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...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...Read More

China's cobalt metal price strengthened after China's National Day holiday (October 1-7) amid the rally in international benchmark metal price and a shortage of spot units. While the price gap between China domestic market and the international market narrowed, it is unlikely that the former will match the latter in the near future, sources told Fastmarkets.Fastmarkets' price assessment for cobalt...Read More

Base metals prices continued to soar higher this morning, Tuesday October 19, with cash prices rising at an even faster pace while shorts are squeezed. Cash copper prices on the London Metal Exchange were evaluated on Monday evening at $1,103.50 per tonne.All of the LME base metals' cash/three-month spreads, except that for aluminium, are in backwardation.Risk appetite is fairly upbeat despite gen...Read More

FPX Nickel (TSXV: FPX) says it has made a significant new nickel discovery with the first two holes it drilled at the Van target at its Decar project, 90 km northwest of Fort St. James in British Columbia.Drilling intersected some of the highest grade, near-surface nickel mineralization ever drilled at the Decar project, the company says.The first hole intersected 101 metres grading 0.21% total ni...Read More

This week's episode features NORCAT CEO Don Duval in conversation with Canadian Mining Journal editor-in-chief Alisha Hiyate. Don stressed the importance of mining companies having a strategy to acquire new technology and why it should probably be outsourced. He also discussed workplace trends and how employees are demanding more freedom after the coronavirus pandemic, and why mining companies wil...Read More

Alrosa, the world's top diamond miner by output, says the industry has "fully recovered" from the Covid-19 pandemic as a structural production decline paired with growing end-user demand are pushing prices past levels reached in 2019. In its yearly diamond investment market report, the Russian producer said that jewellery sales have risen sharply in the past few months and are expected to exceed...Read More

The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global Market Intelligence states.The market researcher's prediction is based on its own data that show that in 2021, the aggregate annual global nonferrous exploration budget has increased by 35% year over year to US$11.2 billion from US$8.3 billion in 2020, signa...Read More

The S&P/TSX Composite Index rose 511.8 points or 2.51% to 20,928.10 during the Oct. 11 to Oct. 15 trading week. The S&P/TSX Global Mining Index increased 5.73 points or 6.02% to 100.85, and the S&P/TSX Global Base Metals Index rose 14.82 points or 9.3% to 174.39. The S&P/TSX Global Gold Index advanced 12.9 points or 4.8% to 281.74, and spot gold climbed US$10.30 per oz. to finish the week at US$1,...Read More

The Dow Jones Industrial Average rose 548.51 points or 1.58% to 35,294.76 and the S&P 500 climbed 80.03 points or 1.82% to 4,471.37 in the Oct. 11-15 trading week. Spot gold increased US$10.30 per oz. or 0.59% to US$1,767.40 per ounce.Aluminum giant Alcoa posted the largest gain, rising US$9.97 per share to US$56 per share. High prices for aluminum and alumina drove record results for the third qu...Read More

The S&P/TSX Venture Composite Index rose 60.19 points or 6.86% to 939.67 during the Oct. 11-15 trading week. Spot gold closed the week at US$1,767.40 per oz., up US$10.30 per oz. or 0.59%.Rock Tech Lithium surged $3.85 to $8.65 per share. The company announced it is planning to build Europe's first lithium converter - a production plant for battery -grade lithium hydroxide - in Guben, Brandenburg....Read More

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TRU Precious Metals Corp. reports an approximately 5,000m diamond drill program is underway at its flagship Golden Rose Project, Central Newfoundland Gold Belt.Read full newsRead More

(Kitco News) A monetary system collapse is coming, and the trigger will be raging inflation, said Lawrence Lepard, Equity Management Associates managing partner."We've reached peak debt and peak money printing as a solution to our problems. The growth of the money supply has almost gone vertical," Lepard told Michelle Makori, editor-in-chief of Kitco News. "And this is how inflation, which could b...Read More

In real estate many agents and investors say the three mostimportant things to the value of a property are location, location, location. Asimilar case can be made for gold with one of the keys and most importantelements to price changes being inflationary pressures. Today it was concernsabout inflationary pressures that took gold moderately higher. While a weakerdollar did provide some tailwinds a...Read More

A lot of people snickered when the Space Force was first introduced - both officially and as a concept.Even now, a lot of people still don't understand what it does or is intended to do.They imagine it's something like Star Wars, with spacecraft shooting lasers at each other or conquering distant planets.But that's not it at all.In reality, space isn't the same kind of warfare domain that land, se...Read More

(Kitco News) - Current valuations for the majorcryptos, including Bitcoin, are "miraculous" and prices should bemuch lower, said Clem Chambers of InvestorsHub.com.Chambers told David Lin, anchor forKitco News, that there are several other tokens to look at, and in particular,the DeFi space overall has more long-term potential.For Chambers' suggestions onalternative investments, watch the video ab...Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices aresolidly higher near midday Wednesday. Concerns about rising inflation areprompting buying interest in the hard asset metals. Also, the technicalpostures for both precious me...Read More

BERLIN, Oct 20 (Reuters) - Volkswagen hasproduced just 300,000 cars at its main Wolfsburg plant so farthis year, a company source with knowledge of the matter said,the lowest figure since 1958 and far behind its average outputbefore the pandemic. The plant, which makes cars from the Golf, Tiguan, and Seatbrands among others, produced an average of 780,000 vehicles peryear in the past decade and th...Read More

By David Alire GarciaACAPULCO, Mexico Oct 20 (Reuters) - The chief executive ofMexico's top precious metals miner Fresnillo on Wednesdaydescribed the current government's policies as "unfavorable" forthe key industrial sector.Mexican President Andres Manuel Lopez Obrador's government has been criticized by the mining industry for its policy of nonew concessions, as well as what have been...Read More