A manganese ore price ceiling agreed by Chinese alloy smelters has collapsed a day after representatives agreed not to pay more than $8 per dry metric tonne unit for low-grade ore, Metal Bulletin understands. Representatives from manganese alloy smelters met on Thursday March 1 and agreed a price ceiling for 37% manganese ore after prices for the raw material continued to soar, several market sour...Read More
Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel have all raised their high-carbon ferro-chrome tender prices month on month for March due to tight supply of the stainless steel raw material, higher chrome ore prices and rand appreciation. Tisco has bid 7,750 yuan ($1,221.42) per tonne for high-carbon ferro-chrome for March delivery,100 yuan higher than its February tender price. The day...Read More
Earlier this quarter, GoldQuest Mining (GQC.TO) released the assay results of seven holes drilled on its Tireo concessions in the Dominican Republic. It had previously made an interesting discovery on this license which was named Cachimbo and still appears to be open in all directions.The drill holes show some interesting features as the mineralization appears to be divided into two zones; a highe...Read More
Refining charges (RCs) on blister copper imported into China stayed at high levels in February, with buyers snapping up tonnages on the well-supplied domestic spot market.China purchased several thousand tonnes of 98-99% blister copper, mainly from African producers, at RCs of $200-210 per tonne cif last month, according to Metal Bulletin's assessment.Metal Bulletin introduced its monthly RC asses...Read More
Rio Tinto Alcan's Kitimat aluminum smelter in northwest coastal British Columbia. Source: Rio Tinto Alcan.Trump said he intends to slap a 25% duty on steel imports and 10% on aluminum in order to protect the national industry. However, the dollar and Wall Street shares slumped as the plan sparked fears of a trade war and worries about the impact on the world's largest economy.Such a move would hur...Read More
Maricann Group Inc.'s (CSE:MARI) Chairman and Director have resigned following an Ontario Securities Commission reviewSmallCapPower | March 2, 2018: Maricann Group Inc. (CSE:MARI), after the market close on March 1, 2018, announced that it has received a notice of termination from its Underwriter that it will not proceed with a $70 million bought deal equity financing at a price of $4.00 per unit....Read More
The Kamoa-Kakula copper project in the Democratic Republic of Congo (DRC) has increased its mineral resource estimate by 50%, which could bring around 21.5 billion lb (9.8 million tonnes) of copper into the market, Ivanhoe Mines said earlier this week. Research conducted in 2017 revealed Kakula's mineral resources at the Kamoa-Kakula mine stand at an estimated 174 million tonnes of which 5.62% is...Read More
Trevali Mining's Caribou zinc mine in the Bathurst Mining Camp of New Brunswick. Source: Trevali Mining Corp.Under the terms of the letter of intent (LOI), the option is subject to certain standard terms and conditions, including the receipt of all requisite regulatory approvals, including acceptance by the TSX Venture Exchange.Trevali is already a big player in the Bathurst Mining Camp through it...Read More
Peru's government has hailed the successful auction of the Michiquillay copper project as a sign of a revival in mining investment in the Andean nation, but several industry participants dispute that notion.Southern Copper Corp, controlled by Grupo Mexico, last week won a public tender to develop the world-class mining project in Peru's northern region of Cajamarca with an offer of $400 million. T...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
An overview of China's minor metals markets in the week of February 26-March 2 and the reasons for any price moves.Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop American Creek (TSXV: AMK) Reports That JV Partner Tudor Gold Has Targetted Sulphurets Thrust Fault Convergence Area Next to Iron Cap Deposit for Exploration Cardston, Alberta - March 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Americ...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Four Resource Stocks to Buy Now When the Stock Market Is DownSource: Clive Maund for Streetwise Reports March 2, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund outlines four resource stocks that he believes are at a great entry...Read More
Scrap prices in the global markets have continued to increase his week, amid strong demand for material in the major importing countries and upward momentum in the US export markets.Turkish steel mills continued to book more-deep sea scrap for April at escalating prices, with the country still enjoying strong demand for its finished steel products.Meanwhile, Taiwan import scrap prices also rose fu...Read More
Do you ever wish the U.S. government didn’t know you exist?Faith doesn’t exist, according to the U.S. government.Her parents thought it was wrong for the government to assign children a number. In a sense, they thought they could keep their children free by keeping them out of all records.All nine children were born at home using midwives who agreed not to file any paperwork. They all...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop RT Minerals Corp. (TSXV: RTM) (OTC Pink: RTMFF) Announces Final Assay Results at Norwalk Gold Property, near Wawa, Ontario Vancouver, British Columbia - March 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) RT Minerals Corp. (TSXV: RTM) (...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Greenwood (TSXV: GZD) (OTC Pink: GZDIF) Property 2017 Exploration Program Completed and Submitted to Grizzly Discoveries Edmonton, Alberta - March 2, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Grizzly Discoveries Inc. (TSXV: GZD) (OTC P...Read More
The UK inter-merchant price range for austenitic alloy steel scrap has gone unchanged this week because a rise in nickel prices at the end of last week was offset by a later drop this week, sources said on Friday March 2.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?950-990 ($1,306-1,361) per tonne delivered on Friday, unchanged over the week."The ni...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Gold Miner's Maiden Resource 'Provides a Strong Base' to Utah ProjectSource: Streetwise Reports March 2, 2018 (Investorideas.com Newswire) Industry analysts discussed the inaugural resource estimate as well as the final 2017 drill results one o...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Mine Developer in Fiji Finds Off-the-Charts MineralizationSource: Streetwise Reports March 2, 2018 (Investorideas.com Newswire) The company Gold Newsletter editor Brien Lundin named as a top pick in a Streetwise Report interview just released h...Read More