The United States silicon metal price reached $1.03 per lb on the high end on Thursday October 22, further surpassing domestic producers' $1 per lb cost of production and attaining its highest price since September 2019. The high end broke the psychological price barrier of $1 per tonne last week and rose for the third consecutive week in this Thursday's assessment because of recent widesprea...Read More

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday October 23.China Seaborne 37% and 44% manganese port indices both slid after market sentiment weakened further amid falls in the portside ore and futures alloy markets amid growing port inventories.Portside manganese ore prices for both grades weakened further after some ore traders slashed the...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves. Read More

The cobalt alloy 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...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...Read More

Liberty Steel, part of the GFG Alliance, has restarted Adhunik Steel in India six months after it acquired the plant, the company said on Thursday October 22. The company said that it had restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel following the acquisition of the steel businesses in February 2020. The acquisition of the Indian site is a strategic investment in o...Read More

Prices for inter-merchant light iron scrap in the UK market were unchanged during the week to Friday October 23 on tight domestic supply and a pick-up in export demand to deep-sea destinations, industry sources told Fastmarkets.Scrap coming into yards was reported to be down about 40% year-on-year and there is healthy demand from British steelmakers since August because steel production has picked...Read More

A temporary freeze in copper scrap generation boosted semi fabricators' usage of refined copper in 2020, market participants said.Many fabricators had to use cathodes instead of copper scrap due to tightened supply, Mark Loveitt, president of the International Wrought Copper Council (IWCC), said during the "2020 Copper Demand Update: Copper Fabricator Industry During COVID-19" virtual workshop on...Read More

Import scrap buyers in Taiwan failed to keep prices stable in the week to Friday October 23 after the bellwether market in Turkey reported price increases, sources said.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $275-280 per tonne on Friday, widening upward by $5 per tonne from the previous day and up...Read More

Shares of Unigold (TSXV: UGD) rose 46%, or 14.5 ?, to 46 ? per share following positive drill results from its Candelones Extension deposit, which is part of the company's 210-sq.-km Neita Concession in the Dominican Republic.Recent drilling was designed to test potential epithermal feeder systems at Targets B and C of the deposit. The first hole to test post-mineral mafic dikes intersected a high...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) has been granted 10 new exploration licenses in Tanzania, where, until recently, it was locked in a three-year conflict over taxes and mine ownership.The Toronto-based miner, which operates three mines in the African country through Twiga Minerals, added it would spend US$8 million carrying out exploration in Tanzania this year.Twiga Minerals was born last year...Read More

Canada's Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world's largest gold and silver streaming companies, said today it has been approved by the U.K. financial regulator to list on the London Stock Exchange (LSE).The Vancouver-based firm, which already trades in Toronto and New York, will make its debut on the LSE on Oct. 28 under the ticker WPM.The move will make Wheaton the largest...Read More

O3 Mining (TSXV: OIII) completed a preliminary economic assessment (PEA) of its Marban gold project in Quebec after only four months, and is on track to start a prefeasibility (PFS) study in 2021 and complete it by 2022.The company, which was spun out from Osisko Mining (TSX: OSK) in early 2019, was able to fast-track Marban because more than $60 million had been invested in the asset before Osisk...Read More

The MINING.COM EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including plug-in hybrids) around the world, continued to recover month on month in July, after dropping to its lowest level since January 2018 in April.With the exception of cobalt, there was a modest sequential uptick in battery raw material deployed in August, but year on year growth is ac...Read More

QMX Gold (TSXV: QMX) has drilled 44.4 grams gold per tonne over 2 metres from 170 metres downhole at its River Target, 1 km west of the past-producing Herbin mine and 16 km northwest of the junior's Bonnefond deposit. The Lac Herbin underground mine produced about 172,650 oz. gold between 2008 and 2016.The interval came from a second mineralized zone within drill hole 17421-20-056, which also retu...Read More

Polyus PJSC, Russia's largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world's biggest reserves.Read full newsRead More

Alianza Minerals Ltd. (TSXV:ANZ) (OTC:TARSF) (Read full newsRead More

Even Warren Buffett, one of the greatest investors of our time, bought some gold for his portfolio. Specifically, in the second quarter, he invested approximately US$565 million in Barrick Gold (TSX:ABX)(NYSE:GOLD) through Berkshire Hathaway. Since then, the gold miner stock has only appreciated about 7%.Usually, Buffett doesn’t trade in and out of stocks quickly. He would potentially sell h...Read More

LONDON, 9 October 2020 - BullionVault is today called a "pioneer" in physical gold investment by Handelsblatt, the No.4 top-selling newspaper in Germany.Comparing different ways of buying precious metals for investment, ownership of large gold bars stored in specialist vaults is now available from 1 gram at a time, the newspaper explains."The pioneer is the British supplier Bullionvault."Handels...Read More

LONDON, 28 September 2020 - Comment from BullionVault features in today's 'big read' in the Financial Times, looking at how 2020's surge in gold investing demand has offset the collapse of consumer purchases amid the global virus pandemic."Asian buyers [tend to] put a floor under the market," the FT says, quoting Adrian Ash, director of research at BullionVault."But with demand being so abject in...Read More