There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More
"@lamb2_lion Their customers (stainless steel producers) will be short their traditional sources of Ni feed (some of which will be redirected to battery production) and thus have to bid up FeNi and NPI prices."Read full newsRead More
"@lamb2_lion Sulphide ore is not class 1 Ni, nor is sulphideconcentrate. Class 1 Ni is a refined product that can be made from either sulphide or laterite ores. Ni sulfate, in turn, can also be made from many sources, including Class 1 briquettes or MHP (which itself comes from laterites)."Read full newsRead More
"@lamb2_lion Thanks for RTs & Likes. But to be clear, there's no such thing as a "class 1" Ni explorer. A sulphide miner 1st produces concentrate, which yields ~73% of Ni spot price. Without their own smelter, sulphide miners will see limited benefit from EVs. FeNi miners on th'other hand..."Read full newsRead More
The bull market could be nearing its end, and a new panic is approaching.The U.S. Mint just issued a troubling report.It appears that sales of physical gold and silver are in full collapse.At the Mint, U.S. Gold Eagle coins sold through August have dropped 18% compared to last year.And sales of U.S. Silver Eagle coins fell a whopping 32.6% in August 2018 compared to August 2017.What exactly is go...Read More
"Weekly Big News Round-Up. What happened in the Resource sector in the past week? Find out here: https://t.co/Xg2Aj5WruO #resource #mining #investing"Read full newsRead More
(Reuters) - Barrick Gold Corp (ABX), which recently announced a $6.1 billion deal to acquire Randgold Resources Ltd, affirmed its 2018 gold and copper production forecast recently, reflecting improvements in operations.Citing preliminary data, Barrick said its 2018 effective tax rate was expected at about 48 to 50 percent, up from a previous forecast of 44 to 46 percent, because of lower-than-expe...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Movements in the prices of base metals on the London Metal Exchange were mostly upward at the close of trading on Friday October 12.This was supported by the emergence of fresh buying amid a softer US dollar index and increased market optimism about trade talks between the United States and China.Most prominent among the gains in the complex over the afternoon was the rise in the three-month lead...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended higher after briefly slipping into negative territory on Friday.The S&P 500 was higher on Friday after closing lower for six straight days.The Nasdaq rose 2.29%.JPMorgan Chase & Co. (JPM) fell 0.8% after rising earlier following third-quarter earnings that topped forecast...Read More
Fastmarkets MB rounds up some of the key news and price moves across the global metal markets this week.Base metals In breaking news this afternoon, the US Treasury Department has further extended the expiration date of general licenses relating to UC Rusal until December 12.Codelco's Chuquicamata division will be running at reduced operating rates until mid-November following a technical fault at...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Key data for the pricing session in the week ending Friday October 12. China China's domestic spot markets for ferro-chrome and UG2 chrome ore were relatively quiet in the first week after the national holiday, which ran October 1-7. Offers for imported charge chrome rose but liquidity...Read More
Fastmarkets MB rounds up some of the key news and price moves across the global metal markets this week.Base metals In breaking news this afternoon, the US Treasury Department has further extended the expiration date of general licenses relating to UC Rusal until December 12.Codelco's Chuquicamata division will be running at reduced operating rates until mid-November following a technical fault at...Read More
Adam HamiltonArchivesOct 12, 2018 The lofty stock markets suffered a sharp selloff this week that may prove a major inflection point. There was one lone sector that bucked the heavy selling to surge in the carnage, the gold miners' stocks. They are the last cheap sector in these bubble-valued stock markets, long overlooked and neglected. Wildly undervalued today, the gold stocks have great potenti...Read More
Rising copper premiums should forerun years of higher prices for the metal, Atlantic Copper chief executive officer Javier Targhetta said in an interview with Fastmarkets on Tuesday October 9 during LME Week in London. Premiums for copper cathodes in-warehouse Shanghai remain close to three-year highs, while import gains for Chinese refined copper in September are up by 16.1% this year....Read More
The Fastmarkets MB alumina index fob Australia dropped below $500 per tonne on Friday October 12 following the Brazilian government's U-turn on an earlier decision, allowing the Alunorte alumina refinery to resume production at 50% capacity. Fastmarkets MB's fob Australia daily alumina index was at $493.75 per tonne today, down from $504.50 on Thursday October 11. Key drivers On Saturday, Hy...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Cobalt trade log including business, bids and offers reported to Fastmarkets MB.Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Fastmarkets MB prices Click here for Fastmarkets MB's price assessment for low-grade cobalt, in-warehouse, $ per lb Click here for Fastmarkets MB's price assessment for high-grade cobalt, in-warehouse, $ per lb In...Read More
Ferrous scrap prices moved in different directions in the various global markets during the working week from Monday October 8 to Friday October 12, Fastmarkets has learnt.Import prices in Turkey and India inched upward week-on-week, while Taiwanese import prices slipped on poor demand. Offers from the United States to Turkey remained firm, but some US exporters lowered their buying prices in prep...Read More