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Liberty Steel assets to merge into single global group, to adopt neutral carbon business strategy

October 31, 2019 / www.metalbulletin.com

The GFG Alliance will consolidate all of its steel businesses into one global group named Liberty Steel Group by the end of this year and align them with a strategy for carbon-neutral operations by 2030.It claimed this will give the new group 18 million tonnes of rolled steel capacity annually, making it the eighth largest steel producer outside China, with annual sales of approximately $15 billio...Read More

COKING COAL DAILY: Outlook turns bearish

October 31, 2019 / www.metalbulletin.com

Market participants flagged a bearish outlook on seaborne coking coal prices in the coming weeks, citing the dwindling attractiveness of imported cargoes for Chinese buyers.Fastmarkets indicesPremium hard coking coal, fob DBCT: $143.81 per tonne, down $2.59 per tonnePremium hard coking coal, cfr Jingtang: $161.53 per tonne, unchangedHard coking coal, fob DBCT: $129.36 per tonne, unc...Read More

CHINA REBAR: Tangshan's temporary curbs push up prices

October 31, 2019 / www.metalbulletin.com

China's domestic rebar prices rose on Wednesday October 30 after news broke about the country's steelmaking hub of Tangshan planning to implement short-term curbs from Thursday.Eastern China (Shanghai): 3,650-3,680 yuan ($516-520) per tonne, up 40 yuan per tonneNorthern China (Beijing): 3,600-3,630 yuan per tonne, up 10-20 yuan per tonneLocal authorities in the northern Chinese city have ordered s...Read More

CHINA HRC: Prices stable but pessimism looms

October 31, 2019 / www.metalbulletin.com

China's hot-rolled coil prices remained stable for a third day on Wednesday October 30 with mills receiving a steady stream of orders, though stockists drew down their inventories on a bearish outlook for the market.DomesticEastern China (Shanghai): 3,500-3,520 yuan ($495-498) per tonne, unchangedNorthern China (Tangshan): 3,500 yuan per tonne, unchangedSteady downstream demand kept prices flat du...Read More

South African manganese exports hit new records in September and October

October 31, 2019 / www.metalbulletin.com

South Africa's manganese ore exports hit record levels of over 1.8 million tonnes in September and October 2019, shipping data shows. The country exported over 1.86 million tonnes of manganese ore in September and just over 1.80 million tonnes in October, taking the year-to-date total to just over 15.60 million tonnes. The September and October figures beat previous monthly records hit in March an...Read More

Chinese cobalt intermediates imports up 24.5% in Q3 vs Q2

October 31, 2019 / www.metalbulletin.com

China's imports of cobalt intermediates, including cobalt hydroxide, surged by 24.5% in July-September versus the prior quarter amid extensive procurement from Chinese consumers, who looked to take advantage of falling cobalt raw material prices during the period.China imported 85,571 tonnes of cobalt intermediates in the third quarter of this year, up from the 68,717 tonnes shipped in April-June...Read More

Brixton Metals Drills 2.3 g/t AuEq over 257m, Including 10m of 13.5 AuEq (4.6 g/t Au, 248 g/t Ag, 0.4% Cu, 8% Zn+Pb) at its Thorn Project

October 30, 2019 / brixtonmetals.com

October 30, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce initial and preliminary results from its phase two exploration program at its wholly owned Thorn Project located in the Golden Triangle of British Columbia. Brixton completed 3 lines for a total of 9.1 line km of Titan24 DCIP-MT (induced polarization-magnetotelluric) geophys...Read More

Taiga Gold, SSR Mining report visible gold at Fisher

October 30, 2019 / www.northernminer.com

In May 2016, Silver Standard Resources, now called SSR Mining (TSX: SSRM; NASDAQ: SSRM), acquired Claude Resources and its Seabee gold operation in Saskatchewan for $337 million in cash and shares.Five months later, SSR Mining optioned Taiga Gold's (CNSX: TGC) Fisher project - whose property boundary lies 1.5 km south of Seabee's Santoy mine.The Santoy mine is hosted by the Santoy shear, a regiona...Read More

Appealing narratives raise investment risk

October 30, 2019 / www.mining-journal.com

Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftAn increasingly striking feature of non-mining and mining investments alike is a focus o...Read More

King coal almost dead

October 30, 2019 / www.mining-journal.com

Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftHere we go again, moaning about old age - a broken record I know, but then getting old i...Read More

Pan American hits high-grade at La Colorada in Mexico

October 30, 2019 / www.northernminer.com

A 14,300-metre drill program completed during the third quarter at the La Colorada skarn discovery in Mexico has returned high-grade intercepts for Pan American Silver (TSX: PAAS; NASDAQ: PAAS).Drill highlights include 379 metres grading 54 grams silver per tonne, 0.5% copper, 1.96% lead and 3.73% zinc starting from 473 metres in hole 79-19.Hole 57-01-19 returned 251 metres grading 40 grams silve...Read More

NEWS: FPX Nickel begins leach testing to produce high-grade #nickel solution for application in EV battery market...

October 30, 2019 / twitter.com

"NEWS: FPX Nickel begins leach testing to produce high-grade #nickel solution for application in EV battery markethttps://t.co/dPHqgXfzMa"Read full newsRead More