Spot Chinese cobalt salts prices, including those for cobalt tetroxide and sulfate, softened this week against a backdrop of weakening demand for lithium cobalt oxide (LCO) batteries for the rest of the year.Fastmarkets assessed the price for cobalt tetroxide 72.6% Co min, delivered China at 210,000-220,000 yuan ($30,730-32,194) per tonne on Wednesday September 2, down by 5,000-10,000 yuan per ton...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view. A look at stainless steel price movements through August reveals the ongoing battle being faced by stainless steelmakers in Europe and the United States while they try to pass on rising costs to consumers. In these regions, prices on most grades of stainless steel are little changed from July, rising by around 2% at most -...Read More

China's domestic stainless steel prices have risen for a tenth week amid a strengthening nickel market and good downstream demand.The three-month nickel contract on the London Metal Exchange ended Wednesday September 2's official trading session at $15,671 per tonne, up by $594 per tonne (3.9%) from $15,077 per tonne a week earlier.Fastmarkets' weekly price assessment for nickel pig iron, high-gra...Read More

The Global Mining Symposium wrapped up its final day with an interview with B2Gold (TSX: BTO; NYSE-AM: BTG) president and chief executive Clive Johnson, who sat down with MINING.com senior editor Cecilia Jamasmie.Johnson's career includes leading B2Gold since its inception in late 2006 and, before that, Bema Gold, and has taken him from Russia to Africa and throughout the Americas. Drawing on hi...Read More

Executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY), Peter Marrone, spoke on the second day of the Global Mining Symposium about the company's assets, its strategy, and his views on the price of gold. Marrone started his career practicing law in Toronto, focusing on corporate, securities, and international law and then became the head of investment banking at a major Canadian in...Read More

The nights are drawing in, and the Autumn equinox is upon us in the Northern Hemisphere, with an equal duration of light and dark on Sept. 22. On the positive side, there is an R in the month, so we can eat oysters in the United Kingdom. This advice dates to at least 1599, when it appeared in Henry Buttes's cookbook, Dyets Dry Dinner, although some historians trace it to an ancient Latin saying.Th...Read More

The European Union has added lithium, used in batteries that power electric vehicles (EVs), to a list of critical materials as part of a strategy to reduce its reliance on imports.The group of 27 nations will need about 60 times more lithium and 15 times more cobalt for EV batteries and energy storage by 2050, analysts estimate. The EU's demand for rare earths, used in high-tech devices and milita...Read More

International Tower Hill Mines (TSX: ITH; NYSE-AM: THM) plans to raise US$10.3 million in support of a prefeasibility study on its Livengood gold deposit, 110 km north of Fairbanks, Alaska.In July, the Vancouver-based company announced it had finalized the key contracts to complete a prefeasibility study on the large, low-grade Livengood project, with an expected release date of October 2021.The t...Read More

The Global Mining Symposium continued apace on the second day of the three-day event with Alisha Hiyate, editor at The Canadian Mining Journal, interviewing Ronald-Peter Stoeferle, managing partner and fund manager at Incrementum AG.Stoeferle has co-authored two books: Austrian School for Investors, published in 2016, and the In Gold We Trust report, an annual report he started in 2007 that has be...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsLithium no quiet place for AVZSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 25Matterhorn Asset Management managing partner Egon von Greyerz predicted the collapse of the global financial system under an unbearably heavy load...Read More

Benchmark Metals Inc. is a mineral exploration company focused on the Lawyer's Gold and Silver project, located in the Golden Triangle of BC, Canada.Read full newsRead More

Peter A Ball, President and CEO of NV Gold Corp, spoke to us about the latest update from the ongoing exploration program at their high-grade Exodus Gold Pro...Read full newsRead More

Figure 1 Location map of Mineral Ridge and ownership boundary. Figure 2 Mineral Ridge highlighting areas of previous mining, planned mining and exploration target areas. Figure 3 Limited surface rock chip sampling results for the Mineral Ridge claims.VANCOUVER, British Columbia, Aug. 31, 2020 (GLOBERead full newsRead More

GOLDEN RIDGE RESOURCES LTD. (TSXV:GLDN) (Read full newsRead More

Further to its news release dated August 19, 2020, the Company has closed the initial tranche of its non-brokered private placement.Read full newsRead More

If you're like me, you haven't stepped foot in an airport in over half a year.When we eventually do, we'll enter a whole new world. It'll look a lot like the one before, but will be fundamentally transformed.The way things are looking, some airlines might not be around anymore. I wouldn't be surprised if we see government-brokered takeovers similar to the financial sector in the last recession, bu...Read More

Sep 04, 2020 Guest(s): Michael Danov President & CIO, SBP Management Equities markets fell on Friday, led by a tumble in technology stocks, but one fund manager maintains his bullish stance. Michael Danov, president and CIO SBP Management, said that while macroeconomic conditions are favorable for broad equities indices, momentum traders have pushed tech stocks beyond reasonable levels of valuat...Read More

The three-month prices of all base metals listed on the London Metal Exchange rose on Friday September 4, with nickel and aluminium gaining the most.The LME three-month nickel price closed at $15,290 per tonne on Friday, after briefly reaching an intraday high of $15,325 per tonne, with 7,233 nickel lots traded over the day.Nickel was the best performer of the LME base metals in August, registerin...Read More

Copper concentrate treatment and refining charges (TC/RCs) hit new Fastmarkets record lows in the week to Friday September 4 after some smelters purchased cargoes for nearby arrival in the high $40s per tonne / 4 cents per lb. Smelters are said to be well stocked with concentrate, but deals reported to Fastmarkets with TCs between $47 and $49 per tonne indicate that those in need will have to pay...Read More

China's copper imports have fueled the metals roaring price recovery from multi-year lows in March, but the traders who had brought the material into the country say they are no longer buying, Fastmarkets heard.Records for monthly copper imports were initially smashed in June with 656,483 tonnes, only to be gazumped in July when 762,211 tonnes crossed the China border.This comes at a time when the...Read More