TSX: EXNwww.excellonresources.com Mr. Brendan Cahill reports:TORONTO, Jan. 22, 2018 /CNW/ - Excellon Resources Inc. (TSX:EXN, EXN.WT and EXN.WT.A; OTC:EXLLF) ("Excellon" or the "Company") is pleased to announce fourth quarter and annual 2017 production results from the Platosa Mine, Durango, Mexico. Highlights2017 Production (compared to 2016) Silver equivalent ("AgEq...Read More
Crude steel output in Brazil increased by 9.90% year-on-year in 2017, according to figures released by national steel institute A??o Brasil on Monday January 22.Production reached 34.36 million tonnes, against 31.27 million tonnes in 2016.Last year's performance was slightly higher than A??o Brasil's forecast for November output of 34.15 million tonnes.But the institute noted that Brazilian crude...Read More
TSX VENTURE: BTRwww.bonterraresources.com Mr. Nav Dhaliwal reports:VANCOUVER, Jan. 22, 2018 /CNW/ - Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "Bonterra") is pleased to announce that the 2018 winter drilling program is underway at the Gladiator Gold Project. After completing more than 60,000 meters in 2017, the Company plans to drill 30,000 met...Read More
A new mill with capacity for 300,000-500,000 tonnes per year of reinforcing steel "could be the solution to a supply gap looming over the UK in the next decade," Andy Kirkcaldy, chairman of the British Independent Reinforcement Fabricators Association (Birfa), said on Monday January 22.Domestic rebar demand in the UK is expected to rise to 1.23 million tpy by 2030, up from 843,000 tonnes in 2015,...Read More
TSX VENTURE: BRDwww.broadwaymining.com Mr. Duane Parnham reports:VANCOUVER, BC--(Marketwired - January 22, 2018) - Broadway Gold Mining Ltd. (TSX VENTURE: BRD) (OTCQB: BDWYF) ("Broadway" or the "Company") is pleased to provide an update on its Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the legendary Butte-Anaconda mining region of Montana, USA.Key...Read More
TSX VENTURE: CNXwww.callinex.ca Mr. Max Porterfield reports:HighlightsDrill Hole NC-249, the northernmost hole, intersected extensive mineralization including 53.8m of 2.8% Zn Eq. starting at a depth of 18.5m including higher grade intervals;These drill four holes have expanded the lateral extent of the northernmost area of the Nash Creek Deposit up to 260m; andPlans to delineate the extent of the...Read More
TSX: FNVwww.franco-nevada.com Mr. David Harquail reports:TORONTO, Jan. 22, 2018 /CNW/ - Franco-Nevada is pleased to announce that its wholly-owned subsidiary, Franco-Nevada (Barbados) Corporation ("FNB"), has agreed to acquire a precious metals stream on Korea Resources Corp.'s ("KORES") 10% indirect interest in the Cobre Panama project ("Cobre Panama") for US$178...Read More
TSX VENTURE: GISwww.genesismetalscorp.com Mr. Brian Groves reports:Vancouver, British Columbia--(Newsfile Corp. - January 22, 2018) - Genesis Metals Corp (TSXV: GIS) ("Genesis" or the "Company") is pleased to announce the results from the second phase of drilling completed at the Chevrier gold project (the "Project") near Chibougamau, Quebec. Highlights from Main Zone 8.73 g/t Au over 21.35 m incl...Read More
TSX VENTURE: LPKwww.lupakagold.com Mr. William Ansley reports:VANCOUVER, Jan. 22, 2018 /CNW/ - Lupaka Gold Corp. ("Lupaka Gold" or the "Company") (TSXV:LPK, FRA:LQP) is pleased to provide an update on operational advancements associated with the Invicta Gold Development Project ("Invicta", or "Invicta Project"). Highlights:Mining contractor selected, mobilization has commenced and expected to take...Read More
Chinese ferro-silicon prices have dropped for a third week in a row amid a resumption in production in key producing Ningxia province, while the European market reported deals within the current record high and prices in the United States were also unchanged amid tight availability. Chinese consumers bid lower for ferro-silicon but most capacity still idled Europe assessment holds at high,...Read More
TSX VENTURE: AAZwww.azincourtenergy.com Mr. Alex Klenman reports:VANCOUVER, British Columbia, Jan. 22, 2018 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. ("Azincourt" or the "Company") (TSXV:AAZ) is pleased to announce the commencement of the previously announced exploration work program at the Company's East Preston uranium project with option partners Skyharbour Resources Ltd. and Clean Commodities...Read More
Production of manganese ore at South32's South Africa Manganese operation rose by 28% quarter on quarter and 22% on an annual basis in the second fiscal quarter ended December 31, 2017, the company said last week. South Africa Manganese produced 633,000 tonnes of manganese ore in the December quarter last year, up from 517,000 tonnes in the same period of 2016. This brought total output for the ha...Read More
Due to a technical issue, Metal Bulletin's weekly assessment of the European tungsten APT price did not appear in the Metal Bulletin price book on Friday January 19. The price book has since been updated with the correct prices appearing for this date. Price affected: Tungsten APT European free market $ per mtu The price continues to be a weekly price published every Friday by 3pm London time. If...Read More
Manganese ore buyers secured cheaper offers for low-grade ore last week when they returned to the market for March material. Low-grade manganese ore prices falter even as activity picks upHigh-grade ore quotations stand firmOre buyers favor seaborne cargoes over port stocksAlloy prices stable in India and EuropeUS alloy prices strengthen on spot activity uptick amid harsh weather conditions Low-g...Read More
Turkish steel mills continued their deep-sea scrap bookings for February and March on Monday January 22 with prices remaining largely stable.A steel mill in the Iskenderun region booked a US cargo, comprising 12,000-15,000 tonnes of plate and structural scrap (P&S) at $373 per tonne and 6,000 tonnes of shredded at $368 per tonne, while the rest of the 38,000-tonne cargo was HMS 1&2 (80:20) at $363...Read More
Turkish domestic scrap prices continued to increase amid strong demand over the past week, sources said on Monday January 22.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was $1,300-1,440 ($342-379) per tonne delivered, up from last week's $1,260-1,400 per tonne.The upward movement came after several steel mills raised their buy prices for the materi...Read More
Iron ore prices experienced little movement on Monday January 22 amid inactivity in the seaborne market. Metal Bulletin's 62% Fe Iron Ore Index Today: $76.61 per tonne cfr Qingdao Daily change: down by $0.14 per tonne Month-to-date average: $76.65 per tonne...Read More
The seaborne iron ore market saw little activity on Monday January 22, but premiums for index-linked cargoes of high-grade fines have fallen below $2 per tonne while those for lumps continue to rise. Key drivers Premiums for Pilbara Blend fines and Carajas fines have both fallen below $2 per tonne now that most mills have completed their restocking of seaborne cargoes scheduled for delivery in Feb...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, 70,000...Read More
The seaborne coking coal market was stable on Monday January 22 with buyers still not budging despite offers falling slightly. Metal Bulletin's indices were all unchanged for the day, at $212.66 per tonne cfr China and $232.13 per tonne fob Australia for premium hard coking coal, and $193.85 per tonne cfr China and $187.29 per tonne fob Australia for hard coking coal."Offers for premium cargoes ha...Read More