An overview of the minor metals markets and their latest price moves.Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday January 22.Key driversPrices in the ferro-titanium and titanium scrap markets were steady in the third week of January, a level the markets have maintained since December 18. The number of deals done over the week were down from the week prior, although suppliers are keen to hold their offer prices against an expected increase in de...Read More
High-carbon ferro-chrome spot import prices in Japan and South Korea largely shrugged off higher offers resulting from fresh strength in the domestic Indian ferro-chrome market. Fastmarkets' fortnightly price assessment for ferro-chrome, high carbon, 57-65% Cr, cif dup Japan stood at $0.67-0.70 per lb on January 16, unchanged since December 19 when the price fell to a 44-month low. Fastmarket...Read More
Uranium companies have been awaiting a price recovery since the Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016 the spot uranium price has remained below US$30 per lb. uranium oxide (U3O8). Many uranium producers have curtailed and shuttered operations, maintaining assets while hoping for a more profitable future. Juniors have developed impressive projects, poised to tak...Read More
Unigold (TSXV: UGD) has released the results of 28 holes testing oxide resource potential at its 226-sq.-km Neita concession in the Dominican Republic. The drilling has confirmed oxide mineralization over a strike length of 800 metres and a width of 150 metres, extending down to depths of 20 to 30 metres. The oxides appear open to the north-east with additional drilling planned.Drill highlights i...Read More
State prosecutors in Brazil have charged Vale's (NYSE: VALE) former CEO, Fabio Schvartsman, with homicide after the catastrophic tailings dam disaster a year ago at the company's Feijao iron ore mine in Minas Gerais killed more than 250 people. Schvartsman left his position at the company in March 2019.Homicide charges also have been levelled against 15 other people, according to a charging sheet...Read More
Most recent intercepts from Garibaldi Resources' (TSXV: GGI; OTC: GGIFF) 63-sq.-km Nickel Mountain project in the Eskay camp have extended the mineralized limits, connected these zones and suggest potential for near-surface sulphide mineralization.Drill highlights include 2 metres of 7.1% nickel and 3.9% copper in hole 19-75, within a 90-metre mineralized interval. This intercept expands the footp...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaIn the latest, and (you will be relieved to hear) final instalment, in my acclaimed series, I cast my all-seeing eye forward a bit more to ex...Read More
Tesla is now bigger than Volkswagen, the world's largest automaker. It is now also bigger than GM ($50BN) and BMW ($51BN) combined, and is almost 3 times bigger than Ford ($36.5BN).Read full newsRead More
Global aluminium production fell by 1.0% last year in its first annual contraction since 2009.Read full newsRead More
The company burned a record $1.7 billion in cash in Q4... and it still couldn't beat the number of subscriber additions from a year ago.Read full newsRead More
Cruise, GM's self-driving startup, has unveiled the Cruise Origin, a new autonomous electric vehicle that will power an all-electric, completely autonomous ride-sharing service. The vehicle is a result of a partnership between GM's startup and Honda. For a few years now, GM has connected self-driving and electrification together. At first, it started with Cruise using ...Read full newsRead More
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