The price paid for seaborne low-volatile pulverized coal injection (PCI) material in the fob market rose on Friday December 11 due to tight supply, sources said. Fastmarkets indicesPremium hard coking coal, fob DBCT: $103.04 per tonne, up $0.15 per tonnePremium hard coking coal, cfr Jingtang: $179.63 per tonne, up $1.03 per tonneHard coking coal, fob DBCT: $92.97 per tonne, up $0.41 per tonneHard...Read More

Base metals prices on the London Metal Exchange were down across the board this morning, Friday December 11, this after copper, zinc, nickel and tin set fresh highs for the year either on Thursday or earlier this morning. There are many cross currents flowing through the markets - the US Covid-19 relief package continues to be delayed, a no-deal Brexit is still a high possibility and US initial jo...Read More

An overview of the aerospace materials markets and their latest price moves. Ewa Manthey and Michael Greenfield in London, Susan Zou, Amy Lv...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...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....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...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 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

Key data from Fastmarkets' Friday December 11 pricing session in London.Key drivers Tightening prompt availability in Europe and consumer restocking continued to push prices to a new high. The market was now trading at its highest level since mid-March, when prices...Read More

Hebei Iron and Steel Group (HBIS), China's second-largest steelmaker, has increased its purchase price for December-delivery silico-manganese to 6,350 yuan ($971) per tonne, market participants told Fastmarkets on Thursday December 10.The latest price is 270 yuan per tonne higher than the mill's purchase price of 6,080 yuan per tonne for November-delivery cargoes. HBIS' price, which applies to car...Read More

Rockcliff Metals (CSE: RCLF) has released the results from a preliminary economic assessment (PEA) for its 100%-owned Tower and Rail projects in the Flin Flon-Snow Lake greenstone belt in central Manitoba.The study envisions the development of the Tower high-grade copper deposit in parallel with the refurbishment of Bucko mill, followed by the Rail copper deposit development. Tower is about 460 k...Read More

Wheaton Precious Metals (TSX:WPM) and Capstone Mining (TSX:CS) have struck a deal whereby the streaming company will pay US$150 million for a share of the silver output from Capstone's Cozamin copper mine in Zacatecas state, Mexico. In 2019 the mine produced 35.84 million lbs. copper, 1.16 million oz. silver, and 18.46 million lbs. zinc.Wheaton has agreed to buy 50% of Cozamin's silver output unti...Read More

NorZinc (TSX:NXC; OTCQB:NORZF) has received the final assays from surface drill hole PC-20-225, and the results indicate high grades of both silver and zinc.Beginning at a depth of 525.6 metres, the hole returned 4.3 metres at 189 grams silver per tonne, 27.18% zinc, 16.89% lead, and 0.47% copper (56.28% zinc equivalent).A lower grade, 1.1 metre intersection from 506.8 meters returned 2.56 grams s...Read More

Since listing on the TSX Venture exchange in May, PGM-focused Clean Air Metals has drilled over 19,000 metres at its wholly owned 30-sq.-km Thunder Bay North project, 50 km northeast of Thunder Bay in Ontario. The site features two parallel intrusions - Current Lake and Escape Lake - which feature platinum group metal (PGM) and copper-nickel mineralization. The mineralization at each of the two st...Read More

Kirkland Lake Gold (TSX:KL) (NYSE:KL) (ASX:KLA) has set its full year production guidance at between 1.3-1.4 million oz. for 2021, driven by strong growth at its Detour Lake mine in Ontario.This is nearly identical to the company's 2020 production target of 1.35-1.4 million oz., though next year's guidance will not include the Holt Complex, which is now on care and maintenance.All-in sustaining co...Read More

As the world's economies start to pick up following the impacts from the Covid-19 pandemic, CPM Group's director of commodities and asset management Carlos Sanchez expects base metals markets to return to normality in 2021, supporting increases in prices."We're already seeing normal supply and demand dynamics returning to pre-pandemic levels for the base metal markets," he said in an interview. "...Read More

Surging offers for both United States and Japan-origin ferrous scrap have left Vietnamese buyers floundering in their wakes, sources told Fastmarkets in the week to Friday December 11.The import markets were muted ahead of the Kanto Tetsugen auction on Thursday December 10, although market sources had largely expected sharp increases in the auction results, Fastmakrets heard.The price surge of alm...Read More

Spot import prices for containerized ferrous scrap into Taiwan hit a historical high in the week to Friday December 11, because of delays to shipments from the United States West Coast, sources told Fastmarkets this week. The delays also led to buyers to look toward bulk deep-sea cargoes due to the high price of the alternative Japanese scrap and a lack of cargo space.Fastmarke...Read More

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For a limited time, Shark Club is offering 20 per cent off their takeout menu on food portion of pick-up orders. Win $200 gift card in 12 Days of Giveaways.Read full newsRead More