China's domestic rebar prices were stable on Friday August 23, with some restocking being done ahead of the weekend keeping the market supported.Domestic Eastern China (Shanghai): 3,660-3,690 yuan ($516-521) per tonne, unchangedNorthern China (Beijing): 3,600-3,630 yuan per tonne, unchangedTraders kept their prices flat despite gains in the figures market in an effort to secure more sales before t...Read More

With little changed in the depressed markets, focus will now turn to what ideas central bankers come up with when they meet at the Economic Policy Symposium at Jackson Hole, in the US state of Wyoming, on Friday August 23.Thursday's flash manufacturing purchasing managers' indices (PMI) showed US manufacturing moving into contraction for the first time since 2009, while Japan and Europe remained i...Read More

Base metals prices on the Shanghai Futures Exchange were in consolidation mode again on Friday August 23, with the complex broadly down - led by a 1% decline in zinc.Losses in the other SHFE base metals were largely limited: October copper (-0.1%), October aluminium (-0.3%), October lead (-0.1%), September tin (-0.8%), while nickel bucked the trend with a gain of 0.1%.The weakness across the base...Read More

Key data from the August 23 pricing session in London.Key drivers:- Cobalt prices consolidated their recent gains, with traders continuing to restock in anticipation of tightness resulting from the closure of the Mutanda mine in the Democratic Republic of Congo at the end of the year.- Modest consumer buying took place at similar price levels, but characterized by smaller volume deals. End-users.....Read More

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

The following Fastmarkets minor metals prices changed on Friday August 23:Minor metalsAntimony max 100ppm Bi, in-whs Rotterdam $/tonne: $5,850-6,050 per tonne from $5,900-6,100Antimony MMTA standard grade II, in-whs Rotterdam, $/tonne: $5,700-5,950 per tonne from $5,700-6,000Bismuth 99.99% Bi min, in-whs Rotterdam, $/lb: $2.70-2.90 per lb from $2.75-2.95Bismuth 99.99% Bi min, in-whs China, yuan/to...Read More

U.S. equity index futures moved higher this morning. S&P 500 futures were down 17 points in pre-opening trade. Index futures moved lower following news that China plans to impose new tariffs on September 1st on an additional goods valued at $75 billion.U.S. Investors are waiting for comments on monetary policy to be released at the Jackson Hole symposium this morning at 10:00 AM EDT. The Canad...Read More

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

The Tenke Fungurume copper-cobalt mine in the Democratic Republic of Congo (DRC) has seemingly become a financial headache for Chinese miner China Molybdenum, which holds an 80% stake in the mine.China Molybdenum said that the mine was now in a "deficit zone" because falling metal prices, higher taxes and royalties and rising production costs were "squeezing the business profitability" of min...Read More

Stainless steel prices in the European domestic market increased this week after a key mill announced that monthly alloy surcharges will rise sharply in September, sources told Fastmarkets on Friday August 23. Finland-based Outokumpu said its September surcharge for grade-304 stainless steel flat products will increase to ?,?1,557 ($1,726) per tonne, a gain of ?,?175 per tonne from the August valu...Read More

A Colorado School of Mines chemistry professor is among the leadership of a new National Science Foundation research center dedicated to the scientific challenges related to metals recycling and sustainability.Associate Professor Jenifer Shafer is one of three executive board members of the new Center for Sustainable Separations of Metals (CSSM), led by the University of Pennsylvania.Research com...Read More

Global mining companies operating in Mexico are working with the country's mining chamber, Camimex, to determine the impact of Mexico's President Andres Manuel Lopez Obrador's statement earlier this month that no new mining concessions will be handed out in the country.President Lopez Obrador said that his government will "keep the current concessions and not hand out new concessions, because they...Read More

Three of the initial assays from Macarthur Minerals' (TSXV: MMS) Hillside gold and copper project in the Pilbara region of Western Australia have returned anomalous grades for base metals and gold, the company says.One gossan outcrop returned 6.4% copper and 0.45% zinc, 0.185 ppm gold and 37.8 ppm silver, showing similar copper grades to a historical rock chip from another gossan outcrop 6 km sout...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningPeel cracks Cobar codeSPONSOREDpeel miningAt the peak of the commodity-price cycle in 2010-2012, when most global miners invested in digital technologies such as autonomous haulage or remote operatio...Read More

Bulk samples collected from test pits excavated at Novo Resources' (TSXV: NVO) Egina gold project in the Pilbara region of Western Australia have recovered coarse gold.Novo processed 281 cubic metres of surface lag gravel next to the first exploration trench on the property. The gravel yielded 292.38 grams of coarse gold nuggets. One sample yielded 118.6 grams of gold nuggets from 80 cubic meters...Read More

Mounting challenges at its wholly owned Campo Morado zinc mine in Guerrero state, Mexico, has prompted Telson Mining (TSXV: TSN) to put the operation on care and maintenance, and devote its resources to getting the Tahuehueto gold operation in Durango state into commercial production.Telson recently announced its decision to indefinitely curtail operations at Campo Morado, citing both security and...Read More

"The nickel price has been very strong as of late. Yesterday I had the chance to speak to @AlKorelin about what is driving the it and why I think @FPX_Nickel presents the best upside potential given its associated risks.https://t.co/WWaa08y7Hm"Read full newsRead More

The Anglo-American operator of a gold mine in Armenia that has been blocked for a year by environmental protesters said the government had given it the green light to restart work after a study found it posed no threat.Access to the Amulsar mine operated by Lydian International has been blocked sinceRead full newsRead More

"Deer Horn Partner Cheona Metals and Leading NGO RESOLVE Support First Yukon Placer Mine Restoration Under Salmon Gold?,,? Label https://t.co/aTCNLzC9gu"Read full newsRead More

"Deer Horn Partner Cheona Metals and Leading NGO RESOLVE Support First Yukon Placer Mine Restoration Under Salmon Gold(TM) Label https://t.co/qDX9QJKQCZ"Read full newsRead More