April 2020

Strongbow reports high-grade copper assays at United Downs project

Canadian minerals company Strongbow Exploration has announced the final assays at the United Downs project in Redruth, Cornwall, after a high-grade copper-tin mineralization was discovered in a previously unmined area of the county in south-west England earlier this month.

LIVE FUTURES REPORT 16/04: LME zinc price up 0.8% amid outflows; copper holds above $5,100/t despite fresh rewarranting

The three-month zinc price on the London Metal Exchange was up during morning trading on Thursday April 16, with price action supported by a fresh outflow of some 600 tonnes, while steady buying over the morning saw copper hold on to recent gains.

MORNING VIEW: Metals prices, wider markets temporarily balanced

Metals prices are in limbo this morning, Thursday April 16, while participants weigh up the stark truth that the global economy is experiencing a slump in demand with the potential for a rebound given all the monetary and fiscal stimulus being thrown at economies around the world.


A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday April 15.

LIVE FUTURES REPORT 15/04: LME tin price dips 2% in afternoon; Al holds above $1,500

The three-month tin price on the London Metal Exchange was the worst performer across afternoon trading on Wednesday April 15, dipping by just less than 2% and wiping out gains made earlier in the day, while aluminium futures held above nearby support despite continued inflows.

LIVE FUTURES 15/04: LME aluminium holds above $1,500/t despite 20,000t inflow

The London Metal Exchange three-month aluminium price was the only metal to trade up from the previous day’s close during the morning session on Wednesday April 15, with a 20,000-tonne fresh inflow of material failing to cap gains in its futures price.

MORNING VIEW: Metals, wider markets mixed as economic damage starts to be quantified

Metals and wider markets are mixed this morning, Wednesday April 15, while traders brace for more economic and corporate data that will start to show the economic hit that the global economy has suffered.

LIVE FUTURES REPORT 14/04: LME base metals prices close higher on positive China data

London Metal Exchange three-month base metals prices, with the exception of lead, continued their upward momentum at the close on Tuesday April 14, buoyed by positive China customs data and ebbing virus concerns in other regions, including the United States.

LIVE FUTURES REPORT 14/04: Easing virus concerns prompt LME futures buying; copper price climbs 2.8%

Base metals prices on the London Metal Exchange were predominantly higher during morning trading on Tuesday April 14, supported by news of plans to reopen the US economy and the release of fresh Chinese customs data for March.

MORNING VIEW: Metals prices buoyant on fresh optimism

Markets are looking brighter this morning Tuesday April 14, on a combination of more mining production cuts, a deal on an oil supply cut, better Chinese trade data that showed imports were only down by 0.9% year on year in March and some reopening of businesses in Europe.