China's ferrous futures surged in the early hours of morning trading on Monday February 26 on news of more steel production cuts in Tangshan, though the contracts - especially those for iron ore and coking coal - corrected before the end of the session.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 4,013 yuan ($633) per tonne, up 1 yuan per tonne May hot-rolled coil:...Read More
China's imports of iron ore rebounded to the second highest ever in January while those for coking coal fell to a seven-month low. Exports of scrap surged on the year, while those for coke, which include semi coke, contracted.[Editor's note: This table has been amended...Read More
China's imports of iron ore rebounded to the second highest ever in January while those for coking coal fell to a seven-month low. Exports of scrap surged on the year, while those for coke, which include semi coke, contracted.[Editor's note: This table has been amended...Read More
China's imports of iron ore rebounded to the second highest ever in January while those for coking coal fell to a seven-month low. Exports of scrap surged on the year, while those for coke, which include semi coke, contracted.[Editor's note: This table has been amended...Read More
China's imports of iron ore rebounded to the second highest ever in January while those for coking coal fell to a seven-month low. Exports of scrap surged on the year, while those for coke, which include semi coke, contracted.[Editor's note: This table has been amended...Read More
The space race is on and the payoff is an untold cache of precious metals, large enough to completely dwarf the world’s biggest mining companiesBy Ian MadsenSenior Research FellowFrontier Centre for Public PolicyWhile not literally pie in the sky, asteroid mining used to be science fiction. It’s getting closer to reality.Various private space companies have focused on launching satelli...Read More
Vancouver, British Columbia, Canada – Monday, February 26, 2018 – Canada Zinc Metals Corp. (“Canada Zinc Metals” or “the Company”, TSX Venture Exchange: CZX) is pleased to announce the Company has been selected to participate in the Corporate Presentation Forum for Investors at the upcoming PDAC 2018 Mining and Investment Conference, to be held at the Metro Toro...Read More
For best results when printing this announcement, please click on link below: Vancouver, Feb. 25, 2018 (GLOBE NEWSWIRE) --Lucara Diamond Corp. ("Lucara" or the "Company") wishes to announcethat effective today, William Lamb will be retiring as Lucara's ChiefExecutive Officer and stepping down from the Board of Directors. Eira Thomas,a founder and director of the Company will be assuming the...Read More
* Newcrest raises exposure in Ecuador* Miner to buy 27.1 pct stake in Lundin for $250 million* Deal includes JV to tap Ecuador explorers (Adds analyst comment, detail)MELBOURNE, Feb 26 (Reuters) - Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake in Canadian miner Lundin Gold Inc as the gold major ramps up its exposure to Ecuador to secure growth. The sta...Read More
For best results when printing this announcement, please click on link below: Vancouver, Feb. 25, 2018 (GLOBE NEWSWIRE) --Lucara Diamond Corp. ("Lucara" or the "Company") wishes to announcethe acquisition of Clara Diamond Solutions Corp. ("Clara"), a companywhose primary asset is a secure, digital sales platform that will transformhow rough diamonds are sold, unlocking value for diamond producers...Read More
Feb 26 (Reuters) - Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake Canadian miner Lundin Gold Inc . Newcrest said the total $400 million to be raised by Lundin Gold would be used to develop Lundin's Fruta del Norte gold mine in Ecuador.Newcrest also said it signed a joint venture with Lundin to earn up to 50 percent direct interest in eight Ecuadoran ex...Read More
Fed to Stay the Course, At Least Until Next WeekToday the Federal Reserve released its "Monetary Policy Report" to members of the Senate and House of Representatives. The summary indicated that the economy as well as the labor market continues to grow, and inflation remains below their long-term objective of 2%.According to today's report, "Economic activity increased at a solid pace over the seco...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy. (Kitc...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy. (Ki...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy. Since...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Based...Read More
(Kitco News) - Gold and silver prices are trading near steady levels in a generally quieter marketplace early Friday morning. Potential buyers of the safe-haven metals are timid at present amid the recent lack of risk aversion among traders and investors. April Comex gold futures were last down $0.60 an ounce at $1,332.10. March Comex silver was last down $0.017 at $16.57 an ounce.World stock mark...Read More
Tahoe Resources Inc. (TSX: THO; NYSE: TAHO), which has been dealing with a shutdown of the giant Escobal silver mine in Guatemala over a mining-license issue, posted a loss in the fourth quarter of $18 million, or 6 cents per share. This compares to 0.3 million, or nil, in the same period a year ago. The adjusted loss was $17.7 million, a turnaround from an $18.4 million profit a year ago. F...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
SHANGHAI, Feb 23 (SMM) – Global nickel deficit in 2017 stood at 103,400 mt, compared with a deficit of 42,200 mt in 2016, according to a report by International Nickel Study Group (INSG) on Thursday February 22. In December 2017, the deficit was 12,400 mt. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, p...Read More