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Nevada Copper aims for Q3 restart

June 17, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIt had suspended processing at its fledgling operation in April due to the impact of COVID-19.The company had begun the phased remobilisation of plant personnel and was targeting a processing restart in August, it said yesterday.Artemis all set thanks to unique approachSPONSOREDartemis resourcesMeanwhile it had made "considerable p...Read More

Regulus eyeing Coimolache sulphide PFS

June 16, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe PFS results may give a clear indication of the future development potential of the sulphides in the area, and add to the potential for Coimalache seeking a transaction with Regulus.Read More

Tech Talk for Wednesday June 17th 2020

June 17, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 15 points in pre-opening trade.U.S. equity index futures were virtually unchanged following release of the May Housing Starts report at 8:30 AM EDT. Consensus was 1.095 million units versus 934,000 units in April. Actual was an increase to 974,000 units.The Canadian Dollar was virtually unchanged at 73.84 following rel...Read More

US stainless scrap prices retreat in stagnant market

June 18, 2020 / www.metalbulletin.com

Most stainless scrap prices in the United States have moved lower week on week, with the market losing its upward momentum amid concerns over a possible second wave of Covid-19, the seasonal summer slowdown, limited supply and weakening demand."There has been no change in supply or demand conditions, and the London Metal Exchange cash nickel has not changed significantly from last week to warrant...Read More

DAILY STEEL SCRAP REPORT: Prices stable after fresh US booking

June 18, 2020 / www.metalbulletin.com

Turkish steel producers continued to book deep-sea scrap for July shipment at steady prices on Wednesday June 17, sources told Fastmarkets.A steel mill in the Iskenderun region booked a US cargo, comprising 17,000 tonnes of HMS 1&2 (80:20) at $267 per tonne cfr and 15,000 tonnes of shredded at $272 per tonne cfr.Following the news of the US transaction, the change in the daily scrap indices was on...Read More

COKING COAL DAILY: Seaborne prices largely stable in balanced market

June 18, 2020 / www.metalbulletin.com

Seaborne coking coal prices were relatively stable on Wednesday June 17 and Chinese market participants believe prices will remain flat for the near term. Fastmarkets indices Premium hard coking coal, fob DBCT: $108.18 per tonne, down $0.18 per tonne Premium hard coking coal, cfr Jingtang: $117.34 per tonne, down $0.01 per tonne Hard coking coal, fob DBCT: $89.41 per tonne, unchanged Hard coking c...Read More

IRON ORE DAILY: Seaborne prices buckle amid lack of clarity on demand outlook

June 18, 2020 / www.metalbulletin.com

Seaborne iron ore prices weakened on Wednesday June 17 amid concerns over the demand outlook for steel products.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $104.09 per tonne, down $0.76 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $106.43 per tonne, down $1.37 per tonne. 58% Fe fines high-grade premium, cfr Qingdao: $92.78 per tonne, down $1.23 per tonne. 65% Fe Brazil-o...Read More

PEOPLE MOVES: BHP names Lamont as new CFO

June 18, 2020 / www.metalbulletin.com

BHP has appointed David Lamont as its new chief financial officer effective December 1, 2020, ahead of the departure of the current CFO Peter Beaven, the company announced on Wednesday June 17.Currently Lamont is the CFO of the Australia Stock Exchange-listed biotech company CSL, a position he has held since January 2016.Read More

SHFE aluminium uptrend persists; new projects, imported material pressure market

June 18, 2020 / www.metalbulletin.com

The Shanghai Futures Exchange aluminium price uptrend will last at least until the end of June on recently strong downstream demand but new aluminium projects as well imported material may cap that, several aluminium market experts said to Fastmarkets on June 16.The SHFE aluminium price stood at 13,875 yuan ($1,957) per tonne on June 16, up 270 yuan from Monday's close at 13,600 yuan per tonne. Th...Read More

CHINA REBAR: Growing concerns over Beijing Covid-19 outbreak chip off prices

June 18, 2020 / www.metalbulletin.com

China's domestic rebar prices dropped slightly on Wednesday June 17 amid concerns over whether the construction sector would come under restrictions due to a fresh Covid-19 outbreak in Beijing.Domestic Eastern China (Shanghai): 3,550-3,580 yuan ($501-505) per tonne, down by 20 yuan per tonneMarket participants are worried that construction sites in Beijing would have to stop work to contain the sp...Read More

LIVE FUTURES REPORT 17/06: LME nickel price holds above $13,000/t; zinc up 1.6%

June 18, 2020 / www.metalbulletin.com

The London Metal Exchange three-month nickel price held just above $13,000 per tonne during morning trading on Wednesday May 17, having rallied by 2.2% at the previous day's close and shrugged off a marginal 180-tonne inflow of stock into Kaohsiung, Taiwan. The LME three-month nickel contract was recently trading around $13,015 per tonne, remaining above the $13,000 per tonne psychological level b...Read More

MORNING VIEW: Markets pause to evaluate impact of Covid-19 secondary waves

June 18, 2020 / www.metalbulletin.com

Markets were mixed this morning, Wednesday June 17, while bullish sentiment continues to be fueled by government liquidity and stimulus but Covid-19 concerns and economic reality remain headwinds.Asian-Pacific equity markets were mixed this morning, but pre-market major western equity index futures were weaker. Passenger car registrations in the European Union fall by 52.3% year on year in May, Ap...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

June 18, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

June 18, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt...Read More

MINOR METALS MARKET REPORT 17/06: Antimony under pressure but prices could be near bottom

June 18, 2020 / www.metalbulletin.com

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

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

June 18, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

June 18, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt...Read More

TITANIUM SNAPSHOT: Alloy, scrap markets drop amid quiet trading

June 18, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday June 17.Key driversEuropean ferro-titanium and scrap markets drop amid quiet demand, resuming losses after briefly stabilizing last week. Market sources expect to find a floor at present price levels until the third quarter when scrap arisings - which have been falling for several weeks while international lockdowns due to...Read More

'You have to think, not believe': Canadian Mining Symposium day 2 features Don Lindsay, Jeffrey Christian

June 17, 2020 / www.northernminer.com

The second day of the Canadian Mining Symposium (CMS) went global on June 17, with the virtual event bringing together another set of speakers from across a wide spectrum of the industry. The sessions ran the gamut from technical presentations to discussions with junior miners, as well as in-depth and personal conversations with some of the biggest names in the business.The morning began with Anth...Read More

Canadian Mining Symposium opens with industry stalwarts Sean Boyd, Ashley Kirwan and Gord Stothart

June 17, 2020 / www.northernminer.com

The fifth instalment of the Canadian Mining Symposium kicked off on June 16. In light of the Covid-19 pandemic, this year's event has been moved from the auspicious setting of Canada House in London, U.K., to the virtual realm.The symposium now boasts over 2,166 attendees from 83 countries consisting of mining experts from across the spectrum, including CEOs, managing directors, and presidents to...Read More

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