Canadian producer Taseko Mines has received a key environmental permit for its Florence copper project in the US state of Arizona.The Arizona Department of Environmental Quality granted Taseko's Florence copper project the aquifer protection permit, the company said on Tuesday December 8."The US Environmental Protection Agency continues to advance their permitting process, and our expectation is t...Read More

(IDEX Online) - The American Gem Society (AGS) has postponed its 2021 Conclave, an annual education, social and networking event for jewelry traders, after cancelling the 2020 event.It now hopes to host a Conclave in the fall, instead of the event that had been planned for 26-28 April 2021 in Louisville, Kentucky, USA.The AGS has been holding Conclaves at venues around the USA since 1937."This was...Read More

(IDEX Online) - The lab-grown company that boasts Leonardo di Caprio among its high-profile investors has opened a sales and distribution hub in Dubai.Diamond Foundry, was launched as a startup in 2012 by entrepreneurs Martin Roscheisen and Jeremy Scholz in San Francisco, with backing from 10 billionaires, as well as the American actor, producer and environmentalist. It uses solar technology to cr...Read More

(IDEX Online) - Angola's alluvial Lulo project has delivered yet another +100-carat diamond, its 16th since commercial operations began there five years ago.The 127-carat gem-quality white stone is the first to be recovered from the leziria -  flood plain -  in a  particular mining block within the 3,000km2 concession in the country's Lunda Norte diamond heartland, said Au...Read More

Tin, zinc and nickel all set new 2020 highs during trading on Wednesday December 9, while aluminium increased above 2% on a positive day for metals across the London Metal Exchange base metals complex.Tin stood at $19,442 per tonne at the close on Wednesday, a 1.4% increase from $19,175 per tonne at 5pm on Tuesday.Tin's three-month price rose substantially over the day, reaching $19,510 per tonne...Read More

Key information from the pricing session for Fastmarkets' alumina index, fob Australia on Wednesday December 9.Fastmarkets' alumina index, fob Australia is at its highest level since March 18, 2020, up 30% from the year-to-date low of $224.48 per tonne on April 15. Key drivers Two new deals concluded late on December 8. The first deal concluded at $295.50 per tonne fob Australia for 30,000 tonnes...Read More

A reminder of Fastmarkets base metals pricing and coverage during the Christmas period. Fastmarkets base metals price assessments are published in accordance with the London Metal Exchange holiday calendar, which reflects holidays in England and Wales. This means base metals prices will be assessed on every LME business day, including between Christmas and New Year, but are not published or rolled...Read More

A summary of the financial results for Egypt's biggest steelmaking group, Ezz Steel, for the period from January 1 to September 30, 2020.In briefNet sales were down because of globally weak demand due to the Covid-19 pandemic, Ezz Steel said on Tuesday December 8.The effects of the pandemic included "a significant drop in construction activity, contributing to this decrease [in sales]," it added.E...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 2050SPONSOREDoceanagoldA 200 parts per million copper anomaly extends over an area of about 600m-by-500m. About half of the Mercedes target...Read More

Look beyond market approach to project valuations: van ZylLeadershipGenesis 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 limitedCodelco raised $500 million in New York via the issue of a 31-year bond at a 3.Read More

Steel billet exporters from the Commonwealth of Independent States (CIS) have continued to increase their offer prices, despite trading being limited by the difference between mills' offers and buyers' bids, sources told Fastmarkets on Wednesday December 9.Offers of steel billet for February shipment from some Russian and Ukrainian mills were heard within the range of $530-540 per tonne fob on Wed...Read More

Iran's export prices for steel billet and slab continued their uptrends in the week to Wednesday December 9, boosted by global price rises for steel products and raw material costs. Both prices have hit their highest point since July 2018, having risen sharply in recent weeks. Fastmarkets' weekly price assessment for steel billet, export, fob ports Iran was $490-500 per tonne on December 9, r...Read More

AVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsThat's the assessment of capital market firm Argonaut Securities, with executive chairman Eddie Rigg pointing out at the New World Metals conference in Perth today the strong correlation betweenRead More

Steel wire rod prices in the south of Europe moved up again in the week to Wednesday December 8, driven by tight availability of material and increasing feedstock costs, sources have told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Southern Europe, was ?,?520-530 ($630-642) per tonne on Wednesday, up by ?,?10 per tonne from ?,?510-520 per...Read More

The domestic price in Northern Europe for steel wire rod increased again over the week to Wednesday December 9, supported by short supply, good demand and a jump in feedstock costs, sources told Fastmarkets.Fastmarkets' weekly price assessment for steel wire rod (mesh-quality), domestic, delivered Northern Europe, rose to ?,?550-570 ($666-690) per tonne on Wednesday, up by ?,?10-20 per tonne from...Read More

The base metals remain upbeat this morning, Wednesday December 9, with all the metals on the London Metal Exchange in positive territory on hopes that a US stimulus package may be on the way.The potential headwinds – political tensions between the United States and China, a no-deal Brexit and the continuing out of control spread of the virus, are for now taking a backseat.* China’s consu...Read More

Fastenal (FAST), a NASDAQ 100 stock moved above $49.18 to an all-time high extending an intermediate uptrend. TSX Energy iShares (XEG) moved above $6.10 resuming an intermediate uptrend.  Pre-opening Comments for Wednesday December 9thU.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US7...Read More

Ferrous scrap exports from the United States shot up by 26.6% month on month in October amid a surge in shipments to Turkey, Bangladesh and Mexico.US exports of ferrous scrap totaled 1.49 million tonnes in October, up from just shy of 1.18 million tonnes in September and 1.87 million tonnes August.Shipments to Turkey, the top buyer of US ferrous scrap, rose by 93.1% to 365,237 tonnes from 189...Read More

The United States' ferrous scrap export market remains robust, with East Coast recyclers again raising prices in a bid to attract scrap while they compete with domestic mills for raw material.After a series of modest $5- and $10-per-gross-ton increases in recent weeks, No1 heavy melt prices jumped by $15 to $20 per ton at East Coast exporters over the past week.Exporters had been trying to ke...Read More

Turkish steel mills continued to book deep-sea scrap cargoes for February shipment at increasing prices, which are being driven up by improving steel and billet values, sources said on Wednesday December 9.A steel mill in the Marmara region booked a European cargo, comprising 15,000 tonnes of HMS 1&2 (75:25) and 15,000 tonnes of a mixture of bonus, busheling and plate & structural (P&S) at an...Read More