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Iron ore concentrate, pellet prices down amid weak demand under emissions restrictions

March 30, 2021 / www.metalbulletin.com

Prices for seaborne iron ore concentrate and pellet decreased in the week ended Friday March 26 amid weak demand due to China's ongoing emissions restrictions, market sources told Fastmarkets. Fastmarkets iron ore indices65% Fe blast furnace pellet, cfr Qingdao: $220.84 per tonne, down $10.24 per tonne.66% Fe concentrate, cfr Qingdao: $188.13 per tonne, down $4.05 per tonne.Key driversSeaborne pri...Read More

Suez Canal jam adds further delays to minor metals ex-China shipments

March 30, 2021 / www.metalbulletin.com

The recent "traffic jam" in the Suez Canal has added to the shipment delays affecting some minor metals whose markets are highly dependent on supplies out of China, and has already sent some prices to multi-year highs.Transit through the pivotal Suez Canal shipping lane has been blocked by the large containership Ever Given since late on March 23, creating a traffic jam involving more than 100 ves...Read More

First Cobalt signs five-year cobalt sulfate deal with Stratton

March 30, 2021 / www.metalbulletin.com

First Cobalt has entered a five-year offtake agreement for Stratton Metals Resources to market cobalt sulfate from its refinery in Ontario, Canada, it said on Monday March 29. The "flexible long-term" deal will permit First Cobalt to also sign offtake agreements with automotive original equipment manufacturers (OEMs), which could reduce the volumes sold to Stratton, according to the press release....Read More

EUROPE ANTIMONY SNAPSHOT: Prices drop amid limited demand; divergent views on outlook

March 30, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in London on Friday March 26.Key drivers: Antimony edged down this week for the first time since July 2020. Some market participants reported significantly lower offers for prompt availability in Europe with some traders destocking material for profit-taking. This was in line with falling prices in China too. The picture is mixed, however, with offers and...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

March 30, 2021 / www.metalbulletin.com

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...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

March 30, 2021 / www.metalbulletin.com

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...Read More

Ambatovy to restart production of cobalt briquettes 'imminently'

March 30, 2021 / www.metalbulletin.com

Ambatovy will soon resume cobalt production following the restart of its nickel operations and after a year's absence, a spokesperson for the joint venture in Madagascar told Fastmarkets on Monday March 29. The company announced the restart of its nickel production on networking website LinkedIn on Friday. "After a shutdown of approximately one year due to health and safety considerations rel...Read More

CHINA SILICON SNAPSHOT: Export price narrows downward amid thin activity

March 30, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in China on Friday March 26.Key drivers Chinese silicon exporters lowered their offers in line with the softer prices in the domestic market after leading producers cut their offers; deals and...Read More

Europe FeSi suppliers target ?,?1,600 per tonne near term

March 30, 2021 / www.metalbulletin.com

In Europe, ferro-silicon suppliers will be targeting ?,?1,600 per tonne in the next few weeks after the market hit ?,?1,550 ($1,828) per tonne on Friday March 26 for the first time since April 2018 in a recent resumption of a longer-term uptrend since last August when prices were as low as ?,?860 per tonne, sources said.Producers are almost all sold out for deliveries between April and June and ar...Read More

Great Bear doubles vertical span of LP fault at Dixie

March 29, 2021 / www.northernminer.com

Red Lake-focused Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has released assay results for three step-down drillholes completed over 500 metres of strike at its flagship Dixie project in Ontario that hit the gold-bearing LP fault at vertical depths between 700 and 820 metres. These results double the drilled vertical extent of this fault, which extends from surface.The drill highlights includ...Read More

First Cobalt secures five-year cobalt sulphate offtake contract

March 29, 2021 / www.northernminer.com

As First Cobalt (TSXV: FCC; US-OTC: FTSSF) readies for a restart of its Ontario refinery next year, the company has announced a five-year offtake agreement with London-based metals trader Stratton Metals for the sale of cobalt sulphate from the Temiskaming Shores hydrometallurgical facility.The contract allows First Cobalt to sell up to 100% of the cobalt sulphate generated in a year to Stratton -...Read More

Canada needs to work toward gaining leadership in the EV revolution, Roskill report states

March 29, 2021 / www.northernminer.com

Canada "has great potential" to become a leader in the global lithium-ion battery market, according to a new analysis by Roskill. The research firm published the insight following the announcement by Lion Electric, a manufacturer of all-electric trucks and buses, of the construction of a $185 million battery manufacturing plant and innovation center in Quebec.The project is expected to receive a...Read More

Nornickel stops water inflow at two Arctic mines

March 29, 2021 / www.northernminer.com

Russia's Nornickel (MCX: GMKN), the world's largest palladium miner and a significant nickel producer, said on Monday it had stopped water flowing into two Siberian Arctic mines, adding that both were on track to fully resume production in the coming months.Nornickel partially suspended output at the Oktyabrsky mine and the interconnected Taymirskiy operation on February 24 after subterranean wa...Read More

Green steel feasible, but expensive

March 29, 2021 / www.mining-journal.com

Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningReferences to "green steel" seem to pop up daily, not that many people using the term really under...Read More

Will $4B takeover cross the line? Nova makes final offer for Kaz

March 29, 2021 / bit.ly

Final offer looks to be turning the tide, with minority RWC on boardRead full newsRead More

Search on for 11 trapped miners in Colombia

March 29, 2021 / bit.ly

Trapped in flooded gold mineRead full newsRead More

Canada Silver Cobalt Works $CCW is set to Webcast Live at

March 29, 2021 / VirtualInvestorConferences.com

The Investor Relations website contains information about Virtual Investor Conferences's business for stockholders, potential investors, and financial analysts.Read full newsRead More

Find out which #mining stocks rose the most on the #TSX last week. $FT $FSY $LN $CJ $DNG #investing

March 29, 2021 / bit.ly

Last week's top-gaining stocks on the TSX were Fortune Minerals, Forsys Metals, Loncor Resources, Cardinal Resources and Dynacor Gold. Read full newsRead More

Time to Buy Gold Stocks?

March 30, 2021 / www.fool.ca

Gold prices have dropped from their all-time highs set last summer when they passed the US$2000 per ounce level. As of the time of writing, the yellow metal has dropped below US$1700 per ounce. Does this mean that it’s time for investors to buy gold stocks, or should investors turn their investments elsewhere for growth?What’s happening with gold prices and why it mattersGold has used...Read More

Got $1,000? The 4 Best Undervalued TSX Stocks to Buy Right Now

March 30, 2021 / www.fool.ca

The stock market could remain volatile in the short-term amid rising COVID-19 cases across the world. However, widespread vaccine distribution and an expected recovery in corporate earnings are likely to fuel growth in stocks trading at attractive discounts to their peers. So, if you have $1,000 to invest, here are the four best undervalued TSX stocks that could deliver higher returns in the mediu...Read More

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