Recent News

Sandvik invests $25 million to boost use of metal 3D printing

February 06, 2018 / www.mining.com

Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) is investing 200 million Swedish crowns (about $25 million) in a new titanium and nickel metal powder plant to strengthen its position in the metal 3D printing market.3D printing, also known as additive manufacturing, is a process of making three-dimensional solid objects from a digital file. The technique, already popular in aeros...Read More

PRICING NOTICE: Conclusions from Metal Bulletin's consultation on amendments to its international cobalt price specifications

February 06, 2018 / www.metalbulletin.com

Metal Bulletin has reviewed the feedback received as part of its consultation on amendments to its international cobalt price specifications, launched on November 27, 2017. Feedback on stage one of the consultation was invited by Friday January 12. Broadly, Metal Bulletin's aims for stage one of the consultation were as follows:To gather feedback on the proposed removal of brands that are no longe...Read More

PRICING NOTICE: Metal Bulletin widens cobalt price specifications review

February 06, 2018 / www.metalbulletin.com

In light of feedback received as part of the consultation on its international cobalt price specifications, Metal Bulletin is seeking additional input from those active in the cobalt market. Initial feedback was sought between Monday November 27, 2017, and Friday January 12, 2018. Full details of the November 2017 cobalt pricing consultation are here.Click here to review the findings of the origin...Read More

INTERVIEW: Cobalt market needs representative pricing for intermediates - Southgate

February 06, 2018 / www.metalbulletin.com

The cobalt market needs to find a way to price intermediate products while their share of the overall market grows, Eurasian Resources Group's head of strategic cobalt marketing Tony Southgate told Metal Bulletin. Intermediates production will continue to outpace metal production, driven by battery sector growth in particular, Southgate predicts. "The preferred feed into the battery sector is inte...Read More

INTERVIEW: Cobalt boom 'guaranteed' for 7-10 years - ERG's Southgate

February 06, 2018 / www.metalbulletin.com

Cobalt's boom days will continue for the next seven to 10 years amid strong demand from the electric vehicles sector as well as traditional cobalt consumers, according to Eurasian Resources Group (ERG) executive Tony Southgate. "Our view is that the cobalt boom is guaranteed for the next seven to 10 years," Southgate, head of strategic cobalt marketing at the Kazakh mining group, told Metal Bullet...Read More

PEOPLE MOVES: Frank Arm joins Jadis Additiva as head of sales

February 06, 2018 / www.metalbulletin.com

Frank Arm, Retorte's former head of sales, has joined Jadis Additiva, Metal Bulletin has learned. Arm, who left Retorte in January after eight years at the German selenium producer, joined Jadis Additiva on February 1 as its heads of sales premixes and specialties. Jadis...Read More

EU stainless steel market hopes for higher margins in 2018, Damstahl says

February 06, 2018 / www.metalbulletin.com

The European stainless steel market will hope to improve profit margins across the supply chain in 2018, amid strong order books and robust market activity, Danish distributor Damstahl said last week.Buyers will have to accept higher prices but the "outlook is promising" with European economies gaining momentum, Damstahl said.Metal Bulletin's weekly base price assessment on Friday February 2 for 2...Read More

French special steel JV Ascoval to continue production during buyer search [UPDATED]

February 06, 2018 / www.metalbulletin.com

Ascoval, a joint venture between the recently sold Ascometal and French tube and pipe producer Vallourec, will continue production while the company finds a buyer, a spokesman for Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) told Metal Bulletin late on Monday February 5.The future of Ascoval, located in Saint-Saulve, Northern France, was put in doubt when majority shareown...Read More

Northern Ontario cities make a grab for the chromite ring - by Ian Ross (Northern Ontario Business - February 6, 2018)

February 06, 2018 / www.republicofmining.com

https://www.northernontariobusiness.com/Ring of Fire developer Noront Resources receives community bid packages for smelter projectFeb. 2 was D-Day for four Northern Ontario cities to make their best pitch in vying for a Ring of Fire ferrochrome processing plant. That was the deadline Noront Resources marked on the calendar for Sault Ste. Marie, Sudbury, Timmins and Thunder Bay-Fort William First...Read More

"Gold Will Be Overnight Success, 30 Years In Making," Says Vince Lanci

February 06, 2018 / www.kitco.com

Feb 07, 2018 Guest(s): Vince Lanci Gold has been "benignly ignored" during the recent equities selloff, according to one veteran trader. "Gold is being purely a proxy for the dollar, which is commanding more demand by people in a panic," Vince Lanci, founder of Echobay Partners, told Kitco News.According to the trader, the yellow metal will likely soar "overnight, 30 years in the making," meani...Read More

Ignore The Noise, Gold Is In A Bull Run - Expert

February 06, 2018 / www.kitco.com

Feb 07, 2018 Guest(s): Bill Baruch President, Blue Line Futures Gold was off to a good start this year but has not rallied in the face of recent volatility in equity markets. Bill Baruch, president of Blue Line Futures, said that a lot of gold's rally in the new year was due to seasonal factors. "Ultimately, I do feel that there is a seasonal play," Baruch told Kitco News, "people look for that...Read More

Indonesia and IAEA strengthen cooperation

February 06, 2018 / tinyurl.com

The International Atomic Energy Agency (IAEA) and Indonesia signed a practical arrangement yesterday to promote nuclear science and technology, and to strengthen technical cooperation among developing countries. Amano and Nasir at the signing of the practical arrangement (Image: IAEA)The agreement - aimed at strengthening the existing cooperation between the IAEA and Indonesia - was signed in Ja...Read More

RERUN: Rich Dad Author Says The Next Financial Crash Will be Like an "Avalanche"

February 06, 2018 / www.kitco.com

Feb 07, 2018 Guest(s): Robert Kiyosaki For bestselling author Robert Kiyosaki, crashes, debt and taxes are the secret to how the rich are getting richer, so is 2018 setup to deliver?"I hope so," said Kiyosaki the author of Rich Dad, Poor Dad and his latest, How the Rich are Getting Richer. And with the stock market continuing to hit all-time highs, Kiyosaki said the next financial crash is "imm...Read More

Should we Restore the Gold StandardShould

February 06, 2018 / www.bullionstar.com

This blog post is a guest post on BullionStar's Blog by the renowned blogger JP Koning who will be writing about monetary economics, central banking and gold. BullionStar does not endorse or oppose the opinions presented but encourage a healthy debate. Would it make sense to rebuild an international gold standard like the one we had in the late 1800s? Larry White says the idea has merit, Davi...Read More

Schiff: Trump's Bubble Paving Way For Ultra-Leftist Win in 2020

February 06, 2018 / marketsanity.com

Peter Schiff on Info Wars with Alex Jones talking about Donald Trump, the market crash, the Fed, Clinton, Obama, and the economy on February 6th, 2018Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major econom...Read More

Biggest Ever Debt & Dollar Crisis Coming- Peter Schiff

February 06, 2018 / marketsanity.com

"It's just like the 2008 financial crisis, people didn't understand what was coming. I did."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the...Read More

Paul Craig Roberts: Plunge Protection Team Saves Equity Markets Again?

February 06, 2018 / marketsanity.com

After the extraordinary sudden loss in equity values, today (2-6-18) brought gains back to the stock indices.Continue...Read More

Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says

February 06, 2018 / marketsanity.com

According to Goldman Sachs Group Inc.'s global head of investment research, the collapse in the prices of cryptocurrencies over the past month could get Continue...Read More

Oil World Turns Upside Down as U.S. Now Selling Oil to Middle East

February 06, 2018 / marketsanity.com

The American shale industry refused to break and is now in a such a strong position that the US is actually selling oil to the U.A.E.Continue...Read More

De Beers eyes Zimbabwe, Congo after gaining South African permits

February 06, 2018 / www.miningweekly.com

NAIROBI – De Beers may follow its resumption of exploration for diamonds in South Africa’s Northern Cape by looking in the longer term at opportunities in countries like Zimbabwe and the Democratic Republic of Congo."I’m excited about what I’m seeing in Zimbabwe," said Phillip Barton, chief executive officer of De Beers’ South African unit. "If we get l...Read More

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