The price range for grade-304 cold-rolled stainless sheets narrowed upward this week while participants increasingly expect monthly alloy surcharges for September to rise substantially, Fastmarkets heard on Friday August 16.Fastmarkets' assessment of the price for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe was ?,?2,230-2,250 ($2,482-2,504) per t...Read More
Market participants in Asia expect PT Indonesia Tsingshan Stainless Steel to be the most significantly affected should the European Union decide to impose anti-dumping duties on imports of stainless hot-rolled coil and sheet from the region.The EU earlier this week initiated an anti-dumping investigation into imports of such products from China, Indonesia and Taiwan.The EU probe could further limi...Read More
The biggest stumbling blocks to older workers are…Avoid putting this red flag on your resume…Nothing ages someone more in an interview than…Dear Rich Lifer,Finding work in your 50s or 60s is no easy task, but new and somewhat surprising employment data suggests that prospects are improving, especially for older job seekers.One big reason?This is the tightest labor market in nearl...Read More
Holiday absences in the key markets of South Korea and Japan have limited spot trading in ferrous scrap in the week ended Friday August 16, with only a limited number of transactions heard concluded to Taiwan.Japanese exporters were not offering much material because most market participants were on vacation."Sellers in both the United States and Japan will probably lower their offers next week, w...Read More
Turkey's military pension fund, OYAK, has reached a provisional agreement to buy steelmaker British Steel, OYAK said on Friday August 16. OYAK is the biggest shareholder of Turkey's largest steel producer, Erdemir Group, and this agreement is a step toward in its goal to become a regional leader in steel sector, OYAK said. British Steel entered into compulsory liquidation in May 2019 and rece...Read More
Alexander Gysi, assistant professor of lithogeochemistry in the Department of Geology and Geological Engineering at Colorado School of Mines, was recently awarded a National Science Foundation CAREER Award to further his work on rare earth elements.His project, "Partitioning of Rare Earth Elements (REE) Between Minerals and Aqueous Fluids in Ore Deposits," will receive $577,485 in funding over fiv...Read More
In June, Cobalt 27 Capital's (TSXV: KBLT) board agreed to a $501-million takeover offer from Pala Investments, which already owns 19% of the company.Cobalt 27 has a cobalt stream on Vale's (NYSE: VALE) world-class Voisey's Bay nickel-copper-cobalt mine in Labrador beginning in 2021; holds an 8.5% joint-venture interest in the producing Ramu nickel-cobalt mine in Papua New Guinea; owns one of the w...Read More
Premier Gold Mines (TSX: PG) is convinced it can add years to the mine life at its 2,000-tonne-per-day Mercedes gold-silver mine in Mexico's Sonora state."We've got about a four- to five-year mine life based on current reserves, and that was the life when we bought it in 2016, so we've been successful in replacing reserves every year," the company's president and CEO, Ewan Downie, tells The Northe...Read More
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Columbus Gold Corp. (CGT: TSX, CGTFF: OTCQX) ("Columbus") is pleased to provide an update on the Montagne d'Or gold project.Montagne d'Or continues to garner strong local support as a catalyst for economic growth of French Guiana.As required by French regulations, the Montagne d'Or joint-ventureRead full newsRead More
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