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Macro Roundup (Mar 27)

March 27, 2018 / news.metal.com

SHANGHAI, Mar 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs concerns of a trade war eased, the US dollar index fell to a five-week low overnight and hovered around 89.Most base metals rebounded as bearish sentiments improved. SHFE zinc rose over 1%, while copper and nickel fell. After the slump last week and the sharp growth...Read More

Hebei's galvanising plants suspend, cut production on heavy pollution

March 27, 2018 / news.metal.com

SHANGHAI, Mar 27 (SMM) – Galvanising plants in Hebei province suspended and limited production after an orange-level alert was issued for air pollution, SMM learned. Regular operations are likely to resume by March 28, at the latest.An orange-level alert is the second-highest level in China’s four-level air pollution warning system. An orange-level alert indicates that smog has decreas...Read More

PRIZE MINING RECEIVES TECHNICAL REPORT ON THE MANTO NEGRO OXIDE COPPER DEPOSIT, MEXICO

March 27, 2018 / prizemining.com

Calgary, Alberta (March 27, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that the Company has received the NI 43-101 Technical Report for the Manto Negro property in Coahuila, Mexico from geological consultants, Norwest Corporation of Calgary, Alberta. The Technical Report includes a review of the regional and l...Read More

Lead: Still a buying opportunity

March 27, 2018 / www.metalbulletinresearch.com

Key takeaways from MB’s London...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 so...Read More

Macro Roundup (Mar 27)

March 27, 2018 / news.metal.com

SHANGHAI, Mar 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs concerns of a trade war eased, the US dollar index fell to a five-week low overnight and hovered around 89.Most base metals rebounded as bearish sentiments improved. SHFE zinc rose over 1%, while copper and nickel fell. After the slump last week and the sharp growth...Read More

Macro Roundup (Mar 27)

March 27, 2018 / news.metal.com

SHANGHAI, Mar 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs concerns of a trade war eased, the US dollar index fell to a five-week low overnight and hovered around 89.Most base metals rebounded as bearish sentiments improved. SHFE zinc rose over 1%, while copper and nickel fell. After the slump last week and the sharp growth...Read More

SMM Morning Comments (Mar 27)

March 27, 2018 / news.metal.com

SHANGHAI, Mar 27 (SMM) –Copper: Copper prices fell at a slower pace overnight and are likely to inch up today as the US dollar softened and concerns of a trade war eased. LME copper is expected to trade at $6,610-6,670/mt today. The SHFE 1805 contract is seen trading at 48,800-49,300 yuan/mt with ample supply and sluggish demand. Spot discounts are seen at 210-140 yuan/mt.Aluminium: LME alum...Read More

Nickel: Bullish fundamentals

March 27, 2018 / www.metalbulletinresearch.com

This week we review the big-picture themes...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 issu...Read More

SMM Morning Comments (Mar 27)

March 27, 2018 / news.metal.com

SHANGHAI, Mar 27 (SMM) –Copper: Copper prices fell at a slower pace overnight and are likely to inch up today as the US dollar softened and concerns of a trade war eased. LME copper is expected to trade at $6,610-6,670/mt today. The SHFE 1805 contract is seen trading at 48,800-49,300 yuan/mt with ample supply and sluggish demand. Spot discounts are seen at 210-140 yuan/mt.Aluminium: LME alum...Read More

SMM Morning Comments (Mar 27)

March 27, 2018 / news.metal.com

SHANGHAI, Mar 27 (SMM) –Copper: Copper prices fell at a slower pace overnight and are likely to inch up today as the US dollar softened and concerns of a trade war eased. LME copper is expected to trade at $6,610-6,670/mt today. The SHFE 1805 contract is seen trading at 48,800-49,300 yuan/mt with ample supply and sluggish demand. Spot discounts are seen at 210-140 yuan/mt.Aluminium: LME alum...Read More

Copper Fox Announces Trench Sampling Programat Mineral Mountain Project

March 27, 2018 / copperfoxmetals.mwnewsroom.com

CALGARY, Alberta, March 27, 2018 (GLOBE NEWSWIRE) -- Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V:CUU) (OTC:CPFXF) is pleased to announce that it has commenced a trench sampling program on its 100% owned Mineral Mountain copper project located near Florence, Arizona.  The objective of the trenching program is to determine the copper concentration...Read More

Newest University Innovation Fellows ready for change

March 27, 2018 / www.minesnewsroom.com

Colorado School of Mines' four newest University Innovation Fellows hope to grow the culture of innovation and entrepreneurship on campus through new classes, workshops and events such as hackathons, links to other institutions and improved communication.Curtis Harrison, Torin Johnson, Adam Marcinkowski and Michael Thuis were among the 258 students from 64 institutions who completed their online t...Read More

"The cease and desist order ... makes no findings of...

March 27, 2018 / www.mining-journal.com

"Without admitting or denying the findings, Kinross agreed to a cease-and-desist order, a penalty of US$950,000 and undertakings to report on its remedial steps for a period of one year," the SEC said.The SEC said Kinross had acquired its two African subsidiaries in a $7.1 billion transaction in 2010 but took almost three years to implement adequate anti-corruption compliance programmes and intern...Read More

Tin: Supported by physical tightness

March 27, 2018 / www.metalbulletinresearch.com

Tin withstood broad-based sell-off 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 is...Read More

Zinc: Last hurrah looming

March 27, 2018 / www.metalbulletinresearch.com

Last week we attended Metal Bulletin’s...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 iss...Read More

Base metals investment analysis: Fund long liquidation, short selling while trade tensions exist

March 27, 2018 / www.metalbulletinresearch.com

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 it’s published.SubscribeRead More

LIVE FUTURES REPORT: LME base metals prices continue strong performance; Ali drops

March 27, 2018 / www.metalbulletin.com

Base metal prices on the London Metal Exchange remained high at the close of trading on Tuesday March 27, with only aluminium moving down. Aluminium was the only downward mover, dropping $7.50 to $2,044.50 per tonne while it continues to lack momentum."Its technical configuration is starting to improve and now badly needs follow-up buying to help the price of the light metal to edge higher. Going...Read More

Demand Indicators: March 27 2018

March 27, 2018 / www.metalbulletinresearch.com

Click here to download the Selected Demand IndicatorsACCESS 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 lat...Read More

Copper mining restarts at Newcrest's Cadia after tailings spill

March 27, 2018 / www.metalbulletin.com

Copper-gold miner Newcrest has restarted mining operations at its Cadia project in Australia, two weeks after a tailings spill caused a shutdown.Processing at the Cadia complex will remain suspended yet Newcrest will stockpile the mine ore at the mine's surface until processing is able to...Read More

ASIAN FERRO-ALLOYS CONF: Global silico-manganese output to rise this year in response to higher demand - IMnI

March 27, 2018 / www.metalbulletin.com

The higher consumption of manganese alloys witnessed globally in 2017 is likely to spur increased production of silico-manganese this year, according to the executive director of the International Manganese Institute (IMnI).During a panel discussion at the 19th Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21, Aloys d'Harambure said that global silico-manganese producers were incre...Read More

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