Base metals prices diverged on the London Metal Exchange at the close of trading on Tuesday April 3, with copper rising but aluminium dropping below $2,000 per tonne for the first time since August 2017.The complex started the day on a firm note before paring gains and moving back into the red near the close."The Chinese manufacturing numbers held up quite well, which was supportive, and the metal...Read More

China's ten largest copper smelters have set the base level for their treatment and refining charges (TCs/RCs) for the second quarter of this year 10.3% lower than in the first quarter, Metal Bulletin has heard.The China Smelters Purchase Team (CSPT) agreed during a meeting in Shanghai last Friday to fix the minimum levels for TCs at $78 per tonne and for RCs at $0.078 per lb, a source close to th...Read More

Comex copper prices sustained momentum in the US morning on Tuesday April 3 with the fundamental outlook optimistic for the remainder of the year. Copper for May settlement on the Comex division of the New York Mercantile Exchange ticked up 0.10 cents or 0.1% to $3.0510 per lb. "While it is too early to assert that the rebound in copper will last, we think the bull market in copper will prevail th...Read More

Overstock's attempt to capitalize on "blockchain mania" appears to have fallen flat. The SEC is investigating it ICO fund-raising scheme and a class-action lawsuit has been filed in connection with the deal. OSTK finally announced today that it was pulling its attempt to unload 4 million shares on the public. This is after a failed effort to sell its e-commerce business. Meanwhile, OSTK's operatin...Read More

Due to reporting errors, a story reported by Metal Bulletin on March 27, titled "Global silico-manganese output to rise this year in response to higher demand - IMnI," misrepresented InMI's views on the current markets and has been officially retracted and removed from the Metal Bulletin archive.The organization's spokesman made...Read More

Chinese vanadium exporters experienced increased activity over the past week, while ferro-vanadium tightness continued to bolster prices in the United States and Europe. Chinese exporters see uptick in activity levels; V2O5 offers up on limited availability European ferro-vanadium market edges upward despite slowed spot market ahead of holidaysUS ferro-vanadium market continues ascent on supply co...Read More

China's ten largest copper smelters have set the base level for their treatment and refining charges (TCs/RCs) for the second quarter of this year 10.3% lower than in the first quarter, Metal Bulletin has heard.The China Smelters Purchase Team (CSPT) agreed during a meeting in Shanghai last Friday to fix the minimum levels for TCs at $78 per tonne and for RCs at $0.078 per lb, a source close to th...Read More

Chinese ferro-silicon prices continued their downward trend over the past week, pressured by ample stocks and a negative outlook for the market due to weakness in the country's steel sector. Metal Bulletin assessed the Chinese domestic spot ferro-silicon (basis 75% silicon) price at 6,100-6,500 yuan ($971-1,035) per tonne on Friday March 30, compared with 6,500-7,000 yuan per tonne a week earlier....Read More

Spot alumina prices soared 27.8% over the course of March, with buyers forced to pay up for units while Hydro's Alunorte refinery operates at 50% of its capacity. Metal Bulletin's benchmark daily fob Australia alumina index settled at $447.30 per tonne on Thursday March 29, up from March 1's calculation of $349.88 per tonne. "There was definitely more length in the Pacific [at the time of the forc...Read More

Lithoquest Diamonds Inc. (TSXV:LDI), a diamond explorer, continued to climb after announcing the recovery of micro-diamondsSean Mason | April 3, 2018 | SmallCapPowerRecovery of micro-diamonds Down Under was good news for shareholders of a diamond explorer Tuesday. Here's some small stocks making big moves on Tuesday, April 3, 2018 (as of 4 pm EST):Lithoquest Diamonds Inc. (TSXV:LDI) shares con...Read More

PentaNova's Maria Conchita Project in Colombia. Source: Penta Nova Energy Corp.PentaNova Energy Corp. [PNO-TSXV], a company backed by Canadian resource financier Frank Giustra and Goldcorp [G-TSX; NYSE-GG] Chairman Ian Telfer, on Tuesday April 3 released an update on gas drilling in Colombia, South America.The company said the update is a response to negative trading in the shares since a news rel...Read More

Chinese ferro-silicon prices continued their downward trend over the past week, pressured by ample stocks and a negative outlook for the market due to weakness in the country's steel sector. Metal Bulletin assessed the Chinese domestic spot ferro-silicon (basis 75% silicon) price at 6,100-6,500 yuan ($971-1,035) per tonne on Friday March 30, compared with 6,500-7,000 yuan per tonne a week earlier....Read More

Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,180.76, down 32.69 points)Neovasc Inc. (TSX:NVC). Medical devices. Down two cents, or 26.67 per cent, to 5.5 cents on 15.9 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down $1.00, or 11.03 per cent, to $8.07 on 13.6 million shares.Canopy Growth Corp. (TSX:WEED). Healthcare...Read More

Geologists Michael Dufresne and Thomas Reddicliffe examine an outcrop of suspected (weathered) kimberlite at target NKDP-0702 (April 2017)Lithoquest Diamonds Inc. (TSX-V: LDI) today announced that micro-diamonds have been recovered from a sample of highly-weathered outcrop at target 0702 on its 100% owned North Kimberley Diamond Project located in the northern region of Western Australia.Three mic...Read More

On Friday night, my wife and I had dinner with the neighbors at SteelFire, a new gourmet hamburger joint.As I was going to flavortown on an awesome Reuben burger, my neighbor, who is in HVAC, was commenting on the vents in the ceiling. He told me he could do the job in two days for $40,000-$50,000, depending on the system they had in the kitchen. That seemed like a lot for air conditioning, but ap...Read More

Premier Gold Mines Limited (TSX:PG) is a gold producer and respected exploration and development company, with a high-quality pipeline of precious metal projects in proven, accessible and safe mining jurisdictions in Canada, the United States, and Mexico. We learned from Ewan Downie, President and CEO of Premier Gold, that they are a company with a significant growing production profile in the com...Read More

Turkish steel producers have resumed their deep-sea scrap purchases following the recent sharp decrease in prices, sources said on Tuesday April 3.A steel producer in the Marmara region booked a European cargo, comprising 15,000 tonnes of HMS 1&2 (75:25), 10,000 tonnes of shredded, 5,000 tonnes of a mixture of HMS 1 and plate and structural scrap (P&S), and 5,000 tonnes of new cuttings, at an aver...Read More

Toronto, Ontario - April 3, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Loncor Resources Inc. ("Loncor" or the "Company") (TSX: LN) is pleased to announce that it has entered into a binding term sheet with Resolute Mining Limited ("Resolute") (ASX: RSG) whereby Resolute will acquire a total of 51,000,000 common shares of Loncor.As part of the series of transactions contemplated by the term...Read More

Explor Resources Inc. (OTCQB: EXSFF, TSX-V: EXS, FSE & BE: E1H1) is a gold and base metals exploration company, with mineral holdings in Ontario, Quebec and New Brunswick, Canada. The company is currently focused on exploration in the Abitibi Greenstone Belt of Ontario and Quebec, and base metals in New Brunswick. We learned from Mr.Chris DuPont, President and CEO of Explor Resources, that they ar...Read More

Vancouver, British Columbia - April 3, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Millennial Lithium Corp. (TSXV:ML) (OTCQX: MLNLF) ("Millennial" or the "Company") is pleased to announce that the Company has qualified to trade on the OTCQX Best Market, operated by OTC Markets Group Inc. As of market open April 3, 2018, Millennial will begin trading on OTCQX under the symbol "MLNLF" and wil...Read More