U.S. equity indices moved higher this morning. S&P 500 futures advanced 9 points in pre-opening trade.Traders are waiting for news from the FOMC meeting to be released at 2:00 PM EDT. The Federal Reserve is expected to maintain the Fed Fund rate at 2.50%.Index futures were virtually unchanged following release of the ADP Private Employment Report released at 8:15 AM EDT. Consensus was an incre...Read More
Benchmark prices for cobalt metal continued to recover through April 2019, although lackluster gains for cobalt sulfate were a sign of continued oversupply at points along the supply chain.Price movesThe benchmark standard-grade cobalt prices showed a month-on-month increase in April for the first time since October, with consumers and traders starting to restock, and producers facing less urgency...Read More
The following Fastmarkets minor metals prices changed on Wednesday May 1:Minor metalsCobalt MB free market alloy grade, $/lb: $17-18 per lb from $17-17.80Cobalt Sulfate, Co...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Key data from the Wednesday May 1 pricing session in Europe.Key drivers The European ferro-titanium held at present prices for the third week in a row, with scrap markets steady for the second consecutive week, while supply worries underpinned market sentiment in the week to Wednesday May 1.There is no sign of a return to production at UK producer FE Mottram after a fire at the company's plant in...Read More
AMG Advanced Metallurgical Group recorded a modest increase in earnings before interest, tax, depreciation and amortization (Ebitda) at its Critical Materials division for the first quarter of 2019, helped by strong performances in vanadium, chrome and antimony. The division generated Ebitda of $31.2 million, up 1% compared with the first quarter of 2018, the Amsterdam-listed group said on Wednesd...Read More
Think about the last five years...Can you recall an unexpected event that led to financial stress? Maybe a health crisis, layoff, leaky roof, or unexpected car repair.You're not alone. Approximately two-thirds of U.S. households experience an unexpected event that negatively impacts their financial wellbeing, according to Pew research.So it's no wonder the most common cause of money stress is the...Read More
The latest ferro-tungsten and ammonium paratungstate (APT) transactions, bids, offers and assessments in Europe, Vietnam and China, with blue tungsten oxide (BTO) and yellow tungsten oxide (YTO) deals taken into consideration.To view the latest price assessments, please follow the links below: China - APT, fob China- Ferro-tungsten,...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below: Europe - Ferro-vanadium, delivered duty-paid in Europe, $ per kg V - Vanadium pentoxide, in-warehouse Rotterdam, $ per lb V2O5 China...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday May 1:Aluminium scrapGroup 1 pure 99% & litho: ?1,260-1,310 per tonne from ?1,300-1,350Clean HE9 extrusions: ?1,260-1,310 per tonne from ?1,300-1,350Loose...Read More
Researchers from three states currently grappling with water contaminated with poly- and perfluoroalkyl substances (PFASs) are joining forces to tackle one of the biggest remaining questions facing communities who have found the toxic chemicals used in firefighting foam, nonstick cookware and water-repellent clothing lurking in their water supply. When PFASs contaminate a drinking water source,...Read More
One of the missions of the Colorado Geological Survey (CGS) is to better understand the various geological risks that the citizens of the state face. While not seen as a seismically active region by most people, Colorado does have its share of historical earthquakes and faults. The state has over 90 mapped fault traces that are considered potentially hazardous. One of these faults, the Cheraw faul...Read More
Another year, another doubling of resources: since launching a drill campaign on the Cascabel project in northern Ecuador in 2013, SolGold (TSX: SOLG; LON: SOLG) has steadily converted hints of copper-gold mineralization at surface into 2.1 billion indicated tonnes grading 0.41% copper and 0.29 gram gold per tonne, or 0.60% copper equivalent (at a 0.2% copper-equivalent cut-off), plus 900 million...Read More
Eskay Creek in British Columbia's Golden Triangle was at one time the world's highest-grade gold mine before Barrick Gold (TSX: ABX; NYSE: GOLD) finally shut it down in 2008 due to low gold prices. The underground mine produced 3.3 million oz. gold and 160 million oz. silver at average grades of 45 grams gold per tonne and 2,224 grams silver over its 14-year mine life.Now Skeena Resources (TSXV: S...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSXV: PERU; US-OTC: CHKKF) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending $8 million to buy 15.69 million Chakana shares at 51 ? per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km...Read More
How to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixWhite Gold Corp a force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumAltech ticks boxes on path to production SPONSOREDaltech chemicalsI think I may have mentioned previously that I was late coming to Game of Thrones.Read More
The World Bank launched the Climate-Smart Mining Facility on Friday, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable.The fund will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles.The World Bank is targeting a total...Read More
St George Mining Ltd is in talks with a Chinese battery manufacturer that is interested in buying a stake in the Australian nickel producer, Executive Chairman John Prineas said on Wednesday.The interest from the Chinese company, which Prineas declined to identify, underscores the massive appetite for minerals used to make electric vehicle batteries. Nickel is a key ingredient used to make battery...Read More
Bonterra Resources of Val d'Or, Quebec, is nearing the completion of the environmental impact assessment for increasing the throughput of its Urban-Barry mill located near Val d'Or. Capacity will be tripled to 2,400 t/d from 800 t/d.The company is creating a regional mill that will process ores from its satellite deposits, likely starting with the Barry and Moroy projects.Bonterra has two engineer...Read More
One of the largest gold mining companies in the world has taken a shine to Chakana Copper (TSV: PERU) and its Soledad project in Peru. Gold Fields (NYSE: GFI) is spending C$8 million to buy 15.69 million Chakana shares at C$0.51 per share for a 16.14% stake in the junior.The proceeds will be used to advance exploration and development of the Soledad copper-gold-silver project, 260 km northwest of...Read More