Nickel briquette premiums cif China were steady week on week in spite of a production outage at the Ambatovy project in Madagascar. Premiums for nickel briquette from LME warehouses cif China remained at $130-140 per tonne in the week ended Friday January 19, sources told Metal Bulletin. Meanwhile, duty-free nickel briquettes from Australia and Madagascar are being offered at premiums of $350-360...Read More
Golden Arrow Resources (GRG.V) and SSR Mining (SSRM, SSR.TO), the 25/75 joint venture partners on the Pirquitas and Chinchillas projects have now received the approval of the Environmental Impact Assessment for the Chinchillas project. This means the final 'hurdle' has now been overcome and development is already underway.The partners expect the first ore from the Chinchillas deposit to be process...Read More
Diamond drilling at the Zoro 1 property near Snow Lake, Manitoba. Source: Far Resources Ltd.Far Resources Ltd. [FAT-CSE; OTC-FRRSF; FOR-FSE] said Friday January 19 that it has launched a new phase of drilling at its Zoro lithium property near Snow Lake, western Manitoba.The move comes after the company received a permit from the Manitoba Government's office of Sustainable Development to drill 2,00...Read More
CanniMed Therapeutics Inc. (TSX:CMED) postponed its key shareholder meeting to allow discussions regarding a possible transaction with Aurora Cannabis Inc. (TSX:ACB)SmallCapPower | January 19, 2018: CanniMed Therapeutics Inc. (TSX:CMED) Thursday announced the postponement of its key shareholder meeting to January 25, 2018, from January 23, 2018. CanniMed has determined to postpone the Meeting to a...Read More
Selenium prices rose over the past week on dwindling supply and buoyant demand from India. "There are usually two reasons for selenium prices to go up or down - a change in demand from either India or China. And both Chinese and Indian markets are hot right now," a market participant said. Metal Bulletin's selenium price rose to $18-19.5 per lb in the midweek assessment on Wednesday January 1...Read More
LiCo Energy's Teledyne cobalt property in the famous sil;er-cobalt camp near Cobalt, northeastern Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV, WCTXF-OTCQB] on Friday January 19 released some of the best cobalt values encountered so far at its Teledyne and Glencore Bucke exploration properties northeast of Cobalt, Ontario. The latest results are assays from two holes d...Read More
The UK inter-merchant price range for austenitic alloy steel scrap fell by ?40-60 per tonne this week as both the US dollar and nickel prices weakened, sources said on Friday January 19.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?900-940 ($1,247-1,302) per tonne delivered on Friday, compared with ?960-980 per tonne on January 12.The London Metal...Read More
The scrap prices in the major markets, other than the United States, have softened in line with weak demand from Turkish steel producers during the working week from Monday January 15 to Friday January 19.However, the US market was also expected to follow the trend, with Baltic Sea and European suppliers having already agreed to sell material to Turkey at lower prices at the end of the week.Turkey...Read More
Mr. Klip shares his views on lithium supply and demand, as well as his thoughts on the lithium sector as a whole. Mr Klip gives an update on International Lithium as well as his 5 year outlook for the company. International Lithium's primary focus is their stake in the Mariana lithium-potash brine project in Argentina, partnered with Chinese giant Ganfeng Lithium. On January 8, 2018, International...Read More
Prices for containerized imports of ferrous scrap into India fell this week, with negative sentiment and a drop in demand weakening the market, sources told Metal Bulletin on Friday January 19.Indian import scrap markets achieved their highest prices for more than three years a fortnight ago, but the market undid those gains after a sharp decline in buying activity in Pakistan.Metal Bulletin's ind...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Benton (TSXV: BEX) Continues to Expand the Traxxin Gold Zone and Identifies New Prospective Areas at Bedivere Project Thunder Bay, Ontario - January 19, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the C...Read More
Comex copper prices were once again trading in negative territory on Friday January 19 despite the dollar trading at the lowest point since January 2015. Copper for March settlement on the Comex division of the New York Mercantile Exchange declined 0.85% or 0.3% to $3.1905 per lb. Since the beginning of the month, the...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Turnarounds Coming at Three Resource Companies?Source: Adrian Day for Streetwise Reports January 19, 2018 (Investorideas.com Newswire) Adrian Day of Adrian Day Asset Management provides updates on three resource companies with recent developments, one of wh...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Labrador Gold (TSXV: LAB) Announces Staking of Additional Claims at AshuanipiAdditional 296 claims staked to cover potential extension of district scale anomaly Vancouver, British Columbia - January 19, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Lab...Read More
Base metals prices on the London Metal Exchange are stronger across the board this morning, Friday January 19, with the complex up by an average of 0.6%. Aluminium prices ($2,262 per tonne) saw the biggest increases with a 0.8% gain and lead is the laggard with a 0.4% gain ($2,616 per tonne), while copper prices, at $7,125 per tonne, are up 0.7%. Volume has been high with 11,182 lots traded as of...Read More
"It's important, given these rumors that are out there, to let people know - more specifically today, employers - that if they voluntarily start giving up information about their employees or access to their employees in ways that contradict our new California laws, they subject themselves to actions by my office," [California] state Attorney General Xavier Becerra said at a news conference. "We w...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cruz Cobalt Corp. (TSXV: CUZ) Encounters Strong Magnetic Anomalies on BC Cobalt Prospects Vancouver, British Columbia - January 19, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2DMG8) Cruz Cobalt...Read More
Coated flat steel prices in Turkey were stable this week, with demand showing little strength in the local and export markets, sources told Metal Bulletin on Friday January 19.Demand was weak because the buyers wanted to see whether prices would fall, producers said.Domestic pricesIn Northern Turkey, 0.50mm gauge hot-dipped galvanized coil (HDG) was on offer at $795-800 per tonne ex-works from one...Read More
Most flat steel prices in Turkey's domestic market were stable this week, while import prices have decreased, market participants told Metal Bulletin on Friday January 19.Local producers are accepting orders for March and early-April production, but demand was not strong this week because buyers wanted to wait to see whether the price increases will continue. Besides, retail prices fell this week,...Read More
CloseGain/LossOn WeekGold $1332.20+$5.90-0.43%Silver$17.02+$0.08-1.28%XAU87.97+0.46%-1.28%HUI196.93+0.20%-2.19%GDM662.24-0.01%-1.21%JSE Gold1297.69-11.87-2.53%USD90.67+0.15-0.31%Euro122.19-0.22+0.11%Yen90.42+0.26+0.43%Oil$63.37-$0.58-1.45%10-Year2.661%+0.041+4.43%Bond148.59375-0.84375-1.25%Dow26071.72+0.21%+1.04%Nasdaq7336.38+0.55%+1.04%S&P2810.30+0.44%+0.86% The Metals: Gold gained $11.60...Read More