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Toronto miner Amarillo allowed to stay in Brazil

December 12, 2018 / www.mining.com

Amarillo Gold Corporation (TSX.V: AGC) has received approval from the Brazilian Mining National Agency for a three-year extension of its mining concessions for the Posse gold deposit, also known as the Mara Rosa gold project.According to Amarillo, the agreement allows for the continued delay of mining activities, thereby preserving the mining status of the concessions and providing enough time for...Read More

TURKEY FLAT STEEL: Price rises slower but demand still good

November 30, 2019 / www.metalbulletin.com

Turkish flat steel producers increased their prices slightly during the week ended Friday November 29, with demand strong in the market because of the expectation that prices will increase further.Raw material prices, especially those for scrap, have also continued to increase recently.Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $268.32 per tonne on No...Read More

EU to set 13.4-34.6% provisional anti-dumping duty on CR stainless steel from India, Indonesia

May 01, 2021 / www.metalbulletin.com

The European Commission (EC) will set provisional anti-dumping duties of 13.40-34.60% on cold-rolled stainless steel from India and Indonesia, the EC said on Friday April 30.The tariffs will not come into force until European authorities publish a full document regarding preliminary measures in the Official Journal of the European...Read More

US STOCKS-Wall St slightly lower as Apple weighs

June 05, 2017 / www.kitco.com

* Herbalife falls after cutting current-quarter forecast* Apple slips after rating cut; top drag on all three indexes* Oil prices fall after Arab states cut ties with Qatar* Indexes down: Dow 0.01 pct, S&P 0.05 pct, Nasdaq 0.07 pct (Adds details, changes comment, updates prices)By Tanya AgrawalJune 5 (Reuters) - Wall Street was slightly lower in late morning trading on Monday as Apple dragged down...Read More

ADM's quarterly profit rises on higher soy processing margins

May 01, 2018 / www.kitco.com

(Reuters) - U.S. grains merchant Archer Daniels Midland Co (ADM.N) on Tuesday reported a 16 percent increase in quarterly profit on higher margins from soybean processing and a significant boost in global trade volumes, sending its stock price to a 52-week high in premarket trading.ADM has been trying to diversify into higher-margin sectors, such as food ingredients and aquaculture feed, to compen...Read More

BETTING ON BLOCKCHAIN: The evolution of networks for trade finance

December 14, 2018 / www.metalbulletin.com

As part of its series on blockchain in commodities, Fastmarkets takes a closer look at the evolution of blockchain networks for trade financeMarco PoloOne of the fastest growing trade and working capital finance networks in blockchain is the Marco Polo network, a joint venture with technology firm TradeIX and software firm R3, along with a number of major banks and their clients.Designed to facili...Read More

Contractor Perenti withdraws from parts of Burkina Faso

December 02, 2019 / www.mining-journal.com

AMS has three other contracts in Burkina Faso - at Sanbrado, Siou and Yaramoko - and it will continue to operate those contracts. The company had 19 of its workers killed and another 26 wounded when a convoy they were travelling in from Boungou came under attack. AMS has demobilised its workforce from Boungou via helicopter. According to Perenti it is doing "everything possible to e...Read More

IRON ORE DAILY: Liquidity limited despite active bids

May 05, 2021 / www.metalbulletin.com

Liquidity in the seaborne iron ore market remained weak on Tuesday May 4 due to the Labor Day holiday in China (May 1-5) despite several active bids on trading platforms, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $188.85 per tonne,unchanged62% Fe low-alumina fines, cfr Qingdao: $190.01 per tonne,unchanged58% Fe fines high-grade premium, cfr Qingdao: $161.53 per tonne,unc...Read More

Nikkei falls 1 pct, pressured by stronger yen and Wall St losses

June 06, 2017 / www.kitco.com

TOKYO, June 6 (Reuters) - Japan's Nikkei share average slumped on Tuesday, surrendering the 20,000 level after losses on Wall Street and a stronger yen sapped sentiment.The Nikkei ended down 1 percent at 19,979.90, moving away from Friday's high of 20,239.81, which was its loftiest since August 2015. U.S. stocks edged down on Monday, and a stronger currency also weighed on Japanese shares. The dol...Read More

Macro Roundup (May 3)

May 03, 2018 / news.metal.com

SHANGHAI, May 3 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index registered three consecutive days of gains and closed at 92.725, up 0.28% overnight.Base metals saw mixed trading. LME copper rebounded from a three-week low, and SHFE copper saw a smaller decline as the expansion in China’s manufacturing sector acc...Read More

BATTERY RAW MATERIALS MARKET REPORT 14/12: Year-end sell-off continues to pressure cobalt prices

December 15, 2018 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

CHINA REBAR: Prices down on oversupply outlook

December 04, 2019 / www.metalbulletin.com

China's domestic rebar prices decreased on Tuesday December 3 amid bearish expectations for weakening demand but high output over the next two months. Eastern China (Shanghai): 3,990-4,020 yuan ($566-571) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,720-3,750 yuan per tonne, down 40 yuan per tonne December and January are seasonally weak months for rebar demand in mo...Read More

Helix's Rosenstreich sees 'bright future' for Cobar

May 05, 2021 / www.mining-journal.com

Towards Sustainable Mining Tailings Guidance Aligns with Global StandardSPONSOREDthe mining association of canadaPAM puts itself in the middle of Thailand 4.0SPONSOREDAuroch powers up nickel explorationSPONSOREDauroch mineralsSaturn still shooting for the stars at Apollo HillSPONSOREDsaturn metalsSpeaking at the RIU Sydney Resources Round-up yesterday, Rosenstreich said he was attracted to the com...Read More

Argentina concludes official register of glaciers in mining areas

January 30, 2017 / www.mining.com

Through a quietly released official announcement, the Federal Environment Secretary of Argentina, Sergio Bergman, informed that Argentina's National Glacier Inventory has just completed a glacier count in the controversial Famatina Mountains, and that the National Glacier Institute (the IANIGLA) recognizes the presence of glaciers and rock glaciers, as well as periglacial environment (permafrost),...Read More

Yamana exceeds gold production plans in Q1

May 02, 2018 / www.mining.com

Yamana Gold (TSX:YRI)(NYSE:AUY) announced today that gold production exceeded its plan for the first quarter of 2018.In a media statement, management detailed that gold equivalent ounce production from Yamana mines for the first quarter was 211,246, including 199,555 ounces of gold and 899,261 ounces of silver. Total attributable gold production was 248,088 ounces of gold, including attributable p...Read More

LIVE FUTURES REPORT 04/12: LME zinc price up 1.8% on high turnover; nickel loses ground

December 05, 2019 / www.metalbulletin.com

The three-month zinc price on the London Metal Exchange was higher at the close of trading on Wednesday December 4, with upward movement in the price of the galvanizing metal supported by strong turnover, while nickel futures took a divergent path over the afternoon in a 1.6% sell-off.Zinc's underlying price on the LME closed at $2,245 per tonne in the afternoon, gaining just under 2% from Tuesday...Read More

CIS STEEL SLAB: Prices keep rising in good sales conditions

May 12, 2021 / www.metalbulletin.com

Prices for steel slab from the Commonwealth of Independent States continued to climb in the first half of May on favorable conditions for finished flat steel sales both domestically and in customers' markets.Fastmarkets' weekly price assessment for steel hot-rolled coil, export, fob Black Sea, CIS, was $1,020-1,055 per tonne on Tuesday May 11, up from $1,000-1,020 per tonne a week before.The corre...Read More

Flashback Friday: The world's scariest mining chart

September 23, 2016 / www.mining.com

After a more than three years slump, 2016 has brought much-needed relief for the mining industry.With a couple of exceptions - notably potash and uranium - the gains in metals and minerals prices have been broad-based and substantial. The rally in coal and iron ore surprised even the most ardent bulls, while crude oil's recovery has helped to underpin prices for most raw materials.In the last bear...Read More

Northern Vertex Provides Moss Mine Commissioning Update

May 03, 2018 / news.goldseek.com

FEASIBILITY DESIGN EXPECTATIONS BEING MET AS GOLD SALES AND SUCCESSFUL RAMP-UP CONTINUESVANCOUVER , May 3, 2018 /CNW/ - Northern Vertex Mining Corp. (NEE.V) (the "Company") is pleased to announce that we have completed five gold shipments and we continue to meet the design expectations of our NI 43-101 Feasibility Report (published in 2015) at its Moss Mine in NW Arizona .Kenneth Berry , Presiden...Read More

TRADE CASE MONITOR: Around the world's steel markets in November 2019

December 06, 2019 / www.metalbulletin.com

With competition in the global steel markets still fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in November 2019.1. US: stainless pressure pipe from China, Malaysia, Thailand and VietnamRead More

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