The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday February 24. Key drivers Limited supplies of higher tin content grade (Sn 0.5-2%) scrap pushed the price to the highest since September 2012. The low tin (Sn 0.5%) content grade price was steady, with deals reported below $2 per lb, although a few offer prices have been reported above that level....Read More
A summary of Brazilian steelmaker Gerdau's financial results in the fourth quarter and full year of 2020, as stated in its earnings report published on Wednesday February 24.In brief Domestic sales volumes of both flat and long steel in the Brazil division increased year-on-year during the fourth quarter amid stronger steel demand from the construction, wind power and infrastructure sectors, drivi...Read More
Copper-focused miner Capstone Mining (TSX: CS) has announced a production and costs beat for 2020, driven by strong fourth-quarter output at both the Pinto Valley open pit mine in Arizona and at the Cozamin underground mine in Mexico.With a total of 44.4 million lb. of copper generated in the fourth quarter (34.1 million lb. from Pinto Valley and 10.3 million lb. from Cozamin), Capstone's producti...Read More
Near-surface drilling at GoGold Resources' (TSX: GGD) Los Ricos North project in Jalisco state, Mexico, has hit high silver grades and returned wide intervals of mineralization. The company has released assays for 12 diamond drill holes completed around the El Favor target area, focused on the Salomon, Guitarrillas and Los Chivos veins.Drill highlights include longer intercepts, such as 33.9 metre...Read More
Nexa Resources (TSX: NEXA; NYSE: NEXA) is looking to expand its copper assets, CEO Tito Martins told MINING.COM. "Copper is the mineral of the moment, of the decade, and maybe the next decades," said Martins, a former Vale Canada chief.Copper prices surged again today with the metal hitting above US$9,000 a tonne for the first time in nine years. The bellwether industrial metal has doubled in pri...Read More
Australian iron ore major Fortescue Metals Group (ASX: FMG) has apologized to a local Aboriginal group for clearing land on a heritage site without representatives of the community being present while the work was done.The iron ore miner had Western Australian's government permission to clear land in the Weelamurra Creek area, on condition that members of the Wintawari Guruma people were present t...Read More
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The Chinese domestic price of cobalt metal surged in the first half of this week amid tightened supply and robust demand from the battery supply chain.Fastmarkets' assessment of cobalt 99.8% Co min, ex-works China rose to 390,000-420,000 yuan ($60,450-65,100) per tonne (approximately $24.26-26.13 per lb less China value-added tax) on Wednesday February 24, up by 11.3% from 358,000-370,000 yuan per...Read More
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In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Underground drilling at the Island Main zone, completed off of the 840-level exploration drift, expanded high-grade gold mineralization by up to 200 metres to the east of existing reserves, in a 300-metre gap between reservesRead full newsRead More
/CNW/ - Sirona Biochem Corp. (TSXV: SBM) (FSE: ZSB) (OTC: SRBCF) (Read full newsRead More
FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleRead full newsRead More
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