A shift to a monthly European ferro-chrome benchmark or an index based on a number of regional markets are some ways the negotiated contract figure could be improved to bring more stability and keep it relevant in a sometimes volatile market, ferro-chrome participants told Metal Bulletin.The role of the quarterly European ferro-chrome benchmark is set to continue in the short term, according to so...Read More

Tharisa has acquired a 90% stake in Salene Chrome Zimbabwe Ltd for an undisclosed sum, the South African chrome producer announced on Wednesday May 16.The company acquired the holding from the Leto Settlement Trust, which has family links to Tharisa chief executive officer Phoevos Pouroulis and is the beneficial shareholder of Tharisa's major shareholder, Medway Developments Ltd. Leto will keep a...Read More

South African miner Tharisa's net profit after tax in the six months to March 31, 2018, fell by 44.3% year on year, largely due to lower chrome prices. The chrome and platinum group metals (PGM) producer reported net profit after tax of $28.4 million in its interim results released on Thursday May 16. The company's earnings before interest, taxes, depreciation and amortization...Read More

The stainless steel scrap market in the United States was stalled this week, with prices for nickel, chrome and iron all largely holding steady. "Prices have strong headwinds," according to one processor source, who also indicated that third-quarter chrome prices could collapse."I am seeing a little weakening in prices, even with nickel slightly better today," one dealer source said."Most processo...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transactions: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara Blend fines, sold...Read More

The price gap between seaborne cargoes of Brazilian Blend fines and Pilbara Blend fines widened further on Wednesday May 16 amid a mixed market.Metal Bulletin 62% Fe Iron Ore Index: $68.03 per tonne cfr Qingdao, up by $0.75 per tonne Metal Bulletin 58% Fe Premium Index: $54.56 per tonne cfr Qingdao, unchanged Metal Bulletin 65% Fe Iron Ore Index: $86.20 per tonne cfr Qingdao, down by $0.10 per ton...Read More

Participants continued to tread carefully in the seaborne coking coal spot market on Wednesday May 16. A 90,000-tonne cargo of premium mid-vol material, with a May 15-24 laycan, was transacted this week at $192 per tonne cfr China to a northern Chinese end user. "Sellers and end users are still in a deadlock and it seems $190 per tonne cfr China could be...Read More

China's ferrous futures fluctuated during morning trading on Wednesday May 16, before experiencing a spike in the last ten minutes before the end of the session.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,689 yuan ($580) per tonne, up 14 yuan per tonne October hot-rolled coil: 3,834 yuan per tonne, up 41 yuan per tonne Dalian Commodity Exchange September iro...Read More

The lower revenues from reduced London Metal Exchange trading fees - seen when HKEX, the exchange's owner, published its first-quarter results last week - is unsurprising and should not be a cause for mutterings at the current LME Asia Week gathering in Hong Kong. First-quarter revenue from HKEX' commodities business was down 7% from a year earlier - despite a 20% year-on-year jump in average dail...Read More

The arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday May 16*Copper -$84.52 (-539.56 yuan) Aluminium -$552.40 (-3,526.52 yuan) Zinc -$25.53 (-162.96 yuan) Nickel -$522.59 (-3,336.19 yuan) *Metal Bulletin calculates the physical arbitrage for import into...Read More

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

Most of the base metals prices on the London Metal Exchange were little changed on the morning of Wednesday May 16, the exceptions were zinc (+0.6%) and tin (-0.5%). Copper was up by 0.1% at $6,818 per tonne.Volume on the LME has been below average, with 3,245 lots traded as at 06.27 am London time. This follows a day of two halves on Tuesday where prices came under pressure as the morning progres...Read More

The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday May 16:Aluminium scrap Group 1 pure 99% & litho: ?1,420-1,460 per tonne from ?1,400-1,440 Commercial...Read More

Keith Weiner, CEO & Founder of Monetary Metals, explains how investors can earn between 4.5% and 5.75% annual returns on their gold holdings with relatively low risk.Read More

Darin Wagner, President, CEO and Director of Balmoral Resources, talks about the company's high grade gold discovery in Quebec and plans going forward.Read More

Jay introduces the guests and sponsor and gives updates on the markets from Michael Oliver and Chen Lin gives information on some of his top picks.Read More

Music video by Tommy Lee Sparta performing Dead Bwoy Jahmiel. 2018 Kingston Elitehttp://vevo.ly/UsKWHcRead More

Segundo debate entre los siete candidatos a la Jefatura de Gobierno de la Ciudad de M?(C)xico, en el que se abordan los temas econom?-a y desarrollo social.16 mayo de 2018 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twi...Read More

Un sismo leve, de magnitud 5.3 preeliminar, activ?? hace unos minutos la alerta s?-smica, aunque el movimiento fue casi imperceptible al menos en la Ciudad de M?(C)xico. 16 mayo de 2018Te invitamos a ver el siguiente video: Homenaje a maestras fallecidas en el colegio R?(C)bsamen por el sismo del 19Shttps://youtu.be/QMk5BY56d38COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n en...Read More

Skeena Resources president and chief executive officer Walter Coles, Jr. gives an investor presentation at the Canadian Mining Symposium in London on April 24, 2018.Read More