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Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

January 12, 2021 / www.metalbulletin.com

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

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

January 12, 2021 / www.metalbulletin.com

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...Read More

European manganese flake price jumps to 3-year high on tight supply, freight costs

January 12, 2021 / www.metalbulletin.com

Soaring freight rates and tightening availability for prompt material pushed European manganese flake prices to a three-year high in the week ended Friday January 8, with more increases expected this week, market sources have told Fastmarkets.Fastmarkets' price assessment for manganese, 99.7% electrolytic manganese flake, in-whs Rotterdam, jumped by 6.8% to $2,450-2,550 per tonne on Friday from th...Read More

ANTIMONY SNAPSHOT: Nearby tightness sends Europe prices to 21-month high

January 12, 2021 / www.metalbulletin.com

Key data from Fastmarkets' Friday January 8 pricing session in London.Key drivers- Antimony was trading at its highest price since April 2019, with tight raw material supply, limited container space and high freight costs continuing to bite, and rises also aided by a...Read More

CHINA SILICON SNAPSHOT: Export price down amid weak domestic market

January 12, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in China on Friday January 8.Key drivers China's silicon exporters lowered their offers amid weakened domestic prices and after receiving limited overseas inquiries. Domestic prices for silicon grade 5-5-3 in China dropped...Read More

CHINA MANGANESE FLAKE SNAPSHOT: Export price jumps amid domestic market strength

January 12, 2021 / www.metalbulletin.com

Key data from the Friday January 8 pricing session in Shanghai. Key drivers Chinese manganese flake exporters raised their offers following gains in the domestic market, where prices rose to around 15,000 yuan ($2,316) per tonne from around 14,000 yuan per tonne before the New Year holiday (January 1-3). Market...Read More

MORNING VIEW: Base metals prices slip as rally runs into resistance, dollar firms

January 12, 2021 / www.metalbulletin.com

Base metals prices were for the most part weaker during morning trading on Monday January 11, while the dollar was firmer in line with strong US treasury yields. Asian-Pacific equities were mixed, while pre-market major western equity index futures were weakerBase metals Three-month base metals prices on the London Metal Exchange were for the most part weaker this morning, the exceptions were lead...Read More

Returning molybdenum buyers find tight nearby availability

January 12, 2021 / www.metalbulletin.com

Molybdic oxide and ferro-molybdenum prices gained ground in the week to Friday January 8 on a mixture of renewed trader buying interest and limited inventories. Fastmarkets' price assessment for ferro-molybdenum 65% Mo min, in-whs Rotterdam settled at $24.80-25.10 per kg on Friday, up from $24.50-25.10 per kg midweek. The price is up 7.5% since the end of 2020 when it stood at $22.90-23.50 pe...Read More

Lithium's rise comes with a warning

January 11, 2021 / www.mining-journal.com

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesDecade of performance: Pitram delivers diamond standard for Argyle diamond mineSPONSOREDmicromineIn time, EVs will win the race against internal combustion engines (ICE) but it will be a race r...Read More

Equinox tops 2020 guidance, produces 477,200 gold oz.

January 11, 2021 / www.northernminer.com

Equinox Gold (TSX: EQX; NYSE: EQX) beat its revised 2020 production guidance and churned out 477,200 gold ounces last year. With 136,400 oz. generated in the fourth quarter, the company exceeded its prior forecast of 425,000 to 465,000 oz. for the year.The 2020 production numbers included gold poured during the ramp-up and commissioning of the Castle Mountain open-pit mine in California, which rea...Read More

Seaborne manganese ore prices surge following alloy market

January 12, 2021 / www.metalbulletin.com

The seaborne prices of both low- and high-grade manganese ore rose sharply in the week ended Friday January 8 after miners successfully raised their offer prices for February shipments with strong buying appetite from the alloy sector. Fastmarkets' manganese ore index 37% Mn, cif Tianjin soared by 41 cents (10%) week on week to $4.53 per dry metric tonne unit (dmtu) on Friday from $4.12 per d...Read More

New Found Gold hits shallow high-grade in Keats step-out

January 11, 2021 / www.northernminer.com

New Found Gold (TSXV: NFG) has released partial assay results for four holes completed at the Keats zone and for six initial holes completed at the Little-Powerline zone within its Queensway gold project in Newfoundland.The Keats results included high-grade, near surface intercepts. Highlights were 10.4 metres of 22.5 grams gold per tonne from 11.7 metres and 15.9 metres of 31.4 grams gold per ton...Read More

Mongolia threatens to revoke Rio Tinto's plan for Oyu Tolgoi

January 11, 2021 / www.northernminer.com

The Government of Mongolia may cancel and replace the development and financial plan for the country's vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) said today.The company, which is controlled by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), said Mongolian authorities are dissatisfied with its plans and are particularly concerned about the costs of the expansion, re...Read More

Canada Nickel mulls using Glencore's processing facility in Ontario

January 11, 2021 / www.northernminer.com

Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has inked a deal with Glencore (LSE: GLEN) to explore the potential use of the miner and commodities trader's Kidd concentrator and metallurgical site in Timmins, Ontario.The Toronto-based nickel producer would use the facility for the treatment and processing of material mined from its Crawford nickel-cobalt sulphide project, which is located 40 k...Read More

TSX up, Jan. 4-8

January 11, 2021 / www.northernminer.com

The S&P/TSX Composite Index rose 3.37% to 18,042.07 during the Jan. 4-8 trading week. The S&P/TSX Global Mining Index climbed 7.22% to 109.70, and the S&P/TSX Global Base Metals Index jumped 10.23% to 156.09. Spot gold dropped US$48 per oz., or 2.53%, to US$1,850 per oz., and the S&P/TSX Global Gold Index rose by 1.8% to 321.10.Teck Resources advanced $1.76 to $24.86 per share. The company signed...Read More

US markets mixed, Jan. 4-8

January 11, 2021 / www.northernminer.com

The Dow Jones Industrial Average rose 1.61% to finish the week at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped US$48 per oz., or 2.53%, to US$1,850 per ounce.Rio Tinto jumped US$11.47 to US$86.69 per share. U.S. President Donald Trump's outgoing administration plans to approve a land swap on Jan. 15 that the company and its partners need to build the Resolution coppe...Read More

Electric cars rise to record 54% market share in Norway in 2020 #EV

January 11, 2021 / reut.rs

The sale of electric cars in Norway overtook those powered by petrol, diesel and hybrid engines last year, with German auto-maker Volkswagen replacing Tesla as the top battery-vehicle producer, new data showed on Tuesday.Read full newsRead More

Why Gold Mining Stocks Outperform Gold in Bull Markets

January 11, 2021 / dlvr.it

Why Gold Mining Stocks Outperform Gold in Bull Markets Gold is highly revered for its great returns and resilience during economic downturns, ...Read full newsRead More

Parbec Assays 13m of 1.72 g/t Au in the Sediments @RenforthRes $RFR

January 11, 2021 / bit.ly

Renforth Resources Inc. is pleased to provide shareholders with tRead full newsRead More

.@PiedmontLithium $PLL Announces Strategic Investment in Quebec Hard-Rock Lithium Developer Sayona Mining

January 11, 2021 / bit.ly

US$12 million investment to acquire 19.9% of Sayona Mining LimiteRead full newsRead More

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