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GLOBAL TUNGSTEN WRAP: Chinese concentrates prices lead the market down further; European ferro-tungsten falls

April 02, 2018 / www.metalbulletin.com

Chinese tungsten concentrates market continued to fall, and exporters in ammonium paratungstate (APT) and ferro-tungsten markets adjusted offers lower accordingly. European ferro-tungsten went down again, but APT was flat over the past two weeks. Expectations that more miners will restart press down the tungsten concentrates prices in China  Buying interest in APT decreased  European mar...Read More

Brazil's iron ore exports fall in March on lower prices

April 02, 2018 / www.metalbulletin.com

Brazilian iron ore export volumes fell by 17.7% year on year in March, according to figures released by national foreign trade ministry MDIC on Monday April 2.Iron ore shipments totaled 29.95 million tonnes during the month versus 36.39 million tonnes in March 2017.Export revenue declined by 27.9% to $1.68 billion from $2.33 billion in the same comparison due to lower iron ore...Read More

Quebec Iron Ore set to ship first vessel of high-grade Canadian iron ore to Asia

April 02, 2018 / www.metalbulletin.com

Canada-based Quebec Iron Ore (QIO), a subsidiary of Champion Iron Ltd, said last week it will ship 200,000 wet metric tonnes of high-grade 66% Fe iron concentrate to Asia. Champion Iron had acquired the Bloom Lake mine facilities in Quebec, Canada, from Cleveland-Cliffs (formerly Cliffs Natural Resources) in 2016. Operations at the mine restarted this past February."The first vessel is being loade...Read More

Steelmaking Raw Materials Trade Log, April 2, 2018

April 02, 2018 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials. Latest transaction: iron oreIron oreRio Tinto, tender, 170,000 tonnes of 61% Fe Pilbara...Read More

China AM: Ferrous futures lose gains made last Friday night

April 02, 2018 / www.metalbulletin.com

China's ferrous futures decreased during morning trading on Monday April 2, losing the gains made during last Friday night's trading session.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,366 ($536) per tonne, down 61 yuan per tonne May hot-rolled coil: 3,707 yuan per tonne, down 37 yuan per tonne Dalian Commodity Exchange May iron ore: 445 yuan per tonne, down...Read More

LIVE FUTURES REPORT 02/04: Comex copper benefits from improved Chinese data

April 02, 2018 / www.metalbulletin.com

Comex copper prices traded at a one-week high Monday morning in the United States following a wave of positive Chinese manufacturing data. Copper for May settlement on the Comex division of the New York Mercantile Exchange gained 2.15 cents - or 0.7% - to $3.0470 per lb. China's Caixin manufacturing purchasing managers' index (PMI) for March came in at 51 on Monday, which was below an expecte...Read More

GLOBAL ANTIMONY WRAP: European prices soften on further deliveries; weak demand weighs on Chinese market

April 02, 2018 / www.metalbulletin.com

European antimony prices weakened further last week after material continued to flow into warehouses in Rotterdam while demand remained muted. The Chinese market followed suit with domestic prices there also coming under pressure from feeble demand.Metal Bulletin assessed the MMTA standard grade II antimony in-warehouse Rotterdam price at $8,500-8,660 per tonne on Wednesday March 28, down by 0.1%...Read More

China hits U.S. goods with tariffs as 'sparks' of trade war fly

April 02, 2018 / www.mining.com

China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, escalating a dispute between the world's biggest economies in response to U.S. duties on imports of aluminum and steel.The tariffs, which take effect on Monday, were announced late on Sunday by China's finance ministry and matched a list of possible tariffs on up to $3 billio...Read More

#Intel Crashes: #Apple To Start Using Own Mac Chips, Moving Away From Intel | Zero Hedge

April 02, 2018 / www.zerohedge.com

Intel stock plunged 8.8%, its biggest slide in over 2 years, following a Bloomberg report that Apple is planning to use its own chips in Mac computers beginning as early as 2020, and replacing processors from its existing partner, Intel.Read full newsRead More

Subprime #Auto Bubble Bursts As "Buyers Are Suddenly Missing From Showrooms" | Zero Hedge

April 02, 2018 / www.zerohedge.com

The first casualty of rising rates has arrived:Read full newsRead More

RT @StandardLithium: ICYMI: CEO Robert Mintak shares a few words on our latest press release:

April 02, 2018 / bit.ly

Share on FacebookShare on TwitterShare on Google+Share on Linkedin STANDARD LITHIUM PROVIDES PILOT PLANT AND PROCESS TESTING UPDATE March 26th, 2018 - Vancouver, BC - Standard Lithium Ltd. ("Standard Lithium" or the "Company") (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L) is pleased to provide an update of the extensive process testing work and pilot plantRead full newsRead More

Where #Volkswagen Cars Go To Die | Zero Hedge

April 02, 2018 / www.zerohedge.com

An aging football stadium in Michigan... A decrepit paper mill in Minnesota... A sun-bleached patch of desert in California...Read full newsRead More

#Tesla Tumbles After Elon Musk Jokes About Bankruptcy | Zero Hedge

April 02, 2018 / www.zerohedge.com

This morning shareholders of Tesla are hardly laughing, with Tesla stock tumbling as much as 5%, down to $254, the lowest level in a year.Read full newsRead More

#London Murder Rate Overtakes New York Amid Spike In Stabbings, Shootings | Zero Hedge

April 02, 2018 / www.zerohedge.com

It's social media's fault.Read full newsRead More

Inomin acquires multi-mineral property in British Columbia

April 02, 2018 / www.mining.com

Vancouver-based Inomin Mines (TSX.V: MINE) announced today that, subject to TSXV acceptance, it will be acquiring a 100% interest in the Fleetwood zinc-copper-silver-gold property for $10,000 and 200,000 shares to CanAlaska Uranium (TSX.V: CVV).In a press release, the company explained that the 420-hectare property, located in the New Westminster Mining Division of southwestern British Columbia, h...Read More

Why tiny diamonds make a Vancouver miner happy

April 02, 2018 / www.mining.com

Lithoquest Diamonds (TSX-V: LDI) could not be happier for having just recovered one grey and two yellow micro-diamonds from the +0.1 mm to -0.3 mm size fraction at its North Kimberley Diamond Project, located in the northern region of Western Australia.The gems were unearthed at target 0702 in the 1,000-square-kilometre property and recovered from a 10.06-kilogram rock sample submitted for kimberl...Read More

Investment in Africa's mining sector to rise: BMI

April 02, 2018 / www.mining.com

Despite the fact that, through the enactment of new laws and regulations, local governments in Sub-Saharan Africa are starting to claim a larger share of their countries' mineral resource wealth, BMI Research believes that investments in the region will continue to rise in Q3-2018.In an industry overview published today, BMI presents the recent changes to the Democratic Republic of Congo's mining...Read More

Codelco CEO to stay on after Chile's new Gov't reshuffles management

April 02, 2018 / www.mining.com

The Chief Executive Officer of Chilean state copper company Codelco, Nelson Pizarro, confirmed rumours this weekend that he would stay on at the company's helm even after the country's new President, Sebastian Pi??era, appoints a new chairman and three directors in May.The mining veteran, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in...Read More

Chile's recent coal phase out decision claims first victims

April 02, 2018 / www.mining.com

Chile is pushing power companies to phase out coal plants following a government announcement earlier this year that the country wouldn't build coal-fired power plants unless they were equipped with carbon capture and storage (CCS).The decision, part of a wider national plan to transition to cleaner energy sources, has already claimed some victims, with French power company Engie SA announcing la...Read More

Pure Gold Mining : Expands Scale of the Madsen Wedge Target

April 02, 2018 / dlvr.it

VANCOUVER, British Columbia, March22, 2018 -- Pure Gold Mining Inc. is pleased to report that surface drilling continues to expand gold mineralization within the newly discovered Wedge Target,... | mars 22,2018Read full newsRead More

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