The Chinese domestic ferro-silicon market increased on expected tighter supply, with producers encountering environmental checks that could cut production in coming weeks, while the European market has been stable in June, ahead of the third-quarter delivery settlements conclusion between alloy suppliers and consumers in the steel sector. China adds to price gains on supply worries  Could bec...Read More

The market sentiment toward the precious metals is quite negative. Additionally, gold and silver are fighting both the ongoing official price-management, which seems to have intensified over the last 12 months, and the rising dollar. The rise in the dollar is technical in nature - certainly it's not based on U.S. systemic fundamentals. The current financial and economic environment, both here an...Read More

Weak consumer demand continued to push antimony prices down in both the European and Chinese markets last week.Prices for antimony with bismuth content below 100ppm or trioxide-grade in-warehouse Rotterdam edged down to $8,200-8,450 per tonne on Friday June 11 from the mid-week assessment of $8,200-8,500 per tonne, when prices had kept stable with the May 25 assessment.The MMTA standard grade II a...Read More

Physical cobalt prices fell again on Friday June 8, faced with cheaper metal supplies, seasonally weaker spot demand and poor sentiment, market sources told Metal Bulletin. High-grade and low-grade cobalt prices were assessed at $41.65-42.95 per lb, in-warehouse, on Friday June 8, down 0.5% from the previous assessment of $42-43 per lb. Metal has become more cheaply and readily available, as...Read More

Long steel demand in European Union markets is likely to remain relatively weak through June amid relatively high stock levels at distributors and uncertainty around Europe's import safeguard investigation, market sources told Metal Bulletin.The European Commission (EC) is expected to impose preliminary safeguard measures on steel imports in early July and, following World Trade Organization rules...Read More

Turkish steel producers were silent in the deep-sea scrap markets at the beginning of this week after booking almost 250,000 tonnes of material last week, sources said on Monday June 11.The mills in the country had been in the market for July deliveries and booked seven deep-sea cargoes in the week ended June 8.But the prices have now started to pick up again because of the stronger Turkish demand...Read More

Vale's Voisey's Bay nickel-copper-cobalt mine in Newfoundland and Labrador. Source: Vale SA.Brazilian mining giant Vale SA [VALE-NYSE] is moving to capitalize on a buoyant nickel price by proceeding with development of an underground mine at its Voisey's Bay operation, Newfoundland and Labrador, Premier Dwight Ball said Monday June 11.Construction of the underground mine will proceed this summer,...Read More

The latest metal markets news and price moves to start the North American day on Monday June 11.Base metals on the London Metal Exchange were mostly lower during morning trading on Monday June 11, with copper and nickel prices decreasing while lead was the only metal to trade higher.Here's how...Read More

Comex copper experienced a bout of profit-taking to open the new week on Monday June 11 morning in the US, following last week's surge.Copper for July settlement on the Comex division of the New York Mercantile Exchange fell 3.70 cents or 1.1% to $3.2630 per lb. Despite the downturn this morning market participants remain optimistic, with the global economy showing solid...Read More

Ignition of the detonating cord for the first blast marked the start of development of the twin declines to access the ultra-high-grade Kakula copper discovery on the Tier One Kamoa-Kakula Copper Project in the Democratic Republic of Congo. Source Ivanhoe Mines Ltd.Ivanhoe Mines Ltd. [IVN-TSX; IVPAF-OTC] said Monday June 11 that it has signed a long-term strategic co-operation and investment agree...Read More

Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Monday June 11, with lead, zinc and aluminium prices moving higher, while the rest weakened.Lead outperformed this morning with a 1% gain to $2,492 per tonne, with zinc and aluminium registering increases of 0.3% and 0.2% respectively. Tin led on the downside with a decline of 0.5%, while copper...Read More

Physical cobalt prices fell again on Friday June 8, faced with cheaper metal supplies, seasonally weaker spot demand and poor sentiment, market sources told Metal Bulletin. High-grade and low-grade cobalt prices were assessed at $41.65-42.95 per lb, in-warehouse, on Friday June 8, down 0.5% from the previous assessment of $42-43 per lb. Metal has become more cheaply and readily available, as...Read More

Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (16,263.29, up 60.60 points)Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 0.82 per cent, to $4.92 on 7.5 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 38 cents, or 4.09 per cent, to $8.92 on 6.6 million shares.Baytex Energy Corp. (TSX:BTE). Oil and...Read More

ST. JOHN'S, N.L. - Brazilian mining company Vale says it will proceed with construction of an underground mine at Voisey's Bay, N.L., extending operations by at least 15 years and creating 1,700 jobs.Construction is to begin this summer and take about five years."A great day for Newfoundland and Labrador and a great day for Vale," Newfoundland and Labrador Premier Dwight Ball said in St. John's.A...Read More

VANCOUVER - A Chinese company has signed a deal to acquire a 19.9 per cent stake in Ivanhoe Mines Ltd. for $723 million that the miner plans to use to fund the development of its projects in southern Africa.CITIC Metal Co. Ltd., a wholly owned subsidiary of Chinese state-run conglomerate CITIC Ltd., has agreed to acquire 196.6 million shares at a price of $3.68 per share.Under the deal, CITIC Meta...Read More

Gran Colombia Gold Corp. (TSX: GCM) is currently the largest underground gold and silver producer in Colombia with several underground mines in operation at its Segovia and Marmato properties. We learned from Mike Davies, who is the CFO of Gran Colombia that their focus is 100% in Colombia with the flagship Segovia project, delivering 86-90% of the company's production. We learned from Mr. Davies...Read More

Due to a technical error, Metal Bulletin's monthly price assessment for domestic cold-rolled coil (CRC) in Brazil was published incorrectly on June 8, 2018.Metal Bulletin has now corrected its monthly Brazil CRC assessment.The price was published at 2,800-2,900 Reais ($754.93-781.89) per tonne ex-works, and has subsequently been corrected to 2,900-3,000 Reais per tonne ex-works.Metal Bulletin's pr...Read More

June 11, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold discusses the status of this company's mineral resource.I've been fairly quiet on the Novo Resources Corp. (NVO:TSX.V; NSRPF:OTCQX) front for months in anticipation of assay results that will better define the project. I believe that I have pretty much understood the potential for gold in the Pilbara since Quinton Hennigh, Mark Cr...Read More

Burlington, Ontario - June 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has closed the sale of two of its non-core Ontario cobalt assets to International Cobalt Resources Limited ("ICR"), an Australian private company. Management of ICR has advised CBLT that it intends to immediately take the necessary steps to list its shares on the Australia...Read More

Toronto, Ontario - June 11, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia") is pleased to announce that a field exploration crew has mobilized to the Alces Lake property (the "Property"), northern Saskatchewan, for the summer 2018 exploration program (the "Program"). The P...Read More