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METALS-Copper rebounds after Trump says may seal China deal

September 25, 2019 / www.kitco.com

* GRAPHIC-2019 asset returns: (Recasts, updates with closing prices) By Eric Onstad LONDON, Sept 25 (Reuters) - Copper prices erased losses onWednesday after U.S. President Donald Trump held out theprospect of end to a trade war with top metals consumer China. Trump told reporters in New York that a deal to end a nearly15-month trade war with China could happen "sooner than youthink". Wi...Read More

CMOC's auction win puts Fanya APT stocks in strong hands for at least a year - sources

September 26, 2019 / www.metalbulletin.com

China Molybdenum Co (CMOC), the winner of the recent auction of ammonium paratungstate (APT) stocks formerly held by the defunct Fanya Metal Exchange, is not likely to offload the materials within the next year, market participants told Fastmarkets. CMOC won 28,336 tonnes of Fanya's APT stocks for 3.27 billion yuan ($463 million) in an auction on Tuesday September 17. Rather than casting a sh...Read More

Tech Talk for Wednesday September 25th 2019

September 25, 2019 / www.timingthemarket.ca

U.S. equity index futures moved lower this morning. S&P 500 futures were down 2 points in pre-opening comments. Index futures responded to launch of an impeachment inquiry by the House of Representatives.Nike gained $5.37 to an all-time high at $92.55 after the company reported higher than consensus fiscal first quarter earnings. Stifel Nicolaus raise its target price to $106 form $96.Philip M...Read More

GLOBAL COPPER WRAP: Shanghai premium up on open arbitrage; Europe, US flat on weak demand

September 26, 2019 / www.metalbulletin.com

The Shanghai copper cathode premium moved higher in the week to Tuesday September 24, with continued opportunities in the London-Shanghai arbitrage prompting increased market interest, while flat demand caps premiums in Europe and the United States. Improved arbitrage prompts Shanghai premium interest European demand woes continue US traders wary of import arbitrage lossImproved arbitrage drives u...Read More

CHINA HRC: Prices in eastern region fall on destocking pressure

September 26, 2019 / www.metalbulletin.com

Eastern China's hot-rolled coil prices retreated on Wednesday September 25 with traders seeking more sales before the country's October 1-7 Golden Week.DomesticEastern China (Shanghai): 3,640-3,650 yuan ($512-513) per tonne, down 20 yuan per tonneNorthern China (Tangshan): 3,600 yuan per tonne, unchangedHRC futures traded below Tuesday's settlement price of 3,522 yuan per tonne for most of the day...Read More

CHINA REBAR: Retreating prices in eastern region boost buying interest

September 26, 2019 / www.metalbulletin.com

Eastern China's rebar prices retreated on Wednesday September 25, which went on to stimulate trading activity. Domestic Eastern China (Shanghai): 3,680-3,700 yuan ($517-520) per tonne, down 20-30 yuan per tonneNorthern China (Beijing): 3,590-3,630 yuan per tonne, unchangedSellers in eastern China lowered their prices after two days of increases, which led some end users in the region to raise thei...Read More

FASTMARKETS NON-FERROUS PRICE CHANGES 25/09: Minor metals

September 26, 2019 / www.metalbulletin.com

The following Fastmarkets minor metals prices changed on Wednesday September 25:Minor metalsAntimony max 100ppm Bi, in-whs Rotterdam $/tonne: $5,950-6,175 per tonne from $5,850-6,150Antimony MMTA standard grade II, in-whs Rotterdam, $/tonne: $5,900-6,100 per tonne from $5,800-6,100Antimony MMTA standard grade II, ddp China, yuan/tonne: 39,000-39,500...Read More

TITANIUM SNAPSHOT: Alloy market eases amid slow activity

September 26, 2019 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday September 25.Key driversThe ferro-titanium market dropped in price in the past week, losing $10 on the top end of the range amid slow trading. Consumers have been slow to return to the market since the seasonal summer lull, both for prompt and quarterly deliveries of ferro-titanium. Around 70 tonnes of ferro-titanium was reported so...Read More

NA FERRO-ALLOYS CONF: Likely key talking points at industry gathering in Chicago

September 26, 2019 / www.metalbulletin.com

While the ferro-alloys industry prepares to gather in Chicago for the annual North American Ferro-alloys conference on September 25-27, Fastmarkets outlines some of the key topics likely to dominate discussions this year. Where is the floor for ferro-vanadium prices? Ferro-vanadium prices in Chinese and European markets both hit all-time highs last year, partly because of an anticipated increase i...Read More

LME extends initiative to waive cobalt listing fees

September 26, 2019 / www.metalbulletin.com

The London Metal Exchange will extend the waiver of listing fees for new cobalt brands until December 20, 2019, it said on September 24. The exchange launched the initiative on March 26 this year, initially for six months, in an effort to encourage liquidity on its physically delivered cobalt contract. Since then, Norilsk grade-I cut cobalt cathodes and Huayou cut cobalt cathodes have been listed...Read More

5 Simple Steps to Reduce Your Financial Strain

September 25, 2019 / dailyreckoning.com

Dear Rich Lifer,Think about the last five years...Can you recall an unexpected event that led to financial stain? Maybe a health crisis, layoff, leaky roof, or unexpected car repair.You're not alone. Approximately two-thirds of U.S. households experience an unexpected event that negatively impacts their financial wellbeing, according to Pew research.So it's no wonder the most common cause of money...Read More

The Rumor of a Currency Reset & Gold

September 25, 2019 / www.armstrongeconomics.com

QUESTION: Hi Marty!Thanks for all your great work, I’ve been following you for many years and you are a true inspiration.I have some questions about the precious metals market. There has been some talk about a “monetary reset” in the future, how do you see it play out and what role do you think precious metals could have if there is a reset?In the short term, we see silver and go...Read More

NA FERRO-ALLOYS CONF: Vanadium continues to fight for dominance in China rebar use

September 26, 2019 / www.metalbulletin.com

Ahead of the annual North American Ferro-alloys conference in Chicago on September 25-27, Fastmarkets looks at some of the key factors likely to dominate vanadium contract negotiations over the coming weeks. See also: NA FERRO-ALLOYS CONF: Likely key talking points at industry gathering in ChicagoRead More

FASTMARKETS NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES 25/09

September 26, 2019 / www.metalbulletin.com

The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday September 25:Aluminium scrapCommercial cast, delivered consumer UK, ?/tonne: ?660-700 per tonne...Read More

NASA astronaut to fete Mines Astronaut Scholars on Sept. 30

September 25, 2019 / www.minesnewsroom.com

Two Colorado School of Mines students have been named Astronaut Scholars for the 2019-2020 academic year. Brianne Treffner, a senior majoring in engineering physics, and Gabriel Adriano, a senior majoring in chemical engineering, will each receive a $10,000 scholarship from the Astronaut Scholarship Foundation, as well as mentorship and professional development opportunities throughout the year.C...Read More

Thomas Cook, Sirius: too big not to fail

September 25, 2019 / www.mining-journal.com

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemes‘Bigger is better' is a phrase we often hear bandied about, but I'm not entirely sure from where it stems...Read More

Wesdome hikes resource estimate for Kiena mine in Quebec

September 24, 2019 / www.northernminer.com

Wesdome Gold Mine (TSX: WDO) has released an updated resource for its 100%-owned Kiena complex in Val-d'Or, Quebec.The latest resource estimate, which points to an increase in gold grade and ounces, was based on an additional 140 new holes for a total of 36,050 metres drilled since Oct. 12, 2018. Of the 140 drill holes, 66 are in the Kiena Deep A zone.Kiena's indicated resources now stand at 679,...Read More

Highland Copper tables PEA for White Pine North

September 29, 2019 / www.northernminer.com

A preliminary economic assessment (PEA) of Highland Copper's (TSXV: HI; US-OTC: HDRSF) White Pine North copper project in Michigan envisions a 25-year mine producing an average of 40,000 tonnes of copper per year.The White Pine North project, 7.5 km south of Lake Superior in Ontonagon county, is an extension of the historical White Pine mine that operated from 1953 to 1995, during which time it p...Read More

#FOMAmericas welcomes @bertrandodinet VP, CIO & Chief Innovation Officer @FM_FCX to the stage next month. Bert wi...

September 25, 2019 / twitter.com

"#FOMAmericas welcomes @bertrandodinet VP, CIO & Chief Innovation Officer @FM_FCX to the stage next month. Bert will be on the panel 'Analyze, Adapt and Overcome: How #Miners can Build and Integrate an Effective #DigitalStrategy into their #Operations?'https://t.co/tluygkvdJV"Read full newsRead More

. @RockyMtnInst Senior Associate,Thomas Kirk joins us in Denver to discuss 'Mine Development - "Hauling" ourselves...

September 25, 2019 / twitter.com

". @RockyMtnInst Senior Associate,Thomas Kirk joins us in Denver to discuss 'Mine Development -"Hauling" ourselves into the future: Improvements to the #Sustainability of Hauling.' #futureofmining #FOMAmericasDon't miss out and register now: https://t.co/81ZzC8AfAR"Read full newsRead More

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