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
Iron ore prices went up on Tuesday March 16 on support from the demand recovery following the easing emissions restrictions in Tangshan, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $166.32 per tonne, up $2.99 per tonne62% Fe low-alumina fines, cfr Qingdao: $166.40 per tonne, up $2.79 per tonne58% Fe fines high-grade premium, cfr Qingdao: $152.72 per tonne, up $...Read More
The seaborne premium hard coking coal price in the fob market rebounded on Tuesday March 16 amid recovered buying interest, market sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $116.1 per tonne, up $1.58 per tonnePremium hard coking coal, cfr Jingtang: $212.86 per tonne, unchangedHard coking coal, fob DBCT: $108.15 per tonne, down $0.50 per tonneHard coking coal, cfr Jingtang...Read More
China's domestic hot-rolled coil market softened on Tuesday March 16 while export prices increased amid heightened concerns over an export tax rebate cut in the country.DomesticEastern China (Shanghai): 4,950-4,970 yuan ($761-765) per tonne, down 20 yuan per tonneMany market participants told Fastmarkets that they had been hearing about a possible lowering of the HRC export tax rebate earlier in t...Read More
Three-month base metals prices on the London Metal Exchange were down across the board during morning trading on Tuesday March 16, with tin's price falling the most to $24,630 per tonne - this after the complex mostly ended in positive territory on Monday. "A slew of macro releases out of China also buoyed sentiment [on Monday]. In this regard, China's industrial output rose 35% in the first two m...Read More
Base metals prices were mixed this morning, with those on the London Metal Exchange mainly weaker, while prices on the Shanghai Futures Exchange were more mixed this morning, Tuesday March 16, but Asian-Pacific equities were upbeat. United States 10-year treasuries yields have eased to 1.59%, from 1.64%Wall Street equity indices set fresh record highs on MondayBase metals Three-month base metals p...Read More
China's aluminium market was buoyant on Monday March 15 amid positive sentiment generated by the latest production cuts ordered by local authorities in Baotou city, the capital of Inner Mongolia autonomous region.The city's Development and Reform Commission last Friday issued an additional notice on measures to control energy consumption in the first quarter.The commission required Xinhengfeng Ene...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...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....Read More
The Chinese selenium price climbed to a more than 19-month high amid active trading last week, with a strengthening crude selenium market prompting sellers to raise their offers.Fastmarkets' weekly price assessment for selenium 99.9% Se min, in-whs China was 120-160 yuan ($18-26) per kg on Friday March 12, up by 25-40 yuan per kg (30.2%) from 95-120 yuan per kg a week earlier. The low end of the r...Read More
This week's episode features Stephen Stewart, chair of Global YMP and YMP Scholarships, who discusses this year's Young Mining Professionals award winners, Maggie Layman of Osisko Development and Matthew Fenton of privately held Magris Resources. The awards are named after two iconic entrepreneurs in the mining industry, Eira Thomas and the late Peter Munk. This year, due to the Covid-19 pandemic,...Read More
Ahead of an updated resource estimate and prefeasibility study due out in the second half of the year for its namesake project in north-central Quebec, Troilus Gold (TSX: TLG) has released drill results from the Southwest zone. These latest assays expand mineralization out along strike, down dip and within the pit shell defined in a September 2020 preliminary economic assessment.The drill results...Read More
Drilling targeting a mostly untested, 250-metre northwest section of the LP fault at Great Bear Resources' (TSXV: GBR) Dixie project in Red Lake returned both high-grade gold and lower-grade intervals of bulk-tonnage style mineralization. The company has released assay results for seven drillholes, four of which tested a 200-metre undrilled part of the multi-kilometre fault.Drill highlights includ...Read More
As tempting as it is to opine about the Duke and Duchess of Sussex, and the Oprah Winfrey soap opera, there are rather more important things going on than the "truths" of Prince Harry and Meghan Markle. Used cardboard and rugby football, for example.This month marks the 150th anniversary of the first-ever international rugby match. On March 27, 1871, we played Scotland in Edinburgh, and lost (as w...Read More
Lithium prices continue to rise exponentially in China on the back of heavy demand for lithium iron phosphate (LFP) batteries, the first ever mid-month assessment by battery supply chain research and price reporting agency Benchmark Mineral Intelligence shows.Benchmark's battery grade lithium carbonate midpoint price (EXW China, ???99.0% Li2CO3) for mid-March shows the raw material up 88% just sin...Read More
Drilling targeting underexplored areas around the Detour Lake pits at Kirkland Lake Gold's (TSX: KL; NYSE: KL) Detour Lake property returned wide and high-grade gold intervals. The miner is completing a 250,000 metre exploration program at the site in 2021 with an updated production plan and reserve statement expected early next year.The latest results include assays for 30 drillholes completed at...Read More
London's go-to copper miner surprises with better than expected payoutRead full newsRead More
Benchmark says some Chinese lithium carbonate producers are putting up sold out signs as domestic prices surge to two-year highs.Read full newsRead More
Results include 4.9m at 7.99% Cu-eqRead full newsRead More
Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by September 15.Read full newsRead More
Learn these tools for analyzing the price of gold using two gold miner ETFsRead full newsRead More