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| 3 Jul 2009 | Stainless Steel | ► | Stainless steel prices increase in June and more to follow soon Stainless steel producers throughout the world are succeeding in securing higher prices, although there appears to be no increase in underlying demand in most markets. The steady climb in the LME... more ► |
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| Iron & Steel | ► | ArcelorMittal suspends Senegal iron ore project World number one steelmaker ArcelorMittal is suspending development of its Faleme iron ore project in Senegal as a result of the global economic downturn, a company source in the West African country... more ► |
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| Stainless Steel | ► | India 09-10 stainless steel output to be same as yr ago India's stainless steel production in the financial year ending March 2010 is expected to remain around the same level as the previous year's output of 1.6 million metric tons, a senior industry... more ► |
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| Iron & Steel | ► | Hyundai Steel buys Japan ferrous scrap Hyundai Steel of South Korea purchased Japanese ferrous scrap at FOB 25,500-26,000 yen per tonne for H2 and around 28,000 yen for new cutting scrap in the week through trading company... more ► |
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| Sidelpa will run again, but with new conditions Colombia's CUT union said it believes Siderúrgica del Pacífico (Sidelpa), a subsidiary of Brazilian flat steel producer Gerdau (NYSE GGB), will resume operations before the end of 2009 but with new... more ► |
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| Korea urges China to rethink steel export rebates, overcapacity Senior South Korean and Chinese government and steelmaking officials gathered in Seoul on Friday to discuss bilateral cooperation in a bid to deal with the global slowdown of the steel industry... more ► |
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| ANALYSIS-China's bet on spot iron ore makes steel puzzle China's first tentative steps away from the 40-year-old iron ore benchmark opens a vexing question for its mills: how to convince new customers to adopt free market steel prices when it needs more... more ► |
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| US monthly steel import applications declined 21% in June Permit applications to import 734,667 mt of steel products were filed in the month of June, the US Commerce Department reported Wednesday. This was a 21% decline from the preliminary report of... more ► |
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| China’s Wuhan Iron & Steel partners Brazil’s EBX to build steel works in Rio de Janeiro China's Wuhan Iron and Steel (Wisco) has joined forces with Brazil’s EBX to build a steel works in Rio de Janeiro, Brazil, expected to cost US$4 billion... more ► |
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| Iron ore stockpiles at major Chinese ports fall to 69.35 mln tons byJuly 3 Iron ore stockpiles at China's 22 major ports dropped by 0.12 percent from June 26 to 69.35 million tons on July 3, of which there were 15.15 million tons of Indian iron ore stockpiles, down... more ► |
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| Base Metals | ► | Copper, Aluminium, Zinc, Lead, Tin, Nickel |
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| 3 Jul 2009 | Base Metals | ► | Copper slips as jobs data stokes economy worries U.S. June jobs data disappoints... more ► |
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| Copper | ► | Morgan Stanley hikes copper price view on China Near term price pullback will reverse... more ► |
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| Base Metals | ► | Copper slips as jobs data stoke economy worries U.S. June job data disappoints... more ► |
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| Chinese company takes stake in Teck State-owned investor will hold 17% of equity after $1.7-billion deal... more ► |
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| Nickel | ► | India 09-10 stainless steel output to be same as yr ago India's stainless steel production in the financial year ending March 2010 is expected to remain around the same level as the previous year's output of 1.6 million metric tons, a senior industry... more ► |
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| Copper | ► | Nippon Mining & Metals' electronic materials output recovers Nippon Mining & Metals improves the operation rate for electric materials including sputtering target material... more ► |
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| Zinc | ► | Farallon ships zinc concentrates to Canadian smelter Dick Whittington, President and CEO of Farallon Mining Ltd. ("Farallon" or the "Company") (TSX:FAN) is pleased to announce that Farallon has shipped 4,398.94 wet metric tonnes of zinc concentrate to... more ► |
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| Base Metals | ► | Miners to remain cautious on growth once economy rebounds: Expert Once large miners revisit projects placed on hold due to the global recession they will likely adopt a more cautious stance towards them and approve gradual development, as opposed to aiming to reach... more ► |
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| Nickel | ► | BHP offloads Yabulu nickel factory BHP Billiton Ltd will sell its Yabulu nickel refinery in Queensland for an undisclosed sum and will book $US675 million ($A853.57 million) in writedowns on the sale... more ► |
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| Base Metals | ► | Rio Tinto sells off remaining new shares Underwriters for Rio Tinto Ltd's Australian market capital raising have found buyers for all of the shares that remained unsold from the offer, the company has said... more ► |
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| Precious Metals | ► | Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium, Osmium |
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| 3 Jul 2009 | Precious Metals | ► | Gold steady above $931; tracks dlr retreat vs euro Gold recovers some ground as dollar falters vs euro... more ► |
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| Gold | ► | Blackrock backed G-Resources hunts Asian gold G-Resources Group, the Hong Kong-listed mining company backed by BlackRock, is seeking to buy gold projects in Asia and Australia to lift annual output to 1 million ounces within five years... more ► |
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| Precious Metals | ► | Nippon Mining & Metals' electronic materials output recovers Nippon Mining & Metals improves the operation rate for electric materials including sputtering target material... more ► |
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| Gold | ► | Sanu to be subsidiary of Canadian Gold Hunter Canadian Gold Hunter Corp. will acquire all of Sanu Resources Ltd. under a proposed all-stock transaction announced Thursday... more ► |
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| Latest estimates boost resource at Medusa Mining’s Co-O mine Medusa Mining has reported that a new resource estimation for its Co-O mine in the Phillippines has increased the JORC-compliant total resources in the last six months by 15% to 1.38 million ounces... more ► |
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| 2 Jul 2009 | Precious Metals | ► | Gold falls on stronger dollar, jobs data; copper also down Gold futures fell Thursday, ending near $930 an ounce as the U.S. dollar strengthened against most of its rivals after a disappointing U.S. jobs report boosted demand for the dollar, reducing... more ► |
| Imara launches African resources fund Financial services firm Imara Group said Thursday it has launched a dedicated African resources fund that will target international investors and fund managers... more ► |
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| Gold | ► | Aneka Tambang 1H nickel sales 7,100 tons vs 8,500 tons Gold and nickel miner PT Aneka Tambang's (ANTM.JK) first half nickel sales dropped to 7,100 metric tons from 8,500 tons in the same period a year earlier, Chief Executive Alwin Syah Loebis said... more ► |
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| Precious Metals | ► | Mitsubishi Corp. targets to get PGM mining interests Mitsubishi Corporation's nonferrous materials division tries to get mining interests in platinum group metals as new core business like current copper and aluminium... more ► |
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| Silver | ► | SNMPE suspends Doe Run membership rights Peru's national oil, mining and energy society SNMPE has suspended US-owned Doe Run Perú's rights as a member for non-compliance with the society's code of conduct... 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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| 2 Jul 2009 | Magnesium | ► | Israel Chem, Volkswagen in magnesium venture deal Israel Chemicals Ltd (ICL) and Volkswagen AG have reached a compromise over the German carmaker's demand to pull out of their partnership in Dead Sea Magnesium, the Israeli company said on Thursday... more ► |
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| 1 Jul 2009 | Titanium | ► | China not to purchase nonferrous metals for state reserve any more, NDRC official China will not purchase nonferrous metals for state reserve any more under the current market condition that domestic prices of nonferrous metals have been raised modestly through state reserve... more ► |
| Magnesium | ► | SilMag of Norway postpones secondary Mg alloy production SilMag, Norwegian magnesium producer, appears to postpone the launch of secondary magnesium alloy production scheduled to start in 2009... more ► |
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| Lithium | ► | Galaxy Resources acquires Mt Cattlin tenement extension Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has signed a 100% purchase agreement for a block of tenements north of Mt Cattlin resource from Vistarise Limited for... more ► |
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| 30 Jun 2009 | Gallium | ► | Japan to boost minor metal stockpile as prices dip Japan aims to take advantage of a price decline to roughly double its national stockpile of minor metals, but it does not expect its purchases to be a factor in driving up prices in the long term... more ► |
| 29 Jun 2009 | Titanium | ► | China NDRC: Has completed metal stockpiling - Caijing China has completed its state-sponsored stockpiling of a range of industrial metals, which achieved its policy purpose of raising market confidence, reducing stocks and stabilizing prices, a National... more ► |
| 26 Jun 2009 | Baobab Resources encouraged by latest test drilling in Mozambique Mining group Baobab Resources today cited “encouraging” results from the latest test drilling at its Tete iron , vanadium and titanium project in Mozambique... more ► |
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| Gallium | ► | Furukawa expands cristal materials development activity Furukawa expands research and development activity for crystal materials... more ► |
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| 25 Jun 2009 | Lithium | ► | Galaxy gets nod for Mt Cattlin plant Emerging lithium producer Galaxy Resources says it has secured approval to build a processing plant at its Mt Cattlin project near Ravensthorpe... more ► |
| 24 Jun 2009 | Titanium | ► | ERAMET GROUP : ERAMET increases stake in Eralloys (ex-Tinfos) to 100% after acquiring remaining 6% minority interests ERAMET, a 94.3% shareholder in Eralloys Holding AS ('Eralloys'), today announced that it had increased its interest in Eralloys to 100% after acquiring the 5.7% of equity still held by minority... more ► |
| Exotic Metals | ► | Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium |
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| 3 Jul 2009 | Chromium | ► | FeCr price for shipments to Europe in Q3 / 09 is settled at 89 US-cents by rise of 20 US-cents South African Charge Chrome, Negotiations Were Concluded On End Last Week... more ► |
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| Manganese | ► | World output of Mn ferro-alloys in Q1 / 09 decreased by 34% from that in same quarter / 08 Data Reported By IMnI, World Demand Decreased By 35%... more ► |
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| 2 Jul 2009 | Molybdenum | ► | Creston Moly to raise $3M through offering Creston Moly Corp. plans to raise $3 million through the offering of shares and purchase warrants in a non-brokered private placement announced Thursday... more ► |
| Tungsten | ► | North American Tungsten announces CanTung mine to be placed on care and maintenance North American Tungsten Corporation Ltd. (the "Company") (TSX VENTURE:NTC) announces (June 29, 2009) that it will temporarily suspend production at its CanTung tungsten mine in the Northwest... more ► |
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| Chromium | ► | Imara launches African resources fund Financial services firm Imara Group said Thursday it has launched a dedicated African resources fund that will target international investors and fund managers... more ► |
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| Molybdenum | ► | Spot moly oxide trade picks up on South Korea on major tender Spot molybdenum oxide trade was active in South Korea this week after one steelmaker issued a tender to buy 100-200 mt of molybdenum oxide, local market sources said Wednesday... more ► |
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| Cobalt | ► | Chineese intent to construct battery recycling factory in Irkutsk, Russia Chineese businessman Jan Bo has arrived to Irkutsk. Chineese businessman hopes to invest approximally 2 billion dollars in construction of battery recycling factory in Irkutsk territory to recycle... more ► |
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| Niobium | ► | Globe commences discussions with potential Chinese off-take partners Globe Metals & Mining (ASX: GBE) is pleased to announce that it has commenced discussions with a number of Chinese parties regarding off-take arrangements for the sale of ferro-niobium (FeNb) from... more ► |
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| 1 Jul 2009 | Manganese | ► | Price of Mn-ore offered by major mines to China for July shipment remains unchanged The Price Made Round To Fall And Bottomed Out, Spot Price Is Rebounding... more ► |
| Vanadium | ► | JV deals diversify Panoramic portfolio Panoramic Resources has followed through with plans to expand out of nickel by signing a joint venture deal with Thundelarra Exploration, the second agreement in as many days... more ► |
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| Minor Metals | ► | Selenium, Silicon, Mercury, Indium, Antimony, Zirconium, Bismuth, Rhenium, Arsenic, Hafnium, Tellurium, Thallium |
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| 3 Jul 2009 | Indium | ► | Nippon Mining & Metals' electronic materials output recovers Nippon Mining & Metals improves the operation rate for electric materials including sputtering target material... more ► |
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| Nippon Mining to lift indium-tin oxide capacity on firm demand Japan's Nippon Mining & Metals plans to expand its indium-tin oxide production capacity at Isohara near Tokyo on firm flat panel display demand in China and the US, a company official said Friday... more ► |
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| Nippon Mining: no primary indium buying until Q4 Japan's Nippon Mining & Metals Co Ltd, a top consumer of indium, said it will not be buying primary indium at least until the fourth quarter of this year due to sufficient supplies from abundant... more ► |
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| 1 Jul 2009 | China not to purchase nonferrous metals for state reserve any more, NDRC official China will not purchase nonferrous metals for state reserve any more under the current market condition that domestic prices of nonferrous metals have been raised modestly through state reserve... more ► |
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| 30 Jun 2009 | Japan to boost minor metal stockpile as prices dip Japan aims to take advantage of a price decline to roughly double its national stockpile of minor metals, but it does not expect its purchases to be a factor in driving up prices in the long term... more ► |
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| 29 Jun 2009 | China NDRC: Has completed metal stockpiling - Caijing China has completed its state-sponsored stockpiling of a range of industrial metals, which achieved its policy purpose of raising market confidence, reducing stocks and stabilizing prices, a National... more ► |
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| 26 Jun 2009 | Rhenium | ► | Chinalco, Ivanhoe hold preliminary cooperation talks Chinese metals conglomerate Chinalco is willing to work with Canada's Ivanhoe Mines (IVN.TO) but a meeting between the two firms' chief executives last week was preliminary and brought no firm deals,... more ► |
| 24 Jun 2009 | Tellurium | ► | Tellurim: Hard to find, easy to smell What Is Tellurium?... more ► |
| 23 Jun 2009 | Silicon | ► | Timminco resumes silicon metal production Timminco Ltd. has resumed production of silicon metal at its Becancour Silicon facilities due to improved market conditions and demand for silicon metal from the chemical industry... more ► |
| Rhenium | ► | PBX files revised 43-101 technical report on its Copaquire molybdenum-rhenium-copper property International PBX Ventures Ltd. (TSX VENTURE:PBX) is pleased to report it has submitted a revised NI 43-101 technical report for its 100% owned Copaquire molybdenum – rhenium – copper porphyry... more ► |
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| 3 Jul 2009 | Uranium | ► | Kalahari Minerals “hugely excited” by Rossing South resource upgrades Mining group Kalahari Minerals has reported improved resource estimates from the Rossing South uranium discovery in Namibia... more ► |
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| 1 Jul 2009 | INB: Nation aims to triple uranium reserves in 2-3 years Brazil is on track to triple its uranium reserves from the current 300,000t in two or three years, according to Otto Bittencourt, director of state nuclear energy entity INB's mineral resources... more ► |
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| 30 Jun 2009 | Paladin approves Namibia uranium mine expansion African miner Paladin Energy Ltd will go ahead with an expansion of its flagship uranium mine in Namibia, but to a size below an original target, the company said on Tuesday... more ► |
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| 26 Jun 2009 | Altius Minerals Q4 loss narrows sharply Mineral explorer Altius Minerals Corp. (ALS.TO) reported Friday a narrower loss in the fourth quarter, despite decrease in revenue, and the write down of certain investments... more ► |
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| Rare Earth | ► | China controls 95% of global rare earths market Why all the buzz about rare earths elements (REEs)? In this exclusive Energy Report interview, industry expert Clint Cox, The Anchor House, tells how he separates the hype from reality, and what a... more ► |
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| Lutetium | ► | Furukawa expands cristal materials development activity Furukawa expands research and development activity for crystal materials... more ► |
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| 23 Jun 2009 | Uranium | ► | OZ Minerals reduces stake in Toro Energy OZ Minerals Ltd has sold 10 million shares in uranium company Toro Energy, reducing its shareholding to below 50 per cent... more ► |
| Rare Earth | ► | U.S. expected to launch WTO case against China Both U.S. and EU expected to announce WTO case... more ► |
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| 19 Jun 2009 | Rare earth metals exploraton update Canadian International Minerals Inc (CIN) has acquired by staking,... more ► |
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| 18 Jun 2009 | Uranium | ► | Simmers lifts gold production South African gold and uranium miner Simmer & Jack Mines on Thursday reported a 9 percent rise in gold production to 183,036oz for the year ended March 2009... more ► |
| Other News |
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| 1 Jul 2009 | Metals | ► | China manufacturing continues to expand China's manufacturing activity expanded in June for the fourth consecutive month, official figures showed, the latest tentative sign of economic recovery... more ► |
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| 30 Jun 2009 | World mining outlook grim, costs eat profit Short-term prospects for global mining companies are bleak, as rising costs eat into profit margins already depressed by the recession, according to a report by PricewaterhouseCoopers (PwC)... more ► |
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| 29 Jun 2009 | Steel, nonferrous metal cos Japan's most effective cash magnets Japanese steelmakers and nonferrous metal companies occupied a number of top spots in a Nikkei ranking of publicly traded firms that are effectively using their assets to earn cash... more ► |
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| 25 Jun 2009 | Wogen shares jump after management ups MBO price The management team vying to buy out minority investors in Wogen, the loss-making metals trader, has secured the support of an independent committee set up to review the bid after increasing its... more ► |
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| 11 Jun 2009 | Mining income slumps The impact of the puncturing of the resources boom is well and truly upon us... more ► |
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| 5 Jun 2009 | BHP may launch full takeover bid for Rio BHP Billiton Ltd may eventually launch a full-blown takeover bid for Rio Tinto Ltd, further to the mining giants' iron ore joint venture announced on Friday... more ► |
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| 4 Jun 2009 | Top 40 miners feel profits shrink 14% in 2008 Consultancy group PricewaterhouseCoopers (PwC) on Wednesday released its annual mining study, entitled "Mine 2009: When the going gets tough," in which it concluded that the world's top 40 miners... more ► |
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| 2 Jun 2009 | Commodities may dip but rebound later - analysts * Copper, iron ore buying to slow down... more ► |
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| Big miners shed 62% worth in '08: report The world's top 40 miners shed nearly two-thirds of their worth in 2008, according to a new report that highlights the severity of last year's commodity collapse... more ► |
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| 21 May 2009 | China's quest for Africa's minerals Chinese companies have plunged into a renewed quest for mining and related projects in Africa, using reserves of cash unavailable to Western competitors to scoop up assets at steep discounts, a... more ► |
