Seaborne premium hard coking coal prices plummeted on Tuesday October 20 after market participants lowered their estimates and said the spot market was declining. Fastmarkets indices Premium hard coking coal, fob DBCT: $113.98 per tonne, down $3.90 per tonne  Premium hard coking coal, cfr Jingtang: $126.78 per tonne, down $3.51 per tonne Hard coking coal, fob DBCT: $105.02 per to...Read More

Magna International (MG), a TSX 60 stock moved above $71.00 extending an intermediate uptrend.  Pre-opening Comments for Tuesday October 20thU.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade. Index futures responded to renewed hopes for a fiscal stimulus package.Index futures were virtually unchanged following release of September U...Read More

Seaborne iron ore prices were largely rangebound on Tuesday October 20 but the shortage of iron ore carajas (IOCJ) fines prompted strong trade, market sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $119.61 per tonne, up $0.08 per tonne62% Fe low-alumina fines, cfr Qingdao: $120.05 per tonne, up $0.15 per tonne58% Fe fines high-grade premium, cfr Qingdao: $111.15 per tonne, up...Read More

A summary of BHP's operational review for metallurgical coal and iron ore for its financial first quarter ended September 30, 2020, released on Tuesday October 20. In brief  BHP's group production rose 2% year on year, driven by solid results in metallurgical coal and iron ore.  Its metallurgical coal guidance for its 2021 financial year remained unchanged, although the company would mon...Read More

Vale's iron ore production increased both year on year and quarter on quarter in the three months to September as a result of the resumption of previously halted operations in several mining sites, it said late on Monday October 19.The Brazilian mining major produced 88.68 million tonnes of iron ore in the third quarter, up by 2.3% from the 86.70 million tonnes produced a year earlier, and 31.2% h...Read More

China's domestic rebar prices lost their upward momentum on Tuesday October 20 due to pressure on sellers to draw down their inventories and a subdued futures market. DomesticEastern China (Shanghai): 3,710-3,740 yuan ($555-560) per tonne, unchangedSeveral trading companies are actively selling the rebar in their warehouses due to concerns over high production rates weighing on rebar prices.End-us...Read More

CEO to discuss the Company's recent acquisition and latest exploration project located in a premier and growing gold district in Idaho, the Challis Gold ProjectELKO, Nev., Oct. 20, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, today announced that its Chief Executive Officer, Mr. Edward Karr is scheduled to present and conduct one...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 standard...Read More

The cobalt alloy 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....Read More

Spot-market demand for cobalt metal has remained at minimal levels in recent weeks, leading market participants to question the level of discount that would be achievable in the forthcoming "mating season."Sellers confirmed on Monday October 19 that consumers continued to take any additional requirements of metal from long-term contracts, enjoying discounted prices arranged last year.This has left...Read More

A strengthening of the yuan against the dollar is resulting in higher export offers for Chinese minor metals and ferro-alloys while also making buyers in China more willing to pay higher for imports.Following a strong economic recovery in China after the turmoil caused by the Covid-19 pandemic, the Chinese currency hit a 17-month high against the dollar on Friday October 9 - the first working day...Read More

The price of magnesium in China rose in the week to Friday October 16, supported by active purchasing by exporters looking to secure material for month-end deliveries and rising production costs, market sources told Fastmarkets.Fastmarkets' weekly price assessment for magnesium 99.9%, exw China was 12,300-12,400 yuan ($1,837-1,852) per tonne on October 16, an increase of 200 yuan per tonne (1.6%)...Read More

Shares in Petra Diamonds (LSE: PDL) nosedived after it said it had abandoned plans to sell the company or parts of its business, opting instead for a debt-for-equity restructuring.The struggling South African miner, with operations in its home country and Tanzania, said it had received no viable offers since June, when it put up the "for sale" sign.Petra, which piled up debt to expand its flagship...Read More

Talisker Resources (TSX: TSK; US-OTC: TSKFF) has expanded the drill program at its past-producing Bralorne gold project, 248 km northeast of Vancouver, B.C., for the second time this year, based on encouraging results.The junior has added 5,000 metres to its planned drill campaign for a total of 23,000 metres, up from 11,200 metres initially, and is now adding two drill rigs to the project for a t...Read More

The copper price was trading at its highest since June 2018 on hopes of a U.S. stimulus package, worries about supply from top producer Chile, and robust Chinese economic growth.On the Comex market, copper for delivery in December jumped 2.7% to US$3.1705 per lb. (US$6,990 per tonne) in brisk trade, with more than 1.8 billion lb. of the most active contract traded by 1 pm in New York.The bellwethe...Read More

In this week's episode we take a closer look at the state of technical reporting with SRK's Mark Noppe, Corporate Consultant and Managing Director Australia, and John Pfahl, Principal Consultant (Corporate Advisory) North America. In this wide-ranging interview Mark and John discuss the evolution of technical reporting, the aspirational nature of forward-looking statements, and how investors, regu...Read More

The most recent drill results from the AGB zone within Benchmark Metals' (TSXV: BNCH; US-OTC: CYRTF) Lawyers project in British Columbia hit broad and high-grade intervals of near-surface gold-silver mineralization.The drilling has expanded the AGB zone to the west, to over 600 metres of strike, and from surface to a vertical depth of over 270 metres. The drill holes, announced in a news release,...Read More

Mining giant BHP (NYSE: BHP; LSE: BHP) has shelved a planned US$2.5 billion expansion of its Olympic Dam copper, gold and uranium mine in South Australia, after studies of the ore body revealed weaker than expected results.While the mine yielded more than 50,000 tonnes copper in the three months to Sept. 30, which was the highest quarterly production since 2015, BHP decided against proceeding with...Read More

"#MJStakeholderengagement Podcast - Polymetal CEO Vitaly Nesis says ESG programmes must be targeted and measurable - https://t.co/6MLwnyGiCuPartners: @AccentureMining, #DanakaliLimited, @IsoMetrixGRC, @LME_news & PolymetalInternationalplc#Mining #miningnews #podcast"Read full newsRead More

ANCHORAGE, Alaska (AP) - A search is underway in Alaska for two men who went missing after their gold mining boat overturned. Three men were aboard the dredge on Thursday as it made its way back to Nome's harbor in western Alaska, said Nome Fire Department Chief Jim West Jr., the leader of the local search and rescue team. The boat became caught up in 30 mph (48 kph) winds and flipped, the Anc...Read More