Delrey Metals (CNSX: DLRY) has acquired two B.C. vanadium projects by issuing 5.5 million shares to BC Vanadium, a private company.The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island. The properties host iron-titanium-vanadium mineralization in titaniferous magnetite. Historic samples from the pro...Read More
Cobalt prices continued to fall in the first week of December following the start of year-end destocking and greater competition for sales that first put paid to weeks of stability in mid-November. Fastmarkets assessed the low-grade cobalt price at $30.30-32 per lb, in-warehouse, on Friday December 7, down from $32-32.60 per lb at the end of November. The high-grade cobalt price se...Read More
The following Fastmarkets minor metals prices changed on Friday December 7:Minor metals Antimony MMTA standard grade II, $/tonne: $7,850-8,000 per tonne from $7,850-8,050Bismuth MB China domestic, yuan/tonne: 48,500-51,000 yuan per tonne from 50,000-52,000 yuanCadmium MB free market min 99.99%, cents/lb: 123-140 per lb from 125-140Chromium MB free market alumino-thermic, $/tonne: $10,200-10,5...Read More
An overview of the Chinese minor metals markets and the reasons for any price moves. Read More
Stainless steel prices in Europe are unchanged this week but continuing competition among sellers means further losses are expected to be seen by January. "Competition is still hard and tough and what's threatening us is another drop in prices for Jan. This is almost a certainty," one distributor said. "Trading stainless [steel] is not fun anymore. We're trying to get rid of old stock so we can re...Read More
Austenitic alloy steel scrap prices in the UK market decreased further this week - low demand from stainless steel mills remains the dominant factor in the market. Fastmarkets MB assessed the price of grade-316 scrap solids at ?1,200-1,230 ($1,530-1,619) per tonne delivered, down from ?1,220-1,300 a week earlier, while the price of 18/8 scrap solids fell to ?770-800 per tonne from ?780-830 per...Read More
The following Fastmarkets non-ferrous European free market scrap prices changed on Friday December 7:Aluminium ingotDuty paid delivered works...Read More
Import prices for containerized ferrous scrap in Taiwan and bulk ferrous scrap in Vietnam dropped again this week, after suppliers reduced their offers further and demand remained weak amid soft downstream long steel markets. Lower offers from Japan also continued to depress prices in the Asian scrap markets, sources told Fastmarkets. Vietnam Fastmarkets' import price assessment for heavy melting...Read More
Before the end of the year, Aura Resources (TSXV: AUU) decided to share its plans for the Gold Chain project, which the Ontario miner acquired last July.In a press release, the company said that as soon as 2019 kicks off, they want to start mapping and sampling the area using geophysics, geochemistry, alteration studies and advanced deposit modeling. The idea is to obtain information that will be...Read More
Delrey Metals (CNSX: DLRY) has acquired two B.C. vanadium projects by issuing 5.5 million shares to BC Vanadium, a private company.The Star and Porcher vanadium properties cover a combined 67.4 sq. km in northwest B.C., near the small logging community of Oona River on Porcher Island. The properties host iron-titanium-vanadium mineralization in titaniferous magnetite. Historic samples from the pro...Read More
Vanadium miner Bushveld Minerals (LON:BMN) will have to pay ?490,000, reduced from a previous fine of ?700,000, as the London Stock Exchange (LSE) determined the company breached of two of the AIM's listing rules.The violations were the result of the South African miner failing to meet its regulatory obligations in relation to its undertaking to pay an exclusivity fee to the vendors of Vametco...Read More
"We reached our goal to extend the life of the lining, thanks to the product support and service given by Metso at every stage," says Gustavo de la Torre, Mineral Processing Manager of Cerro Lindo.Cerro Lindo is an underground copper mine with an average daily production of 20,000 tons. The mine is located in central Peru, 175 kilometers southeast of the capital city of Lima, and operated by Nexa...Read More
Shares in Condor Gold (LON:CNR) climbed over 10% Friday after it announced the Nicaraguan ministry of energy and mines had granted it the Las Cruces concession, which expands its La India gold project package by 45%.The 25-year exploration and exploitation concession covers an area of 142.6 km2, expanding the La India land package to 455.6 km2. Condor Gold's project now includes a total 11 adj...Read More
"The London Stock Exchange has fined #AIM star Bushveld Minerals ?490k for not disclosing a material deal in 2016, ignoring its former Nomad's advice | https://t.co/64LYOgzLL6$BMN #BMN"Read full newsRead More
WOW air is giving away two roundtrip tickets to some European hotspots, including London, Paris, Brussels, Dublin, Iceland, or Berlin.Read full newsRead More
The plans were not fully worked-up when they were put out for public consultation, a court hears.Read full newsRead More
THUNDER BAY, ON, Dec. 6, 2018 /CNW/ - Premier Gold Mines Limited('Premier' or 'the Company') is pleased to provide an update of the development programs und...Read full newsRead More
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