The global manganese ore and alloy price and their recent price movesIndiaThe market was stable after declining for three weeks, with demand in Europe drying up due to the holiday season and soaring freight costs. Sentiment remained bearish this week with traders reporting prices may fall further once consumers return to the market.EuropeThe European silico-manganese market...Read More
An overview of the aerospace materials markets and the latest price moves.Jessica Long, Ruby Liu and Carrie...Read More
An overview of the specialty steel raw materials markets in Europe and their latest price moves.Janie Davies,...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...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
Key data from Fastmarkets' pricing session in China on Thursday July 29.Key drivers: The vanadium pentoxide price fell following the previous rally due to weakened crude steel manufacturing demand caused...Read More
The Vietnamese steel market remained in a state of shutdown during the week ended Friday July 30 due to a worsening of the Covid-19 pandemic situation in the country, which limited interest in imported scrap, sources told Fastmarkets.Offers for bulk Japanese H2-grade material were heard at $485 per tonne cfr Vietnam, although there was a bid at $480 per tonne cfr Vietnam by a southern Vietnamese s...Read More
Spot prices for imported scrap into China were unchanged on Friday July 30 amid limited negotiations between buyers and sellers."There are hardly any offer prices for cfr China scrap in the market now. Prices for heavy scrap (HS) in Japan are quite high, which makes export deals to China very hard to clinch," a Japanese exporter source told Fastmarkets.The source indicated a market level for HS in...Read More
Weaker demand for imported containerized ferrous scrap in Taiwan as a result of lower operating rates among electric-arc furnace operators and surging Covid-19 cases in many parts of Asia dampened spot prices in the week to Friday July 30.Fastmarkets' daily price assessment for containerized steel scrap, heavy melting scrap 1&2 (80:20), United States material import, cfr main port Taiwan was $440...Read More
Lomiko Metals (TSXV: LMR; US-OTC; LMRMF) has released a preliminary economic assessment (PEA) for its 100%-owned La Loutre graphite project in southeastern Quebec, about 120 km northwest of Montreal.The PEA envisions an open-pit mine with an average annual production of 97,400 tonnes of graphite concentrate over a 14.7-year mine life for a total life-of-mine output of 1.4 million tonnes of graphi...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsThe path to decarbonising the mining industrySPONSOREDAfter what amounted to a decade-long industry trough, diamond miners are at last reporting stronger sales, with De Beers'...Read More
The first gold has been poured at Thor Exploration's (TSXV: THX; AIM: THX) 100%-owned Segilola open-pit mine in Nigeria and the company forecasts the mine will produce about 40,000 oz. gold this year.Commercial production is targeted for September when the plant will be running at a processing rate of 715,000 tonnes per year; Segilola will be Nigeria's first commercial gold mine, Thor says.Segilol...Read More
In its second acquisition in the battery metals space in six months, Sibanye-Stillwater (NYSE: SBSW), one of the world's largest primary producers of platinum, palladium and rhodium and its third-largest gold producer on a gold-equivalent basis, is buying 100% of Eramet SA's Sandouville nickel hydrometallurgical processing facility in Normandy, France, in a deal valued at ?,?65 million ($96 millio...Read More
Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company's Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the operation so far this year. The top white Type IIa gem rock, found from direct milling of ore sourced from the M/PK(S) section of the South Lobe, is also third gem quality +300 carat produced from the unit. The other two are...Read More
SSR Mining (TSX: SSRM; NASDAQ: SSRM; ASX: SSR) is selling its non-core royalty portfolio to EMX Royalty (TSXV: EMX; NYSE-AM: EMX) for a total of US$100 million.The sum consists of US$33 million in cash; US$33 million in EMX shares; and US$34 million in deferred compensation payments that will be delivered on project development milestones.Once the transaction closes, SSR Mining will own about 12%...Read More
Precious metals mining company Sibanye-Stillwater is going to buy the Sandouville nickel hydrometallurgical processing facility from French mining group Eramet SA in a move to build on its strategy to diversify into the battery metals supply chain, the company said.The current Sandouville facilities, located in Normandy, France, include a hydrometallurgical nickel refinery with a capacity of 12,00...Read More
A summary of Glencore's production results for the first half year of 2021, released on Friday July 30.In brief The company's own sourced zinc production rose year on year, mainly due to recovery from Covid-related suspensions in the second quarter of 2020, particularly in Peru. Its own sourced nickel production was lower compared to the corresponding period in 2020 due to major planned maintenanc...Read More
The illegal mining of gold from Colombia's rivers and waterways is on the rise, according to a report from the United Nations Office on Drugs and Crime published on Tuesday.Read full newsRead More
UNESCO names Romanian ancient gold mine settlement a world heritage siteRead full newsRead More
Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) recently added two high-quality assets to the company’s portfolio. This included a gold and silver stream on the Marmato mine located in Colombia and a silver stream on the Cozamin mine in Mexico. These are valuable additions to the company’s asset base as both projects demonstrate strong upside potential and should provide Wheaton’s sh...Read More