April 2012

Aluminum premiums in US LME warehouses rise on contango, bottleneck

Warrant premiums for aluminum in London Metal Exchange-registered U.S. warehouses have been rising, and traders tell AMM they see little on the horizon to keep them from continuing to climb.

CLOSE TO CLOSE: Base metals prices gain ground in LME kerb trading

London Metal Exchange copper prices staged a slight recovery in kerb trading on Monday April 30, after sliding in the official session on weak economic signals.

LME BILLET REPORT: Billet prices push higher

The official three-month London Metal Exchange steel billet price on Monday April 30 pushed up to $490-510 per tonne.

Rio stocks given outperform recommendation on copper growth - RBC

Analysts at RBC Capital Markets have given Rio Tinto stocks an outperform recommendation on the company’s strong copper growth profile.

Australia's Kagara Mining appoints administrators

Australian miner Kagara Mining has appointed administrators from Taylor Woodings to identify all options for the company, the miner said on Monday April 30.

Base metals prices mixed in LME officials as euro slides

Base metals prices staged a mixed performance in Monday’s official trading on the London Metal Exchange, as copper, aluminium and nickel tracked the euro and European equity markets lower.

COMMENT: Asian day, Asian Week: it’s Asia's time

Will the 20% of outright three-month business that has recently been done on the London Metal Exchange during the Asian day soon look relatively minuscule?

Base metals prices up, more short covering to come in LME pre-market

Base metals prices remained in their upward trajectory during pre-market trading on the London Metal Exchange on Monday April 30, as the market continues to follow rising copper prices.

MB APEX Q1 2012: Silver

Ian Roper, of CLSA, topped the Metal Bulletin Apex leaderboard for his silver price predictions for the first quarter of 2012.

MB APEX Q1 2012: Palladium

Heath Jansen and David Wilson, of Citigroup, took the top spot for their palladium price predictions for the first quarter on the Metal Bulletin Apex leaderboard.