An overview of the aerospace materials markets and their latest price moves.Ewa Manthey and Michael Greenfield in...Read More
Key data from Fastmarkets' pricing session in London on Friday March 12.Key drivers Offers revised down after Thursday's price fall, but buyers were still accepting prices above the previous range for briquettes and broken cathodes. Sellers competing...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda...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 transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt...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, in-whs Rotterdam,...Read More
The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 hydroxide p...Read More
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
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday March 12. ChinaThe spot domestic market price remained firm when production was suspended in Baotou due to the energy consumption restrictions in Inner Mongolia, adding to the already tight availability.The export price edged higher amid increasing spot demand from Asian buyers.Europe The spot...Read More
Taiyuan Iron & Steel (Tisco) plans to triple its annual output of stainless steel products by 2025, according to its general manager Gao Jianbing.The mill - China's second-largest stainless steel producer - plans to raise its annual crude steel output to 25 million tonnes by that year. Of these,...Read More
Falsified steel production records are undermining China's crackdown on industrial pollution, especially in key steelmaking city Tangshan, the Ministry of Ecology and Environment said on Thursday March 11.Unannounced checks by ministry officials on four steel mills in the city had found that the mills had "doctored and deleted production records" and "tipped each other off" about the spot checks....Read More
Mineral exploration and mining companies that incorporate environmental, social, and governance (ESG) principles as "true value drivers" as part of their corporate culture will outperform and have greater access to more long-term capital and at lower costs, says Sprott Capital's Daniella Dimitrov.The principles of ESG are not new to the mining industry, Dimitrov told the virtual audience at this...Read More
Wheaton Precious Metals enjoyed record 2020 revenues of $1.1 billion (all figures are U.S. dollars) with 627,063 oz. gold-equivalent sold. The figure includes sales of 367,419 oz. gold, 22,9 million oz. silver, and 22,187 oz. palladium.Operating cash flow for the year was over $765 million, also a record. The company reduced its net debt by $275 million, leaving it at $2 million. Shareholders were...Read More
Golden Dawn Minerals (TSXV:GOM; US-OTC:GDMRF) has completed a helicopter-borne VTEM and magnetics survey over the old Phoenix copper mine at its Greenwood precious metals project in southeast B.C. The Golden Crown, Lexington and Tam O'Shanter gold properties were also included.The survey is the first to be flown over Golden Dawn's claims. It was conducted on a 100-metre spacing.Golden Dawn expects...Read More
A report on battery metals produced by Aperio Intelligence on behalf of Eurobattery Minerals forecasts a considerable increase in raw materials demand for Europe's e-mobility sector by 2025, which is unlikely to be met by local producers.According to the document, Europe produced around 750,000 EVs in 2019, a total that is set to rise to more than 4.0 million in 2025. This equates to an increase f...Read More
Plans to build the UK's first new deep coal mine in three decades will be subject of a public inquiry following pressure for climate change advisers who said the project would "increase global emissions".Prime Minister Boris Johnson's government had halted the development of West Cumbria Mining's Woodhouse colliery project in northwest England in October, while it decided whether to call in th...Read More
Gold Royalty Corp. (NYSEA:GROY) and GoldMining Inc. (TSX:GOLD; NYSEA:GLDG) have successfully raised US$90 million through Gold Royalty's initial public offering of 18 million units priced at US$5 per unit. The common shares and warrants began trading on the NYSE American on March 9, 2021.Gold Royalty plans to use the proceeds to implement its growth and acquisition strategy and for general working...Read More
New transactions concluded for containerized steel scrap cargoes sold to Bangladesh fetched lower prices over the past week, sources told Fastmarkets.Buyers in Bangladesh, Pakistan and India have been successful in the past week in their attempts to reduce import prices for containerized scrap. "Asian mills appear to be winning in this round of buying," a trading source in the United States said.A...Read More
As part of its partnership with Natural Resources Canada, the Centre for Excellence in Mining Innovation (CEMI) is pleased to launch the Canadian Mineral Processing Ecosystem Innovation Portal at www.cmpip.ca.This is a moderated platform that will support the community of innovators and end-users in mineral processing. The portal will help create a cleaner, more productive, and globally competiti...Read More
Falling Japanese scrap prices have led to a resurgence in interest for such cargoes, with multiple transactions heard concluded in the week ended Friday March 12. A transaction was concluded at $440 per tonne cfr Vietnam for a bulk Japanese H2 cargo, while another transaction was heard concluded at $445 per tonne cfr northern Vietnam for the same grade of material.Offer for bulk Japanese H2 cargoe...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesTurn the clock forward to the present day and the mood is positively buoyant; higher metals prices and in...Read More