Asia appears to be setting the trend in the global ferrous scrap market, with prices in Taiwan and Vietnam falling steadily since the start of the year before those in Turkey plunged toward the end of this week.VietnamFastmarkets' weekly price assessment for bulk cargoes of steel scrap HMS 1&2 (80:20), cfr Vietnam was $290-295 per tonne cfr on Friday January 17, down by $5-10 per tonne from last F...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resources"Our business strategy has and continues to be focused on achieving near-term organic production growth, at first quartile production costs, while increasing the foundational long-term copper production base of the Curaca Valley through aggressive exploration and discovery," said president and CEO David Strang.Curaca Valley process...Read More

Seaborne coking coal prices inched down on Friday January 17 because some participants in China have begun their Lunar New Year break early while others were holding off to consider the impact of import restrictions at the country's ports, talks of which surfaced this week. Fastmarkets indices Premium hard coking coal, fob DBCT: $153.07 per tonne, down $2.19 per tonne Premium hard coking coal, cfr...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade. Equity index futures were virtually unchanged following release of December Housing Starts released at 8:30 AM EST. Consensus was unchanged from November at 1.365 million units. Actual was 1.608 million units.Gap Stores gained $1.19 to $19.80 after the company announced that it no longer...Read More

Traders reported a spike in interest for China-origin hot-rolled coil in the export market on Friday January 17 amid limited offers from mills ahead of the Chinese New Year break next week.DomesticEastern China (Shanghai): 3,860-3,880 yuan ($561-564) per tonne, unchangedNorthern China (Tangshan): 3,590 yuan per tonne, unchangedPrices were unchanged with sellers keeping offers stable amid the pre-h...Read More

The three-month zinc price on the London Metal Exchange rose by 1% during morning trading on Friday January 17, holding above the $2,400 per tonne mark after breaching the mark earlier in the week. The outright LME zinc price was recently at $2,423 per tonne, while trading volumes were high at more than 2,100 lots exchanged as of 9:15am London time. Despite buying activity, the benchmark cash/thre...Read More

China's domestic rebar prices remained flat on Friday January 17 amid inactivity, though the futures market gained some strength following the release of economic data for 2019.Eastern China (Shanghai): 3,640-3,670 yuan ($529-533) per tonne, unchangedNorthern China (Beijing): 3,540-3,560 yuan per tonne, unchangedChina's domestic gross product grew by 6.1% last year, the country's National Bureau o...Read More

Deliverable lead stocks at Shanghai Futures Exchange-approved warehouses plunged by 32.3% in the week to Friday January 17 after restocking demand from downstream plants ahead of the Chinese New Year holidays (January 24-30) continued over the period.At 28,306 tonnes on Friday, SHFE lead stocks are down by 13,494 tonnes from the 41,800 tonnes recorded a week earlier.Zhejiang Tianchuan in eastern C...Read More

An overview of the minor metals markets and their latest price moves.Read More

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

Hoshine Silicon, the largest industrial silicon manufacturer in China, will build an 800,000-tpy organosilicon monomer and siloxane deep processing project in Zhaotong, Yunnan province, with a total investment of 20 billion yuan ($2.9 billion), the Zhaotong Municipal Government said in late December.The company signed a strategic cooperation frame agreement with Yunnan provincial government on Dec...Read More

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday January 17. China  Spot domestic ferro-chrome held amid low spot market activity prior to the Chinese New Year holiday (January 24-30).  The charge chrome market was stable with no activity expected before...Read More

Minera Alamos (TSXV: MAI) has started construction of its Santana open-pit heap leach mine in Sonora state and expects to transition from a developer to gold producer this year."This is a big year for us," Doug Ramshaw, the company's president, tells The Northern Miner. "There's probably only going to be six or seven new gold producers this year, which is a pretty exclusive club we're going to joi...Read More

Rio Tinto's (NYSE: RIO) iconic Argyle mine in remote Western Australia, the world's biggest and the main global source of high-quality pink diamonds, will close in the fourth quarter of this year, potentially pushing prices up and spurring exploration.The planned closure, the company said, will impact its total diamond output for the year. Rio now expects to produce between 12 and 14 million carat...Read More

Australian rare earths miner Lynas (ASX: LYC) said Friday that three individuals in Malaysia had filed a lawsuit challenging the government's decision to renew the company's operating licence last year.The miner, the world's only major producer of rare earths outside China, isn't the only one being sued. Other targeted people include the Prime Minister of Malaysia, 27 other Ministers and Cabinet m...Read More

The year is young but two commodities have already posted impressive gains, with palladium extending its run of record highs and rhodium climbing more than...Read full newsRead More

"Metals Investor Forum @MetalsInvtForum on in Vancouver today. Stop in to learn about your next possible investment. #MIF"Read full newsRead More

"Great interview with FPX Nickel CEO Martin Turenne on the KE Report, providing an overview of our Decar project, recent news on leach testing for #nickel sulphate and 2020 plans @AlKorelin https://t.co/4qUVXFILIH"Read full newsRead More

"#FF@Convertbond @LizAnnSonders @EddyElfenbein @hjesanderson @KHerriage @ProfFeynman @MacroCharts @chigrl @iancassel @jsblokland Happy weekend!"Read full newsRead More

Palladium's great start to the year pales in comparison to its lesser known, but much more expensive sister metal, rhodium.Read full newsRead More