Import prices for rebar in Singapore were stable in the past week on thin demand from end-users unwilling to accept offers for China-origin position and mill cargoes....Read More

Import prices for re-rolling-grade hot-rolled coil sold into Vietnam were stable over the past week amid limited trading activity.Metal Bulletin's assessment of HRC import prices in Southeast Asia - which mainly looks at Chinese 2-3mm SAE1006 HRC and equivalent grades sold into Vietnam - was $590-605 per tonne cfr for the week ended Monday April 30, stable from a week earlier.Market sentiment was...Read More

First-quarter production of tungsten concentrates at Wolf Minerals' Drakelands mine in the United Kingdom fell 20% from the previous quarter due to extreme weather in March, the company said on Monday April 30. Wolf Minerals' processing plant produced 34,602 metric tonne units (mtu) of tungsten concentrates in the quarter ended March 31, 2018. "The operating performance for the quarter continued t...Read More

The Chinese ferro-silicon market has rebounded in the week to Friday April 27, ending a steady run of losses since early March, because of supply worries and renewed buying from traders; prices in Europe and the US have gone the other way, however, due to slack demand for alloy on a prompt basis. China pares losses, eyes more gains as China futures jumps Europe, US suppliers cut offer prices...Read More

World silico-manganese supplies rose by 41.9% year on year in March to 1.37 million tonnes due to soaring Chinese production feeding strong demand from domestic steel mills, according to the International Manganese Institute (IMnI). In the first quarter of 2018, world supply of the alloy rose 36.9% year on year.In March alone, output was up 8.9% compared with February. The institute said global de...Read More

World manganese ore supply grew by 5% year on year in March to 1.58 million tonnes of manganese units, according to the latest figures from the International Manganese Institute (IMnI).For the first quarter of 2018, all regions except the Americas recorded higher production, leading to a 15.3% year-on-year increase in global production for the first three months of the year. In March alone, global...Read More

Turkish steel producers booked more deep-sea scrap for May at the end of last week, and prices continued to inch upward in trades on Monday April 30.A steel producer in the Iskenderun region booked a Baltic Sea cargo, comprising 30,000 tonnes of HMS 1&2 (80:20) at $352 per tonne and 5,000 tonnes of bonus at $362 per tonne cfr.Another steel mill in the same region booked a Canadian cargo, comprisin...Read More

Turkish domestic auto bundle scrap prices have gone up in line with imported scrap prices while ship scrap prices have remained stable over the past week, sources said on Monday April 30.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) in Turkey was TRY1,370-1,500 ($339-372) per tonne delivered, narrowing upward from last week's TRY1,270-1,500 per tonne.This...Read More

The seaborne coking coal spot market was quiet on Monday April 30 with China, Japan and parts of India away on holiday. "Last week's transactions were driven by traders. However, both premium hard coking coal and pulverized coal injection cargoes remain in ample supply," an ex-Chinese end user source said. "The shut-down of a 1.5mtpy capacity cokery in Tangshan last week and the raise of 50 y...Read More

The seaborne iron ore concentrate market saw higher premiums and increased enquiries last week.The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was at $89.57 per tonne cfr China on Friday April 27, up $1.69 per tonne - or 1.90% - from a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $84.88 per tonne cfr China over the week, up $1.22 per tonne - or 1.5% - from the...Read More

Base metal prices on the London Metal Exchange were broadly up during Asian morning trading on Monday April 30, following the release of positive Chinese economic data and an easing in geopolitical tensions.The LME three-month copper price stood at $6,811.50 per tonne as at 10.19am Shanghai time, up by $14.50 per tonne from last Friday's closing price. A total of 138 lots of the contract have been...Read More

Chinese silicon export prices bounced back up on Friday April 27 on rising domestic quotations, while European assessments were unchanged week on week. Metal Bulletin's Chinese grade 553 silicon metal export price moved up to $1,900-1,950 per tonne on Friday, up from $1,880-1,950 per tonne a week earlier. Domestic quotations from Chinese silicon refineries rose about 100-200 yuan ($15.79-31)...Read More

Israeli businessman and Democratic Republic of the Congo (DRC) mining magnate Dan Gertler is suing former partner Glencore for just shy of $3 billion in unpaid royalties, Glencore said late on Friday April 27.Gertler's Ventora Development Sasu alleges Glencore DRC subsidiaries Mutanda Mining and Kamoto Copper Co (KCC) owe approximately $695 million and $2.28 billion respectively in royalties that...Read More

Spanish stainless steel producer Acerinox reported a 39% year-on-year decrease in earnings in the first quarter of 2018 in a financial statement published on Friday April 27.Earnings before, interest, taxes, depreciation and amortization (Ebitda) dropped to ?,?118 million ($143.01 million) in January-March. This was "lower than in the same period of the previous year, when [Ebitda] was boosted by...Read More

A diamond mine in Botswana, owned by now extinct Australian miner Kimberley Diamonds, is going up for sale at an online auction to be held Monday, as its liquidators failed to secure viable offers.The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it finally was placed under judicial management in May last year, leaving 130 people out of work and millions in unpa...Read More

Barrick Gold (TSX, NYSE:ABX) and NovaGold Resources' (TSX, NYSE-MKT: NG) proposed gold mine in Alaska has received a long-waited final environmental clearance, granted by the U.S. Army Corps of Engineers, the Canadian miners said Monday.The Dolin project, one of the world's largest, highest grade, known gold deposits, is expected to require a $6.7 billion investment from the two owners, which ar...Read More

Shares in Australia's Galaxy Resources (ASX:GXY) jumped Monday after it confirmed it had hired JPMorgan to evaluate "strategic options" for its Argentina-based Sal de Vida lithium and potash project.Move comes at a time when both battery and car companies, especially from China, are moving aggressively to secure steady lithium supply.The announcement followed a report in The Australian newspa...Read More

Taiga - a pussy cat rather than tigerGuest's website:https://secure.kaiserresearch.comProduced by https://www.HoweStreet.comDon't miss out - Stay Informed!Receive the HoweStreet.com Weekly Recap with thought provoking podcasts, radio and articles delivered to your inbox.Sign up for the HoweStreet.com Weekly Recap on the homepage at https://www.HoweStreet.comRead More

Iconic mining entrepreneur Ross Beaty, chairman of Pan American Silver and Equinox Gold, discusses the difficulty in valuing a mine in a fireside chat with CopperBank Resources executive chairman and CEO Gianni Kovacevic at the Canadian Mining Symposium in London on April 25, 2018. To listen to the full interview in high-quality sound, visit The Northern Miner Podcast: http://www.northernminer.com...Read More

Iconic mining entrepreneur Ross Beaty, chairman of Pan American Silver and Equinox Gold, criticizes the burning of fossil fuels in a fireside chat with CopperBank Resources executive chairman and CEO Gianni Kovacevic at the Canadian Mining Symposium in London, April 24-25, 2018. To listen to the full interview in high-quality sound, visit The Northern Miner Podcast: http://www.northernminer.com/ne...Read More