(IDEX Online) - India's gem and jewelry exports rebounded last month, approaching pre-Covid levels for the first time since the pandemic hit.Manufacturing is almost back to normal and after a series of voluntary embargoes, rough imports rose in October by almost 70 per cent.Foreign sales for November were within four per cent of the same month in 2019, signaling a sharp upturn in demand. ...Read More

European distributors of flat steel products have reported a 3.3% year-on-year rise in shipment volumes during October 2020, regional steel industry association Eurometal said on Tuesday December 8.Over the first 10 months of 2020, however, flat steel distributors' shipments dropped by 14.0% year-on-year.Eurometal did not disclose individual product volumes.Fastmarkets calculated its daily steel h...Read More

The export price for steel slab from the Commonwealth of Independent States (CIS) surged during the week to Monday December 7 on new sales and a strong hot-rolled coil market, sources said.Fastmarkets' weekly price assessment for steel slab, export, fob Black Sea, CIS was $570-580 per tonne on December 7, up by $45 per tonnefrom $525-535 per tonne a week earlier.CIS suppliers increased s...Read More

(IDEX Online) - Canada's Dominion Diamond Mines has agreed to sell its Ekati mine to investment managers following the collapse of a rescue deal in October.The troubled miner filed for insolvency in April and had been seeking a buyer since then for the deposit in Northwest Territories.It's being acquired by DDJ Capital Management and Brigade Capital Management, representing holders of Do...Read More

The price of steel billet from the Commonwealth of Independent States (CIS) exported via the Black Sea increased sharply this week on a deal heard to Peru, with offers rising amid a shortage of supply, Fastmarkets heard on Tuesday December 8.The booking to Peru was heard at $520 per tonne fob Black Sea and was understood to have been concluded on December 7 for a volume of 10,000 tonnes, although...Read More

Steel billet and rebar prices in the United Arab Emirates increased this week while demand was strong, sources said on Tuesday December 8.Domestic rebarThe country's steel producers were offering rebar at 1,985 dirhams ($540) per tonne ex-works for orders to be produced in December before closing their order books and should announce new prices soon, sources said.Market participants in the UA...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 2050SPONSOREDoceanagoldNova Resources, the buyout vehicle backed by KAZ chairman Oleg Novachuk and non-executive director Vladimir Kim, has...Read More

Flat steel import prices in the United Arab Emirates (UAE) and Saudi Arabia have gone up over the past week because of globally strong demand, sources said on December 8.The UAE was on national holidays on December 1-3, so buyers had only recently returned to the market.But demand within the country was moderate because recent price increases had been too sharp for buyers to accept, and they wante...Read More

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The first hole at the Cacharposa target hit promising visual mineralisation back in October. Final assays have now been received, with the hole returning 899.3m at 0.53% copper equivalent (0.Read More

The export market for long steel products from the Commonwealth of Independent States (CIS) went up again during the week to Monday December 7 amid strong billet prices and higher offers, sources told Fastmarkets.Thus, Fastmarkets' weekly price assessment for steel wire rod (mesh quality), export, fob Black Sea, CIS was $600-620 per tonne on Monday, up by $20 per tonne from $580-600 per...Read More

The Turkish steel producers largely slowed down their deep-sea booking activity after the latest spike in the prices, sources said on Tuesday December 8.A steel mill in the Marmara region was heard booking a Baltic Sea cargo at $370 per tonne cfr for 14,000 tonnes of HMS 1&2 (80:20).But the supplier was not a traditional one and several market participants believed that the cargo would not be repr...Read More

The base metals remain upbeat this morning, Tuesday December 8, and the underlying story remains the same, infrastructure spending, economic recovery, a mass of liquidity and the potential for more US stimulus.Although there are some potential headwinds – political tensions between the United States and China, a no-deal Brexit and a correction in equity prices as harder lockdowns are forced o...Read More

There is no short-term fix for the container shortage that has sent freight cost to record highs, nor is there a need for regulatory authorities to put a lid on freight rates, Lars Jensen, chief executive officer of SeaIntelligence Consulting, said in an interview with Fastmarkets. "We are now seeing the consequences of carrier cancellations several months ago that led to a shortage of empty conta...Read More

Iron ore prices increased on Tuesday December 8 on support from bullish swaps prices, sources told Fastmarkets. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $148.35 per tonne, up $1.42 per tonne62% Fe low-alumina fines, cfr Qingdao: $148.17 per tonne, up $1.17 per tonne58% Fe fines high-grade premium, cfr Qingdao: $135.01 per tonne, up $0.90 per tonne65% Fe Brazil-origin fines, cfr Qing...Read More

Seaborne coking coal prices across the board were flat day on day on Tuesday December 8 due to a lack of transactions, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $103.08 per tonne, up $0.01 per tonnePremium hard coking coal, cfr Jingtang: $169.52 per tonne, unchangedHard coking coal, fob DBCT: $92.68 per tonne, unchangedHard coking coal, cfr Jingtang: $154.11 per tonne, un...Read More

Home Depot (HD), a Dow Jones Industrial Average stock moved below $260.61 completing a Head & Shoulders pattern.Pre-opening Comments for Tuesday December 8thU.S. equity index futures were lower this morning. S&P 500 futures were down 13 points in pre-opening trade.Index futures were virtually unchanged following release of the second estimate for third quarter U.S. Non-farm Productivity at...Read More

The base metals remain upbeat this morning, Tuesday December 8, and the underlying story remains the same, infrastructure spending, economic recovery, a mass of liquidity and the potential for more US stimulus.Although there are some potential headwinds - political tensions between the United States and China, a no-deal Brexit and a correction in equity prices as harder lockdowns are forced on pop...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...Read More

December 8, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce the initial drill results from its fall/winter exploration program on the Langis Mine Project located in the Cobalt Camp of Ontario. The Company has received assays for the first 17 holes totaling 1624m of NQ size core. Approximately 6,000m of the 20,000m planned fall/winter drilling campa...Read More