Mr. Michael Spreadborough reportsNOVO COMMENCES 15,000 M RC DRILLING PROGRAM AT THE PARNELL-VULTURE TREND AT NULLAGINE Novo Resources Corp. has provided an update on brownfields exploration programs focusing on oxide opportunities at its highly prospective Nullagine gold project. The Parnell and Vulture reverse circulation programs are part of the NGP exploration program ramp-up, with forward prog...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) - Centerra Gold (TSX: CG) (NYSE: CGAU) reported today that due to the recent heavy rain, flooding and mudslides in British Columbia, rail service between the Vancouver west coast terminals and the compan...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 is flat heading into the European session. The yellow metal will start the day trading at $1858/oz. Silver has moved 0.30% higher and trades at $24.85/oz. In the rest of the commodities complex, c...Read More
Mr. John Mirko reportsROKMASTER REPORTS ON REVEL RIDGE METALLURGICAL GOLD FLOWSHEET DEVELOPMENT IN CONJUNCTION WITH ENVIROMETAL TECHNOLOGIES INC.Rokmaster Resources Corp. has provided test results of the current work program on the gold-dominant mineralization from the Revel Ridge property located in southeastern British Columbia. The company's recent test program was part of the continuing assess...Read More
Aluminium billet premiums were steady across the globe on Friday November 19, remaining close to all-time highs.EuropeEuropean billet premiums are unchanged this week at record highs but liquidity is low, with most buyers covered until the end of the year.Fastmarkets assessed the aluminium 6063 extrusion billet premium, ddp North Germany (Ruhr region) at $1,450-1,500 per tonne on November 19, unch...Read More
Base metals prices on the London Metal Exchange were mixed, but largely up at the 5pm close on Friday November 19, after a week of choppy trading."We seem to be following a similar pattern to last week," Marex LME desk analyst Alastair Munro said."Macro-inspired weakness during the first part of the week has given way to a bout of short-covering [activity] into the weekend," he added.The three-mon...Read More
Fastmarkets' copper concentrate treatment charge/refining charge (TC/RC) indices edged down slightly in the week to Friday November 19. Spot activity was thin, with the market still focusing on 2022 contract negotiations; no number for benchmark charges has...Read More
An overview of the new energy materials markets and their price moves in the week to Friday November 19.Susan Zou, Yingchi Yang and...Read More
Adam HamiltonArchivesNov 19, 2021 The mid-tier and junior gold miners in their sector's sweet spot for upside potential have been powering higher recently. They've blasted to several major breakouts after getting bombed out during gold-futures speculators' taper tantrum on Fed-tightening fears last summer. These smaller gold miners just finished their Q3'21 earnings season, revealing whether their...Read More
Julian Kettle, vice chair of Woodmac's metals and mining team, noted bold statements on the rapid phase out of coal had been watered down at the conference.Read More
Key data from Fastmarkets' pricing sessions in China, Europe and the United States on Friday November 19.China?EUR?Weaker downstream steel demand was the principal driver of the decrease in China's ferro-silicon price. Due to the normal steel purchase off-season, demand for steel was not at a high level. Besides, with the heat supply period beginning in northern China, steel production will be und...Read More
An overview of the specialty steel raw materials markets in Europe and the latest price moves.Janie Davies, Dalila Ouerghi,...Read More
Key data from Fastmarkets' pricing sessions in China, India, Europe and the United States on Friday November 19.China The spot silico-manganese and ferro-manganese markets continued to fall this week, following the sluggish futures and downstream steel markets. Alloy producers have been considering production cuts to avoid financial losses under high electricity rates and falling alloy prices.&nbs...Read More
An overview of the specialty steel raw materials markets in Europe and the latest price moves.Janie Davies, Dalila Ouerghi,...Read More
An overview of the aerospace materials markets and the latest price moves.Jessica Long, Zihao Li and...Read More
Importers of ferrous scrap were lured back to market in the week ended Friday November 19 by lower prices, which were precipitated by a period of lackluster buying activity.?EUR?Turkish mills' import prices rebounded by the week's end after deals at lower prices?EUR?US sales halted with exporters reluctant to reduce their selling prices?EUR?Vietnamese buyers were actively seeking more material aft...Read More
Prices for shredded steel scrap imported into Pakistan and India moved down after both markets weakened in the seven days to Friday November 19, sources told Fastmarkets.PakistanFastmarkets calculated its weekly steel scrap, shredded, index, import, cfr Port Qasim, Pakistan at $560.18 per tonne on Friday, compared with $564.21 per tonne a week earlier.Deals were heard at $563-565 per tonne this we...Read More
Bulk freight rates for key steel products have receded over recent weeks amid shrinking port congestion in China and improved vessel availability, sources have told Fastmarkets.A slowdown in Chinese commodity imports, coming at a time of crashing steel prices in the country, has allowed congestion at the country's ports to unwind in recent weeks, markets participants said.Freight rates first dropp...Read More
An overview of the new energy materials markets and their price moves in the week to Friday November 19.Susan Zou, Yingchi Yang and...Read More
China's Ministry of Industry & Information Technology (MIIT) is conducting a public consultation on its proposed standards of the lithium-ion battery industry. The proposed standards - released on Thursday November 18 - detail the requirements for battery energy density and specific capacity.In the proposal, the energy density for consumer electronics batteries need to stay above 260 watt hour (Wh...Read More