A summary of base metals premiums across the globe for the week to Tuesday February 6.Read More

Base metals prices on the London Metal Exchange closed the day lower across the board on Tuesday February 6, with the market getting caught up in the US equity sell-off. "Base metals have been getting hit hard today, finally getting swept up in the equity rout. The group is down across the board, with zinc and nickel both being hit especially hard," INTL FCStone analyst Edward Meir said.Despite fa...Read More

The South African mining sector must strive to build a competitive, transformed and sustainable industry, the chairperson of the Council for Geoscience said at Mining Indaba in Cape Town this week. "While there may be tough choices and tradeoffs to be made, the South African mining industry must continue to thrive and to balance sustainability, competitiveness and transformation," Dr Humphrey Math...Read More

The latest metal markets news and price moves to start the North American day on Tuesday February 6.Base metals prices on the London Metal Exchange were lower across the board during morning trading today on further profit-taking.Here is how the LME base metals complex looked at 12.04pm London time:For a snapshot of exchange news, check out our live futures report.Premiums for index-linked cargoes...Read More

TSX VENTURE: NVOwww.novoresources.com Mr. Quinton Hennigh reports:VANCOUVER, British Columbia, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Novo Resources Corp. ("Novo" or the "Company") (TSX-V:NVO) (OTCQX:NSRPF) has entered into a commercial arrangement with SGS Minerals of Perth, Western Australia, to secure access to a test plant for the processing of 5 tonne bulk samples from its Karratha Gold Project. S...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Tuesday February 6*Copper -$37.80 (-238.11 yuan) Aluminium -$481.30 (-3,031.62 yuan) Zinc -$129.94 (-818.44 yuan) Nickel -$429.69 (-2,706.55 yuan) *The physical arbitrage numbers are...Read More

TSX: KDXwww.klondexmines.com Mr. Paul Huet reports:VANCOUVER, British Columbia, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Klondex Mines Ltd. (TSX:KDX) (NYSE American:KLDX) ("Klondex" or the "Company") reported today a Mineral Reserve and Mineral Resource update for the Fire Creek mine ("Fire Creek") located in northern Nevada, USA.An updated technical report (the "Technical Report") titled "Technical Repo...Read More

Prices for steel rebar and ferrous scrap are likely to get continued supported from the weakness of the United States dollar and healthy demand in the coming few months, the International Rebar Producers & Exporters Association (Irepas) said this week.The US dollar has depreciated by 6.31% against the euro and by 5.65% against sterling since the beginning of the year, according to exchange rate si...Read More

The latest bids, offers and deals in the global markets for steel billet, slab and bloom. Latest transaction: billetBilletIran, export, billet, offered...Read More

TSX VENTURE: ATCwww.atacresources.com Mr. Graham Downs reports:VANCOUVER, Feb. 06, 2018 /CNW/ - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") announces exploration results and project developments from its 100% owned, 660 km2 Rau Project located at the western end of the Company's Rackla Gold Property, Yukon.The objectives of the 2017 Rau Project exploration program were to improve the...Read More

TSX VENTURE: BTRwww.bonterraresources.com Mr. Nav Dhaliwal reports:VANCOUVER, Feb. 6, 2018 /CNW/ - Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "Bonterra") is pleased to announce that the ongoing resource development program at the Gladiator Gold Deposit has extended the North, Footwall and Main Zones by 200 m down plunge to the east. High-grade intersections identi...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transactions: rebarRebarTurkey, export, rebar, offered at $545-550 per tonne cfr, theoretical weight,...Read More

TSX: LGDwww.libertygold.ca Mr. Cal Everett reports:2.39 g/t Au over 7.6 m within 0.91 g/t Au over 82.3 m2.25 g/t Au over 13.7 m within 1.46 g/t Au over 24.4 mVANCOUVER, B.C., Feb. 06, 2018 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD) ("Liberty Gold" or the "Company") is pleased to announce final 2017 drill results from its 100% controlled Goldstrike Gold Project in southwestern Utah. Throughou...Read More

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transactions: HRC, CRC, HDGHot-rolled coilChina, export, hot-rolled coil, offered at $640-650 per tonne cfr, to the UAE.India, export, hot-rolled coil, offered at $650 per tonne cfr,...Read More

Most rebar and billet prices in the United Arab Emirates and Saudi Arabia fell this week, while the import market stayed quiet, sources told Metal Bulletin on Tuesday February 6. But strong demand for local rebar in the UAE meant that domestic prices remained firm this week. Domestic rebar The major rebar producers in the UAE announced new prices on January 16 and they have rem...Read More

An agreement on pay and working conditions has been made in negotiations between trade union IG Metall and employers in the metalworking sector in the south-western German region of Baden-W? 1/4 rttemberg, industry body Gesamtmetall said on Tuesday February 6.Around 500,000 German metals and electrical industry workers at 280 factories went on strike last week, according to IG Metall. This resulte...Read More

Chrome ore prices are likely to remain strong over Lunar New Year due to comparatively stronger buying and restocking in China, according to Phoevos Pouroulis, chief executive officer of South African mining group Tharisa."On the back of demand, chrome ore prices are at a healthy, sustainable level. Whether there will be further appreciation depends on Chinese New Year but there's a strong case fo...Read More

The latest ferro-tungsten and ammonium paratungstate (APT) transactions, bids, offers and assessments in Europe, Vietnam and China, with blue tungsten oxide (BTO) and yellow tungsten oxide (YTO) deals taken into consideration.To view the latest price quotations, follow the links below:China- APT, fob China- Ferro-tungsten, fob ChinaEurope- APT, cif Rotterdam- Ferro-tungsten, in-warehouse Rotterdam...Read More

China's Ganzhou Tungsten Association (GTA) has lowered its price forecast for tungsten products in February, in anticipation of the thin buying interest traditionally seen ahead of and during the Chinese New Year holidays (February 15-21).GTA predicts that black tungsten concentrates 65% will average 111,000 yuan ($17,635) per tonne in February, a month-on-month decrease of 2,000 yuan per tonne. M...Read More

Good morning from Metal Bulletin's offices in Shanghai as we bring you the latest news and pricing stories on Tuesday February 6.Much like yesterday, most base metals prices on the Shanghai Futures Exchange were under pressure during Asian morning trading on Tuesday, with sharp falls in the US stock market overnight damping market sentiment.Nickel prices continued their recent run of weakness as t...Read More