Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe inferred resource is up 90% to 373.6 million tonnes at 0.31% copper, 58.5 grams per tonne molybdenum and 0.05gpt gold, using a 0.2% copper cut-off.Read More

A summary of the financial performance of Brazilian steel and iron-ore producer Companhia Sider??rgica Nacional (CSN) in the fourth-quarter and full-year 2019, as reported on Wednesday March 4.In brief CSN's slab output was significantly lower throughout 2019 while its blast furnace (BF) No3 was idled for revamp work over more than three months until late October. Steel sales volumes were down in...Read More

Seaborne iron ore prices rose on Thursday March 5 amid fresh concerns about Brazilian shipment volumes in the current quarter, with the traded price for the benchmark Brazilian low-alumina brand moving up during the day.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $92.57 per...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesChina's economic activity has reduced to the extent that there have been news reports the government asked copper producers in Chile and Peru—which supply 50% of its copper concentrates—toRead More

The United States' ferrous scrap export market has gone quiet on the East Coast amid expectations that prices will fall when the next sale to Turkey is completed.A drop in reinforcing bar prices and demand has provided enough motivation for Turkish mills to stay out of the market for now.Rebar bids in Turkey have declined to $425 per tonne fob from recent sales at $440 per tonne, one East Coa...Read More

Broad-based government action to lower interest rates and make money available to the markets have helped underpin the financial system and confidence, and that has led to some risk-on in some sectors this morning, Thursday March 5. Following on from the United States Federal Reserve’s emergency 50-basis-point rate cut on Tuesday, Wednesday saw the US House of Representatives approve an emerg...Read More

China's domestic hot-rolled coil prices were largely stable on Thursday March 5 although supply continued to rise, with an optimistic outlook for demand providing some support to the market.DomesticEastern China (Shanghai): 3,510-3,520 yuan ($504-506) per tonne, narrowing downward by 10 yuan per tonneNorthern China (Tangshan): 3,300-3,310 yuan per tonne, widening upward by 10 yuan per tonneTrading...Read More

China's domestic rebar prices edged up on Thursday March 5 on strengthening demand and improved sentiment in the market.Eastern China (Shanghai): 3,430-3,450 yuan ($494-497) per tonne, up 10 yuan per tonne Northern China (Beijing): 3,280-3,330 yuan per tonne, widened upward by 10 yuan per tonneSales are gradually improving this week, with a few big traders each selling 1,000 tonnes of rebar during...Read More

Weakness in cobalt metal prices along with growing concerns of disruptions to downstream battery operations in South Korea amid an outbreak of novel coronavirus (2019-nCoV) are weighing heavily on the Chinese cobalt sulfate market.Fastmarkets' price assessment for cobalt sulfate 20.5% Co basis, exw China was 53,000-55,000 yuan ($7,615-7,903) per tonne on Wednesday March 4, a drop of 2,000 yuan per...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 76 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was 212,000 versus 219,000 last week. Actual was 216,000. Consensus for Fourth Quarter Non-farm Productivity was growth at an annualized rate of 1.4% versus a de...Read More

Benchmark prices for cobalt metal and payables for intermediates are largely holding on to modest gains made in recent weeks, with sellers happy to hold out for higher numbers, despite only cautious restocking. Fastmarkets' cobalt hydroxide payable indicator min 30% Co, cif China held at 67-69.5% of the standard-grade cobalt price (low-end) on Wednesday March 4, where it has been since February 19...Read More

Trade log for cobalt sulfate in China including business, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co...Read More

Mark Bristow used his keynote address at the 2020 PDAC conference to stress the importance of exploration for miners."It's geologists and exploration that drive value creation and delivery in our industry," said Bristow, president and CEO of Barrick Gold (TSX: ABX; NYSE: GOLD). "The need to invest in its human capital as well as the physical activity itself is pressing.""Discovery and development...Read More

Canada's Minister of Natural Resources Seamus O'Regan made his first appearance at the Prospectors and Developers Association of Canada (PDAC) convention in Toronto last week, knowing he would be under the spotlight as the new man in town from Ottawa. Since taking on the ministerial portfolio last November, O'Regan has faced a series of issues that affect the resources industries in Canada, most n...Read More

The Republic of Guinea has selected a China-backed consortium to develop blocks 1 and 2 of the Simandou deposit, which holds estimated reserves of more than 2 billion tonnes of high-grade iron ore.The SMB-Winning consortium includes Singapore-based owner Winning Shipping, Chinese aluminum producer Shandong Weiqiao, China's Yantai Port Group, and Guinea-based transport and logistics firm United Min...Read More

Among the many challenges facing the minerals exploration and mining industry, Environmental, Social and Governance (ESG) issues are receiving increased attention, with ESG programs now critical components of a company's strategy and business planning.The Prospectors and Developers Association of Canada (PDAC) convention in Toronto offered several ESG and sustainability-themed sessions focussed on...Read More

Australian gold producer and rare earths developer Alkane Resources (ASX: ALK) is a step closer to developing its Dubbo project after Australia's export credit agency confirmed its interest in financing the proposed mine.Dubbo, in central New South Wales, is an advanced polymetallic project with large in-ground resources of zirconium, hafnium, niobium, yttrium and rare earths.Due to the size of th...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesFinancing risks can be managedSPONSOREDHenry is the eighth chief executive in 23 years at the world's biggest miner.Read More

The Mototrends Milwaukee Auto show delivered an exciting AR Scavenger hunt for all attendances that included TWENTY 3D MODELS of futuristic cars. Attendees w...Read full newsRead More

"$XOG - Extraction Oil & Gas' (XOG) CEO Matt Owens on Q4 2019 Results - Earnings Call Transcript. https://t.co/SlxNhV9rVN #trading #business #stocks"Read full newsRead More