The Japanese nuclear regulator has approved the Japan Atomic Energy Agency's (JAEA's) plans for decommissioning the Monju prototype fast breeder reactor (FBR). JAEA submitted the plan - which had earlier been approved by a government-appointed team - to the Nuclear Regulation Authority (NRA) in December last year.The Monju FBR (Image: JAEA)A key part of Japan's nuclear energy program, the 280 MWe...Read More
Westinghouse Electric Company's reorganisation plan - including its sale to Brookfield - has been approved by the US Bankruptcy Court. Westinghouse said the court's approval of the plan is a "significant milestone in the company's strategic restructuring".Westinghouse filed for Chapter 11 bankruptcy protection with US courts in March 2017 to enable it to undergo strategic restructuring. The compan...Read More
A shortage of crude indium material is pushing prices higher, market participants have told Metal Bulletin.Metal Bulletin assessed the free-market price of indium at $330-360 per kg on an in-warehouse basis on Wednesday March 28, up from $320-350 in the previous assessment last Friday."Our purchase department complains that it is difficult to locate crude indium although they have called nearly al...Read More
Base metals prices on the London Metal Exchange ended higher at the close of trading on Wednesday March 28, with only aluminium trading lower. The three-month nickel price was the biggest mover, rising $130 per tonne and recovering back above $13,000 per tonne. The metal is being buoyed by a tight market and low stocks. "Total LME stocks have had very little inflow and edged lower to 322,236 tonne...Read More
A summary of base metals premiums from across the globe for the week to Tuesday March 27.Please click...Read More
The inevitable is finally starting to unfold. The downgrade to triple-C by Moody's came as a surprise, at least to me.Historically Moody's has been the last to downgrade collapsing companies. The most famous was its failure to downgrade Enron until about a week before Enron folded.Perhaps this time around it decided to get out in front of the obvious. Tesla's continued existence, despite obvious o...Read More
Metal Bulletin has gathered some of the major talking points from its 19th Asian Ferro-Alloys conference in Hong Kong on March 20-22. 1. Demand for steel and ferro-alloys will come from India, Russia, OBOR and Southeast Asia "From my point of view, market means population. China [has a population of] 1.4 billion people," Mark Shujun Ma, chairman and chief executive officer of metals technology and...Read More
Wallbridge Mining (CN:WM) has secured US$8 million in a bridge loan to fund its 35,000 tonne bulk sample programme at its Fenelon Gold property in Quebec.Staff reporterGold equities lower28 MARCH 201828/03/2018commentsshareThe first draw on the bridge loan, with Auramet International, hinges on Wallbridge completing a minimum C$2 million equity raise.Auramet has also been granted a call option on...Read More
Shares of Invictus MD Strategies Corp. (TSXV:GENE) have been singing a sweet tune since appointing KISS co-founder Gene Simmons as its Chief Evangelist OfficerSmallCapPower | March 28, 2018: Invictus MD Strategies Corp. (TSXV:GENE), based in Vancouver, announced on Monday that its wholly-owned subsidiary, Acreage Pharms, has undergone physical on-site sales license inspection by Health Canada, wh...Read More
Senator Doug Black.Alberta Senator Doug Black on Wednesday March 28 moved a second reading of the bill he introduced in February (2018) in a bid to have Ottawa declare that Kinder Morgan Canada's [KML-TSX] stalled Trans Mountain pipeline is in Canada's national interest.Despite opposition from environmental activists, and governments at the provincial and municipal level in British Columbia, the p...Read More
High-grade silver mineralization from Honey Badger's Thunder Bay Silver Project west of Thunder Bay, northwestern Ontario. Source: Honey Badger Exploration Ltd.Honey Badger Exploration Ltd. [TUF-TSXV] and TomaGold Corp. [LOT-TSXV] emerged as the most actively traded stocks on the TSX Venture Exchange Wednesday March 28 as investors reacted to positive news from both companies.After Honey Badger an...Read More
A shortage of crude indium material is pushing prices higher, market participants have told Metal Bulletin.Metal Bulletin assessed the free-market price of indium at $330-360 per kg on an in-warehouse basis on Wednesday March 28, up from $320-350 in the previous assessment last Friday."Our purchase department complains that it is difficult to locate crude indium although they have called nearly al...Read More
Aerial view of Viva Gold's Tonopah Project in southwestern Nevada. Source: Viva Gold Corp.Viva Gold, which recently changed its name from Aintree Resources, has a 100% interest in the Tonopah Project near Tonopah, Nevada, an advanced stage gold exploration project.The project sits on the Walker Lane Trend and consists of 444 unpatented mineral claims, 185 of which are subject to a royalty interest...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Turkish steel producers have returned to the deep-sea scrap markets after two weeks of silence but prices remained largely stable with the news of a European transaction heard on Wednesday March 28.A steel mill in the Marmara region booked a European cargo, comprising 5,000 tonnes of HMS 1&2 (75:25), 20,000 tonnes of shredded and 5,000 tonnes of bonus at an average price of $375 per tonne cfr.Meta...Read More
Argonaut's El Castillo gold mine in Sonora, Mexico. Source: Argonaut Gold Inc.Argonaut Gold Inc. [AR-TSX] has released updated technical reports from Mexican operations, including the Castillo Complex in Durango and its La Colorada Mine in Sonora state, Mexico.The El Castillo Complex is made up of the El Castillo and San Agustin Mines, which share infrastructure and resources.Highlights from the M...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Ely Gold Royalties (TSXV: ELY) (OTC Pink: ELYGF) Options Key Monitor Claims to Orla Mining Vancouver, British Columbia - March 28, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Ely Gold Royalties Inc. (TSXV: ELY) (OTC Pink: ELYGF) ("Ely Go...Read More
North Arrow sample bags from the Q1-4 2017 sample being loaded on to the Hamlet's truck to be moved to the beach for pick up. Source: North Arrow Minerals Inc.North Arrow Minerals Inc. [NAR-TSXV; NHAWF-OTC] on Wednesday March 28 reported final diamond recoveries from composite mini-bulk samples extracted from four units within the Q1-4 kimberlite at the Naujaat Diamond Project, Nunavut.The samples...Read More
While accepting the Nobel Peace Prize in 2016, Colombian President Juan Manuel Santos said, "The manner in which this war against drugs is being waged is equally or perhaps even more harmful than all the wars the world is fighting today, combined."The death toll from the drug war is much less than the actual warfare throughout the world. However, his sentiment is quite appropriate because a signi...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop War Eagle Mining (TSXV: WAR) Announces Exploration Update Vancouver, British Columbia - March 28, 2018 (Newsfile Corp.) (Investorideas.com Newswire) War Eagle Mining Company Inc. (TSXV: WAR) ("War Eagle" or the "Company") is pleased to announce...Read More