China's hot-rolled coil prices edged up on Monday November 16 amid optimistic sentiment generated by upbeat economic data and the establishment of a new free-trade agreement between 15 countries in Asia-Pacific.DomesticEastern China (Shanghai): 4,050-4,080 yuan ($613-617) per tonne, widening upward by 10 yuan per tonneSources told Fastmarkets that spot prices in Shanghai had strengthened in respon...Read More
China's domestic rebar prices increased on Monday November 16 after the country's National Bureau of Statistics (NBS) released positive downstream data.DomesticEastern China (Shanghai): 4,080-4,110 yuan ($617-622) per tonne, up by 20 yuan per tonneNew construction starts by floor area in January-October fell by 2.6% on the year to 1.8 billion square meters, according to the NBS. The rate of decrea...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....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....Read More
Key data from the pricing sessions in the United States, Europe and Asia for the week ended Friday November 13.China The Chinese silicon grade 5-5-3 export price continued to gain strength, with deals concluded at the high end of the assessed range. Exporters kept raising offers after robust domestic prices. The rise in electricity prices in southern China, a tight supply of silica and the higher...Read More
Prices and payables for cobalt hydroxide continued their upward trend last week amid buoyant trade, with Chinese buyers busily securing units arriving ahead of the Chinese New Year holiday (February 11-17, 2021). Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China rose to 80-81% of the standard-grade cobalt price (low end) on Friday November 13, up 0.3% from 79.5-81% midwee...Read More
The domestic magnesium price in China continued to climb over the past week, due to rising demand from exporters keen to load cargoes for previously signed orders amid soaring freight costs, Fastmarkets understands. Fastmarkets' weekly price assessment for magnesium 99.9%, exw China was 12,600-12,800 yuan ($1,907-1,937) per tonne on Friday November 13, an increase of 150 yuan per tonne (1.2%)...Read More
Vanadium prices in Europe jumped in the week ended Friday November 13, with spot market interest increasing and the alloy market trading close to a two-month high.Fastmarkets' latest assessment of the price for ferro-vanadium, basis 78% V min, 1st grade, ddp Western Europe, was $24.00-24.90 per kg on Friday, narrowing upward from the mid-week assessment of $23.50-24.90 per kg but still down from i...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningBP is the best example of what it costs to go green, suffering an exit of long-term...Read More
November 16, 2020 - Brixton Metals Corporation ("Brixton" or the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce high-grade gold, silver and copper content in 17 in place outcrop rock samples collected at and west of the recently acquired Trapper Target on its vast 2,594 square kilometer Thorn Cu-Au-Ag Project.Highlights from ProspectingFive rock samples greater than 20 g/...Read More
Copper prices set fresh multiyear highs over concerns of possible supply disruptions following unrest in Peru and optimism about the launch of a Chinese futures contract open to international investors.On the Comex market, copper for delivery in December gained 2.7% to US$3.2625 per lb. (US$7,193 per tonne) amid heavy buying, with more than US$8.3 billion worth of metal traded by mid-afternoon in...Read More
Canada's Endeavour Mining (TSX: EDV), already West Africa's top gold producer, has agreed to buy Teranga Gold (TSX: TGZ) in an all-share deal worth $2.44 billion (US$1.86 billion), which would create a top-10 gold producer.The Toronto-based miner is offering 0.470 of its own shares for each Teranga share, a 5.1% premium to Teranga's closing price on Friday.Endeavour shareholders will end up with 6...Read More
Victoria Gold (TSX: VGCX) has released assays for the final 13 drill holes from this year's exploration program at the Raven target within its wholly owned Dublin Gulch property in the Yukon. The intercepts featured long intervals of gold mineralization.Drill highlights include 19 metres of 3.95 grams gold per tonne from 90 metres, within a 174-metre section of 0.76 gram gold; 11 metres of 2.13 gr...Read More
After acquiring the Cerro de Oro project in August, Minera Alamos (TSXV: MAI) has released an initial resource estimate for the 65-sq.-km property in Mexico's Zacatecas state.The resource estimate features 48 million inferred pit-constrained tonnes, grading 0.41 gram gold per tonne, containing 630,000 oxide oz. gold. This estimate is based on a 0.18 gram gold per tonne cutoff grade, and was prepar...Read More
The S&P/TSX Composite Index rose 2.41% to 16,675.64 during the Nov. 9-13 trading week. The S&P/TSX Global Mining Index declined by 2.43% to 96.48, and the S&P/TSX Global Base Metals Index jumped 5.03% to 114.89. Spot gold dropped US$60.60 per oz., or 3.11%, to US$1,889.20 per oz., and the S&P/TSX Global Gold Index fell by 8.08% to 345.71.Barrick Gold fell $3.61 to $34.01 per share. The company ha...Read More
The S&P/TSX Venture Composite Index fell 0.80% to finish the Nov. 9-13 trading week at 736.37. Spot gold dropped 3.11%, or US$60.60 per oz., to US$1,889.20 per ounce.Shares of Artemis Gold jumped 41 ? to $5.55. The company released details of a 35,000-metre grade control drill program at its Blackwater gold project in British Columbia. The reverse circulation drill program will focus on delineatin...Read More
TORONTO, Nov 13, 2020 (GLOBE NEWSWIRE via COMTEX) -- Victoria Gold Corp. (TSX-VGCX) (Read full newsRead More
Earlier this month, Madagascar's government suspended a controversial gold-mining operation in Vohilava commune in the country's southeast. Many local people welcomed the news, which comes after years of tension over the project's environmental and economic impact and a recent demonstration against it. In early September, local people who oppose the project destroyed company equipment, throwing [....Read More
"Learn from Andrew Davidson, President and CEO of Royal Helium and guests Tom MacNeill, President and CEO of 49 North Resources Corp., Campbell Becher, President of Orchid Capital Partners and Doug Engdahl, President of Axiom Exploration Group as they discuss their upcoming catalysts and events.Read full newsRead More
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