Shalina Resources and its Democratic Republic of the Congo (DRC)subsidiary, Chemaf SARL, have signed a marketing agreement for cobalt hydroxide with Trafigura, Chemaf said on Wednesday April 4. The marketing agreement covers cobalt output from existing producing assets operated by Chemaf - which specializes in cobalt and copper exploration, mining and processing in the DRC - and runs until Decembe...Read More

The US high-carbon ferro-manganese market weakened on Thursday March 29, as latent spot market demand and ample supplies wore on pricing. American Metal Market assessed spot prices for high-carbon ferro-manganese in-warehouse Pittsburg at $1,500-1,600 per long ton on Thursday, down 3.1% from $1,550-1,650 per long ton previously. The market has been bogged down by lackluster spot activity in r...Read More

China's domestic stainless steel prices fell again this week as high supply and weak demand continued to put pressure on the market.Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,000-14,800 yuan ($2,226-2,353) per tonne including VAT for the week ended Wednesday April 4, down 200-300 yuan per tonne from last Thursday. Buying in...Read More

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe.To view the latest price quotations, follow the links below:Europe- Ferro-vanadium delivered duty-paid in Europe- Vanadium pentoxide in-warehouse RotterdamChina- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Thursday March 29Ferro-vanad...Read More

The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday April 4:Aluminium scrap Group 1 pure 99% & litho: ?1,340-1,390 per tonne from ?1,380-1,430 per tonneCommercial pure cuttings: ?1,130-1,180 per tonne from ?1,150-1,200 per tonneClean HE9 extrusions: ?1,340-1,390 per...Read More

Aluminium ingot ADC 12 export prices fell after China dealt a serious blow to the raw material market with a blanket 25% tariff on US aluminium scrap.The move by China has meant that more domestic producers are looking to tolling deals to avoid paying the 25% import tax. Under the tolling deals, Chinese secondary alloy producers can import raw materials such as aluminium scrap from overseas and pr...Read More

Metal Bulletin looks at seven key things discussed in Xi'an last month at China Iron & Steel Association's 16th International Steel Market and Trade Conference that will have a major impact on the Asian and Chinese steel markets in the coming years.China plans to cut another 30 million tonnes of steel capacity in 2018China is planning to cut another 30 million tonnes of steel capacity in 2018 as p...Read More

Chinese aluminium and aluminium products are among a list of 1,300 items that the United States is targeting with a 25% import tax following its Section 301 investigation - a move which the Chinese Ministry of Commerce (MOC) said it "strongly condemns and firmly opposes."The office of the US Trade Representative (USTR) on Tuesday April 3 released a proposed tariff list on Chinese products which in...Read More

Global tin premiums barely moved this week on a lack of spot business between the Easter and Tomb Sweeping holidays, but a slight uptrend remained in place amid tightening supply from key exporter Indonesia.Most of Europe had a long weekend at the start of the month for Easter, with some prolonging the break to a week while China has also been slow ahead of the Tomb Sweeping festival on April 5-6....Read More

Altamira Gold (TSXV: ALTA) has joined what some are calling a "staking rush" in Brazil's Juruena Belt, located in the western Mato Grosso state.By adding 52,378 hectares and increasing the company's land positioning to over 200,000 hectares in the area, Altamira mimics the strategies advanced by Anglo American (LON: AAL) and Nexa Resources, who acquired over 3 million hectares of claims back in Se...Read More

This year hasn't been kind to precious-metal stock pickers at the world's biggest asset manager, but their luck may be about to turn.Read full newsRead More

Researchers at Duke University used silver-coated copper nanowires and silicon rubber to create a new conductive "felt" that can be easily patterned onto fabrics to create flexible wires. The felt carries electricity even when bent, stretched and twisted over and over again. This means that it could be used to embed electronics such as fitness trackers and health monitors into shirts, hats, and sh...Read More

Altamira Gold (TSXV: ALTA) has joined what some are calling a "staking rush" in Brazil's Juruena Belt, located in the western Mato Grosso state.By adding 52,378 hectares and increasing the company's land positioning to over 200,000 hectares in the area, Altamira mimics the strategies advanced by Anglo American (LON: AAL) and Nexa Resources, who acquired over 3 million hectares of claims back in Se...Read More

Canada's largest diversified miner Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) said Wednesday it had increase to 90% its stake in Compa???-a Minera Teck Quebrada Blanca, which main asset is the namesake copper mine in Northern Chile.The Vancouver-based miner said the deal, worth $162.5 million, simplifies the ownership of Quebrada Blanca, giving Teck additional flexibility with respect to fin...Read More

Mining companies saw its shares plummet along with metal prices on Wednesday as trade tensions between the United States and China escalated, with Beijing hitting back at Trump's plans to impose $50 billion in tariffs to goods from the Asian superpower.China retaliated with a list of duties on key US imports, including soybeans, planes, cars, whiskey and chemicals, less than 11 hours after Washing...Read More

Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) has won a key battle in its ongoing row with Greece after an arbitration panel ruled in favour of the company's plans to build a plant for treating concentrates form the Olympias and Skouries projects, in the country's north.The panel rejected allegations that a technical study submitted by Eldorado was deficient and in violation of a transfer contract an...Read More

https://foreignpolicy.com/U.S. coal exports have exploded. Can that continue?President Donald Trump vowed to make U.S. energy dominance a cornerstone of his foreign policy, and, sure enough, the United States this year is producing and exporting record amounts of oil and natural gas.More surprising, though, is the huge resurgence in U.S. exports of coal to countries all over the world, from Argent...Read More

Bitcoin and other cryptocurrency miners have created a dearth of mid-range and high-end GPU cards that are selling for twice as much as suggested retail. The reason: miners are setting up server farms with the cards.Read full newsRead More

U.S. government officials are moving forward with a plan to block new gold mining claims in the mountains north of Yellowstone National Park with the release March 29 of a draft analysis of the pro...Read full newsRead More

The SEC continues to exercise its powerful enforcement tool - internal controls violations - in FCPA enforcement actions against public companies. Kinross Gold Corporation is the latest company...Read full newsRead More