The following Fastmarkets minor metals prices changed on Wednesday June 12:Minor metalsAntimony MB free market regulus, $/tonne: $6,350-6,600 per tonne from $6,500-6,700Antimony MMTA standard grade II, $/tonne: $6,200-6,450 per tonne from $6,350-6,550Cobalt MB free market alloy grade, $/lb: $15.20-15.80 per lb from $15.80-16.40Cobalt...Read More
Risk sentiment was borderline negative on the morning of Wednesday June 12 after the possibility of US President Donald Trump and China's Xi Jinping meeting later this month at the Group of Twenty (G20) Summit in Japan was dubbed extremely unlikely.Trump threatened more tariffs on Chinese imports if there is not enough progress on trade negotiations with China or if the meeting with President Xi d...Read More
The price in Europe for molybdenum oxide rose in the first half of the week ended Wednesday June 12, with a workers' strike at Molymet's Nos plant in Chile supporting sentiment in an already tightening market.Earlier in the week, workers affiliated with trade union No1 at the Nos plant, Molymet's main production unit, went on strike after rejecting the Chilean molybdenum producer's latest offer in...Read More
South African ferro-chrome producer Mogale Alloys will idle two furnaces amid low ferro-chrome prices and rising costs, owner Afarak announced on Wednesday June 12.The plant normally produces 110,000 tonnes per year of ferro-chrome. It will continue to produce 4,000 tonnes per month of plasma charge chrome and 1,400 tpm of medium carbon ferro-chrome.The news came just a few weeks after Helsinki-he...Read More
If you are "house-rich" but "cash poor," a reverse mortgage might be a way to access some additional cash for your retirement years. On the other hand, it could be a costly temptation with upfront and ongoing expenses that erode the equity in the home you spent years paying off.Basically, a reverse mortgage is the opposite of a regular mortgage where you gradually pay off the original principal an...Read More
QUESTION: Hi Martin,You have mentioned repeatedly that gold is a hedge against political uncertainty. For the past several years the price has hovered at the cost of production and exploration is virtually non-existent as capital has dried up.Nevertheless, the world is a political mess as far as the eye can see. So, it seems odd that gold is not bid more aggressively.Regards,EricANSWER: The only t...Read More
The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday June 12:The following Fastmarkets UK non-ferrous scrap and foundry ingot prices changed on Wednesday June 12:Aluminium scrapGroup 1 pure 99% & litho: ?1,260-1,300...Read More
Roxgold's (TSX: ROXG; US-OTC: ROGFF) Yaramoko gold mine in southwestern Burkina Faso churned out 33,652 oz. gold in the first quarter, delivering a 16% return on equity for the company - one of the highest in the industry.Earnings before interest, tax, depreciation and amortization margins totalled 38%, with cash-operating costs of US$468 per oz. produced, and all-in sustaining costs (AISCs) of US...Read More
The following is an edited release from the International Copper Study Group (ICSG) showing preliminary data for world copper supply and demand for February 2019. For more detailed information, visit www.icsg.org.Preliminary data indicates that world copper mine production declined 1.8% in the first two months of 2019, with concentrate production declining 1.3% and solvent extraction-electrowinni...Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resourcesFinally, a changed mining tech M&A landscapeSPONSOREDatricoWhere did it go? It seems only yesterday that I cradled a screaming and squishy piece of pink flesh, incoherent with fear that I might drop it...Read More
"We are pleased to have @BlackRockMining presenting at the #MJSelect conference!Black Rock's BKT's Mahenge Project in Tanzania hosts a multi-generational graphite resource and is one of the largest JORC-compliant flake graphite resources globally. #MJS https://t.co/qhqmCphM6E"Read full newsRead More
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"$AMRN - Amarin Corporation plc (AMRN) CEO John Thero Presents at Goldman Sachs 40th Annual Global Healthcare Conference (Transcript) https://t.co/NYHEtCemRy"Read full newsRead More
"$NWTUF - North West Company, Inc. (The). (NWTUF) CEO Edward Kennedy presents at Annual General and Special Meeting of Shareholders - (Transcript) https://t.co/WXf5nZbFKA"Read full newsRead More
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"$LLY - Eli Lilly and Company's (LLY) Management Presents at Goldman Sachs 40th Annual Global Helathcare Conference (Transcript) https://t.co/dZHH2EpPWm"Read full newsRead More