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| 25 Jul 2008 | Stainless Steel | ► | Universal Stainless profit declines despite record sales Universal Stainless & Alloy Products Inc. on Thursday reported a decline in second-quarter earnings despite setting a revenue record during the quarter... more ► |
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| Iron & Steel | ► | Japan steel export hits record in 1H Japanese steel export increased by 11.1% to 19.841 million tonnes in January-June from same period of 2007, announced by Ministry of Finance on Thursday... more ► |
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| Pacific Steel raises prices by 18% Pacific Steel Group has advised customers it will increase the price of its reinforcing steel bar and wire rod products by 18%, effective from September 1, 2008... more ► |
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| ArcelorMittal acquires 70 pc stake in Brazilian firm World's largest steel producer ArcelorMittal on Friday said it has acquired 70 per cent stake in Brazilian steel processor Manchester Tubos e Perfilados SA... more ► |
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| African Minerals Limited: Tonkolili iron ore project update African Minerals Limited (AIM:AMI), the mineral exploration company with interests principally in Sierra Leone, West Africa, is pleased to provide the following update in respect of its flagship iron... more ► |
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| Sinosteel extends Midwest offer again Sinosteel has again extended its takeover offer for Midwest Corporation for another month... more ► |
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| 24 Jul 2008 | US scrap players see lower ferrous pricing for August Scrap market sources in the US have begun talking about lower ferrous... more ► |
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| US steelmaker Nucor hiking Sep. sheet prices by $40/st After reportedly much internal discussion, US-based Nucor plans to... more ► |
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| Power cuts hampered Kumba South Africa's power constraints affected Kumba Iron Ore's operations during the first half of the year, the miner's six months report for the period ended 30 June 2008 read on Thursday... more ► |
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| Russia to increase export duties on scrap steel exports The Russian government plans to raise export tariffs for steel scrap to 130 euros per ton. It's a measure to prevent a potential deficit, as domestic steel makers build more plants to run on scrap... more ► |
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| Base Metals | ► | Copper, Aluminium, Zinc, Lead, Tin, Nickel |
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| 25 Jul 2008 | Copper | ► | Gold ends higher, but loses more than $30 on week Gold futures ended with modest gains Friday, but posted a weekly loss of more than $30, as crude-oil futures fell and the U.S. dollar rebounded.... more ► |
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| Base Metals | ► | Nickel sees 2-yr low, growth fears weigh on copper * Nickel hits fresh 2-yr low on weak stainless steel demand... more ► |
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| Oil, dollar to direct metals prices as fundamentals rest Gold and copper prices have been falling in recent days thanks largely to a decline in oil prices and a stronger U.S. dollar... more ► |
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| Base metal markets "temporarily stalled" The past several months of economic uncertainty have taken their toll on base metals. While copper has held up well, other metals such as nickel and zinc have plunged back to earth... more ► |
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| Tin | ► | Congo tin exports from Goma halted after taxes raised Tin shipments from the main export point in the Democratic Republic of Congo, Africa's biggest producer of the metal, were halted by traders in protest at duties introduced by the government... more ► |
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| Zinc | ► | Hindustan Zinc raises lead price; zinc price remains same Hindustan Zinc Ltd, country's largest producer of the metal, today (Thursday) said it has raised the prices of lead by Rs 7,100 a tonne and while keeping the prices of zinc unchanged... more ► |
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| Teck eyes wind to rescue bottom line at zinc mine Teck Cominco Ltd., Canada's largest diversified mining company, may use wind or natural gas to power its biggest zinc facility as rising diesel costs curb profit from the unit... more ► |
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| Tin | ► | Metals X reopens Renison tin mine in Tasmania TIN and nickel miner Metals X has reopened the Renison tin mine in Tasmania, in response to the recovery in tin prices... more ► |
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| Copper | ► | Southern Copper 2Q profit falls 24 pct Peru's Southern Copper Corp. on Thursday said second-quarter profit fell 24 percent from the year-ago period amid strikes and higher fuel and production costs... more ► |
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| Base Metals | ► | Underwater ore could be processed in Tasmania An underwater mining company is considering shipping ore to Tasmania for processing, if its licences are approved... more ► |
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| Precious Metals | ► | Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium, Osmium |
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| 25 Jul 2008 | Precious Metals | ► | Gold ends higher, but loses more than $30 on week Gold futures ended with modest gains Friday, but posted a weekly loss of more than $30, as crude-oil futures fell and the U.S. dollar rebounded.... more ► |
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| Gold | ► | Oil, dollar to direct metals prices as fundamentals rest Gold and copper prices have been falling in recent days thanks largely to a decline in oil prices and a stronger U.S. dollar... more ► |
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| Kinross makes move on Ecuador In a nervy bid to secure one of the world's largest untapped gold deposits, Kinross Gold Corp. is leaping into politically risky Ecuador with a $1.2-billion offer for Aurelian Resources Inc... more ► |
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| Teck eyes wind to rescue bottom line at zinc mine Teck Cominco Ltd., Canada's largest diversified mining company, may use wind or natural gas to power its biggest zinc facility as rising diesel costs curb profit from the unit... more ► |
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| Freeport's Red Rose mine assessed for gold-tungsten FREEPORT RESOURCES INC. (TSX-V: FRI) is evaluating its past-producing Red Rose tungsten mine for gold: Bonanza grades of 49.0 – 63.8 g/tonne (1.43-1.86 oz/ton) were reported, with samples... more ► |
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| Prokhorov bets US$10 billion on metals `super-cycle` Billionaire Mikhail Prokhorov plans to invest US$10 billion in Russian metal deposits acquired from former partner Vladimir Potanin, betting the global commodities rally will continue... more ► |
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| New gold prospecting licences awarded to Obtala in Tanzania Obtala Resources plc is pleased to announce it has increased its gold prospecting licence areas by 1,769.28km2 to 2,076.28km2 following the granting of prospecting licences ('Licences') in Sekenke,... more ► |
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| SNB placed 68 tonnes of gold in the market in H1 The Swiss National Bank placed 68 tonnes of gold in the market in the first half of the year as part of a programme to sell a total of 250 tonnes by the end of September 2009, the central bank said... more ► |
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| Norseman says Q4 gold production rises 11 % to 21,116 oz Norseman Gold, the AIM listed Australian gold production company, on Friday announced a three month progress report on its activities for the period to 30 June 2008... more ► |
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| Precious Metals | ► | Sylvania Resources Ltd: Production, cost improvements for third consecutive quarter - 30% increase in total PGM production to 6 264oz... more ► |
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| Light Metals | ► | Titanium, Magnesium, Rubidium, Gallium, Beryllium, Strontium, Calcium, Barium, Cesium, Lithium, Sodium, Francium, Germanium, Potassium, Radium |
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| 25 Jul 2008 | Titanium | ► | Mindarie mine to expand exports Mining company Australian Zircon says two new minerals will be available for export and sale from its Mindarie mine within weeks... more ► |
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| Prokhorov bets US$10 billion on metals `super-cycle` Billionaire Mikhail Prokhorov plans to invest US$10 billion in Russian metal deposits acquired from former partner Vladimir Potanin, betting the global commodities rally will continue... more ► |
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| 22 Jul 2008 | Light Metals | ► | SRA announces robust scoping study on germanium and gallium Strategic Resource Acquisition Corporation ("SRA") (TSX: SRZ: 18.34, -0.07, -0.38%)(TSX: SRZ.NT)(TSX: SRZ.NT.A) is pleased to announce the results of a preliminary assessment ("scoping study")... more ► |
| 18 Jul 2008 | Magnesium | ► | China June refined copper output up 16.4 pct China's production of refined copper rose 16.4 percent in June to 330,600 tonnes, while aluminium output rose 20.2 percent to 1.15 million tonnes, data showed on Friday... more ► |
| Light Metals | ► | China's non-ferrous sector downbeat for 2nd half China's nonferrous metals industry will remain downbeat in the second half of this year, with rising costs and weak consumption, according to a report by the China Nonferrous Metals Industry... more ► |
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| Titanium | ► | JPN dealers decrease Ti product reselling price by 5% Japanese dealers' reselling price of titanium rolled products is slightly decreasing... more ► |
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| 17 Jul 2008 | Magnesium | ► | China Direct sees magnesium demand growth supporting its production operations Buyers now have the ability to source magnesium for their company's offshore manufacturing plants from a U.S.-based holding company that now controls some 50,000 metric tons of annual production at... more ► |
| MagIndustries announces assured access to natural gas for its magnesium project in the Republic of Congo MagIndustries Corp. (TSX VENTURE:MAA) announced Wednesday that it has obtained assured access to a sufficient quantity of natural gas in the Republic of Congo (ROC) to support MagMinerals' Phase I... more ► |
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| Titanium | ► | Iluka production output falls 20.2% Miner Iluka Resources Ltd says production fell across all of its mineral sands products in the June quarter, following the interruption of gas supplies in Western Australia... more ► |
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| 15 Jul 2008 | VSMPO-Avisma signs $4bln deal VSMPO-Avisma, the world's largest titanium producer, said Monday that it has signed a deal to supply up to $4 billion in titanium products to Airbus and its parent, EADS, through 2020... more ► |
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| Exotic Metals | ► | Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium |
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| 25 Jul 2008 | Vanadium | ► | US ferrovanadium prices fall on thin volume US ferrovanadium prices fell this week amid characteristically thin, spot... more ► |
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| Chromium | ► | Chromex Mining plc commences production at Stellite chrome mine following completion of acquisition Chromex Mining plc, the AIM listed dedicated chrome company, has commenced production with its first blast on the MG1 chrome seam at the Stellite opencast chrome mine ('Stellite') on the Western Limb... more ► |
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| Tungsten | ► | Freeport's Red Rose mine assessed for gold-tungsten FREEPORT RESOURCES INC. (TSX-V: FRI) is evaluating its past-producing Red Rose tungsten mine for gold: Bonanza grades of 49.0 – 63.8 g/tonne (1.43-1.86 oz/ton) were reported, with samples... more ► |
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| Cullen Resources Ltd.: Multiple zones of tungsten mineralisation intersected at Minter project, Central NSW Highlights... more ► |
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| Chromium | ► | Sylvania Resources Ltd: Production, cost improvements for third consecutive quarter - 30% increase in total PGM production to 6 264oz... more ► |
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| Manganese | ► | Red Rock takes 20% stake in West African manganese company with permit to mine • Production Start At Kiere Mine Anticipated In October... more ► |
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| 24 Jul 2008 | Cobalt | ► | MCC secures funds for joint nickel project in Papua New Guinea China Metallurgical Group Corp. (MCC) recently secured funds to finance a $1.37 billion joint nickel and cobalt project it is developing in Papua New Guinea with three Chinese partners and... more ► |
| 23 Jul 2008 | Vanadium | ► | Vanadium mine leak taints rivers in northwest China A broken spillway from a vanadium mine in northwest China has contaminated two nearby rivers with ore tailings, forcing authorities to rush to protect drinking water supplies, Xinhua news agency said... more ► |
| Manganese | ► | BHP posts record 4Q iron ore, copper, oil output BHP Billiton Ltd. (BHP) Wednesday posted production records for key commodities of iron ore, copper and oil in the fourth quarter, setting the miner up for a bumper full year earnings result... more ► |
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| BHP Billiton hits production records RESOURCES giant BHP Billiton has booked full year production records for seven of the many commodities it sells, despite higher costs and supply disruptions, as global demand for resources remains... more ► |
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| Minor Metals | ► | Selenium, Silicon, Mercury, Indium, Antimony, Zirconium, Bismuth, Rhenium, Arsenic, Hafnium, Tellurium, Thallium |
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| 25 Jul 2008 | Zirconium | ► | Mindarie mine to expand exports Mining company Australian Zircon says two new minerals will be available for export and sale from its Mindarie mine within weeks... more ► |
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| 21 Jul 2008 | Rhenium | ► | Kennecott to invest $270 million in molybdenum processing facility Kennecott Utah Copper (KUC) is preparing to take advantage of the current demand for molybdenum by building its own Molybdenum Autoclave Process (MAP) facility... more ► |
| 18 Jul 2008 | Antimony | ► | China's non-ferrous sector downbeat for 2nd half China's nonferrous metals industry will remain downbeat in the second half of this year, with rising costs and weak consumption, according to a report by the China Nonferrous Metals Industry... more ► |
| 17 Jul 2008 | Zirconium | ► | Iluka production output falls 20.2% Miner Iluka Resources Ltd says production fell across all of its mineral sands products in the June quarter, following the interruption of gas supplies in Western Australia... more ► |
| 16 Jul 2008 | Silicon | ► | Japan high purity single crystal silicon sales to rise by 3% in 2008 Japanese high purity single crystal silicon sales will increase by 3% to 9,680 tonnes for semiconductor in 2008 from 2007, which renews record for 5 years in a row, announced by Japan Society of... more ► |
| 14 Jul 2008 | Zirconium | ► | Astron provides profit guidance and business outlook Astron Limited (ASX: ATR) Monday announced profit guidance for the year to 30 June 2008... more ► |
| 12 Jul 2008 | Rhenium | ► | Super hot metal rhenium may reach "platinum prices" The price of aerospace metal rhenium, which has jumped almost 10-fold in five years, looks set to go even higher as supply fails to keep up with demand... more ► |
| Antimony | ► | India: Copper prices up due to increase in industrial demand Wholesale prices of copper rose by Rs 5 kg in the national capital today on increased industrial offtake... more ► |
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| Silicon | ► | Ukrainian mine boosts manganese concentrate output 23% in H1 Dnipropetrovsk region boosted manganese concentrate production 23.2% year-on-year in the first half of 2008 to 384,500 tonnes... more ► |
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| 9 Jul 2008 | Indium | ► | Analysis: recent panics over rare metal scarcity overblown Will we run out of some of the basic elements fundamental to modern technology? This is a question that has recently lit up the blogosphere. In particular, the elements Indium and Gallium are... more ► |
| 25 Jul 2008 | Uranium | ► | Zambezi Resources Ltd boosts resources at Cheowa CC2 COPPER PROJECTS... more ► |
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| 23 Jul 2008 | Western Metals continues to drill high grade uranium mineralisation in Tanzania Western Metals Limited (ASX:WMT) announced Wednesday that RC drilling along the Mtonya Corridor in Southern Tanzania continues to return significant high grade uranium mineralisation. Results from... more ► |
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| 21 Jul 2008 | Nufcor Uranium signs deal to purchase 237,000 kilos of uranium for $38.9 mln Nufcor Uranium Ltd. said it has agreed to purchase 237,000 kilos of uranium for $38.9 million from a major international counterparty for payment and delivery in the fourth quarter... more ► |
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| 16 Jul 2008 | Kalahari Minerals: Significant results continue at Rossing South Kalahari Minerals plc, the AIM listed mining exploration and evaluation group with a portfolio of copper and base metal prospects in Namibia, is pleased to provide an update released by Extract... more ► |
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| Rio Tinto: 2Q iron ore output up 13%, copper down Rio Tinto Ltd. (RIO.AU) Wednesday posted record quarterly output for iron ore for the three months to June but reported sharply lower refined copper production because of scheduled maintenance at its... more ► |
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| 15 Jul 2008 | Vane Minerals Plc announces an update on its gold-copper projects in the US, Mexico and Paraguay. Minerales VANE SA de CV, Mexico... more ► |
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| 14 Jul 2008 | Zambezi Resources: Uranium joint venture update • VTEM survey on Rio Uranium JV highlights electromagnetic conductors in regional shear zone over 30 kms strike length... more ► |
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| 10 Jul 2008 | Rio Tinto sells Kintyre project Rio Tinto will sell its Kintyre uranium project in Western Australia to a joint venture consortium for $US495 million ($518.3 million), as it moves closer to completing its $US10 billion ($10.5... more ► |
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| 9 Jul 2008 | Albidon commits to bankable feasibility study on the Chirundu uranium project, Zambia * The Albidon Board has resolved to maintain its 30% interest in the Chirundu Uranium Joint Venture and commit to funding its share of the Bankable Feasibility Study (BFS) for the Chirundu Uranium... more ► |
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| 7 Jul 2008 | ANALYSIS-Mining template not ideal for Mongolia, investors Mongolia's political parties are locked in post-election squabbling, but once the dust settles a new government could finally pass deals to tap the coal, copper and uranium that sit beneath its vast... more ► |
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| Other News |
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| 23 Jul 2008 | Metals | ► | BHP posts record 4Q iron ore, copper, oil output BHP Billiton Ltd. (BHP) Wednesday posted production records for key commodities of iron ore, copper and oil in the fourth quarter, setting the miner up for a bumper full year earnings result... more ► |
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| BHP Billiton hits production records RESOURCES giant BHP Billiton has booked full year production records for seven of the many commodities it sells, despite higher costs and supply disruptions, as global demand for resources remains... more ► |
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| 16 Jul 2008 | Rio Q2 refined copper output falls 18 pct Global miner Rio Tinto's second-quarter refined copper output tumbled 18 percent from the same period a year ago, facing lower yields at some operations, while production of iron ore, weighted toward... more ► |
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| Rio Tinto: 2Q iron ore output up 13%, copper down Rio Tinto Ltd. (RIO.AU) Wednesday posted record quarterly output for iron ore for the three months to June but reported sharply lower refined copper production because of scheduled maintenance at its... more ► |
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| 30 Jun 2008 | Mexico April mining production up 5.9% despite strikes Mining production in Mexico rose 5.9% in April from the same month last year, as gains in the output of lead, silver and gold offset a drop in copper, coal and sulfur, the National Statistics... more ► |
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| Peruvian miners begin national strike Peruvian mine workers began their third national strike in less than 14 months for better pay and benefits, adding to protests from Mexico to Chile that have disrupted copper supplies and sent prices... more ► |
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| Commodities signal bubble bursting as first-half ends Commodities are heading for their best first half in 35 years. The next six months may not be as rewarding because record prices for oil, copper and a dozen other raw materials may crimp consumption... more ► |
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| 27 Jun 2008 | Resource mergers set to continue CONSOLIDATION in the resources industry along with high oil prices is set to continue into the new financial year, as financial markets await rulings by European regulators on BHP Billiton's planned... more ► |
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| 26 Jun 2008 | BHP antitrust fight to focus on iron ore BHP Billiton is heading for a clash with regulators over the miner's $170 billion plan to buy rival Rio Tinto which gives it control of one third of the world's traded iron ore... more ► |
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| 9 Jun 2008 | Philippines: Mineral Q1 output falls 10% in value on low production Metals output fell 10 percent in value in the first three months of the year, after at least five straight quarters of growth, due to low production at the country's mines, according to official... more ► |
