Eastern China's rebar prices increased slightly on Wednesday September 30 on stronger demand to end the short working week 20-40 yuan per tonne higher than last Friday.DomesticEastern China (Shanghai): 3,630-3,660 yuan ($533-538) per tonne, up by 10 yuan per tonneNorthern China (Beijing) weekly assessment: 3,570-3,590 yuan per tonne, down by 50 yuan per tonneMild weather and restocking demand ahea...Read More

Base metals prices and Asian-Pacific equities were mixed this morning, Wednesday September 30, although pre-market western equity index futures were weaker following a confrontational and not very presidential first debate between US President Donald Trump and former Vice President Joe Biden, the democratic candidate.China's official and Caixin manufacturing purchasing managers' indices (PMI) were...Read More

An overview of the minor metals markets and the reasons for any price moves.Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points in pre-opening trade.Index futures were virtually unchanged following release of economic news. Consensus for the September ADP Employment Report released at 8:15 AM EDT was an increase to 650,000 from an upwardly revised 481,000 in August. Actual was 749,000. Consensus for final estimate of second quarter a...Read More

Umicore will consolidate its production of battery chemicals in Europe and the United States, the company said on Wednesday September 30.The Belgian specialty chemicals company will move its cobalt refining capacities from the Olen plant in Belgium to the Kokkola refinery in Finland.The move to "one of the largest cobalt refineries globally" will allow "the business unit to produce at a larger and...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 transparencyinto 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 transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed cobalt alloy grade,...Read More

A summary of China's battery raw materials imports for August 2020.In brief China's imports of cobalt metal hit a historical high in August after importers in the country looked to take advantage of noticeable arbitrage opportunities. In addition, import appetite was spurred by wide-spread expectations of stockpiling by China's state reserve authority and the prospect of further price gains in the...Read More

A summary of China's battery raw materials exports for August 2020.In brief China's exports of graphite flake increased in August from a month earlier, with the rise mainly driven by the fulfillment of orders delayed due to the Covid-19 pandemic rather than a recovery in demand. China's lithium exports rose year...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 it applies. Fastmarkets...Read More

The European Commission (EC) has initiated anti-dumping proceedings concerning imports of stainless steel cold-rolled flat products originating in India and Indonesia. The investigation follows a complaint lodged on Monday August 17 by the European steel association Eurofer. The complaint alleges that imports of stainless steel cold-rolled flat products from India and Indonesia are being...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday September 30.Key drivers  Persistent tightness in titanium scrap supplies in Europe causes prices to climb for the third week in a row.  Scrap generation has fallen in line with a downturn in heavy industry, particularly the aerospace sector, with a fall in volumes from machine shops, forge shops and fabricators. National...Read More

The Chinese domestic stainless steel price narrowed upward over the week ended Wednesday September 30 due to an active market ahead of the National Day holiday on October 1-8. Domestic Stainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 14,400-15,100 yuan ($2,117-2,220) per tonne, up from 14,300-15,100 yuan per tonne a week earlier.Downstream factories raised procurement rates to...Read More

The UG2 chrome ore and ferro-chrome markets were stable in the week to Tuesday September 29, with trading activity slowing down ahead of the Golden Week holiday on October 1-8. Fastmarkets' chrome ore South Africa UG2 concentrates index basis 42%, cif China was $139 per tonne on Tuesday, unmoved from the preceding week.Sellers and buyers reported a lack of activity and told Fastmarkets t...Read More

Great Panther Silver changed its name to Great Panther Mining (TSX: GPR; NYSE-AM: GPL) last year after adding the Tucano gold mine in northern Brazil to its portfolio of two primary silver mines in Mexico and a silver-lead-zinc-copper project in Peru. Now gold makes up 80% of the company's revenue and silver the remaining 20%."It was a very transformational transaction," Great Panther's new presid...Read More

Sample results from this summer's regional exploration program at Troilus Gold's (TSX: TLG; US-OTC: CHXMF) 1,073-sq.-km namesake property in Quebec suggest a new zone of mineralization, Beyan, 8 km southwest of the Southwest zone deposit.Sample highlights from the new area include 9.7 grams gold per tonne and 1.1 grams silver per tonne; 2.81 grams gold per tonne; 2.69 grams gold per tonne; and 2.2...Read More

Kinross Gold (TSX: K; NYSE: KGC) says it plans to strengthen its medium-term production and cash flow profile with the US$93.7 million acquisition of the Peak Gold project in Alaska, 400 km southeast of its Fort Knox mine.The open-pit project, which is expected to start production in 2024, will be "a low-risk 'tuck-in'" to leverage the company's existing mill and infrastructure at its Fort Knox mi...Read More

Newmont Mining (TSX: NGT; NYSE: NEM), the world's largest gold producer, and Canada's Agnico Eagle Mines (TSX: AEM; NYSE: AEM) have formed a 50-50 joint venture in Colombia to explore the Mid-Cauca belt, in the country's northwest.The partners will focus on the Anz?? gold project, in which Newmont has earn-in rights, as well as other prospective gold targets of district-scale potential in Colombia...Read More

"BMO: Disruption to #nickel supply from New Caledonia continues, with an escalating blockade of SLN's Poum operation. In our view, the level of supply disruption seen in nickel this year is underappreciated. We forecast less nickel units to be mined this year than consumed."Read full newsRead More

"Corvus Gold Evaluating Production ScenarioMining Journal's Paul Harris is joined by Corvus Gold CEO & President & Director, Jeffrey A. Pontius for a comprehensive market update: https://t.co/VCWEmJcT2C#Miningjournal #corvusgold #KOR #CORVF #Nevada #development #Gold #mining"Read full newsRead More