Seaborne premium hard coking coal prices dipped on Monday September 14 due to lack of transactions after contradictory views on current market levels emerged. However, hard coking coal indices in the fob and the cfr markets rose mildly following previous price rises in premium hard coking coal in both markets. Fastmarkets indices Premium hard coking coal, fob DBCT: $113.23 per tonne, down $0.15 pe...Read More

Import prices for rebar in Singapore continued to rise in the week to Monday September 14 on costlier raw materials, market sources told Fastmarkets.Higher prices for ferrous scrap and iron ore have caused sellers to raise their offers in turn. Sources said there is little chance of steel mills giving substantial discounts to buyers in Asia.Turkish and Indian rebar was offered at $485 per tonne cf...Read More

Three-month base metals prices on the LME consolidated higher in morning trading on Monday September 14, while the fresh cancellation of some 41,325 tonnes failed to push aluminium futures above nearby resistance at $1,800 per tonne. Aluminium's outright price on the London Metal Exchange  was recently trading at $1,785.50 per tonne on Monday morning, topping the complex but up by just 0...Read More

China's domestic rebar prices moved up slightly on Monday September 14 to track movements in the billet market, but the increases failed to stimulate much demand. DomesticEastern China (Shanghai): 3,700-3,720 yuan ($542-545) per tonne, up by 20 yuan per tonneBillet prices in Tangshan rose over the weekend on active buying, which led to those for rebar following suit on Monday.But rain and a weak f...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 transparency into the markets it covers and the pricing process it applies. Fastmarkets...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 transparency into the markets it covers and the pricing process it applies. Fastmarkets...Read More

China's reserve authority has finally approved fresh stockpiling of cobalt metal, casting some hope for the pandemic-weathered market, especially for cut cathode amid aerospace negativity. In the evening of Wednesday September 9, Chinese cobalt producers successively received invitations from the country's State Reserve Bureau (SRB) informing them to collect the tender document the next day -...Read More

China's bismuth price was unchanged in an inactive spot market last week, with cargo holders maintaining firm offers and selling cautiously.Fastmarkets' weekly price assessment for bismuth 99.99% Bi min, in-whs China, was at 41,000-42,500 yuan ($5,997-6,216) per tonne on Friday September 11, unchanged since August 28.The price reached its current level late last month after rising continuously sin...Read More

Base metals prices and equity markets were for the most part firmer on Monday September 14, and the common theme seems to be higher hopes for Covid-19 vaccines. Pharmaceutical company AstraZeneca said it has resumed phase three clinical trials, China stated that it was close to a viable vaccine too and drugmaker Pfizer said a vaccine could be distributed in the United States by the end of the year...Read More

Key data from the Friday September 11 pricing session in London and Shanghai.Key drivers Range for cobalt hydroxide payables widened in the second half of last week, after business was concluded at both ends of the latest range; the midpoint of the range moved up slightly, however, with suppliers managing to achieve...Read More

Seaborne prices for low-grade manganese ore in China continued to rise in the week to Friday September 11, after deals for more volumes of October-delivery cargoes were concluded at higher prices than September shipments, sources told Fastmarkets.The increase marked the second consecutive week of rising prices.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin, was $4.32 per dry metric tonne un...Read More

Nickel briquette premiums in the United States have declined to their lowest level since Fastmarkets began tracking that form two and a half years ago, and are now less than half of their original value. The latest decline comes mostly because some producers are selling at any price in an attempt to make their third-quarter results look better before the September 30 deadline, multiple market sour...Read More

Chinese battery maker CATL is acquiring an 8.6% stake in Neo Lithium (TSXV: NL; US-OTC: NTTHF), which is advancing its Tres Quebradas (3Q) project, a high-grade lithium brine lake and salar complex in Argentina's Catamarca province, the largest lithium producing area in the country.CATL owns and operates lithium-ion battery manufacturing facilities in four Chinese provinces (Fujian, Jiangsu, Qingh...Read More

Operations at the Renard diamond mine in Quebec will restart this month, after a six-month suspension, Osisko Gold Royalties (TSX: OR) has announced.The September restart follows a full review of operations and the approval of a plan to reduce costs by $30 million over the next 16 months.The mine, operated by Stornoway Diamonds, has been on care and maintenance since the Quebec government mandated...Read More

Results from the first-phase exploration program at Atac Resources' (TSXV: ATF) 11.5-sq.-km Airstrip target, part of the 1,700-sq.-km Rackla gold property in east-central Yukon, have defined an orogenic gold system. Drilling has outlined mineralization over an area of 1,000 metres by 500 metres and across 300 vertical metres.Atac has completed 12 rotary air blast (RAB) holes to date, in addition t...Read More

Toronto-based Roxgold (TSX: ROXG; US-OTC: ROGFF) announced the results from a new exploration program conducted at the company's Boussoura project, located in the southern part of Burkina Faso, near the border with C??te d'Ivoire.Staked by the company in 2014, Boussoura is located in the West African Hound?(C) Greenstone belt, which is host to several large-scale operating mines, including Roxgol...Read More

Canada's Prime Minister Justin Trudeau appeared at the launch of Iamgold (TSX: IMG; NYSE: IAG) and Sumitomo Metal Mining's C??t?(C) gold project in Ontario.The prime minister attended the project's official ground-breaking, a ceremony that symbolizes the start of construction and that was also attended by local First Nations, Ontario Premier Doug Ford, cabinet ministers, members of parliament and...Read More

Wolfden Resources (TSXV: WLF) has released a preliminary economic assessment (PEA) for its Pickett Mountain massive sulphide project in northern Maine, 5 km from the nearest highway and 24 km from a rail line.The early-stage study outlines a mine life of 10.7 years producing a total of 600 million lb. payable zinc, 230 million lb. payable lead, 78 million lb. payable copper, 8 million oz. payable...Read More

The MineConnect website (www.mineconnect.com) serves as a one-stop portal where mining companies can search out whatever resources or supplies they need.MineConnect, formerly known as the Sudbury Area Mining Supply and Services Association (SAMSSA for short), launched a re-branding initiative earlier this year aimed at making its 174 member companies "Suppliers of Choice to the World," says Execut...Read More

Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today that it had received $100 million from streaming company Franco-Nevada (TSX: FNV; NYSE: FNV), which it will use to progress its Alpala copper-gold project through to final feasibility and a development decision.The funding is part of a net-smelter royalty finance agreement (NSR) between the parties agreed in May, which guarantees Fran...Read More