(Updates with closing prices)By Eric OnstadLONDON, Dec 5 (Reuters) - Copper fell to its lowest level ina week on Wednesday after comments by U.S. President DonaldTrump stoked more worries about trade tensions with top metalsconsumer China.Most other industrial metals were in the red due to concernabout growth in China and after the country's currency slipped.Markets were unconvinced when China exp...Read More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
Gold enters December in reasonable shape.The price holds $1200 despite new highs in the dollar index.The Fed Chairman gives a speech that is bullish for the yellow metal.The low came early in 2018; open interest tells us no one expects a significant move.Golden prospects for 2018 - NUGT will magnify results on a rally.Nearby February gold futures on the COMEX division of the CME settled at the $12...Read More
Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More
Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More
Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More
Australian rare earths miner Lynas Corp (ASX: LYC) said Wednesday it was considering legal actions against the Malaysian government over the new conditions imposed on the company to renew its licence for a processing plant on the country's east coast.The miner, one of the world's main suppliers of rare earths outside China, said it was disappointed with the government's intention to impose new req...Read More
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Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell sharply Tuesday, losing nearly 800 points for its fourth worst day ever on worries over the U.S.-China trade deal and concerns over economic growth.Dollar General Corp. (DG) fell 6.8% after the discount retailer reduced its earnings and sales outlooks for 2018.Toll Brothers Inc. (TOL) ...Read More
Positive developments in the US-China trade dispute kept London Metal Exchange base metals prices mostly elevated at the close on Tuesday December 4, although broad strength in the dollar is capping price rallies. Climbing more than 2%, the three-month lead price was the strongest performer over the afternoon, closing above $2,000 per tonne for the first time since November 21. Meanwhile, the thre...Read More
Comex copper prices were little changed during morning trading in the US, with market participants still digesting news of a detente between the US and China.The copper price for March settlement on the Comex division of the New York Mercantile Exchange inched down 1.85 cents to $2.7910 per lb.Over the weekend at the Group of 20 Nations (G20) meeting in Argentina, US president...Read More
Base metals prices on the London Metal Exchange were mostly higher during morning trading on Tuesday December 4, lifted by a slight downturn in the US dollar index and while market sentiment remains positive after recent US-China trade talks. The three-month nickel price continues to push higher - it is up by more than 6% from last week's low of $10,720 per tonne and is more than 1% higher than la...Read More
Global ferro-vanadium prices weakened last week due to trader profit-taking amid sluggish spot market demand. Chinese export prices sink on weak buying interestEuropean ferro-vanadium prices weaken on profit-takingEurope vanadium pentoxide (V2O5) market softens slightly amid inactivityUS ferro-vanadium market experiences more thin trading Export prices for Chinese ferro-vanadium continued to trend...Read More
Market participants held back on trading low-grade manganese ore on fears of further price drops in the run-up to year end, Fastmarkets learned in the latest pricing session in the week ended Friday November 30. Low-grade ore prices slide in China High-grade ore price inches up on stock-building activity Chinese physical manganese alloy price holds in spite of futures drop India...Read More
Global ferro-vanadium prices weakened last week due to trader profit-taking amid sluggish spot market demand. Chinese export prices sink on weak buying interestEuropean ferro-vanadium prices weaken on profit-takingEurope vanadium pentoxide (V2O5) market softens slightly amid inactivityUS ferro-vanadium market experiences more thin trading Export prices for Chinese ferro-vanadium continued to trend...Read More
Market participants held back on trading low-grade manganese ore on fears of further price drops in the run-up to year end, Fastmarkets learned in the latest pricing session in the week ended Friday November 30. Low-grade ore prices slide in China High-grade ore price inches up on stock-building activity Chinese physical manganese alloy price holds in spite of futures drop India...Read More
This article has been corrected to show that the Fastmarkets MB copper concentrates index should have read $88.8 per tonne/8.88 cents per lb on Friday November 30, not $87.3/8.73 cents as previously published.Diverted tonnages have been flowing into the spot copper concentrate market following unplanned outages at major smelters, boosting treatment charges (TCs) in the final two weeks of November....Read More