The latest metal markets news and price moves to start the North American day on Thursday February 1.Base metals prices on the London Metal Exchange were largely range bound Thursday morning in London.Here is how the LME base metals complex looked at 11:48am in London time. For a snapshot of our exchange news...Read More

RAPAPORT... Swiss watch and jewelry retailer Bucherer has acquiredTourneau, seeking a presence in the NorthAmerican luxury-timepiece market.  "With over a century of expertise as the preeminent purveyorof fine watches in the US, Tourneau provides an exciting opportunity for theBucherer Group to establish a footprint and extend our offering of fine watchesand jewelry to the US," said Guid...Read More

Good morning from Metal Bulletin's office in Shanghai, as we bring you the latest news and pricing stories on Thursday February 1.Nickel prices on the Shanghai Futures Exchange were weaker during Asian morning trading on Thursday, with underwhelming data releases from China as well as soft demand from the country's stainless steel sector weighing on the metal's prices.Check Metal Bulletin's live f...Read More

SHANGHAI, Feb 1 (SMM) – Nonferrous metals futures edged down with SHFE aluminium leading the loss with a 1% drop. The ferrous complex saw mixed trading with hot-rolled coil up over 1% and rebar up slightly. Iron ore was down nearly 1%.Copper: Investors have reduced their long bets today, dragging SHFE copper lower. We expect copper prices to stay rangebound in the short term as the US w...Read More

SHANGHAI, Feb 1 (SMM) – Nonferrous metals futures edged down with SHFE aluminium leading the loss with a 1% drop. The ferrous complex saw mixed trading with hot-rolled coil up over 1% and rebar up slightly. Iron ore was down nearly 1%.Copper: Investors have reduced their long bets today, dragging SHFE copper lower. We expect copper prices to stay rangebound in the short term as the US w...Read More

SHANGHAI, Feb 1 (SMM) – Nonferrous metals futures edged down with SHFE aluminium leading the loss with a 1% drop. The ferrous complex saw mixed trading with hot-rolled coil up over 1% and rebar up slightly. Iron ore was down nearly 1%.Copper: Investors have reduced their long bets today, dragging SHFE copper lower. We expect copper prices to stay rangebound in the short term as the US w...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade. Index futures were virtually unchanged following release of the Weekly Jobless Claims report. Consensus was an increase to 235,000 from 231,000 last week. Actual was 230,000. Fourth quarter reports continue to pour in. Companies that reported since yesterday's close included Alibaba, Alt...Read More

SHANGHAI, Feb 1 (SMM) – The purchasing managers’ index (PMI) for nickel’s downstream industries in February is expected at 33.92, according to SMM survey. This is lower than 40.34 points for January as stainless steel mills will be in maintenance or see lower output due to Chinese New Year. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more infor...Read More

SHANGHAI, Feb 1 (SMM) – China’s production of 10 nonferrous metals amounted to 53.78 million mt in 2017, up 3% from a year ago, according to data released by the National Development and Reform Commission (NDRC) on Wednesday January 31. The annual growth was up 0.5 percentage point from the previous year.According to the data, copper output was up 7.7% to 8.89 million mt, aluminium was...Read More

There is a very good chance we witnessed the top in bitcoin when it hit just under $20,000 in December of 2017. The rapid price gains it achieved last year officially put it in the record books as the largest bubble ever recorded, exceeding even the Tulip Mania of 1634-1637. With the amount of attention bitcoin was receiving last year, the fear of missing out and level of irrational exuberanc...Read More

SHANGHAI, Feb 1 (SMM) – China’s production of 10 nonferrous metals amounted to 53.78 million mt in 2017, up 3% from a year ago, according to data released by the National Development and Reform Commission (NDRC) on Wednesday January 31. The annual growth was up 0.5 percentage point from the previous year.According to the data, copper output was up 7.7% to 8.89 million mt, aluminium was...Read More

Base metals prices on the London Metal Exchange are struggling to extend gains and are consolidating in high ground this morning, Thursday February 1. Copper ($7,073 per tonne), zinc, aluminium and nickel prices are off between 0.2% and 0.4%, while lead and tin prices are up by 0.2% and 0.1% respectively.Volume has been below average with 6,950 lots traded as of 07.07 am London time. This follows...Read More

Listen to this podcast on our site by clicking here or subscribe on iTunes here.Amazon Automating Grocery StoresLast week, Amazon announced the opening of its Amazon Go to the public and "Just Walk Out" shopping. We believe this is part of a broad shift in reshaping the broader retail market and Amazon is leading the way.Shoppers show up, grab what they want, and are automatically c...Read More

Published on: Feb 1, 2018 | by Meagan EvansAmerican Pacific Borate and Lithium Limited (ASX:ABR) has delivered a significantly upgraded JORC Mineral Resource Estimate for its 100%-owned Fort Cady Borate and Lithium Project in Southern California, USA increasing both tonnes and grade.Since ABR's acquisition of Fort Cady in May 2017, it has completed 14 new drill holes in confirming and expanding th...Read More

Amarillo Gold Corporation ("Amarillo" or the "Company") is pleased to announce that it has engaged Whittle Consulting (WCPL) to conduct an Enterprise Optimisation study for the Company's flagship Mara Rosa Gold Project in Brazil.WCPL's technical experts plan to model the complete value chain of the Mara Rosa Project. Their internal proprietary optimisation tool will then be used to maximise the fl...Read More

February 1, 2018 - ATAC Resources Ltd. (TSX-V: ATC) announces that it has granted incentive stock options to directors, officers, employees and consultants, entitling those parties to purchase up to a total of 3,165,000 common shares at a price of $0.55 for a period of five years.All options will vest on a quarterly basis commencing three months from the date of granting.About ATACATAC is a Yukon-...Read More

Morgan Bazilian, former lead energy specialist at the World Bank, will join Colorado School of Mines in February as the executive director of the Payne Institute for Earth Resources and research professor of public policy. As the Institute's inaugural executive director, Dr. Bazilian will be responsible for guiding and disseminating its policy-focused research and analysis, serving as the intel...Read More

Sir Fraser Stoddart, winner of the 2016 Nobel Prize in Chemistry, will be at Colorado School of Mines on Feb. 5 to give a public talk about his Nobel-winning research on the design and synthesis of molecular machines.Stoddart, professor of chemistry at Northwestern University, shared the 2016 Nobel Prize with Jean-Pierre Sauvage of the University of Strasbourg, France, and Bernard Feringa of the U...Read More

Treatment and refining charges (TC/RCs) for spot market copper concentrates dropped significantly during the second half of January, with smelters coming to the market for tonnages below benchmark rates and mine sales going at aggressive numbers.Metal Bulletin's copper concentrate TC/RC index dropped by $9.4 per tonne/0.94 cents per lb. Of that drop, $3.2/0.32 cents was due to the addition of a co...Read More

Lead prices on the London Metal Exchange were 1.7% higher at the close on Thursday February 1, with the metal continuing its fine performance since the turn of 2018. The three-month lead price hit a high of $2,668 per tonne earlier today, the highest since July 29, 2011, and closed just $3 shy of this high level. "The fundamental outlook for lead is strong with low exchange stocks while consumptio...Read More