Base Metals Recover on Global Cues

Source: Business Standard (5/18/11)

"Industrial metals rebounded from Tuesday's losses, supported by weakening dollar coupled with improved demand from China."

Business Standard

Base metals prices recovered at the non-ferrous metal market today due to a fresh off-take driven by a firming trend at the London Metal Exchange (LME).

In overseas trade, industrial metals rebounded from Tuesday's losses on the LME supported by weakening dollar coupled with improved demand from China.

Nickel spurted by Rs 10 per kg to Rs 1,270 from its overnight closing level of Rs 1,260 and tin rose by Rs 8 per kg to Rs 1,523 as against Rs 1,515 previously.

Copper armiture and copper sheets cutting both firmed up by Rs 4 per kg each to Rs 444 and Rs 436, respectively, as compared to Rs 440 and Rs 432 yesterday.

Copper cable scrap, copper scrap heavy and copper wire bar, all moved up by Rs 2 per kg each to Rs 461, Rs 451 and Rs 489, respectively.

Copper utensils scrap and brass utensils scrap also inched up by a rupee per kg each to Rs 422 and Rs 305. However, zinc prices softened to settle at Rs 123 as against Rs 124 previously.

Explorer Completes Phase 2 Metallurgical Work for Palladium-Copper Project
Source: Streetwise Reports (01/28/2021)

Generation Mining intends to wrap up the feasibility study on Marathon this quarter.

Silver Firm Reports Q4/20 Processing, Production Numbers from Mexico Project
Source: Streetwise Reports (01/28/2021)

MAG Silver's joint venture project Juanicipio produced 230,000 ounces of silver during the quarter ended Dec. 31, 2020.

Golden Arrow Resources Out Exploring Again After COVID-19; Hits High-Grade Gold at Tierra Dorada in Paraguay
Source: The Critical Investor for Streetwise Reports (01/27/2021)

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Source: Streetwise Reports (01/27/2021)

The StreetSmart Live! Broadcast on Jan. 26, 2021, focused on metals and why now is a good time for investors to be looking at them and the mining space. John Newell, independent analyst and portfolio manager, and John Feneck, mining sector expert and president of Feneck Consulting, addressed the status of the current metals market. CEOs of the three metals-focused companies comprising the Metallic Group of Companies—Group Ten Metals, Metallic Minerals and Granite Creek Copper—discussed their projects.

MMT Survey Helps Explorer Identify New Large Target at Ecuador Property
Source: Streetwise Reports (01/26/2021)

Aurania Resources reported that data from an ongoing Mobile MT Survey identified an extensive target at Tsenken at its Lost Cities - Cutucu Project in southeastern Ecuador.

Miner with Projects in Canada and Mexico Looks Forward to 2021
Source: Maurice Jackson for Streetwise Reports (01/20/2021)

In conversation with Maurice Jackson of Proven and Probable, the CEO of Riverside Resources outlines the "sunglasses needed" future he sees for the company in the coming year.

Divide and Conquer, American-Style, the Dollar and Precious Metals
Source: Michael Ballanger for Streetwise Reports (01/18/2021)

Sector expert Michael Ballanger explores how fluctuations in the value of the U.S. dollar and the gold and silver markets have played out over the last week.