Supply tightness pushed European antimony prices higher again over the past week, while the Chinese market was quiet with most consumers adopting a wait-and-see stance following the break for Chinese New Year.The European antimony market strengthened again this past week, with many sellers reluctant to part with material ahead of any further increases prompted by recovering Chinese demand. But som...Read More

Base metals traded on the London Metal Exchange are for the most part weaker this morning, Monday March 5, with the complex down by an average of 0.4%.Nickel leads on the downside with a 1.1% fall, copper prices are down by 0.4% at $6,887 per tonne and tin is the only metal where prices are higher, up by 0.2% at $21,595 per tonne.Volume has been high with 10,045 lots traded as of 07.30am London ti...Read More

A high availability of scrap put pressure on European floated frag and cast prices on Friday March 2, with Metal Bulletin's assessments dropping for the first time since September 15, 2017. Metal Bulletin's prices for floated frag for delivery in Europe, fell to ?,?1,280 -1,310 ($1,577-1,614) per tonne in Friday's assessment from ?,?1,300-1,330 per tonne seven days earlier, while European cas...Read More

The British government has delayed a decision on whether to allow a new open pit coal mine in Northumberland, in the country's north east, without elaborating on the reasons that motivated such decision.The county's council granted permission in 2016 to developer The Banks Group to build its Highthorn surface mine, slated to extract 3 million tonnes of coal near Druridge Bay.But the minister for...Read More

West Africa-focused Stellar Diamonds (LON:STEL) posted Monday a deeper first-half loss due to an increase in costs of developing its Tongo-Tonguma project in eastern Sierra Leone.Delivering interim results for the six months to Dec. 31, chief executive Karl Smithson said market conditions for junior miners attempting to raise funds remained "extremely difficult."The executive noted the company, wh...Read More

Australia's Lucapa Diamond (ASX:LOM) said Monday it had achieved gross proceeds of $1.7 million (A$2.1 million) from selling 2,072 carats recovered at its prolific Lulo mine in Angola.The sale, the second this year, included a 1.9-carats vivid pink diamond and a 44-carats rock, the largest in the parcel.The figure obtained represents an average price per carat of $804, the company said, adding tha...Read More

https://www.reuters.com/TORONTO (Reuters) – Lundin Gold Inc has a hearty appetite for growth even as the Canadian miner focuses on building its first mine in Ecuador on time and budget, Chief Executive Ron Hochstein said on Sunday."We want to grow to be an at least 1-million-ounce-a-year producer with three to four operations," Hochstein said in an interview with Reuters at the Prospectors a...Read More

The International Atomic Energy Agency has launched the first regional training course in the Middle East on pressurised water reactors (PWRs). In cooperation with the University of Sharjah, in the United Arab Emirates, the course took place between 19 and 23 February and brought together more than 20 participants from eight IAEA Member States at the university's College of Engineering.A course pa...Read More

Ron Paul discusses trade, tariffs and the market.Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and in...Read More

Stephen Stanley, chief economist and Xavier Negroni, co-head of the finance desk at Amherst Pierpont Securities, joins the Grant's team to try and make sense of the jump in short rates, while speculating on the Fed's next move.2:17 The mighty dollar is getting no respect6:48 The Feds Powell debuts in front of congress8:30 What are credit spreads telling us?11:15 "Investors have lots of choices"17:...Read More

Despite what President Trump said, history is quite clear about what major tariffs like Smoot Hawley https://en.wikipedia.org/wiki/Smoot%E... and other similar attempts at taxing imported goods can do to both trading partners and to the global economy as a whole. Read More

The tax system is setup to reward those that save. But half of the country doesn't have any money saved so that is a tiny problem. Continue...Read More

TORONTO (miningweekly.com) – Global mining exploration budgets are expected to swell about 20% this year, bolstered by the generally positive trend in metals prices extending into early 2018, a new report by S&P's Global Market Intelligence has found.Global spending on the search for nonferrous metals rose 15% year-on-year in 2017 to an estimated $8.4-billion, compared with $7.3-bill...Read More

Mar 07, 2018 Guest(s): Randy Smallwood Wheaton Precious Metals remains focused on accretive acquisitions for the coming year, and the main criteria they have in selecting potential targets is the quality of the assets, said Randy Smallwood, CEO of Wheaton Precious Metals."That's really what we have to focus on, is how good are the assets themselves. Does it have good margins? Because not only w...Read More

Mar 07, 2018 Guest(s): Rob McEwen We are entering the early stages of a commodities cyclical bull market that could last another 10-12 years, said Rob McEwen, Chairman of McEwen Mining."This is an oversold sector, it's very depressed, and we're coming into t a cyclical upturn in commodities," McEwen told Kitco News on the sidelines of the PDAC 2018.McEwen noted that while some of the major mine...Read More

We are only a little over one year into the Donald's Presidency and what we know most for sure is that our new President loves debt. Not onlyContinue...Read More

RAPAPORT... Easyfairs has partnered with the Federation of BelgianDiamond Bourses (FBDB) and the Antwerp World Diamond Centre (AWDC) to presentthe upcoming Carat+ show.  "This partnership allows us to associate the Antwerp diamondsector and its organizations to an already successful Carat+ trade-showconcept," Dirk Oosterlinck, managing director of Easyfairs, the event's organizer, said Sunday...Read More

The bill would require all internet-enabled devices sold in Rhode Island to be installed with "a digital blocking capability that renders inaccessible sexual content and/or patently offensive material." Continue...Read More

So President Trump confirmed, last week, that from later this week, he will formally introduce a blanket tariff on steel imports, at 25%, and aluminium, at 10%.Both tariffs are in fact higher than those recommended by the DOC (Dept. of Commerce). In return, he stated to a number of metal manufacturers Thursday (March 1) "You'll have to regrow your industries; that's all I'm asking". To be fair to...Read More

Trump's protectionist trade agenda rocked the markets late last week as he announced his intention to impose tariffs on foreign steel and aluminum. The steel tariff is expected to be a hefty 25%, while the aluminum tariff is to be 10%. The tariffs are expected to go into effect as early as this week, and, as per Trump, "are expected to last a long time." This is not great news for Stelco Holdings...Read More