Markets participants are in an optimistic mood while they focus on economic data that is improving and hopes of a Covid-19 vaccine this morning, Thursday July 2, while apparently choosing not to focus on the havoc that the pandemic is causing.US total vehicle sales climbed to an annualized 13.1 million units in June, after 8.7 million units in May; sales were around 17 million in 2019. Spanish une...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...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...Read More
China imported more than double the volume of cobalt metal in May compared with the same period last year due to arbitrage opportunities, according to market sources. China imported 435 tonnes of cobalt metal in May, up 107% year on year from 210 tonnes and 151% higher than April 2020 when imports totaled only at 173 tonnes, according to China Customs data. Several market participants cited the na...Read More
Key data from the Wednesday July 1 pricing session in Shanghai.Key drivers The cobalt metal price in China was marginally lower in the first half of this week after a persistent downturn in local futures prices was capped on Wednesday, while spot demand improved...Read More
Trade log for cobalt sulfate in China including transactions, 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...Read More
With competition in the global steel markets remaining fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world for June 2020.The case list below includes only updates. For other continuing cases this year, see the updates for May, April, March, February...Read More
China's domestic stainless steel prices edged up over the past week due to stock replenishing activity, with export prices following the upward move.Steady nickel prices lent further support to stainless steel prices, market sources said on Wednesday July 1. The three-month nickel contract on the London Metal Exchange ended Wednesday's official trading session at $12,620 per tonne, up by...Read More
Victoria Gold's (TSX: VGCX) Eagle gold mine in central Yukon reached the commercial production milestone on Canada Day. As of July 1, all of the facilities required for this stage of the mine life are now complete and, according to Victoria, the mining and processing operations are performing well."Site activities continue to progress well, and all facilities and operations are now at, or approach...Read More
As the United States pushes to dilute China's monopoly on rare earths and develop a domestic supply, Colorado-based Energy Fuels (TSX: EFR) is working towards being at the forefront of the race.Energy Fuels is the owner of the White Mesa mill in Utah, the only fully-licensed and operating conventional uranium mill in the United States. The facility is normally used to process radioactive ore and p...Read More
Victoria Gold Corp.'s Eagle Gold Mine Credit: Victoria Victoria Gold's Eagle gold mine reached the commercial production milestone on Canada Day. As of July 1, all of the facilities required for this stage of the mine life are now complete and, according to Victoria, the mining and processing operations are performing well."Site activities continue to progress well and all facilities and operati...Read More
An outcrop at the Juby gold project in Ontario. Credit: Temex Resources Colombia-focused Gran Colombia Gold has invested C$14 million in a private placement in its recent spinoff, Caldas Gold, to fund the acquisition of a project in Ontario's Abitibi greenstone belt.In a deal announced in May, Caldas Gold is acquiring the Juby project, 100 km southeast of Timmins, from South American Resources...Read More
Cerro Lindo zinc-copper-lead mine in Peru. (Image: Nexa Resources | Flickr.) Globally, mined zinc production will continue to ramp up over the coming years as elevated prices encourage miners to restart idled capacity and begin production at key new mines, according to Fitch Solutions' latest industry report. Global mined zinc production is poised for gains over the coming years, Fitch predicts....Read More