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FOCUS: US import tariff increase hits Chinese ferro-alloys, minor metal prices; opinions diverge on long-term effects {UPDATED}

May 11, 2019 / www.metalbulletin.com

Some Chinese ferro-alloys and minor metals prices wavered in a week when the United States raised the import tariff on a number of commodities from China on Friday May 10.The US raised import tariffs on $200 billion-worth of Chinese products to 25% from 10% at noon Asia time on Friday. This followed a threat on Sunday by US President Donald Trump to raise tariffs ahead of a new round of trade talk...Read More

MINOR METALS MARKET REPORT 10/05: US tariff hike unsettles markets

May 11, 2019 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

Mines celebrates Spring 2019 undergrad commencement

May 10, 2019 / www.minesnewsroom.com

Colorado School of Mines celebrated its Spring 2019 Undergraduate Commencement on May 10, conferring a total of 932 bachelor's degrees during three ceremonies at Lockridge Arena.Kiewit CEO Bruce Grewcock '76 - one of the foremost leaders shaping our nation's infrastructure - gave the keynote address during the ceremony.The Spring 2019 Outstanding Graduating Seniors, each representing a different a...Read More

Spring Commencement kicks off with PhD, MS ceremony

May 10, 2019 / www.minesnewsroom.com

Colorado School of Mines conferred 204 master's degrees and 39 doctoral degrees May 9 at its Spring 2019 Graduate Commencement, kicking off two days of commencement exercises at the university. The Dr. Bhakta Rath and Sushama Rath Research Award, which recognizes the Mines doctoral graduate whose thesis demonstrates the greatest potential for societal impact, was awarded to Yalin Li, PhD in...Read More

FASTMARKETS NON-FERROUS PRICE CHANGES 10/05: Minor metals

May 11, 2019 / www.metalbulletin.com

The following Fastmarkets minor metals prices changed on Friday May 10:Antimony MB free market regulus, $/tonne: $7,000-7,200 per tonne from $7,000-7,300Antimony MMTA standard grade II, $/tonne: $6,900-7,100 per tonne from $7,000-7,200Bismuth MB China domestic, yuan/tonne: 43,000-45,500 yuan per tonne from 46,000-47,000 yuanCadmium MB free market min 99.95%, cents/lb: 125-133 per lb from 133-140Ca...Read More

CHINA MINOR METALS MARKET REPORT 10/05: Bismuth price drops on US tariff news; Fanya continues to weigh on indium

May 11, 2019 / www.metalbulletin.com

An overview of the Chinese minor metals markets and the reasons for any price moves. Read More

Canadian Mining Symposium Snapshot: Presenters pursue riches on varied fronts

May 10, 2019 / www.northernminer.com

The Canadian mining industry and European investment community come together once again on May 22, 2019 for The Northern Miner's third annual Canadian Mining Symposium at Canada House in London, United Kingdom. The following Canada-listed companies are developing mineral projects in Canada and abroad, and will be featured sponsors and presenters at the event.Alamos GoldToronto-based miner Alamos G...Read More

MORNING VIEW: LME base metals prices positive despite escalation in US-China trade war

May 11, 2019 / www.metalbulletin.com

While US-China trade talks continue, the market seems to be clinging on for an eleventh-hour deal this morning, Friday May 10, because key markets are holding up surprisingly well.But, if a deal does not miraculously emerge soon then further disappointment is likely to set in.US raises tariffs on $200 billion worth of Chinese imports to 25% China's CSI 300 is up by 3.2%, other Asian equity markets...Read More

NEWSBREAK: US raises tariffs on Chinese minor metals, ferro-alloys to 25%

May 11, 2019 / www.metalbulletin.com

US tariffs on a number of Chinese minor metals and ferro-alloys have been increased to 25%, affecting shipments of material from China from today, Friday May 10.Minor metals and ferro-alloys affected by the latest tariffs include: bismuth, cadmium, gallium, germanium, germanium dioxide, selenium, tellurium, silicon, magnesium, mercury, arsenic, rhenium, hafnium, ferro-tungsten, ferro-vanadium, fer...Read More

Aperam calls for EC to implement 'fair trade measures' on Indonesian stainless steel

May 11, 2019 / www.metalbulletin.com

Stainless steelmaker Aperam has called for the European Commission (EC) to implement "fair trade measures for developing countries that are currently exempt from the safeguard [quota-tariff measures in Europe], such as Indonesia," it said this week."The question of exempting certain developing countries remains to be addressed, in particular in hot-rolled stainless steel," chief executive officer...Read More

EUROPE STAINLESS STEEL: Transaction prices flat but decreases seen in coming month

May 11, 2019 / www.metalbulletin.com

Prices in the European domestic stainless steel market were stable this week but decreases are likely either late in May or early in June because of falling nickel prices as well as generally weak market conditions, sources said. Fastmarkets MB assessed the price of grade-304 stainless steel cold-rolled (CR) sheets at ?,?2,240-2,300 ($2,510-2,577) per tonne delivered on Friday May 10, unchanged we...Read More

China's stainless steel prices unchanged amid stable trading

May 11, 2019 / www.metalbulletin.com

China's stainless steel prices were unchanged over the past week, with trading activity in the market being described as stable.The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,500 yuan ($2,065-2,139) per tonne including value-added tax for the week ended Wednesday May 8, unchanged from two weeks earlier. China obse...Read More

EUROPE ALLOY STEEL SCRAP: Austenitic prices weaken on lower nickel costs, weaker demand

May 11, 2019 / www.metalbulletin.com

Austenitic alloy steel scrap prices in Europe and the United Kingdom weakened this week because of further falls in nickel prices, sources told Fastmarkets MB.The three-month official nickel price on the London Metal Exchange was $11,900/11,925 per tonne on Friday May 10, down from $13,180/13,200 per tonne a month earlier. This drop of 10% over the preceding month was not initially tracked by aust...Read More

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 10/05

May 11, 2019 / www.metalbulletin.com

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday May 10:Aluminium scrapFloated Frag: ?,?1,010-1,050 per tonne from ?,?1,025-1,060Cast: ?,?910-930 per...Read More

Huey Evans appointed as first female chairperson of LME - sources

May 11, 2019 / www.metalbulletin.com

Gay Huey Evans will be the first female chairperson of the London Metal Exchange, replacing Brian Bender when he retires at end of the year, Fastmarkets understands. Huey Evans has spent more than 30 years working in the financial services industry. She is currently a non-executive director of Itau BBA International Ltd, deputy chairperson of The Financial Reporting Council and a board...Read More

YMP launches 10 more scholarships totalling $44K, including inaugural Northern Miner scholarship

May 10, 2019 / www.mining.com

The Young Mining Professionals (YMP) is bumping up its YMP Scholarship Fund for the 2019-20 academic year for students in mining-related university programs in Canada.The YMP Scholarship Fund is a a registered charity that donates 100% of its receipts to students via this scholarship program, and is eligible to offer tax receipts to its donors. These latest scholarships are being funded by Barric...Read More

Old boys' club LME appoints first female chair in its history

May 10, 2019 / www.mining.com

The 142-year-old London Metal Exchange (LME) has appointed former banker Gay Huey Evans as chair of the board, the first female to have that role in its history.Huey Evans, who is a Standard Chartered, ConocoPhillips and Ita?? BBA International board member, previously worked at Citi, Barclays Capital and the UK's Financial Services Authority. She will replace Brian Bender when he retires from the...Read More

Kore inks $4 million deal to develop California gold project

May 10, 2019 / www.mining.com

Vancouver-based Kore Mining (TSXV: KORE) this week received a $4 million investment by Macquarie Bank to advance permitting of the Imperial gold project in California. Kore owns a 100% interest in the development project in the mining district of Imperial County. The property is about 17km south east of the operating Mesquite Mine recently acquired by Equinox Gold for $158 million. Macq...Read More

@A_Milewski @YouTube @cobalt27capital @giga_metals Nice. Any guidance on royalty revenue per year estimates from th...

May 10, 2019 / twitter.com

"@A_Milewski @YouTube @cobalt27capital @giga_metals Nice. Any guidance on royalty revenue per year estimates from the deal that is closing this month from Cobalt27 yet?"Read full newsRead More

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