Seaborne coking coal spot prices held steady on Monday February 25 amid thin trading."The market is taking a breather for now but the short-term trend is still up due to tight seaborne supply," an Indian trading source said.While there are at least 12 cargoes of premium hard coking coal and four shipments of second-tier materials - all of which are scheduled for loading in February-April - in the...Read More

Last Thursday’s brief correction in metals prices was just a pause in what is turning into a strong rally, with the three-month base metals prices traded on the London Metal Exchange up by an average of 0.6% on the morning of Monday February 25.Copper and tin prices are extending into fresh highs for the year, while the other base metals are rallying. Copper prices were up by 0.4% this m...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. Index futures responded to a 5.6% increase in the Shanghai Composite Index to 2961.28 in overnight trading on news that the Trump Administration plans to delay tariff increases on Chinese imports beyond the self-imposed March 1st deadline. Newmont Mining added $0.12 to 36.60 after Barric...Read More

Arbitrage for copper, aluminium, zinc and nickel imported into China on Monday February 25*Copper -$175.84 (-1,179.03 yuan) Aluminium -$341.13 (-2,287.27 yuan) Zinc -$119.98 (-804.44 yuan) Nickel -$278 (-1,863.97 yuan) *Fastmarkets calculates the physical arbitrage for import into China daily by using SHFE front-month...Read More

The most-traded tin contract on the Shanghai Futures Exchange surged during the Asian trading session on Monday February 25, which market participants attributed to concerns of tighter tin concentrate supply after China's Yinman Mining was suspended by the local Emergency Management Agency the previous day. The most-traded May tin contract hit a high of 153,490 yuan ($22,860.80) per tonne at 9:28...Read More

US President Donald Trump has postponed his administration's plans to increase the current import duties on $200 billion-worth of Chinese goods, de-escalating the trade tensions between the two countries."I will be delaying the US increase in tariffs scheduled for March 1," Trump announced via social media on Sunday February 24.According to Trump, there has been "substantial progress in our trade...Read More

The Chinese antimony market remained quiet amid sparse buying interest during the week ended Friday February 22.Fastmarkets assessed the price for MMTA standard-grade II antimony, delivered duty-paid in China, at 48,500-49,500 yuan ($7,231-7,380) per tonne on February 20, unchanged since January 16.The Chinese antimony market has shown limited trading activity since downstream consumers maintained...Read More

Key data from the pricing sessions in London and Shanghai on Friday February 22.ChinaKey drivers- The Chinese silicon fob export price held steady while exporters wait for Japan's quarterly tenders in the days to come.- A lot of off-grade silicon has flowed into the spot market, but considering the quick appreciation of the yuan, most traders are keeping their offers unchanged for the time being t...Read More

Fastmarkets proposes to increase the minimum tonnage of its domestic Chinese indium assessment. The goal of a minimum tonnage is to exclude any deal that, because of its small size or high price, could add bias to the Fastmarkets published price. At the same time, the minimum tonnage must be as low as possible so that the number of deals excluded is the smallest. Initial consultations with market...Read More

Next to housing and transportation, food is one of the biggest household expenses in the U.S. According to the Bureau of Labor Statistics' 2016 Consumer Expenditure Survey, the average household spends $7,203 annually on food. The survey breaks this number down even further to include food at home, $4,049, and food away from home, $3,154. Notice the numbers are relatively close, despite the fact...Read More

Last Thursday's brief correction in metals prices was just a pause in what is turning into a strong rally, with the three-month base metals prices traded on the London Metal Exchange up by an average of 0.6% on the morning of Monday February 25.Copper and tin prices are extending into fresh highs for the year, while the other base metals are rallying. Copper prices were up by 0.4% this morning at...Read More

Vancouver, British Columbia (February 25, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that the Company has reappointed Mr. Dallas Pretty, B.Comm., CA to the Company's Board of Directors."Dallas brings over twenty years of experience in accounting, finance, capital and public markets to Prize and we are very pleas...Read More

Afarak has reported a ?,?1 million ($1.14 million) earnings deficit for the full-year 2018, partly due to lower ferro-chrome prices and a weaker spot market for chrome ore. The London and Helsinki-listed mining and metallurgical group reported negative earnings before interest, tax, depreciation and amortization (Ebitda) of ?,?1 million for the full-year 2018, compared with a record ?,?17 million...Read More

Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - China's leading stainless steel mills - have released their March tender prices for high-carbon ferro-chrome over the last two weeks, with Tisco maintaining its price while Tsingshan and Baosteel increased theirs by 100 yuan ($14.90) per tonne.Tisco announced its March tender price for high-carbon ferro-chrome at 6,650 yuan ($990) per to...Read More

Kenneth Osgood, a historian and professor of humanities, arts and social sciences at Colorado School of Mines, was recently featured on C-SPAN discussing the CIA, the Cold War and Radio Free Europe. The author of the book "Total Cold War: Eisenhower's Secret Propaganda Battle at Home and Abroad," Osgood's research interests include the history of propaganda and intelligence, the history of media,...Read More

Denise Burgess has been appointed to the Colorado School of Mines Board of Trustees by Gov. Jared Polis.Burgess, president and CEO of Burgess Services Inc., a Denver-based construction management firm, will serve a four-year term through December 2022.A graduate of the University of Northern Colorado, Burgess joined her family's business in 1994 after launching her own career in advertising sales...Read More

Although the Northwest Territories is deep in the grip of winter, there have been several major mining-related developments in the last two months in the areas of new mining legislation and infrastructure.The Northern Miner sat down with the Northwest Territories Minister of Infrastructure and Industry, Tourism and Investment, Wally Schumann, at the Association of Mineral Exploration's (AME) annua...Read More

In December 2018, Yorbeau Resources Inc. (TSX: YRB; US-OTC: YRBAF) optioned its Rouyn gold property in Quebec to IAMGOLD Corporation (TSX: IMG; NYSE: IAG) and a month later, the two companies began drilling the property.The Rouyn property is located roughly 4 km south of Rouyn-Noranda and covers a 12 km stretch of the gold-rich Cadillac-Larder Lake Break.The companies now have two drill rigs turni...Read More

OceanaGold (TSX: OGC; US-OTC: OCANF) has tabled a maiden resource at its WKP gold prospect, 10 km north of its Waihi gold mine in New Zealand.WKP's East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver. Its East Graben vein and T-Stream veins also contain 1.05 million inferred tonnes at 11.9 grams gold and 16.8 gr...Read More

Bezant buzz builds around big projectsSPONSOREDbezant resourcesWhite Gold Corp a major force in Yukon as exploration drive reaps dividendsSPONSOREDwhite gold corpQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithium"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftMining is no different in this regard. And, yet, whe...Read More