An overview of the minor metals markets and the reasons for any price moves.Read More
The following Metal Bulletin minor metals prices changed on Friday April 6:Minor metals Chromium MB free market alumino-thermic, $/tonne: $13,250-13,995 per tonne from $10,500-11,300 per tonneCobalt MB free market high...Read More
The base price assessments for flat stainless steel products in Europe narrowed downward by ?,?20 per tonne this week due to pressure from cheap imports and high stock levels, sources told Metal Bulletin on Friday April 6.Metal Bulletin's weekly base price assessment for 2mm, grade-304 cold-rolled (CR) stainless steel sheet was ?,?1,050-1,110 ($1,287-1,360) per tonne delivered in Northern Europe o...Read More
The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday April 6:Aluminium scrap Floated Frag: ?,?1,255-1,275 per tonne from ?,?1,260-1,280 Cast:...Read More
Import prices for containerized heavy melting scrap (HMS) in Taiwan were stable this week due to a trading lull that resulted from consecutive public holidays.Metal Bulletin's assessment of import prices for United States-origin HMS 1&2 (80:20) sold into Taiwan was $340-345 per tonne cfr for the week ended Friday April 6, unchanged from a week earlier.Price negotiations were limited to only the fi...Read More
MOSCOW, April 6 (Reuters) - The U.S. government's decision to include Russian magnate Oleg Deripaska on its sanctions blacklist on Friday will reverberate around the world because his business empire has a global footprint and counts major multinationals as partners.Washington imposed sanctions on seven Russian oligarchs, 12 companies they own or control, as well as 17 senior Russian government of...Read More
Plans ignore the poor correlation between discovery and developmentRead full newsRead More
The last time offshore yuan was this strong relative to the US Dollar, China devalued its currency, sending a ripple of broken carry-trades through the financial markets and raising volatility everywhere.Read full newsRead More
During a legislative forum organized by the Dominican Republic's Lower Chamber in the city of Cotu?-, which is located in the central province of S??nchez Ram?-rez, residents, community members and activist groups said that the federal government should transfer the province 5 per cent of the royalties it receives from Barrick Gold and that MPs should push for this to happen.Barrick (NYSE, TSX:ABX...Read More
CBLT Inc. (TSXV: CBLT) announced that it will sell two claims in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario to Australian miner Krakatoa Resources (ASE:KTA).In a press release, the Burlington-based company explained that the claims are located peripheral to a cluster of former silver-cobalt mines at Gowganda, 85 kilometres northwest of the town of Cobalt, whose mines ope...Read More
Appetite for copper-mining assets is picking up after prices climbed in 2017 to the highest level in seven years, amid disruptions that worsened a shortfall in supply. The metal rally, however, has weakened since prices climbed to a three-year high in late December, and prices could become volatile unless the industry solves what Colin Hamilton, director of commodities research at BMO Capital Mar...Read More
A 6.16-carat blue diamond that was secretly passed down through European royalty over three centuries is going on sale for the first time in May.The pear-shaped, dark grey-blue gem, known as The Farnese Blue, is believed to be one of the most important historical diamonds left in private hands, Sotheby's said.Expected to fetch between $3.7 and $5.3 million when it goes under the auction house's ha...Read More
The president of the Pan-Amazonian Ecclesial Network, Mgr. Jos?(C) ??ngel Divasson, hosted a press conference today where he presented the Catholic Church's position regarding the exploitation of mineral resources in Venezuela's southeastern Guayana region. Divasson, who also is the vicar apostolic of the Amazonian town of Puerto Ayacucho, said that not only the church but the entire world is worr...Read More
Following the announcement of its intentions to acquire the Kandiole-North and the Kandiole-West permits, RosCan Minerals (TSXV: ROS) said that now it wants to buy the 65-square-kilometre Segando-South and the 32-square-kilometre Moussala-North permits, all located in western Mali."With the acquisition of these additional permits, RosCan's Kandiole Project will consist of approximately 164 sq. km....Read More
Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, is seeking permission to extend the lifespan of its Jwaneng mine again by digging deeper.Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want to deepen the pit to 830 meters (2,700 feet), which will allow continuing operations for another 11 year...Read More
The faith of a controversial potash project in the state of Michigan may soon be defined, as regulators are considering a fresh proposal submitted by Michigan Potash Co.The Colorado-based company's plan includes the construction of a plant in central Michigan where the commodity, used as crop nutrient, will be treated.Michigan Potash seeks to extract the fertilizer ingredient through solution mi...Read More
Solar power last year attracted far more investment than any other technology, reaching almost $161 billion, a 18% increase when compared to 2016, a new study backed by the United Nations shows.According to the report, released Tuesday by the UN Environment's Economy Division, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance, solar made up 57% of last year's to...Read More
World's number one miner BHP (ASX:BHP) confirmed Thursday it has decided to leave the World Coal Association (WCA) over differences on climate change, but said it will keep its affiliation to the US Chamber of Commerce, which was also under review.The miner, which publicly supports the Paris climate accord, first signalled its intent to potentially leave the global coal-lobbying group last year, a...Read More
It's not just the potential for gold mining that makes this property a glittering proposition.Read full newsRead More
It's not just the potential for gold mining that makes this property a glittering proposition.Read full newsRead More