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...Read More

Argonaut Gold (TSX: AR; US-OTC: ARNGF) has executed a fixed bid engineering, procurement, construction and commissioning contract (EPC contract) with Ausenco, an engineering and construction management company. The EPC contract covers construction of the Magino processing facility and other parts of the Magino open-pit pre-development project in Ontario and covers approximately 40% of the $480 to...Read More

Victoria Gold (TSX: VGCX) says an agreement with a syndicate of banks for a secured US$200 million debt facility will cut carrying costs by about 50% in 2021. The credit facility consists of a US$100 million term loan and a US$100 million revolving facility.The loan was used to repay the company's previously outstanding project finance facility, which included senior and subordinated debt that was...Read More

Australia's Lucapa Diamond (ASX: LOM) has kicked off 2021 with a bang with its recovery of a 113 carat gem-quality diamond from its Lulo mine in Angola, the seventeenth rock over 100 carats found at the asset.The company said the discovery was "particularly significant" as it demonstrated that large, high-value diamonds are present in the area that is the focus of its exploration program."Thi...Read More

UK-based conglomerate GFG Alliance has finalized the purchase of manganese alloy smelter Tasmanian Electro Metallurgical Co (Temco) in northern Tasmania, Australia, from Western Australia-based miner South32.The deal was subject to a binding sale and purchase agreement with South32 and Anglo American, made in August last year, and meant that Temco would join Liberty Steel Group as part of the GFG...Read More

The rapid and significant falls in manganese ore prices in 2019 and 2020 have created "frozen stocks," which are believed to have acted as a buffer for the ore market while also demonstrating some different characteristics over both years, sources told Fastmarkets.Fastmarkets' manganese ore index 37% Mn, cif Tianjin ended 2019 at $3.92 per dry metric tonne unit (dmtu), a decline of $2.19 per dmtu...Read More

Sustainable mining of lithium - a critical raw material in the manufacturing of lithium-ion batteries that also plays a pivotal role in vehicle electrification - has come under increased scrutiny over the past year amid an accelerated shift toward electric vehicles (EVs).This has prompted a raft of lithium incumbent and junior miners to disclose their environmental commitments over the course of 2...Read More

FPX Nickel's President & CEO Martin Turenne participated in the Mines and Money Pitch Battle. Listen now!Read full newsRead More

/PRNewswire/ -- All through history, people have found security in gold during good times and especially in times of crisis. There are many purported reasons...Read full newsRead More

With the market turning away from the yellow stuff, it's little surprise this gold mining company's stock suffered.Read full newsRead More

Zimbabwe continues to lose money from its gold mine through illicit trade and government monopoly.Read full newsRead More

For anyone that works, commuting might just be the worst part of the day. So with WFH and less time commuting, could we see a drastic change in the cities we...Read full newsRead More

Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More

Rover Metals Corp. is pleased to announce that it submitted a perRead full newsRead More

Bitcoin has appreciated exponentially lately. It’s four times where it was trading a year ago. At US$32,795, it could be in a bubble. At least, it’s probably not a good time to buy. Though, investors who are bullish on it can still hold what they have as a part of a diversified portfolio.Historically, when the U.S. dollar falls relative to other currencies, the price of gold tends to r...Read More

Gold surged back above US$1,900 to start 2021. At the same time, Bitcoin dropped from its records highs. Investors are trying to decide if Bitcoin or gold is a better bet in 2021.Is this the right time to sell Bitcoin and add gold stocks to your portfolio? Why gold stocks look oversoldGold stocks peaked at the end of the summer and have since drifted lower. For example, Barrick Gold (TSX:ABX) (NYS...Read More

Deloitte, a leading professional services firm, sees a slow recovery of the U.S. economy in 2021, with gross domestic product (GDP) slipping by 1.7%. Vaccine development was the good news in December 2020, propping up stocks. However, COVID-19 has inflicted severe damage that even trillions of dollars in stimulus plans can’t stave off a market crash forever.A signal that something isn’...Read More

I've got some great news...This article isn't about the election, coronavirus, or Congress.Even better, it's about something that's massively significant to your life, my life, and the fabric of America's freedom. And it's also about the top issue on Trump's mind this week.How do I know?It's not from Twitter or the news - but rather from the most significant communications channel still at Trump's...Read More

Here are five Fastmarkets stories you might have missed on Tuesday January 5 that are worth another look.Russia's government has done as was expected and has approved an increase in the export duty to be applied to ferrous scrap for the next six months.London Metal Exchange...Read More

Three-month LME copper and tin prices continued to rise on Tuesday January 5, with the red metal coming close to its 2020 high, on a day when the rest of the base metals all saw increases, supported by a low US Dollar Index.Copper's three-month price settled at $8,002 per tonne on Tuesday at the 5pm close, just a few dollars short of the metal's 2020 high of $8,028 per tonne reached on Decemb...Read More