(Kitco News) - Expected exponential demand for electric vehicles (EV) is breathing new life into a well-established polymetallic project in Canada’s Yukon Territory.Nickel Creek Platinum (TSX: NCP), formerly known as Wellgreen Platinum is well positioned to take advantage of growing need for battery-grade nickel sulfide, according to the company executives.It has been nearly two years since...Read More

INTL FCStone looks for gold prices to perform better in July than they did during a “miserable” month for the metal in June. Analysts expressed surprise that gold fell last month, considering the dollar index “flatlined,” Treasury yields fell, inflation picked up in the U.S. and Europe and equity markets were wobbly. They chalked up gold’s declines to the general rout...Read More

Some strength emerged in the three-month base metals prices on the London Metal Exchange on the morning of Monday July 9, with all of the metals posting gains that averaged 1% as at 7.06am London time. Volume has been above average with 10,063 lots traded. This follows a mixed performance on Friday, when nickel, lead, tin and copper prices dropped, while aluminium and zinc prices rallied. A large...Read More

As we wrote on Friday, gold had at least another $20 to rally before it would find resistance. Gold is now up $15 from Friday's low and should start to run into some resistance. The $1,275 level should act as the first stopping point for this current rally. The rally -- whether it's real or just a dead-cat bounce from oversold conditions --should see some sellers come in between $1,275 an...Read More

Prices for ammonium paratungstate (APT) dropped in both China and Europe last week after some idled smelters in Jiangxi province restarted operations, coinciding with the start of the summer demand lull. Chinese, European APT prices under pressure  Partial APT production restarts in Jiangxi province  Spread between prompt and shipment APT prices narrows amid weak demand Metal Bulletin's...Read More

(Kitco News) - Barrick Gold Corp. (NYSE: ABX, TSX: ABX) has entered into an “enhanced strategic cooperation agreement” to share information with China’s Shandong Gold Group Co., Ltd. and possibly undertake new projects or acquisitions together, Barrick said Monday.The document builds on an April 2017 deal in which Shandong acquired 50% of Barrick’s Veladero mine in Argentin...Read More

NEW MADRID COUNTY, Mo. (Reuters) - People don't talk about trade tariffs in this stretch of the Mississippi River basin, where grains and metals have paid the bills for generations.They skirt the subject at church fundraisers and sidestep it at Jerry's Caf?(C) and Quick Stop, where farmers and aluminum workers gossip about everything else.Here, the winners and losers in U.S. President Donald Trump...Read More

* Copper cash to threes discount narrows * Lead cancelled warrants at 50 percent (Recasts, adds comment, changes dateline from Melbourne)By Pratima DesaiLONDON, July 9 (Reuters) - Copper rallied on Monday alongside other commodities and equities as worries about growth receded, but an escalating trade dispute between the United States and China is expected to cap prices.Benchmark copper on the Lon...Read More

Turkish deep-sea scrap import prices went down slightly on Monday July 9 with the news of a Baltic Sea cargo being sold last week.A steel mill in the Iskenderun region booked a Baltic Sea cargo comprising 12,000 tonnes of HMS 1&2 (95:5) at $360 per tonne cfr on Wednesday July 4.After the news of this deal was heard, the daily scrap indices slipped on...Read More

As electric vehicles have grown in popularity, increasing attention has been placed on raw materials such as lithium, cobalt and nickel for batteries, but the story extends further.Fully electric vehicles will require four times as much copper as internal combustion engine vehicles, and the infrastructure for charging them will see an increased demand for copper or aluminium cables. Also, as...Read More

Coeur Mining, Inc. (NYSE: CDE) has upped full-year production guidance. The company lists second-quarter production of 3.2 million ounces of silver and 94,052 ounces of gold, or 8.8 million silver-equivalent ounces. Output was higher than in the year-ago period at most Coeur mines. The company says it hiked full-year production guidance to a range of 37.3 million to 40.5 million silver-equivalent...Read More

Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space.  As announcements on EV targets by automakers and governments grew ever more bullish, panic around the security of raw material supply started to build - reinforced by unsuccessful attempts by auto industry giants to lock in long-term supply deals.The supply scramble has continued into 2018...Read More

Turkish domestic auto bundle (DKP grade) scrap prices have strengthened with improving demand over the past week, while ship scrap prices have only shifted sideways, sources said on Monday July 9.Alloy long steel producer Asil ??elik raised its buy price by TRY50 ($11) per tonne to TRY1,680 ($367) per tonne delivered, while long and flat steel producer ??olakoglu increased its buy price for auto b...Read More

Physical iron ore prices for mainstream 62% Fe Australian fines saw modest gains on Monday July 9 following paper market increases.Metal Bulletin 62% Fe Iron Ore Index: $63.92 per tonne cfr Qingdao, up $0.08 per tonneMetal Bulletin 62% Fe Pilbara Blend fines Index: $62.61 per tonne cfr Qingdao, up $0.39 per tonneMetal Bulletin 58% Fe Premium Index: $51.43 per tonne cfr Qingdao, down $0.09 per tonn...Read More

The seaborne coking coal spot market saw a flurry of transactions on Monday July 9, though Chinese end-users remained on the sidelines. "We have decided to take our time because we have sufficient levels of inventory as of now. There is also some congestion at our port of discharge at the moment," a procurement source in northeast China said. He had submitted a firm bid for a cargo of premium mid-...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade.Canadian Pacific (CP $237.23 Cdn.) is expected to open higher after Raymond James upgraded the stock to a Strong Buy. Target price is $275 Cdn.Anadarko (APC $73.66) is expected to open higher after adding $1 billion to its share buyback program. The company also intends to reduce its debt...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara Blend fines, sold at $61.60 per tonne cfr China, laycan July 30-August 8.Rio...Read More

Seaborne iron ore concentrates and pellet prices increased in the week ending Friday July 6 as high-grade and low-alumina products continued to be favored by the market. Iron ore concentratesThe weekly Metal Bulletin 66% Fe Concentrate Index was $97.15 per tonne cfr China on July 9, up by $2.83 per tonne - or 3% - from $94.32 per tonne cfr a week earlier. The daily Metal Bulletin 65% Fe...Read More

The growing interest and investment in electric vehicles (EVs) and energy storage requires you to better understand the lithium, cobalt, nickel and graphite markets.The Battery Raw Materials Service provides the industry's most comprehensive analysis of this booming market within the metals sector, integrating our leading coverage of the energy 'decarbonisation' story with world-class metals analy...Read More

China's steel futures rose during morning trading on Monday July 9 despite a continual softening of the physical market last week.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,816 yuan ($574.40) per tonne, up 34 yuan per tonne October hot-rolled coil: 3,892 yuan per tonne, up 34 yuan per tonne Dalian Commodity Exchange...Read More