Key data from Fastmarkets' pricing session in Europe on Wednesday December 18.Key driversThe price range of alloy has narrowed over the past week, with the low end moving up as sources reported deals done towards the upper end and with previous lows disappearing.Producers and traders are preparing for renewed demand in January in expectation of consumers in the steel sector and other usage areas.T...Read More
Cronimet Group has hired Martin Stepper, the former head of ferro-alloys at Thyssenkrupp, the company told Fastmarkets on December 18.Stepper will start in his new role as head of the...Read More
SAO PAULO, BRAZIL - With prices down nearly 10% in 2019, now is not an easy time for zinc miners. Measured from the highs hit from March to April, the metal - used mostly to galvanize steel and as an alloy - is down more than 20%. That's officially a bear market.Zinc's fortune compares with that of nickel, which despite a sharp correction recently, finished 2019 up about one-third. On-again off-ag...Read More
The Atacama Environmental Assessment Commission has approved the environmental impact study on Gold Fields' (NYSE: GFI) Salares Norte project in northern Chile - paving the way for the company to proceed with a construction decision in the first half of 2020.Capital costs for the open-pit project are estimated at US$834 million in a feasibility study completed in late 2018, and the company says it...Read More
Egypt-focused gold miner Centamin (TSX: CEE; LON: CEY) has accused Endeavour Mining (TSX: EDV) of making it difficult for the company to assess the value of a potential business combination unless it agrees to extending a firm offer deadline.The London-listed gold miner said that since Endeavour was not engaging in a "proper manner," it would not ask U.K. regulators for an extension to a Dec. 31 b...Read More
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Global miner BHP Group is feeling its way back into commodities trading, making ...Read full newsRead More
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