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| 12 Mar 2010 | Iron & Steel | ► | Iron ore exports at record high in Australia Australian exports of iron ore and coal hit record levels in the final quarter of last year thanks to strong demand from Asia, official figures showed... more ► |
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| Central Iron Ore sells gold mines to buy iron ore projects Central Iron Ore Limited announced that it has today entered into an Option and Asset Sale Agreement with Natural Resource Investments Pty Ltd, for sale of its British King and Eureka gold mines for... more ► |
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| Tata Steel hit by govt check on illegal iron ore mining Tata Steel today said the Orissa government's efforts to check illegal iron ore mining has hit the transportation of the mineral affecting the company's and other steel makers' operations... more ► |
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| Steel firms may raise prices 30% Steelmakers are likely to raise prices by 30% as they look to maintain margins given the greater-than-expected rise in raw material costs... more ► |
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| Interest in steel rises as another earthquake strikes Chile Long after the dead have been counted and the world's attention has moved on, the terrible testimony of an earthquake can still be seen in the piles of twisted metal and chunks of concrete – often... more ► |
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| Baosteel raises steel wire prices by $20-45 China's top steel producer Baoshan Iron & Steel Co (Baosteel) has taken the lead to raise manufacturer prices of steel wires for April as the steel product market has shown signs of recovery... more ► |
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| Non-ferrous scrap market outlook Boris Bronneberg, Source Montan Handels... more ► |
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| 11 Mar 2010 | Iron ore prices back at $137-139/mt | ||
| CIS steel mills may increase prices European steel players are anxiously waiting for new prices to be announced by Russian and Ukrainian mills for 2nd quarter deliveries... more ► |
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| Prophecy estimates 259 million pounds of vanadium at its Titan Deposit in Ontario Prophecy Resource Corp. has received an updated Technical Report on its 80% owned Titan-Vanadium Property (the "Property") located at Flett and Angus Townships, 120 kilometres northeast of Sudbury,... more ► |
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| Base Metals | ► | Copper, Aluminium, Zinc, Lead, Tin, Nickel |
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| 12 Mar 2010 | Copper | ► | Antares Minerals acquires copper-molybdenum-gold project in Peru Antares Minerals Inc. announced it has exercised its option to acquire a 100% interest in the Haquira Cu-Mo-Au project in southern Peru by completing payments totaling US$15 million to Minera Phelps... more ► |
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| Barrick Gold blames Xstrata; tries to prevent New Gold's Chilean mine sale Barrick Gold Corp. sought to include Xstrata Plc in a lawsuit over the control of a Chilean gold and copper project, claiming Xstrata backed out of a deal to sell the property to Barrick... more ► |
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| Base Metals | ► | Non-ferrous scrap market outlook Boris Bronneberg, Source Montan Handels... more ► |
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| Copper | ► | Iberian Minerals seeks $30m for Raul purchase Iberian Minerals Corp. announced that its subsidiary, Compania Minera Condestable S.A. ("Condestable") has entered into a mandate letter dated March 8, 2010 with Societe Generale to arrange an... more ► |
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| Base Metals | ► | Copper futures rise to $7,464/mt LME copper futures ended up 0.3 percent, or $24, at $7,464 a tonne. Aluminium rose $10 to $2,235 a tonne. LME zinc fell $14 to $2,346 a tonne. Nickel dropped $115 to $21,335 a... more ► |
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| 11 Mar 2010 | Copper | ► | Silver futures rise to $17.15/oz; gold unmoved at $1,108/oz Copper and silver futures rose on Thursday after reports that Chile, the world's largest copper producer, was hit by an aftershock to last month's earthquake, with tremors this time measured at... more ► |
| Zinc | ► | Frontline Gold drills zinc and lead at its Jubilee project Frontline Gold Corporation announces that the Jubilee Zinc Project continues to deliver encouraging diamond drill results... more ► |
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| Aluminium | ► | Rusal renegotiates alumina contracts United Company Rusal is seeking to renegotiate alumina sales contracts for 2009 and 2010 with smelters and traders, market sources say... more ► |
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| Copper | ► | Almaden drills copper and molybdenum at its Tuligtic project Almaden Minerals Ltd. and its Mexican subsidiary Minera Gavilan S.A. de C.V. (together referred to as "Almaden") are pleased to announce results of a 2,973.05 meter seven hole preliminary diamond... more ► |
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| State Grid of China and Quadra Mining to develop Chile copper mines State-owned public utility, The State Grid Corporation of China (SGCC), plans to cooperate with Canadian miner Quadra Mining Ltd to jointly develop copper mines in Chile, to secure raw material... more ► |
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| Precious Metals | ► | Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium, Osmium |
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| 12 Mar 2010 | Gold | ► | Antares Minerals acquires copper-molybdenum-gold project in Peru Antares Minerals Inc. announced it has exercised its option to acquire a 100% interest in the Haquira Cu-Mo-Au project in southern Peru by completing payments totaling US$15 million to Minera Phelps... more ► |
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| Central Iron Ore sells gold mines to buy iron ore projects Central Iron Ore Limited announced that it has today entered into an Option and Asset Sale Agreement with Natural Resource Investments Pty Ltd, for sale of its British King and Eureka gold mines for... more ► |
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| Barrick Gold blames Xstrata; tries to prevent New Gold's Chilean mine sale Barrick Gold Corp. sought to include Xstrata Plc in a lawsuit over the control of a Chilean gold and copper project, claiming Xstrata backed out of a deal to sell the property to Barrick... more ► |
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| Esperanza Silver drills more gold in Mexico Esperanza Silver Corp. announces the results of its on-going drilling campaign at its 100% owned Cerro Jumil gold project in Morelos State, Mexico... more ► |
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| 11 Mar 2010 | Precious Metals | ► | Silver futures rise to $17.15/oz; gold unmoved at $1,108/oz Copper and silver futures rose on Thursday after reports that Chile, the world's largest copper producer, was hit by an aftershock to last month's earthquake, with tremors this time measured at... more ► |
| Gold futures down to $1,122/oz; platinum futures at $6.70/oz Gold futures finished lower Wednesday, losing early gains as traders took a cautious approach ahead of more economic reports from China following strong February imports data... more ► |
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| Gold | ► | Harmony Gold halts mining operations after employee death Harmony Gold Mining Company Limited suspended operations after an employee died in a rockfall accident at the company's Evander No 8 shaft today... more ► |
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| Barrick Gold IPOs its Africa gold mines Barrick Gold's Bulyanhulu mine in Tanzania produced 250,000 ounces of gold last year, not far off London-listed Randgold's main mine, Loulo in Mali, with 350,000 ounces. Bulyanhulu has the... more ► |
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| Precious Metals | ► | Paragon Minerals drills zinc, lead, copper, silver and gold Paragon Minerals Corporation has provided an update on the 2010 diamond drilling program and down-hole Pulse EM geophysical surveys completed on its 100%-owned South Tally Pond volcanogenic massive... more ► |
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| Gold | ► | VVC Exploration signs LOI to acquire Beauce-Bellechase Gold VVC Exploration Corporation announced that it has signed a Letter of Intent ("LOI") to acquire a 100% interest in the Beauce-Bellechasse Gold Property (BB Gold Property) consisting of 250 mining... 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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| 12 Mar 2010 | Magnesium | ► | Magnesium prices rise to $2,900/mt Magnesium prices in Europe rose this week to $2,800-2,900/mt, market participants said... more ► |
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| Titanium | ► | Titanium sponge plant to open in India in July A Rs. 170 crore titanium sponge plant in Kollam is expected to be commissioned in July, making India the fifth producer in the world of what is considered the metal of the 21st century and which has... more ► |
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| Non-ferrous scrap market outlook Boris Bronneberg, Source Montan Handels... more ► |
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| Osaka Titanium lowers titanium prices by 25% Osaka Titanium Technologies Co., the world’s second-largest producer of the metal, agreed to cut prices for domestic customers by as much as 25 percent after demand from plant builders fell... more ► |
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| Lithium | ► | Consolidated Abaddon confirms lithium, tantalum and cesium Consolidated Abaddon Resources Inc. has completed a seven hole, 1464 metres, diamond drilling program at its Raleigh Lake Lithium property located in the Kenora Mining Division in northwestern... more ► |
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| Potassium | ► | Amazon Mining confirms large potash resource at Cerrado Verde Amazon Mining Holding Plc reported it has received an initial National Instrument (NI) 43-101 compliant inferred mineral resource estimation for its Cerrado Verde potash project from Coffey Mining... more ► |
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| 11 Mar 2010 | Light Metals | ► | Torch River identifies rare earths at Mount Copeland Torch River Resources Ltd. announced geochemical and geophysical data compilation has identified REE targets on its 100% owned Mount Copeland mineral tenures. From the 2008 drill core samples (West... more ► |
| Lithium | ► | Fieldex may acquire 60% of Mantis Mineral's lithium-tantalum deposits Mantis Mineral Corp. has granted an option that allows Fieldex Exploration Inc. to acquire up to a 60 per cent interest in five mining claims at a lithium-tantalum deposit near Cochrane, in... more ► |
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| Titanium | ► | Prophecy estimates 259 million pounds of vanadium at its Titan Deposit in Ontario Prophecy Resource Corp. has received an updated Technical Report on its 80% owned Titan-Vanadium Property (the "Property") located at Flett and Angus Townships, 120 kilometres northeast of Sudbury,... more ► |
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| Magnesium | ► | Magnesium demand to remain low in 2010 "World magnesium demand and supply could keep low level through 2010 under slow automobile demand," Greg Patzer, executive VP of International Magnesium Association, said... more ► |
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| Exotic Metals | ► | Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium |
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| 12 Mar 2010 | Molybdenum | ► | Antares Minerals acquires copper-molybdenum-gold project in Peru Antares Minerals Inc. announced it has exercised its option to acquire a 100% interest in the Haquira Cu-Mo-Au project in southern Peru by completing payments totaling US$15 million to Minera Phelps... more ► |
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| Cadmium | ► | Cadmium prices rise to $5.75/kg | |
| Exotic Metals | ► | Non-ferrous scrap market outlook Boris Bronneberg, Source Montan Handels... more ► |
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| Niobium | ► | Sarissa Resources confirms niobium and tantalum Sarissa Resources Inc. announced that the preliminary analytical results from step out hole DDH-10-83 have identified an extensive new zone of Nb2O5 mineralization... more ► |
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| Tantalum | ► | Consolidated Abaddon confirms lithium, tantalum and cesium Consolidated Abaddon Resources Inc. has completed a seven hole, 1464 metres, diamond drilling program at its Raleigh Lake Lithium property located in the Kenora Mining Division in northwestern... more ► |
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| 11 Mar 2010 | Molybdenum | ► | Almaden drills copper and molybdenum at its Tuligtic project Almaden Minerals Ltd. and its Mexican subsidiary Minera Gavilan S.A. de C.V. (together referred to as "Almaden") are pleased to announce results of a 2,973.05 meter seven hole preliminary diamond... more ► |
| Niobium | ► | Torch River identifies rare earths at Mount Copeland Torch River Resources Ltd. announced geochemical and geophysical data compilation has identified REE targets on its 100% owned Mount Copeland mineral tenures. From the 2008 drill core samples (West... more ► |
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| Chromium | ► | Oregon Resources begins chromite-zircon mine construction More than 20 years, $29 million and 14 permits later, Oregon Resources Corp. finally has the go-ahead to begin construction on its Bunker Hill ore processing plant... more ► |
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| Cobalt | ► | OM Group in a $250m revolving credit facility OM Group, Inc. today announced it has entered into a new $250 million secured revolving credit facility with a syndicate of lenders, led by PNC Bank, N.A. The new facility replaces the previous $100... more ► |
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| Tantalum | ► | Fieldex may acquire 60% of Mantis Mineral's lithium-tantalum deposits Mantis Mineral Corp. has granted an option that allows Fieldex Exploration Inc. to acquire up to a 60 per cent interest in five mining claims at a lithium-tantalum deposit near Cochrane, in... more ► |
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| Minor Metals | ► | Selenium, Silicon, Mercury, Indium, Antimony, Zirconium, Bismuth, Rhenium, Arsenic, Hafnium, Tellurium, Thallium |
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| 12 Mar 2010 | Antimony | ► | Antimony prices rise by $25/mt Antimony prices edged higher on Wednesday as market participants continued to report strong offers from China... more ► |
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| 11 Mar 2010 | Zirconium | ► | Torch River identifies rare earths at Mount Copeland Torch River Resources Ltd. announced geochemical and geophysical data compilation has identified REE targets on its 100% owned Mount Copeland mineral tenures. From the 2008 drill core samples (West... more ► |
| Oregon Resources begins chromite-zircon mine construction More than 20 years, $29 million and 14 permits later, Oregon Resources Corp. finally has the go-ahead to begin construction on its Bunker Hill ore processing plant... more ► |
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| 10 Mar 2010 | Selenium | ► | Teck to supply germanium and indium feedstock to 5N Plus 5N Plus Inc., a leading producer and provider of high-purity metals and compounds for electronic applications, is pleased to announce that its wholly-owned subsidiary Firebird Technologies Inc... more ► |
| 8 Mar 2010 | Minor Metals | ► | Prices of metals will continue rising as economy stabilises As the global economy recovers from the worst recession in 70 years, industrial metals are expected to stay on a recovery path this year, but metal producers warn that the advance may be slow as... more ► |
| 7 Mar 2010 | Antimony | ► | China's non-ferrous output up by 4% in 2009 According to the China Nonferrous Metals Industry Association, the output of China's 10 types of nonferrous metals exceeded 26 million tonnes in 2009 up 3.99% YoY... more ► |
| Zirconium | ► | Kenmare Resources to raise €200m for titanium mine Kenmare Resources intends to raise almost €200 million to boost production at its African titanium mine in anticipation of growing demand for the mineral in emerging economies... more ► |
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| 5 Mar 2010 | Matamec Explorations intersect rare earths at its Kipawa Deposit Matamec Explorations Inc. announced that the first group of assay results has been received for the November-December 2009 diamond drilling program on the Central part of the Kipawa REE-Y-Zr deposit... more ► |
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| Rhenium | ► | HC Starck sells Amperkat catalyst business to Evonik HC Starck has sold its Amperkat business to Evonik Degussa GmbH, based in Essen, Germany... more ► |
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| PBX to raise $1.4m for its copper-molybdenum-rhenium project in Chile International PBX Ventures Ltd. announces that, subject to TSX Venture Exchange approval, it will raise $1,400,000 by way of a non-brokered private placement of seven million units at a price of... more ► |
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| 12 Mar 2010 | Uranium | ► | Central Iron Ore sells gold mines to buy iron ore projects Central Iron Ore Limited announced that it has today entered into an Option and Asset Sale Agreement with Natural Resource Investments Pty Ltd, for sale of its British King and Eureka gold mines for... more ► |
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| Strathmore Minerals orders feasibility study for its uranium mine in Mexico Strathmore Minerals Corp. announce that Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) has been contracted to prepare a Bankable Feasibility Study (BFS) to evaluate the overall project... more ► |
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| Uranium Resources announces 2009 Q4 and full year results Uranium Resources, Inc., today provided an update on the Company's financial position as of the year ended December 31, 2009 and on its strategies and outlook for 2010 and beyond... more ► |
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| 11 Mar 2010 | Thorium | ► | India's Atomic Energy dept designs thorium-based reactor The Department of Atomic Energy (DAE) has developed the design for a 300 MWe Advanced Heavy Water Reactor (AHWR) that is capable of generating most of its power from thorium-based fuel, as a... more ► |
| Rare Earth | ► | Torch River identifies rare earths at Mount Copeland Torch River Resources Ltd. announced geochemical and geophysical data compilation has identified REE targets on its 100% owned Mount Copeland mineral tenures. From the 2008 drill core samples (West... more ► |
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| Lithium and rare earths markets poised for growth One hybrid car requires 20 kilograms of lithium carbonate. By comparison, cellphone batteries need just a few grams. Some experts believe that as production of hybrid cars increases, so will the... more ► |
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| Uranium | ► | Canada sees recovery of uranium production The world's second biggest uranium-exporting country has overcome a period of low ore grades and operation problems to reach production levels last seen in 2005... more ► |
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| Spot uranium prices may rebound It would seem we missed the monthly report on the uranium industry by consultant TradeTech in our reporting last week. Otherwise we would not have reported a small gap between weekly U3O8 spot prices... more ► |
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| 10 Mar 2010 | Neodymium | ► | Lanxess to expand neodymium-polybutadiene rubber capacity The world's leading synthetic rubber company LANXESS has decided to expand the global capacity of its high-performance rubber Neodymium Polybutadiene (Nd-PBR)... more ► |
| Rare Earth | ► | Quantum Rare Earth acquires Silver Mountain Mines Corp Quantum Rare Earth Developments Corp. provided an update that the previously announced agreement to acquire Silver Mountain Mines Corp., a private Nevada corporation, is proceeding. On October 7,... more ► |
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| Other News |
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| 10 Mar 2010 | Metals | ► | Paragon drills zinc, lead, copper, silver and gold Paragon Minerals Corporation provided an update on the 2010 diamond drilling program and down-hole Pulse EM geophysical surveys completed on its 100%-owned South Tally Pond volcanogenic massive... more ► |
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| 8 Mar 2010 | Prices of metals will continue rising as economy stabilises As the global economy recovers from the worst recession in 70 years, industrial metals are expected to stay on a recovery path this year, but metal producers warn that the advance may be slow as... more ► |
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| 5 Mar 2010 | PBX to raise $1.4m for its copper-molybdenum-rhenium project in Chile International PBX Ventures Ltd. announces that, subject to TSX Venture Exchange approval, it will raise $1,400,000 by way of a non-brokered private placement of seven million units at a price of... more ► |
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| Diamonds North finds copper, silver, and bismuth at its Hepburn project Diamonds North Resources Ltd. announces high grade copper, silver, and bismuth assays from recently discovered showings on its Hepburn copper-silver project located in the Northwest Territories. Grab... more ► |
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| Azimut finds copper and gold at its REX Property in Nunavik, Quebec Azimut Exploration Inc. ("Azimut") announces that further examination of the existing regional-scale geoscientific database covering the REX property area has led to the recognition of a large Iron... more ► |
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| 3 Mar 2010 | Freeport-McMoRan Copper & Gold redeems senior floating rate notes due 2015 Freeport-McMoRan Copper & Gold Inc. (FCX) announced today that it has issued a notice to redeem all of its outstanding Senior Floating Rate Notes due 2015 ("Notes") on April 1, 2010. There is $1... more ► |
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| 2 Mar 2010 | Chile earthquake to hit gold and copper prices Gold... more ► |
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| 25 Feb 2010 | Newmont Mining profits from soaring gold and copper prices Newmont Mining Corp. announced today that its fourth-quarter earnings skyrocketed as gold and copper prices soared related to cost cutting methods... more ► |
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| Azimut Exploration goes on with copper-cobalt-RE project in Quebec Azimut Exploration Inc. announces the signing of a letter of intent with 2227352 Ontario Inc. ("the Partner") regarding the Diana property, a major exploration project for copper, cobalt and rare... more ► |
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| World Bank's IFC halts Congo deals until copper-cobalt row resolved The World Bank's private investment arm, the International Finance Corporation (IFC), will not make new commitments in the Democratic Republic of Congo until a dispute over a cancelled mining... more ► |
