Recent News

DAILY SCRAP REPORT: Mills continue negotiating for May cargoes

April 16, 2019 / www.metalbulletin.com

Turkish steel mills had a quiet start to the week in the deep-sea scrap markets, but market participants are expecting more bookings for May deliveries, sources said on Monday April 15.There were no new deep-sea transactions done on Monday, but mills continued to negotiate on May cargoes for lower prices, Fastmarkets heard. Some traders reported that mills were bidding for US-origin HMS 1&2 (80:20...Read More

TURKEY FERROUS SCRAP: Domestic auto bundle prices up; ship scrap values down on weak lira

April 16, 2019 / www.metalbulletin.com

Turkish domestic auto bundle scrap prices have increased over the past week, while domestic ship scrap prices moved downwards on a weak lira, sources said on Monday April 15.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,730-1,870 ($300-325) per tonne delivered on Monday, compared with TRY1,695-1,870 per tonne last week. The slight change in the...Read More

ITALY FERROUS SCRAP: Domestic prices down on poor demand

April 16, 2019 / www.metalbulletin.com

Domestic prices for ferrous scrap in Italy have decreased over the past month, sources told Fastmarkets on Monday April 15.The monthly price assessment for Italian grade-E3 scrap was ?,?260-275 ($294-311) per tonne delivered on April 15, compared with ?,?270-285 per tonne delivered in the previous month.The reasons behind the decrease were slower scrap buying activity by Italian mills, lack of dem...Read More

IRON ORE DAILY: Prices correct, but high-grade ore still strong

April 16, 2019 / www.metalbulletin.com

Seaborne iron ore prices went through corrections on Monday April 15, while prices for high-grade products remained robust, Fastmarkets has heard.MB 62% Fe Iron Ore Index: $95.42 per tonne cfr Qingdao, down by $1.05 per tonne.MB 62% Fe Pilbara Blend Fines Index: $94.20 per tonne cfr Qingdao, down by $1.54 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $98.57 per tonne cfr Qingdao, up by $0.25 per...Read More

COKING COAL DAILY: cfr China PCI price strengthens

April 16, 2019 / www.metalbulletin.com

The cfr China low-vol pulverized coal injection (PCI) segment of the seaborne coking coal market picked up some strength on Monday April 15 after an end user with an urgent need of materials paid a slightly higher-than-expected price for a cargo.A shipment of second-tier PCI that is on its way to China was heard to have been sold to the mill in southern China at $132.50 per tonne cfr China.Market...Read More

Seaborne iron ore pellet, concentrate buying improves amid high-grade recovery

April 16, 2019 / www.metalbulletin.com

The transaction prices and volumes of seaborne iron ore pellets and concentrate picked up in the week to Friday April 12 due to recovering demand for high-grade materials from Chinese steelmakers.PelletsFastmarkets' weekly MB 65% Fe Blast Furnace Pellet index was at $127.50 per tonne cfr China on Friday, up by $1.37 per tonne from a week earlier.While an unspecified brand of 64% Fe Indian pellet w...Read More

GERMANY FERROUS SCRAP: Domestic prices largely stable on good demand

April 16, 2019 / www.metalbulletin.com

German steelmakers have settled monthly scrap contracts for April at largely stable prices, sources told Fastmarkets.Fastmarkets' monthly price assessment for domestic grade E3 scrap in Germany was ?,?265-285 ($299-322) per tonne delivered on April 12, unchanged over the month. The assessment represents deals heard in the market. The negative impact from the decrease in international scr...Read More

Strike action passes 60-day mark

April 16, 2019 / www.mining-journal.com

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixThe company had reported the action in February and yesterday said Apri...Read More

Jiulian reports big hit at Big Kidd

April 16, 2019 / www.mining-journal.com

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixJiulian reported a 541m intercept from 6m grading 0.41g/t gold-equivale...Read More

LIVE FUTURES REPORT 15/04: Base metals prices consolidate in low-volume LME trading; Zinc-lead switch nears $1,000/t

April 16, 2019 / www.metalbulletin.com

Base metals prices on the London Metal Exchange consolidated during morning trading on Monday April 15, with prices broadly rangebound amid low volumes while a price difference of nearly $1,000 per tonne continues to separate zinc and lead futures. Three-month copper continues to trade just below $6,500 per tonne after climbing by just under 2% last week. The red metal's on-warrant stock levels re...Read More

Midland gets BHP boost

April 16, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxBHP has agreed to subscribe for 3.44 million Midland units at C$1.70 for total investment of $5.85 million. Each unit comprises a common share and purchase warrant entitling the holder to buy another share at $2.05 for 18 months.The investment gives BHP a 5% stake in the company.Eastern promise for PolarXSPONSOREDpolarx"This investment will provide Midland...Read More

Glencore's Katanga restarts limited exports of cobalt hydroxide

April 16, 2019 / www.metalbulletin.com

Sales and exports of cobalt hydroxide produced at Glencore's Katanga Mining in the Democratic Republic of Congo have restarted at a limited rate. About 930 tonnes of contained cobalt that has been processed to comply with regulations on uranium levels have been produced since January 2019 - about 22.5% of the mines production since the beginning of the year, Katanga Mining said on Monday April 15....Read More

MMTA CONF: Gloomy minor metal market sentiment on heightened Fanya stock release fears

April 16, 2019 / www.metalbulletin.com

One concern at this year's Minor Metals Trade Association (MMTA) conference overshadowed all other bearish factors affecting minor metals prices this year: the potential release of metal stocks held by the failed Fanya Metal Exchange. While global uncertainty and oversupply continue to weigh on minor metals price sentiment in 2019, as expected, most delegates on the sidelines of the conference in...Read More

Europe Al-226 ingot price at almost five-month low; scrap follows

April 16, 2019 / www.metalbulletin.com

Secondary aluminium ingot prices in Europe fell to their lowest level since November 23, 2018 on April 12 and European scrap prices, having previously held relatively firm, finally fell in line.Fastmarkets assessed the premium for European aluminium pressure, die-casting ingot DIN226/A380, at ?,?1,430-1,470 per tonne on a delivered consumer-works basis on Friday April 12, down ?,?10 per tonne at t...Read More

American Pacific signs JV ?EUR?with OceanaGold

April 16, 2019 / www.northernminer.com

In its fourth joint-venture deal in Nevada over the last six months, OceanaGold (TSX: OGC; ASX: OGC) will invest US$4 million for the next four years to earn a 51% stake in American Pacific Mining's (CSE: USGD; US-OTC: USGDF) Tuscarora gold project.OceanaGold's other three joint ventures are with Bravada Gold (TSXV: BVA) on its Highland project in Nevada's Walker Lake district, and with Renaissanc...Read More

Mining Journal maps the METS world

April 16, 2019 / www.mining-journal.com

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixAfter a deep and damaging mine capital and operating investment trough...Read More

Tommy Christiana | New York

April 16, 2019 / www.youtube.com

The Northern Video Parts proudly presents our first video.Tommy Christiana chose to film his video in the beautiful city of New York. Spending a week on this project with the talented Ryan Ruegg behind the lens to properly capture Tommy's beautiful and unique style that we all know and love. Please enjoy, and appreciate all the hard work put into this video. Rider: Tommy Christiana Film/Edit: Ryan...Read More

Tommy Sotomayor Does The Movie "US" Review With Spoilers! What I Liked & Didnt Like About The Movie!

April 16, 2019 / www.youtube.com

To Talk and chat live go to https://www.youtube.com/watch?v=HX4M8...click here to join the new IG Jumpoff Channel https://www.youtube.com/channel/UC3Th...click here to subscribe to the new TNN Raw Channel https://www.youtube.com/watch?v=09iZi...CLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU & PURCHASE TICKETS FOR THE ANTI PC TOUR! https://www.sotomayorent.com/preorder...donate at...Read More

#CloutChasing101 Just Go After Tommy Sotomayor Until He Finally Responds! Watch

April 16, 2019 / www.youtube.com

To Talk and chat live go to https://www.youtube.com/watch?v=HX4M8...click here to join the new IG Jumpoff Channel https://www.youtube.com/channel/UC3Th...click here to subscribe to the new TNN Raw Channel https://www.youtube.com/watch?v=09iZi...CLICK HERE TO SEE WHAT CITY TOMMY SOTOMAYOR WILL BE IN NEAR YOU & PURCHASE TICKETS FOR THE ANTI PC TOUR! https://www.sotomayorent.com/preorder...donate at...Read More

Downside Risk in Gold & Gold Stocks

April 16, 2019 / www.miningfeeds.com

The big picture fundamentals for precious metals have been trending more bullish in recent months as expectations for the Federal Reserve went from a few rate hikes in 2019 to an expectation of a rate cut within the next 12 months. That is aligned with the peak in the 2-year yield and growing concerns over slowing growth globally.However, that doesn't preclude a temporary improvement in the econom...Read More

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