SHANGHAI, Jan 15 (SMM)? 1/4 ? Nonferrous metals futures on the SHFE saw mixed trading on Monday with copper closing with 0.57% rise and nickel up 0.42%. While zinc and aluminium edged up slightly, lead dropped 0.49% and tin slipped 0.3%.The ferrous complex was weaker as iron ore and coking coal dropped around 2% and coke dropped 1.5%. Both hot-rolled coil and rebar were also down slightly.Copper:...Read More

SHANGHAI, Jan 15 (SMM)? 1/4 ? Nonferrous metals futures on the SHFE saw mixed trading on Monday with copper closing with 0.57% rise and nickel up 0.42%. While zinc and aluminium edged up slightly, lead dropped 0.49% and tin slipped 0.3%.The ferrous complex was weaker as iron ore and coking coal dropped around 2% and coke dropped 1.5%. Both hot-rolled coil and rebar were also down slightly.Copper:...Read More

SHANGHAI, Jan 15 (SMM)? 1/4 ? Nonferrous metals futures on the SHFE saw mixed trading on Monday with copper closing with 0.57% rise and nickel up 0.42%. While zinc and aluminium edged up slightly, lead dropped 0.49% and tin slipped 0.3%.The ferrous complex was weaker as iron ore and coking coal dropped around 2% and coke dropped 1.5%. Both hot-rolled coil and rebar were also down slightly.Copper:...Read More

Although U.S. equity markets are closed today, index futures in electronic trading are higher. S&P 500 futures are up 4 points in pre-opening trade. Strength in index futures is related to continuing weakness in the U.S. Dollar and related strength in other major currencies. Weakness in the U.S. Dollar Index also has triggered strength in commodity prices. Gold is up $6.90 to $1,341.80 per oun...Read More

SHANGHAI, Jan 15 (SMM)? 1/4 ? The operating rates of Chinese galvanizing companies in January is likely to be some 20% lower than levels seen in December, SMM learned.This is partly because snow storms in the north have affected the operations of downstream consumers while demand also turns weaker ahead of the Chinese New Year holiday in mid-February.In fact, some galvanizing plants in north China...Read More

Published on: Jan 15, 2018 | by finfeedAustralian Mines (ASX:AUZ), a Perth-based junior gold explorer, announced it has received a crucial element in the company's polymetallic processing strategy spread across several projects in Australia.The project-critical autoclave component is a significant step for AUZ as it builds up momentum and factors the demonstration-size processing plant into its ex...Read More

Base metals prices on the London Metal Exchange are stronger across the board this morning, Monday January 15, with the complex up by an average of 1.2%. Copper ($7,248 per tonne) and nickel ($12,905 per tonne) lead the advance with rises of 1.9%, while tin lags behind with a 0.1% gain to $20,300 per tonne. Volume has been high with 13,854 lots traded, with 6,586 lots of that being copper. The pre...Read More

Base metals prices on the London Metal Exchange continued their strong performance during Monday January 15 and closed in positive territory across the board. Prices were supported by a weakening dollar which fell to its lowest in nearly three years; copper was one of the best performers closing over $100 higher than Friday. "The supportive macro backdrop (weak dollar, positive macro data) should...Read More

Base metal prices on the London Metal Exchange were all higher during morning trading on Monday January 15, reflecting a further weakening in the dollar.Zinc's continues to set fresh multi-year highs - it peaked at $3,440 per tonne this morning, its highest since August 2007.Available LME zinc stocks continue to fall - a further 10,000 tonnes of metal were cancelled in New Orleans this morning, wh...Read More

Trading activity in the seaborne coking coal market was muted on Monday January 15, though offers on an online trading platform have retreated. Cargoes of premium hard coking coal with a February laycan were offered at around $250 per tonne and $260 per tonne fob Australia on the platform, according to market sources. "There is no justification for such high prices now that the supply situation is...Read More

January 15, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to provide an update on its Hog Heaven project data review and project development plans.Highlights from the 722 holes historically drilled:The Hog Heaven project represents a high-grade Ag-Au-Cu-Pb-Zn underground opportunity where gold and base metals add significant value on a silver equivalent ba...Read More

Buying activity in the CIS export billet market was muted in the first half of January due initially to the long year-end holidays and later to generally low demand for the material in the major outlets.Despite this, Metal Bulletin's weekly export CIS Billet Index rose to $520 per tonne fob Black Sea on January 15, up from the previous $514 per tonne fob Black Sea amid higher offer prices.Billet o...Read More

Export slab prices from the CIS region rose by $25 per tonne over the first half of January, because of the rise in finished flat steel prices as well as the reduced availability of the semi-finished material, sources told Metal Bulletin on Monday January 15.Russia's Evraz and Novolipetsk Steel (NLMK) were said to be seeing good demand for slabs from their own re-rolling assets, even though the la...Read More

Peru's largest mining zinc and copper operations were unaffected by the strong earthquake that hit the country's southern coast Sunday January 14. Key roads and ports were also operating as usual, industry sources said. The epicenter of the 7.1-magnitude earthquake was in the Pacific Ocean, about 30km from the town of Lomas, in the Arequipa region, according to the US Geological Survey (USGS). Per...Read More

China's restriction on copper scrap imports could remove up to 500,000 tonnes of copper equivalent from the market this year, Jiangxi Copper's brokerage arm said on Saturday January 13.Jinrui Future, Jiangxi Copper's fully owned subsidiary, estimates that 45% less copper scrap will be brought into China in 2018 compared to a year ago. While low-grade category 7 copper scrap imports, including scra...Read More

The latest metal markets news and price moves to start the North American day on Friday January 15.Base metal prices on the London Metal Exchange were all higher during morning trading, reflecting a further weakening in the dollar. Zinc's continues to set fresh multi-year highs - it peaked at $3,440 per tonne this morning, its highest since August 2007.Available LME zinc stocks continue to fall -...Read More

Base metal prices on the London Metal Exchange were all higher during morning trading on Monday January 15, reflecting a further weakening in the dollar.Zinc's continues to set fresh multi-year highs - it peaked at $3,440 per tonne this morning, its highest since August 2007.Available LME zinc stocks continue to fall - a further 10,000 tonnes of metal were cancelled in New Orleans this morning, wh...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Monday January 15*Copper -$98.74 (-636.76 yuan) Aluminium -$445.37 (-2,872.21 yuan) Zinc -$170.85 (-1,101.84 yuan) Nickel -$621.95 (-4,011.01 yuan) *The physical arbitrage numbers...Read More

Base metals prices on the London Metal Exchange are stronger across the board this morning, Monday January 15, with the complex up by an average of 1.2%. Copper ($7,248 per tonne) and nickel ($12,905 per tonne) lead the advance with rises of 1.9%, while tin lags behind with a 0.1% gain to $20,300 per tonne. Volume has been high with 13,854 lots traded, with 6,586 lots of that being copper. The pre...Read More

Good morning from Metal Bulletin's office in Shanghai, as we bring you the latest news and pricing stories on Monday January 15.Base metals prices on the Shanghai Futures Exchange were mostly lower during Asian morning trading on Monday after consolidation set in following last week's gains, with only aluminium and nickel prices moving higher so far in the morning.Check Metal Bulletin's live futur...Read More