Australian miner Admiralty Resources will invest around $70 million in developing the Mariposa iron ore project in Chile's northern Atacama region, now that approval has been granted by national environmental agency SEA.The company intends to produce 771,000 tonnes per year of iron ore, with an iron content of about 65%, for an 18-year period, an SEA report...Read More

Anglo American's Minas-Rio iron ore operations in Brazil are expected to remain suspended for approximately 90 days while the miner carries out a full inspection following a pipeline leak last week."Due to the length of the pipeline and ensuring the protection of the natural environment, the current expectation is that it will take approximately 90 days for the full inspection to be completed, dur...Read More

Seaborne iron ore prices weakened slightly on Tuesday April 3 amid a subdued futures market, though buying interest appears to have increased. Metal Bulletin 62% Fe Iron Ore Index: $63.76 per tonne cfr Qingdao, down by $2.04 per tonne Metal Bulletin 58% Fe Premium Index: $52.09 per tonne cfr Qingdao, down by $0.40 per tonne Metal Bulletin 65% Fe Iron Ore Index: $81.50 per tonne cfr Qingd...Read More

Warnings that a cyclone could intensify off the coast of Queensland dominated sentiment in the seaborne coking coal market on Tuesday April 3, even as trading activity was robust. Metal Bulletin's cfr China premium hard coking coal index was up $0.88 per tonne to $196.66 per tonne, while the hard coking coal index was flat at $188.41 per tonne. Metal Bulletin's premium hard coking coal f...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 transaction: iron oreIron oreRio Tinto, tender, 190,000 tonnes of 61% Fe Pilbara Blend fines, sold at $62.79 per tonne cfr China, laycan April 13-22 (last traded at...Read More

Base metals broker Jan Rommer has left Toyota Tsusho Metals and retired as of March 29, Metal Bulletin has learned.The Swedish veteran's career in the metals industry began in 1980 at Rudolf Wolff Limited, the German metals merchant company that was a founding member of the London...Read More

Trading activity in China's hot-rolled coil market continued at a sluggish pace on Tuesday April 3 with both buyers and sellers waiting for a clearer pricing trend to emerge.DomesticEastern China (Shanghai): 3,850-3,880 yuan ($613-618) per tonne, widened downward by 10 yuan per tonneNorthern China (Tianjin): 3,840-3,870 yuan per tonne, widened downward by 10 yuan per tonneHRC prices widened downwa...Read More

Base metals prices on the London Metal Exchange are for the most part stronger this morning, Tuesday April 03, with prices up by an average of 0.7%. Copper, aluminium and nickel lead the advance with gains averaging 1.1% - with copper at $6,811 per tonne, followed by tin and zinc that are up by 0.7% and 0.3% respectively, while lead is bucking the trend with a 0.1% decline.Volume has been high wit...Read More

China will retaliate to any new US tariffs against alleged violations of intellectual property rights withRead full newsRead More

For the third time in less than a week, Trump has sounded the alarm about theRead full newsRead More

U.S. President Donald Trump's recent surprise announcement that he plans to withdraw the United States military from Syria "very soon" and that he will let "the other people take care of it now" may be more telling of what's to come than the mainstream media would have us believe.Read full newsRead More

Perseus Mining (ASX,TSX:PRU) announced that that the ramp-up of operations at its Sissingu?(C) gold mine in northern Cote d'Ivoire has been completed ahead of schedule and the mine has now entered commercial production.Sissingu?(C) is located southeast of the 7Moz Morila gold mine and northwest of the 4.3Moz Tongon deposit. It is estimated to produce 358,000 ounces over the 5-year life of mine, in...Read More

Silver Bear Resources (TSX:SBR) announced that construction of its Mangazeisky project in Russia is almost done and that plans to go forward with a first silver production early in the second quarter of 2018 are on track. Mangazeisky is located 400 km north of Yakutsk, in the eastern Republic of Sakha, and covers an area of approximately 570 square kilometres. The property includes the high-grade...Read More

South African engineering and construction group Murray & Roberts (JSE:MUR) unveiled Tuesday it had been awarded 3.7 billion rand (about $313 million) in mining projects located in sub-Saharan Africa, North America and Australasia.The company, currently subject of a takeover bid from Germany's ATON, said the awarded underground projects included diamond, gold, copper, salt and platinum mines....Read More

OZ Minerals (ASX:OZL) said Tuesday it had received approval from the South Australian government to go ahead with the next phase of development its A$916 million (roughly $704m) Carrapateena copper-gold project.The Mining Lease and Environmental Protection and Biodiversity Conservation Act (EPBC) allows Oz Minerals to start this month phase two of construction at the project, one of the largest...Read More

Randgold Resources (LON:RSS) said Tuesday an ongoing strike by its subcontractor's workforce at Tongon gold mine in the Ivory Coast, has started to hit operations.Tongon is expected to get back to full capacity with the assistance of the authorities, although it would be a challenge to recover the lost production.As a result, the Africa-focused gold producer is now not sure the operation will a...Read More

U.S. government officials are moving forward with a plan to block new gold mining claims in the mountains north of Yellowstone National Park with Thursday's release of a draft analysis of the proposal's effects on the environment.Read full newsRead More

https://www.bloomberg.com/Aggregate U.S. debt seen contributing to worries over dollar Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer of Sprott U.S. Holdings Inc., who's been involved in the market for four decades.Bullion could top $1,400 an ounce in 2018 as escalating trade tensions drive investors to havens a...Read More

Bitcoin and other cryptocurrency miners have created a dearth of mid-range and high-end GPU cards that are selling for twice as much as suggested retail. The reason: miners are setting up server farms with the cards.Read full newsRead More

There's gold in them thar hills!Read full newsRead More