Import prices for stainless steel in East Asia were mostly stable over the past week due to soft demand in the region.Fastmarkets MB's weekly import price assessment for benchmark 304 stainless 2mm trimmed cold-rolled coil in East Asia was $2,030-2,100 per tonne cif on Wednesday April 10, narrowing downward by $10 per tonne from a week earlier. Fastmarkets' weekly import price assessment for bench...Read More
The same factors that have weighed on US silicon prices over the past year pushed spot prices lower again this month, although the low end of the range held firm for the first time in 2019, according to Fastmarkets AMM's assessment on Wednesday April 10.This might signal that the market has finally hit bottom, some supply-side sources suggested.Fastmarkets AMM assessed the US domestic delivered si...Read More
Fastmarkets MB has corrected its cobalt sulfate, Co 20.5% min, China ex-works, adjustment to standard-grade cobalt low-end price at Co 20.5% basis, $/Ib, which was published incorrectly on Wednesday April 10. The assessment was incorrectly published at -$0.75 - +$0.13 per lb due to a calculation error, and has been revised to -$0.15 - +$0.03 per lb. Fastmarkets MB's price book and database ha...Read More
The European Union Council of Ministers has accepted a proposal that steel, iron and non-ferrous metal producers should be allocated free carbon allowances under the EU emissions trading system (EU ETS) until 2030. The decision, backing a proposal from the European Commission, has been made because of concern that steel and other metal production could move outside the EU if the industry was force...Read More
Cobalt prices rose again on Wednesday April 10 as buyers have continued to restock while encountering newfound metal tightness into the second quarter of this year.Fastmarkets assessed the standard-grade cobalt price at $15.30-16.75 per lb, in-warehouse, on Wednesday, up by 4.4% from $14.50-16.20 per lb in the previous assessment on April 5. The price for alloy-grade material rose further; Fastmar...Read More
Stainless steel prices in the United States rose further this month, helped by higher alloy surcharges due mainly to continued stabilization in nickel prices and higher chrome prices.Fastmarkets' assessment for Type 304 and Type 304L stainless cold-rolled sheet stood at $128 and $130 per hundredweight, respectively, on Wednesday April 10, both up by $6 per cwt from two weeks earlier. The pric...Read More
Low-grade manganese ore prices have held relatively steady since rebounding from this year's lows in January, when market participants toned down fears of oversupply in the alloy market. Normally volatile low-grade manganese ore prices have held relatively steady since rebounding from this year's lows in January, after which market participants toned down fears of oversupply in the alloy market. F...Read More
China's stainless steel prices were stable over the past week, but participants said they expect prices will drop soon.Fastmarkets MB's domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,400-14,800 yuan ($2,144-2,204) per tonne including value-added tax for the week ended Wednesday April 10, unchanged from a week earlier.Buyers maintained a sl...Read More
This episode features highlights from the Canadian Mining Hall of Fame's 31st annual induction ceremony held in Toronto earlier this year. The 2019 inductees are discoverer Kate Carmack, geologist James M. Franklin, company-builder James W. Gill, mine-builder Sandy Laird and geologist Brian Meikle.In 2019, the Canadian Mining Hall of Fame welcomed five new inductees (clockwise from top left): Kate...Read More
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**FOLLOW KEV ON INSTAGRAM** http://www.instagram.com/kevinedwardsjrJoin ya boy's channel memberships for special perks: https://www.youtube.com/channel/UCrkf...Help me reach 4,400,000 subscribers! Click here to subscribe! ?-? https://goo.gl/1ldLPxSnapchat- ADayWithKevTwitter- http://www.Twitter.com/KevinEdwardsJrInstagram- http://www.Instagram.com/KevinEdwardsJrFacebook- http://www.Facebook.com/Ke...Read More
**FOLLOW KEV ON INSTAGRAM** http://www.instagram.com/kevinedwardsjrJoin ya boy's channel memberships for special perks: https://www.youtube.com/channel/UCrkf...Help me reach 4,400,000 subscribers! Click here to subscribe! ?-? https://goo.gl/1ldLPxSnapchat- ADayWithKevTwitter- http://www.Twitter.com/KevinEdwardsJrInstagram- http://www.Instagram.com/KevinEdwardsJrFacebook- http://www.Facebook.com/Ke...Read More
Join ya boy's channel memberships for special perks: https://www.youtube.com/channel/UCrkf...Help me reach 4,400,000 subscribers! Click here to subscribe! ?-? https://goo.gl/1ldLPx**FOLLOW KEVIN ON INSTAGRAM**Instagram- http://www.Instagram.com/KevinEdwardsJrSubscribe to GamingWithJaden: https://goo.gl/kPNdf9ROBLOX JAILBREAK MILITARY JEEP NEW UPDATE CHALLENGE GAME PLAY FUNNY KIDS!!Let's keep the c...Read More
Green shoots? Anyone seeing the green shoots of a Springtime recovery in lithium stocks? No, me neither.... However, I do note one positive development, Lithium Americas is receiving US$160M for 12.5% of its JV brine project in Argentina. That implies a C$1.7 billion valuation for the entire project, of which Lithium Americas will own half. This is the best news since POSCO paid US$280M to Galaxy...Read More
Does your portfolio include any precious metals investments? Gold miners have been viewed as the de facto must-have stocks to add to any well-balanced portfolio for as long as anyone can remember. I’m not saying that its not a good idea to have a miner or two in your portfolio, but when it comes to the precious metals sector (and all of its volatility), there are better options to consider a...Read More
Green shoots? Anyone seeing the green shoots of a Springtime recovery in lithium stocks? No, me neither.... However, I do note one positive development, Lithium Americas is receiving US$160M for 12.5% of its JV brine project in Argentina. That implies a C$1.7 billion valuation for the entire project, of which Lithium Americas will own half. This is the best news since POSCO paid US$280M to Galaxy...Read More
Gold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold's relative performance during the quarter, when the stock market had its best quarterly performance in many decades, is evidence of the underlying strength building in the precious metals sector.Furthermor...Read More
The placing and subscription involved a total 444.4 million ordinary shares at a price of 0.135p each, with 407.4 million as part of the placing.Of the 37 million shares in the subscription, 7.4 million were taken up by CEO Andrew Prelea and 29.6 million by director Roy Tucker, bringing their shareholding in the company up to 0.49% and 0.88%, respectively.Vast (AIM:VAST) has applied for the s...Read More
Toho has put $20 million into the joint venture company Abra Mining, with another $10 million on its way once the definitive feasibility study is completed - still expected to be mid-year.Read More
Diamond drill core storage for the Vizcachitas Project located 130 km northeast of Santiago, Chile. Source: Los Andes Copper Ltd.The sharp rise in the value of Los Andes Copper Ltd. [LA-TSXV] shares continued Friday April 12 as investors reacted to this week's news that the company has won the approval of Chile's Environmental Evaluation Service in connection with drilling work at its Vizcachitas...Read More