The rally in Gold and gold mining stocks easily surpassed our expectations and targets. The strength has been far more than we anticipated. The gold stocks blew past their 200-day moving averages while Gold blew past $1300/oz. Now it is time to take a technical look and focus on the key support and resistance targets.The strength of the rebound pushed the miners well beyond their 200-day moving av...Read More
Cooperation on nuclear power technology is to be expanded between China General Nuclear (CGN) and the French Alternative Energies and Atomic Energy Commission (CEA) under an agreement signed yesterday in Beijing. New Areva and China National Nuclear Corporation (CNNC) have also agreed to work towards signing a contract for the construction of a used fuel processing and recycling facility in China....Read More
Nickel continued to rally on the London Metal Exchange during afternoon trading on Wednesday January 10, closing in positive territory alongside the rest of the metals.The three-month nickel price closed up 1.8% on Tuesday's close, having hit an intraday high of $13,200 per tonne earlier, thanks to a tighter market and robust demand from the stainless steel sector."We have a constructive view over...Read More
A wave of labor negotiations at several of the world's leading copper mines is taking place this year and could have a significant impact to the global copper supply and prices.Among such talks are BHP-operated Escondida mine, Antofagasta's Los Pelambres and several of Codelco's mines, all in...Read More
The London Metal Exchange closed 2017 in positive fashion as average daily volume (ADV) climbed 19.3% after two previous months of decline. Lead was the strongest performer, with ADV climbing over 50% from December 2016 with 55,717 lots. Last month, lead was the only base metal to record a significant year-on-year increase. Copper's ADV was up 24.3% from the previous year to 150,723 lots, after it...Read More
Key data from the January 10 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al) $ per kg, delivered duty-paid in EuropeToday Previous Change to midpoint of range Midpoint % change 4.80-5.60 4.80-5.60 0 0 Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn) $ per l...Read More
Key data from the January 10 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al) $ per kg, delivered duty-paid in EuropeToday Previous Change to midpoint of range Midpoint % change 4.80-5.60 4.80-5.60 0 0 Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn) $ per l...Read More
Unspecified technical issues at Birla Copper's Dahej copper smelter have caused the plant to lower output and to delay scheduled cargoes of copper concentrates or to divert into the spot market, sources told Metal Bulletin.Tonnages due for January and February arrival at Dahej, a 500,000-tonne-per-year smelter in Gujarat in the west of India, have been postponed until later months or are being red...Read More
The London Metal Exchange closed 2017 in positive fashion as average daily volume (ADV) climbed 19.3% after two previous months of decline. Lead was the strongest performer, with ADV climbing over 50% from December 2016 with 55,717 lots. Last month, lead was the only base metal to record a significant year-on-year increase. Copper's ADV was up 24.3% from the previous year to 150,723 lots, after it...Read More
After a year focused on re-establishing stability, the London Metal Exchange has started 2018 with its attention on driving more liquidity to the bourse by launching the Introducing Broker membership category and broadening its contract portfolio, says senior metals market consultant Martin Hayes. Twelve months ago, it was fair to say that the LME was facing a period of uncertainty - it had lost i...Read More
LiCo Energy geologist Joerg Kleinbeck at the ramp entrance to the Teledyne Project northeast of the Town of Cobalt, Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV; WCTXF-OTCQB] on Wednesday January 10 released new assay results from drilling at its Glencore Bucke property northeast of the Town of Cobalt, northeast Ontario.Highlights include drill hole GB17-20, which inte...Read More
Shares of Aphria Inc. (TSX:APH) jumped 15% after announcing a joint venture with greenhouse grower Double Diamond FarmsSmallCapPower | January 10, 2018: Aphria Inc. (TSX:APH) announced Monday that it has entered into a partnership with Leamington-based greenhouse grower Double Diamond Farms for the creation of a new joint venture 'GrowCo' that would deliver incremental annual production capacity 1...Read More
(1)True thickness to be determined.(2)All samples were submitted for preparation and analysis by ALS Chemex at its facilities in Lima, Peru. All samples were analyzed using multi-digestion with ICP finish and select samples were analyzed for gold using fire assay with AA finish. Samples over 1% copper were reanalyzed using four acid digestion with an ore grade ICP finish. Mineralized samples were...Read More
Key data from the January 10 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al) $ per kg, delivered duty-paid in EuropeToday Previous Change to midpoint of range Midpoint % change 4.80-5.60 4.80-5.60 0 0 Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn) $ per l...Read More
The Turkish deep-sea scrap market went quiet on Wednesday January 10, with the mills in the country trying to put downward pressure on prices.But while mills were trying to reduce scrap prices, suppliers remained firm because the heavy winter conditions increased their costs, sources said."The mills went quiet, waiting for a supplier who is in hurry to sell. Five or six Baltic Sea suppliers...Read More
The London Metal Exchange closed 2017 in positive fashion as average daily volume (ADV) climbed 19.3% after two previous months of decline. Lead was the strongest performer, with ADV climbing over 50% from December 2016 with 55,717 lots. Last month, lead was the only base metal to record a significant year-on-year increase. Copper's ADV was up 24.3% from the previous year to 150,723 lots, after it...Read More
After a year focused on re-establishing stability, the London Metal Exchange has started 2018 with its attention on driving more liquidity to the bourse by launching the Introducing Broker membership category and broadening its contract portfolio, says senior metals market consultant Martin Hayes. Twelve months ago, it was fair to say that the LME was facing a period of uncertainty - it had lost i...Read More
Domestic prices for heavy steel plate in Europe are expected to move upward on higher costs for slab and other raw materials, sources told Metal Bulletin on Wednesday January 10.In the meantime, however, prices have been largely unchanged this week with the market still slow after Christmas holidays.Metal Bulletin's weekly price assessment for domestic grade-S235JR heavy steel plate in Southern Eu...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop DNI Metals (CSE: DNI) (FSE: DG7N) (OTC Pink: DMNKF) - Assays for Additional 4 of 28 Diamond Core Holes Received; Including 11m Grading 5.38% Graphitic Carbon Toronto, Ontario - January 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) DNI Metals Inc. (...Read More