Key data from Fastmarkets' pricing session in Europe on Wednesday April 22.Key drivers: Spot market sees thin trade but steady inquiries with buyers hoping to keep abreast of price changes in the context of supply cuts at CTT and Ambatovy, and upstream logistical pressures in Africa. Sellers...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday April 22.Key drivers Europe ferro-titanium market extends steady trend for a third consecutive week while supply worries support prices amid reduced production both within the continent and abroad. UK-based sources say domestic production has been cut up to as much as 20% from some furnaces due to reduced staffing levels while worke...Read More

Key data from the Wednesday April 22 pricing session in Shanghai.Key drivers Cobalt metal price drops in line with weak domestic futures market; cobalt prices on the Wuxi Stainless Steel Exchange wiped out the gains made earlier in the week, falling to a near one-month low.Market participants attributed...Read More

Hsikwangshan Twinkling Star Co, a major Chinese antimony producer, suspended production last week due to a fatal safety accident, giving antimony suppliers in the country the confidence to raise offer prices on expectations of reduced supply, market participants told Fastmarkets. The Lengshuijiang-headquartered company ceased production soon after the accident that caused one death and could be of...Read More

China's Zhejiang Yongjin Metal Technology plans to build a stainless steel cold-rolling mill in Thailand as part of a joint venture with Foshan Lianhongyuan Stainless Steel, the company said on April 20. The company is in the process of obtaining approvals from the relevant authorities and...Read More

The European charge and high carbon ferro-chrome benchmark has jumped by 13 cents, or 12.9%, to $1.14 per lb for the second quarter of 2020. The settlement is announced every quarter by Merafe Resources, which operates a chrome joint venture with trader-miner Glencore in South Africa. The benchmark is settled via negotiations between a leading South African ferro-chrome producer and a major Europe...Read More

The Covid-19 pandemic could nudge Chinese steelmakers toward using more electric-arc furnaces (EAF) to produce steel, market sources say.This is especially due to the huge market uncertainty caused by the ongoing global economic crisis. EAF-based production could offer mills - most of which are still heavily reliant on blast furnaces (BFs) - the flexibility they need in such circumstances to reduc...Read More

Vietnam's Formosa Ha Tinh Steel Corp will not announce its monthly offer prices for its steel supply for the first time in history."The company will engage in private price negotiations with individual customers based on their demand and inventory levels," a source told Fastmarkets on Wednesday April 22.Formosa Ha Tinh Steel Corp is one of two major blast furnace-based producers in Vietnam, togeth...Read More

Kirkland Lake Gold (TSX: KL; NYSE: KL) has released the results of 19 drill holes, as well as assays for 15 historical unreported and reinterpreted holes from the Macassa mine in Kirkland Lake, Ontario.These results expand the South Mine Complex (SMC) by at least 75 metres to the east of the current resource limits, and suggest a new corridor of high-grade mineralization at depth along the prospec...Read More

Mark Selby led a team that raised over $100 million and advanced the Dumont nickel-cobalt project in Quebec from an initial resource to a fully permitted, construction-ready project for RNC Minerals (TSX: RNX).Now the mining executive believes he's onto the next big nickel project in Canada with Crawford - a large tonnage nickel-cobalt sulphide discovery, 20 km north of Glencore's enormous Kidd Cr...Read More

Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not be enough to stop climate change.The forecast drop comes as transportation and industrial energy production has come almost to a halt globally, and it would be the biggest annual decline since World War II.In the pa...Read More

Bank of America has hiked its 18-month target for gold from US$2,000 to US$3,000 per ounce."As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure and investors will aim for gold," the bank says in a research note today."True, a strong US dollar backdrop, reduced financial market volatility, and lower jewelry de...Read More

Gold Resource (NYSE-AM: GORO) has released preliminary first-quarter production results for its mining operations in the U.S. and Mexico.In Nevada, its Isabella Pearl open-pit heap leach mine, the company's flagship property, produced 3,692 ounces in the first quarter. Isabella Pearl is located 174 km southeast of Reno in south-central Nevada's Walker Lane mineral belt. Production commenced in Apr...Read More

Gold a hit a new seven-year high Monday, with bullion stocks moving sharply higher as U.S. futures briefly topped US$1,770 per ounce.Read full newsRead More

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Verified thermal energy credits could do for methane capture what renewable energy credits did for wind and solar power.Read full newsRead More

Best Results Include 1.0m Core Length Grading 453g/t Silver and 8.31g/t Gold from Hole LV20-224 and 0.5m Core Length Grading 40g/t Silver and 43.7g/t Gold from LV20-229Read full newsRead More

Nexus Gold (TSXV:NXS) is pleased to report that the Ontario Ministry of Energy, Northern Development and Mines, has issued an exploration drill permit for the Company's 100%-owned McKenzie Gold ProjectRead full newsRead More

Best Results Include 1.0m Core Length Grading 453g/t Silver and 8.31g/t Gold from Hole LV20-224 and 0.5m Core Length Grading 40g/t Silver and 43.7g/t Gold from LV20-229Read full newsRead More