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Metals News ► Ferrous Metals, Base Metals, Precious Metals, Light Metals, Exotic Metals, Minor Metals, Rare Earth

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Ferrous Metals ►  Iron & Steel, Stainless Steel, Carbon Steel, Alloy Steel
8 Feb 2010 Iron & Steel  ►  Spot ore market tends stable, with slight rising
After spot iron ore price stopped dropping, buyers expected that the price and enquires will both increase and the market mind will be improved. The price of 63.5% Indian power ore slightly rallied... more 
  Steel Dynamics posts $26.7m 4Q profit
Steel Dynamics, Inc. said Wednesday it earned $26.7 million in the fourth quarter, reversing a loss from a year ago as it increased production and lowered costs... more 
  ArcelorMittal zeroes in on Bellary for 6-mt steel unit
ArcelorMittal, the world's largest steel maker, has finalised Kuditini near Bellary in east-central Karnataka to set up its Rs 30,000-crore, 6-million tonne per annum steel plant. A team of company... more 
  Miners optimistic about Chinese iron ore price talks
Mining giants BHP Billiton and Rio Tinto will update the markets on their financial performance this week against the backdrop of difficult talks with China over iron ore pricing... more 
  Japanese steel giants tie up with Indian firms
Last week, Tata Steel, India's largest producer, announced a joint venture (JV) with Japan's Nippon Steel for production and sales of automotive cold-rolled flat products at Jamshedpur. The JV is... more 
  Finnish tech firm leading MNC in steel space
Finland-based Outotec Oyj, a key global supplier of technology and equipment in the metals sector, has emerged as the leading MNC player in the domestic steel space as companies step up execution of... more 
  Metals prices heading for the roof
Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more 
  Chinese factor behind up and down of gold
Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more 
  Debate on nationalising the mines in South Africa
A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more 
5 Feb 2010 Stainless Steel  ►  Orissa inks pact with JSL for stainless steel park
The Orissa government today signed a memorandum of understanding with the Ratan Jindal-owned JSL Ltd for setting up a stainless steel park at Kalinganagar where the company is setting up a 1.6... more 

See all Ferrous Metals News



Base Metals ►  Copper, Aluminium, Zinc, Lead, Tin, Nickel
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8 Feb 2010 Nickel  ►  URSA Major Minerals starts mining operations at Shakespeare Nickel Mine, Sudbury Area
URSA Major Minerals Incorporated is pleased to announce that the Company has started mining operations at the Shakespeare Nickel Copper Mine located 70 km west of Sudbury, Ontario... more 
Base Metals  ►  Nevsun raising $117m in private placement; to issue 52m common shares
Nevsun Resources Ltd. says it plans to raise $117 million in a private placement aimed at developing its Bisha gold and base metals mine in Eritrea... more 
  Vale sending nickel off to Welsh refinery
The first shipment of nickel concentrate to be processed into matte at Copper Cliff Smelter Complex since a strike by Steelworkers began seven months ago is on its way to Vale Inco's refinery in... more 
Copper  ►  Teck Resources' sale of Waneta Dam gets approval nod news
Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more 
Aluminium  ►  Strike ends at foundry in Manitowoc
Workers at Wisconsin Aluminum Foundry ended their strike but did not win a successor clause that would protect their jobs and benefits if the company were sold... more 
  Aleris International files plan of reorganization
Aleris International, Inc. a global leader in aluminium rolled products, extrusions and recycling, announced today that it filed its proposed Plan of Reorganization (Plan) and related draft... more 
Copper  ►  Grupo México's 2009 consolidated income down 17.6% to $887m
Grupo México posted 2009 consolidated net income of US$887mn, a drop of 17.6% from US$1.08bn in 2008, according to the group's quarterly results released Friday... more 
  Geo Minerals finds copper at prospect in Arizona
Geo Minerals Ltd. announced initial drilling results for the Copper Springs porphyry copper prospect located in south-central Arizona. Geo has a letter of intent with Bronco Creek Exploration Inc... more 
Zinc  ►  Blackwell officials accept $54m settlement with Freeport over contamination
Blackwell officials have accepted a $54 million settlement in a lawsuit against an international mining company whose entity was blamed for pollution in the northern Oklahoma city... more 
Base Metals  ►  Proposed copper-nickel mine draws 'extraordinary' interest
State and federal regulators will take several months to review voluminous public feedback about the PolyMet project... more 

See all Base Metals News



Precious Metals ►  Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium, Osmium
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8 Feb 2010 Silver  ►  Canadian mining companies combine their silver assets into new firm
Four Canadian mining companies have agreed to combine their silver assets into a new company called Silver Predator Mines Inc... more 
Gold  ►  URSA Major Minerals starts mining operations at Shakespeare Nickel Mine, Sudbury Area
URSA Major Minerals Incorporated is pleased to announce that the Company has started mining operations at the Shakespeare Nickel Copper Mine located 70 km west of Sudbury, Ontario... more 
  Nevsun raising $117m in private placement; to issue 52m common shares
Nevsun Resources Ltd. says it plans to raise $117 million in a private placement aimed at developing its Bisha gold and base metals mine in Eritrea... more 
  Simmers mulls First Uranium options
Simmer and Jack Mines said on Friday that it is currently considering the various options available to it protect and optimise the company's investment in First Uranium... more 
  Teck Resources' sale of Waneta Dam gets approval nod news
Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more 
  Gold miner Avoca to unveil maiden profit
Gold miner Avoca Resources Ltd is expecting to unveil a maiden first half pre-tax profit of $40.5 million... more 
Platinum  ►  PGE gains momentum in India
"There is enough scope for exploration of Platinum group elements (PGE) in the country due to their extensive utility in high technology applications and commercial use," said Dr V Balaram of... more 
Gold  ►  Blackwell officials accept $54m settlement with Freeport over contamination
Blackwell officials have accepted a $54 million settlement in a lawsuit against an international mining company whose entity was blamed for pollution in the northern Oklahoma city... more 
Precious Metals  ►  Proposed copper-nickel mine draws 'extraordinary' interest
State and federal regulators will take several months to review voluminous public feedback about the PolyMet project... more 
Gold  ►  Chinese factor behind up and down of gold
Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more 

See all Precious Metals News



Light Metals ►  Titanium, Magnesium, Rubidium, Gallium, Beryllium, Strontium, Calcium, Barium, Cesium, Lithium, Sodium, Francium, Germanium, Potassium, Radium
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8 Feb 2010 Rubidium  ►  PGE gains momentum in India
"There is enough scope for exploration of Platinum group elements (PGE) in the country due to their extensive utility in high technology applications and commercial use," said Dr V Balaram of... more 
Lithium  ►  Black Fire Minerals reveals encouraging lithium rock chip geochemical results
Perth-based diversified resources company Black Fire Minerals has announced that assay results from the rock chip geochemical sampling program at the Karibib Project in Namibia have been returned... more 
Gallium  ►  Metals prices heading for the roof
Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more 
Light Metals  ►  Chinese factor behind up and down of gold
Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more 
Magnesium  ►  Rusnano approves magnesium hydroxide project
The project's goal is to organize production of a flame retardant (fireproofing additive) – ananostructured magnesium hydroxide with modified surface – and value added products of bromide and... more 
5 Feb 2010 Beryllium  ►  Nortec Minerals Corp.: Rock chip sample returns 69.8g/t gold from Seinajoki Project, Finland
Nortec Minerals Corp. is pleased to announce the excellent results from rock chip samples taken from the Seinajoki Gold Project in December last year... more 
4 Feb 2010 Magnesium  ►  US ITC to conduct magnesium anti-dumping duty review
Titanium  ►  VSMPO to up titanium output by 10%
Russia's VSMPO Avisma plans to increase output this year to 21,000 tonnes, up 10% from 2009... more 
Gallium  ►  Bonanza gallium assays from Michelle property in Yukon
Bonanza grade gallium assays are a welcome bonus when crews drill for zinc-lead-silver mineralization, notably at the Michelle property belonging to Zinccorp Resources of Vancouver. The gallium assay... more 
3 Feb 2010 Lithium  ►  Korean govt strikes lithium deal with Posco
The South Korean government signed a deal Tuesday with leading steelmaker POSCO to cooperate in extracting lithium from seawater, in a bid to secure a stable source of the material used in batteries... more 

See all Light Metals News



Exotic Metals ►  Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium
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8 Feb 2010 Cobalt  ►  URSA Major Minerals starts mining operations at Shakespeare Nickel Mine, Sudbury Area
URSA Major Minerals Incorporated is pleased to announce that the Company has started mining operations at the Shakespeare Nickel Copper Mine located 70 km west of Sudbury, Ontario... more 
Molybdenum  ►  Teck Resources' sale of Waneta Dam gets approval nod news
Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more 
  Thompson Creek terminates $35m credit facility
Thompson Creek Metals Company Inc., one of the world's largest publicly traded, pure molybdenum producers, today announced that it has increased its financial flexibility by voluntarily terminating... more 
Tantalum  ►  Black Fire Minerals reveals encouraging lithium rock chip geochemical results
Perth-based diversified resources company Black Fire Minerals has announced that assay results from the rock chip geochemical sampling program at the Karibib Project in Namibia have been returned... more 
Cobalt  ►  Proposed copper-nickel mine draws 'extraordinary' interest
State and federal regulators will take several months to review voluminous public feedback about the PolyMet project... more 
Manganese  ►  Metals prices heading for the roof
Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more 
Exotic Metals  ►  Chinese factor behind up and down of gold
Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more 
Cobalt  ►  Value-added production and diversification hold keys for growth in Western Canada
With $216 billion in resource-based projects under construction or planned, Alberta has become the leading location in the Western Hemisphere for energy development... more 
Tungsten  ►  Minmetals on the prowl for more overseas, domestic buys
Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more 
Vanadium  ►  Debate on nationalising the mines in South Africa
A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more 

See all Exotic Metals News



Minor Metals ►  Selenium, Silicon, Mercury, Indium, Antimony, Zirconium, Bismuth, Rhenium, Arsenic, Hafnium, Tellurium, Thallium
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8 Feb 2010 Indium  ►  Metals prices heading for the roof
Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more 
Bismuth  ►  Value-added production and diversification hold keys for growth in Western Canada
With $216 billion in resource-based projects under construction or planned, Alberta has become the leading location in the Western Hemisphere for energy development... more 
Antimony  ►  Minmetals on the prowl for more overseas, domestic buys
Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more 
  Franklin Mining in Bolovian antimony mine JV
Franklin Mining, Inc. announced having formed a joint venture with Planet Resource Recovery, Inc. for development and operation of Bolivia's San Antonio de Turiri antimony mine... more 
5 Feb 2010   Nortec Minerals Corp.: Rock chip sample returns 69.8g/t gold from Seinajoki Project, Finland
Nortec Minerals Corp. is pleased to announce the excellent results from rock chip samples taken from the Seinajoki Gold Project in December last year... more 
Rhenium  ►  San Anton announces business combination with Kings Minerals
San Anton Resource Corporation announces that, subject to certain conditions, it has agreed in principle with its controlling shareholder, Kings Minerals NL (ASX: KMN) ("Kings"), to complete a... more 
4 Feb 2010 Indium  ►  Lithic files technical report on crypto zinc-copper-indium project
Lithic Resources Ltd. announced that the final technical report on the Crypto project by Mine Development Associates ("MDA")... more 
  Bonanza gallium assays from Michelle property in Yukon
Bonanza grade gallium assays are a welcome bonus when crews drill for zinc-lead-silver mineralization, notably at the Michelle property belonging to Zinccorp Resources of Vancouver. The gallium assay... more 
3 Feb 2010 Silicon  ►  Globe Specialty Metals reopens silicon facility
Globe Specialty Metals, Inc. has reopened its silicon metal and ferrosilicon alloys facility in Alabama that it idled during the economic downturn. Globe restarted the first of two furnaces at the... more 
Bismuth  ►  Cardero updates project development strategy
Cardero Resource Corp. is pleased to provide an update on its corporate strategy and key mineral projects following the recently completed sale of the Pampa de Pongo Iron Deposit in Peru for total... more 

See all Minor Metals News



Rare Earth ►  Scandium, Yttrium, Europium, Lanthanum, Cerium, Neodymium, Gadolinium, Praseodymium, Samarium, Promethium, Ytterbium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Lutetium, Uranium, Plutonium, Thorium, Neptunium
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8 Feb 2010 Uranium  ►  Simmers mulls First Uranium options
Simmer and Jack Mines said on Friday that it is currently considering the various options available to it protect and optimise the company's investment in First Uranium... more 
Rare Earth  ►  Magnet Materials supply chain players propose six-point plan to address impending rare earths crisis
The United States Magnet Materials Association, a coalition of companies representing domestic high performance magnet producers and suppliers, today submitted a proposal to the U.S. Departments of... more 
Uranium  ►  Will we run out of uranium?
There is strong evidence that a nuclear Renaissance is underway, and that the number of new reactors under construction, being planned, and under consideration is rapidly increasing. Brian Wang has... more 
Thorium  ►  Metals prices heading for the roof
Speakers at the Mining Indaba in Cape Town this week seemed as one in warning of a near-term supply-demand squeeze and some solid price increases for a swathe of metals... more 
Rare Earth  ►  Minmetals on the prowl for more overseas, domestic buys
Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more 
5 Feb 2010   Nortec Minerals Corp.: Rock chip sample returns 69.8g/t gold from Seinajoki Project, Finland
Nortec Minerals Corp. is pleased to announce the excellent results from rock chip samples taken from the Seinajoki Gold Project in December last year... more 
Uranium  ►  Rand Uranium plans R3.5bn project
Rand Uranium, the unlisted venture held by funds and Harmony Gold, plans to build a R3.5bn uranium project to supply up to 2.5 million pounds of U3O8 from 2013 and could increase that four times if... more 
4 Feb 2010 Lutetium  ►  Golden Share acquires lutetium REE property in Central Quebec, Canada
Golden Share Mining Corporation is pleased to announce the acquisition by map staking of the Lutetium Property, located in central Quebec, Canada... more 
Rare Earth  ►  Nuinsco receives further positive test results from Prairie Lake project
Nuinsco Resources Limited announced today that results of ongoing work at its 100% owned Prairie Lake Project in northwestern Ontario continue to be very positive. A round of tests using low-cost... more 
  Demand for rare earths up
Demand for rare-earth metals was increasing "exponentially", primarily driven by demand for new technology, independent consultant and commentator Jack Lifton said on Monday... more 

See all Rare Earth News



Other News 
8 Feb 2010 Metals  ►  Canadian Government moving forward with prosperity review process
Taseko Mines Limited welcomes the decision by the Federal Review Panel to move forward with public hearings on the proposed $800 million Prosperity Gold-Copper mine near Williams Lake, BC... more 
  Teck Resources' sale of Waneta Dam gets approval nod news
Canada's mining major, Teck Resources Ltd (Teck) has received the approval of British Columbia Utilities Commission for the sale of its one-third interest in the Waneta Dam to British Columbia Hydro... more 
  London Metal Exchange Chairman, Donald Brydon, to step down
The London Metal Exchange announces that its Chairman, Donald Brydon, is to step down in the next few weeks to concentrate on his roles with Royal Mail and Smiths Group. Donald Brydon was appointed... more 
  Congo lifts copper export ban
Authorities in Congo's Katanga province have lifted the copper export ban following a meeting with the provincial governor... more 
  Chinese factor behind up and down of gold
Currently, the metal markets are correcting as most pundits are calling for a bubble collapse in all commodities. The prices of metals both precious and base moved up rapidly throughout 2009... more 
  Value-added production and diversification hold keys for growth in Western Canada
With $216 billion in resource-based projects under construction or planned, Alberta has become the leading location in the Western Hemisphere for energy development... more 
  Minmetals on the prowl for more overseas, domestic buys
Metals trader China Minmetals Corp yesterday said it expects better fortunes this year on the back of double-digit growth fueled by more overseas and domestic mergers and acquisitions (M&As)... more 
  Debate on nationalising the mines in South Africa
A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South... more 
5 Feb 2010   San Anton announces business combination with Kings Minerals
San Anton Resource Corporation announces that, subject to certain conditions, it has agreed in principle with its controlling shareholder, Kings Minerals NL (ASX: KMN) ("Kings"), to complete a... more 
4 Feb 2010   Nkwe Platinum announces positive bankable feasibility study on Garatau Project
Emerging platinum company Nkwe Platinum (ASX: NKP) has announced details of the bankable feasibility study on its Garatau Project, highlighting an average production of between 240,000 and 400,000... more