Sellers of Japanese scrap have closed deals to both Bangladesh and Vietnam at lower prices, market participants told Fastmarkets on Thursday September 9.Japan sells cargoes to Vietnam, BangladeshTaiwan containerized scrap prices steadyChina's bids edge upward amid futures gainsJapanThe September Kanto Tetsugen auction was concluded for Japanese H2 scrap on Thursday morning at an average of ?46,26...Read More

The import market for China's pig iron weakened during August 26 to September 9 in transactions for Brazilian cargoes, according to sources.Around 100,000 tonnes of basic pig iron were sold from Brazil to China on Thursday September 2 at $535-540 per tonne cfr China, sources said.Fastmarkets' fortnightly assessment for the price of pig iron, import, cfr China was at $535-540 per tonne on Thur...Read More

Seaborne iron ore prices fell on Thursday September 9 amid inspections by authorities in Jiangsu province, which may have prompted weakness in iron ore demand, sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $130.26 per tonne, down $1.93 per tonne62% Fe low-alumina fines, cfr Qingdao: $130.92 per tonne, down $2.37 per tonne58% Fe fines high-grade premium, cfr Qingdao: $104.92 p...Read More

The coking coal market increased across the board on Thursday September 9, with prices in the cfr market jumping due to the latest trade heard. China's National Mine Safety Administration, meanwhile, will start inspections between September and December.Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $476.48 per tonne, up by $15.85 per tonneHard coking coal, cfr Jingtang: $442...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade. The European Central Bank released its interest rate decision and monetary policy statement at 7:45 AM EDT. Consensus was that its overnight lending rate to major banks would remain unchanged. Lululemon jumped $42.65 to an all-time high at $423.50 after reporting higher than consensus s...Read More

China's domestic rebar prices increased sharply on Thursday September 9 after the news that Jiangsu will restrict steel production in the remaining months of this year.DomesticEastern China (Shanghai): 5,410-5,440 yuan ($837-842) per tonne, up by 90-110 yuan per tonne.Jiangsu province will be conducting decarbonization compliance inspections of local enterprises with high energy consumption and em...Read More

Spot prices for hot-rolled coil (HRC) in China's domestic market crept higher on Thursday September 9, as expectations of tougher production curbs in the country's second-biggest steelmaking province drove futures to the highest in about one month.DomesticEastern China (Shanghai): 5,800-5,890 yuan ($897-911) per tonne, up by 50-70 yuan per tonne.The most-traded HRC contract on the Shanghai Futures...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.Fastmarkets assessed Cobalt alloy grade, in-whs Rotterdam, $/lb at 23.85-24.60 on Thursday September 09, 2021....Read More

Chinese cobalt tetroxide prices moved up on improved demand from downstream consumers in the first half of this week, with most producers raising their offers, sources told Fastmarkets on Wednesday September 8.Fastmarkets' price assessment for cobalt tetroxide 72.6% Co min, delivered China narrowed up to 275,000-285,000 yuan ($42,568-44,116) per tonne on September 8, from 270,000-285,000 yuan per...Read More

Chinese stainless steel prices in both the domestic and export markets increased sharply in the week ended Wednesday September 8 from the prior week, with tighter supply due to production cuts at domestic mills providing support.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 19,500-20,000 ($3,017-3,094) per tonne, up by 1,000-1,200 yuan per tonne from a week earlierA major...Read More

Canada-based Li-Cycle Holdings will build its fourth lithium-ion recycling facility, Spoke 4, in Tuscaloosa in the US state of Alabama, it announced on Wednesday September 8."The southeastern United States is emerging as a critical region for the lithium-ion battery supply chain, with battery manufacturers and automotive [original equipment manufacturers] establishing operations in the region," th...Read More

Endeavour Silver's (TSX: EDR; NYSE: EXK) 100%-owned Terronera project in Mexico's Jalisco state would produce 3.3 million oz. payable silver and 32,874 oz. gold annually over a 12-year underground mine life, according to a feasibility study.The study, which follows a prefeasibility study completed at the end of July 2020, modeled an underground mine processing 7.4 million tonnes of mineralized mat...Read More

Condor Gold (TSX: COG; LSE: CNR) has outlined two mining scenarios in an updated technical study for its flagship La India gold project in Nicaragua, both of which anticipate robust economics. The preliminary economic assessment prepared by SRK Consulting considers two possible routes to develop the asset.One is to go with a mixed open pit and underground operation, which would produce a to...Read More

Lucara Diamond (TSX: LUC) has announced that its board has formally accepted a planned underground expansion of the Karowe mine in Botswana, which is expected to extend the operation's life for 20 years - until 2040. The Vancouver-based miner said the approval follows the financial closure and satisfaction of all conditions precedent to a US$220 million debt package, announced in July....Read More

Asante Gold (TSXV: ASE), a pure gold exploration and development company, has outlined plans to fast-track its newly added, past-producing Bibiani gold mine in Ghana into production. The Vancouver-based company, which completed the acquisition of Bibiani from Australia's Resolute Mining (ASX: RSG; LSE: RSG) in mid-August, said local company Harlequin International had already kicked off the...Read More

Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesRising nationalismSPONSOREDswannTwo weeks ago, I wrote that investors appear to have been right in heavily discounting feasibility study valuations for the Mt Carrington project, if a recent re...Read More

Harmony Gold Mining Company Limited (NYSE:HMY) has a beta value of 0.97 and has seen 3.15 million shares traded in the recent trading session. The company, currently valued at $1.98B, closed the recent trade at $3.24 per share which meant it lost -$0.03 on the day or -0.92% during that session. TheRead full newsRead More

ALX Resources Corp. pleased to announce that it has entered intoRead full newsRead More

Investors are searching for top TSX dividend stocks to add to their RRSP portfolios. Let’s take a look at Nutrien (TSX:NTR)(NYSE:NTR) to see why it might be a good stock to buy right now. Nutrien earnings Nutrien is a global leader in the production of crop nutrients, including potash, phosphate, and nitrogen. The company also has a retail division that provides seed, crop protection product...Read More