allowing it to resume activities.The suspension comes after a new decision by a...Read More

The Pallinghurst Group is raising its stake in Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) and taking an initial stake in Talon Metals (TSX: TLO).Pallinghurst's graphite subsidiary is increasing its interest in Nouveau Monde Graphite to 21% from 15.2% with the conversion of the outstanding $15 million principal amount of Nouveau's convertible bond to common shares.Pallinghurst, a global investor...Read More

A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest's Wyloo Metals, over the latest offer from BHP (NYSE: BHP; LSE: BHP; ASX: BHP). Wyloo's 70 ? per share proposal represents a superior value for shareholders, Noront said,...Read More

ING Economics has published a new report in which its experts predict what the energy transition might bring for five key metals: copper, aluminum, nickel, cobalt, and lithium. Taking into consideration where different regions of the world stand when it comes to moving towards a low-carbon future where global warming is limited to 2 degrees Celsius, ING's analysts developed three scenarios that t...Read More

Manganese ore prices at Chinese ports rose markedly in the week to Friday October 15 amid an improved demand outlook and easing production headwinds in some major alloy-producing regions.The price differential between low-grade and high-grade manganese ore grew to 8.50 yuan ($1.32) per dry metric tonne unit (dmtu) on Friday, the widest since Fastmarkets started assessing the markets in January 201...Read More

Investment to bring new American plant, production, jobs with focus on carbon neutralityRead full newsRead More

Electric Royalties Ltd. (TSXV: ELEC) ("Electric Royalties" or the "Company") is pleased to announce the closing of two previously announced (see Electric Royalties September 8, 2021 release) royalty purchase and sale agreements to acquire, in the aggregate, a 1% Net Smelter Royalty (the "1% NSR") on licenses comprising core strategic tenure at the Cancet Lithium Project situated in Quebec, Canada...Read More

This Special Report was prepared by John Ing, President and CEO, Maison Placements Canada Inc., one of Bay Street's oldest financial firms.President Biden's messy departure from Afghanistan has long reaching consequences casting a long shadow over his domestic plans into the upcoming midterms. For one thing, he dug himself a deeper hole when he vowed to conduct operations against ISIS-K. After the...Read More

Argus Research, an independent investment research firm, has initiated Sponsored Research Coverage on Cerrado Gold (TSX.V: CERT). Excerpts and Highlights from the Report by Argus Analysts Steve Silver follow: Cerrado Gold is a Toronto-based mining and exploration company with an expanding portfolio of precious metal assets in South America. The company owns and operates Minera Don Nicolas (MDN), a...Read More

(Reuters) - Investors looking for exposure to early stage gold mines can buy millions of dollars of the precious metal at a discount on a digital exchange in a new development which will also provide funding for miners to develop their assets. Physically-backed products such as exchange traded funds (ETFs) are one way for investors to access gold investments, but they don't offer discounts or the...Read More

Some analysis of trends in the gold price implies that these are only ever determined by macroeconomic factors and how investors, particularly those we would classify as institutional, react to those factors. There can be no doubt that these are the overwhelming drivers of price moves in the short-term, but Metals Focus, one of the world's leading precious metals consultancies, believe there are...Read More

On 28th September, Agnico Eagle (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL) announced that they had entered into an agreement to merge the two companies. The proposed transaction will see Kirkland Lake Gold shareholders receive 0.7935 Agnico Eagle shares for each share held, with the total value of the deal estimated at $11Bn. Should the merger be successfully completed, which...Read More

Torex Gold Resources Inc. (TSX: TXG) announces a multi-year production outlook for the Company's El Lim??n Guajes mining complex ("ELG"), which includes the previously announced expansion of the El Lim??n open pit.Jody Kuzenko, President & CEO of Torex Gold, stated:"A key strategic priority for Torex over the last 12 months has been to optimize and extend mining operations at ELG. With the recent...Read More

Pan American Silver (Nasdaq: PAAS) (TSX: PAAS) produced 4.5 million ounces of silver and 142,300 ounces of gold in Q2 2021.The company's net income was $71.2 million ($0.34 basic income per share), driven largely by strong mine operating earnings of $103.0 million. Pan American Silver's revenues improved 53.2% year-over-year to $382.1 million in Q2."Based on the strong operating cash flow in Q2, o...Read More

Some primary silver producers are no doubt feeling pain these days after the sell-off in silver prices so far this year, but don't look for major supply cutbacks any time soon, analysts said. That's because it costs so much to shut down and restart mines that companies will put up with a loss on operations for an extended time before doing anything as drastic as mine closures, they explained. Furt...Read More

Oil could hit $90 a barrel and copper could see between $11,000 to $12,000 a tonne, said Goldman Sachs' Global Head of Commodities Research Jeff Currie on Bloomberg. Currie's interview was released early this week.Copper prices rose today on decades-low supplies and an extreme shortages, according to a report from Reuters. Three-month copper on the London Metal Exchange rose 1.5% to $10,351 a tonn...Read More