I have just returned from the annual Yukon Mining Alliance (YMA) Investment & Media Tour with a deeper understanding of the geologic history in the westernmost of Canada's three federal territories. Each year the YMA invites a select group of both industry professionals and resource investors on a 6-day whirlwind tour of numerous mine site camps throughout the region. The schedule and logistic...Read More
There have been some ugly periods in history for gold and silver, but this is one of the ugliest. Neither goldnor silver can catch a bid as they both continue to take the elevator down, making new lows almost every day. Sellers meet every rally attempt, whether it's the commercials or the banks; there is a 1,000-pound gorilla sitting on top of the market. The situation is starting to appear hopele...Read More
(Kitco News) - Gold and silver prices are slightly higher in early U.S. trading Friday. Gold prices did poke to a nearly 12-month low overnight, before rebounding a bit. The precious metals are getting a bit of a lift as the U.S. dollar index is trading solidly lower today on a corrective pullback after hitting a 12-month high on Thursday. August gold futures were last up $1.70 an ounce at $1,252....Read More
The latest news and price moves to start the Asian day on Friday June 29.Base metals prices on the London Metal Exchange closed mostly in negative territory on Thursday June 28, with only zinc defying the trend. Read more in our live futures report.Here are how prices looked at the close of trading:Worldwide Warehouse Solutions (WWS) is closing down its European operations by the end of...Read More
The latest news and price moves to start the Asian day on Friday June 29.Base metals prices on the London Metal Exchange closed mostly in negative territory on Thursday June 28, with only zinc defying the trend. Read more in our live futures report.Here are how prices looked at the close of trading:Worldwide Warehouse Solutions (WWS) is closing down its European operations by the end of...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Base metals on the London Metal Exchange were mostly higher at the close of trading on Friday June 29, ending the week on a slightly brighter note despite broad pressure from trade tensions and dollar strength. Continuing to struggle, zinc prices made a brief recovery during the day, moving back above $2,900 per tonne before drifting back toward $2,850 per tonne.The metal's three-month price made...Read More
Zinc concentrate treatment charges (TC) rose to their highest level so far this year at the end of June on a cif Asia Pacific basis, while the head of the Chinese zinc association has called for a 10% cut in national production to support zinc prices and TCs. Metal Bulletin assessed zinc concentrate TCs cif Asia Pacific at $20-$40 per tonne on Friday June 29. That compares with $20-$35 per to...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
China's domestic spot battery-grade lithium hydroxide prices fell further on Thursday June 28 on a negative short-term outlook due to sporadic buying and while carbonate prices were unchanged this week, they were still under pressure with downstream buyers starting to receive lower offers. Lithium hydroxide prices continue to fall on negative sentiment. Lithium carbonate prices still under d...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Zinc concentrate treatment charges (TC) rose to their highest level so far this year at the end of June on a cif Asia Pacific basis, while the head of the Chinese zinc association has called for a 10% cut in national production to support zinc prices and TCs. Metal Bulletin assessed zinc concentrate TCs cif Asia Pacific at $20-$40 per tonne on Friday June 29. That compares with $20-$35 per to...Read More
Copper concentrate treatment and refining charges (TC/RCs) rose sharply in late June, with production disruptions at several Asian smelters give Chinese plants greater buying power.The Metal Bulletin TC/RC index firmed to $79.8 per tonne/7.98 cents per lb from $77/7.7 cents. Terms have risen over 11% in a month from $71.60/7.16 cents at the end of May. "Every time you turn around it's $2.50/0.25 c...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Turkish steel mills skipped Friday June 29, with no deep-sea scrap bookings leaving prices unchanged at the end of the week.Most mills have finished their bookings for July deliveries and are expected to resume scrap buying for August soon, sources said."Turkish mills ended their July bookings and probably...Read More
The UK light iron scrap market was stable in the week to Friday June 29 for the 12th week in a row, confounding expectations for a rise in line with renewed demand in major export market Turkey in general this month, sources said. Metal Bulletin's weekly price assessment for UK grade-5C ferrous scrap on an inter-merchant basis was ?90-120 ($118-157) per tonne on Friday. This compares with the low...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
China's domestic spot battery-grade lithium hydroxide prices fell further on Thursday June 28 on a negative short-term outlook due to sporadic buying and while carbonate prices were unchanged this week, they were still under pressure with downstream buyers starting to receive lower offers. Lithium hydroxide prices continue to fall on negative sentiment. Lithium carbonate prices still under d...Read More
Indian flat steel producers are likely to roll over domestic prices of commercial-grade hot-rolled coil (HRC) for July sales.Officials from at least two major flat steel mills confirmed a rollover of HRC prices for July while pointing out that a reduction in HRC prices is unlikely because production costs for mills will rise to reflect the significant weakening of the rupee against the dollar. The...Read More