The Chinese ferro-silicon spot market slumped over the past week because of slow demand from key consumers in the steel and magnesium sectors.The market will be vulnerable to further losses if there is no upturn in demand in the near term. Chinese demand lags behind supply... ...and domestic prices fall more than 10% Europe price range widens amid uncertainty US market eases, wary of renewed impor...Read More
A week-long strike by workers with trade union representation at South America's largest zinc smelter, Cajamarquilla, has ended, owner Nexa Resources has confirmed."The strike is over. Nexa Resources reached an agreement with the Labour Union on Friday [March]...Read More
Spot prices for ammonium paratungstate (APT) and tungsten concentrates continued to rise last week when sellers raised their offers or declined to offer at all while Chinese raw materials are in tight supply. APT and oxide supplies continue to tighten while Chinese output slows Sellers decline to offer intermediates due to concerns over replacement cost, availability Profit-taking prompts fall in...Read More
If you're getting the sense that stocks always go up, that's because they've been doing so for a really, really long time. From CNBC today: On the bull market’s ninth birthday, here’s how it stacks up against history?EUR?The Dow has quadrupled during the bull market, which turned 9 on Friday.?EUR?This is the biggest and longest bull market for the Dow post-WWII, according to Leuthold G...Read More
Exploring the Kutcho high-grade copper-zinc-silver-gold project located 100 km east of Dease Lake, northern British Columbia. Photo courtesy Kutcho Copper Corp.Kutcho Copper Corp. [KC-TSXV], formerly Desert Star Resources Ltd., recently completed the acquisition of the Kutcho high-grade copper-zinc-silver-gold project located 100 km east of the small community of Dease Lake, northern British Colum...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
Rubicon's Phoenix Gold Project in northern Ontario. Source: Rubicon Minerals Corp.The Pheonix Gold Project is an underground exploration project located in the district of Red Lake located 265 km northeast of Winnipeg, Manitoba.Rubicon owns 100% of the Phoenix Gold Project which consists of the high-grade F2 gold deposit, more than 9,000 metres of underground development, including a commissioned...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
DXI Energy's Woodrush Oil & Gas project in northeastern British Columbia. Source: DXI Energy Inc."We are pleased to report that we are in receipt of licenses and permits required to mobilize a rig to spud the first of several exploration wells intended to demonstrate high potential targets delineated by the third quarter and fourth quarter integration and re-interpretation of multiple 3D surve...Read More
Chinese silicon export prices have been stable due to high raw materials costs and limited output during dry season though market participants are wary of a headwind on low buying interest, while European prices were steady on a hesitant market sentiment.The Chinese grade 553 silicon export price stood at $2,010-2,050 per tonne on Friday March 9, unchanged from one week ago. Since the start of Dec...Read More
The Turkish steel mills paused their deep-sea scrap purchases on Monday March 12, following the news about the United States applying import duties under Section 232, heard late last week.Market participants were unsure about the future direction of the market after US President Donald Trump used his powers under Section 232 to officially sign the previously announced tariffs on steel and aluminiu...Read More
Wally Schumann, Minister of Industry, Tourism and Investment, Northwest Territories. Photo by Ellsworth DicksonDuring the recent PDAC Conference in Toronto, Resource World Magazine had a chance to interview Wally Schumann, Minister of Industry, Tourism and Investment, as well as Minister of Infrastructure, Northwest Territories.RESOURCE WORLD: With only 44,000 people living in the Northwest Territ...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Ely Gold Royalties (TSXV: ELY) (OTC Pink: ELYGF) Sells County Line Project to Gold Resource Corporation Vancouver, British Columbia - March 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Ely Gold Royalties Inc. (TSXV: ELY) (OTC Pink: EL...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Bolivian Property Offers 'Potential to Be a District Scale Silver Project'Source: Streetwise Reports March 12, 2018 (Investorideas.com Newswire) Important development pieces have come together at the Silver Sand project in Bolivia.New Pacific M...Read More
There are things that matter, and there are things that you can control. There are few things that matter and that you can control. Focus on these.For instance, preventing global nuclear war matters. But you cannot control it.You can control what color car you drive. But this doesn’t really matter.But eating healthy matters, and you can control it.The New York Times ran a piece called The Ma...Read More
Demand for imported scrap in Turkey could suffer as a result of the United States applying tariffs on shipments of Turkish steel, a spokeswoman for German steel recycling association BDSV told Metal Bulletin on Monday March 12.Lower demand for Turkish steel in the US under tariffs could lead to a drop in steel production in Turkey and lower scrap demand from the country, the spokeswoman said.Altho...Read More
Comex copper prices came under selling pressure on the morning of Monday March 12 in the United States, with markets awaiting to assess the impact of import tariffs that President Donald Trump will sign into law within the next fortnight.Copper for May settlement on the Comex division of the New York Mercantile Exchange dipped by 0.95 cents or 0.3% to $3.1265 per lb. "While further selling pressur...Read More
If you're getting the sense that stocks always go up, that's because they've been doing so for a really, really long time. From CNBC today: On the bull market’s ninth birthday, here’s how it stacks up against history?EUR?The Dow has quadrupled during the bull market, which turned 9 on Friday.?EUR?This is the biggest and longest bull market for the Dow post-WWII, according to Leuthold G...Read More
Base metals traded on the London Metal Exchange are once again weaker across the board this morning, Monday March 12, with prices off by an average of 0.4%. Losses are fairly tightly grouped between 0.2% and 0.7%, with the three-month copper price down by 0.4% at $6,930 per tonne.Volume has been average with 8,181 lots traded as of 07.17am London time. Today's weakness follows strong rebounds last...Read More