Artemis all set thanks to unique approachSPONSOREDartemis resourcesSolaris issued 25 million shares priced at 80c, with each unit including a three-year warrant priced at $1.20.The proceeds will be used to advance exploration at the Warintza copper-molybdenum project in Ecuador, including a comprehensive geophysical survey and expanded drilling programme.Artemis all set thanks to unique approachSP...Read More

Markets were for the most part stronger this morning, Monday June 1, following relief that United States President Donald Trump’s response last Friday to China’s plans to impose national security laws in Hong Kong did not shake market sentiment because he did not meddle with the phase one US-China trade deal, or increase sanctions. Asian-Pacific equities indices were up strongly, as were...Read More

Mining company Rio Tinto has apologized for destroying one of Australia's oldest Aboriginal heritage sites in order to expand an iron ore project and said that it was urgently reviewing plans at other sites in the Juukan Gorge area.Blasting associated with the expansion of Rio Tinto's Brockman 4 iron ore mine in the Pilbara region of Western Australia over the weekend devastated the Juukan Gorge c...Read More

Turkish domestic ship scrap prices rose over the past week, in line with stronger imported scrap values, market sources said on Monday June 1.The Turkish steel producers resumed their deep-sea scrap purchases at higher prices after the Eid al-Fitr break, which marks the end of Ramadan.Following the upturn in import values, three steel mills raised their...Read More

U.S. equity index futures were lower this morning. S&P 500 futures slipped 4 points in pre-opening trade.U.S. equity index futures were weaker despite strength in European and Far East equity markets. Notably stronger was the Shanghai Composite Index, up 63.08 to a 10 week high of 2915.43 following news that the China Caixin Purchasing Managers Index advanced from 49.4 in April to 50.7 in May....Read More

Turkish steel producers have continued their deep-sea scrap purchases on further easing of the restrictions imposed to combat the Covid-19 pandemic in the country, sources said on Monday June 1.A steel mill in the Iskenderun region booked a Canadian cargo, comprising 10,000 tonnes of shredded, 15,000 tonnes of plate and structural scrap (P&S) and 25,000 tonnes of HMS 1&2 (90:10) at an average pric...Read More

Seaborne premium hard coking coal prices edged down on Monday June 1, with no transactions heard on the day.Fastmarkets indicesPremium hard coking coal, fob DBCT: $109.02 per tonne, down $0.57 per tonne Premium hard coking coal, cfr Jingtang: $115.93 per tonne, down $0.52 per tonneHard coking coal, fob DBCT: $89.57 per tonne, down $0.99 per tonne ...Read More

Seaborne iron ore prices mostly decreased on Monday June 1 after the surge on Friday May 29, with market participants waiting for a clear trend. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $100.45 per tonne, down $1.94 per tonne.62% Fe low-alumina fines, cfr Qingdao: $103.89 per tonne, down $1.11 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $91.93 per tonne, up $4.63 per to...Read More

Hot-rolled coil prices in Vietnam softened over the past week, but movements in the iron ore market will likely stimulate spot demand for the flat steel product from the major buyer, sources told Fastmarkets.Prices for the steelmaking raw material surged last week amid concerns over the supply of high-grade Brazilian materials, which in turn emerged as a result of speculation about there being hun...Read More

The London Metal Exchange has formally canceled this year's LME Week, which was due to take place in London later this year, "due to the Covid-19 pandemic."All of its official events related to the annual gathering will not happen this year, the exchange said in a notice to members on Monday June 1."In the interests of ensuring the safety of all attendees from across the metals industry, the LME h...Read More

China's domestic rebar prices moved up on Monday June 1 following early gains in the futures market that emerged in response to positive data on downstream demand.Domestic Eastern China (Shanghai): 3,570-3,600 yuan ($500-504) per tonne, up by 40 yuan per tonneChina's steel purchasing managers' index for May was 50.9 points, which is 5 points higher than that for April, the China Federation of Logi...Read More

China's hot-rolled coil prices surged on futures gains on Monday June 1, prompting importers to bid above $430 per tonne for Indian material, but sources warned of high risks following the significant increase.DomesticEastern China (Shanghai): 3,650-3,660 yuan ($511-513) per tonne, up 60-70 yuan per tonneNorthern China (Tangshan): 3,630 yuan per tonne, up 60 yuan per tonneTrading was active nation...Read More

Key data from Fastmarkets' pricing session in Europe in the week to Friday May 29.Key drivers Antimony prices edged downward for a third consecutive session on sluggish demand and limited trading in Rotterdam. The metal was also affected by depreciation of the Chinese yuan, which briefly hit...Read More

Outright spot cobalt hydroxide prices picked up in May with buyers seeking nearby units to fill gaps created by delayed shipments out of South Africa, and paying a premium to do so.Fastmarkets' cobalt hydroxide index, min 30% Co, cif China was calculated at $10.32 per lb on Friday May 29, up by 3.41% from the calculation at the end of April.The monthly index takes account of the month's spot cobal...Read More

The offshore yuan is near record lows against the dollar while diplomatic tensions between the United States and China rise, which could lower the price of Chinese-produced metals and minerals.In offshore markets, which are less tightly controlled than markets in mainland China, the yuan briefly hit a record low of 7.20 to the dollar on Thursday May 28. The following day it was trading slightly ab...Read More

Key data from Friday May 29 pricing session in Shanghai.Key drivers Market strengthens amid persistent tight spot supply; limited number of plants in China are producing tellurium and supply of foreign brands remains...Read More

Prices in the European high-carbon and low-carbon ferro-markets increased in in the week ended Friday May 29.In high-carbon trading, industry sources reported deals agreed for more than 1,000 tonnes of alloy that raised the upper end of the price assessment. And deals for about 350 tonnes of more refined-grade material were reported, which had the same effect on the price range in that market.In a...Read More

YTD the 5 biggest stocks are up 15% while the remaining 495 S&P500 companies are lower by a collective 8%, with the overall S&P400 index is down 5% YTD,Read full newsRead More

Steve Kerr saw the positives in the Warriors' organization long before he was hired as the team's head coach.Read full newsRead More

Small-scale gold mining in the Peruvian Amazon poses a health hazard not only to the miners and communities near where mercury is used to extract gold from ore, but also to downstream communities hundreds of kilometers away where people eat mercury-contaminated river fish as part of their diet.Read full newsRead More