The spot markets for tin were quiet in the United States and Europe in the week ended Tuesday January 28, and especially in Asia, because of the holiday for the lunar new year which began on January 25 and has been extended into February because of the outbreak of a coronavirus infection in China.London Metal Exchange tin price falls sharply on coronavirus concerns in Asia, where markets are close...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday January 29.Please click...Read More

The three-month price of lead on the London Metal Exchange stood out as the most notable underperformer at the close of trading on Wednesday January 29, selling off more than 3% of its outright price to close at its lowest level since June 2019, while copper continued to struggle over the afternoon.Lead's underlying price on the LME closed at $1,832 per tonne on Wednesday afternoon, falling from a...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday January 29.Key drivers The price range for ferro-titanium has widened over the past week with slower trading activity resulting in lower-priced deals done in Europe, while UK trading was done at around the top end of the range. The move marked the first change in the alloy price range since December 18, although the scrap markets ha...Read More

At a press conference following the Federal Open Market Committee's two-day meeting, chairman Jerome Powell said some of the uncertainties around trade were diminishing and there were some signs global growth may be stabilising."Nonetheless, uncertainties about the outlook remain, including those posed by the new coronavirus," he said.Most key market indices had closed slightly higher yesterday bu...Read More

The move will result in a fourth quarter 2019 pretax charge of about US$530 million, mainly for asset write-offs and including severance charges.Read More

The outbreak of a coronavirus has led to the prolonged closure of Chinese businesses, triggering delays in logistical operations with copper market participants looking to ship cathodes and concentrates into the country.Traders and producers with shipments set to arrive in China in the first two weeks of February reported potential delays as well as difficulty in getting guarantees that letters of...Read More

Buying Pit N Portal will open surface equipment hire-focused Emeco up to the underground mining market and to being a mining contractor in its own right.Read More

The regional government in Galicia said its decision was based on two reports which raise concerns the project would cause environmental damage to the Ulla river downstream.Read More

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

By: Ira EpsteinGold 18-dma support at $1,564.80. Resistance around $1,587/8. Gold swings hard to call market..Read More

To me the fall in gold price is just a correction and nothing else. Traders will prefer not to get caught off guard in FOMC tonight. Margin calls on stocks and crude oil also resulted in traders closing long positions in gold. Technical sellers came into play once gold started falling. Silver got knocked down as it failed to trade over $18.00. The combination of gold price fall along with sell o...Read More

Due to the enforced extension of China's Lunar New Year holidays, Fastmarkets will roll over the following minor metals, ores and alloys price assessments on Friday January 31.MB-BI-0002 - Bismuth 99.99% Bi min, in-whs China, yuan/tonneMB-CO-0001 - Cobalt 99.8% Co min, ex-works China, yuan/tonneMB-CO-0017 - Cobalt sulfate 20.5% Co basis, exw China, yuan/tonneMB-CO-0012 - Cobalt tetroxide 72.6% Co...Read More

Turkish deep-sea scrap import prices declined sharply once again, following the fresh United States' cargo deal heard on Wednesday January 29.A steel mill in the Marmara region booked a cargo of 30,000 tonnes of HMS 1&2 (90:10) at $275 per tonne cfr, Fastmarkets was told. This would put the HMS 1&2 (80:20) price at $272 per tonne cfr, several market sources said. The US cargo was compared with the...Read More

The low price of lithium and cost overruns on junior projects have made investors cautious about the sector, creating doubt about whether lithium juniors will be able to access capital and ensure a supply of lithium in the years ahead. There are a number of lithium mining projects stacked in the pipeline, all of which require further capital if they are to come into production. But one of the proj...Read More

Today is Wednesday, January 29, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,570.60. It's up 0.22% from yesterday and up...Read More

Due to the enforced extension of China's Lunar New Year holidays, Fastmarkets will roll over the following minor metals, ores and alloys price assessments on Friday January 31.MB-BI-0002 - Bismuth 99.99% Bi min, in-whs China, yuan/tonneMB-CO-0001 - Cobalt 99.8% Co min, ex-works China, yuan/tonneMB-CO-0017 - Cobalt sulfate 20.5% Co basis, exw China, yuan/tonneMB-CO-0012 - Cobalt tetroxide 72.6% Co...Read More

Today is Wednesday, January 29, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Ovintiv (NYSE: OVV), Holly Energy Partners LP (NYSE: HEP), and Baytex Energy Corporation (NYSE: BTE).Ovintiv (NYSE: OVV)Ovintiv (NYSE: OVV) is a $4.245 billion company today with a one-year return of -74.12%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-va...Read More

Domestic prices for hot-rolled coil have increased across Europe, supported by good order books at European mills and a lack of competitive import offers, sources told Fastmarkets on Wednesday January 29.Northern EuropeFastmarkets' daily steel hot-rolled coil index, domestic, ex-works Northern Europe, was ?,?467.08 ($514.49) per tonne on Wednesday, up by ?,?0.52 per tonne day on day from ?,?466.56...Read More

Three years ago, a small, little-talked-about report was released by the Department of the Interior.It was written by a bureau of the department known as the U.S. Geological Survey.The goal of the report was simple: identify information on events, trends, and issues for each mineral commodity. After all, the non-fuel minerals they researched were vital to the U.S. economy.The value added to our GD...Read More