The European ferro-molybdenum market, which climbed almost 2.5% in trading a week ago, has pared gains since Friday in line with a drop in demand.Suppliers said there is plenty of alloy available if needed amid negligible levels of consumer demand and they have cut their offer prices as a result.The ferro-molybdenum, basis 65%, in-warehouse Rotterdam price has dropped 20 cents to $29.20-29.40 per...Read More
Key data from the Wednesday December 12 pricing session in Europe. Key drivers European suppliers booked several sales in the past week, narrowing the price range to 50 cents.European market sources said there was downward market pressure from Russian suppliers, but those suppliers have reported doing deals around the middle of the current European price range.European market expected to be stabl...Read More
The not-so-rare metals are needed for the powerful permanent magnets in motors and batteries, with up to 5kg of neodymium and praseodymium (NdPr) batteries in each car.With EV take-up f...Read More
The European ferro-molybdenum market, which climbed almost 2.5% in trading a week ago, has pared gains since Friday in line with a drop in demand.Suppliers said there is plenty of alloy available if needed amid negligible levels of consumer demand and they have cut their offer prices as a result.The ferro-molybdenum, basis 65%, in-warehouse Rotterdam price has dropped 20 cents to $29.20-29.40 per...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), announces that Mrs. Nikki Mayer has resigned as a director, Chief Financial Officer and Corporate Secretary of the Company to pursue other opportunities. Mrs. Mayer added, "After 2 years, I am stepping down as the Chief Financial Officer of Peekaboo Beans. I would personally like to thank th...Read More
Mining Journal caught up with CEO Peter Steenkamp in Johannesburg to talk about these operations, the outlook for 2019 and his thoughts on operating in South Africa and the new mining c...Read More
Dynacor Gold Mines Inc. (TSX: DNG; OTC: DNGDF) says its October gold production results were the best monthly gold production results in 2018.In October, the Corporation produced 7,352 ounces of gold, a 11% monthly average increase from the previous nine months. The total amount of ore purchased in October also increased by 11% compared to the average of the previous nine months.Dynacor, the...Read More
Gold futures settled higher on Wednesday, scoring their first gain in three sessions after data showed U.S. inflation remained flat in November and the dollar took a dip after strengthening over the last two sessions. Gold for February delivery GCG9, -0.01% on Comex rose $2.80, or 0.2%, to settle at $1,250 an ounce, while March silver SIH9, -0.21% added 22.3 cents, or 1.5%, to $14.851 an ounce....Read More
Wayne ColePublished 20 Hours AgoReuters politics@* Asian stock markets : https://tmsnrt.rs/2zpUAr4* Trump says trade talks ongoing with China, could act on Huawei* Asia markets push higher, Europe stocks seen starting firmer* Pound hits 20-mth low as British PM risks party challenge* Oil prices bounce after big draw in stockpilesSYDNEY, Dec 12 (Reuters) - Asian stock markets rallied on Wednesday a...Read More
SilverCrest Metals Inc. (TSX.V: SIL) (NYSE: SILV) recently announced that SSR Mining Inc. ("SSR") has agreed to purchase 8,220,645 common shares of the Company at a price of $3.73 per share for a total investment of $30,663,006 in a non-brokered private placement financing. After giving effect to the private placement, SSR will own 9.9% of the outstanding common shares of Silve...Read More
Barkerville Gold Mines Ltd. (TSX.V: BGM) announced drilling results from 2018 Cow Mountain exploration and category conversion program at the Company's flagship Cariboo Gold Project. The drilling results demonstrate continuity of high-grade gold mineralization within vein corridors and extensions down dip and down plunge. A total of 63,970 meters were drilled on Cow Mountain during the...Read More
CloseGain/LossGold $1245.90+$2.90Silver$14.74+$0.19XAU68.64+2.31%HUI156.76+2.58%GDM567.53+1.60%JSE Gold1273.45+30.72USD97.02-0.40Euro113.66+0.44Yen88.34+0.12Oil$51.15-$0.5010-Year2.914%+0.035T-Bond143.21875-0.59375Dow24527.27+0.64%Nasdaq7098.31+0.95%S&P2651.07+0.54% The Metals: Gold chopped up to $1247.10 at about 1PM EST before it fell back off into midafternoon, but it then rallied back...Read More
- Gold Krugerrand coin worth $1,200 put in charity kettle - this time in Alaska- Mystery Salvation Army gold donors keep giving Gold Krugerrands- Gold, like pounds, euros and dollars can be used for good or ill- Give the gift of gold in this the Season of Kindness Gold Krugerrands (1 oz) being used for goodSalvation Army staff in Alaska got a big surprise while counting change from their red ke...Read More
U.K. Prime Minister Theresa May is facing a vote of no-confidence from members of her own Conservative party on Wednesday. Here's what investors need to know about it and what it means for Brexit. The vote is expected after the London close, around 6 p.m. to 8 p.m. local time (1 p.m.-3 p.m. Eastern U.S. time), with results expected around 9 p.m. (4 p.m. Eastern). First of all, the leadership chall...Read More
* GRAPHIC-2018 asset returns: (Adds closing prices)By Maytaal AngelLONDON, Dec 12 (Reuters) - Copper slipped on Wednesday asinvestors shrugged off upbeat comments from U.S. PresidentDonald Trump about a potential trade deal with China, while thedollar hovered near a one-month peak against its peers.Trump said he would intervene in the Justice Department'scase against a top executive at China's Hua...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
Gold futures ended with a loss on Monday, pulling back from the nearly five-month high they settled at late last week, as the U.S. dollar strengthened at the expense of the British pound. Gold for February delivery GCG9, +0.00% on Comex fell by $3.20, or 0.3%, to settle at $1,249.40 an ounce, while March silver SIH9, -0.21% lost 0.6% to $14.605 an ounce. Read: Silver is primed to take the spotl...Read More
Key data from the Wednesday December 12 pricing session in Europe. Key drivers European suppliers booked several sales in the past week, narrowing the price range to 50 cents.European market sources said there was downward market pressure from Russian suppliers, but those suppliers have reported doing deals around the middle of the current European price range.European market expected to be stabl...Read More
The Wednesday Market Minute Global stocks edge higher amid signs of progress in U.S.-China trade talks and the release on bail of Huawei CFO Meng Wanzhou.President Donald Trump tells Reuters he would meet with China's Xi in order to close a trade deal and would intervene in Meng case if necessary.Bullish sentiment capped by news that Prime Minister Theresa May will face a leadership challenge fr...Read More
Turkish steel producers extended their absence in the deep-sea scrap markets into Wednesday December 12 because of limited demand for finished steel products, sources told Fastmarkets MB.Mills in the country have been refraining from scrap purchases for more than two weeks now - only a single cargo has been booked since November 23.Demand for steel products, especially rebar, has been and remains...Read More