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 grade, in-whs...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, $/lb...Read More
An overview of the consumer electronics markets and their latest price moves on Wednesday November 17.Ruby Liu and Zihao...Read More
Key data from the Wednesday November 17 pricing session in China.Key drivers China's spot cobalt metal price fell amid a decline in local futures prices, while downstream demand was curbed by still high spot levels. Cobalt tetroxide prices in China were flat amid limited trading activity. Though most sellers would like...Read More
The European Commission (EC) has set definitive anti-dumping duties at rates of 10.2-35.3% on imports of stainless steel cold-rolled flat products originating in India and Indonesia.This decision, which was published in the Official Journal of the EU on Thursday November 18, follows the imposition of preliminary duties on May 27.The EC calculated preliminary anti-dumping duties on products from In...Read More
In July, Dundee Precious Metals (TSX: DPM), which held a 23.5% stake in Ecuador-focused INV Metals, acquired the remaining shares in the junior exploration company that it did not already own in an all share deal.Dundee acquired the shares for about 80 ? - a 63% premium to INV Metals' closing price on the Toronto Stock Exchange on May 28. Iamgold (TSX: IMG; NYSE: IAG), INV's largest shareholder at...Read More
Thor Explorations (TSXV: THX; LSE: THX) has released an inferred resource estimate for its Makosa deposit in the southern portion of the Douta gold project in Senegal.Makosa contains 15.3 million inferred tonnes grading 1.5 grams gold per tonne for 730,000 oz. of contained gold. The estimate was based on 35,728 metres of drilling. The Makosa resource encompasses the Makosa, Makosa North and Makos...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has awarded a 500,000 tonnes per annum direct-to-blister copper smelting plant contract for the Kamoa-Kakula Complex to China Nerin Engineering.The smelter will be the most extensive of its kind in Africa and one of the largest single-line flash smelters in the world.The US$700 million project is expected to speed along Ivanhoe's ambition to produce environm...Read More
The dawn of a new commodity boom is on the horizon. Base metal prices are rallying and miners are on a global quest for metals to fuel the shift into the green energy and electric vehicle era. Meanwhile, industry discourse surrounds the recognition that for full electrification the world is going to need to mine a lot more - and a lot smarter.A new Edumine course: 'What is Mining' answers the ques...Read More
Chinese nickel sulfate producers face difficult annual contract negotiations for 2022, with upstream miners taking an aggressive stance while downstream battery precursor material producers are hinting at lower demand amid plans to implement integrated operations.The Chinese nickel sulfate price has undergone considerable volatility in 2021, climbing in August to its highest since Fastmarkets bega...Read More
TheNewswire November 18th, 2021 - Opawica Explorations Inc. engagRead full newsRead More
Medallion Metals Limited (ASX:MM8, theRead full newsRead More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Metals Focus, a leading independent precious metals research consultancy, estimated that gold jewelry market in the United States has remained robust through 2021, despite the slump in consumer confide...Read More
(Kitco News) According to analysts, with all eyes on the U.S. President Joe Biden's Federal Reserve Chair pick, gold is waiting for its next catalyst to take it to $1,900 an ounce, with markets eyeing year-end volatility.Gold is wrapping up this trading week down 1%, with December Comex gold futures last trading at $1,848.60, down 0.69% on the day.One of the main events the market is watching very...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - According to data by the Australian Government Department of Industry, Science, Energy and Resources (DISER), in 2021, world gold supply is forecast to increase by 2.7% to 4,840 tonnes, driven by highe...Read More
(Kitco News) - Although many Wall Street analysts expect gold prices to remainabove their breakout levels, sentiment has fallen from last week as theprecious metal is likely to consolidate in the near term.The gold prices didn't see much follow-through following theprevious week's breakout rally. However, many analysts have said that they areencouraged because prices have held well above critical...Read More
WASHINGTON, Nov 19 (Reuters) - President Joe Biden's $1.75 trillion bill to bolster the social safety net and fight climate change passed the U.S. House of Representatives on Friday, sending it to the Senate where negotiations will continue.The House passed the measure in a 220-213 vote, which was postponed after an overnight speech by the chamber's top Republican opposing the measure.Its fate is...Read More
Inflation has been building for many months, said Thorsten Polleit, chief economist at Degussa.In November Polleit spoke to Kitco at the Deutsche Goldmesse show in Frankfurt, Germany.Last week the the U.S. Labor Department said headline inflation rose 6.2%, the largest yearly increase in headline inflation since November 1990.The Biden administration and Fed officials have stated that inflationary...Read More
It was 1:30 p.m. on a lazy Sunday. The sun was out and the weather was perfect, and so I settled back into my chair to enjoy a glass of spiked iced tea. But before I could finish a single sip, the 71,000 strangers sitting around me suddenly leapt to their feet, screaming at the top of their lungs, the air reverberating around me with a thunderous roar. My moment of peace was interrupted. So what e...Read More
Last weekwas pivotal for the precious metal's complex, with the gold price breakingthrough key resistance at $1840. Inside of a run that saw the safe-haven metalmove higher on seven consecutive trading sessions, it was last Wednesday'sprice action that finally broke this level, closing the session on a strongmove higher with excellent volume. Afterpassing the $1,840, which was also downtrend line...Read More