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

June 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 Cobalt standard grade, in-whs Rotterdam, $/lb at 22.20-23.00...Read More

The Northern Miner Podcast - episode 245: China has 'stronghold' on battery supply chain, ft Nickel 28 Capital's Anthony Milewski

June 29, 2021 / www.northernminer.com

This week's episode features Nickel 28 Capital chairman Anthony Milewski in conversation with Northern Miner Podcast host Adrian Pocobelli at the Global Mining Symposium. Anthony describes in detail how China has created a seemingly insurmountable lead in dominating the battery supply chain for "years to come." He also discusses the fundamentals of nickel, lithium and cobalt, as well as the supply...Read More

Equinox Gold begins mining at Santa Luz

June 29, 2021 / www.northernminer.com

Equinox Gold (TSX: EQX, NYSE: EQX) announced today that mining activities are underway at its new Santa Luz gold mine in Brazil.According to the company, construction remains on track to commence commissioning in the fourth quarter of this year and pour gold in the first quarter of next year, with the expectation of producing 110,000 ounces of gold annually for the first five years of operations.M...Read More

Aluminium premia spike on planned Russian export tax

June 29, 2021 / www.northernminer.com

Russia has proposed introducing an export duty on aluminum as part of new measures to curb creeping inflation, sending regional premia in crucial European markets soaring, a new analysis by Bank of America (BofA) shows.The proposed measures will affect steel, copper, nickel and aluminum from August 1 until the end of December. The measures are expected to also compensate the state budget for incr...Read More

Fortuna Silver shareholders back acquisition of Roxgold

June 29, 2021 / www.northernminer.com

Shareholders of both Fortuna Silver Mines (TSX: FVI; NYSE: FSM) and Roxgold (TSX: ROXG) have approved the business combination of the companies in an all-share deal valued at about $1 billion (US$884.3 million)The deal, first announced on April 26, will see current Fortuna and former Roxgold shareholders owning about 63.6% and 36.4% of the outstanding Fortuna shares, respectively.Vancouver-...Read More

Green Lithium gets five times the funds needed to develop UK's first commercial lithium refinery

June 29, 2021 / www.northernminer.com

A project to build the United Kingdom's first large-scale commercial lithium refinery has received ?1.6 million in seed round funding, closing at more than five times the initial target amount requested by Green Lithium, the company behind the initiative.The cash injection adds up to the ?600,000 the firm had already received from the U.K. government's Automotive Transformation Fund back in Apri...Read More

CHINA STEEL SCRAP: Demand muted on mill production cuts

June 30, 2021 / www.metalbulletin.com

Demand for both domestic and imported scrap was weak on Tuesday June 29 with many Chinese steelmakers making production cuts for environmental reasons, sources have told Fastmarkets.Steelmakers in Tangshan, China's northern region steel hub, have been instructed to lower their production rates this week to help to improve air quality ahead of the July 1 centennial celebration of the Chinese Commun...Read More

Why did Nordgold really pull its London IPO?

June 29, 2021 / bit.ly

Blaming a slight dip in the gold price doesn't quite stack upRead full newsRead More

"Some of the greenest copper in the world": Glencore, Falco push ahead with Horne 5 in Quebec

June 29, 2021 / bit.ly

Announce agreement in principleRead full newsRead More

3 Investor-Favourite TSX Stocks Lose Big in 2021: Should You Buy?

June 30, 2021 / www.fool.ca

We are halfway through 2021, and Canadian markets seem in great shape to soar higher. Amid the valuation concerns and uncertain recovery from the pandemic, TSX stocks have been making fresh highs for the last few months. However, some of the names have been significantly lagging the markets. Here are three top losers so far in 2021.CargojetThe air cargo stock Cargojet (TSX:CJT) was among the top p...Read More

3 Dirt-Cheap TSX Stocks to Buy in July

June 30, 2021 / www.fool.ca

As the first half of 2021 comes to an end, investors should be happy with the ongoing rally in the equity markets. The S&P/TSX 60 Composite Index is up 17% year to date, outpacing the S&P 500, which has returned 14.4% in 2021. Fortunately, there are still a few discount buys on the TSX for investors looking for a bargain. We’ll look at three dirt-cheap TSX stocks that are attractive...Read More

Barrick Gold: Should You Buy This Stock Now?

June 30, 2021 / www.fool.ca

Barrick Gold (TSX:ABX)(NYSE:GOLD) is down significantly from the 2020 highs. The weak performance has investors wondering if the selloff has gone too far or if more downside is on the way.Gold price outlookThe price of gold is impacted by a number of factors, and it is difficult to know when traders will pile in to drive the price higher or hit the sell button and move cash to other opportunities....Read More

Half-Time Report: 3 Top-Gainer TSX Stocks of 2021

June 30, 2021 / www.fool.ca

Canadian markets are up almost 17% so far this year, outperforming the S&P 500. Experts anticipated a market crash amid the thorny path of the pandemic. However, whether inflation fears or fresh variants of coronavirus, markets defied all challenges and kept climbing higher. Here are some of the top-gainer TSX stocks so far this year.EnerplusThe energy sector substantially overshadowed broader...Read More

Making the Dollar Digital Won't Save It

June 25, 2021 / www.outsiderclub.com

Cryptocurrencies may not be perfect, but don't let anyone tell you they're not viable.If they weren't, central banks, governments, and Wall Street insiders wouldn't be panicking.And they are panicking.In May, the Chinese government issued a public warning about trading and mining crypto. And earlier this month, Beijing started sprawling efforts to shut down cryptomining operations just hours after...Read More

IN CASE YOU MISSED IT: 5 key stories from June 30

July 01, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday June 30 that are worth another look.BHP announced in 2018 that the depletion of its 80-million-tonnes-per-year Yandi mine in its Western Australia iron ore operations would begin from the second half of 2021. Fastmarkets explores how the low-grade fines landscape...Read More

LIVE FUTURES REPORT 30/06: Copper tumbles 8.5%, aluminium up during June

July 01, 2021 / www.metalbulletin.com

Copper's three-month price has shown the biggest fall during June among base metals on the London Metal Exchange, rocked by Chinese announcements and rising inventories, while the prices of other base metals such as aluminium and tin were higher than on June 1.Copper's price was $9,374.50 per tonne on Wednesday June 30 at the close of trading, falling from $10,245 per tonne on June 1.Among the fac...Read More

GLOBAL TIN WRAP: Freight, trucking costs take US and Europe tin premiums to new peaks

July 01, 2021 / www.metalbulletin.com

Premiums for tin ingots in Europe and the United States continued their rise to new highs in the fortnight to June 29, with freight and trucking costs and delays still the main issue pressuring premiums upward, sources told Fastmarkets. Premiums in Asia were stable, with the high London Metal Exchange price diverting participants away from the spot market.  China's Yunnan Tin, the world's lar...Read More

Swedish fund launches ESG-linked gold ETF

June 30, 2021 / www.mining-journal.com

The AuAg ESG Gold Mining UCITS ETF will be listed on the LSE under the ticker ESGO and will track the Solactive AuAg ESG Gold Mining Index, which according to the release "ranks gold miners for ESGRead More

Australian potash hopefuls race the clock

June 30, 2021 / www.mining-journal.com

At least seven small Australian potash hopefuls hope to be producing before BHP makes an irrevocable commitment to its giant Jansen mine in Canada and Anglo American does the same at its WoodsmithRead More

NEWSBREAK: Antofagasta signs H1 2022 copper TC/RC contracts with Chinese smelters at mid-$50s

July 01, 2021 / www.metalbulletin.com

Antofagasta has agreed to supply four major Chinese smelters with copper concentrates in the first half of 2022, with a treatment charge in the mid-$50s, Fastmarkets understands.The Chilean copper miner and representatives from China Copper, Jiangxi Copper, Tongling Nonferrous and Jinchuan Group held meetings for three days since Monday, sources said, with an agreement finally reached on the eveni...Read More

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