The seaborne premium hard coking coal fob index edged up on Thursday August 20 due to the bullish market sentiment from India, while Chinese participants, however, still feel trapped by a lack of coking coal import quotas, Fastmarkets heard.Fastmarkets indices Premium hard coking coal, fob DBCT: $104.17 per tonne, up $0.61 per tonne Premium hard coking coal, cfr Jingtang: $114.60 per tonne, up $...Read More

Seaborne iron ore prices were largely stable on Thursday August 20 in a much calmer market than the previous three days of trading, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $129.32 per tonne, up $0.23 per tonne 62% Fe low-alumina fines, cfr Qingdao: $128.59 per tonne, up $0.20 per tonne.58% Fe fines high-grade premium, cfr Qingdao: $114.95 per tonne, up $0.4...Read More

The cascade of cargoes booked by Bangladeshi mills from United States recyclers continued over the past week to Thursday August 20, with two more deals heard, sources told Fastmarkets. Demand for scrap in Bangladesh has ballooned over the past month, with mill capacity utilization rising at the country's three largest mills, and scrap stocks at steelmakers depleting. A Bangladeshi mill bought a bu...Read More

China's domestic hot-rolled coil prices weakened on Thursday August 20, but a mill was reported to have secured an order from South America at a price above prevailing levels.DomesticEastern China (Shanghai): 4,060-4,070 yuan ($587-589) per tonne, down 10-20 yuan per tonnePrices weakened on Thursday after downstream buyers held back from placing orders in response to HRC futures tumbling during th...Read More

China's domestic rebar prices continued to drop on Thursday August 20 amid falling futures and the release of data showing high steelmaking rates.Domestic Eastern China (Shanghai): 3,620-3,650 yuan ($523-527) per tonne, down by 20 yuan per tonneThe weakening futures market caused buying interest in the spot market to fall, which dragged down prices as well.The country's National Bureau of Statisti...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 transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam,...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 transparency into the markets it covers and the pricing process it...Read More

Key data from Fastmarkets' pricing session in Shanghai on Wednesday August 19. Key driversDomestic suppliers held their offer prices firm and showed reluctance in compromising after continuous gains in futures prices on the Wuxi Stainless Steel Exchange buoyed market sentiment this week.The comparatively limited availability of tradable spot cargoes also contributed to the strength in the metal's...Read More

An overview of the minor metals markets andthe reasons for any price moves.(This article was first published on Wednesday August...Read More

Impact investing has become a strong emergent trend over the last decade. It is a trend, however, that has largely avoided the mining industry, and the mining industry has largely avoided impact investors. Is the mining industry now ready for impact investors and should impact investors invest in the mining industry?Andrew Cheatle on assignment at Troilus Gold's project in Quebec. Credit: Andrew C...Read More

Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has announced the results of a feasibility study on its 50%-held Arctic copper-zinc-lead-silver-gold project in northwestern Alaska's Ambler mining district.The study suggests a 10,000-tonne-per-day, 12-year open-pit operation, with a conventional mill and flotation process, producing copper, zinc and lead concentrates.The proposed operation would produce an...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsThe Gorno zinc mine, about 90km northeast of Milan and closed since 1985, seemed set for a new lease of life when Perth-based uraniu...Read More

Canada's national association for miners, the Mining Association of Canada (MAC), is weighing in on the federal government's decision to review Teck Resources' (TSX: TECK.B; NYSE: TECK) proposed Castle Mountain metallurgical coal project in B.C., saying the additional review is unnecessary as the project is already undergoing a rigorous provincial environmental review process, and accusing the gov...Read More

Gold miners operating in Mali said they are continuing to operate while monitoring a political crisis that shut the country's borders and hit share prices on Aug. 19.Malian President Ibrahim Boubacar Keita resigned after being detained by a military junta, prompting immediate international criticism, despite the group's pledge to shepherd a democratic transition.The coup capped weeks of protests d...Read More

Rio Tinto (NYSE: RIO; LSE: RIO) has cut its refined copper production target for fiscal 2020 due to delays in restarting a smelter at its Kennecott mine in Utah.The world's second-largest miner expects the facility to be running again in two months, which would result in 30,000 tonnes of lost production.Rio Tinto now expects full-year refined copper production for the group to be 135,000-175,000 t...Read More

Battle North Gold (TSX: BNAU; US-OTC: BNAUF) (previously Rubicon Minerals) is raising $55 million in an upsized bought deal (from $45 million previously) co-led by Cormark Securities and Stifel GMP for exploration and development work at the Bateman gold project in the Red Lake district of Ontario.In addition, the proceeds may be used for working capital and repayment of the company's $14.2-millio...Read More

Energy Minister Alexander Novak noted that the oil market has come close to balancing itself, which is the goal of the OPEC+ deal on oil production cutsRead full newsRead More

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The United States is considering an October deadline for ending exemptions to Venezuelan sanctions that allow some companies and refiners to still receive the South American producer's oil, two sources said, as Washington seeks to raise the heat on President Nicolas Maduro.Read full newsRead More

How one man is pioneering a rice revolution with biogas Craig Jamieson (left) is a man on a mission - to develop a major bioeconomy in the rice growing regions of the world. His pioneering approach is centred on...Read full newsRead More