China's domestic rebar prices increased on Monday December 7 on futures gains and returning end-user demand but stockists' demand remained weak. DomesticEastern China (Shanghai): 4,000-4,040 yuan ($612-618) per tonne, up by 30-40 yuan per tonneThe most-traded rebar futures contract changed to May from January on Monday and rose sharply amid active trading.The trading volume was 10.93 million tonne...Read More

Base metals prices were mixed on the morning of Monday December 7 on the London Metal Exchange, with copper and aluminium down by more than 1% on their Friday closing prices but lead and tin eking out gains. The three-month aluminium price was the biggest faller, down by 1.4% at $2,014.50 per tonne as of 09:10 London time from the pre-weekend close of $2,044 per tonne. It has given up all of the p...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

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 latest data for the global manganese ore market for the week ended December 7, 2020.This article was updated...Read More

The global economy looks stronger again - Chinese exports were up by 21.1% in November year on year - but the base metals were mixed on Monday December 7, having been exceptionally strong recently , so perhaps the market realizes a lot of the good news is baked in already.Chinese trade balance climbed to $75.4 billion in November from $58.4 billion in October Japan's leading indicators climbed to...Read More

Key data from the Friday December 4 pricing session in Shanghai.Key drivers Chinese manganese flake exporters raised offer prices amid higher domestic prices with deals reported within the assessed price range. Domestic producers put prices up to around 10,900 yuan ($1,663) per tonne from 10,700...Read More

Key data from Fastmarkets' pricing session in China on Friday December 4.Key drivers China's silicon export price continued to rise with higher offer prices from exporters and deals reported within the assessed price range. Sources were not very active in making offer prices given that they could not obtain...Read More

Key data from the Friday December 4 pricing session in London and Shanghai.Key drivers Both the cobalt hydroxide payables and fixed-price index are underpinned despite a slower market, with consumers still finding tight spot availability and suppliers content to hold...Read More

Seaborne prices for both low- and high-grade manganese ore in China registered their first gains since October in the week to Friday December 4, against a backdrop of strengthening portside ore and alloy markets, sources told Fastmarkets. Fastmarkets' manganese ore index 37% Mn, cif Tianjin rose by 6 cents (1.6%) week on week to $3.77 per dry metric tonne unit (dmtu) on Friday from $3.71 per dmtu...Read More

Vanadium alloy products prices in China continued to trend upward in the week to Thursday December 3, after suppliers lifted their offers further in response to a wave of stockpiling activity among domestic mills, market sources told Fastmarkets.Stockpiling activity among mills supports alloy pricesChinese vanadium alloy producers generally raised their offer prices after a large number of domesti...Read More

Traders are still taking long positions in the Singapore rebar import market due to expectations of near-term price increases, market sources told Fastmarkets.A transaction was recently concluded at $525-527 per tonne cfr Singapore on a theoretical weight basis for Middle Eastern rebar by a trader who plans to resell the cargo later to end users in Singapore, sources said.Fastmarkets' weekly price...Read More

Genesis opens new chapter at UlyssesSPONSOREDgenesis minerals'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningPantoro bullish on bigger production profileSPONSOREDpantoro limitedOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldAfter decades of mimicking each other with an almost equal mix of assets, a choice appears to be emerging for invest...Read More

Osisko Metals (TSXV: OM; US-OTC: OMZNF) has released drill results from its 100%-owned Pine Point lead-zinc project in the Northwest Territories, about 60 km east of Hay River. Highlights from the company's 15-hole drill program on the Central zone completed this fall included drill hole OM100-20-001, which intersected 8.6 metres grading 11.45% zinc and 3.57% lead starting from 51.8 metres. Th...Read More

The sudden removal of a popular president amidst the coronavirus pandemic plunged Peru into chaos last month.On Nov. 9, Peru's single-chamber Congress voted to impeach President Mart?-n Vizcarra amid allegations that, while a provincial governor, he had received a payment of 5 million Peruvian Sols (US$1.4 million) from a company awarded the contract to build a public hospital in the southern city...Read More

Developer Foran Mining (TSXV: FOM) has tabled an initial resource estimate for its wholly owned Bigstone deposit on the 161-sq.-km Bigstone property, 25 km to the west of its flagship McIlvenna Bay zinc-copper deposit in east-central Saskatchewan.The underground shape-constrained resource features 2 million indicated tonnes grading 1.88% copper, 0.92% zinc, 0.25 gram gold per tonne and 9.5 grams s...Read More

Northern Vertex Mining (TSXV: NEE; US-OTC: NHVCF) and Eclipse Gold Mining (TSXV: EGLD; US-OTC: EGLPF) have entered into a definitive arrangement agreement for an at-market merger to create a gold producer focused on the western United States. With Northern Vertex as the resulting company, the new entity would hold the Moss heap leach mine in Arizona (through Northern Vertex) as well as the Hercule...Read More

OceanaGold (TSX: OGC; ASX: OGC) closed 32% higher on the Australian Stock Exchange on Dec. 7 after announcing that the Philippine government is moving forward to finalize a long-delayed renewal of an agreement governing the company's Didipio gold-copper underground mine.Philippines President Rodrigo Duterte has instructed the nation's Department of Environment and Natural Resources to work with Oc...Read More

Shares in Australian nickel-gold miner IGO Ltd (ASX: IGO) came to a trading halt today following several reports that the company was in advanced talks to acquire part of Tianqi Lithium's 51% stake in Greenbushes, the world's biggest hard-rock lithium mine.IGO is planning to raise about $800 million to fund the A$2 billion-purchase (US$1.5 billion) of up to a 25% stake in the Western Australia li...Read More

As we near the end of 2020, the Northern Miner has compiled its list of the top ten most-clicked stories on our website. The stories are ranked in descending order and appeared between Jan. 1 and Dec. 1.1. Northern Dynasty's Pebble project approved after 15-year fightBy Cecilia Jamasmie of MINING.com (July 24, 2020)Northern Dynasty Minerals has cleared the last environmental hurdle for its propose...Read More