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FOCUS: Tin market unsure of price direction after two months' volatility

August 07, 2019 / www.metalbulletin.com

Physical tin market participants disagree over the next move in the price, with some telling Fastmarkets that it could rebound after a slide of more than 12% over the past two months although weak demand and erratic stock moves continue to dent momentum. On the London Metal Exchange, the three-month tin price has fallen by 12.7% since June 5 from above $19,000 per tonne. The price is also down by...Read More

Tech Talk for Tuesday August 6th 2019

August 06, 2019 / www.timingthemarket.ca

U.S. equity index futures moved higher this morning. S&P 500 futures advanced 24 points in pre-opening trade. Index futures responded to news that China has taken steps to stabilize the Yuan relative to the U.S. Dollar. International Flavours and Fragrances (IFF $141.47) is expected to open lower after the company lowered guidance for the remainder of 2019.Bausch Health added $0.65 to U.S. $23...Read More

CHINA REBAR: Depreciating yuan weighs on export prices

August 07, 2019 / www.metalbulletin.com

China's domestic rebar prices held steady on Tuesday August 6, but export prices for the long steel product fell as a result of a weaker yuan. Domestic Eastern China (Shanghai): 3,770-3,800 yuan ($538-542) per tonne, unchangedNorthern China (Beijing): 3,730-3,760 yuan per tonne, unchangedTraders kept prices flat during the day to see how the futures market develops.Sellers would not have been able...Read More

Copper's price slide has market eyeing super-cycle trend for support or bear-run forecast

August 07, 2019 / www.metalbulletin.com

Observers of the copper market are looking at a trend that started in 2001 to determine where the market could find support after five days of successive selling took the price to two-year lows by Monday August 5.At $5,665 per tonne, the London Metal Exchange's benchmark three-month copper futures contract was down by 5.9% since Tuesday last week, having sold off again on Monday amid a worsening d...Read More

LIVE FUTURES REPORT 06/08: LME base metals prices gather momentum in positive morning trade; lead nears $2,000/t

August 07, 2019 / www.metalbulletin.com

Three-month base metals prices on the London Metal Exchange were collectively higher during morning trading on Tuesday August 6, with lead futures leading the way with a 1.4% uptick.Pressuring the lead price lower in recent weeks, fresh inflows of just under 30,000 tonnes staggered across July 30-August 2 led the commodity to shed around 6% of its price and slip below the $2,000-per-tonne support...Read More

HKEX rolls out six new dollar-denominated base metals mini contracts

August 07, 2019 / www.metalbulletin.com

Hong Kong Exchange (HKEX) introduced six new dollar-dominated base metals mini contracts on Monday August 5 to provide more convenient arbitrage or hedging tools and a lower trading threshold for investors globally.The aluminium, zinc, copper, nickel, tin and lead contracts are cash-settled against the LME closing price of the third Wednesday of the spot month and trade on a monthly basis. There w...Read More

FOCUS: Rotterdam aluminium premium resilient while US, Asia fall in July

August 07, 2019 / www.metalbulletin.com

Aluminium premiums in Rotterdam and throughout Europe remained resilient through July, driven by tighter supplies in the region and favorable spreads on the London Metal Exchange.Fastmarkets assessed the aluminium P1020A premium, in-whs dup Rotterdam, which is the region's benchmark, at a one-year high of $95-105 per tonne on Monday August 5. The premium, which rose to its current level on July 22...Read More

Merafe Resources H1 2019 Ebitda down 45% because of low chrome prices

August 07, 2019 / www.metalbulletin.com

Merafe Resources' earnings fell by 45% in in the first half of the year due to lower chrome ore and ferro-chrome prices, it said.The South African chrome producer, which runs a joint venture with trader-miner Glencore, reported earnings before interest tax, interest, depreciation and amortization (Ebitda) of 435.1 million rand ($29.44 million) for the first six months of this year, down from 796.3...Read More

Ferro-chrome production cuts likely in 'key markets' amid low prices - Merafe

August 07, 2019 / www.metalbulletin.com

Ferro-chrome production cuts are likely due to today's low pricing environment, prompting a rebound in the market when supply surpluses shrink, Merafe Resources said on Monday August 5. The South African chrome producer, which runs a joint venture project with trader-miner Glencore, said price and exchange rate volatility are expected to continue to affect the market while global uncertainty will...Read More

China's manganese ore imports in H1 surge by 28% on growing demand

August 07, 2019 / www.metalbulletin.com

Chinese imports of manganese ore totaled 15.7 million tonnes in the first six months of 2019, up by 27.8% from around 12.3 million tonnes in the corresponding period of 2018, according to official but unconfirmed data seen by Fastmarkets. In June, China imported about 2.03 million tonnes of manganese ore, marking an increase of around 3% from 1.97 million tonnes last June, despite being down by 39...Read More

GLOBAL FERRO-SILICON WRAP: Chinese market flat, but weakness seen; Europe stages recovery

August 07, 2019 / www.metalbulletin.com

The Chinese ferro-silicon market was unmoved over the past week, but is expected to weaken in line with soft consumer buying interest and futures prices. In Europe, spot ferro-silicon prices have pared losses against tighter availability, although the bounce may be limited given subdued buying interest from steelmakers. Chinese market prepares for price losses while steelmakers show resistance to...Read More

Heap leaching an option at Integra's DeLamar project

August 07, 2019 / www.northernminer.com

Metallurgical test work at Integra Resources (TSXV: ITR; US-OTC: IRRZF) DeLamar project in southwestern Idaho shows heap leaching is a viable option for a large percentage of the resource, the company says.Results from test-work at the project's Delamar and Florida Mountain deposits indicates recoveries as high as 85% for gold and up to 50% for silver. The results demonstrated recoveries of 80-90%...Read More

The Northern Miner Podcast - episode 146: Natural and synthetic diamond markets can coexist, ft Lucara Diamond CEO Eira Thomas

August 06, 2019 / www.northernminer.com

This episode features an interview with Lucara Diamond president and CEO Eira Thomas on the company's response to challenges in the diamond industry, including competition with synthetic diamonds, as well as the need for consolidation in the diamond space, and why the company plans to maintain its 7% dividend. The interview was conducted by Dean McPherson, TMX Group head of business development fo...Read More

The 10 Biggest Gold Mining Stocks

August 06, 2019 / dlvr.it

Digging for the yellow metal is big business -- and it can add some valuable diversification to your portfolio.Read full newsRead More

Gold King mine spill 'still hurting' NM, 4 years later

August 06, 2019 / dlvr.it

Perception of San Juan contamination affecting some farmers in regionRead full newsRead More

The 10 Biggest Gold Mining Stocks

August 06, 2019 / dlvr.it

Digging for the yellow metal is big business -- and it can add some valuable diversification to your portfolio.Read full newsRead More

Bonterra Resources Announces Increase to its Private Placement to Approximately $32 million

August 06, 2019 / bit.ly

Bonterra Resources Inc. (TSXV:BTR, OTCQX:BONXF, FSE:9BR2) is pleased to announce an increase to theRead full newsRead More

Lions Bay Capital to Become Major Shareholder in Parkway Minerals and Davenport Resources

August 06, 2019 / bit.ly

Lions Bay Capital Inc. (TSXV:LBI) is pleased to advise that Parkway Minerals NL (Read full newsRead More

Beauce Gold Fields Presents Results of a Geoelectric Survey Under the Former Gold Mines of Saint-Simon-les-Mines

August 06, 2019 / bit.ly

Beauce Gold Fields (TSXV:BGF) is pleased to announce the results of a geoelectric tomography survey conducted in the western section of a Beauce Gold property in southern Quebec.Read full newsRead More

The Marijuana Power Trio

August 03, 2019 / www.outsiderclub.com

Three Wise Men.Three-Act Structures.Three Wishes.Three is a number that has persisted in human culture for as long as anyone can remember. It has been associated with religion, popular culture, math and science, sports, and a number of other fields. I'm willing to bet that, right now, without much thought, you can come up with any number of trios. But can you think of any that have to do with m...Read More

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