Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftWell so much for that World Cup. It was fun while it lasted but, in the end, we got abou...Read More
China's domestic hot-rolled coil prices remained largely stable on Friday October 25 on steady demand, though market participants have a bearish outlook for the longer term.DomesticEastern China (Shanghai): 3,500-3,520 yuan ($495-498) per tonne, unchangedNorthern China (Tangshan): 3,500 yuan per tonne, narrowing upward by 10 yuan per tonneTrading activity remained moderate in Shanghai, while that...Read More
Base metals prices on the London Metal Exchange were little changed on Friday October 25 despite continued drawdowns of LME stocks.The benchmark three-month copper price was unchanged from Thursday's close at $5,887 per tonne. On-warrant copper stocks continue to decline and are keeping the price well supported.A further 4,225 tonnes were delivered out of LME warehouses this morning following a 10...Read More
Despite ending 2018 as the best performer among the base metals after being the worst in the previous year, London Metal Exchange tin has entered the fourth quarter of 2019 as the laggard.The metal's three-month price on the exchange has fallen by more than 18% since the start of the year, when the price came near to $20,000 per tonne. At the same time, open interest on the exchange has also trend...Read More
China's domestic rebar prices were largely flat on Friday October 25, while billet and futures both moved up.Eastern China (Shanghai): 3,580-3,610 yuan ($507-511) per tonne, unchangedNorthern China (Beijing): 3,550-3,600 yuan per tonne, widened upward by 10 yuan per tonneRebar futures rose after a data release on Thursday showed a sharp drop in inventories, sources said. Prices in the spot market...Read More
Key data from the October 25 pricing session in London. Key drivers- Sellers undercut previous offers in thin trading, in order to lock in business, while a greater focus is placed on contract negotiations for 2020. Some traders opt to lock in a profit, with prices at their highest since...Read More
An overview of the minor metals markets and the reasons for their latest price moves.Read More
An overview of the Chinese minor metals markets and the reasons for their latest price moves.Read More
Glencore increased its cobalt production in the first nine months of the year by 21% largely due to ramping up its Katanga project, the trader miner announced on Friday October 25. Year-to-date cobalt production hit 34,400 tonnes, up from 28,500 tonnes in the same period of 2018. Production at the copper department was 31,500 tonnes, up 23% year on year, while the nickel department production 2,90...Read More
Austenitic alloy steel scrap prices widened downwards this week because of ongoing poor demand and, in the case of grade-316 material, lower molybdenum costs during October, sources told Fastmarkets on Friday October 25. Fastmarkets' price assessment for stainless steel scrap 316 solids, domestic, delivered merchants UK, was ?1,250-1,350 ($1,610-1,739) per tonne on October 25, down by ?40 per to...Read More
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Precious metals miner Hochschild Mining on Wednesday reported a near 9% jump in ...Read full newsRead More