Negotiations over premiums for direct-reduced (DR) iron ore pellet for the third quarter of 2020 are still ongoing, sources told Fastmarkets.Vale - the largest global supplier of DR pellets - will diversify the premium depending on the tonnage a buyer will purchase during the quarter, sources told Fastmarkets. "We've not agreed the premium yet because normally we buy five to six cargoes per q...Read More

Aluminium premiums in Rotterdam are on an upward trend for the first time since the Covid-19 pandemic took hold of Europe, with benchmark P1020 premiums at four-month highs. Fastmarkets assessed the aluminium P1020A premium, in-whs dup Rotterdam at $90-95 per tonne on Friday July 31, up from $85-90 per tonne the week before. The midpoint of $92.50 per tonne is the highest since April 3 - the...Read More

China's domestic hot-rolled coil prices surged on Monday August 3 to reach their highest since October 2018 amid optimism generated by rising manufacturing activity.DomesticEastern China (Shanghai): 4,060-4,070 yuan ($582-584) per tonne, up 70-90 yuan per tonneSeveral Shanghai-based traders told Fastmarkets that trading activity in that region was merely moderate because buyers were reluctant to p...Read More

The three-month zinc price on the London Metal Exchange was down during morning trading on Monday August 3, with price action slipping back below the newly-established $2,300-per-tonne support level, while narrower forward spreads helped tin futures retain recent momentum. Zinc's outright price on the LME was recently seen at $2,289 per tonne, slipping just over 1% from Friday's closing price of $...Read More

China's domestic and export prices for rebar moved up on Monday August 3 amid rising futures stimulated by the release of positive economic data. Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($522-526) per tonne, up by 40 yuan per tonneChina's manufacturing purchasing managers' index was 51.1 points for July, up by 0.2 points from June, according to the National Bureau of Statistics. This i...Read More

The metals and equity indices were mixed this morning, Monday August 3, with numerous crosscurrents affecting the markets.Data this morning showed China's Caixin manufacturing purchasing managers' index (PMI) climbed to 52.8 in July from 51.2 a month earlier, while Japan's manufacturing PMI rebounded to 45.2 from 42.6 over the same comparison. But the continuing spread of the Covid-19 in the world...Read More

A summary of Belgian battery materials company Umicore's results for the first six months of 2020, as stated in its half-year report published on Friday July 31.In brief Revenues from the Energy & Surface Technologies division were down by 8% year-on-year in the first half of 2020, to ?,?557 million ($656 million), due to the effect of the Covid-19 pandemic on sales of electric vehicles (EVs). Ear...Read More

The Covid-19 pandemic has hampered global trade in an unprecedented way, with countries across the world imposing trade restrictions in their attempts to contain the spread of the virus, and with production and consumption being scaled back due to the weakened economic activity.As a result, world trade volumes showed a decrease of nearly 17% in the first five months of 2020, according to the lates...Read More

The cobalt alloy grade, in-whs Rotterdam 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 assessed...Read More

The cobalt standard grade, in-whs Rotterdam 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 assessed cobalt standard grade, in-whs Rotterdam at $13.90-14.35/lb on Monday August 3, 2020. ...Read More

China's domestic bismuth price has maintained its strong market level in a tight spot market, after picking up in mid-July, trading sources said.Fastmarkets' weekly price assessment for bismuth 99.99% Bi min, in-whs China was at 37,000-38,500 yuan ($5,306-5,521) per tonne on Friday July 31, up by 1,500 yuan per tonne or 4.1% from 36,000-36,500 yuan per tonne a week earlier. Market participants ha...Read More

The latest forecast from Fastmarkets' team of analysts is ready to view.As we enter the summer season across the northern hemisphere, almost half a year has passed since the Covid-19 pandemic began to seriously affect Europe and the United States.One would not really be able to tell that such a dramatic event had occurred by looking at stainless steel prices, however, because they are more or less...Read More

The global equity markets have been highly volatile this year amid the uncertainty created by the pandemic. The outbreak of COVID-19 had led to a slowdown in economic activities across the world. So, the central banks in the United States and Canada had lowered the interest rates to boost the economy. The lower interest rates have also reduced the yields on bonds and debts, thus making them less a...Read More

Are you looking to increase your dividend income today? Well, I’m here to tell you that dividend growth stocks are not a thing of the past. Many gold stocks are awash in cash these days. Read on for the gold stock with the strongest dividend growth profile and the best investment case to buy.Today, the world is in the midst of the crisis of a lifetime. The coronavirus pandemic has touched ev...Read More

The Association for Mineral Exploration (AME) is accepting submissions for AME MinEx Talks.AME MinEx Talks are formatted as short, inspirational TED Talks-style of approximately 12-15 minutes in length, aiming to leave the audience inspired and ready for dialogue.Topics still available for submission are:Social LicenseModern Financing/Finance TrendsEnvironmental, Health & Safety InnovationTechnolo...Read More

Mining interoperability. Credit: RPMGlobal. RPMGlobal has partnered with the University of Western Australia's (UWA) Energy and Resources Digital Interoperability Industry 4.0 (ERDi i4.0) Testlab and Enterprise Transformation Partners (ETP) to help advance standards-based interoperability for the mining industry.Under the partnership, RPMGlobal will collaborate on the AMIRA P1208 Enabling Inter...Read More

Rothsay automation layout. Credit: RCT Redpath Australia has selected RCT, a company specializing in autonomous solutions, as its technology partner at Silver Lake Resources' development-stage Rothsay underground gold project.RCT will install its ControlMaster guidance automation technology, which features the company's latest Auto Dump feature, onto three Sandvik LH203 underground loaders...Read More

Rio Tinto has completed a 10-hole bulk sample at Star Diamonds' Star-Orion South project in Saskatchewan using a Bauer trench butter rig. Credit: Rio Tinto Star Diamond has begun to receive results from Rio Tinto's bulk-sampling program at the Star-Orion South project in central Saskatchewan.Rio has so far processed material from four of the 10 trenches excavated from the Star kimberlite at the...Read More

Goldlund Project (Credit: First Mining Gold). Treasury Metals and First Mining Gold reported high-grade intercepts from drilling at the Goldlund project in northwestern Ontario, completed to define the mineralization in the eastern portion of the existing resource.In June, Treasury announced that it was acquiring the Goldlund project from First Mining - the transaction is expected to close by...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 4, 2020 The main theme for gold and silver investors right now is what I call the “SHO” theme; space helmets on! Simply put, as I predicted several years ago, gold (and silver) are becoming accepted as a major asset class for wealth building.Institutional money managers a...Read More