Chinese vanadium markets flattened last week ahead of the Chinese New Year holiday, while US and European prices continued to be reinforced by falling regional inventories. Chinese price flatlines ahead of Chinese New Year holiday European market rebounds on spot demand uptick, tight market US market resumes strength on continued supply concerns Few exporters were quoting over the pas...Read More
Global manganese ore supply grew by 26% in 2017 to 19.13 million tonnes of manganese units, according to the latest data from the International Manganese Institute (IMnI). The figure is equivalent to 58.2 million wet metric tonnes of manganese ore. In December 2017 alone, global production reached 1.89 million tonnes of manganese ore units, up 50% year on year, as world demand increased 18.5% to 1...Read More
Miners are once again likely to secure a reduction in zinc treatment charges (TCs) for 2018, although perhaps not by as much as their initial offers to smelters would suggest. With the annual TCs negotiations underway at the International Zinc Association (IZA) meeting in the US state of California, consensus among participants is that the range for negotiations is between $140 and $155 per tonne....Read More
Production capacity of Organigram Holdings Inc. (TSXV:OGI) triples to 16,000 kg per annum after license approval from Health CanadaSmallCapPower | February 13, 2018: Organigram Holdings Inc. (TSXV:OGI), a Moncton-based licensed medical cannabis producer, announced Monday that it has received a cultivation license of expansion from Health Canada related to its previously-announced Phase 2 expansion...Read More
Uncertainty surrounding Brexit continues to be a concern for UK metals traders from small- and medium-sized enterprises conscious that The Registration, Evaluation, Authorisation and Restriction of Chemicals (Reach) deadline is looming, Metal Bulletin learned at last week's REACH Under The Microscope Forum. While some traders are still unregistered and grappling with paperwork to meet the deadline...Read More
After receiving several queries from central banks seeking assistance on this issue, the World Gold Council commissioned this Guidance, providing a common accounting framework for monetary gold.As monetary gold is held for similar reasons among all central banks, it seems appropriate for there to be a single method for the accounting and reporting of this asset by central banks.Current general pur...Read More
Turkish steel producers skipped Tuesday February 13 with no deep-sea bookings, amid high offer prices, market participants told Metal Bulletin.Scrap suppliers in the Baltic Sea region were heard offering HMS 1&2 (80:20) at around $355 per tonne cfr, but mills in Turkey were not willing to pay such high prices, sources said.The most recent deals, heard at the end of the last week, were from the Uni...Read More
Golden Share Resources Corporation (TSXV: GSH) is a junior natural resource company, focusing on mineral exploration in the Province of Ontario, Canada, a mineral rich and politically stable jurisdiction. We learned from Nick Zeng, Chairman, President and CEO of Golden Share Resources, that their focus is currently on continuing cooperating with the Pacific Northwest National Laboratory (PNNL) to...Read More
UK ferrous scrap prices for monthly deliveries to consumers in February have settled with decreases of around ?20-25 per tonne compared with January's settlements, trade sources told Metal Bulletin this week.One main factor in settling February contracts was the steady drop in the scrap import price into Turkey, a key export market for British steel scrap, sources said.Turkish buyers shied away f...Read More
Domestic coking coal prices in China rose in the beginning of February amid tighter supply of premium products and higher demand for thermal coal in the country. Metal Bulletin's assessment of domestic prices for hard coking coal in Shanxi delivered to Tangshan was 1,570-1,950 yuan ($248-309) per tonne for the week to Friday February 9, up 75-100 yuan per tonne compared with a month earlier. Offer...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Westminster (TSXV: WMR) Signs Definitive Peru Agreement Vancouver, British Columbia - February 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Westminster Resources Ltd. (TSXV: WMR) is pleased to announce that it has signed the definitive agreement t...Read More
Base metals on the London Metal Exchange are recovering again this morning, Tuesday February 13, with prices up by an average of 0.7%. Copper ($6,924 per tonne) and nickel lead the way with gains of 0.9%, while lead is the laggard with a 0.3% increase.Volume has been average with 8,757 lots traded as of 07.07 am London time, although half of that has been in copper. This follows gains on Monday fo...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cava Resources Inc. (TSXV: CVA) Completes Acquisition of Gold Rush Cariboo Inc. Including the Horseshoe Bend Alluvial Gold Project and Option on 16 Additional Properties Toronto, Ontario - February 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cava...Read More
In no way does this discussion minimize prejudice and racism others have and still face. Just because this article highlights an often overlooked type of prejudice does not mean we think other kinds don’t exist.We have discussed how the war on drugs was designed to empower the government to crack down on certain groups, black people included, without the policy having to be explicitly racist...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports February 13, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts the latest movements in the gold and silver markets.Our proprietary cycle indicator is down....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Lupaka Gold (TSXV: LPK) (FSE: LQP) Completes Financing for Development of the Invicta Gold Project Vancouver, British Columbia - February 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Lupaka Gold Corp. (TSXV: LPK) (FSE: LQP) ("Lupaka Gold" or the "...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Thunderstruck (TSXV: AWE) Announces Discovery of Widespread Gold Mineralization at Liwa Creek Prospect, Samples 36 g/t Gold in Outcrop Vancouver, British Columbia - February 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Thunderstruck Resources Ltd....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Vendetta (TSXV: VTT) Reports Additional High Grade Drilling Results from the Recent Bridge Zone Discovery at the Pegmont Lead-Zinc Project Vancouver, British Columbia - February 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vendetta Mining Corp. (T...Read More
CloseGain/LossGold $1329.30+$8.00Silver$16.57+$0.05XAU81.06-0.03%HUI180.45UNCHGDM615.81+0.37%JSE Gold1170.31+51.97USD89.69-0.45Euro123.51+0.59Yen92.78+0.76Oil$59.19-$0.1010-Year2.829%-0.028T-Bond144.75+0.34375Dow24640.45+0.16%Nasdaq7013.51+0.45%S&P2662.94+0.26% The Metals: Gold gained $9.40 to $1330.70 in London before it fell back to $1322.90 in early New York trade, but it then rallied b...Read More
China's hot-rolled coil prices held steady on Tuesday February 13 with major markets at a virtual standstill despite a second day of gains in the futures market.DomesticEastern China (Shanghai): 4,110-4,130 yuan ($650-654) per tonne, unchangedNorthern China (Tianjin): 4,000-4,030 yuan per tonne, unchangedDomestic prices held steady amid sparse trading in major markets including Shanghai and Tianji...Read More