Prices for seaborne iron ore concentrate increased in the week ended Friday February 19 along with a strengthening of the derivatives market while those for pellets softened from recent highs amid a slow recovery of demand after the Chinese New Year holiday.Fastmarkets iron ore indices66% Fe concentrate, cfr Qingdao: $192.61 per tonne, up $8.14 per tonne.65% Fe blast furnace pellet, cfr Qingdao: $...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 assessed...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 Cobalt standard grade, in-whs Rotterdam, $/lb at 23.50-24.00 on Monday February 22, 2021....Read More
Key data from Fastmarkets' pricing session in London on Friday February 19.Key drivers Antimony prices in Europe continued to rise, following sharp price increases in China, due to an unceasing antimony ore shortage that forced some producers in Hunan - the country's antimony production hub - to halt or suspend operations. Traders are monitoring replacement...Read More
Key data from Fastmarkets' pricing session in China on Friday February 19.Key drivers Chinese producers raise offer prices amid antimony concentrate shortage and stockpiling interest from buyers. Many producers in Hunan province, which is China's antimony production hub, have suspended...Read More
Prices for rebar imports into Singapore increased in the week to Monday February 22 on bullish sentiment caused by the return of Chinese steel market participants, sources told Fastmarkets.Both Turkish and Chinese steel mills had raised their offers against a bullish backdrop after the Lunar New Year holidays.A major east China steel mill was the only supplier for Chinese rebar, offering at $660 p...Read More
Initial assays from the first drill program on the Warintza West zone at Solaris Resources' (TSX: SLS; US-OTC: SLSSF) flagship Warintza project in Ecuador were "so exciting," says President and CEO Daniel Earle, that the company doubled the number of drill rigs from six to 12 rigs."We made the new discovery with the very first hole of the program," Earle said in an interview. "Not only that, but a...Read More
The S&P/TSX Composite Index fell 75.93 points (0.41%) to finish the Feb. 15-19 trading week at 18,384.27. The Global Base Metals Index rose 10.2% to 169.75 and the Global Mining Index gained 2.1% to 108.27. Spot gold fell US$39.70 per oz. (2.2%) to US$1,784.60 per oz., and the S&P/TSX Global Gold Index dropped 7.5% to 281.01.Teck Resources' Class A common shares jumped $4.01 to $32.97. The company...Read More
The Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the trading week at US$1,784.60 per oz., down 2.2%.HudBay Minerals rose 19.9% to US$8.09 per share. The company reported a net loss of US$144.6 million or US55 ?per share in 2020, compared to a net loss of US$343.8 milli...Read More
Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger rand pushing up production costs.Manganese ore prices edged higher on Friday February 19 due to soaring freight rates and a stronger South African rand pushing up production costs, while stronger manganese alloy futures supported downstream sentiment. Fastmarkets' manganese ore index 37% Mn, cif Tia...Read More
The S&P/TSX Venture Composite Index climbed 2.92% to finish the Feb. 15-19 trading week at 1,067.44. Spot gold fell US$39.70 per oz. (2.2%) to finish the trading week at US$1,784.60 per ounce.Uranium explorer ISOEnergy rose 74 ? to $2.98. The junior announced that its co-founder, Craig Parry, is stepping down as president and CEO but will remain on the board. Tim Gabruch will take on the CEO posit...Read More
Azure's Western Australia nickel success could get golden hueSPONSOREDazure mineralsAuteco has the right ingredients with PickleSPONSOREDauteco mineralsHot Chili knock, knock, knockin' on tier 1 doorSPONSOREDhot chiliEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationWhat's happened over the past two years in iron ore is case study of su...Read More
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