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Spotify's Palestinian launch puts local artists on the map

November 22, 2018 / www.kitco.com

BETHLEHEM, West Bank (Reuters) - Palestinian musicians are fast reaping dividends from their presence on Spotify, which launched its internet streaming service in the Middle East and North Africa last week.“The Arab hub provides a unique platform that brings the full spectrum of Arab culture and creativity, past and present,” said Suhel Nafar, a musician from the Israeli city of Lod wh...Read More

'The Vagina Monologues' cancelled .... because 'not all women' have one

November 20, 2018 / marketsanity.com

They concluded that equating having a vagina with being a woman is not an accurate display of womanhood today, suggesting that The Vagina Monologues Continue...Read More

Thanksgiving a 'celebration' of 'genocide,' say student groups

November 20, 2018 / marketsanity.com

"Millions of families gather together every year to celebrate Thanksgiving in the United States. Many Americans do not grow up thinking much of the history behind the holiday," Continue...Read More

ITALY HBI: Market weakens on falling HRC prices, low demand

November 23, 2018 / www.metalbulletin.com

The import price for hot-briquetted iron (HBI) in Italy decreased in the week ended Thursday November 22 due to softer prices for hot-rolled coil and low demand, sources have told Fastmarkets.Fastmarkets' import price assessment for HBI in Italy decreased to $315-330 per tonne cfr on November 22, from $345-350 per tonne cfr a week before."The workable HBI price for us depends on how strong the HRC...Read More

Mohamed El-Erian: 'Artificial period' where 'everything was going up' is ending

November 20, 2018 / marketsanity.com

"We've come from a very artifical period where everything was going up, and we need to go back to a more normal period."Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's largest bond funds in the world. Dr. El-Erian also served as a mem...Read More

Marathon Gold hits more high-grade intercepts in Newfoundland

November 22, 2018 / www.mining.com

Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres...Read More

CIS PIG IRON: Prices fall in line with weak raw materials, HRC markets

November 23, 2018 / www.metalbulletin.com

The price of pig iron exports from the Commonwealth of Independent States has fallen over the past seven days due to weak prices both for raw materials and for finished steel products, Fastmarkets heard on Thursday November 22.Fastmarkets' CIS export price assessment for high-manganese pig iron went down to $355-365 per tonne fob Black Sea on Thursday, from $365-370 per tonne a week before."The ma...Read More

Congo's 9-month copper output up 8.7$, cobalt nearly doubles

November 22, 2018 / www.mining.com

Copper output in Democratic Republic of Congo rose 8.7 percent year on year through the first nine months of 2018 to 908,695 tonnes while cobalt production jumped 92.5 percent to 115,116 tonnes, the central bank said on Thursday.Congo is Africa's top copper producer and the world's leading miner of cobalt, which is a key component in electric vehicles and other electronic products.Gold production...Read More

How Saudi Arabia could reward Trump's support on the Khashoggi crisis

November 21, 2018 / marketsanity.com

On 16 November 2018, the Washington Post and other news media reported that the CIA had concluded Saudi Crown Prince Mohammed bin Salman ordered Khashoggi's assassination. Continue...Read More

SolGold CEO excited by prospects for Ecuadorian copper-gold

November 22, 2018 / www.mining.com

SolGold's coveted Ecuadorian copper-gold prospect may be 20 percent bigger than the mining group said earlier this week, its chief executive Nick Mather said on Thursday.SolGold, in which Mather has a near 5 percent stake, said on Tuesday that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017."We think there's still 20...Read More

Goldman Chairman Lloyd Blankfein Met Privately With Fugitive Accused in Malaysian Fraud

November 22, 2018 / marketsanity.com

Lloyd Craig Blankfein is an American investment banker who has served as chairman of Goldman Sachs since 2006, and chief executive from 2006 until September 2018.Continue...Read More

Saudi Arabia says new mining project to increase non-oil GDP by 3%

November 22, 2018 / www.mining.com

Saudi Arabia's King Salman on Thursday inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's gross domestic product by 24 billion riyals ($6.4 billion) and its non-oil GDP by around 3 percent.The kingdom will invest 85 billion riyals in the project, a 440-square-km (150-square-mile) city for mining industries in the northern region, the Ministry of Energy, Indust...Read More

White House Authorizes Lethal Force At The Border

November 21, 2018 / marketsanity.com

The order would allow "Department of Defense military personnel" the right to "perform those military protective activities that the Secretary of Defense determines Continue...Read More

DAILY SCRAP REPORT: European cargo trade sends prices down sharply

November 23, 2018 / www.metalbulletin.com

Turkish steel producers have resumed their deep-sea scrap purchases after getting lower prices from Europe, sources said on Thursday November 22.The mills in the country were looking for lower prices for scrap because of their fears of renewed product outflows from China and consequently weakening prices for rebar.A steel mill broke the...Read More

Weddings boost Indian demand; activity muted in other hubs

November 22, 2018 / www.mining.com

Physical gold demand in India was robust this week as consumers stepped up purchases during the traditional wedding season after domestic rates slipped to a near six-week trough, while gains in global prices weighed on bullion's appeal in other Asian hubs.Demand in India, the second biggest gold consumer after China, usually picks up towards the end of the year going into the wedding and festival...Read More

Maverix Metals raises guidance for 2018

November 22, 2018 / www.mining.com

Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.In the third quarter, Maverix recorded attributable gold-equivalent ounces sold of 6,195 ounces, and in the nine months ended Sept. 30, the company's total attributable gold-equivalent production reached 15,236...Read More

Sibanye shuts gold mines in South Africa as strike turns violent

November 22, 2018 / www.mining.com

South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More

RioZim demands $92m from the Reserve Bank of Zimbabwe

November 22, 2018 / www.mining.com

Zimbabwean miner RioZim is suing the country's Reserve Bank for $92 million, in a move intended to force it pay for more of its gold purchases from the company in US dollars.The company operates three gold mines, a nickel refinery and holds a minority stake in the Rio Tinto-run Murowa Diamonds. RioZim claims the bank is not paying enough for its products in American currency, as promised, which...Read More

Walker River Resources starts drilling at Lapon Canyon gold project in Nevada

November 21, 2018 / www.mining.com

Vancouver- based Walker River Resources (TSXV: WRR) has announced that it has just started a drilling program at its Lapon Canyon gold project in Nevada.Located 60 kilometres southeast of Yerington in the Wassuk Range, the project consists of 96 claims that occupy 1,940 acres.In a media statement, Walker River said that this winter drilling campaign will focus on infill and expansion of the Lapon...Read More

TURKEY STEEL BILLET: Prices driven down by negative sentiment, falling scrap costs

November 23, 2018 / www.metalbulletin.com

Steel billet prices in Turkey have softened further this week under the influence of the negative sentiment created by falling prices for scrap and China-origin steel, sources said on Thursday November 22.Fastmarkets' weekly price assessment for billet imports into Turkey was $460-465 per tonne cfr on Thursday, down from last week's $475-480 per tonne.The suppliers in the CIS region have reduced t...Read More

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