Metals News

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

Date: Search:
FREE: Subscribe to Metals News daily or weekly newsletters – receive Metals News alerts by e-mail
Sponsored Links ► 

Ferrous Metals ►  Iron & Steel, Stainless Steel, Carbon Steel, Alloy Steel
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 
  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 
  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 
  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 
  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 
  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 
  Non-ferrous scrap market outlook
Boris Bronneberg, Source Montan Handels... more 
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 
  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 

See all Ferrous Metals News



Base Metals ►  Copper, Aluminium, Zinc, Lead, Tin, Nickel
Back to top ▲  
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 
  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 
Base Metals  ►  Non-ferrous scrap market outlook
Boris Bronneberg, Source Montan Handels... more 
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 
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 
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 
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 
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 
  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 

See all Base Metals News



Precious Metals ►  Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium, Osmium
Back to top ▲  
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 
  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 
  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 
  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 
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 
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 
  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 
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 
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 

See all Precious Metals News



Light Metals ►  Titanium, Magnesium, Rubidium, Gallium, Beryllium, Strontium, Calcium, Barium, Cesium, Lithium, Sodium, Francium, Germanium, Potassium, Radium
Back to top ▲  
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 
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 
  Non-ferrous scrap market outlook
Boris Bronneberg, Source Montan Handels... more 
  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 
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 
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 
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 
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 
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 

See all Light Metals News



Exotic Metals ►  Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium
Back to top ▲  
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 
Cadmium  ►  Cadmium prices rise to $5.75/kg
Exotic Metals  ►  Non-ferrous scrap market outlook
Boris Bronneberg, Source Montan Handels... more 
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 
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 
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 
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 
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 
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 

See all Exotic Metals News



Minor Metals ►  Selenium, Silicon, Mercury, Indium, Antimony, Zirconium, Bismuth, Rhenium, Arsenic, Hafnium, Tellurium, Thallium
Back to top ▲  
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 
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 
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 
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 
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 
  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 

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
Back to top ▲  
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 
  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 
  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 
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 
  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 
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 
  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 
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 

See all Rare Earth News



Other News 
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 
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 
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 
  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 
  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 
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 
2 Mar 2010   Chile earthquake to hit gold and copper prices
Gold... more 
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 
  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 
  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