Benchmark alumina prices fell on Tuesday January 9, with limited buying interest seen for spot cargoes in the Pacific market, despite a recovery in smelter margins.Metal Bulletin's daily fob Australia alumina index was calculated at $390.43 per tonne on Tuesday, down from $393.36 per tonne the previous day.Market participants foresaw a price floor for the raw material last week, citing stronger al...Read More
Rise Gold (CSE:RISE) has released the assay results of the first drill hole completed at the Idaho-Maryland project in California. This hole was completed in 2017 and as we explained in our recently-released report, we were anxiously awaiting to see if Rise found more gold.As you might remember, this first hole was supposed to be a pilot hole, making it easier for Rise Gold to drill several holes...Read More
Chinese ferro-silicon prices continued to soften over the past week amid operational restarts in the country's Ningxia province, while the European market reached new highs on tightened supply. Chinese domestic prices edge lower amid production restarts Chinese exporters drop offers amid lack of buying interest European market realizes new highs on thin supplyUS spot market falls dormant, prices o...Read More
Vanadium pentoxide (V2O5) and ferro-vanadium prices had a strong start to 2018 last week, with supply concerns in focus as the markets came back from the Christmas break. Chinese V2O5 prices soar with upstream constraints in focusFerro-vanadium leads the way in Europe US ferro-vanadium prices higher but spot activity 'just getting started'Vanadium prices in China jumped last week amid limited sup...Read More
Chinese ferro-silicon prices continued to soften over the past week amid operational restarts in the country's Ningxia province, while the European market reached new highs on tightened supply. Chinese domestic prices edge lower amid production restarts Chinese exporters drop offers amid lack of buying interest European market realizes new highs on thin supplyUS spot market falls dormant, prices o...Read More
Shares of Invictus MD Strategies Corp. (TSXV:IMH) climbed on Monday after announcing a LOI to increase its ownership interest in AB LaboratoriesSmallCapPower | January 9, 2018: Invictus MD Strategies Corp. (TSXV:IMH), a platform for licensed cannabis producers in Canada, announced Monday that it has inked a Letter of Intent (LOI) to increase its ownership interest in AB Laboratories Inc., an Ontar...Read More
Auger drilling at the Bondoukou project northeast C??te d'Ivoire, West Africa. Photo courtesy Awale Resources Ltd.Shares of West Africa-focused Awale Resources Ltd. [ARIC-TSXV) began trading on the TSX Venture Exchange January 8, 2018.Built on assets that were spun out when Mariana Resources was acquired by Sandstorm Gold Ltd. [SSL-TSX, SAND-NYSE] in July 2017, Awale is actively exploring for gold...Read More
The 440 portal at the Snip Mine in the Golden Triangle of northwest British Columbia. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV] has released more impressive results from underground drilling at the company's flagship Snip gold project located in northwest British Columbia's fabled Golden Triangle. The 2017 underground drill program wrapped up on December 16, with a total of 8,6...Read More
Drilling on NuLegacy Gold's Iceberg prospect on its 100%-owned Redhill property in Eureka County on the Cortez Trend in Nevada. Source: NuLegacy Gold Corp.NuLegacy Gold Corp. [NUG-TSXV; NULGF-OTCQX] released some encouraging results Tuesday January 9 from a Nevada exploration property that has been tipped as a possible gold mine of the future.Exploration on NuLegacy's wholly-owned Redhill property...Read More
Click to Enlarge.Further along the mineralized corridor, results obtained at the vein and footwall zone of the Jazmin working in 2017 yielded up to 197 g/t Ag and 1.15 g/t Au over 1.7 m. A nearby breccia in the footwall zone returned 698 g/t Ag over 2.0 m. At the northeastern end of the program area, the Little Pit returned a 3.8 m interval that averaged 477 g/t Ag and 0.41% Cu. These results repr...Read More
Turkish steel mills continued their February bookings of scrap imports from the Baltic Sea region on Tuesday January 9, with the United States market still quiet because of the heavy winter conditions.A steel mill in the Iskenderun region booked a Baltic Sea cargo, comprising 24,000 tonnes of HMS 1&2 (80:20) at $374 per tonne, 5,000 tonnes of bonus at $384 per tonne and 1,000 tonnes of...Read More
INTL FCStone has merged its London Metal Exchange and precious metals departments, with the new unit headed by Barry Canham, the company said. In an email to the company's global metals team and seen by Metal Bulletin, INTL chief executive officer (CEO) for EMEA and Asia Philip Smith said that the move was made following the decision by Malcolm Leonard to retire after 46 years working in LME metal...Read More
Comex copper prices weakened Tuesday January 9 morning in the US, although the complex remains well-supported due to positive Chinese and US data released in the past few weeks.Copper for March settlement on the Comex division of the New York Mercantile Exchange dipped 0.70 cents or 0.2% to $3.2170 per lb."We remain bullish for copper's fundamentals and the price's action seems to be supporting th...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Canuc (TSXV: $CDA.V) Announces Breccia Discovery Toronto, Ontario - January 9, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide an update on exploration at the San Ja...Read More
Base metals prices trading on the London Metal Exchange are generally higher this morning, Tuesday January 9, with copper ($7,159 per tonne), aluminium, nickel and zinc up by between 0.2% and 0.5%, while tin prices are little changed and lead prices are bucking the trend with a 0.3% decline to $2,598 per tonne.Volume has been average, with 7,103 lots traded as of 07.23 am London time. This follows...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Vangold Mining (TSX: $VAN.V) (OTC: $VGLDF) Initiates Underground Drill Program at El Pinguico MineTargeting Stock Pile Resource and Continuation of El Pinguico Vein Vancouver, British Columbia - January 9, 2018 (Newsfile Corp.) (Investorideas.com Newswire)...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Tudor Gold (TSXV: $TUD.V) Reports 90.5m of 1.21 g/t Gold at Treaty Creek, Including 70.5m of 1.47 g/t Gold Vancouver, British Columbia - January 9, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports January 9, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest movements in the gold and silver markets, noting a falling dollar is supportive for...Read More
Flat steel buyers in the United Arab Emirates and Saudi Arabia preferred to delay their purchasing and see how the imposition of new 5% VAT regimes in both countries affects the market, sources told Metal Bulletin on Tuesday January 10.The UAE and Saudi Arabia both imposed a 5% rate of VAT with effect from January 1, 2018.The resulting confusion in the markets has seen buyers refrain from buying n...Read More
Via SovereignMan.comMay 6, 2010 started off as a pretty boring day.The most exciting stories from the morning's newspapers were reviews of the upcoming Iron Man 2 film.But all that changed at around 2:45pm when, without warning, the stock market crashed, and the Dow Jones Industrial Average dropped 1,000 points within minutes.It was unprecedented... especially because there was absolutely no reaso...Read More