China, the world's largest copper consuming country, imported 4.69 million tonnes of unwrought copper in 2017, down 5.7% from a year ago, according to the latest customs data.The amount of unwrought copper brought into the country in 2016 was 4.95 million tonnes. The drop stands in contrast to the rising domestic copper production. For the first ten months...Read More
Operations at Glencore's Pasar copper smelter in Philippines have been suspended since last week due to a technical failure, a source at the company confirmed to Metal Bulletin on Friday January 12. "There has been an equipment failure at the plant related to the cooler (and relevant controls have already kicked in) and operations have been suspended," the source said. It is not yet known when the...Read More
Aerial view of the past-producing Sterling Gold Mine in southwest Nevada. Source: Northern Empire Resources Corp.Toronto investment firm M Partners has named Northern Empire Resources Corp.'s [NM-TSXV, PSPGF-USOTC] as its top exploration pick for 2018.In a Mining New Year Review that was published on January 9, 2018, M Partners said it is recommending the stock amid expectations that Northern Empi...Read More
Shares of Radient Technologies Inc. (TSXV:RTI) have surged more than 340% in the past six months, hitting an all-time high of $2.28 on January 9SmallCapPower | January 12, 2018: Radient Technologies Inc. (TSXV:RTI) shares climbed 16% on Tuesday after the Company provided an update on its operations and 2018 growth initiatives. Along with corporate updates, Radient Technologies announced real estat...Read More
Map depicting the various mineral properties of Columbus Gold's spin-out company, Allegiant Gold Ltd. Source: Columbus Gold Corp.Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX] on Friday January 12 said it has taken another key step towards the planned spin-out of its Western United States exploration assets into a new company, Allegiant Gold Ltd. The company said it has obtained conditional approval f...Read More
Aluminium foundry alloy tags inched up slightly in Europe this week but stayed flat in the United States. Market participants presented varying pictures of demand around the globe - it was said to be good in general but stronger for heavier vehicles, particularly in the US.12-Jan-2018 ...Read More
The TerraX Minerals core shack in the Northwest Territories. Source: TerraX Minerals Inc.TerraX Minerals Inc. [TXR-TSXV, TRXXF-OTC Pink, TXO FSE] said Friday January 12 it has struck a deal to acquire the Ptarmigan Mine property near the City of Yellowknife in the Canadian Northwest Territories.Ptarmigan is one of a number of former mines that historically made the Yellowknife area a major centre...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices retreated on Friday, to around $78 per tonne, following weakness in China's steel market, and after the potential for supply disruptions as a result of a cyclone in Australia reduced significantly.Seaborne coking coal prices were firm at the end of the week, with fob Australia...Read More
Scrap prices in the world's major markets except the United States continued to strengthen in the week from Monday January 8 to Friday January 12 amid low supplies of material.Turkish steel mills resumed their deep-sea scrap bookings at the beginning of the week and have now booked three deep-sea cargoes from the Baltic Sea region.Turkey importsTurkish steel mills booked deep-sea cargoes from the...Read More
Cobalt 27 Capital Corp. (TSXV: KBLT; FSE: 27O) is a minerals company that offers pure-play exposure to cobalt, an integral element in key technologies of the electric vehicle and battery energy storage markets. The company holds physical cobalt and is also focused on growing a cobalt-focused portfolio of streams, royalties and direct interests in mineral properties containing cobalt. We learned fr...Read More
Comex copper prices were lower on the morning of Friday January 12, with volumes small ahead of the US holiday weekend.Copper for March settlement on the Comex division of the New York Mercantile Exchange dipped by 0.45 cents or 0.1% to trade recently at $3.2285 per lb. The trading range so far has been between $3.2180 and $3.2490 per oz."Copper is comfortably consolidating," Metal Bulletin analys...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop TerraX (TSXV: TXR) Acquires Ptarmigan Mine Property on Eastbelt, Yellowknife City Gold Vancouver, British Columbia - January 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to r...Read More
Base metals prices on the London Metal Exchange are generally higher this morning, Friday January 12, with prices fairly uniformly up between 0.5% and 0.6% - apart from tin prices that are down 0.1% at $20,159 per tonne. Three-month copper prices are up by 0.5% at $7,167 per tonne and zinc prices have been as high as $3,405 per tonne, which is a fresh multi-year high.Volume has been average, with...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Optimum Entry Point for Gold and Silver StocksSource: Clive Maund for Streetwise Reports January 12, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund discusses why he believes a massive new sector bull market is about to begin in gold and sil...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Spearmint (TSXV: SRJ) (OTCBB: SPMTF) closes acquisition of two BC mineral properties Vancouver, British Columbia - January 12, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Spearmint Resources Inc. (TSXV: SRJ) (OTCBB: SPMTF) (FSE: A2AHL5) ("SRJ" or the...Read More
Parenting for Freedom article series: This is the fourth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.If you're a freedom-loving parent, you're probably doing all you can to give your children autonomy in their own lives. You're t...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices retreated on Friday, to around $78 per tonne, following weakness in China's steel market, and after the potential for supply disruptions as a result of a cyclone in Australia reduced significantly.Seaborne coking coal prices were firm at the end of the week, with fob Australia...Read More
Offer prices for South Korea-origin commercial grade hot-rolled coil (HRC) to India have increased by $25 tonne to $640-645 per tonne cfr Mumbai for shipments in March, Metal Bulletin heard on Friday January 12.This compared with offers made late in December at $615-620 per tonne cfr Mumbai.One Mumbai-based importer, while confirming the offers, said that the bids against the offers were in the ra...Read More
Controlled InflationAmerican consumers are not only feeling good. They are feeling great. They are borrowing money - and spending it - like tomorrow will never come. After an extended period of indulging in excessive moderation (left), the US consumer makes his innermost wishes known (right). [PT] On Monday the Federal Reserve released its latest report of consumer credit outstanding. A...Read More
Export prices for Latin America-origin cold-rolled coil (CRC) went up this week, while prices for hot-rolled coil (HRC) were flat amid renewed offers from Brazil.Metal Bulletin's weekly assessment of Latin America's CRC export prices increased to $670-685 per tonne fob on Friday January 12, compared with $635-640 per tonne fob a week earlier.Meanwhile, Latin America's HRC export prices...Read More