China's domestic hot-rolled coil prices continued to rise on Wednesday April 14 amid declining inventories.DomesticEastern China (Shanghai): 5,490-5,530 yuan ($839-845) per tonne, up 30-80 yuan per tonneMajor warehouses in Shanghai had a total of 445,800 tonnes of HRC on Wednesday, down by 27,900 tonnes from 473,700 tonnes a week earlier, according to a survey by a domestic trading company.The dro...Read More
The London Metal Exchange three-month aluminium price reached a new year-to-date high on Wednesday April 14 morning, while the rest of the complex was trending higher on support from a lower US dollar index.LME aluminium's price reached $2,322 per tonne around 9:30am on higher volumes, trading over 4,500 lots by that time, that surpassed copper, which was trading around 3,800 lots. This is th...Read More
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Wednesday April 14, and broader markets were pleased US consumer prices did not shock to the upside, but markets are likely to remain wary in case corporate earnings do not live up to high expectations.Tuesday's US consumer price index (CPI) reading climbed by 0.6% in March, slightly higher than...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 alloy grade, in-whs Rotterdam, $/lb...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, $/lb...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
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 applies.Fastmarkets assessed...Read More
Ready for development copper-gold projectSPONSOREDjosemaria resources incKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdAre mining companies being held back by their board composition? SPONSOREDswannWhat investors will be looking for in the spending habits of shoppers is evidence...Read More
Galactic mining could become a reality by 2025, with the first facility for such a purpose being planned for construction on the moon, according to Airbus."Lunar dust called solar regolith can be used to produce oxygen, metals, alloys and silicon, which will then be used as raw materials in an industrial process," the aerospace company's in-space manufacturing and assembly roadmap owner Christophe...Read More
Osisko Metals' (TSXV: OM; US-OTC: OMZNF) Pine Point project in the Northwest Territories has "all the ingredients you want for an outstanding base metals project," says the company's Chairman and CEO Robert Wares.The past-producing zinc-lead project, located about 60 km east of Hay River, benefits from established infrastructure, including an onsite electrical substation that provides low-cost hyd...Read More
Final results for nine holes drilled as part of a 16,418-metre, 32-hole drill program completed last year at HighGold Mining's (TSXV: HIGH; US-OTC: HGGOF) gold-polymetallic project in southcentral Alaska expand mineralization by 180 metres down-plunge, and on strike of earlier step-out intercepts. Overall, the 2020 drill program expanded the gold-copper-zinc-silver-lead mineralization to a total s...Read More
Lithium shares are on a roll after investment bank Macquarie (ASX: MQG) joined peers in predicting a further increase in prices for the key battery metal driven by increasing demand from the electric vehicles (EVs) sector, which is expected to push the market into undersupply.Analysts at the bank are now forecasting prices to rise by between 30% and 100% for the next four years."Our bullish EV dem...Read More
The seaborne markets for chrome ore and alloy in China fell during the week ended Tuesday April 13, with lower offer prices sparking UG2 chrome ore liquidity and weak portside prices softening the charge chrome market. Fastmarkets' chrome ore South Africa UG2 concentrates index basis 42%, cif China fell by $8 to $150 per tonne on April 13, down by 5.06% from $158 per tonne one week ago. Lower...Read More
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Today shares of Coinbase began to trade after the company executed a direct listing. From a reference price of $250, Coinbase shares opened at $381 today, a change of around 52%. At its open Coinbase was valued at $99.6 billion on a fully diluted basis. As of the time of writing Coinbase has apprec...Read full newsRead More
We created the VRIFY School of Mining Promotion video in an effort to make light of the mining promoter one-liners we've all grown much too familiar with. Si...Read full newsRead More
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Lundin Gold Inc. (TSX: LUG) (Nasdaq Stockholm: LUG) (Read full newsRead More