The seaborne coking coal market continued to show signs of strengthening at the start of the week, with sellers holding on to their cargoes after prices picked up last week.An April-laycan cargo of premium mid-vol hard coking coal was traded at $218 per tonne fob Australia to the ex-China market, sources told Metal Bulletin on Monday March 19. "We are still watching where the market is headed now,...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreRio Tinto,...Read More

Seaborne iron ore prices continued to fall toward the $65-per-tonne-cfr-China mark on Monday March 19 amid heavy losses in China's steel and futures markets.Key driversChina's ferrous futures tumbled across the board again, with the benchmark iron ore contract recording the biggest loss in percentage terms - 4.5% - compared with last Friday's settlement price.The country's spot rebar and hot-rolle...Read More

Taiwan saw its ferrous scrap imports rise 11.4% year on year in January, according to the territory's customs agency.The island imported 237,206 tonnes of ferrous scrap during that month, 24,282 tonnes higher than the 212,924 tonnes it took in a year earlier, data from its Customs Administration showed.January's imports are just slightly higher than the...Read More

Silicon prices in China moved down over the past week on reduced demand, while European prices were mixed.Chinese silicon export prices dropped due to sluggish demand after Japanese buying appetites waned.The Chinese grade 553 silicon export price fell 1.2% to $1,980-2,030 per tonne on Friday March 16 from $2,010-2,050 per tonne a week earlier.Despite low operational rates for grade 553 silicon pr...Read More

European antimony prices were steady in the latest pricing session due to supply tightness, while the Chinese market remained quiet with limited spot activity taking place. Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,600-8,800 per tonne on Friday March 16, unchanged from Wednesday's assessment, when prices had also stayed stable. Trioxide grade...Read More

Lithium mostly hits the headlines in debate about increasing battery production, but it's probably not presently the mineral that worries the industry most. That distinction likely goes to cobalt, for a few reasons. It is - with today's technology - a vital part of lithium-ion batteries, which are those used in smartphones, laptops and other devices, including, importantly, the current generation...Read More

Key data from the Friday March 16 pricing session in Shanghai.Cobalt Metal MB China domestic min 99.8% RMB/tonneKey drivers- The Metal Bulletin-assessed Chinese cobalt (min 99.8%) price jumped to 665,000-680,000 yuan per tonne (equivalent to $40.72-41.64 per lb, ex-China value-added tax) on March 16, supported by the lingering momentum of a rally in cobalt futures prices seen since early last week...Read More

Strong demand from India is continuing to support the cadmium market, with the price for higher-grade material reaching fresh highs this week, even with the end of the fiscal year approaching, market sources told Metal Bulletin.But many companies are said to be putting off payments for the next couple of weeks.Metal Bulletin assessed the 99.99% cadmium quotation at 155-175 cents per lb on Friday M...Read More

Global copper production will spike over the next decade as rising prices and increasing demand from the electric vehicles sector encourage project development, a new reports shows.According to analysts at BMI Research, output for the red metal worldwide will grow an average annual rate of 3.6% over 2018 – 2027 thanks to a number of major projects come online, particularly in Peru and Aust...Read More

Australia's Newcrest Mining (ASX: NCM) said that its Wafi-Golpu joint venture with Harmony Gold in Papua New Guinea will need a further $200 million cash injection to get built under improved plans.The updated feasibility study, released Monday, foresees a larger, $2.8-billion gold and copper project with mine wastes being piped into the ocean. Building the proposed mine had been previously expec...Read More

Zimbabwe's new government has changed its empowerment ownership laws for the diamond and platinum sectors, in an effort to re-engage international lenders, curb spending and attract investors to revive the country's battered economy.The new rules, Reuters reports, limit majority ownership by state entities to only diamond and platinum operations and not the entire mining sector as in previous...Read More

https://www.reuters.com/MELBOURNE/VANCOUVER (Reuters) – Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.Mine developers say interest from Japanese and Korean firms is particularly strong as they compete with rivals from Chi...Read More

SHANGHAI, Mar 19 (SMM) – Prices of residential property in most Chinese cities continued to decline in February 2018, SMM learned.Data from the National Statistics Bureau covered 70 large and middle-sized cities and showed that prices of newly-built housing in 15 cities remained firm in February while prices in 12 cities dropped 0.1-0.6% month on month. On a yearly b...Read More

Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,589.39, down 121.94 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 15 cents, or 1.37 per cent, to $10.80 on 9.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.77 on 7.98 million shares.Neovasc Inc. (TSX:NVC). Medical de...Read More

Rathdowney Resources Ltd. (TSXV: RTH) is a Canadian company whose primary focus is developing and permitting its flagship, 100%-owned Olza zinc-lead-silver development project in Poland. Rathdowney is committed to creating value for its shareholders and advancing Olza by having invested +C$25M into exploration and development activities. We learned from Roger Blair, Vice President of investor rela...Read More

Drilling at a producing gold mine in Colombia is extending the depth of the mine. Red Eagle Mining Corp. (R:TSX; RDEMF:OTCQX; R:BVL) just announced that drilling at the San Ramon Gold Mine, part of the Santa Rosa Gold Project in Colombia, has returned 4.75 meters at 20.3 grams gold per tonne. This drilling was below the already delineated resource and is "extending the vertical extent of known go...Read More

Ed Yardeni, President of Yardeni Research, Inc. and author of Predicting the Markets, A Professional Autobiography, joins Jim for a lively discussion.1:52 Interest rates, then and now4:11: "The bond market has been rigged"7:22 Inflation is the big risk12:08 Has macroeconomics succeeded?James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-...Read More

Key gold assets in the Timmins, Ontario, area have been acquired by a new owner. GFG Resources Inc. (GFG:TSX.V; GFGSF:OTCQB) and Rapier Gold Inc. (RPR:TSX.V) recently announced they have completed a transaction where GFG acquired all of the shares of Rapier, both issued and outstanding.According to GFG, "the Arrangement was an integral part of the Company's recent land consolidation west of the p...Read More

Washington's gratuitous raising of tensions with Russia that we have been witnessing for many years is so reckless and irresponsible that we need some relief Continue...Read More