China's hot-rolled coil exporters kept their offers high on Tuesday January 5 amid sustained gains in the domestic market.DomesticEastern China (Shanghai): 4,590-4,610 yuan ($710-713) per tonne, up 30-50 yuan per tonneSeveral Shanghai-based traders said sellers in the city raised their offers after Monday's active trading, but the move dampened demand in the spot market.One of the traders believes...Read More

China's domestic rebar prices stopped rising on Tuesday January 5 on expectations of a drop in demand. DomesticEastern China (Shanghai): 4,510-4,530 yuan ($697-700) per tonne, unchangedEnd-user demand for rebar is decreasing gradually due to falling temperatures, which halted the upward trend in the spot market, though futures edged up during the day. Restocking demand was absent from the market,...Read More

Strong gains were seen across the base metals on the London Metal Exchange at the start of the week and most of the metals in London and all the metals on the Shanghai Futures Exchange were up again this morning, Tuesday January 5. Control of US Senate, with the run-off elections in Georgia, could be market-moving......two democratic wins would strengthen President-elect Joe Biden's hand and that...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...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,...Read More

China's finance ministry has reduced the subsidies for electric vehicles (EVs) for 2021 by 20%, a move most market participants say they had expected.The Chinese government body announced the the new EV subsidy policy for 2021 on December 31, 2020, which included a 20% reduction year on year as planned. Under the new policy for 2021, the subsidy for pure electric vehicles (PEVs) with a driving ran...Read More

Chinese battery materials producer GEM has signed a memorandum of understanding (MoU) with partners of its Indonesian joint venture to double its stake in the project, the company said on Monday January 4.The joint venture, QMB New Energy Materials, was established in January 2019 following investment by Tsingshan Group, GEM, Brunp Recycling, Indonesia Morowali Industrial Park (IMIP) and Hanw...Read More

Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineThe daily challenges of the pandemic on governments across...Read More

Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources (TSX: TMR) by China's Shandong Gold Mining, TMAC has found itself in the arms of a Canadian white knight - Agnico Eagle Mines (TSX: AEM; NYSE: AEM).On Jan. 5, Agnico announced a friendly bid for TMAC of $2.20 per share - 45 ? per share higher than the $1.75 per share Shandong had offered....Read More

This week's episode features advisor Andrew Cheatle in discussion with Northern Miner group publisher Anthony Vaccaro at the Global Mining Symposium. Andrew explains how mining companies can practically contribute to their local communities and how good business principles can help the UN achieve its 17 Sustainable Development Goals for 2030.All this and more with host Adrian Pocobelli.Music Credi...Read More

Probe Metals (TSXV: PRB; US-OTC: PROBF) has released assay results for 12 holes drilled as part of its 2020 expansion drill program within the Monique property at its Val d'Or East gold project. The results suggest ongoing expansion of the I and M gold zones along strike and at depth, as predicted by the company's three-dimensional geological model.The drill highlights included 10 metres of 2.4 gr...Read More

We are into a new year, and in the U.K. we face a near-perfect storm. On top of the depressing weather, Brexit has finally come into effect (after the 11-month transition period) just as we face a new variant of Covid-19.Yes, we have a post-Brexit trading deal with the European Union (E.U.), but the U.K. faces a difficult start to 2021 because of additional border bureaucracy and uncertainty about...Read More

Intercontinental Gold and Metals (TSXV: ICAU) has completed the first zinc-silver concentrate shipment from its toll processing facility in Bolivia.The commodity trading firm reported that the initial shipment added up to 420 tonnes of zinc-silver concentrate. The zinc concentrate graded in excess of 50% zinc and over nine ounces of silver per tonne with no material impurities or penalties."This e...Read More

Lucara Diamond (TSX: LUC) said Botswana has renewed the company's mining licence for its Karowe mine for another 25 years, paving the way to fully move the mine's underground expansion to its execution phase.President and CEO Eira Thomas said the licence renewal and extension was an important milestone for the underground expansion of Karowe, as it eases the completion of a supplemental debt fi...Read More

Hedge funds increased bets against major gold miners, filings reviewed by Reuters showed, as COVID-19 vaccines weakened expectations for the yellow metal after a year of record gains.Read full newsRead More

Hedge funds increased bets against major gold miners, filings reviewed by Reuters showed, as COVID-19 vaccines weakened expectations for the yellow metal after a year of record gains.Read full newsRead More

Shares of Agnico Eagle Mines fell on Tuesday after it agreed to buy TMAC Resources for about C$286.6 million ($225 million), two weeks after Canada's government rejected Shandong Gold Mining's bid for the indebted company on national security grounds.Read full newsRead More

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

The best gold miner ETFs for Q1 2021 are SGDJ, RING, and GDXJ.Read full newsRead More

In a recent Stockhouse Media podcast, we introduced our investor audience to an intriguing mining play in the heart of Canada's most prolific helium region - Southern Saskatchewan. No longer just the breadbasket of Canada, investors are now waking up to a new play that's very much part of the New GrRead full newsRead More