Metals News

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

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Ferrous Metals ►  Iron & Steel, Stainless Steel, Carbon Steel, Alloy Steel
9 Mar 2010 Iron & Steel  ►  Iron ore prices rise, ETFs benefit
With the global economy looking poised to rebound, iron ore prices are sure to benefit. In fact, they already are. Iron ore is a key ingredient in the steel making process, so it is no understatement... more 
  BHP coal deal analysis, iron ore outlook
Yesterday BHP Billiton announced it had signed a deal with an as yet unnamed Japanese steel company to sell its met coal (coking coal) at US$200/t for the period of the second quarter 2010. As the... more 
  India's NMDC bids for Australian iron ore mine
An international consortium that includes India's biggest iron-ore producer, National Mineral Development Corporation (NMDC), has made a $230-million bid for a 70 per cent stake in a mine owned by... more 
  Steel prices will go up
Rising steel prices, driven by climbing raw material costs, will benefit vertically integrated steel makers such as United States Steel Corp., said a Goldman Sachs analyst on Monday as he upgraded... more 
Stainless Steel  ►  Molybdenum prices to rise on market uncertainty
There is presently a growing panic among molybdenum traders. From our sources, it appears reduced inventories have been overpowered by rushing demand for the silvery-white 'energy metal.' On the day... more 
8 Mar 2010 Ferrous 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 
6 Mar 2010 Iron & Steel  ►  Rare Earth Metals resumes drilling at its RE-niobium-iron deposit
Rare Earth Metals Inc is pleased to announce the resumption of drilling on the Clay-Howells project in northern Ontario. The drill program had been delayed in order to carry out discussions with a... more 
  NiPlats Australia quadruples vanadium resource
NiPlats Australia has moved out of a trading halt to announce a quadrupling of mineral resource at the Speewah vanadium deposit to a total resource of 3.2 billion tonnes at 0.30% V2O5, 2% Ti and... more 
5 Mar 2010   Jupiter Mines to acquire stake in manganese project
Red Rock Resources, the AIM-listed mining group, today said that its 25.1% owned Australian associate Jupiter Mines had announced a "company transforming" transaction... more 
  Alderon Resources completes $11.5m in private placement for its iron ore property
Altius Minerals Corporation announces that Alderon Resource Corp. has successfully completed financings and is making plans to explore Altius' Kamistiatusset iron ore project in the western Labrador... more 

See all Ferrous Metals News



Base Metals ►  Copper, Aluminium, Zinc, Lead, Tin, Nickel
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9 Mar 2010 Copper  ►  Gold futures drops to $1,122/oz
Gold futures finished slightly lower Tuesday as the U.S. dollar firmed and a Chinese official indicted the country's future purchases of the metal may not be as healthy as some anticipated... more 
Base Metals  ►  Copper prices down to $7,470/mt
LME copper closed at $7,470/mt, having earlier hit $7,629.75/mt... more 
  Palladium prices reach two-year high of $477
Palladium prices hit a two-year high on Monday but crude oil faltered after making early gains while gold moved lower as the dollar strengthened... more 
Copper  ►  Virgin Metals raises $439,000; to proceed with copper-molybdenum project
TSX:VGM... more 
Nickel  ►  Molybdenum prices to rise on market uncertainty
There is presently a growing panic among molybdenum traders. From our sources, it appears reduced inventories have been overpowered by rushing demand for the silvery-white 'energy metal.' On the day... more 
8 Mar 2010 Copper  ►  Quadra Mining announces 2009 financial results
Quadra Mining Ltd. announces net earnings of $80.5 million or $0.89 per share (basic) for the year ended December 31, 2009 compared to $38.6 or $0.61 per share (basic) for the year ended December 31,... more 
Base 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 
Copper  ►  Gold futures plunge to $1,124/oz
Gold futures finished lower on Monday, erasing gains seen in morning trade, as investor enthusiasm for the U.S. economy and aid to Greece faded, lifting the dollar while reducing the appeal of the... more 
7 Mar 2010 Zinc  ►  Anglo American to sell zinc assets for $800m
Vedanta Resources and Canadian miner HudBay Minerals are believed to be in the mix for the $800m zinc assets of Anglo American which are up for sale... more 
Base Metals  ►  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 

See all Base Metals News



Precious Metals ►  Gold, Silver, Platinum, Palladium, Rhodium, Iridium, Ruthenium, Osmium
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9 Mar 2010 Precious Metals  ►  Gold futures drops to $1,122/oz
Gold futures finished slightly lower Tuesday as the U.S. dollar firmed and a Chinese official indicted the country's future purchases of the metal may not be as healthy as some anticipated... more 
Palladium  ►  Palladium prices reach two-year high of $477
Palladium prices hit a two-year high on Monday but crude oil faltered after making early gains while gold moved lower as the dollar strengthened... more 
Gold  ►  Acquisitions and disposals to move India's gold prices
Protests by importers and jewellers against finance minister Pranab Mukherjee raising customs on gold and platinum by Rs100 to Rs 300 per 10 gm lack conviction. Prices of these precious metals are... more 
  True North options 65% of its Yukon rare earth discovery to Great Western Minerals
True North Gems Inc. and Great Western Minerals Group Ltd are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX's True Blue property in the Yukon... more 
8 Mar 2010 Precious 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 
  Gold futures plunge to $1,124/oz
Gold futures finished lower on Monday, erasing gains seen in morning trade, as investor enthusiasm for the U.S. economy and aid to Greece faded, lifting the dollar while reducing the appeal of the... more 
Gold  ►  Gold prices moving again
Last week, gold made history, if you don't just think in U.S. dollars. The metal made all-time highs in euros, Swiss francs and British pounds... more 
  Impact of gold ETF
Five years ago this week, an obscure little ETF called StreetTracks Gold Shares was born. As the first American ETF enabling stock traders to gain direct price exposure to a physical commodity, GLD... more 
  ValGold reports drilling results on its gold project in Ontario
("ValGold" or the "Company") (TSX VENTURE:VAL)... more 
7 Mar 2010 Silver  ►  Columbus Silver stakes two Nevada silver projects
Columbus Silver Corporation announced that its ongoing prospecting program has resulted in the staking of two highly prospective silver properties in Nevada, bringing its total silver portfolio to 8... more 

See all Precious Metals News



Light Metals ►  Titanium, Magnesium, Rubidium, Gallium, Beryllium, Strontium, Calcium, Barium, Cesium, Lithium, Sodium, Francium, Germanium, Potassium, Radium
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8 Mar 2010 Light 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   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 
Magnesium  ►  Molycor to start work on dolomite project in Nevada
Molycor Gold Corp. announced the company has signed a contract with Hazen Research Inc. ("Hazen") for Hazen to start work (Phase 1) on the process development study for exploitation of the Tami Mosi... more 
Titanium  ►  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 
6 Mar 2010 Lithium  ►  Galaxy Resources begins mining lithium and tantalum
Galaxy Resources announced that the Company has commenced pre-strip mining at its Mt Cattlin Spodumene Project ahead of schedule... more 
Titanium  ►  NiPlats Australia quadruples vanadium resource
NiPlats Australia has moved out of a trading halt to announce a quadrupling of mineral resource at the Speewah vanadium deposit to a total resource of 3.2 billion tonnes at 0.30% V2O5, 2% Ti and... more 
5 Mar 2010 Magnesium  ►  Globex positive on talc-magnesium project
Globex Mining Enterprises Inc. is pleased to inform shareholders that a NI 43-101 report titled Technical Report on the Initial Mineral Resource Estimate for the Timmins Talc-Magnesite Deposit,... more 
  New lightweight research for magnesium and aluminium alloys
A Toronto professor has been recognized at the forefront of a drive that promises to bring lighter, greener materials to the road... more 
  Chinese magnesium prices down
Lithium  ►  Rodinia Minerals drills lithium at its Clayton Valley project
Rodinia Minerals Inc., is pleased to report that it has received positive sample results from its reverse circulation drill exploration program on its Clayton Valley lithium-brine project in Nevada,... more 

See all Light Metals News



Exotic Metals ►  Tungsten, Molybdenum, Tantalum, Manganese, Cobalt, Chromium, Cadmium, Niobium, Vanadium
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9 Mar 2010 Molybdenum  ►  Thompson Creek says molybdenum prices will rise
Thompson Creek Metals Co Inc looks for pent-up demand or the "rebound effect" to cause global demand for molybdenum to grow faster in 2010 than the usual 4 to 5 percent pace... more 
Niobium  ►  True North options 65% of its Yukon rare earth discovery to Great Western Minerals
True North Gems Inc. and Great Western Minerals Group Ltd are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX's True Blue property in the Yukon... more 
Molybdenum  ►  Virgin Metals raises $439,000; to proceed with copper-molybdenum project
TSX:VGM... more 
  Molybdenum prices to rise on market uncertainty
There is presently a growing panic among molybdenum traders. From our sources, it appears reduced inventories have been overpowered by rushing demand for the silvery-white 'energy metal.' On the day... more 
8 Mar 2010   Quadra Mining announces 2009 financial results
Quadra Mining Ltd. announces net earnings of $80.5 million or $0.89 per share (basic) for the year ended December 31, 2009 compared to $38.6 or $0.61 per share (basic) for the year ended December 31,... more 
Exotic 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 
6 Mar 2010 Molybdenum  ►  Fjordland acquires vast gold-copper targets
Fjordland Exploration Inc. reported that, as a result of its recent successes at their Woodjam Project, it has recently acquired a 100% interest in eight properties located in the south Cariboo... more 
  Intrepid Mines intersects copper, gold and molybdenum at Tujuh Bukit project
- Best intersection to date... more 
Tungsten  ►  Malaga increases tungsten ore reserves and resources
Malaga Inc. is pleased to release resource estimates from an updated technical report on the Pasto Bueno tungsten mine's reserves and resources, located in the Ancash Province of Northern Peru. The... more 
Molybdenum  ►  Sichuan Hanlong acquires 25% share of General Moly for $80m
A Chinese firm has agreed to buy a 25 percent equity stake for $80 million and secure other funding designed to fully finance a Nevada molybdenum mine, General Moly Inc. said... more 

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Minor Metals ►  Selenium, Silicon, Mercury, Indium, Antimony, Zirconium, Bismuth, Rhenium, Arsenic, Hafnium, Tellurium, Thallium
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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 
Bismuth  ►  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 
Zirconium  ►  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 
  Midland Exploration seeks $2.7m funding for its rare earths project
Midland Exploration Inc. is pleased to announce the signing of a Memorandum of Agreement with Japan Oil, Gas and Metals National Corporation ("JOGMEC") for its Ytterby rare earth elements ("REE")... more 
3 Mar 2010   Australia's gold-copper miners outlook summary
OZ Minerals has a problem. What to do with all that cash – a little more than a $1 billion at last count... more 

See all Minor Metals News



Rare Earth ►  Scandium, Yttrium, Europium, Lanthanum, Cerium, Neodymium, Gadolinium, Praseodymium, Samarium, Promethium, Ytterbium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Lutetium, Uranium, Plutonium, Thorium, Neptunium
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9 Mar 2010 Rare Earth  ►  True North options 65% of its Yukon rare earth discovery to Great Western Minerals
True North Gems Inc. and Great Western Minerals Group Ltd are pleased to announce that TGX has granted GWMG an option to acquire up to a 65% working interest in TGX's True Blue property in the Yukon... more 
  Uragold acquires Bulstrode rare earth property
Uragold Bay Resources Inc. (Uragold), is pleased to announce it has acquired by map staking 100% interest in the Bulstrode Rare Earth property located 28 km west of Thetford Mines, Eastern Townships,... more 
Thorium  ►  Senators push for thorium use in reactors
Senators Orrin G. Hatch (R-Utah) and Harry Reid (D-Nevada) this week introduced the Thorium Energy Security Act of 2010 to accelerate the use of thorium-based nuclear fuel in existing and future... more 
8 Mar 2010 Rare Earth  ►  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 
6 Mar 2010   Rare Earth Metals resumes drilling at its RE-niobium-iron deposit
Rare Earth Metals Inc is pleased to announce the resumption of drilling on the Clay-Howells project in northern Ontario. The drill program had been delayed in order to carry out discussions with a... more 
Uranium  ►  Forte Energy sells copper-cobalt project; uranium projects updates
- A$2M received on 22 February 2010 from settlement of the sale of Forte Energy's interest in the Maroochydore JV Copper/Cobalt project in Western Australia... more 
5 Mar 2010 Rare Earth  ►  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 
  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 
  Rare earths investment could be the best opportunity out there
Rare earth may not sound a sexy investment, but with China controlling 97% of the world's production and threatening to tighten supply, billions is set to be channelled into finding new sources of... 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 

See all Rare Earth News



Other News 
8 Mar 2010 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 
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 
  MiNE LLC holds Africa mining congress in Zambia
Zambia is a significant global player insofar as copper output is concerned... more