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Scrap Metal News

Latest scrap metal and recycling industry news.

Friday, 23 May 2008
 

Stainless scrap prices slide


UK stainless steel scrap prices have decreased by £70 ($137) per tonne, following the slide in nickel prices on the London Metal Exchange. ...
metalbulletin.com

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Saturday, 29 March 2008
 

Metals - Copper jumps on falling inventory ahead of busy demand ...


Elsewhere, nickel was up at 31900 usd a tonne against 31400 usd. Mining group BHP Billiton (nyse: BBL - news - people ) has declared force majeure on nickel ...
forbes.com

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Wednesday, 20 February 2008
 

Moscow shares higher in afternoon trade as oil producers, Norilsk ...


Norilsk Nickel jumped 11.00 usd to 288.50, thanks to rising prices on the London Metal Exchange. Platinum hit a new record high this morning at 2168 usd per ...

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Sunday, 17 February 2008
 

Moy interviewed on '60 Minutes'


For the nickel, however, the melt value of the copper and nickel is 6.34 cents. Anticipate seeing more news stories about this in mainstream news media in ...
numismaticnews.net

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Friday, 15 February 2008
 

Diamond Drilling Begins On Quebec Nickel Project


In December 2007, Celtic reported that assay results obtained from preliminary field work returned high grades of copper-nickel-cobalt mineralization. ...
newswire.ca

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Assays Confirm Wide Zones of Nickel and Copper at FZone


... westward of the existing Radio Hill mine. Holes have where massive nickel sulphide mineralisations have the potential to accumulate. DHEM survey crew is.
newsstore.smh.com.au

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Base metals soften on lower global advices


Prices of zinc, copper and nickel weakened by Rs 3-5 a kg in the non-ferrous metal market here on Thursday due to lower global advices amid ...
thehindubusinessline.com

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Stop making cents


There would undoubtedly be a short-term hit as some costs are rounded up to
a nickel. But other prices might be rounded down -- say, a $1.98 item becoming ...
seattletimes.nwsource.com

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Kagara releases December quarter discussion & outlook


Recently, at Lounge Lizard, we've had some exciting results including wide zones of disseminated mineralisation underlain by basal massive nickel sulphide ...
mineweb.com

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Thursday, 14 February 2008
 

Copper falls as China returns, Rio bullish


Lead was $45 lower at $3005/3025 per tonne, nickel was down $425 at $27675/27875 per tonne and tin was down $150 at $16950/17050 per tonne.
africa.reuters.com

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Copper higher on falling inventories


Lead was $US20 higher at $US3,050 per tonne, nickel was down $US50 at $US28,100 and tin was up $US5 at $US17,100/17110 per tonne. The news of lower bullion ...
news.smh.com.au

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First Nickel Provides 2008 Guidance


To produce between 2.3 and 2.7 million pounds of payable copper. First Nickel has budgeted $17 million for development and capital improvements at the ...
foxbusiness.com

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Mining exports hit $2.1B in 2007


The Philippines has $1 trillion worth of untapped gold, copper and nickel resources, according to official estimates. However, less than two percent of ...
business.inquirer.net

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Wednesday, 13 February 2008
 

Copper and nickel deposits show promise, but no paydirt in Carlton ...


The rock includes pyrrhotite, a magnetic igneous mineral closely associated with copper and nickel deposits. staff photo by Janna Goerdt The company is ...
rosemounttownpages.com

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Copper and nickel deposits show promise, but no paydirt in Carlton ...


The rock includes pyrrhotite, a magnetic igneous mineral closely associated with copper and nickel deposits. staff photo by Janna Goerdt The company is ...
rosemounttownpages.com

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Second Nickel Revenue Stream Underway


"This unit has enabled an immediate reduction in the scat rate, or hard ore rejects, and increased nickel and copper metal recovery. ...
newsstore.smh.com.au

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Second Nickel Revenue Stream Underway


"This unit has enabled an immediate reduction in the scat rate, or hard ore rejects, and increased nickel and copper metal recovery. ...
newsstore.smh.com.au

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Xstrata Falls After FT Says It Rejected $76 Billion Vale Offer


Xstrata's Davis has developed the company's copper and nickel mining capacity through acquisitions, including the $16.2 billion purchase of Canada's ...
bloomberg.com

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Xstrata Falls After FT Says It Rejected $76 Billion Vale Offer


Xstrata's Davis has developed the company's copper and nickel mining capacity through acquisitions, including the $16.2 billion purchase of Canada's ...
bloomberg.com

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Independent Nickel Drills 69 Metres of 1.01% Nickel


Drillhole LLN-024 successfully encountered new nickel-copper-cobalt mineralization outside of the current resources. In addition, it also intersected much ...
marketwire.com

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Metals - Copper rises as inventories drop again UPDATE


Among other metals, aluminium edged down to 2686 usd from 2692 usd, nickel eased to 28200 usd a tonne from 28150 usd, and zinc fell to 2460 usd against 2465 ...
forbes.com

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Cabo awarded 6200 meter follow-up drill contract by Thundermin ...


Cornerstone has a diversified portfolio of gold, silver, copper, nickel, VMS, and uranium properties in Canada and Ecuador. About Thundermin Resources Inc. ...
foxbusiness.com

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Falling inventories boost copper prices


Lead was $US60 higher at $US3,030 per tonne, tin was last quoted at $US17,095/17100 per tonne versus $US17,175/17200 on Friday, and nickel was $US50 down at ...
news.smh.com.au

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Tuesday, 12 February 2008
 

Should We Make Cents?


And worldwide demand for copper, nickel and zinc have dramatically increased over the last three years. That's what's primarily driving up the cost of ...
cbsnews.com

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Promise, but no paydirt in Carlton, Aitkin counties


The company is looking for mineable copper and nickel deposits, one of three or four similar explorations Kennecott has under way, project geologist Robert ...
duluthnewstribune.com

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Select base metals up


At the London Metal Exchange, Nickel rose by $800 at $28200, tin went up by $350 to 17175, lead gained 190 dollars at 2970 dollars, copper moved up by $160 ...
thehindubusinessline.com

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RPT Metals - Copper hits 3.5 month high on ongoing stock falls UPDATE


Nickel was up at 28650 usd a tonne against 28300 usd, zinc rose to 2495 usd against 2450 usd, tin was flat at 17200 usd while aluminium edged up to 2710 usd ...
forbes.com

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RCC Plans to Make Nickel and Cobalt


Russian Copper Company, which owns the license on the development of the Belininsky nickel and cobalt deposit in the Altai Krai, ...
engl.fis.ru

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Mirabela's nickel smelter study begins to samba


... increase the nickel "payability" of the Santa Rita project and also lift the value of credits for copper, cobalt, gold and platinum group metals. ...
mineweb.com

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Monday, 11 February 2008
 

BHP's battle for Rio Tinto could run and run


Its commanding position in key resources, including iron ore, copper, nickel, aluminium and uranium, will give it control of the basic ingredients needed by ...
business.timesonline.co.uk

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Should we eliminate the penny?


The cost of producing a penny has risen 27% in the last year, while nickel manufacturing costs have risen 19%." I was pretty shocked by this concept....
helium.com

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Sunday, 10 February 2008
 

US Mint to use more zinc, less copper and nickel


The US Mint plans to use less copper and nickel, but more zinc, as it ramps up penny production and cuts back on nickels, ...
As Published by guardian.co.uk

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Copper trades near three-month high in Asia on inventories drop


Copper traded near a three-month high in Asia on concern rising demand and roduction cuts in China may erode stockpiles. Nickel also ...
tehrantimes.com

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Metals - Copper hits highest point in over 3 months amid ongoing ...


In other metals traded, tin was up at 17040 usd per tonne against 16850 usd, while three-month nickel was up at 28350 usd against 27450 usd.
forbes.com

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Base metals prices up


... Nickel rose by 800 dollars at 28200 dollars, tin shot up by 350 dollars at 17175 dollars, lead gained 190 dollars at 2970 dollars, copper moved up by ...
economictimes.indiatimes.com

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Saturday, 9 February 2008
 

INV Initiates Aggressive 2008 Exploration Programs in Canada and ...


Preliminary results from the ongoing soil geochemical survey have confirmed the presence of a strong multi-element copper-nickel-precious metal soil anomaly ...
marketwire.com

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Amador starts drilling Ajax Property and Expands Land Position


The Ajax Mine (also known as the Kanichee Mine) last produced copper-nickel ore with credits in gold, silver, platinum and palladium in the mid 1970's. ...
usetdas.com

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Kennecott Completes State Approval Process for New UP Michigan ...


... at Eagle could generate a royalty of up to $50 million to the state's Natural Resources Trust Fund, based on commodity prices for nickel and copper. ...
prnewswire.com

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FSC / Press Release


The 2007 drill results for R2 together with the results of previous exploration programs indicate nickel-copper PGE mineralization for 100 metres along ...
usetdas.com

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Friday, 8 February 2008
 

Metals - Copper rises to 3-month high as stockpiles continue to ...


Zinc was up to 2406 usd against 2386 usd per tonne, also helped by a 100-tonne fall in inventories, while three-month nickel was up at 27250 usd against ...
forbes.com

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Norilsk Unit May Halve Work Force


The northeastern unit is developing the world's largest nickel deposit, Severny, which could produce 6.7 million tons per year of copper-nickel ore, ...
As Published by themoscowtimes.com

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Copper hits three-months high on falling LME stocks


In other metals nickel, a key ingredient in stainless steel, rose nearly one percent to $27150/27350 per tonne, up $250. "Nickel has got the best outlook of ...
As Published by guardian.co.uk

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Ernst & Young study finds 'consistently disappointing' metal price ...


However, their reading of equity research notes determined that metals analysts did not foresee price increases in the key industrial metals-copper, nickel, ...
mineweb.com

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Thursday, 7 February 2008
 

Probe Mines Announces $2000000 Non-Brokered Private Placement With ...


The McFauld's area is receiving considerable attention with the continuing reports of high-grade nickel-copper-PGE mineralization on Noront Resources' Eagle ...
foxbusiness.com

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MetalCorp reports unexpected new diamond discovery at North Rock ...


The North Rock copper-nickel-platinum property is located 300 kilometres west of Thunder Bay, Ont., and 25 km east of Fort Frances, Ont. MetalCorp is a ...

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Millstream Sets its Sights on Sudbury Airport East Property ...


The minerals being sought are copper, nickel, cobalt and platinum group metals (PGM's: platinum, palladium, and gold). Present thinking by management is ...
foxbusiness.com

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First Point Forms Technical Group to Advance Nickel Exploration ...


His interests include chemical and biological heap leaching of copper and gold ores and his more recent significant research has defined a new atmospheric ...
marketwire.com

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Wednesday, 6 February 2008
 

Copper Rises as Costs May Curb China's Output; Nickel Declines


Nickel declined the most in almost two months. Record coal prices of more than $100 a metric ton today because of snowstorms in China and power cuts in ...
bloomberg.com

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Nickel, copper outlook strong


One third of Chinese stainless steel has a high nickel content of eight percent. The LME copper price will trade between $4500 and $6500/tonne, ...
miningmx.com

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Canadian Royalties report says Mequillon viable mining project


... conventional open pit and underground mining methods with a base case of $8 per pound nickel, $2 per pound copper and a 90 US cent Canadian dollar. ...
brandonsun.com

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Metals - Copper steady as investors weigh mkt woes against supply ...


Finally, nickel was down at 27136 usd a tonne against 28000 usd, lead fell to 2803 usd against 2830 usd, while tin fell to 16780 usd against 16900 usd.
forbes.com

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Copper prices firm on stronger demand


Lead traded at $US2,805 a tonne from $US2,825/2830 on Friday, tin was untraded but quoted at $US16,750/16800 from $US16,900 and nickel at $US27,100/27200 ...
news.smh.com.au

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Metals - Copper flat; pre-holiday Chinese selling balances demand ...


Nickel was trading at 27100 usd against 27200 usd, tin edged up to 16850 usd from 16800 usd, and zinc eased to 2438 usd from 2470 usd a tonne.
forbes.com

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Tuesday, 5 February 2008
 

Digging up details on the miners


... so it still hopes to find enough copper for a "multi-pit" mine. At the bigger end of town, the nickel miner and gold developer Independence Group ...
business.smh.com.au

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Norilsk Nickel Reports Production Results for 2007


In 2008, Norilsk Nickel plans to increase commodity nickel production to 300-305 thousand tons, copper - to 415-420 thousand tons. ...
engl.fis.ru

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Monday, 4 February 2008
 

Nickel up, tin prices down on global cues


However, copper price slipped on selling pressure because of fall in its price at overseas market, they added. At London Metal Exchange, nickel remained ...
economictimes.indiatimes.com

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Sunday, 3 February 2008
 

The Déline Land Corporation Informs Solitaire Minerals Corp. to ...


Pitchblende (uranium plus silver, copper, nickel, lead and polonium) was formerly mined from the Eldorado Nuclear/Uranium Mine at Port Radium commencing in ...
foxbusiness.com

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New Rio Tinto investors eye Alcan assets


Despite producing little copper and nickel of its own, China has, until now, limited itself to small acquisitions in the sector. ...
theglobeandmail.com

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Saturday, 2 February 2008
 

Shanghai copper up but may lose steam; zinc up 3 pct


Norilsk Nickel, the world's No. 1 nickel and palladium producer, said on Thursday it expected nickel output to rise this year and production of copper, ...
africa.reuters.com

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True costs of mining need to be understood


This could have been the case if the Legislature had paid attention to the recommendations of the $4.2 million Copper Nickel Study, released in 1979....
timberjay.com

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Australian Stocks Rise on Metals Prices: World's Biggest Mover


``The market is coming to the realization that Australia's outlook is not as grim as in the US'' Prices for metals such as copper and nickel gained in ...
bloomberg.com

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Norilsk sees '08 nickel output up, other metals down


1 nickel and palladium producer, said on Thursday it expected nickel output to rise this year and production of copper, palladium and platinum to decline. ...
money.ninemsn.com.au

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Copper Falls, Erasing Earlier Gain, on Slowdown; Aluminum Rises


Aluminum rose; nickel fell. Global industrial production in November slowed to 4.6 percent growth compared with a year earlier, the smallest jump since ...
bloomberg.com

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Copper prices get some spark


It ended at $2820 from $2740, nickel at $27400 from $27200 and tin at $16975/17025 from $16700/16725. US crude oil futures pared losses to clamber above $90 ...
news.theage.com.au

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Norilsk Nickel releases 2007 production results


In the fourth quarter of 2007 Norilsk Nickel Harjavalta produced 9 129 metric tonnes of saleable nickel excluding tolling. Overall copper production ...
mineweb.com

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Friday, 1 February 2008
 

Tati Nickel to Surpass BCL On Power Consumption


Botswana Ash uses 14 MW of power while other upcoming mines like African Copper's Mowana Mine already uses 7 MW during construction. ...

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Sumitomo Metal Mining Profit Climbs as Gold, Copper Prices Rise


Sumitomo Metal Mining Co., Japan's biggest gold and nickel producer, said nine-month profit rose 29 percent as gold prices increased. ...
bloomberg.com

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Talisman Mining Ltd (ASX:TLM) - December Quarterly Report - Mr ...


This highly anomalous nickel is variably accompanied by anomalous cobalt, copper, zinc and/or silver. These anomalies are associated with the gabbroic Toby ...
abnnewswire.net

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Uranium Star Corp.: Extensive 2007 Exploration Program Identifies ...


... of uranium with lead, nickel, cobalt, copper, molybdenum and arsenic indicating an unconformity associated polymetallic uranium style of mineralization. ...

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Wednesday, 30 January 2008
 

East West Resource Corporation: The Ox Copper-Nickel-PGE Property ...


East West Resource Corporation (TSX VENTURE: EWR) has been actively exploring the area between Ft. Hope and Lansdowne ...
earthtimes.org

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Golden Goose reports 1.22% nickel over 18.5 metres


From the latest results, Hole 25-07 in the Main area returned and 18.5-metre intersection grading 1.22% nickel, 0.63% copper, 0.07% cobalt, ...
northernminer.com

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Metals - Copper turns higher with buoyant equities UPDATE


In other metals, nickel was up at 27400 usd a tonne against 27000 usd, supported by supply shortages in South Africa -- a result of power cuts -- and by ...
forbes.com

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Manicouagan Reports Significant Rhodium Values of Up to 1.2 Gram ...


We consider the high grade nickel-copper-PGE assays from Mouchalagane to be
very significant and indicative of a strong and efficient mineralizing system. ...
redorbit.com

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Problem of plenty: Early recovery unlikely for nickel


Nickel prices are likely to remain weak for several months as a much-heralded recovery in the stainless steel sector has not yet taken off and ample ...
economictimes.indiatimes.com

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Fox intersects high-grade nickel and copper in F-Zone


The total mineralised intersection analysed returned 6.1m at an estimated average grade of 1.81pc nickel and 5.95pc copper from 106.9m down-hole depth. ...
tradingmarkets.com

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Shanghai copper bounces; snow, US data worry


... +2.38 18950.00 -0.05 LME Nickel 27000.00 0.00 +0.00 26350.00 2.47 LME Tin 16350.00 -150.00 -0.91 16400.00 -0.30 ** 1st contract month for COMEX copper ...
africa.reuters.com

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More nickel,gold found at high-grade Canada strike


The company's shares have risen tenfold since August, when Noront announced high-grade nickel and copper mineralization at the property, located in the ...
uk.reuters.com

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Metals - Copper turns higher as Wall Street rebounds, players ...


In other metals, nickel was up at 27200 usd a tonne against 26900 usd, zinc fell to 2270 usd against 2285 usd, while aluminium dipped to 2501 usd against ...
forbes.com

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Xstrata lifts resource estimate 28% for Chile copper mine


Diversified-miner Xstrata on Wednesday announced increased inferred resources for two of its projects, namely Xstrata Nickel's Raglan... The copper unit of ...
miningweekly.co.za

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Monday, 28 January 2008
 

UPDATE 1-Xstrata ups copper resource estimate at Chile mine


A deal would diversify Vale's mining interests and would create the world's biggest nickel producer, surpassing Russia's Norilsk Nickel (GMKN. ...
reuters.com

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Sunday, 27 January 2008
 

Pioneer Editorial: Moving with caution on Range mines


Or at least copper, nickel, cobalt, platinum, palladium and even small amounts of gold have been discovered under the Iron Range in amounts now that make ...
bemidjipioneer.com

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In photos: 'The Making of an Oscar statuette'


The Oscar, officially named the Academy Award of Merit, is plated with copper, nickel and gold. It stands 13 1/2 inches (34,29 cm) tall and weighs 8 1/2 ...
movies.monstersandcritics.com

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New Iron Range mining industry faces old conflicts


One of the major problems environmentalists fear is acid leaking from mines that produce metals such as copper and nickel, two metals several companies want ...
bemidjipioneer.com

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Foes spar at Capitol on mining projects


Star Tribune The risks associated with permitting an array of copper and nickel mining projects targeted for northern Minnesota got a lengthy ...
startribune.com

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Metals - Copper remains higher midafternoon as fears ease over ...


Nickel was steady at 27250 usd, and zinc was at 2285 usd against 2256 usd. The copying, republication or redistribution of Thomson Financial News Content, ...
As Published by money.cnn.com

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UPDATE 5-Copper steadies, aluminium hits two-week high


Lead was at $2610/2630 a tonne compared with $2615 on Thursday, nickel at $26875/26900 from $27300, zinc at $2280/2285 from $2260 and tin at $16225/16325 ...
As Published by forbes.com

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Saturday, 26 January 2008
 

Copper Climbs, Nickel Advances for First Day This Week on China


Copper gained the most in two weeks in London and nickel rose for the first day this week as China's economic growth supports demand for ...
bloomberg.com

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Credit woes may worsen mine undersupply, scuttle high-risk ...


Lehman notes that lack of available supply has already limited global consumption of particularly copper, nickel and iron-ore. It puts this down to a long ...
miningweekly.co.za

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Chinese buying, gains in equities boost copper


Zinifex, which is looking to expand into nickel with aA$775 million hostile bid for Allegiance Mining, said zinc output was 147288 tonnes in the quarter ...
africa.reuters.com

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Base Metals


Copper gained the most in two weeks in London and nickel climbed for the first day this week as China's economic growth bolsters demand for industrial ...
commodityonline.com

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Base Metals


Copper gained the most in two weeks in London and nickel climbed for the first day this week as China's economic growth bolsters demand for industrial ...
commodityonline.com

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In pictures: Making an Oscar


The Oscars are hand-dipped in four different finishes - copper, nickel, silver and a layer of 24-carat gold on top - emerging from each bath a different ...
news.bbc.co.uk

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Friday, 25 January 2008
 

No quick recovery for nickel prices


Nickel prices are likely to remain weak for several months as a much-heralded recovery in the stainless steel ...
As Published by guardian.co.uk

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Thursday, 24 January 2008
 

Quarterly Activities Report


This metal association typically occurs in mineralised layered complexes and results suggest the presence of gabbro hosted nickel-copper sulphide and PGM ...
newsstore.smh.com.au

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Zinifex Says Second-Quarter Zinc, Lead Output Gains (Update3)


Chief Executive Officer Andrew Michelmore is seeking output of other metals such as nickel and copper to offset declining prices for zinc, used to galvanize ...
bloomberg.com

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Market turmoil stymies Vale's play for Xstrata


... would diversify Vale's interests protecting it from a downturn in any one of the merged entity's three key markets: copper, nickel and iron ore....
As Published by guardian.co.uk

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Wednesday, 23 January 2008
 

Gravity West Resumes Drilling New Drake Hill Copper-Nickel-PGE ...


The Drake Hill nickel-copper-palladium discovery is the result of three of the first six diamond drill holes into this "hidden" greenstone belt. ...
earthtimes.org

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Duluth Metals reports 'robust economics' at Minnesota copper ...


Duluth said Nokomis has the potential to be "one of the world's lowest-cost copper-nickel producers operating on a large scale over a very long period of ...
brandonsun.com

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Copper sags to 3-week low on US recession fear


Among other base metals, nickel was the worst performer. Three-months nickel, a key ingredient of stainless steel making, was down $1050 at $26650. ...
africa.reuters.com

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Aura Minerals Inc. Releases Further Copper-Gold-Nickel-Iron Assay ...


Aura Minerals Inc. ("Aura Minerals" or the "Company") (TSX:ORA) is very pleased to report ...
marketwire.com

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