U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. The British Pound moved slightly lower after the Bank of England maintained its overnight lending rate at 0.5%.Index futures moved slightly higher following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was 220,000 versus 211,000 last week. Actual was 211,00...Read More

RAPAPORT... Industry leaders have canceled next month's World Diamond Congress in TelAviv, citing low registration and the likely impact ofgeopolitical tensions in the region. The World Federation of Diamond Bourses (WFDB) and theInternational Diamond Manufacturers Association (IDMA) meet at the congressevery other year to discuss industry issues. This year's event was due to takeplace i...Read More

Justifiably, Idaho's neighbouring states hog the spotlight when it comes to exploration and mining investment.But Barrick Gold's move on Midas Gold to secure a big say in development of one of the biggest emerging mines in the US (based on the circa-300,000ozpa projected run rate) signals the gold major is happy to look outside Nevada for its next significant ‘safe jurisdiction' project...Read More

SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More

SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More

SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More

Few gold exploration hot spots are going to be hotter this northern summer than key districts in Ontario, Nunavut and British Columbia, with the Golden Triangle in BC a standout in terms of gold and copper discovery potential. After a successful 2017 exploration program, GT Gold Corp is well-funded for follow-up drilling of exciting near-surface vein system, and deeper intrusive, targets. In the f...Read More

SHANGHAI, May 10 (SMM) – Spot copper was mostly offered at a premium of 10-100 yuan/mt over the SHFE 1805 contract on Thursday May 10 in the Shanghai market. This compared with a premium of 20-100 yuan/mt on the previous day. Transactions of high-quality copper cooled from the previous days, with cargoes mostly offered at a premium of 80 yuan/mt, SMM learned. Trading of standard-quality...Read More

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMay 10, 2018, Calgary, ALB - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce additional assay results from the ongoing sampling program on its Manto Negro Copper Project in Coahuila State, Mexico. Mapping and sampling at the p...Read More

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More

SHANGHAI, May 10 (SMM) – Traders continued to lower offers in China’s spot zinc market on Thursday May 10 as supply of imported zinc increased, SMM learned.Trading liquidity picked up slightly as the SHFE zinc 1806 contract fell and closed at 23,855 yuan/mt at mid-day. But most downstream buyers still took a watch-and-wait stance.In Shanghai, #0 zinc mostly traded at 23,920-24,000 yuan...Read More

SHANGHAI, May 10 (SMM) –Copper: LME copper rebounded to a high of $6,810/mt from a low of $6,766/mt during the European trading session overnight. The SHFE 1807 contract traded rangebound overnight. Its trading level nudged up and hit the five-day moving average. We expect LME copper to trade at $6,800-6,850/mt today with SHFE 1807 contract at 50,900-51,300 yuan/mt. Spot premiums are seen to...Read More

SHANGHAI, May 10 (SMM) –Copper: LME copper rebounded to a high of $6,810/mt from a low of $6,766/mt during the European trading session overnight. The SHFE 1807 contract traded rangebound overnight. Its trading level nudged up and hit the five-day moving average. We expect LME copper to trade at $6,800-6,850/mt today with SHFE 1807 contract at 50,900-51,300 yuan/mt. Spot premiums are seen to...Read More

SHANGHAI, May 10 (SMM) –Copper: LME copper rebounded to a high of $6,810/mt from a low of $6,766/mt during the European trading session overnight. The SHFE 1807 contract traded rangebound overnight. Its trading level nudged up and hit the five-day moving average. We expect LME copper to trade at $6,800-6,850/mt today with SHFE 1807 contract at 50,900-51,300 yuan/mt. Spot premiums are seen to...Read More

CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) -- Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V:CUU) (OTC:CPFXF) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.“We are pleased to announce that we have selected Renmark to reinforce Copper Fox Metals Inc.'...Read More

Morgan Bazilian, executive director of the Payne Institute for Earth Resources and research professor of public policy at Colorado School of Mines, was recently quoted in an article in the Edmonton Journal about oil and gas company investments in renewable energy.From the article:"We've already seen huge billion-dollar plays by some of the oil majors to get into renewables - Shell has done that,...Read More

A Colorado School of Mines professor has been awarded $1.5 million in funding from the U.S. Department of Energy for advanced technology solutions for unconventional oil and gas development. Carolyn Koh, William K. Coors Distinguished Chair of Chemical and Biological Engineering and director of the Center for Hydrate Research, is the lead investigator on the three-year project, one of six nationw...Read More

The price of imported steel billet and local rebar prices have been mostly unchanged in Egypt this week, sources told Metal Bulletin on Thursday May 10.The country's rebar biggest producer, Ezz Steel, is still offering material at E ?12,528 ($705) per tonne ex-works, including 14% VAT, while Beshay Steel, also a major domestic producer, is offering rebar at E ?12,525 per tonne ex-works including 1...Read More