TSX: OSKwww.osiskomining.com Mr. John Burzynski reports: New Bobcat Zone Returns 42.4 g/t Au over 3.3 Metres Near Surface TORONTO, ONTARIO--(Marketwired - Jan. 25, 2018) - Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to provide new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, E...Read More

Movements in the pricing of steel and steel commodities in 2018 will not be sharp, according to G??khan Demiruz, chairman of Turkey's Flat Steel Importers, Exporters & Industrialists Association (Yisad).Price movements will continue in 2018, but will not change prices by more than 20-25%, Demiruz said.Turkey consumed about 16.50 million tonnes of flat steel in 2017, while imports totaled about 8 m...Read More

TSX VENTURE: KCCwww.kincoracopper.com Mr. Sam Spring reports:A review of the West Kasulu prospect at Bronze Fox by Mining Associates supports an exploration target of:416 Mt to 428 Mt grading 0.26% to 0.30% copper for up to 2,437Mlb of copper and 0.84Moz gold, ranking as one of the largest potential in-situ copper-gold systems in Mongolia and with only modest drilling. The potential quantity...Read More

German steel producer Salzgitter will upgrade its platemaking facilities to anneal and further process 200,000 tonnes per year of heavy plates by 2020, the company has announced.The investment will boost the availability of plate suitable for high-wear uses including the construction of offshore wind turbines and pressure vessels, among other demanding purposes.Salzgitter will invest more than ?,?...Read More

TSX VENTURE: Zwww.zincone.com Mr. James Walchuck reports: Update on Commencement of Drill Program Vancouver, British Columbia--(Newsfile Corp. - January 25, 2018) - Zinc One Resources Inc. (TSXV: Z) (OTC Pink: ZZOF) (FSE: RH33) ("Zinc One" or the "Company") has received additional results from an ongoing surface-sampling program at its Bongar?? Zinc Mine Project in north-central Peru.Highlights fr...Read More

TSX: EDRwww.edrsilver.com Mr. Bradford Cooke reports:VANCOUVER, British Columbia, Jan. 25, 2018 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (TSX:EDR) (NYSE:EXK) issued today the 2018 production and cost guidance for its three operating mines and one development project in Mexico: the Guanacev?- mine in Durango state, the Bola??itos and El Cubo mines in Guanajuato state, and the El Compas mine, now...Read More

TSX VENTURE: GGIwww.garibaldiresources.com Mr. Steve Regoci reports:VANCOUVER, Jan. 25, 2018 /CNW/ - Garibaldi Resources (TSX.V: GGI) (the "Company" or "Garibaldi") is pleased to provide the following exploration update for its nickel-copper-rich massive sulphide discovery at Nickel Mountain, 11 miles southwest of Eskay Creek.Highlights:Drill hole EL-17-10 supports the very high tenor and purity o...Read More

Turkish billet prices have weakened over the past seven days, in line with the falling cost of scrap imported into the country, sources said on Thursday January 25.Metal Bulletin's weekly price assessment for billet imports into Turkey was $515-525 per tonne cfr on January 25, down from the $520-530 per tonne of last week.The downward movement in the weekly assessment came after CIS-region supplie...Read More

Turkish domestic long steel prices have remained firm over the past week despite strong demand, sources said on Thursday January 25.Metal Bulletin's weekly price assessment for domestic rebar was $570-580 per tonne ex-works on January 25, widening upward from the $570-575 per tonne of last week.The domestic rebar...Read More

Turkish rebar and wire rod export prices have fallen over the past week, in line with the weak demand in the country's major export markets and decreasing imported scrap costs, sources said on Thursday January 25.Metal Bulletin's weekly price assessment for rebar exports out of Turkey on January 25 was $550-560 per tonne fob, down from the $565-570 per tonne...Read More

Steel billet import prices in Egypt fell slightly and domestic rebar prices remained unchanged in the week to Thursday January 25. Billet import prices fell amid lower bids and a news of a low-priced deal for material from Iran. "The market is slow this week [and] most people are waiting for a further price drop," a trader told...Read More

Analysts at Macquarie have cut their price forecasts for cobalt, citing easing tightness for the battery raw material in the coming years amid expectations of supply growth. Rising output from Glencore's copper-cobalt operations in Africa will push the market into a surplus in the medium term, for example, the analysts said. Cobalt output from Glencore's Katanga mine in the Democratic Republic of...Read More

The current rally in molybdic oxide and ferro-molybdenum prices has persisted this week, with deals reported pushing price ranges up to new highs although demand is slowing, sources told Metal Bulletin.The rally this year has propelled oxide prices to a three-and-a-half-year high, with ferro-molybdenum prices increasing to the same historical comparison. Molybdenum drummed molybdic oxide prices we...Read More

Ferro-alloys trader Massimiliano Gentile has joined Belgian trading house Metraco, the company told Metal Bulletin. Formerly a senior trader at Euromet SA in Switzerland, Gentile will trade ferro-titanium from...Read More

Molybdenum prices in China climbed to their highest level since March 2013 this past week, underpinned by concerns of tightening supply following the recent suspension of operations at a major mine and healthy demand from the domestic stainless steel sector.Metal Bulletin assessed molybdenum concentrate 45% Chinese free market in-warehouse prices at 1,610-1,650 yuan ($252-259) per metric tonne uni...Read More

Iron ore prices strengthened further on Thursday January 25 though trading activity appears to have slowed down following higher fixed-price transactions concluded recently. Metal Bulletin's 62% Fe Iron Ore Index Today: $75.04 per tonne cfr Qingdao Daily change: up by $0.51 per tonne Month-to-date average: $76.31 per tonne Metal Bulletin's 58% Fe Premium...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: Iron oreIron oreRio Tinto, tender, 210,000 tonnes of 61% Fe...Read More

Gains in China's steel and futures markets led to more offers for seaborne iron ore being made on Thursday January 25, outnumbering the number of bids, and despite higher fixed-price transactions, premiums for index-linked cargoes weakened.Key driversChina's ferrous futures rose across the board during the day, while spot prices for rebar and hot-rolled coil also increased 10-30 yuan ($1.60-4.70)...Read More

The seaborne coking coal spot market continues to weaken with offers falling further and transactions being concluded below previous levels. A cargo of premium low-vol hard coking coal was heard traded at $213 per tonne fob Australia while another was traded around $207-208 per tonne cfr China. A shipment of lower-ranked second-tier hard coking coal changed hands around $173-174 per tonne fob Aust...Read More

China's ferrous futures were mixed during morning trading on Thursday January 25 with steel contracts ending the session slightly lower than their opening prices while those for raw materials rose. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,953 ($619) per tonne, down 1 yuan per tonne May hot-rolled coil: 3,957 yuan per tonne, down 3 yuan per tonne Dalian Commod...Read More