The metals prices on the London Metal Exchange are mixed this morning, Wednesday February 21, with nickel and tin prices firmer by 0.4%, while the rest are lower by between 0.1% and 0.5%. Copper prices are off 0.1% at $7,068 per tonne. Volumes remain light with 1,862 lots traded as of 07:05 am London time - we expect this to change tomorrow with China returning from the Lunar New Year holiday. Tue...Read More

The latest metal markets news and price moves to start the North American day on Wednesday February 21. Base metals prices on the London Metal Exchange were mostly lower during morning trading, with only tin in positive territory. Volumes remain thin while the market awaits the return of the Chinese markets tomorrow. Here is how the LME base metals complex looked at 12:38pm London time: For a snap...Read More

Good morning from Metal Bulletin's office in Singapore as we bring you the latest news and pricing stories on Tuesday February 21. Base metals on the LME were generally lower during Asian morning trading on Wednesday February 21, amid a lack of liquidity with the Chinese markets still closed. Check Metal Bulletin's live futures report here. LME snapshot at 3:16am London timeLatest three-month ...Read More

U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Amazon added $15.05 to $1483.40 after MKM Partners raised its target price to $1.750 from $1,350. Garmin gained $0.57 to $65.43 after reporting higher than consensus fourth quarter sales and earnings.Maple Leaf Foods (MFI $34.98) is expected to open higher after reporting higher than consens...Read More

Toronto, Ontario - February 20, 2018 - Amarillo Gold Corporation ("Amarillo" or the "Company") (TSX.V:AGC), is pleased to announce that we will be attending the Prospectors & Developers Association of Canada (PDAC) 2018 Convention.The New Management Team will be at Booth Number: IE2614BWe will be at the booth March 6th and 7th and will also be available for one-on-one meetings on the 4th and 5...Read More

Toronto, Ontario - February 20, 2018 - Amarillo Gold Corporation ("Amarillo" or the "Company") (TSX.V:AGC), is pleased to announce that it has amended and extended its existing gold-linked credit facility (the "Facility").Amarillo and its lending group have agreed to extend the maturity of the Facility from July 31, 2019 to June 30, 2022. The other terms and conditions will remain the same.On July...Read More

Nickel was again the star performer on the London Metal Exchange at the 5pm close on Wednesday February 21, ending with gains of more than 2%.The three-month price recovered $235 per tonne from its previous closing level after significant declines earlier this week - the metal is looking to push back up to $14,000 per tonne."Rising premiums signal demand remains robust, while the limited nature of...Read More

Comex copper prices were in negative territory on Wednesday February 21, with a stronger dollar and lack of market action weighing on base metals prices generally.Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 0.9 cents or 0.3% to trade recently at $3.1815 per lb."The USD continues to be the main game in town as its recent rally continues ahead of some key...Read More

Article"My bias is that Gold will rip through resistance to commence a new bull trend"Read More

Iron ore prices held steady at $78 per tonne cfr China on Wednesday February 21, with China on the last day of its weeklong break for the Chinese New Year.Metal Bulletin's 62% Fe Iron Ore Index Today: $78.43 per tonne cfr Qingdao Daily change: unchanged Month-to-date average: $76.83 per tonne...Read More

Domestic prices for cold-rolled coil (CRC) in the EU have been largely unchanged over the past week, but the sentiment in the market remains positive, sources told Metal Bulletin on Wednesday February 21."Prices for hot-rolled coil [HRC] are going to rise and downstream products will follow the increase," a German trader said.Domestic prices for hot-rolled coil (HRC) in the EU are likely to rise,...Read More

Domestic prices for rebar in Northern Europe have remained unchanged over the past week in a quiet market, sources told Metal Bulletin on Wednesday February 21.Metal Bulletin's weekly price assessment for domestic rebar in Northern Europe was ?,?550-570 ($680-704) per tonne delivered on...Read More

Glencore metal traders banked a record $2 billion in profits in 2017 - a year where traded volume of copper, zinc and ferro-alloys grew substantially.Metals marketing profits were up by 28% compared with the year prior, while the company's full trading division - including metals, energy and agricultural businesses - clocked $3.22 billion in profit.Copper marketing volume grew 14% to 4 million ton...Read More

Nickel premiums rose slightly in the United States due to tight supply and steady demand, while premiums for 4x4 product increased in Europe and the market in China was closed for the Chinese New Year holiday celebrations. Ongoing tightness and humming demand helped boost US premiumsIn Europe, 4x4 premiums rose to reflect increased cutting costsNickel futures step back from last week's highsMarket...Read More

The international mining industry active in the Democratic Republic of Congo (DRC) is in wait-and-see mode after unifying to discuss mining code proposals with the country's president, according to the chief executive officer of Glencore. Speaking during a briefing for the company's 2017 results, Ivan Glasenberg said DRC President Joseph Kabila had not signed the proposed mining code, which could...Read More

European zinc premiums dropped into a wider range, which reflects a retreat by traders from physical positions, while Asian markets held steady in quiet Lunar New Year holiday trading. European zinc market splits, some stockholders offload tonnes. Backwardation comes in but some offers for units in Rotterdam $10 lower. Asian markets quiet for Lunar New Year holidays US premiums unchanged but freig...Read More

Nickel was again the star performer on the London Metal Exchange at the 5pm close on Wednesday February 21, ending with gains of more than 2%.The three-month price recovered $235 per tonne from its previous closing level after significant declines earlier this week - the metal is looking to push back up to $14,000 per tonne."Rising premiums signal demand remains robust, while the limited nature of...Read More

Tin premiums paused at firm levels in Europe and the United States in the week to February 20, with the prospect of imminent shipments arriving from Indonesia fueling a more cautious tone. 99.9% tin premiums hold around one-year high in Rotterdam Indonesian exports on the rise; China closed for Lunar New Year holidays LME spread backwardation widens againEuropean premium stays around one-year high...Read More

A lack of clarity about the outcome of the Section 232 investigation and how long the backwardation in London Metal Exchange forward spreads will persist have led to an impasse in the European aluminium market, with bulls less confident than they were despite still-elevated premiums.The P1020A in-warehouse Rotterdam duty-unpaid aluminium premium remained at a one-year high of $100-107 per ton...Read More

The recommendations made by the United States Department of Commerce for trade action against steel imports under its Section 232 powers would introduce "an elementary of uncertainty" into the market that would last until a final decision on the matter is made, according to Latin American steel group Ternium."We are looking at [this subject] with caution," M??ximo Vedoya, who will replace Daniel N...Read More