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

August 24, 2021 / 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 transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam,...Read More

IN FIGURES: China's minor metals exports, imports in July 2021

August 24, 2021 / www.metalbulletin.com

A summary of China's minor metals exports and imports for July 2021.In brief China's exports of antimony continued to increase in July. The United States remained the biggest buyer of Chinese antimony, importing 379,801 tonnes of the material during the month.  The remainder of China's exports went mainly to Japan, the Netherlands, Belgium, Pakistan and South Korea. China...Read More

IN FIGURES: China's battery raw materials exports in July 2021

August 24, 2021 / www.metalbulletin.com

A summary of China's battery raw materials exports for July 2021, according to the latest Chinese customs data released last Friday August 20.In brief?EUR?Lithium hydroxide exports fell month on month due to a shortage in China amid lithium feedstock supply constraints coupled with strong demand from the...Read More

'Bloodbath' in steel billet market amid sharp drop in Chinese import prices

August 24, 2021 / www.metalbulletin.com

A huge drop in Chinese import steel billet bids has caused sellers to slash offer prices in an attempt to sell material to alternative markets, sources told Fastmarkets on Friday August 20.Chinese ferrous futures were in freefall from Monday August 16 to Thursday August 19 amid pessimistic outlook for near-term economic growth and steel demand in China. Although contracts recovered slightly during...Read More

Triple Flag reports results of first public quarter

August 23, 2021 / www.northernminer.com

The recently released June-quarter financial results from Triple Flag Precious Metals (TSX: TFPM) aptly encapsulates the vision founder and CEO Shaun Usmar has been working up to since starting the royalty and metals streaming business in 2016.Fresh from undertaking Canada's biggest mining initial public offering (IPO) in nine years, raising $250 million in May, the company has emerged as a more a...Read More

Gem Diamonds sells Botswana unit for US$4 million

August 23, 2021 / www.northernminer.com

Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond's main target is the mothballed Ghaghoo in central Botswana, which Gem acquired from De Beers in 2007. The company had hoped the buy would help it diversify its portfolio away from Lesotho, where...Read More

Lynas gets extension to build waste plant in Malaysia

August 23, 2021 / www.northernminer.com

Malaysia has provided rare earths producer Lynas Corp (ASX: LYC) with some breathing room for finding a permanent location for a low-level radioactive waste disposal facility for its processing operations on the country's east coast. The Australian miner, which fought hard to stay in Malaysia under certain conditions that needed to be fulfilled by September this year, said the licensi...Read More

US markets fall, August 16-20

August 23, 2021 / www.northernminer.com

The Dow Jones Industrial Average fell 395.3 points or 1.11% to 35,120.08 and the S&P 500 lost 26.33 points or 0.59% to finish the trading week at 4,441.67. Spot gold climbed US$1.00 per oz. to US$1,780.70 per ounce.Franco-Nevada dropped US$13.54 per share to US$141.34 share on no corporate news. The gold-focused royalty and streaming company reported second-quarter results on August 11. The comp...Read More

TSX Venture down, August 16-20

August 23, 2021 / www.northernminer.com

The S&P/TSX Venture Composite Index fell 58.55 points or 6.34% to finish the August 16-20 trading week at 864.51. Spot gold fell US$1.00 per oz. to US$1,780.70 per ounce.Shares of Neo Battery Materials rose 17 ? to 78 ?. The junior announced it had successfully produced the first prototype of silicon (Si) anode active materials and sent samples to partners for cell evaluation and electrochemical c...Read More

TSX down, August 16-20

August 23, 2021 / www.northernminer.com

The S&P/TSX Composite Index fell 179.1 points or 0.87% to finish the August 16-20 trading week at 20,339.00. The S&P/TSX Global Mining Index dropped 7.48% to 100.51 and the S&P/TSX Global Base Metals Index plunged 10.06% to 158.84. The S&P/TSX Global Gold Index lost 3.01% to 281.16 and spot gold dipped US$1.00 per oz. to US$1,780.70 per ounce.Shares of Argonaut Gold rose 16 ? to $2.99 per share on...Read More

JV Article: Blue Sky Uranium advances the Amarillo Grande uranium-vanadium project in Argentina

August 23, 2021 / www.northernminer.com

Blue Sky Uranium (TSXV: BSK; US-OTC: BKUCF) is exploring for uranium and vanadium deposits in the Patagonia region of southern Argentina, where it holds 400,000 hectares of prospective tenements.The Canadian junior's flagship project is its 100%-owned Amarillo Grande project in Rio Negro province, about 25 km north of Valcheta City.Nikolaos Cacos, the junior explorer's president and CEO, describe...Read More

First Quantum's subsidiary ready to renegotiate Cobre Panama's concession

August 23, 2021 / www.northernminer.com

First Quantum Minerals' (TSX: FM) subsidiary Minera Panam?? issued a communiqu?(C) over the weekend stating that it has not yet met with Panamanian authorities to discuss the renewal of the concession of its Cobre Panam?? mine.In the statement, the company said management is prepared to start the process as soon as local authorities are ready to engage. It also emphasized that its operations are u...Read More

Volvo buys world's first fossil-free steel

August 23, 2021 / www.northernminer.com

The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB Oxel??sund to its first customer, Volvo Group.The product was manufactured in northern Sweden, using the Hybrit technology, which was developed by SSAB in partnership with iron-ore miner LKAB and utility Vattenfall. The technology uses 100% fossil-free hydrogen instead of coal and coke.Volvo has said that this...Read More

JV Article: How surplus mining assets backed by OEM warranties can reduce capital costs, accelerate production and improve sustainability

August 23, 2021 / www.northernminer.com

As the mining industry continues to dig up minerals needed to decarbonize the global grid, and pandemic restrictions ease, the need for ready access to mining and processing equipment is rising fast.Equipment is the lifeblood of any mining operation, and delayed deployment of the machines needed to ramp up operations can slow production and increase capital costs significantly; capital cost of equ...Read More

Forrest's revenge, Act 2: the Australian round

August 23, 2021 / www.mining-journal.com

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDA plan to acquire a stake in the Canadian nickel industry has already run into a potential roadblock in the form of Australian iron ore billionaire, An...Read More

Why is an Island-based water bomber sidelined as B.C. burns?

August 23, 2021 / www.timescolonist.com

The Martin Mars water bomber sits idle on the shores of Sproat Lake, raising questions about why the massive aircraft isn't being used to fight the flames ripping though the province - including in. . .Read full newsRead More

#Nickel is becoming a battleground for bets on battery future #EV

August 23, 2021 / bit.ly

Andrew Forrest has long signaled he's interested in battery metals and has expressed ambitions to get into the business for years.Read full newsRead More

Asante Gold Closes Acquisition of Bibiani Mine

August 24, 2021 / dlvr.it

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More

Bitcoin volatility will drive investors back to gold, says mining firm chairman

August 24, 2021 / dlvr.it

The executive chairman of Evolution Mining said bitcoin still has aRead full newsRead More

.@nvgoldcorp $NVX.V $NVGLFProgress Update Q3 and Q4, 2021

August 23, 2021 / bit.ly

NV Gold Corporation The Company announced today an update on itsRead full newsRead More

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