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Resource development boost for Canada's far north

March 05, 2019 / www.miningweekly.com

The Canadian federal government has announced an investment of C$5.1-million in two projects to support resource development in the mineral-rich Slave Geological Province (SGP) – an area in the eastern Northwest Territories and western Nunavut.The two projects entail planning for the development of an all-season access corridor and an exploration development initiative.AdvertisementA lack of...Read More

China's CRC, HDG export offers rise again on domestic gains

March 06, 2019 / www.metalbulletin.com

Export offers for Chinese cold-rolled coil and hot-dipped galvanized coil continued to rise over the past week despite thin trading, with the strengthening domestic market in China encouraging mills to ask for higher prices.Cold-rolled coilFastmarkets MB's weekly export price assessment for Chinese SPCC 1.0mm CRC was $547-558 per tonne fob on Tuesday March 5, up $2-3 per tonne from $545-555 per to...Read More

Long Steel Products Trade Log, March 5, 2019

March 06, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. ...Read More

De Beers sells $490m of rough diamonds in cycle two

March 05, 2019 / www.miningweekly.com

Diamond miner De Beers on Tuesday reported that the value of its rough diamond sales for cycle two of the year was $490-million, compared with $500-million in cycle one and $563-million in cycle two of 2018.This brings the provisional total for rough diamond sales to date this year to $990-million.AdvertisementDe Beers sold about $5.39-billion of rough diamonds in 2018, and about $5.31-billion of...Read More

Star says Orion South has 'unusually high' proportions of rare diamonds

March 04, 2019 / www.miningweekly.com

The Orion South diamond project, in central Saskatchewan, has been confirmed to contain a high proportion of rare type diamonds – Type IIa – which account for less than 2% of all natural diamonds mined from kimberlites.A recent study has confirmed that “unusually high” proportions of Type IIa diamonds are present in the Star (26.5%) and Orion South (12.5%) kimberlites, Star...Read More

IRON ORE DAILY: Prices correct amid further output restrictions in China

March 06, 2019 / www.metalbulletin.com

Iron ore prices corrected on Tuesday March 5 despite the addition of further production restrictions for steelmakers in China, sources told Fastmarkets.MB 62% Fe Iron Ore Index: $87.03 per tonne cfr Qingdao, down $0.66 per tonne. MB 62% Fe Pilbara Blend Fines Index: $86.43 per tonne cfr Qingdao, down $0.66 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $89.20 per tonne cfr Qingdao, down $0.68 pe...Read More

Steelmaking Raw Materials Trade Log, March 5, 2019

March 06, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreVale, Global Ore, 65,000 tonnes of 65% Fe Iron Ore Carajas, traded at $99 per tonne cfr China, laycan February 27-March 8.BHP,...Read More

Drilling planned at Big Red in northern BC

March 06, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsIts portfolio already has more than a billion tonnes of mineralisation with 636 million tonnes grading 0.45% copper equivalent at Mocoa in Colombia and 711Mt grading 0.Read More

CHINA IRON ORE CONF: China's domestic iron ore supply less likely to increase - local miner

March 06, 2019 / www.metalbulletin.com

Domestic iron ore supply in China has limited capacity to ramp up after smaller and higher cost miners exited the market over the past few years, a local miner said.China's domestic run-of-mine (ROM) iron ore production was estimated at 763 million tonnes in 2018, down 37.9% from a year earlier, chief executive officer and vice chairman Greg Pan of Hanking Industrial Group said in his keynote spee...Read More

Market Summary: Rallies pausing, but resumption not out of the question

March 05, 2019 / www.metalbulletinresearch.com

Rallies...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Su...Read More

Aluminium: More range-trading

March 05, 2019 / www.metalbulletinresearch.com

Trading below $1,900 per tonne level...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as s...Read More

Royal Road gets AngloGold Colombia exploration package

March 05, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsRoyal Road will pay an initial US$4.Read More

COKING COAL DAILY: Seaborne market little changed amid thin trading

March 06, 2019 / www.metalbulletin.com

The seaborne coking coal spot market was largely stable on Tuesday March 5 with little change seen for bids and offers.There is little optimism among market participants for regional steel demand to strengthen significantly in the next few months, though prices for steel products are expected to pick up in Asia during the April-June quarter."Our steel prices will mostly likely increase by around 5...Read More

Technical analysis: Consolidation taking place

March 05, 2019 / www.metalbulletinresearch.com

Aluminium The LME three-month aluminium price led the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download...Read More

Copper: More on the upside for prices later in H1

March 05, 2019 / www.metalbulletinresearch.com

After a 10% rally in prices...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it...Read More

Lead: Primed for further gains

March 05, 2019 / www.metalbulletinresearch.com

Cancelled warrants surge to 32,600...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soo...Read More

Nickel: Plenty to be bullish about

March 05, 2019 / www.metalbulletinresearch.com

Plenty to be bullish about... Since the January...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest...Read More

Tin: Vulnerable to some profit-taking

March 05, 2019 / www.metalbulletinresearch.com

In this week’s analysis, we review...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue a...Read More

Zinc: Forecast upgraded

March 05, 2019 / www.metalbulletinresearch.com

Prices retest resistance at $2,800 per...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More

Base metals investment analysis: Optimism is rightly growing, but beware becoming complac

March 05, 2019 / www.metalbulletinresearch.com

ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More

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