Rio Tinto's shipment volumes of third-party bauxite rose by 10% year-on-year in 2017 to 32.3 million tonnes.The company's fourth-quarter results revealed that total bauxite production rose by 6% to 50.8 million tonnes in 2017, in line with the full-year guidance assessment.Brazilian bauxite prices rose by 5.6% between March and December 2017, when Metal Bulletin began...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close on Tuesday January 16, however tin prices shocked the complex by rallying $170 per tonne. The complex's rallies took a pause while the dollar pulled up from Monday's three-year low. "The strong performance seen yesterday on the LME was wiped out today as [Asian] traders hit the sell button from the Asia open. Even with...Read More
Bob Moriarty ArchivesJan 16, 2018Novo shareholders have been on a wild rollercoaster ride since early July when the stock snoozed at about $.80 a share. Avideo posted on YouTube of prospectors locating gold nuggets at surface at Purdy’s Reward acted as a catalyst to propel Novo higher to $8.83 in the first week of October for a 1000% increase in just over three months.While the price of shar...Read More
Operations at Codelco's Potrerillos copper smelter in Chile's Atacama region have been suspended due to a problem at an absorption tower, the state-owned miner confirmed to Metal Bulletin.The tower is currently being repaired and the smelter, which is part of Salvador division, is expected to restart operations on January 28, a company's spokesman said. The issue affects only the Potrerillos smelt...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comJan 16, 2018Gold and related investments are off to a very positive start in 2018. I don’t expect any major pause in the action until China’s Golden Week holiday celebrations get underway.Chinese gold dealers will be on holiday this year from about February 15 to February 21....Read More
The global vanadium pentoxide (V2O5) and ferro-vanadium markets continued upward on strong momentum to start 2018, with prices surging amid concerns over thinning supply availabilities. Chinese V2O5, ferro-vanadium prices surge on low availability, robust demandEuropean ferro-vanadium prices follow Chinese market, run wild amid trader frenzyUS FeV market follows overseas markets upward amid low in...Read More
Chinese low-grade manganese ore prices have continued to rally on stronger silico-manganese futures markets; while the European and US manganese alloy markets have followed strong ore markets upward.Low-grade ore price rises on higher silico-manganese futures, while high-grade price dips amid demand lullChinese alloys prices continue backslide on lackluster demandEU alloys prices bolstered by stea...Read More
The global vanadium pentoxide (V2O5) and ferro-vanadium markets continued upward on strong momentum to start 2018, with prices surging amid concerns over thinning supply availabilities. Chinese V2O5, ferro-vanadium prices surge on low availability, robust demandEuropean ferro-vanadium prices follow Chinese market, run wild amid trader frenzyUS FeV market follows overseas markets upward amid low in...Read More
Rio Tinto's shipment volumes of third-party bauxite rose by 10% year-on-year in 2017 to 32.3 million tonnes.The company's fourth-quarter results revealed that total bauxite production rose by 6% to 50.8 million tonnes in 2017, in line with the full-year guidance assessment.Brazilian bauxite prices rose by 5.6% between March and December 2017, when Metal Bulletin began...Read More
The ??l?(C)onore gold mine in the James Bay region about 320 km north of Matagami, northern Quebec. Source: Goldcorp Inc.Goldcorp Inc. [G-TSX, NYSE-GG] said Tuesday January 16 that it is sticking with a plan to increase its annual production by 20% from current levels to 3 million ounces by 2021. Over the same period, the Vancouver-based mining giant also said it hopes to reduce its all-in sustain...Read More
Chinese low-grade manganese ore prices have continued to rally on stronger silico-manganese futures markets; while the European and US manganese alloy markets have followed strong ore markets upward.Low-grade ore price rises on higher silico-manganese futures, while high-grade price dips amid demand lullChinese alloys prices continue backslide on lackluster demandEU alloys prices bolstered by stea...Read More
GTA Mining and Resources Inc. (TSXV:GTA) Monday reported initial drill results from Big Duck Lake located 25km north of Schreiber, OntarioSmallCapPower | January 16, 2018: Solid results to start. On January 15, 2018, GTA Mining and Resources Inc. (TSXV:GTA) reported initial drill results from Big Duck Lake located 25km north of Schreiber, Ontario. All holes hit and confirmed mineralization and wer...Read More
A piece of diamond drill core (Hole SN-16-02) that assayed 4.95 g/t gold and 43.7 g/t silver from the Shovelnose Project in the Spences Bridge Gold Belt 30 km south of Merritt, southern British Columbia. Source: Westhaven Ventures Inc.Westhaven Ventures Inc. [WHN-TSXV; WTHVF-OTC] on Tuesday January 16 reported impressive gold assays from its Shovelnose property near Merritt, southern British Colum...Read More
Shares of Aphria Inc. (TSX:APH) surged 20% on Monday after announcing a deal to acquire 100% of Broken Coast CannabisSmallCapPower | January 16, 2018: Aphria Inc. (TSX:APH), a leading Canadian marijuana producer, has signed an agreement to acquire 100% of Broken Coast Cannabis Inc., a premium cannabis producer located in British Columbia for $230 million in stock and cash. The deal will add increm...Read More
Extracting a bulk sample at the Dumont nickel-cobalt project near Amos, northern Quebec. Source: RNC Minerals.RNC Minerals [RNX-TSX; RNKLF-OTCQX], also known as Royal Nickel Corp., says it is working to secure $1 billion to develop the world's largest undeveloped reserves of both nickel and cobalt at the company's flagship Dumont Project near Amos, northern Quebec. It hopes to start the constructi...Read More
Click to EnlargeNevada Exploration Inc. (TSX-V: NGE; OTCQB: NVDEF) is pleased to report that the results of the Company's Scorpion drill program have confirmed that the hydrothermal system that was active at Kelly Creek is gold-bearing over larger areas than previously known, with discrete zones of enriched gold in groundwater anchored to at least two clusters of >0.1 g/t gold in bedrock coveri...Read More
The Turkish scrap import market remained quiet on Tuesday January 16, with limited supplies available, especially from the USA, according to market sources.However, Turkish steel mills were expected to book 18-19 more cargoes for February, with four or five of these expected to be booked for the first half of the month."Turkish steel mills should book 18-19 more cargoes for February, but there are...Read More
Prices for short-sea scrap imports arriving in Spain have fallen by ?,?10 ($12) per tonne over the past week, which could lead to a dip in Turkish deep-sea import scrap prices, market sources told Metal Bulletin on Tuesday January 16. Weaker demand from Spanish mills has led to a fall in short-sea import prices for United Kingdom-origin HMS 1&2 (80:20), which was ?,?280-283 per tonne cfr northern...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Ely Gold Royalties (TSXV: ELY) (OTC: ELYGF) Options Gold Canyon Project to Fremont Gold Vancouver, British Columbia - January 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Ely Gold Royalties Inc. (TSXV: ELY) (OTC: ELYGF)("Ely Gold" or the "Company"...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF) Triples Land Position on BC War Eagle Cobalt Prospect Vancouver, British Columbia - January 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2DMG8)...Read More