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IRON ORE DAILY: BHP releases results, expects Chinese demand to ease

February 17, 2021 / www.metalbulletin.com

BHP released its results for the first half of its 2021 financial year on Tuesday February 16, while seaborne iron ore prices remained flat.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $166.88 per tonne, unchanged62% Fe low-alumina fines, cfr Qingdao: $167.25 per tonne, unchanged58% Fe fines high-grade premium, cfr Qingdao: $152.66 per tonne, unchanged65% Fe Brazil-origin fines, cfr Qin...Read More

China EV market stimulating battery raw material demand, Umicore says

February 17, 2021 / www.metalbulletin.com

Belgian multinational Umicore is seeing strong demand for raw materials for battery production, spurred on by a resurgent electric vehicle (EV) market in China, according to comments by the company's chief executive in its 2020 full-year earnings call on Thursday February 11.Lithium prices have started to recover while cobalt prices have rallied hard since the start of 2021, both driven by improve...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

February 17, 2021 / www.metalbulletin.com

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 assessed Cobalt alloy grade,...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

February 17, 2021 / www.metalbulletin.com

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...Read More

UK ferro-titanium producers move to allay concerns over EU REACH regulations

February 17, 2021 / www.metalbulletin.com

British ferro-titanium producers have moved to allay any worries about trading with Europe after the UK's exit from the European Union trading bloc ('Brexit'), with most confident they can satisfy the EU's strict regulations on chemicals.The EU's regulations on the Registration, Evaluation, Authorization and restriction of Chemicals (REACH), which came into force in 2006, monitors the pr...Read More

AT A GLANCE: Aperam reports strongest Q4 since 2017

February 17, 2021 / www.metalbulletin.com

A summary of stainless steel producer Aperam's results for the full year and fourth quarter of 2020.In briefEarnings and sales were lower for the full year 2020 year on year owing to Covid-19 Earning increased, however, in the fourth quarter on both a yearly and quarterly basis amid a resurgent European market.Overall deliveries in the fourth quarter were...Read More

Ivanhoe hopes to repeat success at Kamoa-Kakula on Western Foreland licences

February 16, 2021 / www.northernminer.com

Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) expects to start producing copper concentrates in July from its Kamoa-Kakula underground mines in the Democratic Republic of the Congo and is confident it can find more deposits like them on its Western Foreland licences, which are adjacent and to the west of its Kamoa-Kakula discoveries."This whole area holds massive potential and we started quietly picking...Read More

The Northern Miner Podcast - episode 226: Low-grade nickel deposits in the battery electric age, ft Selby, Muinonen, Carson and Pedlar-Hobbs at CIM Sudbury

February 16, 2021 / www.northernminer.com

This week's episode features CIM Sudbury's special panel, Low-grade nickel deposits in the battery electric age, with Dumont Nickel president Johnna Muinonen, Canada Nickel CEO Mark Selby, ERM partner Roberta Pedlar-Hobbs, and Wes Carson, vice president, mining operations, at Wheaton Precious Metals. The discussion explored how Canadian low-grade nickel deposits could help provide much-needed supp...Read More

BHP's outlook and record dividend fuel supercycle talk

February 16, 2021 / www.northernminer.com

BHP (NYSE: BHP; LSE: BHP; ASX: BHP) reinforced talks of a new supercycle today by rewarding investors with a record US$5.1 billion first-half dividend and forecasting a "very constructive" outlook for the commodities market fundamentals, as the global economy rebounds from Covid-19.The world's largest miner said first-half profit jumped by 16%, hitting a seven-year high, as demand from top metals...Read More

ERM outlines the true cost of mine closure

February 16, 2021 / www.northernminer.com

Mining has long been the source of materials for modern society. It also has been critical in the establishment of associated secondary and tertiary economies. However, mines have a finite life, and mine closure poses a material risk to mining companies, other dependent industries and local economies. To manage this risk, there appears to be a shared recognition of a need to better integrate closu...Read More

The View from England: March is a good time to consider risk and reward

February 16, 2021 / www.northernminer.com

It seems odd not being in Toronto during the first full week of March. For as long as I can remember, the Prospectors & Developers Association of Canada (PDAC) convention has started on the first Sunday in March. This year, however, not only is the first Sunday on the 7th (which is the latest it has been for 11 years) but the coronavirus leaves us with a Monday start. At least the mining industry'...Read More

Rio Tinto to attempt producing low-carbon iron in Canada

February 16, 2021 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with two European companies to explore production of low-emissions hot briquetted iron (HBI) in Canada, amid increasing pressure from stakeholders to make steelmaking a more environmentally-friendly activity.The mining giant, which has been working on cutting the sector emissions since 2019, has inked a memorandum of understanding with Luxe...Read More

RANKED: World's top 10 copper projects

February 15, 2021 / www.northernminer.com

For decades, the global demand for copper has been rising steadily, having tripled over the past half-century according to the International Copper Study Group. Demand for copper - a metal key to the green energy transition - is expected to keep rising over the coming years as emerging economies led by China continue to ramp up industrial activity.According to the USGS, roughly 700 million tonnes...Read More

BHP's bumper year pays dividends

February 16, 2021 / bit.ly

Henry very upbeat on the outlookRead full newsRead More

How long will this gold bull run last?

February 16, 2021 / dlvr.it

An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More

Gold Mining Operations Expected to See High Rates Of Return In 2021

February 16, 2021 / dlvr.it

/PRNewswire/ -- Over the last decade, the global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both...Read full newsRead More

How long will this gold bull run last?

February 16, 2021 / dlvr.it

An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More

RT @EnduroMetals: ??"? News Release: Enduro Upgrades US Listing to OTCQB

February 16, 2021 / endurometals.com

February 16th, 2021, Kelowna, British Columbia - Enduro Metals Corporation (TSXV: ENDR OTCQB: SIOCF FSE: SOG-FF) ("Enduro" or the "Company") is pleased to report that Enduro's USA's ticker symbol "SIOCF" has been upgraded to trade on the OTCQB Venture Markets effective February 1st, 2021. It is anticipated that Enduro's upgraded listing to the OTCQB will...Read full newsRead More

February 16, 2021 / www.newswire.ca

/CNW Telbec/ - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (FRANKFURT: B6D) (theRead full newsRead More

.@SearchlightRes1 $SCLT.V Granted Drill Permits for Beatty South Copper and Henning-Maloney Gold Targets

February 16, 2021 / bit.ly

Searchlight Resources Inc. is pleased to announce that the SaskatRead full newsRead More

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