Recent News

China's iron ore imports rise 1% in February

March 08, 2018 / www.metalbulletin.com

China's iron ore imports edged up by 0.9% on the year in February despite the Chinese New Year break.The world's largest buyer of the steelmaking raw material took in 84.27 million tonnes last month, up from 83.49 million tonnes a year earlier, according...Read More

Cobalt prices hit $40/lb as larger tonne inquiries dominate

March 08, 2018 / www.metalbulletin.com

Prices for high and low-grade cobalt metal rallied through the $40 per lb psychological barrier in the midweek pricing session, with scope to keep rising over the coming days and weeks. High prices are, at least for now, unlikely to deter purchasing, because tight supplies, strong demand from the battery and super-alloy sectors and larger volume inquiries are sufficient to underpin the latest gain...Read More

Trade log March 2018: Cobalt

March 08, 2018 / www.metalbulletin.com

Cobalt log based on trades, bids and offers confirmed to Metal Bulletin.Unless otherwise stated, all prices are per lb on an in-warehouse basis. Delivered prices are netted back. Click here for Metal Bulletin's cobalt pricing specifications. Click here for Metal Bulletin's January cobalt trade log. Click here for Metal Bulletin's February cobalt trade log. Metal Bulletin prices Click here for...Read More

METALS MORNING VIEW 08/03:Base metals prices in search of support with correction still underway

March 08, 2018 / www.metalbulletin.com

Base metals traded on the London Metal Exchange are split into two camps this morning, Thursday March 8, with copper ($6,924 per tonne), nickel, zinc and tin prices all down by an average of 0.6%, while aluminium and lead prices are up by an average of 0.3%.Volume has been average with 7,370 lots traded as of 06.43am London time. This follows a day of weakness on Wednesday when prices were down by...Read More

East Asian stainless CRC prices widen

March 08, 2018 / www.metalbulletin.com

Stainless cold-rolled coil prices in East Asia widened over the past week with offers from China and Taiwan going in opposite directions, while those for stainless hot-rolled sheet narrowed on thin trading.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed CRC was $2,235-2,350 per tonne cif East Asian ports for the week ended Wednesday March 7, widening from $2,250-2,330...Read More

INTL COPPER CONF: Return of protectionism will affect copper market, say panelists

March 08, 2018 / www.metalbulletin.com

Copper product manufacturers are already suffering from the growing trend for protectionism, panelists at the Metal Bulletin Copper Conference said, and prices could suffer if global trade founders in the coming years.The physical steel and aluminium markets are reeling after the United States said it intends to introduce tariffs on imports of 25% and 10% respectively.The LME three-month copper pr...Read More

Q2 MJP close to settlement with more aluminium deals concluded at $129/t

March 08, 2018 / www.metalbulletin.com

Major aluminium producers and Japanese buyers are closer to reaching a premium settlement for its second-quarter aluminium supply after further deals were concluded at a premium of $129 per tonne to main Japanese ports (MJP). Second-quarter deals amounting to close to 40,000 tonnes have been reported to Metal Bulletin since the start of this week. The first deal was confirmed on Monday. The $...Read More

Scientists closer to producing safer and longer-lasting lithium battery

March 08, 2018 / www.mining.com

Researchers from Arizona State University have developed a new method to produce lithium-metal batteries that allows for a controlled dendrite growth, which makes them safer and longer-lasting.The team found that using a 3-D layer of polydimethylsiloxane (PDMS), or silicone, as the substrate of the lithium metal anode can mitigate the formation of dendrites, which are needle-like growths that app...Read More

Cobalt consumers main victims of Congo's new mining code - analysts

March 08, 2018 / www.mining.com

The Democratic Republic of Congo imminent law that more than double the tax miners operating in the country pay on exports of cobalt, will severely affect buyers of the metal, a key component in the lithium-ion batteries that power electric cars and mobile phones."Given the tight nature of the cobalt market at present, we would expect miners to attempt to pass through higher royalty costs to c...Read More

Swedish Boliden innocent in Chile toxic waste dump case - court

March 08, 2018 / www.mining.com

Swedish mining company Boliden (STO: BOL) won't have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile, a court ruled Thursday.The lawsuit filed in 2013 by around 800 residents of the city of Arica, in northern Chile, alleged Boliden exported 20,000 tonnes of mining waste in the mid-1980s, despite kn...Read More

British Columbia to reform Environmental Assessment Process in the fall

March 08, 2018 / www.mining.com

The government of British Columbia revealed today the timeline that will guide the procedures to reform the province's environmental assessment process.Known by its initials, the EAP is a course of action to predict environmental effects of proposed initiatives, particularly mining and resource extraction projects, before they are carried out. In general, an EAP should identify potential adverse e...Read More

Commentary: Women miners shouldn't be seen as victims - by Leif Brottem (Reuters U.S. - March 8, 2018)

March 08, 2018 / republicofmining.com

https://www.reuters.com/Gold mining in Africa has a bad rap - particularly when it comes to women. Depictions of the trade often focus on poverty, environmental destruction, prostitution and harassment. But in the gold mining belt of Mali, one of the world's poorest countries, the victimization lens does great injustice to the hundreds of women mining alongside men.Women working in the mines would...Read More

The Realest Talk on Gold Right Now - Rick Rule, Amir Adnani - Part 1

March 08, 2018 / www.kitco.com

Mar 09, 2018 Guest(s): Rick Rule Amir Adnani, Chairman, Goldmining Inc. Mining stocks should be trading a lot higher, given that the companies are performing much better than they used to, said Rick Rule, CEO of Sprott U.S. Holdings. Amir Adnani, Chairman of GoldMining Inc., noted that there is a disconnect between gold prices and gold stocks, citing interest in other base metals as a reason....Read More

Kennady Diamonds releases update on Kennady North Project

March 08, 2018 / resourceworld.com

The Kennady Diamonds exploration camp, Northwest Territories. Source: Kennady Diamonds Inc.Winter infrastructure is now in place and two core rigs are fully operational with a total of 990 metres of drilling completed to date. Included in these results are two geotechnical holes and three exploration/delineation holes completed on the Faraday 1-3 kimberlite, with all five holes intersecting kimber...Read More

MGX Minerals releases positive PEA for B.C. magnesium project

March 08, 2018 / resourceworld.com

MGX Minerals project location map. Source: MGX Minerals Inc.The company has filed a technical report which examines the merits of building a conventional quarry pit mine with a processing and furnace/kiln combination to produce a saleable Dead Burn Magnesium oxide (DBM) product along with a caustic-calcined magnesium oxide (CCM) as a separate saleable product."We are extremely pleased with the res...Read More

Victoria Gold arranges $500 million financing for Yukon project

March 08, 2018 / resourceworld.com

Victoria Gold's Eagle Gold Project camp in the Yukon Territory. Source: Victoria Gold Corp.Victoria said it has signed agreements with Orion Mine Finance, Osisko Gold Royalties Ltd. [OR-TSX, NYSE], and Caterpillar Financial Services Ltd. in relation to the financing package.Under the agreement, Osisko Gold Royalties has signed a term sheet with Victoria Gold to acquire a 5% net smelter return roya...Read More

Chinese firm Nextview is poised to complete acquisition of Lithium X Energy

March 08, 2018 / resourceworld.com

The Lithium X Arizaro Project in the Lithium Triangle, Argentina. Source: Lithium X Energy Corp.On December 18, 2017, it was revealed that Nextview is moving to acquire the raw material needed to produce batteries for electric vehicles by scooping up Lithium X Energy in an all-cash deal worth $265 million or $2.61 a share.The deal underscores the high degree of investor interest in lithium, which...Read More

Jim Grant: Bond Bear Market, Inflation, Gold, Junk Bonds, China & Much More

March 08, 2018 / marketsanity.com

Erik Townsend welcomes Jim Grant to MacroVoices. Erik and Jim discuss new Fed governor Powell, treasury yields and how far the FED go before something breaks. They discuss his outlook on inflation, gold, junk bonds, China and the drivers of long term debt cycles. They reflect on History and what happened when the FED did not bail out the banks in 1920 and considerations on what actions the US gove...Read More

Gerald Celente - Bear market-Recession trigger

March 08, 2018 / marketsanity.com

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

High Levels Of Fecal Bacteria Found At Popular Spring Break Beaches

March 08, 2018 / marketsanity.com

TexasBeachWatch.com claims that parts of Corpus Christi Bay and North Padre Island both had high amounts of fecal bacteria in their waters.Continue...Read More

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