Image: GlencoreZinc hit a four month low of $3,135 a tonne on Thursday, down more than 12% from its decade high achieved mid-February.Rising fears about trade protectionism have taken the shine off most base metals but zinc's bearish outlook has more to do with new supply; and lots of it.The metal, mainly used to galvanize steel, has more than doubled since hitting multi-year lows in January 2016...Read More

The latest news and price moves to start the Asian day on Friday April 13.Aluminium prices on the London Metal Exchange soared to a 10-year high on Thursday April 12 with the market continuing to react to recent US sanctions against Rusal, while the rest of the base metals complex fell. Read more in our live futures report.Here are how prices looked at Thursday's close:The sanctions on Rusal have...Read More

Torex has traded down significantly on a temporary labor shutdown - a recipe for an undervalued stock.Long term prospects for production increases and expansion are excellent.Gold continues to perform well while the gold producers lag behind, a combination likely to reverse before long.As you can see on the chart below, Torex Gold (OTCPK:TORXF) has had a difficult past year to say the least. The s...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for May delivery gained 25 cents to $67.07 on the New York Merc, while Brent for June lost four cents to $72.02 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to W...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Thursday was a positive 86-78-120. The TSX Venture Exchange rose four points to 782 while rough diamond prices gained 0.2 per cent this week. Bruce Counts's Lithoquest Diamonds Inc. (LDI) continu...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $18.50 to $1,334.30 on Thursday. The TSX Venture Exchange rose 4.66 points to 781.37 while the TSX Gold Index lost 1.96 points to 186.60. Canadian gold miners lost ground today, with Fred Stanford's Torex Gold R...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter The TSX Venture Exchange gained 4.66 points to 782.37 Thursday.Donald Wright, Avi Grewal and John O'Sullivan have filed a preliminary prospectus to list their second capital pool shell, Cinaport Acquisition Corp. II. They plan to sell...Read More

The latest news and price moves to start the Asian day on Friday April 13.Aluminium prices on the London Metal Exchange soared to a 10-year high on Thursday April 12 with the market continuing to react to recent US sanctions against Rusal, while the rest of the base metals complex fell. Read more in our live futures report.Here are how prices looked at Thursday's close:The sanctions on Rusal have...Read More

New Jersey legislators yesterday passed bills establishing a zero emissions certificate (ZEC) programme that will recognise and compensate eligible nuclear power plants for their zero-carbon attributes and contribution to fuel diversity.PSEG supporters celebrate (Image: @PSEGNews)The New Jersey Senate passed bill S2313 by 28 votes to 9, with the Assembly passing its version of the bill, A3724, by...Read More

The social and environmental impacts of electricity provision affect individuals, economies and countries in ways that are not captured in market prices, but yet are too important to be neglected, according to a report issued today by the OECD Nuclear Energy Agency (NEA). Despite their importance, full accounting for these costs remains difficult, it says.The report - The Full Costs of Electricity...Read More

Alumina prices soared on Friday April 13, and Metal Bulletin's benchmark alumina index set an all-time high, while the market reacted to the effect of sanctions on UC Rusal. Metal Bulletin's daily fob Australia alumina index settled at $556.67 per tonne on April 13, up 16.7% compared with the previous day's calculation, and the highest number recorded since the index launched in August 2010.The US...Read More

European aluminium premiums had a record day Friday April 13, with market a return to full market liquidity one week after the United States Treasury sanctioned Russian company UC Rusal, the world's second-biggest aluminium supplier.A surge in liquidity and a continued scramble for non-Rusal material helped to push the Rotterdam duty-unpaid in-warehouse aluminium premium up by 20% to $125-140 per...Read More

Aluminium on the London Metal Exchange closed lower to end the week's trading on Friday April 13, after a record-breaking week that resulted in a six-year high and 9% price increase. The light metal's volumes recorded over 30,000 lots throughout the week, despite the price dropping 1.7% at the close of trading today.  "Aluminium prices continue to push higher while the market scrambles t...Read More

The threat of further manganese ore price falls, from recent highs, is boosting activity in Chinese ports because some buyers are avoiding seaborne cargoes amid high costs for payment terms and facilitation, and fears of material devaluing on water, market sources told Metal Bulletin. Manganese ore prices rose sharply between late 2017 and March this year, prompting a backlash from consumers in Ch...Read More

Alumina prices soared on Friday April 13, and Metal Bulletin's benchmark alumina index set an all-time high, while the market reacted to the effect of sanctions on UC Rusal. Metal Bulletin's daily fob Australia alumina index settled at $556.67 per tonne on April 13, up 16.7% compared with the previous day's calculation, and the highest number recorded since the index launched in August 2010.The US...Read More

Lead recycler Recylex swung into profit in 2017, reporting net earnings of ?,?18 million ($22.2 million) thanks to soaring metal prices and higher output, the company said on Friday April 13.That compared with the annual loss of ?,?10.1 million in 2016, when the company was heavily affected by a fine imposed by the European Commission as a penalty for taking part in a price-fixing cartel."While th...Read More

K92 Mining Inc. (TSXV:KNT), a junior miner, moved up after announcing Q1 gold and copper production at its Kainantu Gold MineSean Mason | April 13, 2018 | SmallCapPowerCopper and gold production caught the eyes of more than a few junior miner speculators Friday. Here's some small stocks making big moves on Friday, April 13, 2018 (as of 4 pm EST):K92 Mining Inc. (TSXV:KNT) shares continued to mo...Read More

Nemaska adds US$150 million streaming component to lithium planNemaska Lithium Inc. [NMX-TSX, NMKEF-OTCQX, NOT-FSE] entered into a US$150 million streaming agreement with Orion Mine Finance LP as part of a large plan to fund a proposed lithium mine in Quebec.The move comes just two weeks after the company announced the components of a plan to raise between US$775 million and US$825 million to fund...Read More

Rio Tinto is declaring force majeure on some of its contracts after reviewing its arrangements with UC Rusal in light of US sanctions on the Russian aluminium producer. "As a result of the imposition of these sanctions, Rio Tinto is in the process of declaring force majeure on certain contracts and is working with its customers to minimize any disruption in supplies," Rio...Read More

Dundee's Chelopech gold mine in central-western Bulgaria. Source: Dundee Precious Metals Inc.Dundee Precious Metals Inc. [DPM-TSX] on Friday April 13 announced its mine and smelter production results for the three months ended March 31, 2018.Highlights included better than expected production from the Chelopech Mine which is located in central-western Bulgaria approximately 70 km east of Sofia, th...Read More