China's domestic rebar prices recovered some losses on Thursday October 22 on good demand and a drop in inventory levels.DomesticEastern China (Shanghai): 3,710-3,740 yuan ($557-562) per tonne, up by 10 yuan per tonneEnd users purchased cargoes at a steady pace in the past four days of this week, which drew down inventory levels. China's spot rebar market had 7.3 million tonnes of the product on T...Read More

Base metals prices on the London Metal Exchange were weaker this morning, Thursday October 22, this after a day of general strength on Wednesday that saw copper prices climb, intraday, back above $7,000 per tonne. Concerns that an additional stimulus package in the United States may struggle to get agreed before the presidential election has weighed on sentiment. Forecasts from the International L...Read More

China's domestic stainless steel prices narrowed upward in the past week on nickel gains. The three-month nickel contract on the London Metal Exchange ended Wednesday October 21's official trading session at $16,101 per tonne, up by $949 per tonne (6.3%) from $15,152 per tonne a week earlier.Higher nickel pig iron prices also gave additional support to the stainless steel market. Fastmarkets' week...Read More

Strong stimulus programs and an introduction of fines on CO2 emissions have helped Europe to lead the way this year on electric vehicle (EV) sales, according to Ernie Ortiz, president and managing director at Lithium Royalty Corporation."Sales are strong enough that Europe can even take the crown for the largest EV market this year," Ortiz said during the Focus Day on electric vehicles at the Lond...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, $/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

The price of cobalt metal in China's domestic market widened downward in the first half of this week, pressured by lackluster spot demand while consumers opted for cheap imported briquette and off-grade cathode.Fastmarkets' price assessment for cobalt 99.87% Co min, ex-works China was 265,000-275,000 yuan ($39,807-41,310) per tonne on Wednesday October 21, widening downward by 5,000 yuan from 270,...Read More

The European spot ferro-silicon market, which had been recovering in August and September after falling around a quarter in price since February, looks set to extend its recent steady trend in the near term supported by relatively low availability, trade sources told Fastmarkets. Demand from steelmakers has recovered since the seasonal summer slowdown, with consumers showing buying interest initia...Read More

Fastmarkets has today amended its price assessments for ferro-vanadium and vanadium pentoxide, both in the fob China market.After a consultation period that began on September 22, Fastmarkets has amended the fallback measures to its two Chinese vanadium fob price assessments amid a significant drop in spot liquidity in China's vanadium export market. In the absence of spot trades either...Read More

Fastmarkets today launches two weekly Chinese domestic price assessments for vanadium nitrogen and vanadium pentoxide (V2O5), expanding its current price coverage of the vanadium market.Following a month-long consultation, Fastmarkets has launched two new price assessments, namely vanadium nitrogen, basis 77%V, 16% N, ex-works China and vanadium pentoxide 98% V2O5 min, ex-works China, to complemen...Read More

Quebec-focused gold explorer Bonterra Resources (TSXV: BTR; US-OTC: BONXF) announced the most recent results from the drill program at its Barry project, located within the Abitibi Greenstone Belt in the province.The company resumed drilling operations at Barry in July, putting two drills into operation. One was on a barge at Lake Limpide, while the other was on dry land, and the combined explorat...Read More

Following its listing on the Toronto Stock Exchange on Oct.13, Newcrest Mining (TSX: NCM; ASX: NCM), Australia's largest gold producer, hopes to improve the company's global visibility and increase its North American investor base.A spokesperson for the company said via email that a North American listing was "part of our strategy of pursuing growth in the Americas," adding that Newcrest pursued...Read More

The Canadian Mining Hall of Fame will welcome five new members at its July 2021 gala dinner and induction ceremony, An Evening Under the Stars, to be held at the prestigious Aga Khan Museum in Toronto.Due to the Covid-19 pandemic and the restrictions around gatherings, the gala dinner and induction ceremony will be organized in compliance with Ontario's Phase 3 guidelines where 100 people are perm...Read More

Kodiak Copper (TSXV: KDK) has released complete assay results for drill hole 20-004, after reporting partial assays in September, and new assays for drill hole 20-002, which were completed at the Gate zone within its wholly owned MPD project in British Columbia.The latest intercepts indicate a "large zoned and significantly enriched copper-gold envelope at Gate," which would be typical for porphyr...Read More

Russia's top gold producer Polyus (LSE: PLZL) says its giant Sukhoi Log gold deposit in Siberia is the world's biggest by reserves, both among greenfield assets and operating mines.The deposit holds 40 million oz. proven gold reserves as measured by international JORC standards, the company announced on Oct. 22. This means Sukhoi Log, which translates to "dry gully" in English, contains a fifth of...Read More

Global platinum demand is set to fall by 7.2% in 2020, with the Covid-19 pandemic driving significantly lower demand from the auto and jewellery sectors, according to GlobalData, a U.K.-based data analytics firm.Typically these two sectors would account for 34% and 24% of total demand, respectively, with the remainder for industrial uses and investment, GlobalData reports."China and Japan are the...Read More

A weaker U.S. dollar, rising inflation risks and demand driven by additional fiscal and monetary stimulus from major central banks will spur a bull market for commodities in 2021, Goldman Sachs said on Thursday.Read full newsRead More

Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More

TORONTO, Oct.22, 2020(GLOBE NEWSWIRE) -- FenixOro Gold Corp. (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleased to announce the final data set from the...Read full newsRead More

By Hoban Law GroupAs previously reported by Hoban Law Group and its Ecuador attorney X...Read full newsRead More