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The London Metal Exchange will list Huayou's cobalt cut cathodes with immediate effect, it announced in a note to members on Tuesday July 16.Huayou is based in China's Zhejiang province and has capacity for 2,000 tonnes per year. The approved listing is for cut cathode cobalt with...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade. Index futures were virtually unchanged following release of June Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.5% in May. Actual was an increase of 0.4%. Excluding auto sales, consensus for June Retail Sales was an increase of 0.2% versus a gain of 0.5%...Read More
China's hot-rolled coil producers conceded to lower export prices on Tuesday July 16 despite some gains in the domestic market, with overseas buyers unwilling to pay too much for Chinese products.DomesticEastern China (Shanghai): 3,880-3,900 yuan ($564-567) per tonne, up 30 yuan per tonneNorthern China (Tianjin): 3,850-3,860 yuan per tonne, unchangedPrices picked up in Shanghai amid moderate tradi...Read More
China's domestic rebar prices picked up some strength on Tuesday July 16 on early gains in the futures market, but the export segment continued to soften on weak demand. Domestic Eastern China (Shanghai): 3,970-4,000 yuan ($577-582) per tonne, widened upward by 10 yuan per tonneNorthern China (Beijing): 3,890-3,920 yuan per tonne, up 20 yuan per tonneTraders raised prices during the day in respons...Read More
The London Metal Exchange three-month nickel price rallied by 2% during morning trading on Tuesday July 16, trading just below the $14,000 per tonne resistance level while the rest of the complex followed higher. Nickel futures have not breached $14,000 per tonne since August 2018, while turnover has consistently surpassed 10,000 lots exchanged per day since July 10. The three-month price has reac...Read More
Base metals prices on the Shanghai Futures Exchange were mostly little changed with a slight downward bias during morning trading on Tuesday July 16, with renewed dollar strength offsetting the positivity stemming from China's better-than-expected economic data released on Monday. The most-traded contracts for copper, aluminium, zinc and tin on the SHFE were down between 0.1% and 0.3% as at 9.31am...Read More
My summer is in full swing.South swells are rolling through the ocean...The California sun is shining in all its glory...The water temps are balmy (at least for the Pacific)...And there's enough daylight to put in a full day of work and still surf for hours on end.Of course, there are still plenty of things that can ruin my best-laid plans.The wrong tide... onshore winds... simply too many people...Read More
Ore and alloy prices were stable in most global spot markets in the week ended Friday July 12, with excess supply continuing to put pressure on producers. UG2 ore price, cif China, ticks up; Turkish lumpy ore stable Charge chrome market in China unchanged High-carbon ferro-chrome range ddp Europe widens Ferro-chrome price in Japan narrows downward.Falls in the market for chrome ore stalled last we...Read More
Vancouver, British Columbia (July 16, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) announces that the Company has appointed Mr. Dino Minichiello to the Company's Board of Directors. The Company is also, subject to regulatory approval, awarding options to directors, officers, employees and consultants to the company."We are pleased to...Read More
July 16, 2019 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC" or the "Company") announces initial exploration results from the Rau Project, located at the western end of the Company's Rackla Gold Property, Yukon.Exploration at Rau in 2019 is focused on the eastern side of the 660 km2 project in proximity to the Rackla Pluton. The program is designed to follow up on gold, copper, silver a...Read More
Canadian gold and silver juniors are leading project advancement at home and abroad, as precious metals exploration and development enjoy boom times again. The following are the top-10, Canadian-headquartered precious metals companies that are developing projects but not yet in commercial production, ranked according to market capitalization in early July. Royalty and streaming companies are not i...Read More
Spot gold prices ended at US$1,407.60 per oz., up US$18.95 or 1.4% from the previous week. The yellow metal has spent the past three weeks trading around US$1,400 after making its June surge from a long-standing US$1,300 range.Rio Tinto shares rose US66 ? to US$60.71, despite the supermajor announcing that the next phase of underground development at its colossal Oyu Tolgoi copper-gold mine in Mon...Read More
The S&P/TSX Venture Composite Index fell 1.99% to 576.03 during the trading week.Victoria Gold led the pack in trading volume. The company saw more than 13 million shares change hands in the period. Its shares closed the week up 1 ? each at 39 ?.Victoria reports it is nearly finished construction of the Eagle gold mine in the Yukon. On June 4 the company announced mine construction was 95% complet...Read More
The S&P/TSX Composite Index ended the trading week up 14.83 points, or 0.09%. The S&P/TSX Global Mining Index was up 0.68 point, or 0.87%, to 78.68, while the S&P/TSX Global Base Metals Index slipped 1.29 points to close at 109.53. Spot gold finished at US$1,407.60 per oz., up US$18.95 per oz., or 1.36% from the week before.Glencore subsidiary Katanga Mining's shares ended the week at 48 ? apiece,...Read More
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Rio's Argyle mine in remote Western Australia has transformed the sector since 1983.Read full newsRead More
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"Crystal Lake (@CLMCorp) (#TSXV: $CLM | #OTC: $SIOCF) Outlines Large-Scale #Copper-#Gold-Rich System at Burgundy Ridge; Prepares for Diamond #Drilling [https://t.co/L9co6EwAbI]#investing #stocks #stockmarket #investors #business #mining #exploration #eskaycamp #goldentriangle"Read full newsRead More