The manganese flake market is one of the most volatile markets today and will remain so for the near future, Arnaud Vigier, the vice president for manganese alloys sales at Eramet, told delegates of Fastmarkets' International Ferro-alloys conference in Lisbon on November 11-13. Manganese flake prices started 2018 at $1,800-1,950 per tonne and have been moving upward for most of the year mainl...Read More
The Colorado School of Mines Dance Team has been awarded the Mayor's 2018 Gold Mine Award for Excellence.The student group was one of four award winners at the City of Golden Mayor's 2018 community celebration on Oct. 30. The Gold Mine Award recognizes contributions to the betterment of Mines and the Golden community. Specifically, the dance team was honored "for their contribution to the Golden...Read More
The European stainless steel market was stable this week, but with prices remaining depressed because of competition among sellers, Fastmarkets heard on Friday November 16.Imported material continued to arrive from Asia and combined with domestic materials to give consumers a glut of purchasing options.But although it remains a buyers' market, prices have not moved any lower...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday November 16:Aluminium scrapFloated Frag: ?,?1,000-1,050 per tonne from ?,?990-1,050Mixed turnings...Read More
Asia ferrous scrap prices are still falling this because because of weak demand from steel mills and ample supply from various origins.There were further price falls in the key import markets of Taiwan and Vietnam falls across most grades of heavy melting scrap, with containerized prices for Vietnam matching that of Taiwan.Vietnamese containerized ferrous scrap prices typically fetch a premium of...Read More
Good morning from Fastmarkets MB's offices in Asia as we bring you the latest news and pricing stories on Friday November 16.Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Friday, with zinc, copper and tin registering gains while the rest of the complex weakened.Check Fastmarket MB's live futures report here. The availability of copper scrap units in...Read More
OceanaGold (TSE: OGC) is interested in buying Bravada Gold Corporation's (TSXV: BVA) low-sulfidation Highland gold/silver project, located within the Walker Lane Gold trend in western Nevada, USA.Both companies have signed a letter of intent which stipulates that Oceana has until December 15, 2018, to accept the opportunity of earning up to 75% interest in the project.In detail, Oceana may earn a...Read More
Canadian miner Lundin confirmed on Friday it was cutting 106 jobs at its Candelaria copper mine in Chile to "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.The job cuts represent less than 2 percent of the operation's workforceIn a statement sent to Reuters, the company said the job cuts represented less than 2 percent of the operation's workforce,...Read More
SANTIAGO - Chile's state copper agency Cochilco lowered its average copper price prediction for this year by $0.03 to $2.97 per pound on Thursday in its second negative projection in six months.Cochilco also lowered its 2019 price projection to $3.05 per pound from the $3.10 it predicted in July, saying there would be a continued depression in appetite for the metal because of U.S.-China trade ten...Read More
It is expected that companies may choose to use the updated guidance starting January 1, 2019.Read full newsRead More
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"Our 2018 World Risk Report gives investors a clear insight into the risks facing miners in different jurisdictions. Learn more about it and see what has changed since 2017 here: https://t.co/nnscYZYjIT"Read full newsRead More
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SINGAPORE, Nov. 15, 2018 /PRNewswire/ -- On November 15, 2018, the global gold industry blockchain alliance, Goldlinks, announced the conclusion of a strategic partnership with Erd Khul LLC, a gold mine in Mongolia.The tie-up is the latest in a succession of important partnerships for Goldlinks, andRead full newsRead More
Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold inv...Read full newsRead More
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