Seaborne premium hard coking coal prices declined on Friday October 9 after sources told Fastmarkets that state-owned steel mills in China had received notification in late September not to import coking coal from Australia after October 1.Fastmarkets indicesPremium hard coking coal, fob DBCT: $132.84 per tonne, down $2.28 per tonne Premium hard coking coal, cfr Jingtang: $141.15 per tonne, down $...Read More

The three-month nickel price on the London Metal Exchange was the standout performer during morning trading on Friday October 9, with strong buying activity pushing the metal above nearby resistance levels, while high-volume trading saw LME zinc futures clear $2,400 per tonne in a 2.1% upsurge.Nickel's outright price on the LME was recently trading at $15,010 per tonne on Friday morning, climbing...Read More

China's domestic rebar price moved up on Friday October 9, with market participants returning from a week-long holiday to celebrate the country's National Day.DomesticEastern China (Shanghai): 3,670-3,700 yuan ($540-545) per tonne, up by 40 yuan per tonneNorthern China (Beijing) weekly assessment: 3,630-3,680 yuan per tonne, up by 60-90 yuan per tonneDemand for rebar strengthened in the past eight...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, in-whs Rotterdam,...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 applies. Fastmarkets...Read More

An overview of the Chinese minor metals markets and the reasons for their latest price moves. Read More

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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...Read More

US precious metals miner Hecla has increased zinc and lead production over the first three quarters of the year, it said in its latest financial results statement.Hecla produced 48,700 tonnes of zinc in concentrate from January to September 30, up 14% on 2019 figures. And at 24,620 tonnes, lead production was up by 41% year on year in the same comparison. ...Read More

Mining - more than most industries - relies heavily on infrastructure and institutions at locations where operations are based.The ongoing political chaos in Kyrgyzstan, which saw thousands take to the streets in protest of the nation's parliamentary elections that kept President Sooronbai Jeenbekov in power, underscores the type of risks posed to those invested in the regions and highlights...Read More

A backlog of containers of metal scrap stuck at ports across Australia has hammered the availability of steel scrap from the country and piled demurrage costs onto beleaguered traders, sources told Fastmarkets."Scrap supply in Asia is limited. Australia is having issues due to port congestion and carriers are imposing additional charges, which is raising prices," a Singaporean scrap trader said."S...Read More

EnGold Mines' (TSXV: EGM) wholly-owned Lac La Hache copper-gold-silver project in the southern Cariboo region of central B.C. has a storied history tracing back several decades.The property, 14 km northeast of Lac La Hache and 480 km from Vancouver, lies within the Quesnel Trough, a 2,000-km long depositional belt that hosts several large tonnage porphyry-type deposits. Imperial Metals' (TSX: III...Read More

Import prices for containerized ferrous scrap in the key Taiwanese market slipped further in the week to Friday October 9 ahead of a major holiday in the territory, sources said.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $265-267 per tonne on Friday October 9, unchanged from Thursday and down by $3-5 p...Read More

Key data from the Friday October 9 pricing session in London. Key drivers  Suppliers lowered their offers to secure limited inquiries amid weak consumer demand.  Trading has also slowed on fears...Read More

Australia's Lucapa Diamond (ASX: LOM) is restarting operations at its Mothae mine in Lesotho, Africa, which had been halted since late March to help curb the spread of the coronavirus.The Perth-based company said it plans to escalate operations at the mine to 75% capacity as some Covid-19 restrictions remain in place.Commercial production at Mothae, which the Perth-based company acquired in...Read More

Slovakia's InoBat Auto has unveiled what it claims is the world's first "intelligent" electric vehicle battery, said to beat competitors' with a higher energy density and an increase in operational range of 20%.The company's Gen1 lithium battery, ready after just a year of research and development, combines Artificial Intelligence (AI) and High Throughput (HTP) technology. It also contains less co...Read More

Europe and United States' lithium battery-grade spot prices held steady over the week to Thursday October 8, with the market in wait-and-see mode, while the technical-grade hydroxide price rose for the first time in a year.Europe and US battery-grade spot prices held steady for the third consecutive week after posting losses in mid-September. Sources reported strengthening prices for technical-gra...Read More

Chile's SQM (NYSE: SQM), the world's second largest lithium producer, will voluntarily cut its use of fresh water and brine from the Atacama desert to mitigate the overall impact of its operations in one of the driest places in the world.The company, which produces lithium by pumping brine from beneath the desert and concentrating it through evaporation in pools, has committed to reduce its use...Read More

Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More

Alianza Minerals Ltd. (TSX-V: ANZ, OTC: TARSF) ("Alianza" or the "Company") is pleased to announce that the private placements of Flow-Through Shares and Units are now fully subscribed and the offerings will close shortly. The Flow-Through Shares were offered at $0.155 per share and the Unit offering is priced at $0.135 per unit, where each [...]Read full newsRead More

The gold mining company's plan has lost its luster.Read full newsRead More