November 2017

LIVE FUTURES REPORT 17/11: LME base metals close the week higher; nickel rebounds $200

Base metals prices on the London Metal Exchange all closed the week in positive territory on Friday November 17 with nickel staging a recovery.

Central Asia Metals sees alternative financing as future of mining investment after Lynx takeover

Central Asia Metals chief Nick Clarke says private equity and metal merchants are the new vehicles with which to finance growing mid-cap miners, after the company’s $402.5 million acquisition of Lynx Resources completed this month.

LIVE FUTURES REPORT 17/11: Comex copper price nudges higher in Friday session

Comex copper prices recovered in the US morning on Friday November 17 following a bout of profit-taking, while the market is still expected to experience selling pressure moving forward.

NORTH AMERICAN MORNING BRIEF 17/11: Currency volatility in EU aluminium alloy market; American Copper Council; Noble reorganizes special ores, rare earths business

Key news and price moves to get you off to a good start during the North American morning on Friday November 17.

LIVE FUTURES REPORT 17/11: LME base metals rebound; nickel, copper leading higher

Base metals prices on the London Metal Exchange were higher across the board this morning, Friday November 17, while prices begin to recover from yesterday’s slump.

Noble Group reorganizes ores, metals business; starts liquidity talks with stakeholders

Noble Group is reorganizing its special ores and metals and rare earth businesses into two subsidiaries while it starts talks with various shareholders on its capital structure and liquidity position.

SHFE vs LME physical arbitrage 17/11: Copper, aluminium, zinc, nickel

Arbitrage for copper, aluminium, zinc and nickel imported into China on Friday November 17*

AMERICAN COPPER COUNCIL 2017: US freight, transportation in 'perfect storm', Ryder System says

The freight and transportation sectors in the United States are in the middle of a “perfect storm” that is creating persistent problems for road haulage, a senior representative of transportation and supply chain management firm Ryder System said.

LIVE FUTURES REPORT 17/11: SHFE copper stocks up for third consecutive week; Al continues to rise

Deliverable copper stocks at Shanghai Futures Exchange-approved warehouses have risen for a third consecutive week, increasing by 11.9% or 17,329 tonnes over the past week to 162,800 tonnes as of Friday November 17.

EUROPEAN MORNING BRIEF 17/11: SHFE base metals mostly weaker; copper market bullish for 2018; alumina prices under pressure

Good morning from Metal Bulletin’s offices in Shanghai, bringing the latest news and pricing stories on Friday November 17.