The Fission family has over a dozen projects around the rim of the Athabasca Basin. (Image: Fission 3.0)SASKATCHEWAN - Fission 3.0 Corp., based in Kelowna, B.C., has had excellent uranium and gold results from prospecting at Beaver River property on the north-central rim of the Athabasca Basin. The highest grades came from the newly named Trigger zone in the northeast part of the property.Samples...Read More

Export steel slab prices from the CIS region continued to fall this week, under pressure from weak finished flat steel demand in the domestic and export markets.This was despite the reduced availability of slab from Ukraine and Russia amid maintenance works at the major mills.A cargo of Russian slab was sold to a buyer in Turkey at $350-355 per tonne cfr, equivalent to $335-340 per tonne...Read More

Export prices for hot-rolled and cold-rolled coil from the Commonwealth of Independent States continued to decline over the past week, with buyers still pessimistic and waiting for prices to reach the bottom, sources told Fastmarkets on Monday, October 21.Fastmarkets' price assessment for steel HRC export, fob Black Sea, CIS was $375-385 per tonne on October 21, down from $380-395 per tonne a...Read More

Russia plans to pay more attention to the impact climate change is having on its vast permafrost area.Thawing of once permanently frozen ground covering more than half of Russia is putting buildings, pipelines and other infrastructure at risk of damage. With the Arctic warming twice as fast as the rest of the world, that’s a big problem. The economic loss is 50-billion to 150-billion rubles...Read More

Here are five Fastmarkets MB stories you might have missed on Monday October 21 that are worth another look.Brazilian apparent steel consumption was down by 6.4% in September, compared with the corresponding month in 2018, with demand retreating for both domestic and imported materials, national industry association Instituto A??o Brasil said on Thursday October 17.Estimated global primary alumini...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesThe company announced four new renewable power agreements for the Escondida and Spence operations.It is part of BHP's goal to shift to 100% renewable energy at the mines from the mid-2020s.Golden Mile goes back to the futureSPONSOREDgolden mile resources"These new renewable energy contracts will increase flexibility for our power por...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesJiangxi Copper, which has been in talks with First Quantum about its Zambia copper assets, is a key stakeholder in new major First Quantum shareholder Pangaea Investment Management. PIM has 10.8% of First Quantum and an option to go to more than 16%.Investment bank Jefferies says while most equity investors have been unwilling to buy...Read More

Estimated global primary aluminium production fell by 3.2% month on month in September 2019, according to figures published by the International Aluminium Institute (IAI) on Monday October 21. Total worldwide primary aluminium output came to an estimated 50.1 million tonnes in September compared with around 53.3 million tonnes in August 2019. Depressed production figures were reported for all prim...Read More

The publication of Fastmarkets' quarterly aluminium 6063 extrusion quarterly billet premium, cif main Japanese ports (MJP) was delayed on October 18 due to a reporter error. The aluminium 6063 extrusion quarterly billet premium, cif MJP over the MJP ingot and London Metal Exchange cash price was calculated at $140-155 per tonne per tonne on Friday. The quarterly premium should have been publi...Read More

Unionised workers at Escondida, the world's largest copper mine, have threatened strike action, and have called on miners across Chile to 'paralyze' the mining industry, after a state of emergency was declared at the weekend.The state of emergency was instigated after a protest over fare rises on the country's metro system, erupted into deadly violence, with the military and police resor...Read More

The zinc price was nearing $2,500 per tonne on the upside in morning trading on Monday October 21 on the London Metal Exchange, with stock drawdowns boosting prices across the base metals.The three-month zinc price was recently at $2,472 per tonne, up from its close of $2,457 per tonne on Friday after 2,500 tonnes of zinc were booked out of LME-registered warehouses in New Orleans, taking on-warra...Read More

The global nickel market remained in the deficit in the first eight months of this year, with apparent demand exceeding production by 77,100 tonnes, according to figures released by the World Bureau of Metal Statistics (WBMS) last week.This compares with a deficit of 106,200 tonnes over the same period of 2018, although that for the whole of last year was lower, at 102,900 tonnes, the bureau told...Read More

Steel plate prices in the United States fell to their lowest in nearly two years on Friday October 18, but plate mills have been offering additional discounts in order to compete for orders, sources said.Fastmarkets' price assessment for steel cut-to-length plate carbon grade, fob mill US slipped to $32 per hundredweight ($640 per short ton) on October 18, down by 4.5% from $33.50 per cwt fro...Read More

Cold heading quality (CHQ) and high-carbon wire rod prices in the United States have again been dented by lower ferrous scrap costs and ongoing soft demand, Fastmarkets has learned.Fastmarkets' assessment for steel wire rod cold-heading quality, ddp was at $35.50 per hundredweight ($710 per short ton) on Friday October 18, down by 7.8% from $38.50 per cwt one month earlier and off by 22....Read More

(Adds timings) By Elizabeth Piper, Kylie MacLellan and William James LONDON, Oct 21 (Reuters) - Prime Minister Boris Johnson willtry to drive the legislation needed to take Britain out of theEuropean Union through parliament in the next 10 days, or elsebreak his "do or die" pledge to leave on Oct. 31.On Monday, Johnson was forced to abandon his attempt to havea straight 'yes or no' vote...Read More

ArcelorMittal has appointed Jorge Luiz Ribeiro de Oliveira to be chief executive officer at AM/NS Calvert, a steel mill jointly owned by the company and Nippon Steel, it said on Monday October 21.The executive was, until August this year, the vice president for flat steel at the South American branch of ArcelorMittal. He has worked...Read More

Brazilian apparent steel consumption was down by 6.4% in September, compared with the corresponding month in 2018, with demand retreating for both domestic and imported materials, national industry association Instituto A??o Brasil said on Thursday October 17.Consumption totaled 1.78 million tonnes during the month, down from 1.9 million tonnes in an annual comparison, according to the institute's...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade.Apple gained $1.33 to $237.74 after Raymond James raised its target price to $280 from $250. Boeing dropped another $4.25 to $339.75 following revelations that the company may have withheld information on software used in the 737 Max aircraft.Hewlett Packard Enterprises gained $0.32 to $1...Read More

An overview of the battery raw materials markets and their latest price moves.Read More

The trade war is taking a heavy toll on China. Chinese growth slowed to 6% in the third quarter, slower than expected and the slowest growth rate since 1992.That 6% growth represents a sharp drop from the 6.8% growth China registered in the first quarter of 2018. China’s growth still exceeds developed economies by far, but it is notably weak relative to China’s past performance and rel...Read More