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COKING COAL DAILY: Supply shortage supporting seaborne prices

July 03, 2018 / www.metalbulletin.com

Tight supplies of seaborne tier-two coking coal cargoes continued to support higher prices, market sources told Metal Bulletin on Tuesday July 3. A 50,000-tonne cargo of hard coking coal was sold at $199.75 per tonne cfr China this week, market sources said, adding that the cargo may have been part of a term shipment. "This is part of a term contract and the [transaction level] is not a surprise b...Read More

China AM: Futures drop amid physical weakness

July 03, 2018 / www.metalbulletin.com

China's ferrous futures retreated across the board during morning trading on Tuesday July 3, especially the steel contracts, amid weakness in the physical markets.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,723 yuan ($562) per tonne, down 46 yuan per tonne October hot-rolled coil: 3,835 yuan per tonne, down 37 yuan per tonne Dalian Commodity Exchange Septemb...Read More

Part II: Why The Bull Market Isn't Over

July 03, 2018 / dailyreckoning.com

Yesterday, I shared with you part one in my three-part series, "Why the Bull Market Isn't Over."In it I explained how the record unemployment numbers we've been seeing recently and how this sets off a chain reaction through the economy.Today, I want to talk about the second theme underlying this bull market, which is why I believe the bull market still has legs…The second big theme shaping t...Read More

CHINA REBAR: Domestic prices down on weak demand

July 03, 2018 / www.metalbulletin.com

China's domestic rebar prices kept dropping on Tuesday July 3 amid weak demand. Domestic Eastern China (Shanghai): 3,950-3,990 yuan ($593-599) per tonne, down 30 yuan per tonne Northern China (Beijing): 3,860-3,900 yuan per tonne, widened downward by 10 yuan per tonne Bad weather led construction sites to shorten their working hours, which sapped demand for rebar, a trader in east China said. The...Read More

Prize Mining Announces Syndication of $4 Million Brokered Private Placement

July 03, 2018 / prizemining.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESJuly 3, 2018, Calgary, AB - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that in connection with the previously announced private placement, the lead agent, Integral Wealth Securities Limited (the "Agent"), has formed a syndica...Read More

METALS MORNING VIEW 03/07: Some base metals prices attempting a rebound, but continue to look fragile

July 03, 2018 / www.metalbulletin.com

Three-month base metals prices on the London Metal Exchange were split into two camps on the morning of Tuesday July 3, with aluminium and tin prices both off by 0.3%, while the rest of the complex was up by between 0.1% and 0.6%. Zinc led the rebound, while copper was the laggard at $6,578 per tonne.Volume has been above average with 8,372 lots traded as at 7:13am London time.Precious metals were...Read More

John Tumazos Webcast Conference, Toronto June 21, 2018

July 03, 2018 / www.amarillogold.com

Amarillo Gold , MicroCap Conference Toronto June 21, 2018 1:30 p.m. (ET)Read More

Fleckenstein discusses Permian Basin with Denver Business Journal

July 03, 2018 / www.minesnewsroom.com

Will Fleckenstein, director of strategic relationship and enterprises for the College of Earth Resource Sciences and Engineering, was recently interviewed by the Denver Business Journal about the Permian Basin in West Texas. Denver-based FourPoint Energy is partnering with Texas' Double Eagle Energy to drill a swath of the booming oil and gas basin.From the article:Many of those [geological] layer...Read More

GE Girls at Mines Camp featured by CBS4 Denver, Golden Transcript

July 02, 2018 / www.minesnewsroom.com

Colorado School of Mines, in partnership with GE, welcomed 40 local middle-school girls to campus last week for a free, weeklong summer camp about science, technology, engineering and math (STEM) and CBS4 Denver was here to cover the story. Launched in 2011, GE Girls Camp is designed to spark girls' interest and enthusiasm in the STEM fields through fun, hands-on activities led by female role mo...Read More

Spanish cattle farmers are worrying about nearby uranium mines

July 03, 2018 / www.mining.com

(Bloomberg) - Berkeley Energia, the Australian company developing the project on land near Salamanca, says it's reviving Spain's grand mining tradition as it begins uranium production at a time when the global energy industry faces higher prices over the long term for the radioactive metal used to power nuclear plants. While Berkeley expects its Spanish uranium mine to be in production by the en...Read More

LME to get tougher on cobalt companies with ties to the DRC

July 03, 2018 / www.mining.com

The London Metal Exchange (LME), the world's biggest market for industrial metals, is stepping up efforts to make sure cobalt traded on the exchange is not mined using child labour, particularly in the Democratic Republic of Congo.Starting next year, the LME will demand all companies that get at least 25% of their metal from small-scale mines in the DRC to be subject of a professional audit, Finan...Read More

RT @TheLithiumSpot: Coming soon to California. #Lithium

July 03, 2018 / www.wsj.com

A California utility is seeking permission to have a company build the world's largest battery, joining a growing list of power companies investing in storing electricity.Read full newsRead More

MOD Resources has upped the T3 resource from 50Mt @ 0.92% #copper to 60Mt at 0.98% ($) |

July 03, 2018 / bit.ly

Possible expanded expansion flaggedRead full newsRead More

3 Beaten-Up Gold Stocks: Are They Bargains?

July 03, 2018 / dlvr.it

These gold stocks are getting darn cheap, but only one is worth a look.Read full newsRead More

3 Beaten-Up Gold Stocks: Are They Bargains?

July 03, 2018 / dlvr.it

These gold stocks are getting darn cheap, but only one is worth a look.Read full newsRead More

Resolute Mining's updated study cuts underground gold mine costs by US$135 per ounce

July 03, 2018 / dlvr.it

The DFS update has also delivered longer life at the Mali project and increased underground reserves by 38%.Read full newsRead More

Resolute Mining's Syama Gold Mine DFS Update shows substantially reduced costs

July 03, 2018 / dlvr.it

Resolute Mining Ltd (ASX:RSG) managing director and chief executive John Welborn talks Proactive Investors through the multinational gold producer's...Read full newsRead More

Salmon fishing more important than Pebble Mine

July 03, 2018 / dlvr.it

Community PerspectiveRead full newsRead More

New Public-Private Plan Could Aid Polluted Black Hills Gold Mine

July 03, 2018 / dlvr.it

A Canadian gold mining company has agreed to help clean up South Dakota's most contaminated industrial site.Read full newsRead More

3 Beaten-Up Gold Stocks: Are They Bargains?

July 03, 2018 / dlvr.it

These gold stocks are getting darn cheap, but only one is worth a look.Read full newsRead More

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