The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets...Read More
The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets...Read More
Key data from Fastmarkets' pricing session in Shanghai on Wednesday July 22. Key driversPrice of antimony in China's domestic market climbed after high offers translated into deals. Domestic suppliers maintained firm offer prices amid growing buying interest and persisting difficulty...Read More
The Ramu NiCo mine, which produced at record levels in the first quarter of the year, appears to be operating normally despite a 7.0 earthquake that hit Papua New Guinea on Friday July 17.Neither the mine's operator, Metallurgical Corp of China ("MCC"), in Beijing, nor Ramu NiCo's minor stakeholder, Conic Metals Corp, in Toronto, responded to Fastmarkets' multiple requests for updates on the nicke...Read More
China's domestic stainless steel prices increased slightly over the past week on rising demand from manufacturers, but a slower recovery elsewhere saw sellers from China and East Asia dropping their export offers to encourage buying activity. DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 13,500-14,000 yuan ($1,926-1,998) per tonne, narrowing up by 100 yuan per tonne...Read More
Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesNew Energy Minerals and PepinNini Minerals are examples of junior mining companies coming unstuck after abandoning p...Read More
Demand for copper scrap material in the United States remained lackluster this week; the market is not short on copper scrap, sources said, noting that pressured overseas markets have weighed further on already weak domestic demand."There's severe pressure on the consumer market overseas," a consumer said. "Our end markets aren't valuable enough."Fastmarkets' assessment of the discount for copper...Read More
Monarch Gold (TSX: MQR) has reported high-grade drill results from the central part of its wholly-owned McKenzie Break gold project, 35 km north of Val-d'Or, Quebec.Highlights from the drill program include drill hole 20-255, which intersected 14 metres grading 13.95 grams gold per tonne starting from 301 metres downhole, including 0.5 metre grading 311 grams gold, 1 metre grading 25.4 grams gold,...Read More
Teck Resources (TSX: TECK.B; NYSE: TECK), Canada's largest diversified miner, could see its Quebrada Blanca Phase 2 (QB2) expansion project in Chile delayed by up to six months due to Covid-19.Delivering results for the second-quarter, in which Teck recorded a $149-million loss, the Vancouver-based miner said all its mines across Canada, the United States, Chile and Peru had continued operating.Co...Read More
Mining in the United States has been ongoing for centuries and has played a role in the country's development over the years. The Northern Miner presents its annual Top-10 listing of the largest U.S.-based mining companies, which are ranked by market capitalization, as of July 24, 2020.1. NewmontMarket cap: US$53.6 billionThe Kalgoorlie Super Pit gold mine, adjacent to the city of Kalgoorlie-Bould...Read More
Four drill rigs at Roxgold's TSX: ROXG; US-OTC: ROGFF) Sequela gold project in Cote d'Ivoire continue to return high-grade results at both Ancien and Antenna North, the company reports.Assay highlights from Ancien, which lies within 6 km of the project's Antenna deposit, came from drill hole SGRD732, which returned 14 metres grading 13.3 grams gold per tonne from 71 metres, including 4 metres of 2...Read More
First Cobalt (TSXV: FCC) is moving directly into an expansion scenario for its permitted cobalt refinery in Ontario after conducting a detailed engineering study on the facility.The company said on July 22 that the plan could save millions of dollars by lowering operating costs through pilot plant work at third-party facilities. Financing discussions for the project are now entering the next phase...Read More
Tesla boss Elon Musk is asking miners to produce more nickel, a key ingredient in the batteries that power his company's electric cars, and has offered a "giant contract for a long period of time" to any firm able to extract it in an efficient, environmentally sustainable manner.Musk noted on a second-quarter earnings call that the high price of batteries continues to be one of the main hurdles fo...Read More
(Bloomberg) -- Elon Musk has a plea for mining companies: "Please mine more nickel.""Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way," said Musk, chief executive officer of the electric-carmaker, during a second-quarterRead full newsRead More
A very different-looking oilfield service sector is expected to emerge from the aftermath of the COVID-19 pandemic and ultra-low commodity prices.Read full newsRead More
China's state-owned Sinopharm, one of the first Chinese projects to start testing its Covid-19 vaccine candidates overseas, said it would have a vaccine ready for the public before the end of the year.Read full newsRead More
Congestion at China's east coast oil ports that is adding to costs for shippers and importers is likely to run well into August, with crude shipments set to hit another record high this month, according to analysts and Refinitiv data.Read full newsRead More
North Dakota's oil production fell four times faster than the national average between January and May, according to new data. New Mexico's production also plummeted in May.Read full newsRead More
A year ago, you couldn't get Wall Street to touch most gold miners' stocks. Today, it's throwing billions at the industry.Read full newsRead More
The latest company news releases.Read full newsRead More