It's Not China, Germany, Japan, or Mexico. It's much closer to home.Read More

A new bombshell Reuters report has confirmed that India and Pakistan were each about to let missiles fly last month after the standoff over India's brazen bombing raidContinue...Read More

The CIS export billet market remained at a standstill on Monday March 18 due to the absence of trading activity in most of the commodity's usual outlet regions, Fastmarkets heard on Monday March 18.Mills were indicating offers within the range of $460-465 per tonne fob Black Sea.But customers in most outlet regions could not afford such high prices because they would not be able to pass on these h...Read More

Gold is back above $1300 per ounce to start the week as the market lookgs forward to the next Fed meeting Continue...Read More

TerraX Minerals of Vancouver has traced mineralization from the former Giant gold mine in Yellowknife onto its own TerraX target zone in the Barney Deformation Corridor (BDC). Relogging and sampling of 1,579 metres of historical drill core led the company's geologists to believe mineralization in the old cores is adjacent to historical high grade assays within vein and shear zone structures across...Read More

China's domestic rebar prices moved higher on Monday March 18 as stockists looked to replenish inventories, despite many spot traders opting to sit on the sidelines as they digest the implications of the reduction in the Chinese value-added tax (VAT) rate from next month.Domestic Eastern China (Shanghai): 3,850-3,900 yuan ($573-581) per tonne, up 40-50 yuan per tonne Northern China (Beij...Read More

Apex Resources has confirmed a 1.5 km by 150 metre gold in soil anomaly at its Ore Hill gold property near Salmo, B.C., after compiling historic and modern data on the project.The data base includes 90 rock samples taken by past operators between 2016 and 2018 grading as high as 119 grams per tonne gold and 105 grams gold. All but two of the samples were taken by the properties last operator, Marg...Read More

Tanzania has ordered all mineral-producing regions in the East African nation to set up government-controlled trading centres by the end of June, accelerating efforts to curb illegal exports of gold and other precious minerals.The trading centres will give small-scale miners direct access to a formal, regulated market where they can go and directly trade their gold. They currently struggle to acce...Read More

The expectation for higher tender prices for chrome ore in April supported the prices for ore in China and for alloy in Japan and South Korea, Fastmarkets heard on Monday March 18. UG2 and Turkish lumpy ore prices rise Domestic alloy price climbs in China Alloy prices in Europe, Japan, South Korea increase Imported alloy prices stable in US, China.Prices for chrome ore imported into China and in C...Read More

Mark Bristow taking over the leadership of Barrick Gold Corp. facilitated negotiations with Tanzania about a multibillion-dollar tax dispute that could be resolved by May, the country's attorney general said.Barrick unit Acacia Mining Plc has been at odds with Tanzania's government since July 2017, when the state handed it a $190-billion tax bill, saying the gold producer falsely declared bullion...Read More

Kyrgyz gold producer Chaarat (AIM:CGH) and Turkish mining and mine construction contractor ??iftay ??nsaat Tahh? 1/4 t ve Ticaret signed today a binding term sheet to enter into a joint venture with the idea of collaborating on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic.In a press release, the companies explained that even though they have worked together since 2017 and that in 20...Read More

Havilah Resources (ASX: HAV) is planning to run a detailed, high resolution, airborne electromagnetic survey or AEM to explore for additional copper-cobalt resources in the Mutooroo copper-cobalt district, located in New South Wales, eastern Australia.The survey is planned to commence in mid-April and it is expected to take at least three weeks to complete. This type of study has never been done o...Read More

Chile's Supreme Court has ruled in favour of Barrick Gold (TSX:ABX) (NYSE:GOLD), revoking the permanent closure of the Canadian miner's Pascua-Lama gold-silver project.The world's largest gold miner, which completed its merger with Randgold at the beginning of the year, said the March 14 ruling overturned the Antofagasta Environmental Court's order, issued late last year, and it also ordered...Read More

* European stocks rise, led by banks, resources sectors * Commerzbank, Deutsche Bank jump on merger talkconfirmation * German stocks fall for first time in three days * Germany's Leoni slumps after scrapping 2019 profit target (Updates prices to close)March 18 (Reuters) - European stocks rose for the fourthsession in a row on Monday as a flurry of dealmaking, includingmerger talks between Deutsche...Read More

Bulk alloy suppliers are reporting increased prompt demand from British consumers amid concerns about potential supply disruptions when the United Kingdom leaves the European Union. Increased demand as a result of increased call-offs - consumers exercising their rights to material under existing contracts - as well as better spot demand, could lead to higher prices in the coming weeks, according t...Read More

Rio Tinto (ASX, LON: RIO), the world's second largest miner, is recommending shareholders to vote against a resolution requiring the company to release its direct emissions details and strategies on how its greenhouse gas emissions and those of its customers can be cut.In a letter from chairman Simon Thompson, Rio urged investors to vote against the proposed rule change that would have the miner t...Read More

* FTSE 100 up 1 pct, at 5-month high * FTSE 250 about flat * Worldpay's London shares jump after buyout deal * Financial stocks up on M&A * Hunting up on rating upgrade (Adds news items, updates share moves)By Muvija M and Shashwat AwasthiMarch 18 (Reuters) - London's exporter-heavy FTSE 100 surgedto a five-month high on the back of a drop in sterling afterBritain's parliament speaker struck a...Read More

* Wave of mergers fuelled by shift away from cash * Deal values Worldpay at about $43 bln including debt * Worldpay shareholders to get $112.12 per share * Cash-and-stock deal offers premium of about 14 pct (Adds quotes from source close to deal, adds analyst comment)By Justin George Varghese, Rachel Armstrong and PamelaBarbagliaMarch 18 (Reuters) - U.S. fintech Fidelity NationalInformation Servic...Read More

The number of new passenger car registrations in the EU decreased by only 0.96% year-on-year in February 2019. This made it the sixth consecutive month to show a decline but there were also signs of recovery, the European Automotive Manufacturers Assn (ACEA) said on Friday March 15.New car sales in Europe totaled 1,114,692 units in February 2019, compared with 1,125,472 vehicles sold in the corres...Read More

Import prices for steel slab in Southeast Asia and East Asia were unchanged over the past week amid a lack of trading activity.The weekly Fastmarkets MB import price assessment for slab in Southeast Asia and East Asia was $475-495 per tonne cfr on Monday March 18, the same as a week earlier.Trading activity in the spot market remained sluggish over the week amid...Read More