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

After a consultation period, Fastmarkets has amended the frequency of its two low-volatility pulverized coal injection (PCI) indices to weekly from daily pricing starting from March 15, 2021. This decision was made due to the illiquid nature of the spot market, which has been further affected by China's ongoing ban on Australian coal imports. All historical data relating to these prices prior...Read More

The price range for rebar imports into Singapore widened during the week to Monday March 15 on steady demand from buyers and lower-priced cargoes from India, sources told Fastmarkets.There was one transaction heard concluded at $685 per tonne cfr Singapore on a theoretical weight basis for a 50,000-tonne cargo from Turkey, and another transaction heard concluded at $675 per tonne cfr Singapore on...Read More

The seaborne premium hard coking coal price in the fob market remained weak on Monday March 18 because there is sufficient supply of Australia coking coal supply to ex-China markets, market sources told Fastmarkets.Fastmarkets indicesPremium hard coking coal, fob DBCT: $114.52 per tonne, down $3.05 per tonnePremium hard coking coal, cfr Jingtang: $212.86 per tonne, up $0.43 per tonneHard coking co...Read More

When considering the prospects for the new Shanghai International Energy Exchange (INE) copper contract, a senior executive at one of the world's largest metals trading companies quoted Hamlet's soliloquy in the Shakespearian play of the same name."In terms of promotion of the internationalization of the renminbi and weakening of the pricing power of the [London Metal Exchange] and CME: 'To be or...Read More

Seaborne iron ore prices were lower across the board on Monday March 15 due to weak trading sentiment after a heavy sandstorm in Beijing added to concerns about the impact of emissions restrictions in Tangshan on iron ore demand. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $163.33 per tonne, down $2.11 per tonne 62% Fe low-alumina fines, cfr Qingdao: $163.61 per tonne, down $1.92 per t...Read More

China's domestic rebar prices dropped on Monday March 15 on destocking pressure despite a strengthening of the futures market.DomesticEastern China (Shanghai): 4,680-4,700 yuan ($720-723) per tonne, down by 20-30 yuan per tonne Tangshan has rolled back its emergency measures to combat heavy pollution.Blast furnaces in the city were producing at an average rate of 79% during the day, up by 3 percen...Read More

Most investors have heard of the GameStop frenzy. GameStop is a brick-and-mortar retail outlet for video games, equipment and accessories.It has long been considered a dying company by Wall Street because it does not have a strong online presence. It seemed to be headed in the same direction as Blockbuster after Netflix arrived with a streaming model for movie rentals to replace Blockbuster’...Read More

Aluminium's London Metal Exchange three-month price rose above $2,200 per tonne in early morning trading on Monday March 15, while the rest of the complex were consolidating from "early March weakness." Aluminium's price was up by 0.9% at $2,191 per tonne at 9am on Monday, having reached as high as $2,204 per tonne during early trading. LME aluminium warehouse data showed 44,725 tonnes of material...Read More

Markets are starting the week mixed with base metals prices and equities in different regions showing divergent performances this morning, Monday March 15. United States 10-year treasuries yields strong at 1.64%, showing risk-onChina's industrial production and retail sales climb more than expected......but unemployment also risesBase metals Three-month base metals prices on the London Metal Excha...Read More

Intense scrutiny of production curbs in China's Tangshan region - its steelmaking hub - kept prices for seaborne iron ore pellets supported in the week ended Friday March 12, though those for concentrate weakened amid falling futures.Fastmarkets iron ore indices65% Fe blast furnace pellet, cfr Qingdao: $227.43 per tonne, up $2.19 per tonne.66% Fe concentrate, cfr Qingdao: $194.84 per tonne, down $...Read More

Key data from the pricing sessions in the United States, Europe and Asia for the week ended Friday March 12. United States  Short supply supported the price rally that has now entered its eighth week.  Spot demand remains good despite a slowdown in automaking related to a shortage of computer...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 applies.Fastmarkets...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,...Read More

Key data from Fastmarkets' pricing session on Friday March 12 in Shanghai.Key drivers China's export prices for manganese flake fell amid fewer overseas inquiries, with a majority of consumers remaining on the sidelines after completing...Read More

Key data from Fastmarkets' pricing session in China on Friday March 12.Key drivers Cobalt metal price in China falls amid weak market sentiment following a slump in local futures prices, while spot trading was thin due to buyers' reluctance to accept higher prices.Chinese cobalt tetroxide market was...Read More

The European spot ferro-silicon price resumed a longer-term trend higher during the week to Friday March 12 after a brief pause, with market worries about longer-term supplies prompting higher offers and deals, sources told Fastmarkets.Fastmarkets' price assessment for ferro-silicon lumpy basis 75% Si (scale pro rata), delivered Europe was ?,?1,360-1,450 ($1,625-1,732) per tonne ddp on Friday, up...Read More

Gran Colombia Gold (TSX: GCM) is acquiring Gold X Mining (TSXV: GLDX) in an all-share deal valued at $315 million, after a three-way merger proposal that included Guyana Goldfields was scuttled last year by China's Zijin Mining.The combination of assets - Gran Colombia's producing Segovia operations and Gold X's Toroparu advanced gold project in Guyana - would create a new "Latin American-focused...Read More

Australia-based producer Evolution Mining (ASX: EVN) is acquiring Red Lake-focused gold developer Battle North Gold (TSX: BNAU) in a $343-million, $2.65 a share, all-cash deal. The two companies have entered into a definitive arrangement agreement with Evolution agreeing to acquire all of the Battle North shares outstanding.The $343-million cash offer represents a 46% premium to Battle North's las...Read More

Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalRex ready to rollSPONSOREDrex mineralsDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesNot messing up the environment, being a good corporate citizen and following strong governance values, ar...Read More

Former Xstrata boss Mick Davis' newly founded battery metals investment firm Vision Blue Resources is stepping up efforts to reach the goal of becoming a battery metals giant by launching a US$300 million special-purpose acquisition company.ESM Acquisition Corp. (NYSE: ESM), co-sponsored by Vision Blue Resources and private equity mining investor The Energy and Minerals Group, floated in the U.S....Read More