A map showing part of the Athabasca Basin with the Senator Minerals PNE project and the major Arrow (NeaxtGen Energy) and Triple R (Fission Uranium) uranium discoveries. Source: Senator Minerals Inc.Senator Minerals Inc. [SNR-TSXV] said Friday January 5 that it is planning a 10-hole, 6,500-metre diamond drill program at its Patterson Northeast uranium project in northern Saskatchewan's Athabasca B...Read More
The UK inter-merchant price range for austenitic alloy steel scrap rose by ?50-60 per tonne this week on higher nickel prices when the market returned from seasonal holidays, sources said on Friday January 5.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?950-980 ($1,286-1,326) per tonne delivered on Friday, compared with ?900-920 per tonne on Decemb...Read More
Comex copper prices once again traded in negative territory with technical selling and weak US employment data weighing on the complex.Copper for March settlement on the Comex division of the New York Mercantile Exchange declined 3.85 cents or 1.2% to $3.2245 per lb. Earlier, the price touched $3.2225, its lowest since December 22."The complex may have reached slightly overbought levels, however,....Read More
Base metals prices trading on the London Metal Exchange are generally higher this morning, Friday January 5, with copper and aluminium both up by 0.1% at $7,193 per tonne and $2,248 per tonne, respectively, and the rest up by between 0.2% and 0.4%. The exception is nickel, which is down by 0.9% at $12,530 per tonne.Volume has been average, with 6,133 lots traded as of 06:43am London time. This fol...Read More
Domestic flat steel prices in Argentina increased for the second consecutive month in January.Metal Bulletin's monthly price assessment of Argentina's domestic hot-rolled coil (HRC) reached $720-735 per tonne ex-works on Friday January 5, compared with $705-725 per tonne ex-works in the previous month.Prices for cold-rolled coil (CRC) rose to $840-845, from $825-835, and hot-dipped galvanized coil...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices started 2018 on a rise, gaining further ground on Friday January 5 to $76.80 per tonne cfr Qingdao despite the Chinese steel market retreating again.There was barely any movement in the seaborne coking coal market amid a lack of indicative and firm bids, with buyers still trying to figur...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Gold: Not the Typical Year-End Buying OpportunitySource: Ron Struthers for Streetwise Reports January 5, 2018 (Investorideas.com Newswire) Ron Struthers of Struthers' Resource Stock Report takes a look back at gold's performance in the last quarter of 2017,...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Cheap Gold Stock About to Break Out of Base After Prolonged AccumulationSource: Clive Maund for Streetwise Reports January 5, 2018 (Investorideas.com Newswire) Technical analyst Clive Maund charts a gold company that he believes has the potential to make bi...Read More
The prices for coated flat steel products showed small changes in Turkey's markets this week, although demand was not very strong in the local or export markets, sources told Metal Bulletin on Friday January 5.Domestic pricesIn Northern Turkey, 0.5mm gauge hot-dipped galvanized coil (HDG) was on offer at $790 per tonne ex-works from one producer, with buyers bidding $785 per tonne ex-works.Souther...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Crown Mining (TSXV: CWM) Reports Results from Metallurgical Study Toronto, Ontario - January 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Crown Mining Corporation (TSXV: CWM) ("Crown" or the "Company") is pleased to announce test results from its i...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Sienna Resources (TSXV: SIE) Proposes to Increase Placement up to $2.5 million for Cobalt Project Development Vancouver, British Columbia - January 5, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Sienna Resources (TSXV: SIE) (FSE: A1XCQ0) (OTC Pink: S...Read More
Proposed UK trade laws to replace EU legislation after the country leaves the union ("Brexit") could "water down [UK] anti-dumping and anti-subsidy measures," according to a briefing note published by trade body UK Steel on Friday January 5.The country's parliament will debate two proposed pieces of legislation - the Trade Bill and the Taxation (Cross Border Trade) Bill - on January 8 and 9.The Tr...Read More
A couple weeks ago, we discussed the mental gymnastics involved in the transgender movement.I think people should be free to do whatever they want if it doesn’t harm others. This includes getting surgery and taking pills which make their physical appearance mimic the opposite sex.But what many transgender activists want is akin to doublethink–they want you and I to actually believe tha...Read More
Metal Bulletin reviews the major stories that have affected the steel market over the past week.Iron ore prices started 2018 on a rise, gaining further ground on Friday January 5 to $76.80 per tonne cfr Qingdao despite the Chinese steel market retreating again.There was barely any movement in the seaborne coking coal market amid a lack of indicative and firm bids, with buyers still trying to figur...Read More
On Thursday January 4, Metal Bulletin amended its Brazilian domestic steel prices to reflect standard market practices, making changes to the calculation of its monthly assessments.Previously, all Brazilian domestic flat steel prices - Brazil domestic cold-rolled coil (CRC), ex-works, Reais per tonne, monthly; Brazil domestic hot-dipped galvanized coil (HDG), ex-works, Reais per tonne, monthly; an...Read More
Scarce supply in global scrap markets pushed up import prices to both India and Taiwan in the working week from Monday January 1 to Friday January 5, while market activity has remained low in the bellwether Turkish market.Turkey importsNo deals were concluded by Turkish mills for imported bulk scrap cargoes during the week, with many suppliers still on holiday until next week.Turkish steel mills w...Read More
Prices for shredded and HMS grades of steel scrap imported in containers into India soared upward this week, with the country's domestic finished steel markets enjoying a strong start to the year.Metal Bulletin's index for Indian imported shredded scrap rose to $374.09 per tonne cfr Nhava Sheva on Friday January 5, up by $22.61 per tonne from the $351.48 per tonne cfr recorded on December 22.The l...Read More
CloseGain/LossOn WeekGold $1320.50-$1.40+1.33%Silver$17.20UNCH+1.53%XAU87.39-0.45%+2.49%HUI198.13-0.32%+3.03%GDM661.89-0.20%+1.73%JSE Gold1322.71+17.52+1.47%USD91.97+0.10-0.36%Euro120.42-0.26+0.32%Yen88.43-0.27-0.43%Oil$61.44-$0.57+1.69%10-Year2.477%+0.025+2.74%Bond151.9375-0.375-0.63%Dow25295.87+0.88%+2.33%Nasdaq7136.56+0.83%+3.38%S&P2743.15+0.70%+2.60% The Metals: Gold fell $5.70 to $131...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort241,42878,16060,048155,104332,704456,580470,912Change from Prior Reporting Period 38,83811,5182,405-36527,76640,87841,689Traders17086744552246183 Small Speculators LongShortOpen Interest 44,15129,819500,731 3,3832,57244,261 non reportable positionsChange from the previous reporti...Read More
The UK inter-merchant price range for austenitic alloy steel scrap rose by ?50-60 per tonne this week on higher nickel prices when the market returned from seasonal holidays, sources said on Friday January 5.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?950-980 ($1,286-1,326) per tonne delivered on Friday, compared with ?900-920 per tonne on Decemb...Read More