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Updated: 2 hours 37 min ago

LIVE FUTURES REPORT 24/11: Copper, nickel close with fresh week highs; zinc fails to find momentum

Fri, 11/24/2017 - 17:45
Base metals prices on the London Metal Exchange mostly closed the week in positive territory on Friday November 24 with only zinc bucking the higher trend.
Categories: Metals Industry News

LIVE FUTURES REPORT 24/11: Weak dollar, industrial action boost Comex copper price

Fri, 11/24/2017 - 16:05
Comex copper prices climbed on Friday November 24, buoyed by reports of industrial action and a weaker dollar.
Categories: Metals Industry News

PEOPLE MOVES: Andy Gooch will become CCBI Metdist CEO after Nigel Dentoom steps down

Fri, 11/24/2017 - 15:56
Andy Gooch is to become chief executive officer of CCBI Metdist, taking over the reins from Nigel Dentoom, who will step down before the end of the year.
Categories: Metals Industry News

Logisminsa gets bonded warehouse approval; will build underground lead concentrates storage

Fri, 11/24/2017 - 15:50
Peru’s first independent metal concentrates warehouse and blending facility is targeting growth and a new storage space for lead in 2018, senior consultant Victor Way said in an interview with Metal Bulletin.
Categories: Metals Industry News

CHINA ZINC & LEAD WEEK: Five aims for supply-side reform - CNIA

Fri, 11/24/2017 - 12:21
Tao Peng, secretary general of the China Nonferrous Metals Industry Association (CNIA) Zinc and Lead Branch, identified five things to consider while reforming the supply side of the domestic zinc and lead industry.
Categories: Metals Industry News

CHINA ZINC & LEAD WEEK: More room for improvement in China secondary lead industry - CMRA

Fri, 11/24/2017 - 11:45
China, the world’s largest producing and consuming country of lead, has room to improve its secondary lead industry, according to Wei Liu, deputy secretary general of the China Nonferrous Metals Industry Association Recycling Metal Branch (CMRA).
Categories: Metals Industry News

LIVE FUTURES REPORT 24/11: LME base metals mostly higher; zinc dips

Fri, 11/24/2017 - 10:45
Base metals prices on the London Metal Exchange were mostly trading higher this morning, Friday November 24, with only zinc bucking the trend.
Categories: Metals Industry News

NIF says agreement 'in principle' reached with Valleyfield union; workers to vote Saturday

Fri, 11/24/2017 - 10:30
Unionized workers at North America’s second-largest zinc smelter will vote on terms to end a nine-month strike this Saturday after an “agreement in principle” was reached last night, owner Noranda Income Fund said.
Categories: Metals Industry News

NIF says agreement “in principle” with Valleyfield union; workers to vote Saturday

Fri, 11/24/2017 - 10:30
Unionized workers at North America’s second largest zinc smelter will vote on terms to end a nine-month strike this Saturday, following an “agreement in principle” being reached last night, owners Noranda Income Fund said.
Categories: Metals Industry News

Alumina prices weaken for fifth week in a row

Fri, 11/24/2017 - 10:00
Spot alumina prices recorded their fifth consecutive decline this week, with smelters continuing to hold out for lower offers amid squeezed profit margins.
Categories: Metals Industry News

LIVE FUTURES REPORT 24/11: SHFE zinc stocks fall 5% w-o-w; nickel up over 4%

Fri, 11/24/2017 - 09:55
Deliverable zinc stocks at Shanghai Futures Exchange-approved warehouses have fallen by 4,314 tonnes or 5.1% over the past week to 80,196 tonnes as of Friday November 24, the standout performer among the complex.
Categories: Metals Industry News

IN FIGURES: China's base metal imports in October

Fri, 11/24/2017 - 09:45
A summary of China’s base metal imports figures for October 2017.
Categories: Metals Industry News

METALS MORNING VIEW 24/11: Metals prices firm, strong PMI data supportive

Fri, 11/24/2017 - 08:50
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Friday November 24. The exception is zinc, where prices are off by 0.1%, while the rest are up by between 0.2% for tin prices and 1.1% for nickel prices, with copper prices up by 0.3% at $6,992 per tonne.
Categories: Metals Industry News

EUROPEAN MORNING BRIEF 24/11: SHFE copper prices supported; Chile’s presidential candidates lay out mining sector plans; Codelco copper output dips

Fri, 11/24/2017 - 05:30
Good morning from Metal Bulletin’s office in Shanghai, as we bring you the latest news and pricing stories on Friday November 24.
Categories: Metals Industry News

LIVE FUTURES REPORT 24/11: SHFE base metals broadly higher; copper supported by strikes

Fri, 11/24/2017 - 04:25
Copper prices on the Shanghai Futures Exchange pushed higher during Asian morning trading on Friday November 24, as the red metal continued to be supported by industrial action in Latin America.
Categories: Metals Industry News

FOCUS: Chilean presidential candidates’ plans for the mining sector

Fri, 11/24/2017 - 03:26
Chile, the world’s largest copper producer, will elect a new president on December 17 in a runoff vote between conservative front-runner Sebastian Pinera and center-left candidate Alejandro Guillier.
Categories: Metals Industry News

Codelco’s copper output dips in Jan-Sep; profits boosted by higher metal prices

Fri, 11/24/2017 - 01:50
Codelco’s mined copper production edged lower in the first nine months of 2017 due to declining ore grades, but the miner’s profits rose significantly during the period, benefiting from higher prices for the metal.
Categories: Metals Industry News

ASIAN MORNING BRIEF 24/11: Escondida miners strike; Southern Peru Copper industrial action enters third day

Fri, 11/24/2017 - 00:05
The latest news and price moves to start the Asian day on Friday November 24.
Categories: Metals Industry News

LIVE FUTURES REPORT 23/11: Strike action buoys copper, ali prices; lead bucks upward trend

Thu, 11/23/2017 - 17:30
Base metals prices on the London Metal Exchange were mostly higher at the close on Thursday November 23, with only lead bucking the upward trend.
Categories: Metals Industry News

UPDATE: Workers at Chile’s Escondida copper mine stage 24-hour stoppage against job cuts

Thu, 11/23/2017 - 16:34
Escondida copper mine has laid off about 120 workers following a review of its operations, a decision that has been strongly criticized by its main trade union and could complicate next year’s labor negotiations.
Categories: Metals Industry News

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