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Cordoba Minerals Reports Updated Mineral Resource Estimate for the Alacran Deposit

February 26, 2018 / feedproxy.google.com

TSX VENTURE: CDBwww.cordobaminerals.com Mr. Mario Stifano reports: Improved Geological Confidence in Copper and Gold Mineralization;Alacran Deposit Remains Open for Resource Expansion Toronto, Ontario--(Newsfile Corp. - February 26, 2018) - Cordoba Minerals Corp. (TSXV: CDB) (OTCQX: CDBMF) ("Cordoba" or the "Company") is pleased to announce an updated Mineral Resource estimate for the Alacran...Read More

Graphite Energy Corp. to Start Drilling at Lac Aux Bouleaux Graphite Property

February 26, 2018 / feedproxy.google.com

CSE: GREwww.graphiteenergycorp.com Mr. Afzaal Pirzadi reports:VANCOUVER, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Graphite Energy Corp. (CSE:GRE) (OTC:GRXXF) (FWB:G0A) (the "Company) has signed a drilling contract with George Downing Estate Drilling Ltd. of Abitibi, Quebec, to start drilling at its Lac Aux Bouleaux Graphite Property (the "LAB Property") on or about March 10, 2018. The d...Read More

LIVE FUTURES REPORT 27/02: Comex copper price extends rout on dollar strength

February 27, 2018 / www.metalbulletin.com

Comex copper prices were once again trading in negative territory on Tuesday February 27, with the complex under pressure due to a surging dollar. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 1.95 cents or 0.6% to $3.1930 per lb. The red metal has now slipped for three consecutive sessions. The US dollar is driving the marketplace right now, with a lack...Read More

Historic smelter payable structures affect bull cases for lead, zinc

February 27, 2018 / www.metalbulletin.com

Historic payment structures are enabling zinc smelters to raise primary output even as market-related terms such as metal premiums and concentrate treatment charges remain low; but the opposite is true for lead. Zinc smelters which process concentrates into refined metal only have to pay for 85% of the zinc metal contained in concentrate they purchase, but generally utilize 97% or more. Lead smelt...Read More

Pretium Resources Inc.: Brucejack Mine Ramp-Up Advances

February 26, 2018 / feedproxy.google.com

TSX: PVGwww.pretivm.com Mr. Joseph Ovsenek reports:VANCOUVER, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Pretium Resources Inc. (TSX:PVG) (NYSE:PVG) ("Pretivm" or the "Company") is pleased to report that the ramp-up continues to advance at the high-grade gold Brucejack Mine, and the mine remains on track to reach steady state production mid-to-late 2018.  Additionally, an exploration...Read More

EGA's primary aluminium output hits record high in 2017

February 27, 2018 / www.metalbulletin.com

Primary aluminium production at Emirates Global Aluminium (EGA) rose 4% to a record 2.6 million tonnes in 2017, the aluminium producer said on Tuesday February 27. EGA sells about 10% of its production to customers in the United Arab Emirates. It sold 268,000 tonnes of aluminium metal to customers in the UAE in 2017, compared with 262,000 tonnes - including sales of hot liquid metal to customers l...Read More

Wesdome Increases Eagle River Underground Mine Mineral Reserves by 21% to 416,000 Ounces at an Increased Grade by 32% to 12.2 g/t Gold

February 26, 2018 / feedproxy.google.com

TSX: WDOwww.wesdome.com Mr. Duncan Middlemiss reports:TORONTO, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO) ("Wesdome" or "the Company") is pleased to announce increased Mineral Reserves to 416,000 ounces of gold, net of depletion, (53,428 ounces) at its operating Eagle River Underground Mine located west of Wawa, Ontario. Mineral Reserves and Resources are updated as at Dec...Read More

NORTH AMERICAN MORNING BRIEF 27/02: LME base metals firm; Para authorities order production cut at Alunorte refinery; China's refined zinc imports jump

February 27, 2018 / www.metalbulletin.com

The latest metal markets news and price moves to start the North American day on Tuesday February 27.Base metals prices on the London Metal Exchange were mostly firmer during morning trading, but no significant movements are taking place.The three-month aluminium price was $20 higher as it pushed back above $2,150 per tonne after further cancellations at LME-listed warehouses. 24,900 tonnes was ca...Read More

Lundin Gold Announces US$400 Million Private Placement

February 26, 2018 / feedproxy.google.com

TSX: LUGwww.lundingold.com Mr. Lukas Lundin reports:VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 25, 2018) - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG) (OMX:LUG) is pleased to announce a US$400 million equity private placement financing (the "Private Placement"). The Private Placement, coupled with the recent lenders' commitments for a senior debt facility, substantially compl...Read More

EGA's alumina, bauxite projects on track to start production in 2019

February 27, 2018 / www.metalbulletin.com

Emirates Global Aluminium's (EGA) strategic upstream integration projects, Al Taweelah alumina refinery in Abu Dhabi and Guinea Alumina Corp (GAC) bauxite mine in the Republic of Guinea, are making "strong progress", the company said on Tuesday February 27. Work on the Al Taweelah alumina refinery is 76% complete and alumina output is expected to begin in the first half of 2019, EGA said. The Al T...Read More

Lucara Diamond Announces Acquistion of Clara Diamond Solutions Corporation

February 26, 2018 / feedproxy.google.com

TSX: LUCwww.lucaradiamond.com Ms. Eira Thomas reports:VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 25, 2018) - Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC) (BOTSWANA:LUC) (NASDAQ OMX Stockholm:LUC) wishes to announce the acquisition of Clara Diamond Solutions Corp. ("Clara"), a company whose primary asset is a secure, digital sales platform that will transform how rough diamonds...Read More

Xanadu Mines: Stockwork Hill - Further Significant Mineralisation

February 26, 2018 / feedproxy.google.com

ASX: XAMwww.xanadumines.com Mr. Andrew Stewart reports:West Perth, WA / February 26, 2018 / JMN Wire / Xanadu Mines Ltd (ASX: XAM) ("Xanadu" or "Company") is pleased to provide an update on exploration activities currently being undertaken at its flagship Kharmagtai copper and gold project located in the South Gobi region of Mongolia (Figures 1 and 2). The accelerated exploration programme continu...Read More

Artemis Resources: 4,500t Processing Approvals Granted for Conglomerate Gold

February 26, 2018 / feedproxy.google.com

ASX: ARVwww.artemisresources.com.au Mr. David Lenigas reports:West Perth, WA / February 26, 2018 / JMN Wire / Artemis Resources Limited (ASX: ARV) ("Artemis" or "the Company") is pleased to announce that it has now received all the necessary approvals and permits required to process the first 4,500 tonnes of gold bearing conglomerates at the Company's Radio Hill plant site located 25km south of Ka...Read More

Earnings at Mexico's ICH down 11% in Q4 2017

February 27, 2018 / www.metalbulletin.com

Earnings at Mexican steel group Industrias CH (ICH) fell by 11% year-on-year in the fourth quarter of 2017 because of the lower volumes sold.Earnings before interests, taxes, depreciation and amortization (Ebitda) amounted to 1.34 billion pesos ($72 million) during the quarter, compared with 1.51 billion pesos a year earlier, the company said in a report to the Mexican stock exchange on Monday Feb...Read More

Graphite Energy Corp. to Start Drill Program at Lac Aux Bouleaux Graphite Property

February 23, 2018 / feedproxy.google.com

CSE: GREwww.graphiteenergycorp.com Mr. Afzaal Pirzadi reports:VANCOUVER, British Columbia, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Graphite Energy Corp. (CSE:GRE) (OTC:GRXXF) (FWB:G0A) (the "Company) is pleased to announce it has decided to commence a drill program at its Lac Aux Bouleaux Graphite Property (the "LAB Property"). The program is a follow up of the promising results from its recen...Read More

Earnings at Mexico's Grupo Simec up 6% in Q4 2017

February 27, 2018 / www.metalbulletin.com

Mexican steelmaker Grupo Simec increased its earnings by 6% year-on-year in the fourth quarter of 2017, amid lower costs and expenses, but did not manage to keep itself in profit for the three months.Earnings before interests, taxes, depreciation and amortization amounted to 1.13 billion pesos ($61 million) during the period, up from 1.06 billion pesos in the fourth quarter of 2016, the company sa...Read More

Endeavour Mining Provides Construction and Exploration Update for Ity Mine

February 23, 2018 / feedproxy.google.com

TSX: EDVwww.endeavourmining.com Mr. S?(C)bastien de Montessus reports: CIL construction is on-time and on-budget ? Maiden resource announced on ~25% of the Le Plaque area CIL CONSTRUCTION IS ON-TIME AND ON-BUDGET  Construction remains on-time and on-budget with first gold pour expected mid-2019Concrete works are tracking well, with all eight ring beams and the SAG mill foundation pour c...Read More

ArcelorMittal to invest $20 mln to expand Neuwied service center

February 27, 2018 / www.metalbulletin.com

ArcelorMittal is planning to invest a further ?,?10 million ($12.31 million) by the end of this year in the expansion of its service center in Neuwied, Germany, the company said on Tuesday February 27.It had already invested ?,?6.5 million this year before the end of February, so that will bring the total for 2018 to ?,?16.5 million.The steelmaker processes flat steel at the site, which mainly com...Read More

Flat Steel Products Trade Log, February 27, 2018

February 27, 2018 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transactions: HRC, CRC, HDGHot-rolled coilChina, export, hot-rolled coil (2mm), offered at $620-630 per tonne cfr, to the UAE.India, export, hot-rolled coil (2mm), offered at $650-660 p...Read More

Semi-finished Steel Products Trade Log, February 27, 2018

February 27, 2018 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for steel billet, slab and bloom. Latest transactions: billetBilletIran, export, billet, traded at $535-540 per...Read More

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