Prices in the global steel billet market continued climbing in the week ended Friday March 2 as market factors supported the upward trend.One of the major factors was the surge in domestic billet prices in China after the week-long lunar new year holiday.Steady growth in import scrap prices in Turkey was another supportive factor for the global billet market.Metal Bulletin's daily index for Northe...Read More

Prices in the global steel billet market continued climbing in the week ended Friday March 2 as market factors supported the upward trend.One of the major factors was the surge in domestic billet prices in China after the week-long lunar new year holiday.Steady growth in import scrap prices in Turkey was another supportive factor for the global billet market.Metal Bulletin's daily index for Northe...Read More

Lead and zinc prices on the London Metal Exchange both closed lower on Monday March 5, reflecting recent stock increases. Zinc hit a two-month low of $3,273.50 per tonne today after a massive 78,950-tonne delivery into LME-listed warehouses in New Orleans. The metal was still $59 per tonne lower at $3,296 at the 5pm London close.The metal's cash/three-month spread briefly swung back into contango...Read More

The largest zinc delivery in nearly five years has swung zinc's London Metal Exchange cash/three-month spread into contango for the first time in 2018. Some 78,950 tonnes were delivered into LME-approved warehouses in New Orleans on Monday March 5 - the largest inflow since July 2013, increasing on-warrant stock levels by 94%. And it is not just the LME which has seen stocks rising; Shanghai Futur...Read More

Bob Moriarty ArchivesMar 05, 2018Napoleon said that he would rather have his generals be lucky rather than skillful under the theory that you can always beat skill but you can never beat luck. It sounds like a great theory to me.Prosper Gold (PGX-V) is headed by Peter Bernier who founded Richfield Ventures, drilled 14 holes, found gold in 13 and sold out in two years for $500 million after spendin...Read More

Hydro chief financial officer Eivind Kallevik has been appointed interim head of bauxite and alumina amid the company's disrupted operations and a force majeure at its Alunorte alumina refinery in Par??, Brazil. Kallevik held the position as head of finance for bauxite and alumina in Brazil for two years before becoming CFO in 2013. He also led the bauxite and alumina division for an interim perio...Read More

The Chinese ferro-silicon market dropped on Friday March 2, with one major tender signaling a slower return in demand from Chinese consumers after the recent national week-long holiday. Chinese steel tenders signal shift in demand  Other consumer markets also dropped  European market moves sideways, eyes March business  US steady on reduced imports Chinese domestic ferro-silicon pr...Read More

Low-grade manganese ore prices sailed through the $8 per dry metric tonne unit (dmtu) mark on Friday March 2 in China after producers ratcheted up their offers and on continued demand. Low-grade ore prices exceed $8 per dmtu in ChinaHigh-grade ore market lags in thin tradingSmelter backlash fails to slow rallyAlloy prices hold in most regionsUS ferro-manganese prices edge higher Low-grade mangane...Read More

Hydro chief financial officer Eivind Kallevik has been appointed interim head of bauxite and alumina amid the company's disrupted operations and a force majeure at its Alunorte alumina refinery in Par??, Brazil. Kallevik held the position as head of finance for bauxite and alumina in Brazil for two years before becoming CFO in 2013. He also led the bauxite and alumina division for an interim perio...Read More

Low-grade manganese ore prices sailed through the $8 per dry metric tonne unit (dmtu) mark on Friday March 2 in China after producers ratcheted up their offers and on continued demand. Low-grade ore prices exceed $8 per dmtu in ChinaHigh-grade ore market lags in thin tradingSmelter backlash fails to slow rallyAlloy prices hold in most regionsUS ferro-manganese prices edge higher Low-grade mangane...Read More

Click to EnlargeThe property agreement allows LiCo to acquire a 100% interest in the mining rights for the Glencore Bucke property in Bucke Twp., 6 km east of Cobalt, Ontario.The purchase agreement includes a back-in provision, production royalty and an off-take agreement in favour of Glencore, which ranks as one of the world's largest producers of cobalt. Glencore Canada is a subsidiary of Glenco...Read More

The Atlantic alumina market will swing back to a premium over the Pacific as a result of a 50% cut to output, and subsequent force majeure announcement, from Hydro's Alunorte refinery in Brazil, according to market participants spoken to by Metal Bulletin. The tightness resultant from the cut to Hydro's production will be sufficient to see alumina trade at a premium in the Atlantic, while absolute...Read More

Chinese silicon metal export prices continued to edge up on Friday March 2 amid renewed buying interest from Japanese buyers last week. Metal Bulletin's Chinese grade 553 silicon metal export price moved up to $2,010-2,050 per tonne on Friday, up 0.2% from the previous week. Tightness on spot availability persisted and is expected to be a dominant theme for March as a result of the halt of op...Read More

Supply tightness pushed European antimony prices higher again over the past week, while the Chinese market was quiet with most consumers adopting a wait-and-see stance following the break for Chinese New Year.The European antimony market strengthened again this past week, with many sellers reluctant to part with material ahead of any further increases prompted by recovering Chinese demand. But som...Read More

The Turkish steel mills have continued their April scrap bookings at comparatively higher prices, sources said on Monday March 5.A steel mill in the Izmir region was heard booking a Baltic Sea cargo, comprising HMS 1&2 (80:20) at $372 per tonne and bonus at $382 per tonne cfr. The breakdown of the cargo was not clear at...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Vendetta (TSXV: VTT) Reports Metallurgical Test Work and Demonstrates High Lead and Zinc Recoveries and Concentrate Grades from the Pegmont Lead-Zinc Project Vancouver, British Columbia - March 5, 2018 (Newsfile Corp.) (Investorideas.com Newswi...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop DNI Metals (CSE: DNI) Assays for an Additional 17 Drill Holes and 1 Trench Received; Including 14.64m Grading 9.92% Graphitic Carbon from Surface and 24.00m Grading 7.71% Graphitic Carbon in Trenching (4m depth) Toronto, Ontario - March 5, 2018...Read More

Turkish domestic scrap prices strengthened over the past week, in line with rising imported scrap costs, sources said on Monday March 5.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was TRY1,260-1,400 ($331-367) per tonne delivered on March 5, narrowing upward from last week's TRY1,230-1,400 per tonne.The change came about after a number of steel mil...Read More

Have you seen the media freaking out over Amazon buying Whole Foods?The photos you may have seen of empty Whole Foods shelves were taken during this past season’s hurricanes when customers bought up supplies at a fast pace in case of emergency. It had nothing to do with the Amazon deal.It is all fake news according to Whole Foods CEO John Mackey.The truth is that Amazon and Whole Foods are...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Margaux Resources Ltd. (TSXV: MRL) (OTCQB:MARFF) Provides 2017 Exploration Activities Highlights on its Sheep Creek Gold District and Kootenay Arc Zinc District; Attendance at PDAC 2018 Calgary, Alberta - March 5, 2018 (Newsfile Corp.) (Investo...Read More