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CHINA REBAR: Typhoon Bavi saps demand in some regions but prices flat

August 27, 2020 / www.metalbulletin.com

China's domestic rebar prices were stable on Wednesday August 26, but demand in some regions decreased as a result of Typhoon Bavi,Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($527-531) per tonne, unchangedThe northern part of Zhejiang province as well as Shandong province further north experienced rain during the day that was attributed to Typhoon Bavi, which is forecast to make landfall...Read More

LIVE FUTURES REPORT 26/08: LME nickel passes $15,000/t in 1% rally; aluminium lags behind

August 27, 2020 / www.metalbulletin.com

The LME three-month nickel price hit a year-to-date high in the morning session on Wednesday August 26, up 1% from the previous day's close, and at its highest level since November 2019, at $15,140 per tonne. London Metal Exchange nickel futures were supported by the fresh cancelation of 444 tonnes as of 9am this morning. A 378-tonne outflow of material - 354 tonnes from D...Read More

Alvance Aluminium gains ASI performance certification for Dunkerque plant in France

August 27, 2020 / www.metalbulletin.com

Alvance Aluminium has achieved ASI 'Performance Standard' certification for its smelting and casting operations in Dunkerque, France, the Aluminium Stewardship Initiative (ASI) announced on Wednesday August 26. Part of the GFG Alliance's aluminium division, the Dunkerque plant - which produces slab and ingot through the electrolysis of alumina - has been successfully certi...Read More

GLOBAL ALUMINIUM WRAP: Premiums in Brazil, Rotterdam move higher; LME contango supports premiums

August 27, 2020 / www.metalbulletin.com

A wide contango in London Metal Exchange spreads supported aluminium premiums across the globe in the week ended Tuesday August 25, with only the premiums in Shanghai bucking the trend.Rotterdam duty-unpaid premium at highest since MarchRestocking drives up premiums in BrazilImproved sentiment in JapanUS Midwest premium holds firmShanghai arb window closes.Tight supply, wide contango spur Rotterda...Read More

COBALT SNAPSHOT: Alloy-grade prices make gains over standard-grade; material in tight hands

August 27, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in London on Wednesday August 26.Key drivers: Alloy-grade cobalt traded at a premium to standard-grade with material in tight hands. Prices for both grades were well underpinned despite thinner liquidity compared with the beginning of August. Substantial spot volumes changed...Read More

China's cobalt intermediates imports leap in July; Wuxi contract responds with an immediate plunge

August 27, 2020 / www.metalbulletin.com

Cobalt intermediates shipments to China leapt by 84.7% month on month in July and local futures prices responded by plummeting on Tuesday August 25 after the data was released. China imported 28,087 tonnes of cobalt intermediates, which are mostly comprised of cobalt hydroxide - a key feedstock for cobalt refineries - in July, up from 15,206 tonnes in June, and also 9.2% higher year on year, accor...Read More

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

August 27, 2020 / 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 transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt alloy grade,...Read More

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

August 27, 2020 / 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 transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt...Read More

China's manganese ore imports up 35% in July vs prior month

August 27, 2020 / www.metalbulletin.com

China's imports of manganese ore totaled approximately 2.95 million tonnes in July, an increase of 35.2% from 2.18 million tonnes in June and the highest volume in a single month since December 2019, according to the latest available Chinese customs data. But July's volume is about 4.5% lower than the 3.09 million tonnes imported in the same month of 2019, the data showed. Of the total volume impo...Read More

EU starts expiry review of anti-dumping duties into stainless CR from China, Taiwan

August 27, 2020 / www.metalbulletin.com

The European Commission (EC) has started an expiry review of anti-dumping measures on imports of cold-rolled flat stainless steel from China and Taiwan.The request for an expiry review was lodged by the European steel association Eurofer on May 27 this year."The request is based on the grounds that the expiry of the measures would be likely to result in continuation or recurrence...Read More

Artemis Gold study outlines 23-year open pit mine at Blackwater in BC

August 26, 2020 / www.northernminer.com

Days after closing the acquisition of the Blackwater gold project in central British Columbia from producer New Gold (TSX: NGD; NYSE-AM: NGD), Artemis Gold (TSXV: ARTG) has released the results of a revised prefeasibility study on the asset.The latest study suggests a 23-year open pit operation, with a staged development. The first, five-year phase would be at a throughput of 5 million tonnes per...Read More

Palladium One reports long, near-surface intercepts at LK in Finland

August 26, 2020 / www.northernminer.com

The first phase of drilling at Palladium One Mining's (TSXV: PDM; US-OTC: NKORF) wholly owned Lantinen Koillismaa (LK) project in north-central Finland has returned long mineralized intervals, starting at shallow depths. The latest results are from the Murtolampi zone, 2.5 km north of the Kaukua deposit at LK.Drill highlights from the nine holes reported include 87 metres of 1.43 grams per tonne p...Read More

Golden Minerals drills high-grade gold at Rodeo in Mexico

August 26, 2020 / www.northernminer.com

Golden Minerals (TSX: AUMN; NYSE: AUMN) has released a second set of assays results from its Rodeo gold-silver project, 80 km west of its Velardena project in Mexico's Durango state.Highlights include 25 metres grading 6.66 grams gold per tonne and 13.9 grams silver per tonne starting at a depth of 8 metres in drill hole 20-012.Other notable assays include 21 metres grading 2.85 grams gold and 10....Read More

Skeena Resources launches aggressive drill program at Eskay Creek

August 26, 2020 / www.northernminer.com

Skeena Resources (TSX: SKE; US-OTC: SKREF) plans to drill a combined 89,000 metres of exploration and infill drilling before the end of the year at its Eskay Creek gold-silver project in British Columbia's Golden Triangle and has completed 46 holes covering 24,000 metres since it restarted the drill program in July."In September we intend to add two more drill rigs, which will bring our rig count...Read More

DeepGreen Metals partners with scientists on seafloor discovery program

August 27, 2020 / www.northernminer.com

DeepGreen Metals has formed partnerships with scientific research institutions and universities on its deep-sea discovery program to characterize the potential impacts of lifting polymetallic nodules from the bottom of the Clarion Clipperton Zone (CCZ) of the Pacific Ocean.In April, the Canadian start-up, which plans to extract cobalt and other battery metals from the seafloor, added a new area to...Read More

South Africa ministry approves AngloGold asset sale, blocks delisting

August 26, 2020 / www.northernminer.com

South Africa's mines ministry has approved the sale of AngloGold Ashanti's (NYSE: AU; JSE: ANG) last remaining assets in the country to Harmony Gold (NYSE: HMY), on condition that it does not delist from the Johannesburg Stock Exchange.AngloGold announced the US$300 million sale earlier this year. The portfolio included Mponeng, the world's deepest gold mine and the company's last underground oper...Read More

.@FireFoxGoldCorp $FFOX Provides Exploration Update for Finland Gold Projects

August 26, 2020 / bit.ly

FireFox Gold Corp. is pleased to provide an update on its 2020 suRead full newsRead More

.@SilverViperCorp $VIPR Discovers a New, Broad Zone of Mineralization at El Rubi

August 26, 2020 / bit.ly

Best Result of 5.0 metres core length (estimated 2.5 metres true width) grading 353g/t Ag and 7.98g/t Au from 174m in LV20-245.Read full newsRead More

SKRR Exploration Inc. $SKRR Closes Private Placement

August 26, 2020 / bit.ly

SKRR Exploration Inc. (TSXV:SKRR) (Read full newsRead More

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