China's ferrous futures stayed rangebound in morning trading on Wednesday December 26 amid a lingering holiday atmosphere.Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,407 yuan ($494) per tonne, up 5 yuan per tonne May hot rolled coil: 3,366 yuan per tonne, unchanged Dalian Commodity Exchange May iron ore: 490 yuan per tonne, up 1 yuan per tonne May coking coal: 1...Read More
Comex copper prices recovered during mid-week trading, with shallow trading temporarily benefiting the base metals complex.The copper price for March settlement on the Comex division of the New York Mercantile Exchange rose 3.75 cents to $2.6985 per lb.Markets are expected...Read More
Ferro-chrome and chrome ore prices in China were unchanged in the week ended Friday December 21 amid low liquidity while market participants awaited January ferro-chrome tender prices from major Chinese stainless steel mills. Ferro-chrome, chrome ore prices in China unchangedJapanese, South Korean ferro-chrome prices stallHigh-carbon ferro-chrome prices decline in EuropeUS high-carbon ferro-chrome...Read More
In addition to The Northern Miner's full podcast episodes that can stretch beyond an hour, we also produce bonus, short, single-topic podcast segments, called a "Miner Moment". The following are the best Miner Moments of 2018, as selected by Northern Miner editor-in-chief John Cumming, in chronological order:________________________________________1. Miner Moment #9: Artisanal cobalt mining in th...Read More
Nickel and palladium producer Norilsk Nickel (Nornickel) has terminated an agreement to sell its African assets to Botswana's state-run BCL Group, the Russian company said in a statement.BCL was expected to buy a 50% stake in Nkomati Nickel mine from Nornickel but it pulled out of the 3 billion pula ($281 million) deal about two years ago due to a lack of funds, prompting the Russian firm to file...Read More
MANILA- Dalian coke futures fell on Wednesday for a third session amid concerns over weak demand for the steelmaking raw material, with Beijing vowing not to relax its anti-pollution campaign that has forced steel mills to reduce output or even halt operations.Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up, with mills expected to replenish stocks ah...Read More
BEIJING, Dec 22 - China's carbon industry will face severe overcapacity from the second-half of 2020, after producers rushed to expand capacity amid fat profit-margins, an official from the China Carbon Industry Association (CCIA) said on Saturday.Carbon products are widely used in sectors such as metallurgy, chemicals, aviation and renewable energy due to their strong resistance to corrosion and...Read More
Other than being the country where Cuban revolutionary Che Guevara was killed, most North Americans know little about Bolivia.The landlocked country is surrounded by Peru, Brazil, Paraguay, Argentina and Chile. Today, it is South America's poorest nation. But in the 1960s, Bolivia was going to be the launchpad of Che Guevara's socialist revolution.Ernesto "Che" GuevaraChe's legacyBorn in Argentina...Read More
The Trump administration is poised to propose maintaining Obama-era restrictions on mercury pollution from power plants, responding to opposition from electric utilities that have already spent billions of dollars to meet the requirements.At the same time, the Environmental Protection Agency is set to propose changes that may make it harder to toughen mercury emissions standards in the future by d...Read More
Gold had been outperforming as investors looked for safe assets.Read full newsRead More
Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More
Continental Gold Inc.'s (TSX:CNL) latest sell-off is overdone, and the miner will soar once production commences at its Buritica project.Read full newsRead More
From the air one can observe the destruction wrought by an open-pit mining project in Cerro Petaquilla and on the ground people talk about its environmental consequences. A security checkpoint and a sign announce that you have reached one of the entrances of the project in the area of ?EURRead More
Continental Gold Inc.'s (TSX:CNL) latest sell-off is overdone, and the miner will soar once production commences at its Buritica project.Read full newsRead More
"North Bud Farms Announces Licensing of Cannabinoid Infusion Technology for Food and Beverage Platform -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC -- Read it here: https://t.co/Bs8GehOD3y"Read full newsRead More
Gold had been outperforming as investors looked for safe assets.Read full newsRead More
Gold rose to six-month highs on Wednesday as investors kept purchasing the preci...Read full newsRead More
With more than 25 years' experience in the diamond industry - including 19 with De Beers - Stuart Brown was looking for a new opportunity. He found it as the president and CEO of Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD)."I was quite excited by this," he said. "I think the mine has good potential, because it's just starting off. I thought I could add a lot of value with my prior rel...Read More
Russian aluminium company Rusal said on Wednesday that board chairman Matthias Warnig resigned as part of a restructuring it agreed to implement in exchange for a waiver from U.S. sanctions.The U.S. Treasury said last week it would remove sanctions against Rusal, its parent En+ and power firm EuroSibEnergo if they restructured to reduce the controlling stakes of businessman Oleg Deripaska, who is...Read More
A global nickel market deficit will nearly halve to 49,000 tonnes in 2019 from 93,000 tonnes this year on higher output of primary metals by global suppliers and of lower-grade nickel pig iron (NPI) in Indonesia, Sumitomo Metal Mining said on Tuesday.Sumitomo Metal, Japan's biggest nickel smelter, said global demand for nickel is seen increasing by 3.4 percent in 2019 from this year to 2.339 milli...Read More