The latest news and price moves to start the Asian day on Friday March 23.Base metals prices on the London Metal Exchange plummeted at the close on Thursday March 22, while the dollar index staged a recovery. Read more in our live futures report.Here are how LME prices looked at Thursday's close:The United States Trade Representative (USTR) has said that the European Union, Argentin...Read More
Physicists from MIT, Harvard University, and Lawrence Berkeley National Laboratory have produced what the call "a kagome metal" - an electrically conducting crystal, made from layers of iron and tin atoms, with each atomic layer arranged in the repeating pattern of a kagome lattice.In a paper published in Nature, the scientists explain that their creation was inspired by Japanese kagome baskets, w...Read More
Both houses of the US Congress have approved an omnibus appropriations bill including USD1.2 billion for nuclear energy. The bill will see the suspension of sales by the Department of Energy (DOE) of surplus uranium to pay for decommissioning work at the former Portsmouth uranium enrichment plant.Senators today approved the Consolidated Appropriations Act 2018, which appropriates some $1.3 trillio...Read More
Kyushu Electric Power Company today began the process of restarting operation of unit 3 at its Genkai nuclear power plant in Japan's Saga prefecture. The reactor is scheduled to resume commercial operation next month.The four-unit Genkai plant (Image: Kyushu)The utility said the process of extracting the control rods from the 1180 MWe pressurised water reactor (PWR) was restarted at 11.00am today....Read More
Base metals prices on the London Metal Exchange closed the week in negative territory on Friday March 23, with zinc the only metal to increase by the close. Nickel prices were the worst affected, losing $240 per tonne at the close - despite a 10,278 tonne cancellation in Johor.Yesterday, President Donald Trump signed off on import tariffs for Chinese products - this triggered further worries of a...Read More
It was all going so well for the London Metal Exchange metals at the turn of the year: Robust late-2017 price strength was initially carried through into January, with a commensurate increase in turnovers, and the words "bull market" were on many people's lips. But, as winter turns into spring and temperatures mostly rise, the heat has gone out of the market, and much of that bullish ardor has coo...Read More
The number of lead-acid battery recyclers in China is expected to triple by the end of this year due to the Chinese government's recycling friendly policies, China Nonferrous Metals Industry Association's (CMRA) recycling metal branch said on Friday March 23.As of July 2017, the country approved 116 certified companies to recycle lead-acid batteries with a total recycling capacity of about 2.7 mil...Read More
Lupaka Gold (LPK.V) has now completed a systematic underground sampling program on the 3400 level at its Invicta polymetallic project. The company has identified (and confirmed) high-grade footwall mineralization (9.86 g/t AuEq) over a length of 130 meters and an average width of 6.1 Meters. This is a very positive development as the average grades encountered in the sampling program are similar t...Read More
One of Novo Resources (CN:NVO) most recent recruits, senior exploration manager Kas De Luca, has been tasked with figuring out exactly how much gold the company is sitting on in the Pilbara, and she is tackling that challenge with the help of science. Kristie Batten Novo now has a team of eight looking over the unusual system in the PilbaraNovo Resources23 MARCH 201823/03/2018commentsshare De Luca...Read More
The Mint Corporation (TSXV:MIT) expects higher revenue per cardholder from the mobile wallet and new servicesSmallCapPower | March 23, 2018: Mint mobile wallet poised for April launch in the UAE. On March 22, 2018, The Mint Corporation (TSXV:MIT) announced that its majority-owned subsidiary, Mint Middle East LLC ("MME"), is expected to commercially launch the mobile wallet application in April. In...Read More
Drilling operations on Allegiant Gold's Eastside gold property near Tonopah, Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin-out company comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX; CBGDF-OTCQX], has added a second drill rig to the resource expansion program currently under way at Allegiant's100%-owned Eastside gold project, loc...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of China's minor metals markets in the week of March 19-23 and the reasons for any price moves.Read More
America's Kittson-Cobalt property in the Cobalt Exploration Camp of northeast Ontario. Source: Power Americas Minerals Corp.In its heyday back in the early 1900s and beyond, Cobalt was predominantly a silver mining camp, one that produced cobalt as a by-product. But now that cobalt has emerged as a key ingredient in the production of lithium ion batteries needed to support the growing electric veh...Read More
The uncertainty created by the announcement of import tariffs under Section 232 in the United States kept Turkish steel mills out of the deep-sea scrap markets during the working week from Monday March 19 to Friday March 23, although strong demand in the US domestic market kept sentiment positive.But the poor demand for material sent Taiwanese import prices downward.Turkey importsThe Turkish steel...Read More
Centerra Gold's Mount Milligan copper-gold mine in central British Columbia. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX, CAGDF-OTC] said Friday March 23 that it has restarted its second ball mill circuit at its Mount Milligan Mine located 145 km northwest of Prince George, central British Columbia.As announced on February 5, 2018, milling operations were restarted (albeit at a reduced ca...Read More
The gold market has been actively changing over the past 20 years.Some of the triggers that once had a significant effect on gold prices are now almost completely ignored.It wasn't too long ago that a terrorist bombing or nuclear threat would send gold prices much higher. Today, gold barely reacts to these incidents.But there has been one consistent market-moving event that reliably creates signi...Read More
The light iron scrap market in the United Kingdom is unchanged this week, extending a steady trend from the previous week, although signs are emerging that prices may fall in the near term.The market has been steady for two weeks in a row after four weeks of price rises stemming from strengthening demand to key export markets such as Turkey and the Indian subcontinent. Metal Bulletin's price asses...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop International Lithium (TSXV: ILC) Provides Corporate Update Vancouver, British Columbia - March 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces: Following the ann...Read More
The market for containerized ferrous scrap imports into India showed signs of softening this week amid poor scrap demand and weaker local steel prices, sources told Metal Bulletin on Friday March 23.Market participants shied away from buying imports at a time of uncertainty in the steel markets after no scrap deals were heard in the Turkish deep sea scrap market for the second consecutive week and...Read More