China's domestic rebar prices continued to fall on Monday January 29 on thin demand. Domestic Eastern China (Shanghai): 3,820-3,890 yuan ($604-616) per tonne, down 10-30 yuan per tonne Northern China (Beijing): 3,900-3,940 yuan per tonne, narrowed downward by 10 yuan per tonne Most construction projects have stopped work due to bad weather as well as because the Chinese New Year is just a little o...Read More

TSX VENTURE: AGBwww.atlanticgoldcorporation.com Mr. Steven Dean reports: Maintains industry lowest quartile AISC over new Life of Mine at CAD$692 / oz. Au (USD$555 / oz. Au) VANCOUVER, Jan. 29, 2018 /CNW/ - Atlantic Gold Corporation (TSX-V: AGB) ("Atlantic" or the "Company") is pleased to announce the results of the Phase 2 Life of Mine Expansion Pre-Feasibility Study (the "Study"), led and prepar...Read More

NASDAQ: MPVDwww.mountainprovince.com Mr. Jonathan Comerford reports:TORONTO and NEW YORK, Jan. 29, 2018 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province") (TSX and NASDAQ:  MPVD) and Kennady Diamonds Inc. ("Kennady") (TSX-V: KDI) are pleased to announce that they have entered into a definitive arrangement agreement ("Arrangement Agreement") pursuant to which Mountain Province will...Read More

TSX VENTURE: ORGwww.orcagold.com Mr. Richard Clark reports:VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 29, 2018) - Orca Gold Inc. (TSX VENTURE:ORG) ("Orca" or the "Company") is pleased to announce a new Mineral Resource Estimate for the Company's Block 14 Gold Project in the Republic of the Sudan.Highlights*The updated Mineral Resource Estimate of the Galat Sufar South ("GSS") and Wadi Doum d...Read More

Chinese ferro-silicon prices have been steady in the past week, stabilizing losses made through the month when idled production was restarted; meanwhile, the European price set another record high, and US prices climbed after a period of inactivity due to strong overseas prices. Consumer demand shores up Chinese market  Chinese market awaits new steel mill tenders  Europe hits record hi...Read More

I'm so disappointed with Garibaldi. After 3 months of hibernation, they rudely awoke the market with the final drill-hole assays just in time to show some core at the Roundup Core-shack (link), and avoid some embarrassing questions...Let's start with the good news:We got a plan map!!!!We got some geofizz polygons - rectangle marks the spot!!!Errr, that's it...And now with the bad less good news:Th...Read More

Major Chinese stainless steel mill Tsingshan Group has raised its high-carbon ferro-chrome tender price for February delivery due to tight supplies both domestically and overseas on Monday January 29 after Baosteel and Taiyuan Iron & Steel (Tisco) raised ferro-chrome tender prices for February last week. Tsingshan Group raised its high carbon ferro-chrome tender price for February delivery to 7,89...Read More

TSX VENTURE: CZXwww.canadazincmetals.com Mr. Peeyush Varshney reports:Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that the Company has received an updated mineral resource estimate for the Cardiac Creek Zn-Pb-Ag deposit on its 100% owned Akie Project.The new mineral resource estimate incorporated the results of 8 new drill int...Read More

Chrome ore and alloy prices rose in China late last week after tight domestic supply in the East Asian country prompted leading stainless steel mills to give higher February bid prices. Chrome ore and ferro-chrome prices rise in China after mills raise tendersAlloy prices edge higher in South KoreaEuropean alloy prices edge lowerAlloy prices stable in the United States Chrome ore and ferro-chrome...Read More

TSX VENTURE: CNXwww.callinex.ca Mr. Max Porterfield reports:HighlightsDrill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% Zn Eq. starting at a depth of 72.0m including 5.0m of 11.8% Zn Eq.;High-grade mineralization intersected in hole NC17-260 is open for further expansion to the west and northwest towards the MacMillan Zone; andDrill hole NC17-254 intersect...Read More

Turkish steel producers extended their silence in the deep-sea scrap markets at the start of this week, but they still expected to book more cargoes for February, sources said on Monday January 29.Turkish mills were expected by several market sources to book five or six more cargoes for shipping in February, but they were postponing their scrap purchases due to low demand for...Read More

Anglo American has been granted licenses for the expansion of its Minas-Rio iron ore operation in Brazil's south-eastern Minas Gerais state.The installation and preliminary permits were issued by Minas Gerais' mining chamber, CMI, on Friday January 26.With these licenses, the company is now allowed to start the work that will enable it to raise...Read More

Turkish domestic scrap prices have fallen over the past week, in line with weakening imported scrap values, sources said on Monday January 29.Metal Bulletin's weekly price assessment for domestic auto bundle scrap (DKP grade) was TRY1,210-1,400 ($322-373) per tonne delivered, down from last week's $1,300-1,440 per tonne.The fall in the weekly assessment came after steel mills lowered their...Read More

Fortescue Metals Group (FMG) has changed the price adjustment for its 58.3% Fe Fortescue Blend fines to 33% for February shipments, Chinese mill and trading sources told Metal Bulletin on Monday January 29.In December the adjustment was 29% and the new rate is all-time high for the company's flagship product.For its 56.7% Fe Super Special fines, the miner is keeping the February adj...Read More

Iron ore prices softened but remained at the $74-per-tonne-cfr-China mark on Monday January 29 amid declining futures and a subdued steel market in ChinaMetal Bulletin's 62% Fe Iron Ore Index Today: $74.33 per tonne cfr Qingdao Daily change: down by $0.07 per tonne Month-to-date average: $76.12 per tonne Metal Bulletin's 58% Fe Premium Index Today: $60.70 per tonne...Read More

Seaborne iron ore prices softened on Monday January 29 amid weakening futures and a subdued steel market in China.Key driversBillet in China's Tangshan was traded at 3,590 yuan ($568) per tonne including VAT during the day, down 10 yuan per tonne from last Friday.Most mills have completed their restocking of seaborne cargoes, according to several trading sources. Restocking activity at Chinese por...Read More

The return of Chinese buyers to the spot coking coal market is lending stability to prices, though the approaching holiday season in China and parts of Asia may result in lower offers, market participants said on Monday January 29. A cargo of premium low-vol hard coking coal was traded at $217.50 per tonne cfr China at the end of last week, sources told Metal Bulletin. This was preceded by transac...Read More

Commodity markets were mixed on the morning of Monday January 29, with Comex copper picking up a little buying in start-of-week trading.Copper for March settlement on the Comex division of the New York Mercantile Exchange inched up 0.3 cents or 0.1% to trade recently at $3.2020 per lb. Prices have been volatile over the past week, with the weaker dollar - it remains around its lowest in more than...Read More

Key data from the Friday January 29 pricing session in Europe:Indium ingots MB $/kg in-warehouse Rotterdam Key drivers - Cutback in production before Chinese New Year - Tightness in crude supply...Read More

Tight supplies and trader buying continued to push spot cobalt prices higher in the week ended Friday January 26, but currency moves deterred large spot purchases of cobalt in the second half of last week.Metal Bulletin assessed low-grade cobalt prices at $36.95-38.25 per lb, in-warehouse, on Friday, up from $36.90-37.80 per lb at the midweek assessment, and $36.75-37.40 per lb on January 19....Read More