Iron ore prices across the board drop on Friday August 13 due to continued thin liquidity in the seaborne market, with one market participant describing the outlook as "grim."Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $162.07 per tonne, down $0.89 per tonne62% Fe low-alumina fines, cfr Qingdao: $162.74 per tonne, down $0.45 per tonne58% Fe fines high-grade premium, cfr Qingdao: $130.6...Read More

China's domestic hot-rolled coil prices extended their losses on Friday August 13, as market participants weighed demand concerns against shrinking production.DomesticEastern China (Shanghai): 5,750-5,780 yuan ($887-892) per tonne, down by 30-40 yuan per tonneNorthern China (Tangshan): weekly assessment: 5,700-5,750 yuan ($880-887) per tonne, upward widening by 40 yuan per tonne The China Iron & S...Read More

Base metal stocks in Shanghai Futures Exchange-approved warehouses were largely down in the week to Friday August 13, with tin falling most in percentage terms due to a supply tightness in the country.Tin inventories totaled 2,193 tonnes in the week to August 13, down by 651 tonnes (29.7%) from the previous week. The 830 Huangpu Logistics warehouse in Guangdong reported the largest outflow, with v...Read More

Eastern China rebar prices held steady on Friday August 13 on tighter supply due to lower spot market inventories, but prices were down by 10 yuan per tonne week on week due to Thursday's fall.DomesticEastern China (Shanghai): 5,200-5,230 yuan ($803-808) per tonne, unchangedNorthern China (Beijing) weekly assessment: 5,170-5,210 yuan per tonne, up by 60-70 yuan per tonneFalling spot market invento...Read More

An overview of the aerospace materials markets and the latest price moves Jessica Long, Ruby Liu and Carrie...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 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 hydroxide payable indicator, min 30% Co, cif China, % payable of Fastmarkets' standard-grade cobalt price (low-end) 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 hydroxide p...Read More

The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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

Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM) announced strong results for the second quarter of the year, saying it remains on track to achieve 2021 guidance of 720,000 to 780,000 gold equivalent ounces.The precious metals streaming company said that record sales volumes in the first half of 2021 generated revenue of US$655 million, including US$330 million in the second quarter, an inc...Read More

Demand for imported steel scrap has increased in Bangladesh over the week to Friday August 13 following a removal of Covid-19 lockdown restrictions across the country, market sources told Fastmarkets.While the strict lockdown was officially ended on August 10, sources said that some Bangladeshi induction furnace (IF) mills had restarted steel production on August 8. The country's electric-arc furn...Read More

Pretium Resources (TSX: PVG; NYSE: PVG) said it is on track to achieve its yearly guidance, despite the near five-week Covid-19 outbreak that occurred at its Brucejack mine in British Columbia in February.The company produced 83,083 ounces of gold in the second quarter of 2021, compared with 90,419 ounces in the second quarter of 2020.Pretium remains on track to produce 325,000 ounces to 365,000...Read More

Lower-priced Russian-origin steel scrap offers to China were heard on Friday August 13, but prices were still not low enough to entice Chinese buyers to enter the market.Russian-origin scrap at lower prices still unattractive to Chinese buyersChinese domestic scrap prices continue descentSouth Korea import scrap market quiet during Japan holidayChina importOffers for 2,000 tonnes of Russian-origin...Read More

Re|Source, a solution to trace responsibly produced cobalt from mine to electric vehicle (EV), is moving forward with a pilot project in the Democratic Republic of the Congo (DRC) jointly developed with EV giant Tesla (NASDAQ: TSLA). The program is being tested in real operating conditions at multiple on-site pilots, including the DRC and Europe, Re|Source said, with further pilots in Asia...Read More

Spot prices in the Vietnamese scrap import market continued to fall in the week to Friday August 13 due to poor downstream supply caused by rising Covid-19 cases, sources told Fastmarkets.Steel mills were seeking deep-sea bulk cargoes due to a shortage of domestic scrap caused by Covid-19 lockdowns, although this failed to bolster spot prices. Japanese sellers were also reluctant to offer cargoes...Read More

BISHKEK (Reuters) -Kyrgyzstan has established enough evidence to press on with removing Canada's Centerra Gold from the Kumtor gold mine, the state security service and prosecutors said on Wednesday.The security service is investigating possible corruption in the deal that gave Centerra control over the country's biggest gold mine and subsequent amendments to the pact.A spokesperson for...Read More

All amounts are in USD unless stated otherwise GMIN to acquire the construction ready Tocantinzinho Gold Project in northern BrazilEldorado to become a 19.9% cornerstone shareholder of GMINTocantinzinho is a permitted, high-grade gold project with a 10-year reserve life and an estimated annual production of 187,000 ounces for the first 8 yearsLeadership team to leverage four successful mine builds...Read More

VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation ("Eldorado" or "the Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") with G Mining Ventures Corp. ("GMIN") to divest its Tocantinzinho Project ("TZ") located in Brazil (the "Transaction"). Under the terms of the Agreement, Eldorado will receive: Minimum upfront...Read More

Laurion Mineral Exploration Inc. is pleased to announce that LAURRead full newsRead More

Canadian investors are searching for top stocks to put in their self-directed RRSP portfolios. Let’s take a look at Nutrien (TSX:NTR)(NYSE:NTR) to see why it might be a good pick right now for a retirement fund.Fertilizer industryNutrien is the world’s largest producer of potash. The company also supplies global farmers with nitrogen and phosphate through its wholesale operations. On t...Read More