LME aluminium's three-month price surpassed its 2018 high in intraday trading on Thursday April 22, with lead's price up by 1.3%, while nickel and copper retreated from their Wednesday prices at the close. Aluminium's price reached $2,375 per tonne on Thursday, taking out the May 2018 high of $2,374.50 per tonne to stand at a level last seen in October 2010. But the light metal closed at $2,3...Read More

A lack of automotive demand in the UK - and across the rest of the world - has driven secondary aluminium prices in the country to a two-month low, Fastmarkets heard on Thursday April 22.The global shortage of semiconductor chips, which has led to a temporary halt in automotive production across the UK and Europe, has weakened demand for secondary aluminium, putting downward pressure on ingot pric...Read More

Fastmarkets wishes to inform customers that it will change the way it publishes its downloadable weekly base metal premiums table PDF effective June 1 as part of the transition to the Dashboard, its dynamic, real-time data and news delivery platform.We will continue to publish our global base metal wraps on a weekly basis, providing the informative context and market detail that customers are accu...Read More

A summary of China's base metal imports for March 2021.Copper ore and concentrateMarch total: 2.17 million tonnes, up by 21.0% month on month,  up by 22.2% year on yearRefined copperMarch total: 354,853 tonnes, up by 28.8% month on month, up by 20.3% year on yearCopper scrapMarch total: 171,996 tonnes, up by 114.0% month on month, up by 90.6% year...Read More

China's Guangxi and Ningxia provinces recently issued notices on dual control on the total amount and intensity of energy consumption, fueling concerns over possible supply disruptions in the ferro-silicon and silico-manganese markets, which translated into price gains for both products this week.The Development and Reform Commission in Guangxi announced on Tuesday April 13 that it pledges to lowe...Read More

It is very easy to get excited about proof coins, seriously. What is not to like about proof coins? After all, you are dealing with coins that have precious metals in them. Whenever you have precious metals, you always have some level of protection. Sure, the price of gold or silver might keep going up or level. But at the very least, if inflation spikes up or there is a market crash tomorrow, or...Read More

Halifax, NS - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) ("Sona Nanotech" or the "Company"), a developer of rapid, point-of-care diagnostic tests is pleased to announce that it has received research ethics board approval for its clinical trial of the Sona Saliva C-19 Rapid Test. The trial, which will seek to test up to 500 emergency room patients suspected of having COVID-19, is expected to co...Read More

It touched US$2,891.20 per ounce yesterday, according to Reuters, and was worth $2,798/oz on the spot market at the time of writing.Gold also rose, nearing a two-month high and headed back towards $1,800/oz, trading about $1,795/oz on the spot market.In South Africa, Impala Platinum was up more than 5%, Northam Platinum was up 3.56% and Sibanye-Stillwater (JSE: SSW) was up 2.92%.In Australia, Chal...Read More

Vancouver, BC - Karus Gold Corp ("Karus Gold" or the "Company") announces additional high-grade gold drill results including 12.4 meters ("m") of 4.3 g/t gold in hole FG-20-376, starting at 239.4 m downhole in the Lower Zone of the FG Gold Project ("Project" or "FG Gold"), part of the 1,000 square kilometer ("km") South Cariboo Gold Property in British Columbia.Additionally, hole FG-20-376 whi...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) ("Venzee" or the "Company") a smart tech Software as a Service (SaaS) platform providing infinite scale for consumer brands to send product data to any retailer, announces today the appointment of Dr. John Sviokla to the Company's Board of Directors.Dr. Sviokla is a recognized expert on how firms can apply emerging technologies to create value...Read More

Vancouver, BC - LEAF Mobile Inc. (TSX: LEAF) ("LEAF" or the "Company"), Canada's leading free-to-play mobile game group, will release its fourth quarter and full year 2020 financial results on Thursday, April 29, 2021 after market close. Following the release, the Company will hold a conference call to discuss its performance with the investment community at 2:00 p.m. PT on the same day.Related ea...Read More

Met coal production fell by 14% year-on-year and 22% quarter on quarter, driven by the ongoing suspension of Anglo's Grosvenor and Moranbah North operations in Australia.Read More

A summary of China's battery raw materials imports for March 2021.In brief Imports of cobalt metal hit a new historical monthly high in March amid robust demand from cobalt refiners and battery materials producers looking to dissolve the metal to produce cobalt chemicals, while the Chinese New Year holiday (February 11-17) had caused a delay in customs clearance in February.Imports of flake graphi...Read More

A summary of China's battery raw materials exports for March 2021In brief Lithium carbonate exports decreased on yearly basis after higher domestic prices dented exporters' appetite to sell outside China, while overseas demand did not picked up to any notable...Read More

Turkish steel mills continued to book deep-sea scrap for June shipment, supported by strong export demand for rebar, market participants told Fastmarkets on Thursday April 22.A steel mill in the Iskenderun region booked a Venezuelan cargo, consisting of 25,000 tonnes of HMS 1&2 (80:20), at $424.50 per tonne cfr.This compared with the most recent Baltic Sea cargo, which was booked at $427 per tonne...Read More

A lack of automotive demand in the UK - and across the rest of the world - has driven secondary aluminium prices in the country to a two-month low, Fastmarkets heard on Thursday April 22.The global shortage of semiconductor chips, which has led to a temporary halt in automotive production across the UK and Europe, has weakened demand for secondary aluminium, putting downward pressure on ingot pric...Read More

The European Commission (EC) has issued merger control clearance for the planned joint venture (JV) between Aurubis and TSR Recycling on April 22, clearing the way for the partnership to go forward, Aurubis said.The two German companies announced their intention to form a JV that would unite the cable dismantling activities of Aurubis' subsidiary Cablo Metall-Recycling und Handel (Cablo) and those...Read More

A summary of Australian miner OZ Minerals' copper and gold production results for the first quarter of 2021, as released on Thursday April 22.In brief The company reported a solid operational performance during the first three months of the year, with group production guidance said to be on track.With...Read More

Aluminium prices on the London Metal Exchange set fresh multi-year highs on Wednesday April 21, while copper and tin shied away from previous highs, and the rest remain rangebound this morning.India reported 315,000 new Covid-19 infections on WednesdayHaven assets on the riseBase metalsLME three-month base metals prices were down across the board by an average of 0.4% this morning, but volume has...Read More

A summary of China's battery raw materials imports for March 2021.In brief Imports of cobalt metal hit a new historical monthly high in March amid robust demand from cobalt refiners and battery materials producers looking to dissolve the metal to produce cobalt chemicals, while the Chinese New Year holiday (February 11-17) had caused a delay in customs clearance in February.Imports of flake graphi...Read More