Crude oil futures prices
Johannesburg, 27 February (Argus) — Lithium developers Lithium Australia and Lepidico have settled their legal dispute which was announced on 4 November last year.Houston, 17 February (Argus) — US zinc premiums held at their lowest level of the year for a second week as warehouse stockpiles continue to drop amid limited demand.Market bulls believe that the prevailing copper prices do not reflect current events on the supply side.The dollar index, a measure of the US currency against a weighted baske Read more.Johannesburg, 13 March (Argus) — Australian base and precious metals developer Independence Group continues to ramp up its Nova nickel-copper project up to nameplate capacity despite setbacks in underground mining progress over the past few months.Houston, 19 January (Argus) — Premiums for melting and plating grade nickel remained unchanged Thursday from a week earlier amid falling exchange-traded nickel prices.Full-year manganese oxide mineral output totalled 34,622t in 2016, up by 103pc from the 17,037t produced in 2015.The softening of prices for nickel-bearing stainless scrap last week was attributed to the fall in nickel prices on the LME and Read more.
Johannesburg, 20 March (Argus) — AIM-listed Africa-focused metals developer Premier African Minerals is on track to produce wolframite, the principal ore of tungsten, at its RHA Tungsten project in Zimbabwe before the end of March.Assay results from its Far West deposit include 14.8m Read more.Houston, 18 January (Argus) — US copper cathode premiums strengthened Wednesday as dealers held their ground after premiums fell to their lowest level since 2015 in the prior week.The second shipment of 16,662t of spodumene, grading 4-6pc lithium oxide, will be delivered to Zhe Read more.Houston, 8 February (Argus) — WTI crude futures rose today amid a surprise draw in US gasoline stocks, even as crude inventories saw one of the largest weekly builds on record.
New York, 9 January (Argus) — The global aerospace and defense sector is projected to grow by 2pc in 2017 amid higher military expenditures, according to a report by financial consulting firm Deloitte.Houston, 10 January (Argus) — Combined imports of ferrous scrap and pig iron into the US southeast fell by 15.6pc in November from a year earlier on weak imports of pig iron from Russia and South Africa.Houston, 15 March (Argus) — Canadian service center shipments of aluminum were 10pc lower in February compared with a year earlier, as inventories were off by 1.7pc. Shipments fell to 9,300nt in February from 10,300nt in the prior year, according to the latest data from the Illinois-bas Read more.
Strong vessel demand on the US Gulf coast and from the east coast of Latin America continued to support the market, although the arrival of new vessels ballasting from the Read more.The value of molybdenum concentrate shipments was down 11.8pc against November.Crude oil prices ended 2016 on a high note, and we see the price of oil headed even higher in 2017.New York, 27 December (Argus) — US electric vehicle manufacturer Tesla today finalized its agreement with Panasonic to produce photovoltaic cells in Buffalo, New York and plans to begin production in 2017.Houston, 9 February (Argus) — Melting grade nickel premiums increased in the latest week as the North American market continued to experience tightness in available material, putting upward pressure on pricing.Houston, 10 March (Argus) — Al: Scrap drifts lower in EU, Asia Prices of European and Asian aluminium scrap were mainly lower in the latest week as buyers sought to bid prices down to defend their margins amid short scrap supply in Europe and weak ingot sales in Asia.Houston, 27 December (Argus) — Comex copper rose Tuesday, following stocks and crude higher, in the first post-Christmas holiday trading day amid evidence of accelerating US economic growth and buoyed consumer sentiment.Spreads narrowed to 79-82pc of the Argus midwest transaction from 78-80pc a week e Read more.Houston, 7 March (Argus) — Global Brass and Copper Holdings expects its output to rise by as much as 7.5pc in 2017 after production gained by 1.7pc in 2016 from the prior year.
The mine was placed in care and maintenance mode in early 2016 with processing operations put o Read more.Houston, 10 January (Argus) — Comex copper prices surged Tuesday, taking a cue from early gains in stocks and reacting to a weaker dollar amid optimism rising producer prices in China will help boost metals prices.UBC spreads weakened to 79-81pc of the Argus midwest transaction price fro Read more.Laredo, Texas remained the top export route with 557,148t, up by 32pc from Read more.Cape Town, 6 February (Argus) — The re-start of the Munali nickel mine in southern Zambia will be closely linked to a further reduction in global nickel stockpiles, chief executive of Consolidated Nickel Mines (CNM), Simon Purkiss, said at the Investing in African Mining Indaba in Cape T Read more.Houston, 5 January (Argus) — Nickel premiums held unchanged in the latest week amid thin spot business and a volatile nickel futures market.
Johannesburg, 14 February (Argus) — Melbourne-based Stellar Resources has been granted a mining lease from the Tasmanian resources ministry to develop the Heemskirk Tin Project in the west of the island.Mid-term demand for mill-grade aluminum scrap is steady, but end of year accounting Read more.
Beijing, 11 January (Argus) — Chinese private-sector company Chongqing Jinkang New Energy Automobile, a subsidiary of Chongqing Sokon Industry Group, is to produce pure electric vehicles.Scrap flow is down by about 15pc from a month earlier, which has caused a tightness in supply of nickel-bearing stainless s Read more.Houston, 6 February (Argus) — A Canadian court granted Essar Steel Algoma an extension on its debtor-in-possession (DIP) financing to the end of March that will allow it to continue operations under Canadian bankruptcy law as the company looks to sell its assets.
Johannesburg, 16 January (Argus) — Perth-based metals developer European Metals is on track to complete a pre-feasibility study in April at its Cinovec lithium and tin project in the Czech Republic after concluding a drilling programme aimed at upgrading the quality of its mineral resour Read more.Rising costs for most titanium scrap lifted offers for Read more.Houston, 16 March (Argus) — Pennsylvania-based Carpenter Technology Corporation Thursday announced increases in base prices for all specialty stainless, high temperature, electronic and premium alloy steels, effective for all new non-contract orders placed after March 31.
The project officially opened this week, but produced ferro-manganese from Read more.Discover the differences between oil futures market prices and oil spot market prices and what leads to the differences between the two.
Johannesburg, 15 March (Argus) — A scoping study confirms the potential for the Flemington scandium-cobalt project in New South Wales to produce high quality scandium oxide, cobalt sulphate and nickel sulphate for up to 45 years.London, 23 December (Argus) — London Metal Exchange (LME) copper and aluminium traded lower this week on a mixture of supply and economic data.The forecast of lower output and sales is based on the expectation of lower grade ore a Read more.Houston, 22 March (Argus) — US copper cathode premiums held onto recent gains as concerns of a supply deficit outweighed lackluster physical demand in the last week.Johannesburg, 22 February (Argus) — Lithium developer Altura Mining has received West Australian government approval for the Mining Proposal for its Pilgangoora lithium project and expects to start mining activities before the end of March.Fourth quarter production was 38,855t, 1pc lower than a Read more.Coal shippers will be delayed by a lengthy closure of the Markland locks and dam near Warsaw, Kentuck Read more.It has declared an inferred mineral resource of 7.8mn t grading 5.11pc heavy m Read more.
The Aim, Sydney and Johannesburg listed company said the final quarter of 2016 Read more.Hope Project, requiring the BLM to conduct additional air quality impact evaluations of the proposed m Read more.The operators cannot control demand, except perhaps to Read more.Houston, 17 February (Argus) — The US exported 13pc less aluminum scrap in 2016 than a year earlier, led by a sharp drop in used aluminum beverage can (UBC) exports.China produced 22.5mn automotive engine sets in January-November 2016, up by 15pc year on year, and sales rose by 14pc to 22.45mn, vehicle manufacturers association Read more.Sao Paulo, 13 March (Argus) — Leading Brazilian ferro-chrome producer Ferbasa produced 150,250t of chrome alloys in 2016, a 13.4pc decrease on the previous twelve months as the company adjusted to a new electricity supply contract.