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Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

October 28, 2021 / www.metalbulletin.com

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

AT A GLANCE: SSAB continues strong performance in third quarter

October 28, 2021 / www.metalbulletin.com

A summary of the financial results for Swedish steelmaking group SSAB for the third quarter of 2021.In brief SSAB reported another strong quarterly performance, linked to higher steel prices First fossil-free plates rolled in Oxel??sund Strong earnings reported despite maintenance at some locations Shortage of semi conductors muted automotive demand in EuropeSSAB Special steels revenue5.99 bi...Read More

US scrap export mart enjoys higher-priced sales

October 28, 2021 / www.metalbulletin.com

A flurry of export sales off the East Coast and Florida has put further supply pressure on an already tight US ferrous scrap market.An East Coast sale that was reported on October 22 for an 80:20 mix of No1 and No2 heavy melting scrap priced at $510 per tonne and shredded scrap at $530 per tonne raised eyebrows for its high selling price.It is too early to tell whether this cargo is an outlier tha...Read More

Sibanye-Stillwater takes stake in Australia's New Century Resources

October 27, 2021 / www.northernminer.com

Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings zinc retreatment plant in Queensland. The news comes on the heels of the South African miner's purchase earlier this week of two nickel and copper mines in Brazil from Appian Capital Advisory, in...Read More

Equinox breaks ground at what will be one of Canada's largest gold mines

October 27, 2021 / www.northernminer.com

Equinox Gold (TSX: EQX; NYSE: EQX) has begun full-scale construction at its US$1.23 billion Greenstone Gold Mines project in Ontario, Canada, which is slated to become one of the country's largest gold mines, producing more than 400,000 ounces of the metal annually for the first five years of operations. Being advanced in 60:40 joint venture with Orion Mine Finance Group, the complex is made up o...Read More

Adventus and Salazar release feasibility study for the Curipamba copper-gold project in Ecuador

October 27, 2021 / www.northernminer.com

Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its partner Salazar Resources (TSX: SRL; US-OTC: SRLZF) have released a feasibility study with updated mineral resources and a first estimate of mineral reserves for their Curipamba copper-gold project's El Domo deposit, located about 150 km northeast of the port city of Guayquil in central Ecuador.The feasibility study outlines an initial open-pit m...Read More

Rio Tinto and USGS team up for Montana critical mineral hunt

October 27, 2021 / www.northernminer.com

Australian diversified major Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with the United States Geological Survey (USGS) to hunt for critical minerals beneath the Continental Divide near Montana's Boulder Batholith.For the first time, the USGS has partnered with a resource company to fly airborne geophysical surveys in areas of interest in 2022 as part of its Earth Mapping Resources In...Read More

NorthWest Copper reports 'game-changing' drill result from Kwanika deposit

October 27, 2021 / www.northernminer.com

NorthWest Copper (TSXV: NWST) has hit the highest-grade copper-gold interval ever intersected at Kwanika, one of the two deposits at the company's advanced-stage copper-gold exploration project in British Columbia.The high-grade interval consists of massive to semi-massive copper and gold mineralization at a moderate depth in the western half of the deposit. It expands the high-grade portion of th...Read More

More than 10% of global container fleet waiting for berths, vessel delays to continue - Maersk

October 28, 2021 / www.metalbulletin.com

More than 10% of the global container fleet is waiting for berths to become available around the world, with effective capacity being "severely limited by port congestion," shipping giant Maersk said this week.While all vessels have been deployed, 12.5% of capacity has been removed while effects of vessel delays continue to worsen, it said, quoting Sea-Intelligence Maritime Analysis.Trade growth m...Read More

RT @goplantx: Join us on October 30 to celebrate the grand opening of XMarket Hillcrest in San Diego! ???????EUR????

October 27, 2021 / investor.plantx.com

VANCOUVER, British Columbia - October 27, 2021 /CNW/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or [...]Read full newsRead More

RT @SonoroGold: Sonoro #Gold sees strong potential for flagship Cerro Caliche project in Mexico

October 27, 2021 / ca.proactiveinvestors.com

The company is currently focused on developing a heap leach mining operation (HLMO) at the project - where exploration confirmed broadly...Read full newsRead More

Western Tethyan Operational And Exploration Update

October 27, 2021 / bit.ly

Raiden Resources Limited (ASX: RDN) (Read full newsRead More

Remember the '70s? Watch the energy shock & look for gains in gold, silver, and copper, says Lobo Tiggre

October 28, 2021 / www.kitco.com

(Kitco News) Commodity supercycle or not, copper has one of the "most bullish cases" around, said Lobo Tiggre of The Independent Speculator.No matter the general sentiment around commodities, the copper supply-side ensures price gains in the future."I like copper a lot. It is one of the most solid bull cases. And even if the commodity supercycle does roll over, I could see copper keep on going," T...Read More

Congratulations and Welcome to the 2% Club

October 25, 2021 / www.outsiderclub.com

The coronavirus pandemic sharply altered the way we interact with media. You may think we now consume more broadcast TV, streaming content, or online news. But a funny thing happens when people lose trust in the media and get tired of seeing mass murder on the newest Netflix special.We've thankfully turned to books and other forms of media that make us feel human again, that connect us to one anot...Read More

Operational woes ding Newmont, lowers guidance

October 28, 2021 / www.kitco.com

The world's largest gold miner, Newmont (TSE:NGT), said today it produced 1.45 million attributable ounces of gold during Q3. The all-in-sustaining-cost was $1,120 per ounce. The company said it generated $1.1 billion of cash from continuing operations and $735 million of free cash flow.Gold production in Q3 was the same as the prior quarter, but down from a year ago due to "... lower throughput a...Read More

Gold modestly up in choppy trading, supported by big drop in USDX

October 28, 2021 / www.kitco.com

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 pricesare mildly higher in midday trading Thursday, on a choppy and two-sided tradingday. Solid losses in the U.S. dollar index today are prompting some buyinginterest in the precious metals mark...Read More

Gold price ticks down from daily highs as U.S. Q3 GDP disappoints

October 28, 2021 / www.kitco.com

(Kitco News) The U.S. economy slowed sharply in the third quarter, the U.S. Bureau of Economic Analysis reported on Thursday. The advance estimate showed that the U.S. Q3 GDP rose 2% versus the market's expectations of a 2.7% increase. In the second quarter, the U.S. GDP came in at 6.7%."The increase in real GDP in the third quarter reflected increases in private inventory investment, personal con...Read More

Biden pushes $1.75 trillion spending plan, progressives push back

October 28, 2021 / www.kitco.com

WASHINGTON, Oct 28 (Reuters) - U.S. President Joe Biden said on Thursday he had secured a new $1.75 trillion framework for economic and climate change spending that could pass the Senate, and expressed confidence it would win the backing of all wings of the Democratic Party."Today I'm pleased to announce after months of tough and thoughtful negotiations, I think we have, I know we have a historic...Read More

i-80 Gold drills 7.1 m of 41.3 g/t Au at Granite Creek

October 28, 2021 / www.stockwatch.com

Mr. Tyler Hill reportsI-80 GOLD INTERSECTS HIGH-GRADE GOLD IN UNDERGROUND DRILLING AT GRANITE CREEKi-80 Gold Corp. has released positive initial assay results from the continuing underground drill program at the company's Granite Creek propertylocated in Humboldt county, Nevada. High-grade results from drilling from the 4740 level targeting mineralization in the Otto and Adam Peak fault horizons p...Read More

Red Pine Exploration completes Algoma-Talisman sale

October 28, 2021 / www.stockwatch.com

Mr. Quentin Yarie reportsRED PINE ANNOUNCES COMPLETION OF SALE OF ALGOMA-TALISMAN PROPERTYFurther to its press release dated Aug. 20, 2021, Red Pine Exploration Inc.has completed the sale of all of Red Pine's Algoma-Talisman gold prospective property, located in Newton township, Ontario, to Newton Gold Corp. for a total purchase price of$1.05-million.Red Pine has now received the remaining$500,000...Read More

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