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LIVE FUTURES REPORT 06/11: LME copper price breaches $6,900/t; complex climbs amid undecided US election

November 07, 2020 / www.metalbulletin.com

Three-month base metals prices on the London Metal Exchange were largely higher during morning trading on Friday November 6, spurred by a continued decline in the US dollar index, while copper futures steadily appreciated to push past the $6,900-per-tonne resistance level amid persistent outflows. The three-month copper price was recently trading at $6,919 per tonne, its highest level since Octobe...Read More

COBALT SNAPSHOT: Prices stable; market looks for next move

November 07, 2020 / www.metalbulletin.com

Key data from the Friday November 6 pricing session in London.Key drivers Strong hydroxide payables continued to help keep prices firm amid weak demand for standard and alloy grade cobalt.Producers and distributors aired concerns about metal demand, reporting aggressive bids and some are considering going below the current range. ...Read More

AEROSPACE MATERIALS MARKET REPORT: Cobalt firm; V2O5 down on weak end-user demand

November 07, 2020 / www.metalbulletin.com

An overview of the aerospace materials markets and the latest price moves.Fastmarkets has reworked the market reports...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 06/11: V2O5 market falls on weak end-user demand; falling prices in China weigh

November 07, 2020 / www.metalbulletin.com

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...Read More

Trade Log: Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne

November 07, 2020 / www.metalbulletin.com

The cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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...Read More

Trade Log: Cobalt alloy grade, in-whs Rotterdam, $/lb

November 07, 2020 / www.metalbulletin.com

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....Read More

Trade Log: Cobalt standard grade, in-whs Rotterdam, $/lb

November 07, 2020 / www.metalbulletin.com

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

US aluminium scrap prices climb on tight supply

November 07, 2020 / www.metalbulletin.com

Scrap consumers indicated they were operating at "almost full capacity" in order to meet demand, adding that they have had to hold back from taking on more business."We're busy, we're running all our furnaces. We had good production in October and are expecting good production in November," one consumer source said. "I'm hearing some ridiculous numbers [for scrap]. The ingot price has been steadil...Read More

Energy Fuels produces REE concentrate at White Mesa

November 06, 2020 / www.northernminer.com

Energy Fuels (TSX: EFR; NYSE: UUUU) has produced the first rare earth element (REE) carbonate concentrate on a pilot-scale at its wholly owned White Mesa mill in southeastern Utah, 508 km southeast of Salt Lake City.According to the company, it is the first REE concentrate produced from monazite sands in any significant quantity in North America in over 20 years. (Monazite is a naturally occurrin...Read More

Iamgold cuts guidance after Westwood mine halt

November 06, 2020 / www.northernminer.com

Iamgold (TSX IMG; NYSE: IAG) has again lowered its production targets for the year, after suspending operations at its Westwood underground mine in southwestern Quebec following an earthquake.The Toronto-based miner now expects output to be in the range of 630,000-680,000 ounces.The company had revised its annual guidance down in March to 700,000 and 760,000 ounces. It further lowered it in May to...Read More

SilverCrest discovers high-grade zone at Las Chispas

November 06, 2020 / www.northernminer.com

SilverCrest Metals (TSX: SIL; NYSE: SILV) has discovered a new high-grade zone at its wholly owned Las Chispas project in Mexico's Sonora state, 180 km northeast of Hermosillo.Named El Muerto, the new zone is the company's fourth discovery since the first quarter of 2019. Highlights include drill hole EM20-37, which intersected 2 metres grading 12.68 grams gold per tonne and 1,723.8 grams silver p...Read More

Kirkland Lake earnings boosted by Detour mine

November 06, 2020 / www.northernminer.com

Kirkland Lake Gold's (TSX: Kl; NYSE: KL; ASX: KLA) acquisition of Detour Gold and its Detour Lake mine in Ontario earlier this year now accounts for more than 40% of the company's 2020 free cash flow."We are extremely pleased with the contribution already being made by Detour Lake mine, which generated US$231 million of free cash flow in the first eight months since the transaction," chief executi...Read More

PRICING NOTICE: Fastmarkets starts publication of weekly Pakistan shredded steel scrap index

November 07, 2020 / www.metalbulletin.com

Fastmarkets today, Friday November 6, launches its weekly Steel scrap shredded, index, import, cfr Port Qasim, Pakistan.Following a month-long consultation period, Fastmarkets has launched its price for MB-STE-0887 Steel scrap shredded, index, import, cfr Port Qasim, Pakistan, $ per tonne, to complement its existing steel scrap prices in the South Asia region.Fastmarkets already includes coverage...Read More

New Gold Reports Third Quarter Financial Results

November 06, 2020 / dlvr.it

November 5, 2020- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) reports third quarter results for the Company as of September 30, 2020 and reaffirms its revised annual consolidated guidance, with all-in sustaining costs expected to be below guidance levelsRead full newsRead More

African Gold Group: Low-Cost Gold Development in West Africa @AfricanGoldG $AGG

November 06, 2020 / bit.ly

African Gold Group (TSXV:AGG) has launched its campaign on the Investing News Network.Read full newsRead More

Volcanic Gold Mines: Focused on Discovering World-Class Precious Metal Deposits @Volcanic_Gold $VG

November 06, 2020 / bit.ly

Volcanic Gold Mines Inc. (TSXV:VG, FWB:CKC1) has launched its campaign on the Investing News Network.Read full newsRead More

NEW VIDEO: Sunrise at @PanconResources' $PUC Brewer Gold Project

November 06, 2020 / bit.ly

See what's happening in the first days of drillingRead full newsRead More

.@Novo_resources $NVO Announces Supplemental Listing of Warrants

November 06, 2020 / bit.ly

Not for Distribution to United States Newswire Services or for diRead full newsRead More

Eric Sprott Announces Holdings in @Novo_resources $NVO

November 06, 2020 / bit.ly

Eric Sprott announces that today, The Sprott Foundation, which heRead full newsRead More

.@Novo_resources $NVO Extending Scope of Beatons Creek Conglomerate Gold Project

November 06, 2020 / bit.ly

Novo Resources Corp. is pleased to announce that mapping and rockRead full newsRead More

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