Import prices for containerized heavy melting scrap (HMS) in Taiwan remained stable as end-users resisted higher offers from sellers amid tepid demand.Metal Bulletin's assessment of import prices for United States-origin HMS 1&2 (80:20) sold into Taiwan was $330-335 per tonne cfr for the week ended Friday June 29, unchanged from a week earlier.US-origin scrap was offered at $340-343 per tonne cfr...Read More
Three of the most senior base metals managers of Castleton Commodities International (CCI) will leave by the end of year, even though the trading book created three years ago has made money, Metal Bulletin understands.Peter Sellars, global head of metals trading, and Sam Hainsword, head of physical metals trading, will retire by the end of the year, several sources told Metal Bulletin this we...Read More
Copper concentrate treatment and refining charges (TC/RCs) rose sharply in late June, with production disruptions at several Asian smelters give Chinese plants greater buying power.The Metal Bulletin TC/RC index firmed to $79.8 per tonne/7.98 cents per lb from $77/7.7 cents. Terms have risen over 11% in a month from $71.60/7.16 cents at the end of May. "Every time you turn around it's $2.50/0.25 c...Read More
Australia's Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.The company's managing director, Stephen Wetherall, said the recovery of such a large diamond so early in the bulk sampling program provided further proof that, just like the neighbouring Let??eng mine, Mothae is another source of large diamon...Read More
Saudi Arabia is starting to panic, and is growing concerned that the growing number of supply disruptions around the world could cause oil prices to spike. Saudi Arabia is moving quickly to head off a supply crunch, aiming to dramatically ramp up production to a record high 11 million barrels per day in July, according to Reuters.The increase, if it can be pulled off, would be an incredibly rapid...Read More
Investors, public and private, are starting to warm to emerging mining technology playsRead full newsRead More
Steel and battery mineral on the riseRead full newsRead More
BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China's lithium battery maker Contemporary Amperex Technology Ltd (CATL) , the German carmaker said on Thursday.Read full newsRead More
Panasonic, Tesla's sole battery cell partner for its electric vehicles, was never seen as a bottleneck in the ramp up of Model 3 production, but the Japanese electronics giant has now admitte...Read full newsRead More
The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More
The management team of a Toronto and Vancouver based mining company, First Mining Gold Corp. believes the Hope Brook mine, located 20 kilometers west of Burgeo, could be the source of a gold boon for... | juin 23,2018Read full newsRead More
The contracts with Northern Star Resources and Bluestone Mines Tasmania JV reflect increasing demand for drill rigs.Read full newsRead More
Statements by executives at South African miner Sibanye Gold Ltd.'s committing the company to worker safety were a fraud that caused stock market losses, according to a shareholder lawsuit.Read full newsRead More
John Paulson's hedge fund threatened to replace the Detour Gold board of directors on the same day management released a new plan for its flagship mineRead full newsRead More
VANCOUVER, June 28, 2018 /CNW/ - Kootenay Silver Inc. (TSXV: KTN) (the 'Company' or 'Kootenay') is pleased to announce that its wholly owned Mexican subsidi...Read full newsRead More
Cannabis' non-intoxicating relative hemp has finally been given a pass by the U.S. Senate, just in time for the 4th of July.On Thursday, the omnibus agriculture and food policy legislation called the 2018 Farm Bill passed with an 86-11 vote to legalize the cultivation, processing and sale of ...Read full newsRead More
The cryptocurrency market has lost over US$9 billion over the past 24 hours, as the valuation of the market dropped to US$233 billion.Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), B Cash (BCH), and others dropped by more than 5%. At press time, bitcoin t...Read full newsRead More
Amazon came onto the pharma scene swingin' for the fences with the $1B purchase of PillPack.Read full newsRead More
The total number of fatalities at South African mines has climbed to 47 so far this year, and 21 have occurred at Sibanye-Stillwater's operations.Read full newsRead More
Centenera Mining Corporation (TSXV:CT; OTC:CTMIF) announces a non-brokered private placement (theRead full newsRead More