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PRICING NOTICE: Proposal to launch Northern EU domestic stainless grade 304 cold-rolled sheet transaction price

July 05, 2018 / www.metalbulletin.com

Metal Bulletin proposes to launch a weekly domestic transaction price assessment for 2mm grade 304 cold rolled stainless sheet delivered in Northern Europe. Metal Bulletin understands from preliminary market engagement that the assessment of an overall transaction price would be a complementary addition to Metal Bulletin's existing pricing coverage of the European stainless market. Subject to mark...Read More

East Asian stainless steel prices down on soft demand, thin trading

July 05, 2018 / www.metalbulletin.com

East Asia's stainless steel prices weakened over the past week amid persistently low demand and nickel losses.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,200-2,300 per tonne cif East Asian ports for the week ended Wednesday July 4, widening downward by $40 per tonne from the previous week.Metal Bulletin's assessment of prices for benchmark...Read More

Abbud-Madrid interviewed by U.S News & World Report about lunar resources

July 05, 2018 / www.minesnewsroom.com

Angel Abbud-Madrid, director of the Center for Space Resources at Colorado School of Mines, was recently interviewed by U.S. News & World Report about growing interest from space agencies around the world in potential resources on the Moon.From the article:"It's very exciting to see countries like India, China, Japan, Russia, even the South Koreans, and of course the U.S. are going to be sendi...Read More

Finds at Lucapa's Lulo project jump on record mined diamonds

July 05, 2018 / www.mining.com

Australia's Lucapa Diamond (ASX:LOM) said Thursday production at its 40%-owned prolific Lulo project, in Angola, rose 20% during the June quarter.Production at the mine, which has yielded massive diamonds this year, reached 5,058 carats during the three months to June, up from the 4,203 carats in the previous corresponding period, the company said.The total weight of special stones dug up by Luca...Read More

China's top EV maker starts battery-swap service to lure users

July 05, 2018 / www.mining.com

(Bloomberg) - Beijing Electric Vehicle Co., the Chinese electric-car maker preparing for a stock-market listing, is starting a battery-swap service to reduce customers' range anxiety and keep up with similar offerings from rivals.The company will sell a version of its EV300 compact car for 79,800 yuan ($12,000) that allows users to change battery as often as they want for a monthly fee of 432 yuan...Read More

Iron ore slides to seven-month low as trade war fears mount

July 05, 2018 / www.mining.com

(Bloomberg) - Iron ore's starting to buckle after a series of warnings that prices are set to drop amid rising global supply, and as investors fret about the potential impact of escalating trade tensions between the U.S. and China.Lower prices reduce income for top miners Rio Tinto Group, BHP Billiton Ltd. and Vale SA.Benchmark spot ore eased to $62.50 a ton on Thursday, the lowest since November,...Read More

BHP, workers at Escondida mine in Chile 'far from agreement'

July 05, 2018 / www.mining.com

July 5 (Reuters) - Negotiations between workers and BHP Billiton Plc at the Escondida copper mine in Chile, the world's largest, are "far from reaching agreement" with less than three weeks to go before the negotiation deadline, a union official told Reuters on Thursday.The official, Carlos Allendes, said the union was preparing a $400,000 emergency fund to support workers if they opt to strike af...Read More

RT @jacquelinemh85: June quarterly production report season has begun and it was a record one for @vast_resources

July 05, 2018 / bit.ly

Operations at Manaila mine in Romania also turned aroundRead full newsRead More

One More #Hike To Inversion - #Treasury Curve Plunges To Flattest Since July 2007 | Zero Hedge

July 05, 2018 / www.zerohedge.com

One more rate hike and it would appears the entire curve out to 10Y maturity will be inverted...Read full newsRead More

Nautilus shares are underwater after production stopped on its half-built support ship |

July 05, 2018 / bit.ly

Deep sea mining hopeful shares sinkRead full newsRead More

#Tesla Facing New Probe From California Regulator As It Builds Car In A Tent | Zero Hedge

July 05, 2018 / www.zerohedge.com

"As of today, Cal/OSHA has 3 investigations ongoing at Tesla" a spokesman for the state told reporters at Jalopnik.Read full newsRead More

RT @tbiesheuvel: Goldman is super bullish on commodities

July 05, 2018 / www.bloomberg.com

Unfortunately, this page does not exist. Please check your URL.Read full newsRead More

'Billionaire' Oil Tycoon #Batista Gets 30 Years In Jail | Zero Hedge

July 05, 2018 / www.zerohedge.com

One of Brazil's richest men, Eike Batista, has received a 30-year prison sentence for bribes given to the former governor of Rio de Janeiro...Read full newsRead More

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

July 05, 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

Argonaut Gold update on La Colorada Mine

July 05, 2018 / dlvr.it

Argonaut Gold Inc announced that the Collegiate Tribunal has unanimously ruled to lift the suspension of the explosives permit at the La Colorada mine.Read full newsRead More

Nigeria to offer 12.7bn naira mining contract to eight firms

July 05, 2018 / dlvr.it

Nigeria will offer a 12.7-billion naira ($41.6-million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday, adding both foreign and local firms were encouraged to participate. Nigeria's economy, one of Africa's largest, has been built largely on its rich crude oil reserves, leaving other sectors to stagnate. In an attempt to di...Read More

Top 5 Canadian Gold Stocks In Q2 2018

July 05, 2018 / dlvr.it

Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Dalradian Resources Inc, Torex Gold Resources Inc. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More

Resolute Mining hits 493 g/t gold over 5 metres at Syama Gold Project in Mali

July 05, 2018 / dlvr.it

This is the highest grade intercept reported from the project in more than 30 years of exploration.Read full newsRead More

Perseus Mining delivers record gold production

July 05, 2018 / dlvr.it

The company is in the process of developing its third West African gold mine.Read full newsRead More

Bitcoin Gold (BTG) Hard Fork Implements New Mining Algorithm

July 05, 2018 / dlvr.it

Bitcoin Gold (BTG) Hard Fork Implements New Mining AlgorithmRead full newsRead More

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