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FMG leads the way with scope 3 targets

October 05, 2021 / www.mining-journal.com

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesIt has already committed to net zero for scope 1 and 2 emissions by 2030.Read More

LIVE FUTURES 19/10: Base metals dip after strong start

October 20, 2021 / www.metalbulletin.com

Base metals on the London Metal Exchange closed lower day on day on Tuesday October 19 after a strong open.The LME zinc three-month price led the decline among the base metals, closing at $3,508 per tonne - down more than 5% from $3,696 per tonne at the open."Even though we believe the LME zinc price can remain elevated...Read More

Russia removes or reduces duties on ferro-alloy exports

October 20, 2021 / www.metalbulletin.com

The Russian government has removed or reduced existing export duties on ferro-alloys, effective October 15, after responding to domestic industry concerns, trade sources said.Russia implemented its latest export tax changes on Friday October 15, a move which included scrapping the export taxon ferro-alloys such as ferro-titanium and ferro-tungsten.On Monday, Russia's Ministry of Economic Developme...Read More

Equatorial Resources launches arbitration against Congolese...

September 30, 2021 / www.mining-journal.com

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThe company, which is headed up by Perth-based resource veterans Ian Middlemas and J...Read More

LME WEEK 2021: Digitalization could provide efficiency and a new route to market

October 20, 2021 / www.metalbulletin.com

Digitalization can provide the metals trading industry with several benefits, including access to buyers' and suppliers' networks, panellists said at an LME Week seminar in London on October 11.The primary driver for adopting digital platforms so far has been that it offers a new route to the market and growth in customer base, said John Eastwood, head of stainless-steel raw materials sales at Ang...Read More

Juukan Gorge a 'wake up call', says report

October 18, 2021 / www.mining-journal.com

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesRio Tinto destroyed the 46,000-year-old caves in May 2020, devastating traditional o...Read More

SA miners facing bigger rise in costs

October 18, 2021 / www.mining-journal.com

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThe annual average input cost escalation in the South African mining sector was 8.58...Read More

Asia steel billet importers fear more volatility in coming months

October 20, 2021 / www.metalbulletin.com

Expectations of further volatility in the steel markets for the remainder of 2021 were influencing buying habits among some importers of steel billet in Asia, sources told Fastmarkets on Tuesday October 19.China's absence from buying on the import steel billet market continued on Tuesday, with consumers able to pay a maximum of $700-710 per tonne cfr for 3sp billet. But prices in Southeast Asia ha...Read More

GULF FLAT STEEL IMPORTS: Prices keep rising despite poor demand

October 20, 2021 / www.metalbulletin.com

Prices for flat steel imports into the United Arab Emirates and Saudi Arabia continued to increase during the week ended Tuesday October 19, but demand was not strong in either country, sources have told Fastmarkets.Energy costs have been increasing in most markets, with steel mills adding these costs to their prices.Although sources said that demand in the two Middle Eastern countries was not ver...Read More

Ariana flags EIA approval for Tavsan

October 14, 2021 / www.mining-journal.com

Tavsan is being developed by local player Zenit Madencilik, in which Ariana holds a 23.5% stake.Read More

Base metals squeezed higher with copper's C/3m spread rising above $1,100/t

October 19, 2021 / www.metalbulletinresearch.com

Base metals prices continued to soar higher this morning, Tuesday October 19, with cash prices rising at an even faster pace while shorts are squeezed. Cash copper prices on the London Metal Exchange were evaluated on Monday evening at $1,103.50 per tonne.* All of the LME base metals’ cash/three-month spreads, except that for aluminium, are in backwardation.* Risk appetite is fairly upbeat de...Read More

CIS STEEL BILLET: Suppliers aggressive but no higher deals

October 20, 2021 / www.metalbulletin.com

Exporters of billet from the Commonwealth of Independent States aggressively increased offers on October 19, although no sales were heard at the higher levels.Fastmarkets' calculation of its daily steel billet index export, fob Black Sea, CIS was $650 per tonne on October 19, up by $1 per tonne...Read More

Roundup 2022 promises welcome surprises

October 18, 2021 / www.mining-journal.com

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThe event, from January 31 to February 3, has been organised with the theme of Engag...Read More

EUROPE HRC: Poor demand from auto sector drives domestic prices down further

October 20, 2021 / www.metalbulletin.com

Domestic prices for hot-rolled coil in Northern Europe and Italy moved downward on Tuesday October 19 on increased supply to the spot market resulting from lower consumption by the automotive sector, sources told Fastmarkets.As a result, buyers have been cautious in their purchasing because they believed that cheaper prices would be available soon.Auto-industry output - and, consequently, steel de...Read More

CHINA CRC, HDG: Buying interest weakens ahead of year-end

October 20, 2021 / www.metalbulletin.com

Trading liquidity for Chinese steel cold-rolled coil and hot-dipped galvanized coil remained quiet in the week ended October 19 after growing fears of export policy changes ahead of the end of the year dented buying interest for Chinese material.Changes in export prices for Chinese CRC and HDG were moderate compared with the previous week, with domestic prices continuing to fluctuate amid supply r...Read More

CIS FLAT STEEL: Prices improve on stronger local market in Turkey

October 20, 2021 / www.metalbulletin.com

Export prices for flat steel product from the Commonwealth of Independent States rose during the week ended Monday October 18 on a stronger local market in Turkey - the key destination for flat steel exports from Russia and Ukraine.Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS was $820-840 per tonne on Monday, up by $20 per tonne from $800-820 per...Read More

Exploration spend jumps 35% to US$11.2 billion

October 18, 2021 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsWith metal prices continuing to be strong S&P Global expects the aggregate exploration budget to increase between 5% and 15% for...Read More

Anglo American, South Africa eye 'hydrogen valley'...

October 12, 2021 / www.mining-journal.com

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resources"Hydrogen presents a significant opportunity for economic development in South Afric...Read More

Guidance for FY22 unchangedBulks

October 19, 2021 / www.mining-journal.com

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesIron ore production was down 3% quarter-on-quarter and 4% year-on-year to 63.3 milli...Read More

McEwen resists predatory offers for Los Azules

October 15, 2021 / www.mining-journal.com

"We are seeing a number of majors looking at Argentina, pressing their noses against the window and looking at Los Azules.Read More

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