Brazil-based metals producer Nexa Resources suspended activity at the open-pit San Gerardo zinc-lead mine at its Atacocha unit in Peru due to road blockades, the company said on Thursday March 11.The miner restricted operations to the minimum workforce necessary for critical maintenance and safety, it said, after demonstrations from the local Machcan community were blocking access to Atacocha's pr...Read More

Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday March 12, with prices generally consolidating after recent weakness/consolidation. A lack of follow-through selling suggests underlying sentiment is still bullish. United States stimulus and European Central Bank support for a continued low interest rate environment are underpinni...Read More

Share this article Cascada Silver Corp. [CSS-CSE] has received all necessary regulatory and Canadian Securities Exchange approvals to commence trading of its common shares on the CSE Friday March 12, 2021. With receipt of listing approvals in hand, Cascada will increase its exploration activities on its portfolio of silver properties located in Chile's Atacama Region, including the historic Agua...Read More

An overview of the new energy materials markets and their price moves from the past week.Susan Zou and Sybil Pan...Read More

In an instant, all the traffic lights in Manhattan turn green at the same time. At the same moment, 3,000 miles away, all the cars in LA with OnStar systems lose braking power.Then a few hours later, down in Washington, D.C., track-switching mechanisms outside Union Station fail, causing two Amtrak trains to collide head-on and derail.In Galveston, an oil tanker runs aground, ripping open its hul...Read More

Magnetic Resources (ASX: MAU) is focused on discovering significant ore bodies, which offer viable commercial offtakes. These discoveries are made primarily utilizing the team's unique set of skills in ground magnetics and soil geochemistry. We learned from George Sakalidis, Managing Director of Magnetic Resources, that they have been actively exploring a gold project called Hawk's Nest Nine, loca...Read More

Tarachi Gold Corp. (CSE: TRG, PINK: TRGGF, Frankfurt: 4RZ) is focused on exploring and developing the Tarachi Gold project that covers 3,708 ha of highly prospective mineral concessions, in the Sierra Madre gold belt of Sonora, Mexico, in close proximity to Alamos Gold's Mulatos mine and Agnico Eagle's La India mine. Tarachi is also in the process of acquiring the Magistral Mill and tailings proje...Read More

Chilean state-owned copper miner Codelco is exploring for lithium at the Maricunga salt flat, the second-largest in the country in terms of reserves, and is continuing to seek options for the area's future development, including joint ventures, the company's chairman has said.The miner received permission to explore from the Environmental Assessment Commission of Atacama, where the salt flat is lo...Read More

NewPeak Metals Limited (ASX: NPM) is an exploration company, with high-growth potential, focusing on exceptional, results-driven Gold projects, in New Zealand, Finland and Argentina. In 2020 the NewPeak Management Team announced an expansion strategy to acquire additional precious metal properties, in alternative geographic jurisdictions. The Company has successfully implemented this strategy thro...Read More

Profit-taking and the absence of Chinese buyers from the cobalt metal market has resulted in the first dip in the price of cobalt in 2021 but the fundamentals of the market remained the same, sources told Fastmarkets on Thursday March 11.Buyers which had speculated on cobalt during the latest rally, which has run since the start of the year, were now looking to sell off the metal they were holding...Read More

The South American import market for flat-rolled steel remained on an upward trend in the week to Friday March 12 with more expensive offers from China and Japan, but acceptance of these became less common with ship availability still low and freight rates remaining high, holding prices back.Two main factors were putting pressure on the market: the bulk freight situation and a potential cut in the...Read More

Domestic flat steel prices in Turkey continued to soar in the week to Friday March 12, but buyers were hesitant about booking big tonnages for July production, sources told Fastmarkets.Hot-rolled and cold-rolled coil producers were accepting orders to be produced in July, but buyers were reluctant to have to wait a minimum of four months for large quantities. Most market participants said tha...Read More

The European Commission's anti-dumping investigation into Chinese graphite electrodes sales into Europe has sparked a rush for material with market participants making plans in case duties are imposed, according to graphite electrode consultants GES.Since the EC declared on February 17 it was investigating whether Chinese graphite electrodes producers had broken anti-dumping rules, steel mills hav...Read More

The domestic price for reinforcing bar (rebar) in Brazil rose slightly during March, with the vast majority of mills delaying previously expected increases to April, market participants told Fastmarkets.While some local steelmakers had raised prices by 5-8% in February, a few who did not decided for a 6% increase in March. For April, at least two mills were indicating an average 15% rise, but this...Read More

The European Commission's anti-dumping investigation into Chinese graphite electrodes sales into Europe has sparked a rush for material with market participants making plans in case duties are imposed, according to graphite electrode consultants GES.Since the EC declared on February 17 it was investigating whether Chinese graphite electrodes producers had broken anti-dumping rules, steel mills hav...Read More

Domestic long steel producers in Poland were eyeing price increases on high rolling costs, while buyers were resisting hikes, sources told Fastmarkets on Friday March 12.RebarFastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, exw Poland was 2,900-2,950 zloty ($757-770) per tonne on Friday, narrowing from 2,870-2,950 zloty per tonne seven days earlier.Trading activity...Read More

The pig iron export market from Brazil was stable during the week to Friday March 12, with no new deals heard because suppliers were fully booked, Fastmarkets heard.Fastmarkets' price assessment for pig iron, export, fob port of Vitoria/Rio, Brazil, was $520 per tonne on Friday, unchanged week on week.The latest sale from the south of Brazil to the United States was...Read More

Bob Thompson of Raymond James in Vancouver joins us to discuss the recent price action in the precious metals as we look ahead to next week's meeting of the FOMC.Bob's bio: http://www.bobthompson.ca/bob-thompson.aspxRead More

The Fed's keep adding more and more to get less and less. What will they do next? We are getting close to Zero Hour. Stay informed by subscribing to my free e-letter at www.HarryDent.comHarry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographi...Read More

Increasing scrap flows and bearish appetites led to softer prices in the majority of international steel scrap markets in the week to Friday March 12.While the markets in the United States, China and India appeared to be static over the period, a flurry of buying activity in Vietnam was intended to capitalize on lower Japanese scrap prices, while Taiwanese traders made hasty sales in a bid to avoi...Read More