Eastern China's domestic prices were unchanged on Friday November 13 amid healthy demand ahead of the weekend despite early losses in the futures market. Spot prices in the region ended the week 170 yuan per tonne higher, however. DomesticEastern China (Shanghai): 4,060-4,090 yuan ($614-619) per tonne, unchanged Northern China (Beijing) weekly assessment: 3,930-3,960 yuan per tonne, up by 170 yuan...Read More
The London Metal Exchange three-month price for aluminium was at a year-to-date high and spreads have flipped back into contango, but bullish futures have yet to materialise in a bullish physical market, Fastmarkets heard on Thursday November 12.The benchmark three-month aluminium price has remained consistently above $1,900 per tonne this week. It hit a year-to-date high of $1,935 per tonne on No...Read More
German carmaker Mercedes-Benz will soon transition to sourcing cobalt and lithium for electric vehicles (EV) batteries only from certified mines to reduce the environmental and social impact of its supply chains, it said on Thursday November 12.The company added it is planning to shift away from cobalt usage in the coming generation of batteries and it is exploring different battery's chemistries....Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Charlotte Radford, Cristina Belda and Declan Conway contributed...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...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningTSX-listed Turquoise Hill (TRQ) said on November 4 arbitration "will provide needed...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 hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 hydroxide p...Read More
The cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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
David Rosenberg, chief economist and strategist at Rosenberg Research & Associates, has spent a lifetime analyzing trends and identifying future shifts in the global economy and financial markets.But even the celebrated economist is a little confounded by the scale and nature of the current global economic crisis and acknowledges it's hard for many investors to chart a clear path forward."In a wor...Read More
Shares in lithium explorer and developer Bacanora Minerals (LSE: BCN) surged after it announced its Chinese partner had more than doubled its stake in the company's Sonora project in Mexico.Cornerstone investor Gangfeng Lithium, China's largest producer of the battery metal, will invest ?21.8 million (US$29 million) to increase its holding in Bacanora's flagship project from 22.5% to 50%.Bacanora...Read More
The southwestern United States has a long-standing history of mining and remains one of the nation's top mineral regions. With existing infrastructure, an established regulatory and permitting regime and prospective geological terrain, many companies in the exploration space have a renewed interest in this destination. Below, we present eight companies active in the southwest United States.Bunke...Read More
A panel of cybersecurity experts from across the industry kicked off the Global Mining Symposium this week with a discussion of how mining companies can build cybersecurity-resilience into their operations.Yogen Appalraju, a partner and cybersecurity leader at Ernst & Young Canada, moderated the panel, which consisted of Chandra Majumdar, Ernst & Young's cyber threat management leader, David Rae,...Read More
Limited availability of aluminium scrap in the United States continued to cause problems for consumers, but increased spot market offers, according to market sources.Additionally, finding available trucks to move cargoes, which has been an issue in many markets since the Covid-19 pandemic caused demand to plummet, was more pervasive this week than it had been previously. Demand for trucks recovere...Read More
Chilean copper producer Codelco has decided to extend the mine life of the open-pit operation of Chuquicamata for one year, producing 30,000 tonnes more than previously planned, the company said on Thursday November 12.The state-owned miner initially expected to completely shift to underground exploration of the unit in December 2020, but some design adjustments and the current performance of the...Read More
Dr. Copper is clearly predicting an economic recovery but, in the meantime, gold is a useful prescription to boost mined wealth.Read full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
It's estimated that they hold over 30,000 tonnes of gold.Read full newsRead More
ALX Resources Corp. (TSXV:AL,FWB:6LLN,OTC:ALXEF) has launched its campaign on the Investing News Network.Read full newsRead More
Getchell Gold Corp. a leading Nevada focused Gold and Copper explRead full newsRead More