Iron ore prices rebounded on Thursday September 24, aided by mills' need to restock ahead of a holiday in China, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $114.67 per tonne, up $0.86 per tonne62% Fe low-alumina fines, cfr Qingdao: $115.46 per tonne, up $0.05 per tonne58% Fe fines high-grade premium, cfr Qingdao: $107.75 per tonne,down $0.10 per tonne65% Fe Brazil-origin...Read More
Novolipietsk Steel (NLMK), the largest steel producer in Russia, has resumed iron ore concentrate output at its Stoilensky mining and processing plant after two weeks of downtime due to an accident, the company said.Stoilensky GOK resumed operations on September 22 in a hot trials mode after output at the asset was stopped on September 7 following an accident, NLMK said.The restoration works laste...Read More
Fastmarkets today launches two new prices for import containerized scrap and one for deep-sea bulk scrap, all on a cfr Bangladesh basis.The new prices will build on the success of Fastmarkets' price reporting on the Bangladesh import market for HMS 1&2 (80:20) scrap, which started on Thursday March 19.During Fastmarkets' coverage of the import deep-sea bulk market for HMS 1&2 (80:20), several mark...Read More
QUESTION: What did Martin mean by gold having a 21 year high. I simply can’t see how it is possible for it not to go up from here as sovereign debt collapses and printing presses are on turboI’ll be getting the gold report when it’s out but…. I’m about to get my hands on a few million pounds and I just want it to vanish into the ether so they don’t tax it, gold...Read More
China's domestic rebar prices stopped dropping on Thursday September 24 with mills in several regions, including the northern region's production hub of Tangshan, reducing their output. DomesticEastern China (Shanghai): 3,600-3,640 yuan ($528-534) per tonne, unchangedSteel mills in Tangshan were reported to have suspended some of their steelmaking equipment as required by local authorities who hav...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed Cobalt standard grade,...Read More
The initial public offering (IPO) by Chinese battery materials producer CNGR Advanced Materials Co Ltd has been approved, according to a document filed to the Shenzhen Stock Exchange on Wednesday September 23. CNGR has been given the greenlight to be listed on the second-board market and the company plans to sell up to 56.97 million shares to domestic investors. The battery materials producer expe...Read More
Key data from Fastmarkets' pricing session in Shanghai on Wednesday September 23. Key drivers Domestic producers raised their offers in response to an increasing number of inquiries.Lingering uncertainty over when it might be possible to obtain available ore from abroad also encouraged producers to increase their offers.Many consumers returned to the market to restock antimony metal upon noticing...Read More
Prices for Chinese stainless steel softened over the past week on weak demand, while the wider East Asian market came under pressure from news of South Korea starting an anti-dumping probe on flat-rolled products in the segment from mainland China, Taiwan and Indonesia.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 14,300-15,100 yuan ($2,099-2,217) per tonne, widened downw...Read More
At Tesla's live-streamed Battery Technology Day this week, chief executive Elon Musk outlined the company's plans to build a US$25,000 electric vehicle (EV) with a cheaper, more powerful battery that doesn't contain cobalt, and the construction of a new cathode plant.The new battery technology, which the company plans to manufacture in-house, will lower the cost of its EVs and extend their range b...Read More
Integra Resources (TSXV: ITR; NYSE-AM: ITRG) has released assay results for five holes drilled as part of this year's exploration program at the Florida Mountain deposit within the DeLamar project in southwest Idaho, with several long mineralized intercepts. The latest results "continue to underscore the potential that exists in near-deposit targets at Florida Mountain," the company said in a stat...Read More
BHP (NYSE: BHP; LSE: BHP) has signed an option agreement with Encounter Resources (ASX: ENR) over the Australian explorer's 4,500-sq.-km Elliott copper project, in the Northern Territory.The pact would give BHP the choice to enter an earn-in and joint venture deal to earn up to a 75% stake in the project, following a validation program to be completed by year-end.The Melbourne-based mining giant w...Read More
The rhodium price has been on a roller coaster ride this year, rocketing from US$6,050 per oz. at the start of 2020 to a high of US$13,800 per oz. by March 10, only to plummet to US$7,800 per oz. before the end of that month as Covid-19 spread around the world.This week the metal hit a new all time high of US$14,490 per oz. before slipping to just below US$14,000 on Wednesday.Like its sister metal...Read More
Northern Dynasty Minerals (TSX: NDM, NYSE: NAK) announced Wednesday that Tom Collier, chief executive of its U.S.-based subsidiary Pebble Limited Partnership, has submitted his resignation in light of comments made about elected and regulatory officials in Alaska in private conversations videotaped by an environmental activist group.The announcement comes as doubts about the proposed Pebble copper...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesNew Horizon beckons for gold minerSPONSOREDhorizon mineralsSaturn Metals' Leonora star is risingSPONSOREDsaturn metalsWaihi District, a Golden Opportunity in New Zealand SPONSOREDoceanagoldI have previously highlighted the potential for a change in the mining investment landscape in coming years as technology changes and geopolitical...Read More
What are the top battery metals stocks? INN looks at the battery metals companies with the biggest year-to-date gains in 2020.Read full newsRead More
S peeding over to a muddy bank of Peru's Madre de Dios river in a motorboat, Karina Garay pointed to a small wooden structure.Read full newsRead More
Ottawa, Ontario--(Newsfile Corp. - September 22, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) (Read full newsRead More
NEW YORK, Sept.24, 2020(GLOBE NEWSWIRE) -- NetworkNewsAudio -- GoldHaven Resources Corp. (CSE: GOH) (OTCQB: ATUMF) announces the availability ...Read full newsRead More