SHANGHAI, May 9 (SMM) – This is a roundup of China's base metals output in April. SMM surveyed major producers in the market to obtain information for calculation.Copper: China's refined copper output came in at 737,800 mt in April, up 3.4% month on month and up 14.2% year on year, an SMM survey showed. Output in the first four months of this year stood at 2.86 million mt, up 11...Read More
Standard Chartered says “the floor for prices has risen” in the gold market without requiring significant physical demand to cushion the downside. The precious metal remains range-bound - although at the lower end of the band - but price dips have not been deepened by a soft physical market, the bank says. “We continue to expect prices to test the downside in the lead-up to the J...Read More
Today LME Stock Report : 09/05/2018 Aluminium down by -21100MT,Copper down by -9600MT,Lead down by -450MT,Nickel down by -198MT &Zinc down by -950MT.AFTER POST CONTENT Read More
SHANGHAI, May 9 (SMM) – This is a roundup of China's base metals output in April. SMM surveyed major producers in the market to obtain information for calculation.Copper: China's refined copper output came in at 737,800 mt in April, up 3.4% month on month and up 14.2% year on year, an SMM survey showed. Output in the first four months of this year stood at 2.86 million mt, up 11...Read More
PARIS (Reuters) - Emmanuel Macron will become on Thursday only the second sitting French president to win the prestigious Charlemagne Prize for offering a “vision of a new Europe”, and Germany’s Angela Merkel will deliver the official speech commending his efforts.But, while lavish in her praise for the 40-year-old Macron since he swept to power a year ago, the German chancellor...Read More
SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More
Consolidation continues After April’s volatility, nickel prices...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plu...Read More
Primero Mining Corp. (TSX: P) reports that the Comisi??n Federal de Competencia Econ??mica has provided antitrust clearance for a planned merger in which First Majestic Silver Corp. (TSX: FR; NYSE: AG) will acquire Primero. Officials say this was the final government agency approval required before closing. Primero says closing of the deal is expected on Thursday. The companies announced the...Read More
Aluminium Today – BUY Aluminium at CMP 160.60 Add more if price 159.80 with SL Below 159.10 for Target 161.90 – 162.60AFTER POST CONTENT Read More
SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More
SHANGHAI, May 9 (SMM) –Copper: LME copper fell below all moving averages overnight and the SHFE 1807 contract performed no better. We expect LME copper to trade at $6,760-6,830/mt today with SHFE 1807 at 50,700-51,200 yuan/mt. Spot premiums are seen higher at 50-100 yuan/mt as sellers are likely to offer higher against the falling futures market.Aluminium: The SHFE 1807 contract fell to a lo...Read More
May 9, 2018 - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC” or the “Company”) announces a non-brokered private placement offering (the “Offering”) of up to $3,000,000, to consist of the sale of up to 5,000,000 flow-through shares at a price of $0.60 per share. The Offering is subject to TSX Venture Exchange acceptance. “This flow-through financing will allow ATA...Read More
Tata Steel Europe has begun to seek potential buyers for its non-core business units so as to strengthen its forecast for the steel strip business, the company said on Tuesday May 8.The sale process will include five business units.The first is Cogent, a manufacturer and processor of electrical steels. It has three assets, at Newport in South Wales in the UK, at Burlington in Ontario in Canada, an...Read More
May 9, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Highlights from six drill holes at the Langis ProjectDrill hole LM18-16 intersected 7.87m of 2,787.26 g/t silver, 0.27% cobalt including 1.00m of 15,436.00 g/t silver, 1.98% cobalt, 0.47% nickel...Read More
An asphalt mix designed to better weather freeze-thaw cycles took first place in the Spring 2018 Cornerstone Design Final Competition on May 2. A total of 24 student teams from Intro to Design (EPIC 151) exhibited their infrastructure solutions at the final competition, representing the top team from each class section. Mines Infrastructure Design's asphalt mix won first place and $1,000 in t...Read More
ANKARA (Reuters) - Turkey’s Tayyip Erdogan and his economy team on Wednesday agreed to take measures to ease interest rates and help shield the tumbling lira, underscoring a deep split between the president and international investors hoping for tighter monetary policy.Erdogan, a self-described “enemy of interest rates” who believes they cause inflation, met with members of his e...Read More
Modest rise in tin Last week,...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as...Read More
Nickel Calls Today – SELL Nickel at CMP 934.80 for Target 926 – 921 with SL Above price 941.60AFTER POST CONTENT Read More
President Trump announced intentions to pull out of the Iran deal Tuesday, which caused some volatility in all markets. Equities whipped around only to close near the unchanged line. Oil got clobbered but cut most of the losses and is back on four-year highs, and gold failed at $1,318. It's obvious that gold has some issues to deal with and is headed lower. Throughout much of the recent uncertaint...Read More
Christian Shorey, teaching professor of geology and geological engineering at Colorado School of Mines, visited Hawaii's Kilauea volcano last summer and discussed the recent eruption that has already destroyed at least 35 structures with KDVR Fox31 Denver."It goes through cycles. Deflation, inflation it expands and then deflates. It has this dissolved gas in it and as it comes out that gas wants t...Read More