Brazilian iron ore export volumes to China were virtually unaltered in February, decreasing by only 0.58% on an annual basis, amid lower sales prices.Shipments totaled 13.67 million tonnes, compared with 13.75 million tonnes a year before, according to figures released by Brazilian foreign trade ministry MDIC on Monday March 5.In the same comparison, the average fob iron...Read More

Turkish domestic scrap prices strengthened over the past week, in line with rising imported scrap costs, sources said on Monday March 5.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was TRY1,260-1,400 ($331-367) per tonne delivered on March 5, narrowing upward from last week's TRY1,230-1,400 per tonne.The change came about after a number of steel mil...Read More

Iron ore prices fell on Monday March 5 after China's ferrous futures weakened across the board.Metal Bulletin's 62% Fe Iron Ore Index Today: $77.03 per tonne cfr QingdaoDaily change: down by $1.31 per tonneMonth-to-date average: $78.25 per tonneMetal Bulletin's 58% Fe Premium Index Today: $60.78 per tonne cfr QingdaoDaily change: down by $0.89 per tonneMonth-to-date average: $61.50 per tonneMetal....Read More

Seaborne iron ore prices softened on Monday March 5 amid a weakening of ferrous futures in China. Key drivers The decline in the futures market weighed on the spot prices for both steel and iron ore. A number of traders lowered their offers to generate some buying interest. For instance, March-delivery cargoes of 61% Fe Pilbara Blend fines were offered at $75-75.25 per tonne cfr. There were also M...Read More

The seaborne coking coal market took a breather on Monday March 5 with end-users still waiting on the sidelines for a clearer trend to form. A prompt cargo of lower-ranked second-tier product was transacted at $200 per tonne cfr China, sources said. There are at least nine March- and April-laycan cargoes of premium materials being offered in the seaborne market, according to various sources. "Thre...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 ore Iron oreAnshan Iron & Steel, Beijing Iron Ore Trading Center (Corex),...Read More

Chinese silicon metal export prices continued to edge up on Friday March 2 amid renewed buying interest from Japanese buyers last week. Metal Bulletin's Chinese grade 553 silicon metal export price moved up to $2,010-2,050 per tonne on Friday, up 0.2% from the previous week. Tightness on spot availability persisted and is expected to be a dominant theme for March as a result of the halt of op...Read More

Supply tightness pushed European antimony prices higher again over the past week, while the Chinese market was quiet with most consumers adopting a wait-and-see stance following the break for Chinese New Year.The European antimony market strengthened again this past week, with many sellers reluctant to part with material ahead of any further increases prompted by recovering Chinese demand. But som...Read More

Base metals traded on the London Metal Exchange are for the most part weaker this morning, Monday March 5, with the complex down by an average of 0.4%.Nickel leads on the downside with a 1.1% fall, copper prices are down by 0.4% at $6,887 per tonne and tin is the only metal where prices are higher, up by 0.2% at $21,595 per tonne.Volume has been high with 10,045 lots traded as of 07.30am London ti...Read More

A high availability of scrap put pressure on European floated frag and cast prices on Friday March 2, with Metal Bulletin's assessments dropping for the first time since September 15, 2017. Metal Bulletin's prices for floated frag for delivery in Europe, fell to ?,?1,280 -1,310 ($1,577-1,614) per tonne in Friday's assessment from ?,?1,300-1,330 per tonne seven days earlier, while European cas...Read More

The British government has delayed a decision on whether to allow a new open pit coal mine in Northumberland, in the country's north east, without elaborating on the reasons that motivated such decision.The county's council granted permission in 2016 to developer The Banks Group to build its Highthorn surface mine, slated to extract 3 million tonnes of coal near Druridge Bay.But the minister for...Read More

West Africa-focused Stellar Diamonds (LON:STEL) posted Monday a deeper first-half loss due to an increase in costs of developing its Tongo-Tonguma project in eastern Sierra Leone.Delivering interim results for the six months to Dec. 31, chief executive Karl Smithson said market conditions for junior miners attempting to raise funds remained "extremely difficult."The executive noted the company, wh...Read More

Australia's Lucapa Diamond (ASX:LOM) said Monday it had achieved gross proceeds of $1.7 million (A$2.1 million) from selling 2,072 carats recovered at its prolific Lulo mine in Angola.The sale, the second this year, included a 1.9-carats vivid pink diamond and a 44-carats rock, the largest in the parcel.The figure obtained represents an average price per carat of $804, the company said, adding tha...Read More

https://www.reuters.com/TORONTO (Reuters) – Lundin Gold Inc has a hearty appetite for growth even as the Canadian miner focuses on building its first mine in Ecuador on time and budget, Chief Executive Ron Hochstein said on Sunday."We want to grow to be an at least 1-million-ounce-a-year producer with three to four operations," Hochstein said in an interview with Reuters at the Prospectors a...Read More

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Australia's Lucapa Diamond (ASX:LOM) said Monday it had achieved gross proceeds of $1.7 million (A$2.1 million) from selling 2,072 carats recovered at its prolific Lulo mine in Angola.The sale, the second this year, included a 1.9-carats vivid pink diamond and a 44-carats rock, the largest in the parcel.The figure obtained represents an average price per carat of $804, the company said, adding tha...Read More

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