A Brazilian federal court has removed a major hurdle keeping mining major Vale from acquiring fellow miner Ferrous Resources.An injunction from a Brazilian court issued on November 8 blocked the acquisition and required Vale to provide proof that it would implement international environmental compliance standards. But the federal court nullified the injunction on December 5 fol...Read More
The Turkish deep-sea scrap import market was quiet on Tuesday December 24 due to the Christmas holiday period in Europe and the United States, market sources said.The most recent deep-sea cargo was booked on Friday December 20 at $303 per tonne cfr for HMS 1&2 (80:20) from the Baltic Sea region.Read More
Seaborne iron ore prices largely softened on Tuesday December 24 amid low buying interest, given cheaper alternatives in the port market.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $91.03 per tonne, down $0.30 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $90.12 per tonne, down $0.30 per tonne.62% Fe low-alumina fines, cfr Qingdao: $91.39 per tonne, up $0.06 per tonne.58%...Read More
Trading activity continued in the seaborne coking coal market on Christmas eve, with prices staying above $130 per tonne fob Australia basis for premium quality materials.Fastmarkets indicesPremium hard coking coal, fob DBCT: $133.13 per tonne, down $1.84 per tonnePremium hard coking coal, cfr Jingtang: $147.47 per tonne, unchangedHard coking coal, fob DBCT: $122.33 per tonne, uncha...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Volumes on U.S. and Canadian equity markets are expected to be well below average today prior to the Christmas Holiday tomorrow. U.S. and Canadian equity markets close at 1:00 PM EST.Advanced Micro Devices added $0.68 to $46.04 after RBC Capital raised its target price from $50 to $53. Bo...Read More
As the Association for Mineral Exploration (AME) gears up for the 37th annual Mineral Exploration Roundup conference from Jan. 20 to 23, 2020, it is time to take stock of the past year and look ahead to the potential for mineral exploration and development in 2020.It seems that 2019 was a unique year for the industry as it has been challenging for some junior explorers to attract investment despit...Read More
This holiday episode features a special Innovation Presentation by Peak Power chief operating officer Matt Sachs at the 2019 Progressive Mine Forum in Toronto. Matt discusses how advanced software can help industry, including mining companies, save on costs relating to energy usage. Topics include: making energy production a two-way street by adding electric vehicle batteries to the power grid; ho...Read More
The first copper concentrate has been shipped from Nevada Copper's (TSX: NCU) Pumpkin Hollow project in Nevada to the company's offtake partner Concord Resources.Production at the Pumpkin Hollow processing plant started on Dec. 16 and the company expects the underground mining operation will ramp up to full commercial production in the first half of 2020.Pumpkin Hollow is the first new copper prod...Read More
Gold has a chance to be an interesting investment in the coming year said Blackstone investment luminary Byron Wien on CNBC Tuesday.Read full newsRead More
Artwork Archive's founder has a very unusual hobby.Read full newsRead More
Artwork Archive's founder has a very unusual hobby.Read full newsRead More
Finding products our derm would approve of isn't exactly an easy task. That is, unless we want to buy from one of the pricey lines they carry in their office (we don't). But thanks to LovelySkin...Read full newsRead More
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