One of the topics that seems to be on the minds of investors right now is the idea of rising inflation. The recent global economic upturn, combined with a stimulative tax package, is causing some to believe that we're about to see the whites of inflation's eyes.If that truly is the case, how should we handle this as investors? Should we move our portfolios into asset classes that have been deemed...Read More

SHANGHAI, Jan. 18 (SMM)? 1/4 ?Nonferrous metals saw more deficits from January to November 2017 compared to the same period in 2016, according to a release from the World Bureau of Metal Statistics (WBMS).AluminiumAluminium saw a deficit of 1.57 million mt, following a deficit of 770,000 mt in 2016. Demand for primary aluminium for January to November 2017 was 54.92 million mt. This was 1.41...Read More

SHANGHAI, Jan 18 (SMM)? 1/4 ?Copper: Prices face downward pressure in the short term. LME copper is expected to trade at $7,000-7,130/mt today while the SHFE 1803 contract is to trade at 53,000-54,200 yuan/mt. On the spot market, discounts are likely to narrow to 160-110 yuan/mt as downstream customers restock.Aluminium: LME aluminium is expected to stay rangebound at $2,175-2,200/mt tod...Read More

-Dividend being paid to legacy shareholdersELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce it has set a distribution date of January 19, 2018 for the special dividend from the sale of the Dataram legacy memory business. Shareholders of record as of May 8, 2017 will be entitled to receive a special dividend equal to $0.208633136944 for each...Read More

SHANGHAI, Jan 18 (SMM)? 1/4 ?Copper: Prices face downward pressure in the short term. LME copper is expected to trade at $7,000-7,130/mt today while the SHFE 1803 contract is to trade at 53,000-54,200 yuan/mt. On the spot market, discounts are likely to narrow to 160-110 yuan/mt as downstream customers restock.Aluminium: LME aluminium is expected to stay rangebound at $2,175-2,200/mt tod...Read More

SHANGHAI, Jan 18 (SMM)? 1/4 ?Copper: Prices face downward pressure in the short term. LME copper is expected to trade at $7,000-7,130/mt today while the SHFE 1803 contract is to trade at 53,000-54,200 yuan/mt. On the spot market, discounts are likely to narrow to 160-110 yuan/mt as downstream customers restock.Aluminium: LME aluminium is expected to stay rangebound at $2,175-2,200/mt tod...Read More

ELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold" or the "Company") (NASDAQ: USAU), a gold exploration and development company, announced today that it agreed to sell $5 million of shares of its Series E convertible preferred stock in a non-brokered registered direct offering. The shares of Series E convertible preferred stock have an offering price equal to their stated val...Read More

Base metals prices on the London Metal Exchange were mostly higher at the close on Thursday January 18, with only tin bucking the higher trend. Aluminium prices closed over 2% higher than Wednesday's close price supported by stronger-than-expected Chinese data and the dollar weakening once more. "Judging by its current technical configuration, LME aluminium continues to consolidate from recent gai...Read More

Jen Wilcox, associate professor of chemical and biological engineering at Colorado School of Mines, served on a panel of the American Geophysical Union (AGU) that has adopted a revised position statement on climate intervention.The statement, titled "Climate Intervention Requires Enhanced Research, Consideration of Societal and Environmental Impacts, and Policy Development," was updated to reflect...Read More

Comex copper prices recovered from a multi-week low in the US morning on Thursday January 18, with solid Chinese data and a weaker dollar providing support. Copper for March settlement on the Comex division of the New York Mercantile Exchange inched up 1.10 cents or 0.3% to $3.20 per lb. The complex is largely being supported by a weakening dollar and the release of key Chinese data today. Chinese...Read More

Seaborne iron ore prices saw marginal gains on Thursday January 18 with Metal Bulletin's 62% Fe Iron Ore Index nudging up amid rising port prices and a stronger futures market. Metal Bulletin's 62% Fe Iron Ore IndexToday: $74.87 per tonne cfr Qingdao Daily change: Up by $0.36 per tonne per tonne Month-to-date average: $76.64 per tonne Metal Bulletin's...Read More

Comex copper prices recovered from a multi-week low in the US morning on Thursday January 18, with solid Chinese data and a weaker dollar providing support. Copper for March settlement on the Comex division of the New York Mercantile Exchange inched up 1.10 cents or 0.3% to $3.20 per lb. The complex is largely being supported by a weakening dollar and the release of key Chinese data today. Chinese...Read More

Turkish rebar and wire rod prices have dropped due to weak demand and weaker billet values, sources said on Thursday January 18.Metal Bulletin's weekly price assessment for rebar exports out of Turkey was $565-570 per tonne fob on an actual weight basis, down from $575-585 per tonne.Turkish steel mills...Read More

Avanco Copper has entered into an agreement to buy Vale's Pantera high-grade copper-gold project, located near its existing operations in Brazil's northern region of Caraj??s.Still at an early stage of exploration, Pantera "has the potential to significantly add resources, reserves and a longer-term production profile for the company," Avanco Copper said earlier this...Read More

London Metal Exchange aluminium nearby spreads have moved into backwardation for the first time in five months, yet the physical market expects the recent uptrend in European premiums to continue.Tight spreads that make stock financing unprofitable and typically prompt some destocking, which in turn put downward pressure on premiums, have yet to dent the upbeat sentiment in the European aluminium...Read More

Barrick Gold Corp is analyzing a revised sanction related to its Pascua Lama project issued on Wednesday January 17 by Chile's Superintendencia del Medio Ambiente (SMA), the company said. The Pascua Lama copper, gold and silver project, located on the border of Chile and Argentina, is currently operating under a temporary closure plan in Chile. The revised sanction includes a cut in the original S...Read More

Vedanta's Hindustan Zinc unit reported a 4% slip in net profit from October to December 2017 despite surging commodity prices. The quarterly earnings dropped to 22.3 billion rupees ($349.5 million) on a drop in investment income, from 23.2 billion rupees a year ago, according to a regulatory filing released on Thursday January 18. The biggest zinc miner in India also said it had produced 3% less z...Read More

The latest metal markets news and price moves to start the North American day on Thursday January 18.Base metals prices on the London Metal Exchange were back trading in positive territory this morning, supported by slightly stronger Chinese data.Here is how the LME base metals complex looked at 12.43pm London time:For a snapshot of exchange news, check out our live futures report.The LME has appo...Read More

Brazil's foreign trade chamber, Camex, has decided not to impose final trade sanctions against imports of hot-rolled coil (HRC) from China and Russia, despite the confirmation of dumping practices.In a meeting held by Camex's ministers on Thursday January 18, the chamber applied five-year anti-dumping duties on Chinese and Russian HRC, but then suspended the measures due to "public interest."Camex...Read More

Iranian export billet prices lost $10 per tonne over the week while several bookings were heard done at lower prices.Metal Bulletin's weekly price assessment for Iranian export billet was $500-510 per tonne fob on January 17, against $510-520 per tonne fob a week earlier.Offers of billet from traders and mills were varying within the range of $510-520 per tonne fob.In particular on January 15, Kho...Read More