The latest analysis from recent activity on the CME Group's cobalt metal futures contract, cash-settled against Fastmarkets' price assessment for cobalt, standard grade, in-whs Rotterdam.Key tradesJuly 22, 2021: 5 tonnes for August 2021 at $25 per lbJuly 23: 5 tonnes for September 2021 at $25.20 per lbJuly 28: 176 tonnes (88 tonnes for August at $25.04 per lb; 88 tonnes for December at $25.40 per...Read More

China's domestic rebar prices decreased on Wednesday September 8 after sellers lowered their offers to encourage sales following two days of weak demand.DomesticEastern China (Shanghai): 5,300-5,350 yuan ($820-828) per tonne, down by 20 yuan per tonneSellers dropped their offer prices for rebar on Wednesday morning to improves sales volumes, but buyers asked for even lower...Read More

Mining Journal's Chris Cann speaks with Midnight Sun chief executive Al Fabbro about the work programme Rio Tinto is currently funding and running to earn its exposure to the Solwezi copper-cobalt project in Zambia.Fabbro also addresses the issue of managing risk in one of Africa's traditional mining strongholds.Read More

Fastmarkets has corrected the pricing rationale for MB-CO-0004 - cobalt alloy grade, in-whs Rotterdam, $/lb, which was published incorrectly on Wednesday September 8 due to a reporting team error.One bid of $23.80/lb, which was reported by a seller, was incorrectly reported at $24.80/lb.Fastmarkets' rationale database has been updated to reflect this change. There is no change to the final assessm...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...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.Fastmarkets assessed Cobalt alloy grade, in-whs Rotterdam, $/lb at 23.70-24.60 on Wednesday September 08,...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

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

Key data from Fastmarkets' pricing session in Europe on Wednesday September 8.Key driversThe spot price range for ferro-titanium consolidated higher in the week to Wednesday September 8, cementing a small gain from the week prior.Suppliers reported low-key but steady buying interest from steelmakers, and there are bigger tenders to be concluded for hundreds of tonnes being delivered in the fourth...Read More

The Russian government is proposing to abolish or reduce its recently-imposed export taxes on ferro-alloys - with the exception of ferro-silicon - in a surprise decision announced on Tuesday September 7. No firm date was given for the introduction of the planned changes.The Russian government introduced duties on 340 steel and non-ferrous metals outside the Eurasian Economic Union (EAEU) in June 2...Read More

Gold Royalty (NYSE-AM: GROY) is acquiring Abitibi Royalties (TSXV: RZZ; US-OTC: ATBYF) and Golden Valley Mines and Royalties (TSXV: GZZ; US-OTC: GLVMF) in a deal that will create a larger company with 191 royalties and a balance sheet with about US$47 million in cash and on debt.The business combination will have a significant presence in two of the world's top-tier mining jurisdictions, Nevada an...Read More

Equinox Gold (TSX: EQX; NYSE: EQX) has released new reserve and resource numbers for its Mesquite mine in California and for the Fazenda Brasileiro and Riacho Dos Machados mines in Brazil.The Mesquite heap leach gold mine's latest measured and indicated numbers show a 65% increase in contained gold, to almost 1.4 million oz. (22.3 million tonnes grading 0.24 gram gold per tonne). The contained m...Read More

Ascot Resources (TSX: AOT) has received the ball and SAG mills at its Premier gold-silver project in British Columbia's Golden Triangle, putting the junior on track to restart production in late 2022.The company, which anticipates being fully permitted for construction in the third quarter, placed the orders for the long-lead items last October."Ordering the ball and SAG mills last year was a prud...Read More

BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, to look for critical materials used in electric vehicles (EVs) and clean energy. The world's largest miner and the Silicon Valley-based tech firm will jointly fund and operate exploration usi...Read More

De Beers, the world's largest diamond producer by value, said today that it had sold about US$515 million worth of rough diamonds during its latest event, making it the biggest sale since February and the largest total for this time of year since 2016. The Anglo American (LSE: AAL) unit, which sells diamonds to a handpicked group of about 80 buyers ten times a year at events called sights, sai...Read More

A correction has been issued for this article. The update can be found here.Read More

Matador Mining (ASX: MZZ) has uncovered gold grading 55.4 grams per tonne during power auger drilling at the greenfields Big Pond target within the Cape Ray project in Canada.Read full newsRead More

BURKINA-SECURITY/IAMGOLD (PIX):Iamgold suspends convoys to Burkina Faso gold mine after attackRead full newsRead More

The S&P/TSX Composite Index increased over 18% this year, getting support from improved economic activities and revival in consumer demand. While most of the top TSX stocks are trending higher, a few are still trading cheap and are well within investors’ reach.  Let’s dig deeper into four such low-priced and high-growth Canadian stocks that investors could add to their portfol...Read More

The Canadian stock market continued to drift down a bit for the second consecutive day on Wednesday. The S&P/TSX Composite Index settled at 20,742 — down 0.3% for the day. Meanwhile, key U.S. indexes like S&P500 and NASDAQ also ended the session in the negative territory. Despite a recovery in oil prices, weakening metals, and lingering concerns about slowing economic growth seemingl...Read More