The latest forecasts from Fastmarkets' team of analysts are ready to view.While downward pressure mounts on the steelmaking raw material markets, premiums for higher-grade iron ores have been sustained despite narrowing operating margins at Chinese steelmakers. Chinese mills are operating with shrinking margins since the end of last year but the premium for high-grade ores remains high. Historical...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This week Fastmarkets' analysts and price reporters shared their views and recent findings in a webinar revealing some distinct fundamental tensions for steel, refining alloys and, of course, steelmaking raw materials such as iron ore.While the outlook for chrome and manganese ores and alloys is balanced, as far as market pa...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.A 6% decline in the daily average 62% Fe iron ore fines benchmark last week contributed to the lowest quarterly price rise for the first quarter in five years, in spite of clear evidence of supply-side constraints. Although there were clear demand-related obstacles to iron ore suppliers raking in more typical, seasonal price...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Coronavirus continues to shape scrap markets but tighter supply may partly offset lower demandWe have downwardly revised our ferrous scrap price forecasts for the following few months and, as a result, for the whole year of 2020, with the Covid-19 outbreak outside China stalling the markets. The Fastmarkets' daily benchmark...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Having first hit Asia during early 2020, the Covid-19 viral outbreak is now having an even bigger impact on European countries and the US. Widespread lockdown measures have been put in place on people and industry, and economic activity has slowed markedly.For now, stainless steel markets in Europe and the US are yet to show...Read More

The S&P/TSX Composite Index rose 1.37%, or 193.30 points, to finish the April 13-17 trading week at 14,359.90. The S&P/TSX Global Mining Index rose 3.92% to 77.47, while the S&P/TSX Global Base Metals Index increased 0.34% to 73.34. Spot gold finished at US$1,686.50 per oz., a gain of 0.05%, and the S&P/TSX Global Gold Index climbed 6.11% to 306.28.Shares of Agnico Eagle Mines were up $7.04 to $...Read More

First Cobalt (TSXV: FCC; US-OTC: FTSSF) has staked new claims to the west of its Iron Creek cobalt-copper project in Idaho - increasing its landholdings by 50%.The 43 new claims staked cover an area of over 3.5 sq. km - increasing the project's total size to 10.5 square kilometres. "We've already invested around $10 million on our Iron Creek property," Trent Mell, First Cobalt's president and CEO...Read More

Even before COVID-19 had been declared a pandemic, the mining industry in Canada's northern territories was facing challenging circumstances. The ongoing protectionist trade wars were leading to lower commodity prices, and the impact on potential mine closures and decreased exploration expenditures was becoming more dire.According to preliminary figures released in February by Natural Resources Ca...Read More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.Read full newsRead More

"Empower Clinics (@EmpowerClinics) (#CSE: $CBDT | #OTCQB: $EPWCF) Closes Private Placement; Launches #ImmuneSystem #TeleMedicine Services and Patient Visits Up 480% [https://t.co/ximweV1IF3]#investing #stocks #stockmarket #trading #investors #cannabisnews #capitalmarkets"Read full newsRead More

Well-known mining experts continue to suggest precious metals are the place to be during the ongoing turmoil, but many have offered words of caution for inve...Read full newsRead More

Don’t be fooled by the massive upside swings we’ve had in recent weeks, interspersed between serious daily declines, as evidence we’ve “bottomed.” I really don’t think we’ll see a true bottom until the end of this year (at the earliest) or 2021 (more likely).Gold has not turned out to be the hedge most investors expected during this recent and extremely hi...Read More

Fresnillo's flagship Saucito mine in Zacatecas, the world's largest silver operation. (Image courtesy of Fresnillo). The deputy secretary of work at the national level for the Confederation of Mexican Workers, Javier Villarreal, asked the federal government to include mining in its list of 'essential services' so that operations can resume in May.Most economic activities were halted in Mexico in...Read More

(Image courtesy of Minera Panam??). Minera Panam??, a subsidiary of Canada's First Quantum Minerals (TSX: FM), announced that it is working towards taking home some 800 people currently in preventive quarantine at its Cobre Panam?? operation.In a media statement, the miner explained that 2,000 people were stuck at the mining complex when it entered into lockdown following the detection of covid-1...Read More

Reference image of the Mazda MX-5 hydrogen vehicle. (Image by 160SX, Wikimedia Commons). Researchers at Northwestern University in the US, in collaboration with computational modellers at the Colorado School of Mines and colleagues at the National Institute for Standards and Technology, developed an onboard storage method for hydrogen and methane gas for the next-generation clean energy vehicles....Read More

Here are five Fastmarkets stories you might have missed on Friday April 17 that are worth another look.Prices paid for Brazil-origin steel slab in export deals have narrowed in the week ended April 17, with recovering demand in Asia and Europe resulting in increased numbers of deals, sources said.The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprece...Read More

Here are five Fastmarkets stories you might have missed on Friday April 17 that are worth another look.Prices paid for Brazil-origin steel slab in export deals have narrowed in the week ended April 17, with recovering demand in Asia and Europe resulting in increased numbers of deals, sources said.The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprece...Read More

Here are five Fastmarkets stories you might have missed on Friday April 17 that are worth another look.Prices paid for Brazil-origin steel slab in export deals have narrowed in the week ended April 17, with recovering demand in Asia and Europe resulting in increased numbers of deals, sources said.The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprece...Read More

Here are five Fastmarkets stories you might have missed on Friday April 17 that are worth another look.Prices paid for Brazil-origin steel slab in export deals have narrowed in the week ended April 17, with recovering demand in Asia and Europe resulting in increased numbers of deals, sources said.The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprece...Read More