A major fire involving about 20,000 tonnes of steel scrap at Sims UK's main export facilityin the west of England is expected to have a significant impact on shipments to key destinations, including Turkey. Sims UK did not reveal how much scrap was damaged or gave details as to the grade of material affected by the blaze at its Avonmouth dock facilities in southwest England, but a spokesman f...Read More

Prices for exported steel scrap cargoes from Japan were largely unchanged over the past week amid holidays in South Korea and Taiwan, together with the upcoming Kanto Tetsugen auction. Fastmarkets' price assessment for steel scrap H2, export, fob main port Japan was ?27,000-28,000 ($256-265) per tonne on Wednesday October 7, unchanged week on week. Offers were largely flat at ?28,000-28,500...Read More

Both seaborne and futures iron ore prices were flat on Wednesday October 7 with no visible activity on trading platforms during the Chinese Golden Week holiday and limited swaps trading volumes. Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $123.47 per tonne, unchanged62% Fe low-alumina fines, cfr Qingdao: $123.49 per tonne, unchanged58% Fe fines high-grade premium, cfr Qingdao: $111.76 p...Read More

Preliminary economic assessments (PEAs) on standalone operations at Corvus Gold's (TSX: KOR; US-OTC: CORVF) North Bullfrog and Mother Lode projects in southwestern Nevada suggest potential for the junior to be the first producer in the Bullfrog mining district, from first developing 'high margin' North Bullfrog, with a potential second operation at Mother Lode.At North Bullfrog, the latest mine de...Read More

Osisko Gold Royalties (TSX: OR; NYSE:OR) has announced the spin-out, through a reverse-takeover transaction (RTO), of Osisko Development. The newly formed developer will hold the past-producing Cariboo gold project in B.C. and the San Antonio gold asset in Mexico's Sonora state, in addition to other mineral assets and a portfolio of equity positions in publicly listed companies.To execute this tra...Read More

Seaborne coking coal prices were largely unchanged on Wednesday October 7 amid limited trading activity, market sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $137.60 per tonne, up $0.14 per tonne Premium hard coking coal, cfr Jingtang: $145.10 per tonne, unchangedHard coking coal, fob DBCT: $113.52 per tonne, unchanged ...Read More

German fertilizer producer K+S AG has sold its Americas salt unit to the Kissner Group for US$3.2 billion, a move that would provide the company with funds to pay down debt.The sale of Morton Salt comes a decade after K+S acquired it for US$1.7 billion. It was triggered by a drop in potash prices, which undermined the debt-financing of the company's new potash mine in Canada, called Bethune.The pr...Read More

London Metal Exchange three-month base metals prices, except tin, ticked up during the morning on Wednesday October 10 despite news that United States President Donald Trump will not hold long-awaited fiscal stimulus talks with US Democrats until after the Presidential election on November 3.Discussions regarding the proposed US $2.2 trillion relief bill are ongoing, revised down from the original...Read More

Base metals prices on the London Metal Exchange were weaker across the board this morning, Wednesday October 7, while equity markets were mixed. US Federal Reserve chair Jerome Powel warned too little stimulus is worse than too much.International Monetary Fund chief Kristalina Georgieva warns economic "calamity is far from over".US President Donald Trump postpones stimulus talks with Democrats unt...Read More

Aluminium premiums across the globe were mostly unchanged amid low liquidity in the week to Tuesday October 6, with all eyes on the narrowing London Metal Exchange spreads.Low liquidity for Rotterdam premiumsUS participants look to November for clarity on Canadian unitsEnd of the import quota in BrazilNorth Asia spot premiums unchanged on stable demandRotterdam flat; Spain, Italy catch upPremiums...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

The chromium metal market is facing oversupply after orders from the aerospace sector stalled, resulting in increased competition for business among suppliers, sources told Fastmarkets. Chromium metal in its higher purity is used to create a variety of superalloy components including turbine blades for the aerospace industry, due to its high resistance to corrosion. "Demand [from aerospace] is dow...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...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,...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday October 7. Key drivers  A persistent and seemingly increasing tightness in titanium scrap is propelling scrap and ferro-titanium prices for the fourth and fifth weeks in a row respectively.  Ferro-titanium producers say they are worried about securing enough scrap in coming weeks, with volumes falling from traditional sect...Read More

Granada Gold Mine Inc's (CVE:GGM) Frank Basa pitches the company to investors at the Proactive One2One virtual event. Granada Gold Mine is a TSX Venture list...Read full newsRead More

FenixOro Gold Corp is pleased to advise that CEO John Carlesso anRead full newsRead More

Renforth Resources Inc. is pleased to inform shareholders that thRead full newsRead More

A.I.S. Resources Ltd. announces that the Company has signed the dRead full newsRead More

Australian gold miner Northern Star Resources on Tuesday offered to buy smaller peer Saracen Mineral Holdings in an agreed A$5.76 billion ($4.14 billion) deal that will create a global top-10 gold miner by market value.Read full newsRead More