Arbitrage for copper, aluminium, zinc and nickel imported into China on Wednesday October 17*Copper -$112.17 (-778.14 yuan) Aluminium -$454.08 (-3,150.06 yuan) Zinc -$23.09 (-160.16 yuan) Nickel $242.03 (1,679.03 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month and LME three-month...Read More
China's domestic hot-rolled coil prices remained flat on Wednesday October 17, though the export index dropped amid weak demand. DomesticEastern China (Shanghai): 4,230-4,250 yuan ($612-614) per tonne, unchangedNorthern China (Tianjin): 4,120-4,130 yuan per tonne, unchangedEnd users continued to consume HRC at a steady rate and appeared to have no plans to stock up on materials, a trader in Shangh...Read More
The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: HRCHot-rolled coilEast China, domestic, commercial-grade...Read More
Chinese cobalt sulfate trade log including business, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis. In addition, cobalt sulfate, Co 20.5% min, China ex-works, adjustment to low-grade cobalt low-end price at Co 20.5% basis, $/Ib is showed in the bracket, at $ per lb basis. Fastmarkets MB prices Click here for Fastmarkets MB'...Read More
One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards developmentSPONSOREDkin mining nlKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsThough no official government statement has been issued, Reuters has cited anonymous bureaucrats within t...Read More
Longtime Colorado School of Mines coach and administrator Marv Kay has been announced as a member of the Colorado Sports Hall of Fame's Class of 2019.Kay will be joined in this year's class by Olympic gold medalist swimmer Missy Franklin, Nordic combined silver medalist Todd Lodwick, former NFL standout Daniel Graham, longtime Wray High School wrestling coach Bob Smith, and track standout and Spec...Read More
Will Fleckenstein, adjunct professor of petroleum engineering and director of strategic relationships and enterprises for earth resources and environmental programs at Colorado School of Mines, was recently interviewed by ABC Denver7 about horizontal drilling and Proposition 112.Watch the full segment below: Read More
Kathryn Johnson, associate professor of electrical engineering at Colorado School of Mines, was recently interviewed by the Boulder Daily Camera about new wind turbine technology set to be tested at the National Renewable Energy Laboratory's National Wind Technology Center. Johnson is collaborating with researchers at the University of Virginia, NREL, Sandia National Laboratory, University of Colo...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday October 17:Aluminium scrapGroup 1 pure 99% & litho: ?1,400-1,450 per tonne from ?1,410-1,460Commercial pure cuttings: ?1,100-1,160 per tonne from ?1,110-1,160Clean HE9 extrusions: ?1,400-1,450...Read More
Amarillo Gold (TSXV: AGC; US-OTC: AGCBF) recently tabled an updated prefeasibility study (PFS) for the Posse gold deposit on its 100%-owned Mara Rosa gold project in the state of Goias in Brazil. The study raises the project's after-tax net present value (NPV) and after-tax internal rate of return (IRR) while lowering its initial capital expenditure.The former 2017 PFS outlined a US$223 million af...Read More
Pandion Mine Finance is giving Nordic Gold (TSX: NOR) an additional US$7 million in funding so that the junior can put its Laiva gold mine into production and pour first gold on November 27.The funds are supplemental tranches to a $20.6 million gold-forward sale Nordic signed with Pandion in December 2017. Under the latest financing, Nordic will deliver an additional scheduled monthly quantity of...Read More
Treasury Metals (TSX: TML; US-OTC: TSRMF) has updated the resource at its 100% owned Goliath gold project near Dryden, Ontario, for the first time since 2015, boosting underground gold equivalent ounces 64% in the measured and indicated categories.However, the updated resource is only slightly larger than the original resource. Treasury has redefined the pit shell so that it constrains fewer gold...Read More
ArcelorMittal SA said on Wednesday it would pay 74.69 billion rupees ($1.01 billion) to creditors of two Indian companies in which it previously held stakes, in order to make its acquisition offer valid for Essar Steel, another debt-ridden Indian steel firm.ArcelorMittal will clear overdue debt of steel firm Uttam Galva Steels and oil and gas pipeline construction services provider KSS Petron, two...Read More
Oct 17 (Reuters) - BHP has not seen a material impact from current global trade tensions on its business but remains cautious in the near term, the world's biggest miner said on Wednesday."We closely monitor the external environment, in particular the market volatility triggered by current global trade tensions. Though we have not seen a material impact on our business, we remain cautious in the n...Read More
Botswana Diamonds (LON:BOD) and its joint venture partner in Zimbabwe Vast Resource (LON:VAST), are stepping up exploration activity at their concession in the African nation's Marange Fields area.The decision comes after the companies received Wednesday a preliminary geological assessment of the property, which shows Heritage contains several targets for modern alluvial diamond placer deposits.It...Read More
LUSAKA, Oct 17 (Reuters) - Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance minister said on Wednesday.Mwanakatwe told parliament that even with the proposed taxes, we are confident that mining companies will be able to meet their operational costs.Zambia plans to introduce new...Read More
The world market for salt is forecast to grow fast, a newly released report by Roskill reveals. Salt is used to produce chlorine, caustic soda and a range of other chemicals required by industry.Roskill reports the Chinese chemical sector will continue to drive demand for high purity salt to 2027, and will be a major factor driving future projects in Asia and India.By 2027, Asia is forecast to acc...Read More
"#LMEweek was the latest forum for debate over where a sustainable #cobalt supply will come from. We spoke to @CDMRawles about the reality for battery and carmakers ($) | https://t.co/n1jeJSRmqt"Read full newsRead More
"Uranium hopeful Berkeley Energia has been smashed on the stock exchanges after a report its Spanish project would be blocked by the government | https://t.co/1fdXtnyaHk #ASX #LSE $BKY"Read full newsRead More
The Chilean government said on Wednesday it would seek international arbitration...Read full newsRead More