Many Chinese steelmakers switched up their sinter feed ratios to consist of more low and high-grade iron ore amid rising prices for mid-grade products in the third quarter, sources said.This trend appeared short-lived when iron ore prices declined in the last couple of months but with coke becoming costlier in China, blends of low and high grades of iron ore appear to be making a comeback.Surging...Read More

Iron ore prices in the futures and seaborne markets both went down on Tuesday November 3, sources said, adding that weak sentiment amid increasing shipments had depressed the prices. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $117.09 per tonne,down $0.97 per tonne62% Fe low-alumina fines, cfr Qingdao: $117.63 per tonne,down $1.02 per tonne58% Fe fines high-grade premium, cfr Qingdao:...Read More

Seaborne coking coal prices remained relatively flat across the board on Tuesday November 3 amid a market lull, while market participants expressed their concerns for the market outlook.Fastmarkets indicesPremium hard coking coal, fob DBCT: $107.76 per tonne, down $0.19 per tonne Premium hard coking coal, cfr Jingtang: $134.94 per tonne, unchangedHard coking coal, fob DBCT: $95.03 per tonne, down...Read More

Here are five Fastmarkets stories you might have missed on Tuesday November 3 that are worth another look.Flying taxis and skyports could become a reality over the next 20 years, according to Shin Jaiwon, Hyundai Motor Group's executive vice president and head of the newly established Urban Air Mobility...Read More

China's domestic rebar prices lost upward momentum on Tuesday November 3 on a weaker futures market and amid rising concerns over mills profiting from high rebar output.DomesticEastern China (Shanghai): 3,810-3,840 yuan ($569-574) per tonne, unchanged Some buyers cut procurement rates on seeing the weaker futures market, but while trading activity dropped off slightly, most end...Read More

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Tuesday November 3, after markets were encouraged by generally robust manufacturing purchasing managers' index (PMI) data that came out on Monday. Regardless of who wins the US presidential election, the markets expects the liquidity pumps to remain switched on......which is suppor...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 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 Chinese government has launched a new energy vehicle (NEV) industry development plan that will see NEV sales account for 20% of the country's total vehicle sales by 2025.The plan, which covers the period from 2021 to 2035, will also see battery-electric vehicles dominating new vehicle sales by 2035. By that time, China's goal is to have all of its public transport running on electric power.Ann...Read More

Africa-focused Rainbow Rare Earths (LSE: RBW) has signed an agreement with Bosveld Phosphates to co-develop the Phalaborwa rare earths project in South Africa.The asset contains about 35 million tonnes of gypsum resulting from historic phosphate hard rock mining, containing rare earth elements (REEs) with an estimated average in-situ grade of 0.6% total rare earth oxides (TREOs), the companies sai...Read More

Drilling at O3 Mining's (TSXV: OIII) Malartic property in Val d'Or, Que., hit near-surface extensions of the Kierens gold deposit, outside of the proposed pit outlines defined in a September preliminary economic assessment (PEA).The company has released assay results for four drill holes, all of which hit the Kierens-Norlartic zone at shallow depths and suggest that the Kierens deposit comes close...Read More

This week's episode featured Professor Dennis Buchanan, senior research fellow and director of the MSC in metals and energy finance in the department of Earth science and engineering at Imperial College in London. Dennis discusses his courses on mining and finance at Edumine.com, and the importance of building interdisciplinary skills to better understand the business of mining. He also describes...Read More

Mexico-focused Torex Gold Resources (TSX: TGX) is the latest gold miner to report surging profits on the back of a strong gold price.For its third quarter, Torex poured 131,790 oz. gold at all-in sustaining costs (AISCs) of US$877 per oz. at its El Limon Guajes mine in Guerrero state. At the same time, it sold over 133,000 oz. gold at US$1,884 per oz. - making for a stellar quarter.The company pos...Read More

Pink diamonds, already rare, are about to get scarcer as Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has closed its iconic Argyle diamond mine, the world's biggest and the main global source of high-quality pink diamonds.Since opening its doors 37 years ago, the mine in Western Australia produced 865 million carats of rough diamonds and became the source of about 90% of the world's prized rose-to-ma...Read More

Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Minor premiers Port Adelaide got knocked out of the AFL grand final, and now BHP has added to SA's misery by deciding against a US$2.Read More

Regardless of who wins the U.S. election this week, the gold market is set to benefit, particularly gold miners, James Rasteh from Coast Capital said.Read full newsRead More

Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More

Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More

Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More

Rob McEwen, Chairman and CEO of McEwen Mining, joins us to answer your questions and share his insights about the mining industry. Visit our website https://...Read full newsRead More