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CHINA REBAR: Prices in eastern region fall on destocking needs

April 09, 2020 / www.metalbulletin.com

Eastern China's rebar prices dropped on Wednesday April 8 on destocking pressure, while those in the northern region held steady on rising demand. Eastern China (Shanghai): 3,370-3,400 yuan ($478-482) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,330-3,370 yuan per tonne, unchanged Demand for rebar in eastern China has reached a "steady and good" level since mid-March, market p...Read More

MINOR METALS MARKET REPORT 08/04: Lack of demand causes antimony price slump

April 09, 2020 / www.metalbulletin.com

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

TITANIUM SNAPSHOT: Alloy market consolidates gains, new supply doubts

April 09, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday April 8.Key drivers The ferro-titanium market in Europe has consolidated gains made in the first week of April, cementing prices amid new concerns about production in the UK adding to existing supply worries from key international exporter Russia. UK-based sources have doubts on near-term production due to the Covid-19 pandemic tha...Read More

Noble to close base metals, rare earth trading desks in major headcount cut - sources [UPDATED]

April 09, 2020 / www.metalbulletin.com

Hong Kong trading house Noble Group Holdings will close its base metals and rare earths trading desks as part of widespread board-mandated staffing cuts, informed sources told Fastmarkets. Noble's board is said to have agreed on a directive for a major cut to headcount across the business, with traders informed that they would be let go on Monday and Tuesday this week. "They are blaming Covid-19 b...Read More

FOCUS: Supply uncertainties lead cobalt-hydroxide market to fixed-price spot deals

April 09, 2020 / www.metalbulletin.com

Spot cobalt hydroxide deals are being concluded on a fixed-price basis while buyers and sellers seek to shield themselves from market volatility expected to come from measures taken to curb the global spread of the coronavirus.News late last month that South Africa would enter a 21-day lockdown created uncertainty over the supply of cobalt hydroxide in the coming weeks and months. About 65% of the...Read More

FOCUS: Why is the seaborne manganese ore price surging while chrome ore rise lags?

April 09, 2020 / www.metalbulletin.com

The lockdown in South Africa has sparked a sharp rise in seaborne manganese ore prices in China, whereas the chrome ore market has lagged behind due to different end uses, slower portside price movements and high stocks. South Africa has been under a nationwide lockdown since Thursday March 26, implemented to prevent the spread of the Covid-19 virus. The country's metals and mining operations...Read More

EC imposes provisional anti-dumping duties on HR stainless imports from China, Taiwan, Indonesia

April 09, 2020 / www.metalbulletin.com

The European Commission has imposed anti-dumping duties on imports of hot-rolled stainless steel products originating in China, Taiwan and Indonesia into the European Union, it announced on Tuesday April 7.The provisional duties relate to an investigation started on August 12, 2019, following the European Steel Association Eurofer's complaint lodged two months earlier.The investigation applies to,...Read More

Japan's national emergency halts China-bound scrap inspections, exports

April 09, 2020 / www.metalbulletin.com

China Certification & Inspection Group's (CCIC) Japanese unit has suspended operations after Prime Minister Shinzo Abe declared a state of national emergency in major areas of Japan in response to the spreading Covid-19 virus, Fastmarkets learned. On Tuesday April 7, the Japanese government announced a month-long national emergency in Tokyo, Osaka, Fukuoka and four other prefectures.CCIC Japa...Read More

NOBLE ALLOYS MARKET REPORT 08/04: Ferro-vanadium up 5.5% on South Africa supply concerns [CORRECTED]

April 09, 2020 / www.metalbulletin.com

An overview of the noble alloys markets and the reasons for any price moves.Read More

Rio Tinto maintains dividend, discloses taxes

April 08, 2020 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO) Chairman Simon Thompson told shareholders the company will proceed with a dividend payment announced in February of $2.31 per share, or $3.7 billion, and that the payment will be made on April 16, Reuters reported today."We took this decision because Rio Tinto has a strong balance sheet, our operations are running safely and our order book for iron ore is full," Reu...Read More

Cameco halts conversion facility in Ontario

April 08, 2020 / www.northernminer.com

Canada's Cameco (TSX: CCO; NYSE: CCJ), the world's largest publicly traded uranium miner, is placing its plant at the Port Hope conversion facility in Ontario in a temporary safe shutdown state for four weeks.The move comes as the company faces the increasing challenge of maintaining an adequate workforce as a result of screening protocols and other measures put in place to combat the COVID-19 pan...Read More

Can ASX 200 gold shares boost your returns amid the coronavirus crisis?

April 09, 2020 / dlvr.it

Amid the current coronavirus crisis, could these 3 ASX gold shares be a good long-term buy? The post Can ASX 200 gold shares boost your returns amid the coronavirus crisis? appeared first on Motley Fool Australia.Read full newsRead More

Gold's new breakout is very bullish: Here's why

April 08, 2020 / dlvr.it

Gold hit a new high for the move to $1714 and a new closing high of $1707. Additional charts explain the significance. Next Major Resistance Gold's nRead full newsRead More

Pogo gold mine worker tests positive for the novel coronavirus

April 08, 2020 / dlvr.it

The Alaska Department of Health and Social Services reported Monday morning six new cases of COVID-19 and three new hospitalizations in Alaska Monday, bringing the total case count to 191.Read full newsRead More

RT @MsCapitalMarket: #PODCAST: How #AugmentedReality is Driving the New #Economy [

April 08, 2020 / www.podbean.com

This podcast is part of our Technology Sector CEO interview series, and our mission going forward is to help listeners and investors understand more about investment opportunities in the public marketplace. According to Statista, global ecommerce sales will hit over $2.8 trillion dollars, with 60 percent occurring on a desktop computer and 40 percent happening on a mobile device. Augmented reali...Read More

"There was a spike in volume because..people saw what was going on with the US stock market having such violent swi...

April 08, 2020 / twitter.com

""There was a spike in volume because..people saw what was going on with the US stock market having such violent swings with pressure to the downside"See these #Junior #Silver #Gold #Mining companies:$NLR $RYO $AUX $VSR $SSE $CBI $SMN $CCW#MomentumStockshttps://t.co/kvQ5x12XcG"Read full newsRead More

"#Gold and gold stocks have bounced back pretty nicely over the last couple of days, so it's very possible that the...

April 03, 2020 / twitter.com

""#Gold and gold stocks have bounced back pretty nicely over the last couple of days, so it's very possible that the worst is over for gold and gold #stocks and the recovery has begun" ???(C)See these:$NLR $RYO $AUX $CLM $VSR $CBI $SMN $CCW#MomentumStockshttps://t.co/STtdtaW4L2"Read full newsRead More

@BullfrogCorp to Start Drill Program at its Nevada Project

April 08, 2020 / bit.ly

Bullfrog Gold Corp (OTCQB:BFGC; CSE:BFG) is pleased to announce a drill program at its Bullfrog Project.Read full newsRead More

Global coal production will grow this year despite covid-19

April 09, 2020 / www.mining.com

Coal-fired power plant in China. (Image source: Adobe Stock) Global coal production is expected to grow only marginally in 2020, from 8.13 billion tonnes in 2019 to 8.17 billion tonnes in 2020, a growth of only 0.5% after three consecutive yearly increases, due to the disruptions caused by the coronavirus pandemic, says GlobalData.According to the analytics company, disruption has been most signi...Read More

Great Bear drilling finds good continuity at LP Fault, shares up

April 09, 2020 / www.mining.com

2017 Dixie Lake drilling in Ontario's Red Lake District - Image courtesy of Great Bear Resources. Great Bear Resources has released a new batch of drill results from the ongoing C$21-million drill program at its Dixie project in northern Ontario. The assays continue to return good gold grades and show good continuity of mineralization at the LP Fault target on drill spacing of 25 to 100 metre ce...Read More

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