Key global market indices closed higher but futures were mixed today.Gold major Newmont Goldcorp (NYSE: NEM) closed up 0.5% in New York.The gold price has edged back up towards US$1,500 an ounce and was worth $1,498/oz on the spot market earlier.In terms of other commodities, nickel closed 0.3% lower on the London Metal Exchange as uncertainty lingers over the situation in Indonesia.Reuters has re...Read More

The DPA said the new position would see Anghel lead development and implementation of the association's "external engagement strategy", working with most of the world's big diamond mining companies."[Anghel] will lead the DPA's global public affairs agenda in important areas such as terminologies and nomenclature and she will take responsibility for the DPA's industry programs, including the ASSUR...Read More

Key data from October 31's price assessment in Shanghai.Fastmarkets assessed the price for alumina metallurgical grade, ddp China at 2,520-2,600 yuan per tonne on October 31, down 0.4% from previous week's 2,520-2,620 yuan per tonne. Key drivers: Significant quantities of imported cargoes continued to flow into China after the import arbitrage window opened in late September. China imported 1...Read More

Natural resources business area sales rose 4% to US$962 million for the 2019 period.Clariant said its oil and mining services business had double-digit sales growth, while functional minerals was slower and additives dipped. It said oil and mining continued to expand in the September quarter, but sales in functional minerals decreased slightly due to a weak automotive sector and the Additives busi...Read More

Ash was Barrick Gold's CIO for three years until the end of 2018.It is unclear if she'll continue as chair of the Global Mining Guidelines Group.Ash has worked in the mining and manufacturing industries for more than 20 years and was named in the 2016 list of "100 Global Inspirational Women in Mining" by Women in Mining UK."Michelle will help shape strategy to build growth across the Natural Resou...Read More

Stay Autonomous tweeted the community march to Rio Tinto was in solidarity with people in Latin America impacted by environmentally destructive practices.Another protest group said it was marching down Collins Street, the centre of mining corporations today and historically, and headed to BHP and OceanaGold "to let them know what we think of their corporate violence here and around the world".Bloc...Read More

A spike in nickel prices as a result of a flip-flop decision in Indonesia regarding an ore export ban of the alloying metal failed to offer any support to China's stainless steel market over the past week.Reports of an immediate commencement of the nickel ore export ban in Indonesia had emerged on Monday October 28, but a day later, Indonesian officials said that the prohibition will only come eff...Read More

China's cobalt sulfate price fell in the mid-week pricing session on Wednesday October 30 after coming under pressure from lackluster demand amid an underperformance in the country's electric vehicle (EV) market.Fastmarkets assessed the price of cobalt sulfate 20.5% Co basis, exw China at 52,000-55,000 yuan ($7,365-7,790) per tonne on Wednesday, down by 3,000-4,000 yuan per tonne - or 6.1% - from...Read More

By: Ira EpsteinGold bears in a trap? They are under the pressure on the outside day out. The battle ground in gold is seen..Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday October 30.Key drivers Low demand has resulted in only very limited activity in the ferro-titanium and scrap markets.Some liquidity was reported at lower prices than the previous range of $4.40-4.60 per kg as some market participants attempted to clear...Read More

Turkish steel mills continued to stay away from the deep-sea scrap market on Thursday October 31, with market participants contemplating a possible change in direction in the coming weeks, sources told Fastmarkets.With no new cargoes booked market participants were uncertain of whether the next bookings would be at similar or even higher prices.One market participant said that demand for scrap was...Read More

* Break above $1,515 could prompt further gold gains-analyst * Palladium on course for third straight monthly gain (Updates prices)By Karthika Suresh NamboothiriOct 31 (Reuters) - Gold rose on Thursday as the dollar cameunder pressure after the U.S. Federal Reserve cut interest rateswhile uncertainty surrounding a U.S.-China trade deal bolsteredthe metal's appeal as a safe-haven investment.Prices...Read More

China's cobalt sulfate price fell in the mid-week pricing session on Wednesday October 30 after coming under pressure from lackluster demand amid an underperformance in the country's electric vehicle (EV) market.Fastmarkets assessed the price of cobalt sulfate 20.5% Co basis, exw China at 52,000-55,000 yuan ($7,365-7,790) per tonne on Wednesday, down by 3,000-4,000 yuan per tonne - or 6.1% - from...Read More

I got the bad news on Wednesday morning...John Witherspoon, one of the funniest men on the planet, went gently into that good night.The 77-year-old comedian, who started his comedy career in the 1960s, is probably best known for his role as Willie Brown in the movie Friday: an unapologetic, working-class father who had no social filter and a heart of gold.He provided valuable life lessons for his...Read More

CBD is perhaps the single fastest-growing market right now.Get this: According to a new report by Market Research Future, the global CBD market is projected to grow at a whopping 125% CAGR over the next five years to reach $2.2 trillion.125%!!!That far surpasses all other CAGR estimates for every other major developing market.Artificial intelligence, virtual reality, cybersecurity, biotechnology,...Read More

Fastmarkets plans to replace its weekly assessment for domestic hot-rolled coil (HRC) prices in Northern Europe with a daily index - to better reflect the increasing price volatility caused by tougher EU trade measures.Fastmarkets has concluded that a daily HRC index is necessary because the existing weekly price assessment is not nimble enough to react to the increasingly rapid changes...Read More

Domestic prices for hot-rolled coil (HRC) in Europe decreased over the week due to limited demand, sources told Fastmarkets.Market participants believe, however, that prices have already reached "bottom" and although demand will not allow to increase prices they are likely to remain stable.Northern EuropeFastmarkets' weekly price assessment for steel HRC, domestic, exw Northern Europe, was ?,?415-...Read More

Fastmarkets proposes to increase the frequency of its steel hot-rolled coil domestic Northern Europe price from weekly to daily, and to change the price from an assessment to an index. HRC production in Belgium, Germany and Netherlands is estimated to have totalled 36.1 million tonnes in 2018, or 44% of the EU HRC output, according to Fastmarkets MB research. Northern Europe is the hub of the Euro...Read More

Brazilian steelmaker Gerdau will make a maintenance stoppage at its Ara??ariguama unit, located in the southeastern state of S??o Paulo, during December, which market participants believe could help boost the domestic rebar price.The plant has capacity to produce 950,000 tonne per year (tpy) of crude steel, and has a 600,000-tpy rolling capacity, Gerdau said. The company expects the maintenance st...Read More

Export prices of rebar from Turkey have decreased over the past week, because of weak demand and deals heard at low prices, sources said on Thursday October 31. The country's mills are offering rebar for export at $410-430 per tonne fob on an actual weight basis, compared with last week's $410-420 per tonne. Deals were heard to Africa and several other destinations at $409-410 per tonne...Read More