Here are five Fastmarkets stories you might have missed on Wednesday January 20 that are worth another look.Brazil-based miner Vale said its sales have not been affected by a fire that impacted one of its piers at the Ponta do Madeira port...Read More

The S&P 500 closed up 1.39% to a record high of 3,851.85.Gold shot up about US$30 an ounce to more than $1,870/oz on the spot market.The iron ore price remains strong, around $170 per tonne, with the market impacted by factors including last week's fire at one of Vale's main ore shipping terminals in Brazil, Ponta da Madeira, which reportedly could limit shipping capacity by 32 million tonnes...Read More

Mining production was pulled down by a 35.3% drop in iron ore output, which contributed -3.9 percentage points, and a 16.1% fall in platinum group metals production, contributing -3.4 percentage points.There has been an upward trend in production since the 47.3% yoy plunge in April 2020 caused by the country's COVID-19 shutdown.Seasonally adjusted mining production increased by 6.3% for...Read More

European ferro-chrome prices rose strongly in the week to Tuesday January 19, with China and other destinations drawing in material than would normally be destined for Europe.Demand for feedstock from consumers and traders also rose, sources said.Fastmarkets' price assessment for ferro-chrome high carbon 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe gained 2-6 cents (or 4.4%) to $0....Read More

Lead premiums in the United States continue to firm on supply shortages and consistent demand, while big deals being done in Indian and European markets are also starting to pick up, sources said.US lead premium hits an over three-year highGravita seals deal in IndiaEuropean physical zinc market fires upUS lead premium most since 2016, zinc premium holdsIn the United States, the 99.97% lead ingot...Read More

Jan 19, 2021 Guest(s): Darren Blasutti CEO, Americas Silver Corp. Silver is expected to perform better than gold for the near to medium-term, and Americas Gold and Silver's production strategy will evolve around this thesis, said CEO Darren Blasutti."I think silver is going to outperform gold this year and for the next couple of years. I'm bullish on gold too by the way, but we've had a really n...Read More

Vancouver, BC - Graphite One Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") announces that it intends to complete a non-brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$8,000,000.The Company plans to issue up to 16 million units (the "Units") at a price of CA$0.50 per Unit. Each Unit consists of one common share (a "Common Share") an...Read More

Restricted supply of material has sent domestic ferro-chrome and imported charge chrome prices higher in China during the week to Tuesday January 19, according to market sources.Fastmarkets assessed ferro-chrome, spot, 6-8% C, basis 50% Cr, ddp China at 7,500-8,000 yuan ($1,157-1,234) per tonne on Tuesday, up by 800-1,000 yuan (13%) from 6,700-7,000 yuan per tonne a week earlier, and at their high...Read More

The price of standard-grade cobalt has hit a fresh high, reaching numbers not seen in nearly two years after non-Chinese consumers stepped into the market in the week to Wednesday January 20, with enough strength to help a two-week price rally continue after buying interest from China dipped.Trading volumes were now at "normal" levels, according to one trader, after two weeks of furious activity w...Read More

An overview of the consumer electronics markets and their latest price moves.Ewa Manthey, Dalila Ouerghi and...Read More

Falling Turkish deep-sea scrap import prices have continued with the latest Baltic Sea transaction heard on Wednesday January 20.A steel mill in the Marmara region booked the Baltic Sea cargo, comprising HMS 1&2 (80:20) at $440 per tonne, shredded at $445 per tonne and bonus at $450 per tonne cfr. The cargo composition was not clear.The previous deep-sea deal, which was from the United...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday January 20.Key drivers European titanium scrap markets jumped for low tin and higher tin-content material over 20% and 10%, respectively, amid a severe shortage of feedstock, which has worsened this year due to the cumulative impact of the Covid-19 pandemic on end-user industries, particularly aerospace.This is the third consecutive...Read More

German automaker Audi has gained recognition for its sustainable and responsible sourcing of aluminium by attaining the Aluminium Stewardship Initiative (ASI) "Chain of Custody Standard" (CoC). The certification applies to Audi's press-shop operations at two auto body plants in Germany - at Neckarsulm and Ingolstadt. The two plants produce automotive body parts&n...Read More

A summary of Antofagasta's production results for the fourth quarter and full year of 2020, as stated in its quarterly production report published on Wednesday January 20.Chilean copper miner Antofagasta's copper production dropped by 4.7% to 733,900 tonnes in 2020 from a year earlier, due mainly to lower grades at the Centinela mine in...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were once again mixed this morning, Wednesday January 20, but the likelihood of plentiful US fiscal stimulus in the days ahead is likely to underpin markets at least for a while, although any new measures to tackle Covid-19 may well become a headwind. US Dollar Index heads lower again Market full of expectations as Joe B...Read More

The price of standard-grade cobalt has hit a fresh high, reaching numbers not seen in nearly two years after non-Chinese consumers stepped into the market in the week to Wednesday January 20, with enough strength to help a two-week price rally continue after buying interest from China dipped.Trading volumes were now at "normal" levels, according to one trader, after two weeks of furious activity w...Read More

We learned from Mike Lavigne, President and Director of Magellan Gold Corporation (OTCQB: MAGE), that they are looking to acquire properties in the Western United States, with historical high-grade gold production. These would be smaller in scale, near surface, bulk tonnage projects that don't attract the attention of the larger mining companies. The Company's initial focus is on the exploration a...Read More

The most critical factor in every trade my readers and I have ever made came down to one crucial thing.Timing.Timing can turn a good trade into a great one. It can even let you pocket hefty gains from a lackluster stock.No trader is successful without good timing.Unfortunately, learning how to time your trades isn't as easy as you might guess.Sometimes those opportunities are glaringly obvious. Do...Read More

Peloton Minerals Corporation (CSE: PMC) is a junior exploration company, focused on the three 100% owned Carlin Style gold projects, situated on the Carlin and Long Canyon Gold Trends in Elko County, Nevada, and one past producer gold project, in the historic Virginia City Mining District, Montana. We learned from Ted Ellwood, who is President, CEO and Director of Peloton Minerals, that since late...Read More

Lithium carbonate has been produced for the first time in Cornwall in southwest England, the Li4UK consortium said this week.Following an 18-month project, Li4UK confirmed that the purity of the lithium carbonate produced at Cornish Lithium's Trelavour project Cornwall is "near battery grade," the consortium said on Monday January 18."Li4UK (Securing a Domestic L...Read More