China's nickel sulfate price slid from its all-time high amid active spot trading in the week to Friday August 27, with easing raw material tightness and volatile nickel prices on the London Metal Exchange said to have driven the decrease.Fastmarkets assessed the price for nickel sulfate min 21%, max 22.5%, cobalt 10ppm max, exw China, at 36,500-38,000 yuan ($5,639-5,871) per tonne on August 27, d...Read More

(IDEX Online) - Armed raiders targeted diamond couriers on a bus to Surat, India, but were thwarted when passengers locked them in the driver's cab.Three gang members traveled with the angadiyas (couriers) from Bhavnagar, in the Saurashtra region of Gujarat, and asked the driver to stop at Ankleshwar. There an accomplice who'd been following in a car pointed a gun at him and or...Read More

Hot-rolled coil prices in the United States have slipped below $97 per hundredweight ($1,940 per short ton), with market sentiment mixed on whether the price has peaked.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $96.93 per hundredweight ($1,938.60 per ton) on Monday August 30. It was down by 0.13% from $97.06 per cwt on Friday August 27, but up by 0.37% from $96....Read More

Hot-rolled coil (HRC) prices in China's domestic market rose sharply on Monday August 30; news of production curbs raised futures prices to their highest in more than a week.DomesticEastern China (Shanghai): 5,720-5,750 yuan ($884-888) per tonne, up by 70-120 yuan per tonne.The most-traded HRC contract on the Shanghai Futures Exchange hit an intraday high of 5,654 yuan per tonne in early afte...Read More

Spot prices for steel rebar imports into Singapore continued their downward trend in the week to Monday August 30 amid growing pressure on traders to slash offers due to unsold seaborne cargoes fast approaching the island state.A trader had cut his offers for Indian rebar to $725-730 per tonne cfr Singapore on a theoretical weight basis. Market sources said buyers remained silent due to the presen...Read More

China's domestic rebar prices increased on Monday August 30 supported by stronger demand and futures gains.DomesticEastern China (Shanghai): 5,230-5,260 yuan ($809-813) per tonne, up by 100 yuan per tonneThe weather has been favorable for construction work in Eastern China over the past few days, leading to stronger demand for rebar in the region.Rebar...Read More

MMG said the accident happened in the Huallpachaca area of the Cotabambas province, which has a series of hairpin bends.Local media reported the bus fell into a deep gorge.The passengers were employees of contracting firms including Manpower, Geotec, MB Renting, AKD Drilling, Lavalin, M&RC, JRM and JP Natlian, MMG said."We express our deepest sorrow and grief and extend our sympathies and supp...Read More

Seaborne iron ore prices decreased on Monday August 30 due to China's potentially stricter steel production cuts by the end of November, sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $156.66 per tonne, down by $0.89 per tonne62% Fe low-alumina fines, cfr Qingdao: $157.19 per tonne, down $0.65 per tonne58% Fe fines high-grade premium, cfr Qingdao: $125.81 per tonne, down $0.69...Read More

Seaborne coking coal prices increased on Monday August 30, largely due to tight supply, sources said. Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $414.55 per tonne, up by $6.04 per tonneHard coking coal, cfr Jingtang: $390.21 per tonne, up by $4.54 per tonnePremium hard coking coal, fob DBCT: $251.25 per tonne,up $2.35 per tonneHard coking coal, fob DBCT: $210.73...Read More

In the latest move by Chinese authorities to diversify the country's iron ore supply sources, the Ministry of Natural Resources has stated its support for the development of domestic iron ore reserves.Responding to a proposal made by a member of the People's Political Consultative Conference during the "Twin Sessions" meeting in Beijing in March, the Ministry of Natural Resources announced on Augu...Read More

Prices for seaborne iron ore concentrate and pellet fell in the week ended Friday August 27 amid thin liquidity driven by weak demand, market sources said.Fastmarkets iron ore indicesPellet premium over 65% Fe fines, cfr China: $34.30 per tonne, down $0.20 per tonne66% Fe concentrate, cfr Qingdao: $165.97 per tonne, down $4.02 per tonne65% Fe blast furnace pellet, cfr Qingdao: $198.14 per tonne, d...Read More

For Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM), 2021 has proven to be a spectacular year as the company reports record revenue, cash flows and sales volume in the first six months. In just the second quarter of this year, Wheaton saw net earnings rise 57% from the same time last year to US$166 million, and the company reports it is on track to achieve guidance of 720,000 to 780,000 go...Read More

Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) has intersected new visible gold bearing mineralization below the Swan zone, along the Cygnet Fault system, and to 1,000 metres downplunge of existing reserves along the Curie fault at Robbin's Hill, both part of the company's Fosterville mine in the state of Victoria, Australia. Drilling from the underground exploration drive hit this new minerali...Read More

Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) is a precious and base metal explorer with a pipeline of projects in Argentina, Chile, and Paraguay. It is part of the Grosso Group of companies, which has been working successfully in Argentina for almost three decades.The Vancouver-headquartered junior is advancing its 100%-owned Rosales copper project in the Atacama region of Chile, approximate...Read More

Sayona Quebec, a joint venture of Sayona Mining (ASX: SYA) and Piedmont Lithium (NASDAQ: PLL; ASX: PLL), has completed the acquisition of North American Lithium. Sayona Quebec is be owned 75% by Sayona and 25% by Piedmont. As part of the deal, Piedmont has agreed to take 50% of Sayona Quebec's lithium carbonate output.North American Lithium's chief asset was its suspended open pit mine about 60 km...Read More

Tudor Gold (TSXV: TUD) continues to attain impressive results from resource expansion and definition drilling of the Goldstorm deposit at its flagship property, Treaty Creek.The company announced the second set of results from the 2021 program, highlighted by an exceptional extension of the 300 Horizon and CS600 to the northeast in hole GS-21-113 that contains 972m of 1.265 g/t AuEq, including 456...Read More

Wyloo Metals is not ready to give up on its takeover bid for Noront Resources (TSXV: NOT) and its high-grade Eagle's Nest nickel-copper-PGE project in Ontario's Ring of Fire. The Australian company is now offering 70 ? per share for the junior, besting BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) friendly bid of 55 ? per share. The sweetened offer sent Noront shares up over 25% or 16 ? to 76 ? in t...Read More

Project location Proximity to Bodie-Aurora-Borealis mining district in Nevada Rock photos Picture taken by Paramount Geologists during field review exhibit similar features to historic rock samples described in the table within the body of the press release. Rock photos Picture taken by Paramount Geologists during field review exhibit similar features to historic rock samples described in the tabl...Read More

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

Canadian markets have gained almost 20% this year. While market bulls have been riding high for more than 18-odd months now, some TSX stocks have recently entered a bear zone. Here are five popular Canadian names that corrected 20% or more from their recent highs.Ballard Power SystemsBallard Power (TSX:BLDP)(NASDAQ:BLDP) stock has been trading in the bear zone for a while. It has dropped 60% since...Read More