Key data from the Wednesday November 6 pricing session in London. Key drivers: Liquidity above $18 per lb thins for both standard grade and alloy grade cobalt after recent weak spot demand entices cheaper offers. Swift rally from $12 per lb to $18...Read More
Fastmarkets invites market feedback on a consultation on a proposed increase in the frequency of its benchmark prices for cobalt standard grade and cobalt alloy grade, in-whs Rotterdam, to daily. This pricing notice was originally published on October 9. Feedback is invited until November 27. Fastmarkets currently assesses both prices on Wednesday and Friday each week.Initial feedback suggests tha...Read More
Southwestern China's Kunming Intermediate People's Court is auctioning the 19,228.05 tonnes of bismuth once held by the defunct Fanya Metal Exchange, according to an official notice published via the Alibaba judicial online platform on Thursday November 7.The auction is scheduled to begin at 10am Shanghai time on November 22 and will...Read More
Austrian steelmaking group Voestalpine has reported a fall in its earnings for the first half of the business year 2019/20 due to a "substantial damping of sentiment in its economic environment," the company said in its latest results statement.The economic downturn in Europe which has been gathering speed in key markets, and the conditions in the European steel market, had depressed earnings, the...Read More
Hebei Steel, China's second largest steel mill, has announced its purchase price for silico-manganese will be 6,100 yuan ($870) per tonne for November delivery, down by 1,200 yuan per tonne from its October tender price, market sources told Fastmarkets on Thursday November 7. This compares with the October delivery tender price set at 7,300 yuan per tonne in late September. Hebei Steel releas...Read More
An attack against workers travelling to Semafo's (TSX: SMF) Boungou mine in southeastern Burkina Faso has left 39 dead and 60 wounded.A convoy of five buses escorted by military personnel came under fire on a public road about 40 km from the mine.It is the third attack in the last 15 months targetting employees of the Canadian mining company, which operates two mines in the West African nation.Try...Read More
Trevali Mining (TSX: TO) released Q3 financial and operating results from its operations in Canada, South America and Africa. Q3 zinc production came in at 106.8 million pounds payable, a new record for the company and a slight increase over the 105.2 million pounds payable produced in Q2 2019.All-in sustaining costs for the quarter were at US$0.96 per pound zinc, a slight improvement over the US$...Read More
Nordic Mining prepares for lift-offSPONSOREDnordic miningIronRidge derisks through diverse discoveries SPONSOREDironridge resources Polymetal building with good momentumSPONSOREDpolymetal internationalAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftCardinal Resources released a summary of a feasibility study for its Namdini gold project in Ghana on 28 Octobe...Read More
"Following on from the successful launch of Mining Journal Select London, the team at Mining Journal will be launching its inaugural #MJS event in Sydney 23-24 March 2020!#MiningJournalSelect #MJSydneyFind out more here: https://t.co/Crsj6xrUsC"Read full newsRead More
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Baptiste nickel deposit ranks among world's top 10 with blue sky exploration potentialRead full newsRead More
Net earnings were $176.6 million (or $0.84 per share), more than triple the 2018 net earnings for the same quarter.Read full newsRead More
In a glass-walled laboratory, chemists puff on vaping devices as they test liqui...Read full newsRead More
The world's second largest gold miner sees output reaching 5.15 to 5.6 million ounces a year between 2020 and 2024.Read full newsRead More
The attack is the deadliest in recent years as the military struggles to contain Islamist violence that has overrun parts of Burkina Faso.Read full newsRead More
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