Key data from Fastmarkets' pricing session in Europe on Wednesday November 17.Key drivers European ferro-titanium spot prices were unchanged for the fifth week in a row after a tender for annual delivery in 2022 from Korean steel major Posco was settled in the current spot price range, according to sources. There were no reported spot trades over the week to Wednesday November 17. Ferro-titanium s...Read More

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 hydroxide p...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, in-whs Rotterdam, $/lb at 29.00-29.90 on Wednesday November 17, 2021....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...Read More

Global steel prices were likely to soften further at the end of 2021 because of lower raw material prices and uncertain market sentiment, panelists said on Monday November 15 during Fastmarkets' International Ferro-alloys Conference in Prague.In the middle of 2021, global steel prices reached a level not seen since the global financial crisis in 2008, after which there was a long-lasting downtrend...Read More

Domestic stainless steel prices in China maintained their downward trend for the week ended Wednesday November 17 due to soft demand.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 18,800-19,000 ($2,942-2,974) per tonne, down by 500 yuan per tonne from a week earlier.Downstream industries performed poorly, leading to lower stainless steel demand.Market sentiment became bear...Read More

The European Commission (EC) has proposed a revamp of the EU waste shipment rules under which the export of its metal scrap to nations not belonging to the Organisation for Economic Co-operation and Development (OECD) group would face significant restrictions, it said on Wednesday November 17.Wednesday's proposed shake-up will need to pass through the EU's lawmaking process, including both the Eur...Read More

Swiss commodity giant Glencore (LSE: GLEN) is selling its stake in the Ernest Henry copper-gold mine in Queensland, Australia to Evolution Mining (ASX: EVN) for A$1 billion ($916.5 million) in cash.Evolution will pay Glencore A$800 million ($733 million) upfront and the remaining A$200 million after 12 months. The companies believe the transaction will close in early January 2022.Under the terms o...Read More

Australia-based Newcrest Mining (ASX: NCM; TSX: NCM; PNGX: NCM) is building critical mass in Canada with the second significant acquisition announced as the mining major sets its sights on organic and mergers and acquisitions-based growth in the Americas, managing director and CEO Sandeep Biswas tells The Northern Miner.In 2019, Newcrest took a 70% interest in Imperial Metals' (TSX: III) Red Chris...Read More

Wolfden Resources (TSXV:WLF) has released new resource numbers for its Pickett Mountain base metal project in Penobscot Cty., Maine. Both indicated and inferred resources have been significantly increased by 22% and 57%, respectively, from a previous estimate completed in 2020.The indicated resource is now 2.7 million tonnes averaging 8.91% zinc, 3.83% lead, 1.22% copper, 97.2 grams silver per t...Read More

Zijin Mining, China's No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold and silver.Speaking at the CGS2021 conference in Medellin, the CEO of the local subsidiary, James Wang, said the goal was to rise throughout to 4,000 tonnes per day from the current 3,000-3,300 tonnes per day and add a flo...Read More

Canada's largest diversified miner Teck Resources (TSX: TECK.A; TSX: TECK.B; NYSE: TECK), says the unprecedented rain and flooding in British Columbia has disrupted the supply chain between west coast terminals and its BC-based operations.Two days of torrential rain across BC caused significant flooding and mudslides. They shut rail routes operated by Canadian Pacific Rail (TSX: CP) and Canadian N...Read More

TORONTO, Nov.17, 2021(GLOBE NEWSWIRE) -- Osisko Mining Inc. (OSK:TSX.Read full newsRead More

The global markets will need four times the nickel and double the copper in the next 30 years to facilitate a decarbonised world, a BHP Group executive said on Wednesday.Read full newsRead More

Canada's annual inflation rate accelerated again in October, matching a February 2003 high, led by sharp rises in gasoline and housing prices, data showed on Wednesday, with analysts expecting more heat ahead.Read full newsRead More

Sarama Resources Ltd. (Read full newsRead More

This upcoming Thanksgiving will be the most expensive ever, and inflation will continue to be a serious concern for investors, said Gary Wagner, editor of TheGoldForecast.com who advocates that gold is still the ultimate store of wealth.On a technical basis, gold is still in its consolidating phase, Wagner told David Lin, anchor for Kitco News. "A break above $1,880 [gold price] would really signa...Read More

I can't remember the last time I got a McDonald's ice cream.I've never liked it, probably because it's called an "ice cream product."So I didn't think much of it when I started seeing videos and memes going around the internet about how the McDonald's ice cream machines are always broken.Customers were even seen attacking McDonald's employees over this nonsense.But after the Federal Trade Commissi...Read More

(Kitco News) Despite worrying inflation levels, gold is not likely to surge over the next few years as the U.S. Federal Reserve begins to tighten its monetary policy stance, according to a report by Capital Economics."While our forecast that high inflation in the U.S. will be more persistent than the markets expect should ultimately mean that investors demand higher inflation compensation, we also...Read More

Since November 11 gold began to consolidate after completing the current leg of the most recent rally that began on November 4. The rally started one day after the conclusion of the November FOMC meeting. They announced that they would begin to taper their $120 billion asset accumulation later in the month. They announced that they would have a monthly reduction totaling $15 billion and continue t...Read More