Recent News

Exclusive: China's base metals output in Apr

May 09, 2018 / news.metal.com

SHANGHAI, May 9 (SMM) – This is a roundup of China's base metals output in April. SMM surveyed major producers in the market to obtain information for calculation.Copper: China's refined copper output came in at 737,800 mt in April, up 3.4% month on month and up 14.2% year on year, an SMM survey showed. Output in the first four months of this year stood at 2.86 million mt, up 11...Read More

SMM Morning Comments (May 9)

May 09, 2018 / news.metal.com

SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More

Nickel: NPI production forecast raised

May 09, 2018 / www.metalbulletinresearch.com

Consolidation continues After April’s volatility, nickel prices...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.Plu...Read More

SMM Morning Comments (May 9)

May 09, 2018 / news.metal.com

SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More

SMM Morning Comments (May 9)

May 09, 2018 / news.metal.com

SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More

ATAC Resources Ltd. announces $3 Million Private Placement

May 09, 2018 / www.atacresources.com

May 9, 2018 - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC” or the “Company”) announces a non-brokered private placement offering (the “Offering”) of up to $3,000,000, to consist of the sale of up to 5,000,000 flow-through shares at a price of $0.60 per share. The Offering is subject to TSX Venture Exchange acceptance. “This flow-through financing will allow ATA...Read More

Tata Steel Europe set for sale of five non-core businesses

May 09, 2018 / www.metalbulletin.com

Tata Steel Europe has begun to seek potential buyers for its non-core business units so as to strengthen its forecast for the steel strip business, the company said on Tuesday May 8.The sale process will include five business units.The first is Cogent, a manufacturer and processor of electrical steels. It has three assets, at Newport in South Wales in the UK, at Burlington in Ontario in Canada, an...Read More

Brixton Metals Drills 1.98% Cobalt, 15,436.00 g/t Silver over 1.00m within7.87m of 2,787.26 g/t Silver, 0.27% Cobalt and Intersected 70.65m of Nickel-Cobalt-Silver in Archean Basement

May 09, 2018 / brixtonmetals.com

May 9, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Highlights from six drill holes at the Langis ProjectDrill hole LM18-16 intersected 7.87m of 2,787.26 g/t silver, 0.27% cobalt including 1.00m of 15,436.00 g/t silver, 1.98% cobalt, 0.47% nickel...Read More

Cornerstone Design students propose infrastructure solutions

May 09, 2018 / www.minesnewsroom.com

An asphalt mix designed to better weather freeze-thaw cycles took first place in the Spring 2018 Cornerstone Design Final Competition on May 2. A total of 24 student teams from Intro to Design (EPIC 151) exhibited their infrastructure solutions at the final competition, representing the top team from each class section. Mines Infrastructure Design's asphalt mix won first place and $1,000 in t...Read More

Tin: Expect prices to slip

May 09, 2018 / www.metalbulletinresearch.com

Modest rise in tin Last week,...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...Read More

Shorey discusses volcanic activity in Hawaii with Fox31 Denver

May 09, 2018 / www.minesnewsroom.com

Christian Shorey, teaching professor of geology and geological engineering at Colorado School of Mines, visited Hawaii's Kilauea volcano last summer and discussed the recent eruption that has already destroyed at least 35 structures with KDVR Fox31 Denver."It goes through cycles. Deflation, inflation it expands and then deflates. It has this dissolved gas in it and as it comes out that gas wants t...Read More

Zinc: Price forecast lowered

May 09, 2018 / www.metalbulletinresearch.com

Dollar strength weighs on prices Zinc...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

Katanga gains breathing space

May 09, 2018 / www.mining-journal.com

The state-owned La Générale des Carrières et des Mines (Gécamines) is pushing to dissolve Katanga's 75%-owned DRC operating subsidiary Kamoto Copper Company (KCC), for failing to address its previously disclosed capital shortfall.Read More

EC starts expiry review of anti-dumping tariffs on tube and pipe cast fittings from China, Thailand

May 09, 2018 / www.metalbulletin.com

The European Commission (EC) has started an expiry review into anti-dumping duties on threaded tube or pipe cast fittings, made of malleable cast iron, originating in China and Thailand, the EC said on Wednesday May 8.The review was initiated after four EU producers - Berg Montana Fittings, Georg Fischer Fittings, Odlewnia Z?(C)liwa and Livarna Titan - lodged a request to the EC on February 13 thi...Read More

Protonic ceramic fuel cells are highly durable, fuel flexible

May 09, 2018 / www.minesnewsroom.com

Protonic ceramic fuel cells could one day be used to power off-the-grid cabins in remote locations, backup generators during natural disasters and more. In the first long-term study of its kind, researchers from Colorado School of Mines have shown that the relatively new class of fuel cells exhibit both the long-term durability and fuel flexibility needed to become a viable commercial alternati...Read More

Base metals investment analysis: Bulls and bears both have room to expand copper position

May 09, 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

Sandvik sets out universal connection path

May 09, 2018 / www.mining-journal.com

The Swedish-headquartered company says its policy outlines principles by which its machine control and information systems can communicate within an ecosystem. They cover data accessibility, fleet data compatibility, data rights and control and data privacy.SMRT president, rock drills and technologies, Patrick Murphy said mining customers were looking to digital technologies to help optimise proce...Read More

Demand Indicators: May 9 2018

May 09, 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 nervous due to stronger dollar; rising yields start to rattle EM currencies

May 09, 2018 / www.metalbulletinresearch.com

Base metals prices on the London Metal Exchange were mixed on the morning of Wednesday May 9, with all the metals, except tin (+0.2%) and lead (+0.3%), down by an average of 0.3%. Copper prices were off 0.4% at $6,785 per tonne. Volume on the LME has been below average, with 5,734 lots traded as at 07.37 am London time. This follows on from what turned out to be a generally negative day on Tuesday...Read More

EUROPE HDG: Domestic prices stable in the north, slide in south

May 09, 2018 / www.metalbulletin.com

Domestic prices for hot-dipped galvanized coil (HDG) have gone unchanged in Northern Europe this week, but they have fallen in the South of the region, sources told Metal Bulletin on Wednesday May 9.Demand for the material in Southern Europe has been slow, with buyers remaining in "wait-and-see" mode because they have sufficient stocks, according to market participants. As a result, domestic price...Read More

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