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MORNING VIEW: Base metals upbeat despite numerous global headwinds

November 21, 2020 / www.metalbulletin.com

The base metals were generally upbeat this morning, Friday November 20, supported by demand expectations and a weaker dollar. Metals unfazed by US Treasury Secretary Steven Mnuchin's call not to extend emergency lending programs to businessesEuropean Union still struggling to pass its ?,?1.18 billion ($1.40 billion) coronavirus rescue packageBase metals Three-month base metals prices on the London...Read More

COBALT SNAPSHOT: Cobalt market unchanged; contract talks slow

November 21, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session on Friday November 20.Key drivers Transacted volumes were low in the daily pricing session, continuing a recent theme that was a result of the focus on annual contract discussions for both metal and hydroxide. Three sources that they had concluded some contracts, but others said...Read More

AEROSPACE MATERIALS MARKET REPORT: Tantalum price hits new year-low on little buying interest

November 21, 2020 / www.metalbulletin.com

An overview of the aerospace materials markets and the latest price moves.Charlotte Radford and Ewa Manthey in London, Susan Zou, Amy Lv...Read More

SPECIALTY STEEL RAW MATERIALS MARKET REPORT 20/11: Manganese flake price jumps on surging freight costs

November 21, 2020 / www.metalbulletin.com

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

Trade Log: Cobalt alloy grade, in-whs Rotterdam, $/lb

November 21, 2020 / www.metalbulletin.com

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.Fastmarkets...Read More

Trade Log: Cobalt standard grade, in-whs Rotterdam, $/lb

November 21, 2020 / www.metalbulletin.com

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

Trade Log: Cobalt hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end)

November 21, 2020 / www.metalbulletin.com

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.....Read More

Brixton Metals Announces Closing of $4.46M Private Placementand Adds Mr. Brock Riedell as Senior Technical Advisor to the Company

November 20, 2020 / brixtonmetals.com

November 20, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce that it has closed a non-brokered private placement of flow-through common shares of the Company for gross proceeds of C$4,461,120 (the “Private Placement“). Each flow-through share (a "FT Share") was issued at a price of C$0.36 and is comprised of one common flo...Read More

Victoria Gold's John McConnell on launching a mine during a pandemic

November 20, 2020 / www.northernminer.com

Victoria Gold (TSXV: VGCX) commenced production at its Eagle heap-leach mine in the Yukon on July 1 - perhaps the only new gold mine in the world to launch in the midst of a global health crisis."It's going reasonably well, but if I had my druthers, then we wouldn't be ramping-up a new gold mine during a pandemic," John McConnell, Victoria Gold's president and chief executive, said during The Nort...Read More

Video: David Rosenberg on precious metals and macroeconomics at the Global Mining Symposium

November 20, 2020 / www.northernminer.com

David Rosenberg - Featured Speaker - GMS: November 12th, 2020 from The Northern Miner on Vimeo.Read More

Bluestone hits highest-grade yet at Cerro Blanco in Guatemala

November 20, 2020 / www.northernminer.com

Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has reported the highest-grade gold assay to date at its wholly owned Cerro Blanco gold project in Guatemala, 160 km southeast of Guatemala City.As part of an underground drill program in the South Zone, drill hole UGCB20-180 intersected 1 metre grading 1,380 grams gold per tonne and 2,194 grams silver per tonne from 175 metres downhole. The intercep...Read More

Paulson & Co. pushes to close Midas Gold's Vancouver office

November 20, 2020 / www.northernminer.com

Investment management firm Paulson & Co. said today it would call a special meeting of shareholders to "refresh" Midas Gold's (TSX: MAX) board, in which the New York-based company has a 44.1% stake.Paulson said the move comes ahead of a major federal permit Midas is set to receive next year, as the public comment period closes on the draft environmental impact statement (EIS) for the company's Sti...Read More

Zambia's copper output increases as country defaults on foreign debt

November 20, 2020 / www.northernminer.com

Zambia, Africa's second-largest copper miner, produced 646,111 tonnes of the metal in the first nine months of 2020, up from 590,321 tonnes in the same period last year, official figures show.The country's mines and minerals ministry attributed the 9.45% rise to increased mine output. The East African nation now expects total production for the year to reach 820,000 tonnes, driven by rising copper...Read More

US A380.1 secondary Al alloy spreads vs A360, A413 at record lows

November 21, 2020 / www.metalbulletin.com

Secondary aluminium alloy prices continued to rise on Thursday November 19, with the spreads between the benchmark A380.1 and the less liquid A360.1 and A413.1 grades at the narrowest point since Fastmarkets began assessing these prices.Fastmarkets assessed aluminium alloy A380.1, delivered Midwest at 93-95 cents per lb on November 19, up 3.3% from 90-92 cents per lb the previous week and up ...Read More

S KOREA STEEL SCRAP: Mills avoid expensive imports, focus on local scrap

November 21, 2020 / www.metalbulletin.com

Steelmakers in South Korea have focused on procuring steel scrap from their domestic market, along with some cut-price deals from Japan, over the past week, sources said on Friday November 20.At least three South Korean mills purchased H2 scrap from Japan at ?30,500 per tonne fob over the week - which is equivalent to around ?32,500 per tonne cfr South Korea, according to market participant...Read More

BANGLADESH STEEL SCRAP: Container shortage, low supply raise prices

November 21, 2020 / www.metalbulletin.com

An ever-tighter supply of containers combined with low steel scrap generation in key export regions has led to another sharp increase to Bangladesh import scrap prices over the week to November 20, sources told Fastmarkets.Steel prices in Bangladesh remain flat amid an oversupply but mills that require material need to keep buying to keep their furnaces running despite the higher prices, market pa...Read More

These Gold Mining Stocks Are Getting Crushed Today

November 20, 2020 / dlvr.it

In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More

RT @PyroGenesisCan: PyroGenesis Receives Final Approval to Graduate to the Toronto Stock Exchange

November 20, 2020 / www.pyrogenesis.com

NEWS RELEASES 2020 2019 2018 2017 2016 2015 ARCHIVES 2020 News Releases 2020 2020-11-03 PyroGenesis Announces Filing of Final Prospectus and Closing Date for Offering 2020-10-26 PyroGenesis receives Conditional Approval to Graduate to the Toronto Stock Exchange 2020-10-16 PyroGenesis Announces U ...Read full newsRead More

RT @climate: A Canadian gold company plans to use robots and renewable energy to produce gold in Iceland

November 12, 2020 / trib.al

Canadian explorer St-Georges Eco-Mining Corp. wants to revive Iceland's long-dormant gold mining industry by drawing on the Nordic nation's abundance of renewable energy.Read full newsRead More

Tarku Resources: Exploration and Development of Precious and Base Metals in Quebec and the USA @TarkuResources $TKU

November 20, 2020 / bit.ly

Tarku Resources Ltd. (TSXV:TKU) has launched its campaign on the Investing News Network.Read full newsRead More

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