Chinese cobalt tetroxide prices have risen steadily over the past week due to increased demand from downstream consumers.Metal Bulletin assessed the China cobalt tetroxide price, basis 72.6% cobalt, at 430,000-460,000 yuan ($68,040-72,787) per tonne on Friday January 26, narrowing upward from a range of 410,000-460,000 yuan per tonne previously. This was also 19% higher than the range of 370,000-3...Read More
Base metals prices on the London Metal Exchange are stronger by an average of 1% this morning, Monday January 29. Nickel and zinc prices lead the way with gains of around 2%, followed by lead prices that are up by 1% and copper prices ($7,147 per tonne) that are up by 0.8%, while aluminium and tin lag with gains of 0.2% and 0.1% respectively.Volume has been strong with 13,382 lots traded as of 07....Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) has been chosen by a French court to take over French speciality steelmaker Asco Industries (Ascometal), it said on Monday January 29.S+B will take over Ascometal's assets on Thursday February 1, with the exception of Ascoval, a joint venture between Ascometal and French tube & pipe producer Vallourec in Saint-Saulve i...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
There is more to excite the metals industry than the batteries boom, argues Lord Copper, with the global economy's gradual emergence from the 2008 recession boding well for metal demand. Talk to anybody about metals these days and they are almost guaranteed to turn the conversation to batteries, electric vehicles and the metals that produce the motive power. Tesla's Elon Musk certainly garners far...Read More
Vancouver, British Columbia, Canada –Monday, January 29, 2017 – Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that the Company has received an updated mineral resource estimate for the Cardiac Creek Zn-Pb-Ag deposit on its 100% owned Akie Project.The new mineral resource estimate incorporated the results of 8 new drill intercepts from the successful 2017 d...Read More
Palisade Research January 29, 2018 Category: Research We think 2018 is going to be a big year for gold and silver and other base metals.But as we have highlighted in the past, the not-so-talked-about ‘battery metals’ are also setting up for a massive move upwards.Things like:Cobalt. . .Lithium. . .And especially nickel. . .Because of the Eletric Vehicle Revolution taking hold around th...Read More
(Kitco News) - U.S. President Donald Trump’s ‘America First’ agenda “keeps on giving to the commodity bulls,” which is creating a bid for gold, TD Securities said in a report.“The gifting started back in November 2016, when the newly minted President-elect Trump promised America a massive infrastructure spending program. More recently, the President followed up...Read More
(Adds Mitsui statement, background)Jan 29 (Reuters) - Japan's Mitsui & Co has made a $481 million offer to buy Australia's AWE Ltd , trumping bids from two other companies that are all vying for a stake in the promising onshore Waitsia gas field.The Mitsui offer of A$0.95 per share in cash, or about A$594 million, is at an 11.8 percent premium to the closing level of AWE stocks on Thursday.It...Read More
Jan 29 (Reuters) - Australia's AWE Ltd said on Monday it received a takeover offer from Japan's Mitsui & Co for about A$594 million ($481.38 million), or A$0.95 per share in cash, in an off-market bid for the company.AWE said in a statement that the Mitsui proposal was subject to, besides other conditions, the company terminating its scheme implementation agreement with Mineral Resources by t...Read More
(Adds detail, quote, meeting with U.S.' Perry)MOSCOW, Jan 27 (Reuters) - Newly-imposed U.S. sanctions against two Russian energy ministry officials are "unlawful" and Moscow will seek explanations from Washington, Russian Energy Minister Alexander Novak said on Saturday, according to local news agencies.The United States added Russian officials and energy firms to a sanctions blacklist...Read More
(Adds background, details)WASHINGTON, Jan 26 (Reuters) - In a surprise move, the U.S. Environmental Protection Agency reversed itself on Friday and halted the approval process for the proposed Pebble Mine copper and gold mine project in southwest Alaska's Bristol Bay region."It is my judgment at this time that any mining projects in the region likely pose a risk to the abundant natural resou...Read More
Traders and investors that follow gold and the US dollar were participants in a virtual roller coaster ride this week as conflicting versions of the current administration's policy on the US dollar surfaced. Statements made by Stephen Mnuchin the Treasury Secretary on Wednesday sent gold prices sharply higher, and the US dollar index sharply lower. The dollar index lost roughly 1% in value, and go...Read More