Metal Bulletin rounds up some of the key news and price moves across the global metal markets in the week from Monday January 22 to Friday January 26.Base metalsSingaporean trading house Kyen Resources is opening a London office to expand its operations into Europe and will trade base metals, starting with aluminium and concentrates.Freeport-McMoRan reported a strong finish to 2017, with net incom...Read More

First Cobalt (FCC.V) has published its new year resolutions as it has announced its 2018 exploration program in Canada's Cobalt Camp. Whilst the 2018 program will continue to focus on mapping, prospecting and geophysical surveys, First Cobalt has also earmarked funds for a 26,500 meter drill program across no less than 13 targets which could provide access to near-surface material.This indicates a...Read More

China imported 1.28 million tonnes of lead concentrates and ores in 2017, down 9.33% from a year ago, according to customs data. Lead concentrate and ores imports in December dropped 28.7% year on year to 83,167 tonnes. A recent study by the research arm of Jiangxi Copper said China was facing a lead concentrates deficit of 210,000 tonnes in 2017. China imported no lead concentrates from North Kor...Read More

Prize Mining (PRZ.V) has reported on the final assay results from the Daylight drill program, and the company was actually able to positively surprise us. We were very charmed by hole 7 on the Great Western Zone which returned 71.2 meters containing 1.09 g/t gold, as this compares favorably to the average grade in the historical resource estimate on the property.We said before Prize should really...Read More

China's tin ore and concentrates imports fell 37.7% year on year to 295,421 tonnes in 2017, while its refined tin exports almost doubled to 2,175 tonnes compared with 2016, according to the latest Chinese customs data.Chinese importers said there has been a significant decrease in tin concentrates shipments from Myanmar, where 90% of China's imported material originates, with some market participa...Read More

Left to right, Garth Braun, Craig Wiebe, and Don Noakes after a successful afternoon touring the progress made on the Blackbird Energy facility equipment. Source: Blackbird Energy Inc.British Columbia-based newsletter and resource analyst writer Marin Katusa has named Blackbird Energy Inc. [BBI-TSXV] as one of his top stock picks. During the recent Cambridge House Vancouver Resource Investment Con...Read More

Viscount Mining Corp. (TSXV:VML) believes the historic Kate deposit, which current drilling is targeting, may be thicker and/or deeper than previously estimatedSmallCapPower | January 26, 2018: On January 25, 2018, Viscount Mining Corp. (TSXV:VML) announced results from two more holes from its Phase 2 drill program at its Silver Cliff property in Colorado. These are the third batch of twinned hol...Read More

Click to EnlargeLiCo Energy Metals Inc. [LIC-TSXV, WCTXF-OTCQB] was among the most actively traded stocks on the TSX Venture Exchange Friday January 26 after the company announced that the Phase 1 diamond drilling program at the Glencore Bucke property near Cobalt, northeast Ontario achieved its objectives.By early afternoon on Friday, almost 10 million shares had changed hands as the stock rose 1...Read More

Newstrike Resources Ltd. (TSXV:HIP) has a strong brand in Canada because of its partnership with iconic Canadian musical artists The Tragically HipSmallCapPower | January 26, 2018: Newstrike Resources Ltd. (TSXV:HIP) shares slid 19% to close at $1.47 on Wednesday following a friendly agreement in which Aurora Cannabis Inc. (TSX:ACB) will acquire CanniMed Therapeutics Inc. (TSX:CMED) in a stock-a...Read More

Metals of Interest: LithiumLocation: Abitibi-East County, QuebecSurface area: 35 contiguous recorded mineral claims for a total area of 1,509 hectares or 15.1 square kilometersGreat Thunder Gold Corp. (TSXV: GTG) is pleased to announce that it has received assay results from its drilling program at its 100%-owned Chubb Lithium Project located approximately 32 kilometres north of Val d'Or, Quebec,...Read More

Global ferrous scrap prices continued to tumble in the week from Monday January 22 to Friday January 26, amid poor demand for Turkish rebar and weaker sentiment among traders.Turkey importsTwo fresh Turkish import deals were heard this week, with prices showing a further decline after last week's drop.A steel mill in the Iskenderun region booked a US cargo, comprising 12,000-15,000 tonnes of plate...Read More

The Klondex Mines Fire Creek gold mine in Lander County, northern Nevada. Source: Klondex Mines Ltd.Klondex Mines Ltd. [KDX-TSX; KLDX-NYSE] on Friday January 26 announced the final results of a 2017 surface exploration drill program at its Fire Creek Mine in northern Nevada.The program was designed to test the Zeus target (formerly known as the West Zone), which is 1.2 km northwest of the current...Read More

The market in the United Kingdom for grade-5C ferrous scrap has dropped in the past week, sliding in line with export prices to key destinations such as Turkey and the Indian subcontinent.British steel scrap in its traditional overseas markets is becoming more expensive this year amid a weakening of the dollar versus sterling. This makes the material more expensive for traditional buyers of scrap...Read More

CanAlaska Uranium Ltd. (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N) is a project generator that holds interests in approximately 152,000 hectares (375,000 acres), in Canada's Athabasca Basin region, famous for its large, high-grade uranium resources. While advancing the West McArthur and Cree East uranium projects, CanAlaska's primary focus is on uranium. We learned from Peter Dasler, who is Presid...Read More

Turkish steel mills have gone through this week with only one booking being made for deep-sea scrap, but they still expect to book further cargoes for February delivery, sources said on Friday January 26.Mills in the country have continued to struggle with weak demand for rebar exports and have been trying to keep their scrap purchases at a slow pace, sources told Metal Bulletin.The mills too...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Eric Sprott Announces Holdings In RNC Minerals Toronto, Ontario - January 26, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Eric Sprott announces that between January 19 and January 25, 2018, he sold (through his holding company, 2176423 Ontario Ltd.)...Read More

Base metals prices on the London Metal Exchange are mixed this morning, Friday January 26, with the complex up by an average of 0.2%.Three-month nickel prices ($13,800 per tonne) are strongest with a 0.6% gain, lead prices ($2,599 per tonne) and copper prices ($7,143 per tonne) are up by 0.5% and 0.4% respectively, while aluminium, zinc and tin are down between 0.1% and 0.2%. This week has seen co...Read More

Parenting for Freedom article series: This is the fifth 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.For a long time, the issue that held me back from being a full-fledged anarchist was the question of children. In a truly free so...Read More

Trade Deficit with China Widens on Trump's Watch Most things come easier said than done. Take President Trump's posture on trade with China. Trump doesn't want a bigger trade deficit with China. He wants a smaller trade deficit with China. In fact, reducing the trade deficit with China is one of Trump's promises to Make America Great Again. We are often willing to give Donald Trump the ben...Read More

Export prices of Latin America-origin cold-rolled coil (CRC) and plate have increased, while the price of hot-rolled coil (HRC) remained unchanged amid renewed demand from Europe, Metal Bulletin has heard.Metal Bulletin's weekly assessment of export prices for CRC was $680-695 per tonne fob on Friday January 26, up from $670-685 per tonne fob a week earlier.Prices for heavy plate rose to $600-610...Read More