China's domestic hot-rolled coil prices extended their gains on Wednesday August 11 after futures prices rose for a second straight day on higher market expectations of an output drop and demand recovery from low summer trading.DomesticEastern China (Shanghai): 5,820-5,860 yuan ($897-903) per tonne, up by 40-60 yuan per tonneThe most-traded HRC contract on the Shanghai Futures Exchange hit an intr...Read More

Base metals prices were mixed on the London Metal Exchange during morning trading on Wednesday August 11 and were largely consolidating following Tuesday's highs after the United States Senate passed a $550 billion infrastructure package."The passing of the US infrastructure bill bodes well for the base metals as the spending is focused on upgrading the US transport system. Some $550 billion will...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday August 11Key drivers The titanium alloy market was steady for the third consecutive week during the week to Wednesday August 11 amid reported buying interest for various grades.The European alloy market is facing a potential shortage of supply from Russia through the rest of the year after new Russian export duties were set from the...Read More

The Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 Cobalt hydroxide p...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 transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs...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 transparencyinto the markets it covers and the pricing process it applies....Read More

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.Read More

Base metals prices on the LME were mainly weaker this morning, Wednesday August 11, after average rebound gains of 1.4% on Tuesday, while SHFE base metals prices were mainly stronger in reaction to yesterday's LME gains.US Senate passes $1 trillion infrastructure bill, focused on the transport system Wall Street set fresh record highs on Tuesday US dollar strong and climbing and US treasury yields...Read More

Stainless steel sheet prices in the United States surged to decade highs in July due to increasing mill base price and rising surcharges.Buyers, who were unable to buy sufficient metal on allocation from mills, reported that non-mill sources prices rose sharply, widening the spread between the two. Fastmarkets' monthly assessment for stainless steel 304 cold-rolled sheet, fob mill US was $179...Read More

Spot ferro-chrome prices in China continued to correct downward after peaking at a 13-year high point at the end of July, despite the continuing output restrictions caused by power supply limitations in a number of production regions.Fastmarkets' price assessment for ferro-chrome, spot, 6-8% C, basis 50% Cr, ddp China, fell by 400-500 yuan to 10,400-10,800 yuan ($1,603-1,665) per tonne on Tuesday...Read More

Australian Vital Metals (ASX: VML) and Quebec Precious Metals (QPM) (TSXV: OPM; OTC: CJCFF) have signed a binding term sheet for Vital to acquire QPM's 68% interest in the Kipawa exploration project and 100% interest in the Zeus exploration properties for US$8 million.Vital owns the Nechalacho rare earths mine in the Northwest Territories. Yesterday, the company voluntarily ceased trading on rumou...Read More

Pilbara Minerals (ASX: PLS) has reported the results of its first lithium spodumene concentrate auction held via its Battery Material Exchange, demonstrating strong demand for spot spodumene concentrates.The product shipping via Port Headland, Western Australia, fetched up to US$1,250 per tonne FOB for first concentrates on leaving port.Platts reports the auction 'spot' price for the first 10,000-...Read More

Gran Colombia Gold (TSX: GCM; OTCQX: TPRFF) has completed its previously announced offering of US$300 million in 6.875% senior unsecured notes that are due in 2026.South America-focussed Gran Colombia is the largest underground gold and silver producer in Colombia with several mines in operation at its high-grade Segovia Operations. In Guyana, the company is advancing its recently acquired Torop...Read More

Canada's Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world's most prolific sources of large, high value type IIA diamonds.The company now expects to achieve 75% of slated full production by late 2029, which is 1.3 years later than planned. Lucara said the delay was due mainly to Covid-19 related d...Read More

Union leaders and the operating company of Chile's Escondida mine have agreed terms on a new collective bargaining agreement, potentially avoiding a proposed strike at the world's largest copper mine.In a statement reported in the Chliean daily El Mercurio, operating company Minera Escondida said: "The company and the directors of the Union No1 have concluded negotiations [on a] collecti...Read More

DURING The Manila Times' second forum on renewable energy about two weeks ago, Mr. Devin Narang of Sindicatum Renewable Energy India made a point that stuck like a sand burr: when it comes to renewable energy, one of the biggest shortcomings of the Philippines, he said, that very few here recognize the enormous resources and opportunities the country has. This place is a gold mine in both quan...Read More

All amounts are in USD unless stated otherwise GMIN to acquire the construction ready Tocantinzinho Gold Project in northern BrazilEldorado to become a 19.9% cornerstone shareholder of GMINTocantinzinho is a permitted, high-grade gold project with a 10-year reserve life and an estimated annual production of 187,000 ounces for the first 8 yearsLeadership team to leverage four successful mine builds...Read More

Gold made an attempt to settle below $1675.Read full newsRead More

Taboola is the world's leading discovery & native advertising platform that helps people explore what's interesting and new in the moment of next.Read full newsRead More

Laurion Mineral Exploration Inc. is pleased to announce the follRead full newsRead More