Seaborne iron ore prices continued to fall on Thursday September 19 amid retreats in the futures and steel markets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.23 per tonne, down $3.19 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $93.62 per tonne, down $3.19 per tonne.62% Fe low-alumina fines, cfr Qingdao: $91.47 per tonne, down $2.96 per tonne.58% Fe fines high-...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Latest transactions: iron oreIron oreBHP, Global Ore, 100,000 tonnes of 58% Fe Yandi fines, sold at the October average of two 62% Fe indices, adjusted...Read More

The availability of ample cargoes of seaborne premium mid-vol hard coking coal has raised the possibility of traders engaging in panic selling.Premium hard coking coal, fob DBCT: $140.66 per tonne, down $3.42 per tonnePremium hard coking coal, cfr Jingtang: $161.43 per tonne, down $2.38 per tonneHard coking coal, fob DBCT: $122.50 per tonne, down $9.25 per tonneHard coking coal, cfr Jingtang: $140...Read More

Stellar result for PolarXSPONSOREDpolarx"Mining has overcome a series of challenges to transform itself throughout its history. The challenges were technical, financial and sustainability. Today, the challenge consists of how to achieve that this important economic activity develops in harmony with the social environment," he said.To this end, the government proposed the creation of a territorial...Read More

Look beyond market approach to project valuations: van ZylLeadershipWhite Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsPresident and CEO Tim Moody, who spent 24 years with Rio Tinto including five as exploration director, said: "The sca...Read More

China's domestic hot-rolled coil prices dropped on Thursday September 19 amid expectations of higher output in the northern region in the next six months. DomesticEastern China (Shanghai): 3,640-3,650 yuan ($513-514) per tonne, down 50 yuan per tonneNorthern China (Tangshan): 3,600-3,610 yuan per tonne, narrowing downward by 10 yuan per tonneA draft of measures to cut emissions in northern China d...Read More

China's spot rebar prices and its futures contract fell further on Thursday September 19 after a draft specifying looser steelmaking curbs for the remainder of the year was circulated via social media, though there is still no official word on such restrictions.Domestic Eastern China (Shanghai): 3,670-3,700 yuan ($517-521) per tonne, down 30 yuan per tonneNorthern China (Beijing): 3,580-3,620 yuan...Read More

Base metals prices on the Shanghai Futures Exchange drifted lower during the morning trading session on Thursday September 19 after the US Federal Reserve cut interest rates on Wednesday but failed to give a clear indication of further cuts.The US central bank lowered its benchmark lending rate by 25 basis points to a range of 1.75-2% at its meeting on Wednesday "in light of the implications of gl...Read More

Equity index futures mixed this morning. S&P 500 futures were unchanged in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Initial Jobless Claims was 210,000 versus 204,000 last week. Actual was 208,000. Consensus for September Philly Fed Index was 10.0 versus 16.8 in August. Actual was 12.0.Microsoft gained $1.83...Read More

Expectations of stockpiling activity ahead of the Chinese National Day holiday (October 1-7) have boosted sentiment among suppliers, leading to higher spot quotations for battery raw materials, including cobalt sulfate and tetroxide. Fastmarkets' assessment for cobalt tetroxide 72.6% Co min, delivered China rose to 200,000-210,000 yuan ($28,140-29,547) per tonne on Wednesday September 18, up...Read More

Key data from the Wednesday September 18 pricing session in London. Key drivers:  Benchmark prices for cobalt metal continue to rise, with higher prices for metal and sulfate in China giving confidence that the recent rally - since Glencore announced it would close Mutanda at the end of the year - can be sustained.  When...Read More

An overview of the minor metals markets and their latest price moves.Read More

Ramp-ups in Chinese nickel pig iron (NPI) production will not inhibit the use of traditional ferro-nickel in European stainless steel production, multinational miner Anglo American's head of business intelligence told Fastmarkets at the International Stainless and Special Steel Summit in Seville, Spain, on Tuesday September 17.Chinese production of NPI was up by 50.9% year on year in July 2019 to...Read More

Dear Rich Lifer,You've worked incredibly hard in order to save up to retire. The road to retirement can be a difficult one that requires both social and financial sacrifices in order to save enough for a comfortable retirement. This is why it's crucial to avoid as many financial mistakes that could compromise the security of your retirement plan as you can.Not to fear! I'll highlight some of...Read More

Strong Shareholder Support Enables All Proxy Proposals to PassELKO, Nevada, Sept. 19, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) announced the results of the Company's annual shareholder meeting that was held on September 18, 2019 at 09:00 AM MT in Denver, CO.The following proposals were acted on by the Company's shareholders at the meeting:Elected six directors (John Braca, Timothy Jank...Read More

College Factual released its annual list of the nation's top engineering schools this week, with Colorado School of Mines again taking the top spot. Mines appeared at #1 on a list of the "Best Engineering Colleges Nationwide." College Factual rankings "prioritize positive student outcomes like low student loan default rates, high graduation rates, and high graduate salaries," says Bill Phelan, CE...Read More

A team of Colorado School of Mines educators and researchers has been awarded nearly $2 million in National Science Foundation (NSF) funding to develop online learning opportunities that empower the workforce of today and tomorrow to better harness the power of data in advanced manufacturing.Mines is one of five universities nationwide to receive a Production Engineering Education and Research (PE...Read More

Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company's failure to generate positive free cash flow in 2019.Stornoway entered into a letter of intent (LOI), which lays out how Osisko Gold Royalties (TSX: OR; NYSE: OR), Diaquem (a subsidiary of government-owned Investissement Qu?(C)bec) and other...Read More

Mining companies spend an average of $8.5 billion a year in Quebec, and the industry generates $962 million annually for the provincial government, excluding corporate income taxes, according to the latest report from the Quebec Mining Association. The province has 25 producing mines and 24 exploration projects. Here's a look at eight companies operating in the mining-friendly province.Eastmain Re...Read More

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesThe founders of Nickel Mines - former directors of Bolnisi Gold, taken over by Coeur d'Alene Mines in 2007 - li...Read More