Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao, rose to a new record high on Tuesday April 27 with iron ore prices all going up further. The 62% Fe index has been above the previous high of $183.59 per tonne, set in January 2011, since April 20.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $195.31 per tonne, up by $1.73 per tonne62% Fe low-alumina fines, cfr Qingdao: $196.35 pe...Read More

Aluminium smelters are reeling in profits, with the London Metal Exchange aluminium price and premiums at multi-year highs and raw material prices depressed due to oversupply, sources said.The LME three-month aluminium price traded at a high of $2,412 per tonne so far on Tuesday, the highest since April 23, 2018, when the price hit a high of $2,531 per tonne."The light metal remains well supported...Read More

Copper and nickel were the leaders of the rally during morning trading on Tuesday April 27 on the London Metal Exchange, rising by 1.6% and 1.7% as of 9am from their Monday prices, which were also on an upward momentum.LME copper's three-month price is nearing its all-time high of $10,190 per tonne from February 2011, having hit $9,965 per tonne during early trading. It was at $9,911 per tonne at...Read More

A summary of South32's results for its third quarter ending March 31, 2021.In brief:Net cash increased by $242 million to $517 million in the quarter due to a strong operating performance combined with improving commodity prices. Brazil's sellable alumina production increased by 1% to a record 1,049,000 tonnes in the nine months to March 2021 while the refinery continued to benefit from strong pla...Read More

Copper is once again pushing ahead with its advance toward $10,000 per tonne this morning, Tuesday April 27, and such is the upward momentum now across most of the complex that it has woken nickel up from its two-month slumber in low ground. Market focused on economies that are recovering......less so on the areas where Covid-19 is ragingBase metalsMost of the LME three-month base metals prices we...Read More

Workers at silicon and manganese producer FerroAtlantica's Monzon plant in Spain have called a one-day strike on Thursday April 29, after a restructuring of the ferro-alloys production unit was announced, Fastmarkets learnt on April 27.A third meeting between employees and the company to negotiate collective redundancies heard a proposal by owner Ferroglobe that these would affect 63 workers at th...Read More

Ferroglobe will restructure its ferro-alloys production plants in France and Spain, which will affect manganese alloys, silicon and foundry alloys output near term, the company told Fastmarkets.Spain-based Ferroglobe has the production capacity for more than one million tonnes per year of ferro-alloys, such as manganese alloys, ferro-silicon, ferro-silicon magnesium, as well as foundry alloys such...Read More

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it...Read More

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs...Read More

A recent downturn in the spot price for cobalt was not causing alarm among sellers because they were still seeing plenty of demand from customers with long-term contracts, sources have told Fastmarkets.Fastmarkets' latest price assessment for cobalt, standard grade, in-whs Rotterdam, was $20.50-22.00 per lb on Monday April 26. This compared with $15.40-16.00 per lb a year earlier.Prices have risen...Read More

This week's episode features an in-depth interview with Bluestone Resources president and CEO Jack Lundin on the company's Cerro Blanco project and its accompanying Mita geothermal project in Guatemala. Jack also discusses his previous role at Fruta del Norte and the transition to becoming president of Bluestone Resources in April.All this and more with host Adrian Pocobelli.Music Credits:"Rattles...Read More

The British are not especially peaceful. Since the Act of Unification in 1707, the Kingdom of Great Britain has fought in over 120 wars across a total of 170 countries. During this period (and contrary to the popular perception) we have been allies with France (in 18 wars) almost as many times as we have fought them (20 wars). Perception is tainted, perhaps, by the Middle Ages, when five generatio...Read More

UniGold (TSXV: UGD; US-OTC: UGDIF) has released the results of a preliminary economic assessment of a stand-alone oxide gold project, which it says will provide cash flow as the company continues to expand and evaluate the larger sulphide resource that it believes offers a longer term development opportunity at the Candelones project in the Dominican Republic.Joe Hamilton, the Toronto-based junior...Read More

Vale (NYSE: VALE), the world's no.1 nickel producer, is evaluating a potential spinoff of its base metals division as part of the miner's growing interest in the electric vehicles (EV) sector.The company, which is said to be in talks with Tesla and other EV supply chain actors about securing nickel from its Canadian operations, is in the midst of expanding its Voisey's Bay site in the province o...Read More

Barrick Gold (TSX:ABX; NYSE:GOLD), the world's second-largest bullion miner, said a third underground mine at the company's giant Loulo-Gounkoto gold complex in Mali has reached its first mining level and is scheduled to start delivering tonnes to the plant during the current quarter.The Toronto-based company has also started a prefeasibility study on two more mines on the Loulo permit - an underg...Read More

Since beginning drilling this year at its Diagras joint-venture project in Lac de Gras, Northwest Territories, earlier this month, Arctic Star Exploration (TSXV: ADD) has already found two new kimberlites.Diagras, a joint-venture between Arctic Star and Margaret Lake Resources (TSXV: DIA), already hosts 23 kimberlites previously unearthed by De Beers in the 1990s.Arctic Star is now conducting a $2...Read More

The Ontario government is launching a new program to fund junior exploration in the province and upping financial support for the Ontario Mine Rescue program.The province's 2021 budget, which laid out the initiatives, was tabled on March 24 and was passed on April 26. The document sets out $23 billion in spending targeted at bolstering the provincial economy, and $16.3 billion for health-related m...Read More

When Northern Vertex (TSXV: NEE, US-OTC: NHVCF) released its first quarter production results of 9,912 gold equivalent ounces at its wholly owned Moss gold mine in Mohave County, Arizona on April 19, it marked the beginning of the metamorphosis of a mine that had been almost forgotten. Moss is the state's largest precious metals mine, with total measured and indicated resources of 360,000 ounces...Read More

Emmerson's premium offeringSPONSOREDemmerson plcAlto emerging on song at SandstoneSPONSOREDalto metalsTowards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaWMX resetting the base for new Wiluna futureSPONSOREDwiluna mining corporationScrape around for some negative commentary, however, and you'll find those who fret about labour negoti...Read More

Freeport-McMoRan among market risersRead full newsRead More