Mexican scrap prices increased further in the week to Tuesday September 22 as supply remained scarce and demand for the raw material continued to improve.Market participants reported that some companies applied price increases of around 100-300 pesos ($5-14) per tonne during the week to Friday September 18, mainly because of low inventories and increased demand for certain materials, especially bu...Read More

CDW Corp (CDW), a NASDAQ 100 stock moved below $108.27 setting an intermediate downtrend.Pre-opening Comments for Tuesday September 22ndU.S. equity index futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade.Amazon added $59.53 to $3,020.00 after Bernstein upgraded the stock from Market Perform to Outperform. Target was raised to $3,400.00AutoZone advanced $5...Read More

Steel producers in Turkey extended their absence from the deep-sea scrap markets again amid weak finished steel demand, sources said on Tuesday September 22.The country's steel mills have been holding back from the deep-sea trade since September 9, when the most recent cargoes were booked at prices around $301 per tonne cfr on an HMS 1&2 (80:20) basis.Offer levels for similar material then rose to...Read More

Seaborne cfr coking coal prices climbed by more than 2% day on day on Tuesday September 22 and, despite some doubts about Chinese steel mill import quotas and the idea that prices were too high already, most market participants expected to see an uptrend. Fastmarkets indicesPremium hard coking coal, fob DBCT: $129.01 per tonne, up $0.22 per tonne Premium hard coking coal, cfr Jingtang: $...Read More

Iron ore prices dropped again on Tuesday September 22, which market participants attributed to weak demand for steel and expectations for steel inventory to increase further after the Chinese national holiday (October 1-8). Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $117.30 per tonne, down $2.52 per tonne 62% Fe low-alumina fines, cfr Qingdao: $117.74 per tonne, down $2.31 per tonne 5...Read More

China's hot-rolled coil prices were stable on Tuesday September 22 amid a pick-up in trading activity, though market participants remained bearish amid weakening financial markets.DomesticEastern China (Shanghai): 3,840-3,860 yuan ($566-569) per tonne, unchangedSeveral Shanghai-based traders said that trading activity was higher during the day than on Monday.This was due to rising HRC futures in t...Read More

Three-month base metals prices on the London Metal Exchange were broadly up during the morning trading session on Tuesday September 22, ignoring the downtrend in US equity markets, which the metals have been prone to following of late.Dow Jones Futures were subject to a sharp sell-off on Monday, dragging LME base metals prices down with them that same day, but the emergence of dip-buying has led t...Read More

Base metals prices on the London Metal Exchange have rebounded this morning, Tuesday September 22, after weakness in equities on Monday dragged them lower. At the time of our Morning View report on Monday, the LME metals were up by an average of 0.2%, but they ended the day down by an average of 1.6% after concerns escalated about second waves of Covid-19 spreading across Europe. But an across-the...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

Swiss stainless steelmaker Schmolz + Bickenbach has had its proposal to change the company name approved by shareholders, it said in a press release on Monday September 21.The change of name from Schmolz + Bickenbach AG to Swiss Steel Holding AG was accepted by the shareholders, with 97.92 % of the votes represented. The board of directors had proposed the name of Swiss Steel Group AG.The company...Read More

Fastmarkets is proposing to introduce fallback measures to its two Chinese vanadium fob price assessments amid a significant drop in spot liquidity in China's vanadium export market.Since the second half of 2019, Chinese exporters' interest in shipping vanadium products abroad has been stifled because Chinese prices have been much higher than their European counterparts, which has persisted so far...Read More

Ecuador's highest court has ruled that communities have the right to hold referendums on whether or not proposed large and medium-scale mines can move forward, but said the public can only vote on mining rights not yet granted and not on licenced projects.The constitutional court's decision follows a petition by the government of Cuenca, a city in the country's highlands, to propose questions to a...Read More

Erik BucklandThis week's episode features veteran mining recruiter Erik Buckland, senior client manager at Lincoln Strategy International. Eric says that the difficulty of crossing jurisdictions during the coronavirus pandemic has made it more difficult for mining companies to fill jobs, especially in the United States. He also explains how rare earth projects, with help from the defence industry...Read More

Eskay Mining (TSXV: ESK) has reported assay results for drill hole TV20-35, completed at the TV target within the Corey area in B.C.'s Golden Triangle, which hit 11 metres of volcanogenic massive sulphide (VMS) mineralization, grading 210 grams silver per tonne and 1.23 grams gold per tonne (4.11 grams gold-equivalent per tonne), starting at 194 metres. The section includes higher-grade intervals,...Read More

As Canada looks to responsibly develop its mining and minerals industry as part of its economic recovery plan from the Covid-19 pandemic, the government has announced a $4.5-million investment in E2Metrix to help mining operations recycle wastewater and operate more sustainably. The Quebec-headquartered company specializes in the treatment of wastewater.Wastewater for mining operations can often c...Read More

The world's top gold miners sought to reassure investors on Monday that they're not going on a spending spree despite surging gold prices boosting their shares and free cash flow.Read full newsRead More

In this interview, Andrew O'Donnell is joined by the President and CEO of FPX Nickel, based in Vancouver, Canada. The key topics they discuss are ?EUR? Carbon Ne...Read full newsRead More

Sep 21, 2020 (Baystreet.ca via COMTEX) --Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for...Read full newsRead More

(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More