European stainless steel bases prices remain unchanged on Friday July 6 despite lower-priced imports available from Asia, with mills seemingly confident of maintaining acceptable sales volumes during summer without offering discounts.Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet in Northern Europe was stable at ?,?1,000-1,050 ($1,168-1,227)...Read More
The latest metal markets news and price moves to start the North American day on Friday July 6.Base metals on the London Metal Exchange were broadly lower during morning trading, with US import tariffs on Chinese goods coming into effect overnight and weakening market sentiment for the complex.Nickel dipped below $14,000 per tonne during morning trading to levels not seen since May...Read More
China's domestic stainless steel prices narrowed upward over the past week amid supply concerns. Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,300-15,600 yuan ($2,305-2,350) per tonne including VAT for the week ended Thursday July 5, compared with 15,200-15,600 yuan per tonne a week earlier. More than 600 induction furnaces wi...Read More
Prices for containerized shredded scrap imports into India slipped this week as the monsoon season and a fall in domestic scrap prices kept the market subdued, sources told Metal Bulletin on Friday July 6.Metal Bulletin's weekly index for containerized imports of shredded scrap into India edged down by $0.87 per tonne to $380.51 cfr Nhava Sheva on July 6, compared with $381.38...Read More
Import prices for containerized heavy melting scrap (HMS) in Taiwan have increased this week due to steady demand from end-users.Metal Bulletin's assessment of import prices for United States-origin HMS 1&2 (80:20) sold into Taiwan was $335-340 per tonne cfr for the week ended Friday July 6, up from $330-335 per tonne a week earlier.US-origin scrap was offered at $340-345 per tonne cfr Taiwan duri...Read More
It's a discrepancy that has dogged geochemists for years - when researchers bring rocks back to the lab and measure how quickly they dissolve, the numbers don't match what they can see happening in the field.In fact, it's an order of magnitude of six - rocks dissolve one million times faster in the lab than they do in the natural environment, said Alexis Navarre-Sitchler, associate professor of ge...Read More
MGX Minerals President and CEO Jared LazersonDemand from electric vehicles is blowing up lithium mining.In 2015, 174,000 tonnes of lithium worth $1.2 billion were mined.While the lithium-ion battery was invented 25 years earlier, the mineral hardly made headlines and output was controlled by four large primary producers (as it is today) operating largely out of sight in the high Andes and West Au...Read More
Kitco News talks with some of the most influential gold market analysts, economists, investors and mining CEOS to get their take on the industry and financial markets and the global economyRead full newsRead More
Volkswagen AG's namesake brand is entering the car-sharing market with an electric-only offering more than a decade after operators like U.S.-based Zipcar and Daimler's Car2Go started their services.Read full newsRead More
Bitcoin Gold (BTG) Hard Fork Implements New Mining AlgorithmRead full newsRead More
Bitcoin Gold (BTG) Hard Fork Implements New Mining AlgorithmRead full newsRead More
The proposed hybrid power station, combined with a thermal station expansion at Granny Smith mine, will meet the increased daily power needs of the entire mine of 24.2MWRead full newsRead More
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
Bitcoin Gold (BTG) Hard Fork Implements New Mining AlgorithmRead full newsRead More
It depends on how you measure it.Read full newsRead More
Perseus mining's gold production reached 83,881 ounces in the second quarter, increasing output by 63 percent from this time last year.Read full newsRead More
SANTIAGO, July 6 (Reuters) - Labor negotiations at BHP Billiton Plc Escondida copper mine in Chile, the world's largest, are entering into the final three weeks before a 30-month contract expires at the end of July.The closely watched talks come little more than one year after failure to reach a labor deal at the sprawling deposit led to a 44-day strike that jolted the global copper market.How are...Read More
Japanese trading house Mitsui & Co may boost its stake in Brazil's Vale SA if other shareholders sell part of their holdings, a senior executive said, giving it greater influence over the iron ore giant's management.Several Brazilian pension funds and BNDESPar, the investment arm of state development bank BNDES have been considering the sale of part of their stakes in Vale, equating to about 3 per...Read More
Shares in Condor Gold (LON:CNR) jumped Friday after the Nicaragua-focused miner submitted further technical studies to the country's Ministry of Environmental and Natural Resources (MARENA) for permitting approval at its La India project.The submission of additional documents comes after the environmental regulator requested a reply to formal questions following a site visit inspection to the co...Read More
for kicks, I’m going to spit out some early FI/investing “truisms” over the next wk many ppl prob think they know, really don’t, keep falling for and getting duped by. let’s see how many subs I lose! ??~?- FI Fighter (@FI_Fighter) July 7, 2018Truism #1: just b/c u have a lot of money and achieved early FI doesn’t mean u know shit about investing. Being popular a...Read More