Prices for seaborne iron ore concentrate and pellet strengthened further in the week ended Friday April 9 due to solid demand for high-grade products amid measures to control emissions in China, sources told Fastmarkets.Fastmarkets iron ore indices65% Fe blast furnace pellet, cfr Qingdao: $228.98 per tonne, up $7.14 per tonne.66% Fe concentrate, cfr Qingdao: $200.06 per tonne, up $2.16 per tonne.K...Read More

Australia's Port of Port Hedland shipped 24.5% more iron ore in March than a month earlier, according to data from the Pilbara Ports Authority (PPA) released on Monday April 12.The port exported 46.7 million tonnes of iron ore last month, compared with 37.5 million tonnes in February.Volumes shipped in March were largely flat with that shipped in the...Read More

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationRio has sole-funded more than $25 million of work on the project under a 2015 farm-in agreement with Antipa Minerals and has increased its stake from 51% to 65%.Read More

Luo Tiejun, the vice president of the China Iron & Steel Association (Cisa) said the country will take measures to push down steel production in 2021 and raise imports.Luo, who spoke at the Regional Comprehensive Economic Partnership's (RCEP's) Steel Development Forum on Friday April 9, emphasized five major points, according to a report on Cisa's website.Lower crude steel outputCisa is of the opi...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were weaker this morning, Monday April 12, while markets contend with cross winds.* United States treasury 10-year yields have pulled back from recent highs* Federal Reserve Chairman Jerome Powell said US economy at an “inflection point” with growth and hiring set to accelerate* Markets wary of US earnings seas...Read More

China's hot-rolled coil prices tumbled on Monday April 12 amid a government call for stable commodity prices, but exporters raised their offers after a rise in trading activity last week.DomesticEastern China (Shanghai): 5,350-5,390 yuan ($817-823) per tonne, down 100-110 yuan per tonneSellers in the spot market had to lower their offers after sentiment was dampened by slumping futures.Several dom...Read More

India ETF (PIN) moved below $23.36 and $23.84 setting an intermediate downtrend.Vietnam ETF (VNM) moved above $18.75 extending an intermediate uptrend.US Bancorp (USB), an S&P 100 stock moved above $57.61 to an all-time high extending an intermediate uptrend.Bausch Health (BHC), a TSX 60 stock moved below Cdn$37.83 completing a Head & Shoulders pattern.TCOM (TCOM), a NASDAQ 100 stock moved...Read More

Key data from the pricing session in London on Friday April 9. Key drivers Buyers have started to resist numbers above $3,100 per tonne while shipment offers from China kept falling and end-user demand has started to slow.Still, tight prompt availability in Europe and continuing shipping delays from China are supporting prices above...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.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...Read More

The pace of decline in the Chinese cobalt sulfate market eased on Friday April 9 after aggressive offers for scrap-fed material started to disappear. Lower offers for cobalt sulfate produced from scrap has put downward pressure on the whole market since the second half of March. They prompted most sellers to continue lowering offers for sulfate produced from hydroxide (regular-fed material) t...Read More

There is a whiff of unease in the air. Beneath the cheery veneer of free money for almost everyone, growing inequality and polarization are rapidly consuming what’s left of common ground in America.Though there are many systemic differences between China and the U.S., humans in every nation are all still running Wetware 1.0.So it is instructive to consider what can be learned from China̵...Read More

After a multi-month correction in gold, fear and frustration are apparent among gold investors. But today, I'd like to present a case for sticking with gold. Here it is in a nutshell:As long as politicians spend wildly and the Fed keeps monetary policy loose, the case for gold will remain compelling. And both are likely to continue for a long time.It also has to do with supply. The amount of gold...Read More

Chinese battery maker Contemporary Amperex Technology's (CATL) indirectly controlled subsidiary Ningbo Brunp Times New Energy will acquire a 25% share of China Molybdenum Co's (CMOC) KFM Holding Ltd to develop Kisanfu copper-cobalt project together, CATL said on Sunday April 11. CMOC Ltd, a wholly-owned subsidiary of CMOC, signed a strategic co-operation agreement with Ningbo Brunp Times New Energ...Read More

Seaborne low and high-grade manganese ore prices continued to fall in the week to Friday April 9 while market activity was light and sentiment continued to drop concurrent with pricing expectations among participants from both sell and buy sides failing to approach portside prices levels.Fastmarkets' manganese ore index, 37% Mn, cif Tianjin was calculated at $4.49 per dmtu on Friday April 9, down...Read More

Giyani Metals Corp. (TSXV: EMM) has updated a preliminary economic assessment (PEA) based on a larger inferred resource estimate for the company's flagship Kgwakgwe Hill (K.Hill) manganese project in southeastern Botswana, about 60 km southwest of the capital Gaborone.The K.Hill project is a near-surface deposit that Giyani hopes can produce high purity manganese for battery use in the electric ve...Read More

After closing a $61 million bought deal on April 9 (upsized from $55 million), B.C.-focused gold-silver developer Ascot Resources (TSX: AOT) has announced a $20.6 million private placement financing by miner Yamana Gold (TSX: YRI, NYSE: AUY; LSE: AUY).Ascot has entered into an agreement with Stifel GMP, with Stifel purchasing, on a bought deal basis, 24 million Ascot shares at 86 ? each. An underw...Read More

Scottie Resources (TSXV: SCOT) has entered into a letter of intent with AUX Resources (TSXV: AUX; US-OTC: AUXRF) proposing a merger of the two companies that would consolidate the two companies gold-silver holdings in the Stewart mining camp in B.C.'s Golden Triangle into a total of 522 sq. km.Scottie's acquisition of AUX would expand its Cambria project, which is adjacent to Ascot Resources' (TSX...Read More

NextSource Materials (TSX: NEXT; US-OTC: NSRCF) - which is developing its large flake graphite project in Madagascar and is backed by Sir Mick Davis' Vision Blue Resources - is teaming up with a prominent Japanese trading company and its Chinese partner, which owns and operates graphite anode processing facilities in China, to build a battery anode plant that it says should be ready for commission...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