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IN CASE YOU MISSED IT: 5 key stories from May 27

May 28, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pan...Read More

IsoEnergy Stakes Six New Uranium Exploration Properties in the Eastern Athabasca Basin

May 27, 2020 / kincommunications.com

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce the acquisition through staking of six new uranium exploration properties totaling over 57,000ha in the prolific Eastern Athabasca Basin of Saskatchewan (Figure 1). All of the new claims are 100% owned by IsoEnergy.New Property Summary:Hawk: 6,000ha located 37km west of Larocque East, home of the Hurricane Zon...Read More

Engineering a revival

May 27, 2020 / www.mining-journal.com

A study of the often overlooked E&C sector by Citi, an investment bank, found that leading Australian mining service providers such as Monadelphous and NRW Holdings have been oversold on the stockRead More

Gold Update: Buying Opportunity Coming Soon

May 27, 2020 / news.goldseek.com

By: Gary SavageI warned you about this situation. Gold's option expiration on Tuesday. Usually see an attack. The triangle consolidation pattern was blocked and not allowed to get follow-through, the technical will transform into a box:https://blog.smartmoneytrackerpremium.com/Read More

Precious Metals Update Video: Trying to get back to normal, Gold has strong support just below

May 27, 2020 / news.goldseek.com

By: Ira EpsteinGold dropped because of the strong equity markets, but not the tech sector -- stalling. Gold's trend is down in the short-term:Read More

Asian Metals Market Update: May-27-2020

May 27, 2020 / news.goldseek.com

Spot gold is higher than comex gold futures after a very long-term time. Silver, copper and crude oil will remain firm on demand outlook and mine supply pressure. Trend of all metals, energies and US dollar Index till 2nd June can be misleading. Trend between 3rd June to 17th June will be sustainable. COVID is getting less attention now. Focus is on jobs and economy. COVID infections once world...Read More

Antamina copper, zinc mine resumes ops after Covid-19 suspension

May 28, 2020 / www.metalbulletin.com

The Antamina copper and zinc mine in Peru has resumed operations following its shutdown due to the Covid-19 pandemic, shareholder Teck Resources said.The Vancouver, Canada-based miner, which has a 22.5% stake in Antamina, said that a reduced operating workforce had been mobilized with plans to start off at roughly 80% of full capacity after operations at Antamina were suspended last month to...Read More

Anglo/Harmony deal still on: Steenkamp

May 27, 2020 / www.mining-journal.com

Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click hereSteenkamp told a virtual panel of industry leaders yesterday the fact 196 people had tested positive for COVID-19 at AngloGold's Mponeng gold mine would not affect t...Read More

IN CASE YOU MISSED IT: 5 key stories from May 27

May 28, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pan...Read More

MINOR METALS MARKET REPORT 27/05: Antimony falls again; higher deals support selenium

May 28, 2020 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for their latest price moves.Read More

IN CASE YOU MISSED IT: 5 key stories from May 27

May 28, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pan...Read More

DAILY SCRAP REPORT: Market stays quiet after holiday lockdown

May 28, 2020 / www.metalbulletin.com

The Turkish deep-sea scrap import market was quiet on Wednesday May 27, with market participants returning after a four-day lockdown, sources told Fastmarkets.The whole country was under lockdown to prevent the further spread of the Covid-19 virus during the Eid al-Fitr celebrations - which are held to mark the end of Ramadan and took place between the night of Friday May 22 and the...Read More

FOCUS: 8 key effects of China's 'twin sessions' on global commodities trade

May 28, 2020 / www.metalbulletin.com

The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pandemic.Market participants harbor mixed sentiment over the impact of the policy measures. Here are eight...Read More

Antamina copper, zinc mine resumes ops after Covid-19 suspension

May 28, 2020 / www.metalbulletin.com

The Antamina copper and zinc mine in Peru has resumed operations following its shutdown due to the Covid-19 pandemic, shareholder Teck Resources said.The Vancouver, Canada-based miner, which has a 22.5% stake in Antamina, said that a reduced operating workforce had been mobilized with plans to start off at roughly 80% of full capacity after operations at Antamina were suspended last month to...Read More

MORNING VIEW: Markets mixed; rebound hopes running high, but participants remain nervous about US response to China over Hong Kong

May 28, 2020 / www.metalbulletin.com

Broad markets and the metals were mixed this morning, Wednesday May 27, while participants brace for what United States President Donald Trump's response will be to China's plans to impose national security laws in Hong Kong, which he said will be announced by the end of the week. China's CSI 300 and Hong Kong's Hang Seng indices were weaker this morning, while in other areas the focus seems to be...Read More

Trump's Next Trade War and Why It's Going to Hurt

May 27, 2020 / www.energyandcapital.com

Whenever the electric vehicle boom comes to mind, there's always one powerful quote that comes to mind.I'll bet you know the one I mean.Decades ago, Rashid bin Saeed Al Maktoum delivered these prophetic words to us:My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a camel.He was the first Prim...Read More

IN CASE YOU MISSED IT: 5 key stories from May 27

May 28, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pan...Read More

Turkey uses WTO to threaten EU with tit-for-tat import duties on steel products

May 28, 2020 / www.metalbulletin.com

Turkey has told the World Trade Organization (WTO) that it is planning to impose import duties on certain steel products from the European Union.On Monday May 25, Turkey informed the WTO that it plans to impose an additional duty of 9-17% on steel product imports from EU. The products to be affected are hot-rolled flat steel under HS code 7208, cold-rolled flat steel under HS code 7...Read More

EUROPE HRC: Domestic steelmakers to raise offers despite scarce demand

May 28, 2020 / www.metalbulletin.com

European steelmakers will attempt to increase domestic prices for hot-rolled coil despite poor demand, sources told Fastmarkets on Wednesday May 27.Fastmarkets' daily steel hot-rolled coil index, domestic, exw Northern Europe, was unchanged day on day at ?,?407.50 ($446.38) per tonne ex-works on May 27.Wednesday's index was calculated based on "workable" prices heard at ?,?400-410 per tonne ex-wor...Read More

IN CASE YOU MISSED IT: 5 key stories from May 27

May 28, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday May 27 that are worth another look.The annual sitting of the National People's Congress of the People's Republic of China and the Chinese People's Political Consultative Conference - widely known as the 'twin sessions' - in Beijing released a series of stimulus packages for the development of China's economy amid the Covid-19 pan...Read More

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