Prices in China for imports of 37% manganese ore fell over the week ended Friday February 22, with some buyers resisting recent rises in offer prices.Low-grade ore price fallsHigh-grade ore price ticks upwardUS prices of FeMn 78% and SiMn edge upwardSiMn price in China fallsAlloy prices stable in Europe and India.Fastmarkets' index price for 37% manganese ore, cif Tianjin, fell by $0.13 per dry me...Read More

A wave of restocking by Chinese ferro-chrome producers has prompted a jump in UG2 chrome ore prices. UG2 chrome ore prices rise in China Spot domestic ferro-chrome prices edge up in China Alloy prices hold up in Japan, South Korea Alloy prices inch higher in Europe US prices stable amid inactivity.UG2 chrome ore prices jumped in China on Friday February 22 amid a wave of restocking by domestic fer...Read More

Titan and Core have budding gold assets in Peru and Ecuador, respectively, with the merger deal contingent on Titan's raising of a minimum of A$20 million in new equity (at the time of deal closure),Read More

Alrosa sold 121 rough stones totalling 1,950ct to 31 firms.It did not provide any other details but said there was participation from firms in the UAE, India, Belgium, Israel, Hong Kong, Russia and the US.Member of the management board and director of the United Selling Organization at Alrosa Evgeny Agureev said the company had been cooperating with the Dubai Diamond Exchange on industry issues si...Read More

Nyrstar's non-executive director Jes??s Fernandez has resigned his post in order to represent its major shareholder Trafigura in restructuring talks, the company said today February 25.Fernandez, who is Trafigura's head of mergers and acquisitions has been a board member since April 2016."Fernandez and Trafigura have agreed with Nyrstar that it would promote clarity around that process...Read More

The Chinese antimony market remained quiet amid sparse buying interest during the week ended Friday February 22.Fastmarkets assessed the price for MMTA standard-grade II antimony, delivered duty-paid in China, at 48,500-49,500 yuan ($7,231-7,380) per tonne on February 20, unchanged since January 16.The Chinese antimony market has shown limited trading activity since downstream consumers maintained...Read More

Ausdrill has a potential war chest of about A$375 million to make some bolt-on acquisitions in the surface mining contracting space or build its own surface mining arm should it choose to.Read More

Key data from the pricing sessions in London and Shanghai on Friday February 22.ChinaKey drivers- The Chinese silicon fob export price held steady while exporters wait for Japan's quarterly tenders in the days to come.- A lot of off-grade silicon has flowed into the spot market, but considering the quick appreciation of the yuan, most traders are keeping their offers unchanged for the time being t...Read More

"A statistician is someone who can draw a straight line from an unwarranted assumption to a foregone conclusion." Anonymous "You know a country is falling apart when even the government will not accept its own currency." Jim Rogers, financier, adventure capitalist, b. 1942 "The generally accepted view is that markets are always right - that is, market prices tend to discount future development...Read More

By: Ira Epstein$1,301.60 swing point key to current uptrend:Read More

Feb. 22nd, 2019(S14-E684)Featured GuestsDr. Stephen Leeb& Michael PentoPlease Listen HereBest selling author, and show Mentor, Dr. Stephen Leeb returns with an even more robust outlook on precious metals.Dr. Leeb feels the trade war between the US / China will be resolved amicably without undo distress to either nation.The narrative includes the musical accomplishments of Glenn Gould, a most r...Read More

I'd love to tell you that bulls have been sniffing glue and that they are long overdue for a brutal comeuppance. However, it turns out they are anything but wild-eyed, and their expectations are relatively subdued. AIAA's most recent survey found that 35.3% of investors are 'neutral' right now the highest percentage in seven months. As for bulls, they are at 39.3%, only slightly above the...Read More

Melbye, still a director at privately-owned Normet, was in charge at the company between 2006 and 2014 when a major strategic shift saw its global footprint expand significantly at the same time as itRead More

The No. 2 copper scrap discount for China has widened notably in February mainly on increased scrap availability after a rebound in the copper price, while the industry is still lobbying with the government to avoid a total scrap ban that could happen as soon as 2021.Fastmarkets assessed the discount for birch and cliff scrap of 94-96% copper content on a cif China basis at 28-34 cents per lb this...Read More

The Turkish steel mills stayed out of the deep-sea scrap market on Monday February 25 and made no bookings, preferring to remain in wait-and-see mode after the recent sharp decrease in the prices, Fastmarkets heard.Following the news of a Baltic Sea cargo sold on February 22 at $307 per tonne cfr for HMS 1&2 (80:20) and $317 per tonne for bonus, prices went down by around $10 per tonne at the end...Read More

The case was one of three class actions filed against Northern Dynasty and some of its officers and directors, following a Read More

Turkish domestic scrap prices have gone down over the past week in line with the downturn in imported scrap values, sources said on Monday February 25.Fastmarkets' weekly price assessment on Monday for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,630-1,820 ($306-342) per tonne delivered, widening downward from the TRY1,680-1,820 per tonne of last week.A number of steel mills and a maj...Read More

Redzone's Leinster lithium project in the Republic of Ireland. Source: Redzone Resources Ltd.Redzone Resources Ltd. [REZ-TSXV; REZZF-OTC; : REZZF] said Monday February 25 that it has acquired 4,438 hectares of prospective vanadium mineral claims near Mackenzie, British Columbia.The mineral rights were acquired via staking, the company said in a news release.The property is targeting the extension...Read More

Last Thursday's brief correction in metals prices was just a pause in what is turning into a strong rally, with the three-month base metals prices traded on the London Metal Exchange up by an average of 0.6% on the morning of Monday February 25.Copper and tin prices are extending into fresh highs for the year, while the other base metals are rallying. Copper prices were up by 0.4% this morning at...Read More

Open pit mining operations at the Copper Mountain Mine near Princeton, southern British Columbia.Copper Mountain Mining Corp. [CMMC-TSX; CPPMF-OTC; C6C-ASX] on Monday February 25 announced a new integrated life-of-mine production plan for its flagship Copper Mountain mine in southern British Columbia.Copper Mountain shares advanced on the news, rising 18.6% or 16 cents to $1.02 on volume of 1.98 m...Read More