Buyers and sellers in the seaborne coking coal market remained on the sidelines on Tuesday November 20 to monitor the effects of Chinese import restrictions that came to the fore last week.The National Development & Reform Commission has put a stop to cargoes clearing customs at ports other than their actual destinations as well as the purchase of imported coal that are loaded before December 15....Read More
The Singapore Exchange (SGX) will launch high-grade iron ore swaps and futures contracts on December 3. Here is a summary of the contracts' specifications:Name: SGX MB Iron Ore cfr China (65% Fe Fines) SwapsTicker symbol: M65Contract size (one lot): 500 metric tonnesTrading hours (Singapore time)*: T session: 7.25am-8.00pmT+1 session: 8.00.01pm-4.45amLast trading day: 7.25am-8.00pmNote: After the...Read More
China's ferrous futures fell during morning trading on Tuesday November 20 amid bearish sentiment that had spilled over into the physical steel markets in recent weeks, sending domestic prices downward. Futures closing prices - morning session Shanghai Futures Exchange January rebar: 3,769 yuan ($543) per tonne, down 67 yuan per tonneJanuary hot-rolled coil: 3,588 yuan per tonne, down 13 yuan per...Read More
Base metals on the London Metal Exchange were predominantly lower during morning trading on Tuesday November 20, with most metals trading in narrow ranges while global trade tensions and depleting LME stocks deter investors. Falling furthest over the morning, copper shed 0.5% of its three-month price over the morning, but remains well supported above $6,200 per tonne due to a recent slew of stock...Read More
Members of the European Parliament (MEPs) and the European Union Council of Ministers have reached a provisional agreement on a limit for cadmium content in phosphate fertilizers sold within the EU.Under the agreement, which has yet to be confirmed by the full European Parliament and Council of Ministers, cadmium content should be capped at 60 milligrams per kilogram of fertilizer from the d...Read More
Researchers from Colorado School of Mines have been awarded $2 million in funding from the U.S. Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) to develop catalytic membrane reactors that could significantly improve the efficiency of both ammonia production and its utilization."Ammonia, primarily used as a fertilizer, is essential for sustaining an estimated 3 billion peop...Read More
Colorado School of Mines' new cohort of University Innovation Fellows is focused on finding ways to increase connections among Mines students with similar interests outside the classroom.Miguel Moreira, Anastasia Sjahputera, Jake Ropson and Keenan Urmann were among the 358 students from 96 universities in 16 countries who completed UIF training this fall. Run by Stanford University's Hasso Plattne...Read More
Chinese buyers have been reluctant to commit to long-term contracts for cobalt raw materials for 2019 during this year's mating season, Fastmarkets has learned.Year-long or multi-year commitments are traditional, but Chinese buyers now intend to purchase cobalt raw materials, including concentrates and hydroxide, on a spot basis, because there is adequate spot supply and because their profit margi...Read More
The latest selenium transactions, bids, offers and assessments in Europe reported to Fastmarkets MB.Unless otherwise stated, all prices are per lb on an in-warehouse Rotterdam basis. Delivered prices are netted back.To view the latest price quotation, click here.To see all Fastmarkets pricing methodology and specification documents go to https://www.metalbulletin.com/prices/pricing-methodology.htm...Read More
Jittery stock markets and ongoing disappointment over United States/China trade developments continued to put either a cap on the base metals - the exception being tin that broke higher at the start of this week - or keep them under pressure, in the likes of nickel and aluminium.The three-month base metals prices on the London Metal Exchange were on divergent paths this morning, Tuesday November 2...Read More
Vancouver-based Bonterra Resources (CVE: BTR) is continues its drilling program of at the Gladiator gold property and has extended the known mineralization to both the east and west. The property is in the Urban-Barry camp, 170 km northeast of Val d'Or, Quebec.The project includes the Gladiator deposit and the Duke claims about 200 metres north of the most northerly Gladiator zone. Drilling at...Read More
Vancouver-based Canarc Resource (TSX: CCM) just bought the Corral Canyon gold exploration project in northwestern Nevada through the staking of 92 mining claims. The Vancouver-based miner now owns 100% of the project with no underlying royalties.According to Canarc, the 742-hectare project lies along a regionally productive gold trend that includes the past producing high-grade Sleeper gold mine,...Read More
Yellowknife, NT - Diavik Diamond Mine has been awarded the Northwest Territories Mining and Exploration (MAX) Special Achievement Award for the design, construction and operations of its dikes and its contribution as a joint venture partner to the Tibbitt to Contwoyto Winter Ice Road.The NWT MAX awards are a partnership between the NWT & Nunavut Chamber of Mines and the GNWT's Department of Indust...Read More
Vancouver, British Columbia - Precipitate Gold Corp. (TSXV: PRG) (the "Company" or "Precipitate") is pleased to announce it has appointed Mr. Mejico Angeles-Lithgow as an advisor and consultant to the Company.Mr. Angeles-Lithgow is a Dominican national who, until March 2018 held the position of President and Executive Director of the Barrick-Pueblo Viejo mining operation in the Dominican Republic,...Read More
"Why are #BritishColumbia, #Ontario, #Saskatchewan, #NorthwestTerritories and #Nevada the most secure choice for #mininginvestors? Find out in the #MiningJournal #WorldRiskReport: https://t.co/iXlsSr9ABt #mining"Read full newsRead More
"Two big exploration stories to start this week. @SolGold_plc has doubled its contained #copper at Alpala and @GreatlandGold landed a 275m, 4.77g/t #gold drill hole. Read both stories here: https://t.co/KH2VnsjEPq"Read full newsRead More
It's not different this time, it never has been. The historical script: Bulls take everything to ever more extremes and keep raising target prices along the way ignoring the technical charts ...Read full newsRead More
The project is part of an industrial scheme aimed at opening up Saudi's north to development that will boost job creation.Read full newsRead More
Chinese and Canadian authorities have approved the Chinese miner's bid to buy Canada's Nevsun Resources.Read full newsRead More