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Philippines: Mining Operations in ARMM Suspended for Performance Audit

COTABATO CITY — The Department of Environment and Natural Resources (DENR) in the Autonomous Region in Muslim Mindanao (ARMM) has suspended all mining operations in the region in the wake of the conduct of performance audit on operating firms’ compliance wit...

Friday, July 15, 2016

Cautiously optimistic about nickel price

Base metals have enjoyed a solid 2016 so far with only lead (-3%) in negative territory for the year. While the likes of zinc (+28%) and tin (+16%) have rallied and steelmaking raw materials iron ore (+24%) and coking coal (+12%) have come back strongly, nicke...

Tuesday, July 5, 2016

Brexit: So, What Kind of Deal Can an Independent UK Expect From the EU?

if the new, post-Brexit U.K. allows open access to workers from the European Union — and not allowing open borders and easy employment for other Europeans was the central plank and sticking point of the entire Leave campaign — it might be easier to make a d...

Wednesday, June 29, 2016

Brexit's effect on metal prices

Britain's referendum and its result in exiting from the EU (with 51.9% leave vote) has sent stock markets around the world into decline. There are many uncertainties for the near future of Britain, Europe, and global markets, including metal prices.

Monday, June 27, 2016

June Nickel Price Forecast: Philippines Shipments in Jeopardy

Nickel ore shipments from the Philippines could be in trouble after a new president’s appointment of an anti-mining presence that could spell disaster for Chinese buyers.

Friday, June 24, 2016

Malaysia, Indonesia, Viet Nam Steel demand to rise in 2017: worldsteel

LONDON (Scrap Register): Steel demand in Thailand, Malaysia, Indonesia, the Philippines and Viet Nam are expected to maintain a growth rate of 6% next year despite exposure to China’s steel exports, according to World Steel Association (worldsteel).

Wednesday, June 22, 2016

Key Macroeconomic Indicators for Base Metal Prices (2016-6-22)

Market will eye US crude oil stocks and May existing home sales today.

Wednesday, June 22, 2016

WBMS: Nickel, Tin markets end in minor deficit; Zinc records tiny surplus

SPOKANE (Scrap Monster):The latest Metals Balances Report for the first four months of the current year released by the World Bureau of Metal Statistics (WBMS) indicates that Nickel market has ended in a small deficit during

Monday, June 20, 2016