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Teck delays start of Red Dog shipping season; customers affected

July 08, 2020 / www.metalbulletin.com

Teck Resources has delayed the start of the Red Dog shipping season after equipment failure on one of its two barges forced the vessel out of service for about a month. The Vancouver, Canada-based company said that shipping from Red Dog will begin in around seven days with one barge operational and that repairs to the other barge will be completed in around four weeks."This will affect the timing...Read More

Colombia names Duran to head mining agency

July 07, 2020 / www.mining-journal.com

Duran was previously the president of the Colfecar Colombian Federation of cargo transporters and logistics and has previous experience in public administration including within the Bogota GovernmentRead More

LEAF Games May 2020 Revenue Continues to Build on Record April Results

July 07, 2020 / kincommunications.com

Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF), a leading creator and publisher of counter culture mobile games, had continued revenue growth in May 2020, building on April's record results. The results are post-completion of its previously announced qualifying transaction where, on April 17, 2020, Leaf Mobile completed the acquisition of LDRLY (Technologies) Inc., assets, including titles such...Read More

FinCanna Closes $2.5 Million Convertible Debenture Financing

July 07, 2020 / kincommunications.com

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed medical cannabis industry announces the closing of its Convertible Debenture Financing for $2.5 million.The subscription price is $1,000 per Unit. The Debentures will mature on February 8, 2023 and will bear interest at 12% per annum, payable in cash or, at the o...Read More

Imdex buys spectral mineralogy tech company

July 07, 2020 / www.mining-journal.com

House, previously Imdex's chief operating officer, said AusSpec's unique aiSIRIS (Artificial Intelligence Spectral InfraRed Interpretation System) platform delivered a key piece of the 'rockRead More

Brazilian alumina export growth slows to 4.6% y-o-y in June

July 08, 2020 / www.metalbulletin.com

Alumina exports from Brazil increased in June on an annual basis but at a reduced rate than in the previous months of this year, data from the country's economy ministry on Monday July 6 showed. Brazilian alumina exports totaled 679,914 tonnes in June, a 4.6% year-on-year increase from 650,229 tonnes. When compared with May figures, however, exports fell by 12.8% from 779,694 tonnes. The lower exp...Read More

IN CASE YOU MISSED IT: 5 key stories from July 7

July 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 7 that are worth another look.Protests on July 7 halted road freight transportation in South Africa.Steel plate prices in the United States weakened after the segment was hit by persistently slow end markets, and some mills were willing to capitulate in deal-making to book tonnage in the final days of the second quarter.China...Read More

Gold Getting Closer to a Breakout

July 07, 2020 / news.goldseek.com

By: Gary SavageGold's novice traders have given up and lost patience. Lots of traders in the choppy markets, get stopped-out during a consolidation and shaken out, over and over. Investors need to be more patient. Gamblers who trade everyday, well these people consistently lose money:https://blog.smartmoneytrackerpremium.com/Read More

Precious Metals Update Video: Buffett back into energy, Gold sitting at a nice number

July 07, 2020 / news.goldseek.com

By: Ira EpsteinGold's pattern, higher-high and a higher-low. $1766.30 is support. Gold above the 18-dma average, which keeps its bias positive:Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

July 08, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets...Read More

IN CASE YOU MISSED IT: 5 key stories from July 7

July 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 7 that are worth another look.Protests on July 7 halted road freight transportation in South Africa.Steel plate prices in the United States weakened after the segment was hit by persistently slow end markets, and some mills were willing to capitulate in deal-making to book tonnage in the final days of the second quarter.China...Read More

DAILY STEEL SCRAP: Prices steady on low demand but more bookings likely

July 08, 2020 / www.metalbulletin.com

Turkish steel producers continued to hold back from the deep-sea scrap markets on the second working day of the week because of the soft markets for finished long steel products, sources said on Tuesday July 7.Steel mills in Turkey booked five deep-sea cargoes in the second half of last week, totalling around 140,000 tonnes.But they were still expected to book more cargoes for August shipments, ac...Read More

IN CASE YOU MISSED IT: 5 key stories from July 7

July 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 7 that are worth another look.Protests on July 7 halted road freight transportation in South Africa.Steel plate prices in the United States weakened after the segment was hit by persistently slow end markets, and some mills were willing to capitulate in deal-making to book tonnage in the final days of the second quarter.China...Read More

PRICING NOTICE: Proposal to discontinue 5 precious metals price assessments

July 08, 2020 / www.metalbulletin.com

Fastmarkets proposes to discontinue five precious metals price assessments due to the limited liquidity of the markets in question and to focus on its core markets.The prices to be discontinued are as follows:Platinum min 99.9% Europe Free Market $ per troy oz in warehousePalladium min 99.9% Europe Free Market $ per troy oz in warehouseRhodium min 99.9% Europe Free Market $ per troy...Read More

NEWSBREAK: Demonstrations halt road transportation in South Africa

July 08, 2020 / www.metalbulletin.com

Protests on Tuesday July 7 have halted road freight transportation in South Africa. Miners' trucks have been toppled and drivers threatened while demonstrators have sought to enforce their shutdown of the nation's road freight system. The target of the demonstrations is all road freight and is not focussed on the...Read More

Detour gold mine addition boosts Kirkland Lake second-quarter production

July 07, 2020 / www.canadianinvestor.com

Share this articleTORONTO - Shares in Kirkland Lake Gold Ltd. jumped by 5.2 per cent to $59.71 on Tuesday after it reported higher-than-expected gold production in the second quarter ended June 30.The Canadian company's output of 329,800 ounces was 54 per cent higher than the same period in 2019, thanks mainly to its purchase of Detour Gold Corp. for $4.34 billion in stock early this year.The D...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

July 08, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

July 08, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to...Read More

The Central Bank Shell Game

July 07, 2020 / www.energyandcapital.com

Gold is going to be the best investment over the next five years.My friend and co-author of Christian DeHaemer's Bull and Bust Report, the esteemed Luke Burgess, put out an epic treatise on gold on Friday in Energy and Capital. You may have missed it with the BBQ preparations and whatnot.But it's important enough that I call your attention to it.He wrote: Gold is set to experience one of the grea...Read More

IN CASE YOU MISSED IT: 5 key stories from July 7

July 08, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday July 7 that are worth another look.Protests on July 7 halted road freight transportation in South Africa.Steel plate prices in the United States weakened after the segment was hit by persistently slow end markets, and some mills were willing to capitulate in deal-making to book tonnage in the final days of the second quarter.China...Read More

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