Recent News

SMM Morning Comments (Jan 18)

January 18, 2017 / news.metal.com

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

Trump Stresses Globalism but It Should Be Within a Process of Free Trade

January 18, 2017 / www.thedailybell.com

Donald Trump is committed to globalisation. Davos told Elite in Europe and US have misunderstood trade stance says Anthony Scaramucci … A senior member of Donald Trump's team insisted that the president-elect was committed to globalisation, open trade and Nato, despite recent comments that unsettled America's allies. -FTDonald Trump either misunderstand what globalism is, or he’s not...Read More

Hijos del Reino - Rev. Lowell David | Ekklesia 2017

January 18, 2017 / www.youtube.com

Rev. Lowell David , estuvo con nosotros compartiendo la palabra de Dios con en el tema los hijos del Reino en Ekklesia 2017.Read More

Trump Stresses Globalism but It Should Be Within a Process of Free Trade

January 18, 2017 / www.thedailybell.com

Donald Trump is committed to globalisation. Davos told Elite in Europe and US have misunderstood trade stance says Anthony Scaramucci … A senior member of Donald Trump's team insisted that the president-elect was committed to globalisation, open trade and Nato, despite recent comments that unsettled America's allies. -FTDonald Trump either misunderstand what globalism is, or he’s not...Read More

Binging with Babish: Kevin's Famous Chili from The Office

January 18, 2017 / www.youtube.com

Kevin Malone is the tragically comic overweight buffoon (and World Series of Poker champion?) we all know and love from The Office.When he's not shotgunning cookie jars full of M&M's, Kevin sometimes treats his coworkers to the Malone family's mainstay: chili.Let's follow along and try very hard not to spill any.Music: "I Like Van Halen Because My Sister Says They Are Cool" - El Ten ElevenBinging...Read More

Copper price is getting crushed

January 17, 2017 / www.mining.com

The surge in the copper price to near 18-month highs following Donald Trump's win in the US presidential election came as a surprise to an industry under pressure since 2011 over growing supply.The bullishness about the impact of Trump's $500 billion infrastructure plans and solid growth in top consumer China on demand for the bellwether metal has cooled down considerably.2016 was the fifth year...Read More

DRC drops opposition to Lundin copper deal

January 17, 2017 / www.mining.com

The Democratic Republic of Congo has dropped its opposition to the sale of the Tenke Fungurume mine by Freeport-McMoRan (NYSE:FCX) and Lundin Mining's (TSX:LUN) to Chinese investors for $3.8 billion.State-owned Gecamines which owns 20% of the copper mine, strongly opposed the deal and in October opened an arbitration case in Paris. Gecamines was particularly unhappy about Lundin's right of first...Read More

These are the African countries investors should pay attention to

January 17, 2017 / www.mining.com

About half of all the African countries either host significant operating mines or have advanced exploration projects, yet investors tend to shy away due to perceived risks such as high levels of corruption and political uncertainty, a new report shows.There is an urgent need to refill the mining project pipeline of African countries with early stage exploration projects of all shapes and sizes.Th...Read More

GLOBAL MARKETS-Trump, Brexit uncertainty hit stocks and dollar, gold jumps

January 17, 2017 / in.investing.com

* Dollar, bond yields slip on Trump* Eyes on key Brexit speech from British PM May* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Nigel StephensonLONDON, Jan 17 (Reuters) - Stocks, bond yields and the dollar fell on Tuesday, while gold rose as investors drew in their horns in response to comments on the dollar from U.S. President-elect Donald Trump and ahead of a speech on Brexit from...Read More

Gold climbs to fresh 8-week high ahead of May's Brexit speech

January 17, 2017 / in.investing.com

Investing.com - Gold prices climbed to the highest level in around eight weeks on Tuesday, as investors looked ahead to a highly-anticipated speech by British Prime Minister Theresa May later in the day, at which she is expected to outline her plans for a 'Hard Brexit'.Gold for February delivery on the Comex division of the New York Mercantile Exchange touched a session peak of $1,212.50 a troy ou...Read More

China to reinforce de-capacity plans in nonferrous industry in 2018

January 17, 2017 / news.metal.com

China has basically completed capacity cuts in the steel sector, said Shen Ying, general accountant of the State-owned Assets Supervision and Administration Commission (SASAC) on Wednesday January 17. Moving forward, China will push for a technology upgrade in the steel industry.In 2018, the country aims to further restructure the coal industry and reduce capacity by more than 10 mi...Read More

SMM Evening Comments (Jan 17)

January 17, 2017 / news.metal.com

SHANGHAI, Jan 17 (SMM)? 1/4 ?SHFE lead stood out from the performance of other nonferrous metals on Wednesday afternoon, with a 0.6% rise. Nickel was down 2% and copper was down almost 2%. Aluminium dipped 1.8%. Zinc and tin also slid slightly.The ferrous complex also dipped. Coking coal fell 2% despite a slight rise of rebar. Coke and iron ore dipped almost 1% and hot-rolled coil slight...Read More

Data: SHFE, DCE market movement (Jan 17)

January 17, 2017 / news.metal.com

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SMM Morning Comments (Jan 17)

January 17, 2017 / news.metal.com

SHANGHAI, Jan 17 (SMM)? 1/4 ?Copper: LME copper is expected to trade at $7,030-7,230/mt while the SHFE 1803 contract is to trade at 53,450-54,600 yuan/mt. On the spot market, the discounts are expected to move at 160-120 yuan/mt.Aluminium: LME aluminium is expected to trade at $2,180-2,200/mt with support at the 20-day moving average while SHFE aluminium is expected to trade at 14,500-14,750...Read More

CMHF 2017 John Zigarlick Tribute Video

January 17, 2017 / www.youtube.com

A video tribute to 2017 Canadian Mining Hall of Fame Inductee, John Zigarlick.Read More

Kerry Ridgeway with lee and simon

January 17, 2017 / www.youtube.com

Wet and windy day on the Kerry ridgewayRead More

Scientists say mining e-waste may be an economical option

January 16, 2017 / www.mining.com

A team of researchers from Canada's University of British Columbia (UBC) say that recovering metals such as copper and rare earths from LED lights may turn to be an economical option.Professor Maria Holuszko and PhD student Amit Kumar told The Province they have successfully recovered copper, silver and are certain they might also be able to extract some rare earths such as europium, cerium and...Read More

Gold starts the week higher ahead of May speech, Trump inauguration

January 16, 2017 / in.investing.com

Investing.com - Gold prices started the week higher on Monday, rallying to the strongest level in around two months as investors looked ahead to a highly-anticipated speech by British Prime Minister Theresa May and U.S. President-elect Donald Trump's inauguration later this week.Gold for February delivery on the Comex division of the New York Mercantile Exchange touched a session peak of $1,208.70...Read More

SMM Evening Comments (Jan 16)

January 16, 2017 / news.metal.com

SHANGHAI, Jan 16 (SMM)? 1/4 ?Nonferrous metals futures were weak on Tuesday afternoon, with aluminium dropping nearly 3% and nickel down 1.8%. Lead was down 1% and copper down 0.7%. Tin also dropped slightly.The ferrous complex also dropped in the afternoon. Coking coal dropped almost 4% and iron ore dropped 1.6%. Coke slipped 1.5% and hot-rolled coil dropped slightly. Rebar edged up slightly at c...Read More

Data: SHFE, DCE market movement (Jan 16)

January 16, 2017 / news.metal.com

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