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Zinc: Bulls still in charge, for now

February 20, 2018 / www.metalbulletinresearch.com

Zinc prices extended to fresh 10-year...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More

Base metals investment analysis: Funds continue to reduce exposure in copper

February 20, 2018 / www.metalbulletinresearch.com

ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More

Demand Indicators: February 20 2018

February 20, 2018 / www.metalbulletinresearch.com

Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More

Metals mixed as traders adjust to high prices and thin conditions

February 20, 2018 / www.metalbulletinresearch.com

The metals prices on the London Metal Exchange are mixed this morning, Tuesday February 20, with aluminium and tin prices firmer by 0.2% and 0.7% respectively, while the rest are lower by an average of 0.7%. Copper prices are down 0.6% at $7,094 per tonne. Needless to say, with China still on holiday volumes have been light with 1,625 lots traded as of 06:57 am London time. This follows a mixed pe...Read More

Mines, Lockheed Martin team up for Engineers Week event

February 20, 2018 / www.minesnewsroom.com

In honor of National Engineers Week, Colorado School of Mines and Lockheed Martin teamed up Feb. 16 for a fun day of activities and industry mentorship to encourage female and minority students underrepresented in the STEM fields to pursue careers in engineering. Forty Front Range high school students spent the morning getting a behind-the-scenes look at the cutting-edge research occurring at...Read More

Brixton Metals Drills 1% Cobalt, 0.95% Copper, 0.72% Nickel, 11.1 g/t Silver over 0.8 metres at its Hudson Bay Project in the Cobalt Camp, Ontario

February 20, 2018 / brixtonmetals.com

February 20, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce initial drill results from its wholly owned Hudson Bay Project located in the Cobalt Camp, Ontario.Highlights from the first three holes drilledDrill hole HB18-01 intersected 1.00% Co, 11.10 g/t Ag, 0.95% Cu and 0.72% Ni or 1.25% CoEq over 0.80 metres from 52.20m depthDrill hole HB18-03 i...Read More

Price of Gold This Week Is Rallying; Here's How High It Will Go

February 20, 2018 / moneymorning.com

Peter KrauthThe price of gold this week is trending upward after a volatile stock market correction in early February. While tumbling stocks temporarily weakened gold prices, the yellow metal is rallying again…In fact, gold has regained everything it's lost over the course of February. Last Friday (Feb. 16), gold prices touched $1,361 on an intraday basis, up from a low of $1,311 a few days...Read More

BHP takes top spot in brand value ranking

February 20, 2018 / www.mining.com

Brand Finance, a business valuation consultancy based in the UK, released its annual ranking of the most valuable mining, iron, and steel brands which highlighted the rebranding efforts of Australian mining company BHP. Its brand value increased by 29% to a hefty $5.1 billion in 2018. Other companies did not fare as well - Glencore, Vale, and Thyssenkrup took a significant hit to its brand value t...Read More

Barrick exec. to chair Global Mining Standards and Guidelines Group

February 20, 2018 / www.mining.com

Barrick Gold's Chief Innovation Officer, Michelle Ash, has been appointed as the new chair of the Global Mining Standards and Guidelines Group (GMSG), an industry body that seeks to improve communication, facilitate collaboration and foster a more sustainable and efficient future of mining.Ash, who for the past two years served on the GMSG Leadership Council, will assume the new post in May thi...Read More

NovaGold up on better-than-expected drilling results for Alaska mega-project

February 20, 2018 / www.mining.com

Shares in NovaGold Resources (TSX: NG) got a boost Tuesday morning after the miner said that 2017 drilling results for its flagship Donlin project in Alaska, which is being developed in a 50-50 partnership with Barrick Gold (TSX, NYSE:ABX), unveiled higher gold grades than predicted by previous modeling.After completing a total of 16 core holes, the Canadian miner said it Intercepted distinct sig...Read More

Toyota to make cheaper electric motors by halving use of rare earths

February 20, 2018 / www.mining.com

Toyota Motor Corp, Asia's No.1 carmaker, has found a way to make electric vehicles (EVs) more affordable and less vulnerable to shortages in supply of the key elements needed to produce the rechargeable batteries that power them.The key for such new wave of EVs is a magnet for electric motors developed by the Japanese firm, which halves the use of a rare earth called neodymium and eliminates the u...Read More

Kal Tire talks retreading

February 20, 2018 / www.mining.com

When off-the-road tires (aka OTR) get damaged by rocks, nails, pipes or by something else at a mining site in Canada, they then have to travel hundreds of miles to be repaired either from a non-structural to a structural point of view, depending on the injury.MINING.com toured Kal Tire's Retread facility in Kamloops, British Columbia. Founded 40 years in the B.C. interior, Kal Tire is a major supp...Read More

GLOBAL CHROME WRAP: Charge chrome prices edge up while rest of Chinese market holds steady

February 20, 2018 / www.metalbulletin.com

Charge chrome import prices in China moved higher, South African producers raised their offers following the appreciation of the rand and prices weakened both in Europe and the United States. Charge chrome import prices edge higherOre and domestic alloy prices unchanged in ChinaPrices increase in Japan, hold in South KoreaAlloy prices dip in Europe and US Charge chrome prices edged up in China on...Read More

Osisko Gold Royalties shares sink on Q4 impairment news despite record revenues

February 20, 2018 / resourceworld.com

Goldcorp's ??l?(C)onore gold mine in Quebec in which Osisko Gold Royalties has a royalty. Source: Goldcorp Inc.The fourth quarter loss attributable to Osisko shareholders of $64.3 million or $0.41 per share reflects an impairment charge of $89 million on a royalty interest in the ??l?(C)onore gold mine, located in the James Bay region of Quebec.By comparison, Osisko posted a net profit of $8.7 mil...Read More

US Section 232 could put pressure on prices for scrap and Turkish steel

February 20, 2018 / www.metalbulletin.com

The Section 232 report announced by the US Commerce Secretary Wilbur Ross is expected to hit prices in Turkish steel and scrap markets if approved, according to market participants.US Commerce Secretary Wilbur Ross said President Donald Trump and his administration are considering massive across-the-board tariffs and restrictive quotas following the department's Section 232 investigation into stee...Read More

Arizona Mining intersects 86 feet of 28.6% combined zinc-lead at Hermosa

February 20, 2018 / resourceworld.com

Construction activities at Arizona Mining's Hermosa Project in Arizona for the lined tailings facility and water treatment plant. Source: Arizona Mining Inc.Arizona Chief Operating Officer Don Taylor made the comment after the company announced Tuesday February 20 that it has intersected 86 feet assaying 28.6% combined zinc-lead and 3.7 oz/ton silver in an 850-foot step-out hole (HDS-501).The resu...Read More

Cypress Confirms Leach Results for Clayton Valley Lithium Project in Nevada

February 20, 2018 / resourceworld.com

Click to EnlargeAs previously reported (January 9, 2018 press release), lithium extractions of 74% were obtained for both oxidized and reduced claystone samples from drill core from hole DCH-05, leached in a solution of 5% sulfuric acid heated to 80 ?C. Subsequent tests reported today show lithium extractions of 67% for the oxidized claystone and 80% for the reduced claystone sample, leached under...Read More

DAILY SCRAP REPORT: Turkish mills slow down deep-sea purchases

February 20, 2018 / www.metalbulletin.com

The steel mills in Turkey continued their deep-sea scrap purchases on Tuesday February 20 but at a slow pace, Metal Bulletin was told.A steel producer in the Iskenderun region booked a Baltic Sea cargo, comprising 17,000 tonnes of HMS 1&2 (80:20) and 5,000 tonnes of rail at an average price of $355 per tonne cfr.The cargo was scheduled to be shipped by the second half of March, sources said.As a r...Read More

LIVE FUTURES REPORT 20/02: Comex copper price tumbles after extended weekend

February 20, 2018 / www.metalbulletin.com

Comex copper prices failed to hold onto previous gains on Tuesday February 20 following the Presidents Day public holiday, with the dollar pressuring metals lower. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 6.40 cents or 2% to $3.1845 per lb. On Friday, the contract touched...Read More

Michael Pento - Profound Chaos Coming

February 20, 2018 / marketsanity.com

"The chaos coming to markets is here. It's not going away, and it's not going to be brushed under the rug. It's not going to stay on the sidelines for another few years. The years from 2007 to 2017 were the years central banks were buying everything. There was no volatility, and stocks just went up. Those days have ended, and the volatility is only going to become much more profound."Michael Pento...Read More

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