Europe's monthly alloy steel surcharges for September have increased moderately from the levels in August because of higher nickel costs, Fastmarkets heard on Friday September 4.Fastmarkets' stainless steel cold-rolled sheet, 2mm, grade 304, alloy surcharge, domestic, Europe, was calculated at ?,?1,367-1,377 ($1,617-1,629) per tonne for September, up by ?,?10-22 per tonne from the August range.The...Read More

Light vehicle production in Mexico decreased 13.2% year on year in August, according to figures from the country's statistics agency, Inegi.Mexican automakers produced 293,463 vehicles last month, a decrease of 44,435 units from the 337,898 vehicles produced in August 2019, according to the figures released on Friday September 4.Output also declined by 0.5% from 294,946 units in July.Sales...Read More

The Global Mining Symposium's final panel brought together experts from across the industry to discuss the merits and shortcomings of feasibility studies and how they can be improved to add value.Moderated by Mark Nopp?(C), managing director and corporate consultant in geology at SRK Consulting, the panel featured Jo-Anne Dudley, chief executive of Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ), C...Read More

Taiwanese buyers of ferrous scrap imports who held out for cheaper cargoes in the past week ended up being faced with higher prices."Many buyers felt that prices had peaked previously and were waiting for them to fall. But it later turned out that prices in Turkey increased further," a Taiwanese buyer source told Fastmarkets on Thursday September 3.Fastmarkets' daily price assessment for container...Read More

A key theme of the Global Mining Symposium is the need to advance new technologies to make mining safer, as well as more efficient and productive, which is why Northern Miner senior reporter Carl A. Williams spoke to Michelle Ash, chief executive of GEOVIA-Dassault Syst??mes, from her home in Melbourne, Australia. Dassault Syst??mes is a software company and GEOVIA is a division that is specific...Read More

Executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY), Peter Marrone, spoke on the second day of the Global Mining Symposium about the company's assets, its strategy, and his views on the price of gold. Marrone started his career practicing law in Toronto, focusing on corporate, security and international law and then became the head of investment banking at a major Canadian bank...Read More

Auroch taps into further nickel potentialSPONSOREDauroch mineralsAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 2588 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyIndia's mining ministry proposed a series of legislative changes on August 24 that will effectively mean around 500 exploration licen...Read More

If global investors reallocated just 5% of their financial assets to gold that would be $14.7 trillion of increased demand trying to purchase less than $1.8 trillion of privately held gold bullion.Read full newsRead More

Buscar Company (OTC: CGLD) has published today the milestones accomplished to date and the expected milestones to be met in the near future.Read full newsRead More

Looking for a mining movie to watch? Check out our list of some of the greatest gold mining films ever made.Read full newsRead More

Legendary investor Warren Buffett is known for being uninterested in gold, but what comments has he actually made about the yellow metal?Read full newsRead More

Deep-South Resources Inc. announces that it will close $1 millionRead full newsRead More

Sep 05, 2020 Guest(s): Donald Sadoway John F. Elliott Professor of Materials Chemistry, MIT In order to transition towards a fully renewable energy-based economy, the problem of intermittency in non-fossil fuel electricity generation first needs to be solved, said Donald Sadoway, professor of materials chemistry at MIT. "I wanted something that was versatile and could go wherever you needed to h...Read More

Yesterday, Real Vision's Ed Harrison provided a timely overview of the risks that options pose to Technology shares due to the role that institutions have been playing in managing exposure to the high-flying group. He explained that if the market starts to roll over, institutions would mechanically pick up their selling. If you have not listened to Ed's overview of option dynamics, it provides gr...Read More

In conversation with Maurice Jackson of Proven and Probable, Tim Johnson, the CEO of Granite Creek Copper, explains what's behind the company's increased valuation, and looks ahead to additional growth opportunities. Maurice Jackson: Joining us for a conversation is Tim Johnson of Granite Creek Copper Ltd. (GCX:TSX.V). Always a pleasure to speak with you, sir. Before we get in today's conversatio...Read More

Indian authorities have decided to slash export rebates, in a move which market participants expect will raise prices for steel shipped out of the South Asian nation, Fastmarkets understands.An Indian steel trader told Fastmarkets that a final decision on the matter was still under discussion, but he expected that the rebate he received on steel exports would be cut from a current 2.5-3% per trans...Read More

Member mills of the China Iron & Steel Association (Cisa) largely kept their crude steel production rates unchanged in late August from the preceding 10 days, but their finished steel inventories continued to drop, according to data released on Thursday September 3.August 21-31 outputCrude steel: 2.16 million tonnes per day, down by 0.04%Finished steel: 2.19 million tpd, up...Read More

Most Turkish flat steel prices increased in August 2020 and market sources expect further price increases to come amid global price rises, Fastmarkets heard on Thursday September 3.Turkish flat steel producers are fully booked until late-October, with trading sources reporting that the market was moderate for most of August because of the seasonal summer slowdown in Turkey and its neighboring coun...Read More

The latest forecasts from Fastmarkets' team of base metals analysts are ready to view, including an upgrade to our aluminium price forecasts.Aluminium: Price forecasts raisedWe correctly expected the macro reflationary theme to raise the prices for all base metals but, with it being the base metal with by far the weakest fundamentals, we had expected the price of aluminium to underperform relative...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Prices across most ferro-alloy markets trended stable to lower in August as demand remained subdued in major markets, apart from China where steel output continues to rise at a rapid pace, supporting demand for ferro-alloys. As alloy makers seek to remedy supply/demand imbalan...Read More