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Atico moving La Plata to feasibility

January 19, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resources"We will do more than 7,000m of mostly infill drilling at La Plata and start the permitting process this year. It will take about 18 months and cost about US$10 million," he said.Read More

TURKEY FERROUS SCRAP: Local prices down on falling import values

January 21, 2020 / www.metalbulletin.com

Turkish domestic scrap prices have gone down over the past week amid falling imported scrap values, sources said on Monday January 20.Following the news of a US deep-sea scrap cargo sold at $295 per tonne cfr for HMS 1&2 (95:5), the daily scrap indices fell by $15.15 per tonne on Thursday January 16.Turkish steel mills and a major scrap yard in the Izmir region have reduced their buy prices for...Read More

METALS-Zinc hits two-month high as technicals trigger buying

January 20, 2020 / www.kitco.com

* Zinc breaks 200-day moving average * Historically low zinc inventories offer price support (Updates with closing prices) By Pratima Desai LONDON, Jan 20 (Reuters) - Zinc prices rose to two-monthhighs on Monday after a break of key technical levels triggereda flurry of buying and as the market worried about historicallylow inventories. Benchmark zinc on the London Metal Exchange (LME)ended 0.6% u...Read More

Markets firmer but quiet ahead of Lunar New Year break

January 20, 2020 / www.metalbulletinresearch.com

Broader markets were generally firmer but quiet on Monday January 20, with equities in Asia mainly stronger, as were the base metals, while gold was holding up in high ground.Equities in Asia are consolidating recent gains, but multi-year highs in many regional equity indices suggests sentiment is bullish overall. Markets quiet ahead of the Lunar New Year holidays, which start on Friday in China....Read More

High-grade iron ore derivative reaches second highest monthly traded volumes

January 21, 2020 / www.metalbulletin.com

The total traded volume for the high-grade 65% Fe iron ore futures on the Singapore Exchange (SGX) rose in January 2020, with 25,750 lots - or 2.575 million tonnes - being cleared as of January 20 at 2:30pm Singapore time. The latest total traded volume is the second highest recorded since its launch in December 2018, and represents a 13.9% increase from 2.26 million tonnes in September 2019, whic...Read More

COKING COAL DAILY: Seaborne prices steady ahead of Chinese New Year break

January 21, 2020 / www.metalbulletin.com

Seaborne coking coal prices were largely stable on Monday January 20, with Chinese participants gradually withdrawing from the market ahead of a week-long break for the Chinese New Year that starts on Friday.Fastmarkets indicesPremium hard coking coal, fob DBCT: $152.23 per tonne, down $0.84 per tonnePremium hard coking coal, cfr Jingtang: $160.13 per tonne, up $0.23 per tonneHard coking coal, fob...Read More

Son of Burkina Faso gold miner owner released after year-long captivity

January 20, 2020 / www.kitco.com

NAIROBI, Jan 20 (Reuters) - The son of an Indian gold mineowner in Burkina Faso, who was kidnapped by unidentifiedassailants in 2018, has been released, his father said onMonday. Kimar Akoliya, whose father Akoliya Patel owns theGhana-based Balaji mining group, had set off for Burkina Faso'scapital, Ouagadougou, from the remote Inata mine with twocolleagues when they disappeared in September 2018....Read More

CHINA REBAR: Infrastructure bonds improve outlook for market

January 21, 2020 / www.metalbulletin.com

China's domestic rebar prices were unchanged on Monday January 20 amid a pre-holiday lull, though some optimism has emerged over demand for the long steel product after the Chinese New Year. Eastern China (Shanghai): 3,640-3,670 yuan ($531-535) per tonne, unchangedNorthern China (Beijing): 3,540-3,560 yuan per tonne, unchangedLocal governments in China have issued 655.7 billion yuan worth of speci...Read More

Tech Talk for Monday January 20th 2020

January 20, 2020 / www.timingthemarket.ca

World equity markets were mixed in quiet overnight trading. U.S. equity markets are closed for the Martin Luther King holiday. European equity indices moved slightly lower. Far East equity indices moved higher, led by a 20.29 point gain by the Shanghai Composite Index to 3,095.79.The TSX Composite Index is expected to open slightly higher in quiet trade. Focus at the opening is on the energy secto...Read More

GLOBAL SILICON SNAPSHOT: Silicon 4-4-1 prices up on yuan strength, higher producer offers

January 21, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the rest of the world for the week ended January 17.ChinaKey drivers Export price for silicon increased by 1.3% week on week amid higher offer prices in the market.Overseas inquiries picked up. Exporters, on average, raised their prices by $20-30 per tonne given the appreciation of the yuan and tight spot supply. There were no deals...Read More

Kunming Rongke wins auction for 3,609 tonnes of Fanya indium stocks

January 21, 2020 / www.metalbulletin.com

Kunming Rongke New Materials Co won 3,609.5 tonnes of indium formerly held by China's defunct Fanya Metal Exchange in an auction that ended at 10am Beijing time on Saturday January 18. As the only bidder at the auction, Kunming Rongke secured the stockpile with a bid of around 2.85 billion yuan ($415.4 million), which works out at a price of 790 yuan per kg, according to the official auction resul...Read More

Samancor explores restructuring, job cuts amid 'drastic' chrome price decline

January 21, 2020 / www.metalbulletin.com

Samancor Chrome has provisionally decided to restructure its mining and smelting operations in a move that will reduce staff and production levels due to the deteriorating chrome markets and rising power costs, Fastmarkets has learned. South Africa's largest ferro-chrome producer wrote to employees and unions on Friday January 17, in letters seen by Fastmarkets, warning that it had made the provis...Read More

VRIC plans blockbuster show as gold bounces back

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

Cardinal heading down familiar gold roadSPONSOREDcardinal resources"For the first time in six years gold is the great narrative. In recent years it has been a contrarian message, but it is now mainstream," president and CEO Jay Martin told Mining Journal.Read More

TMAC launches strategic review of Hope Bay in Nunavut

January 20, 2020 / www.northernminer.com

Production in the fourth quarter at TMAC Resources' (TSX: TMR) struggling Hope Bay mine in Nunavut were at the low end of expectations, and the company has begun a strategic review process.The deferral of mining in the BTD East Limb due to rehabilitation work, which impacted available grade, was the biggest factor in the company's weak quarterly production results of 24,650 oz. gold, TMAC said.Dis...Read More

Anglo American bets on fertilizers with US$527M purchase of Sirius Minerals

January 20, 2020 / www.northernminer.com

Anglo American (LON: AAL) is expanding into fertilizers after agreeing to acquire Sirius Minerals (LON: SXX), the British junior struggling to build a huge fertilizer mine beneath a national park, for ?405 million (US$527 million).As part of the deal, Sirius shareholders will receive 5.5 pence per share in cash, a 34.1% premium to the closing price on Jan. 7, which was the day before Anglo confir...Read More

EV sales to hit 37 million by 2024, ARK says

January 20, 2020 / www.northernminer.com

New York-based ARK Investment Management forecasts sales of electric vehicles will reach 37 million units in 2024.ARK, which focuses on disruptive technologies, said EV sales in 2019 hit about 2 million units, up from 1.45 million units in 2018."EV sales are expected to grow significantly during the next five years," ARK says in a research report, despite "an estimated 3.1 million drop in total au...Read More

A perfect storm (of good news) in 2020

January 20, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaThe China-US trade-war truce unveiled last week was a well-flagged event and, while the devil will be in the detail, it was an unquestionably...Read More

#Lithium industry in a waiting game report

January 20, 2020 / bit.ly

As prices go down, miners are expecting that strategies to reduce oversupply eventually work.Read full newsRead More

Simply Bare(tm), Rubicon Organics' (@RubiconOrganics) (#CSE: $ROMJ \ #OTCQX: $ROMJF) Certified Organic Brand, Recei...

January 20, 2020 / twitter.com

"Simply Bare(tm), Rubicon Organics' (@RubiconOrganics) (#CSE: $ROMJ \ #OTCQX: $ROMJF) Certified Organic Brand, Receives First Purchase Orders from British Columbia and Saskatchewan [https://t.co/QEeELZseBd]#investing #stocks #stockmarket #trading #investors #capitalmarkets"Read full newsRead More

NRF 2020 - customers are generating a gold mine of operational data, and Oracle wants to do something about it...

January 20, 2020 / twitter.com

"NRF 2020 - customers are generating a gold mine of operational data, and Oracle wants to do something about it https://t.co/5GUOCk9VAh"Read full newsRead More

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