Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company said on Thursday a minimal crew would remain at the mine and full operations would resume "once the safety and security of mine personnel and infrastructure" could be assured.Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumBarminco will work on the C$397 million Khoemacau "starter project" that involves underground mining of sulphide ores.Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumIn a joint statement released hours ago, unions 1, 2 and 3 said about 55% of the 2,742 members who voted on Saturday rejected the state-owned company's latest offer."Given this result, unions 1, 2 and 3 will remain on strike in Chiquicamata, seeking to access substantial improvements for the benefit of our workers," they...Read More
China's hot-rolled coil surged on Monday June 24 after news spread that mills in Tangshan, the steelmaking hub in the country's northern region, will start production cuts to curb air pollution.DomesticEastern China (Shanghai): 3,890-3,910 yuan ($566-569) per tonne, up 110 yuan per tonneNorthern China (Tianjin): 3,830-3,850 yuan per tonne, up 60-70 yuan per tonnePrices surged nationwide after the...Read More
China's rebar market regained some upward momentum on Monday June 24 amid fresh production cuts in the country's steelmaking hub of Tangshan. Domestic Eastern China (Shanghai): 3,900-3,950 yuan ($568-575) per tonne, up 70-80 yuan per tonneNorthern China (Beijing): 3,730-3,770 yuan per tonne, up 40-50 yuan per tonneAll steelmakers in Tangshan have been instructed to lower their production by at lea...Read More
Geopolitical tensions in the Middle East showed no sign of abating over the weekend after the United States claimed that it had carried out a cyber-attack on Iranian weapons systems in retaliation for the latter shooting down a US drone last week.While the threat of a war between the two remains a possibility, global investors have taken refuge in haven assets amid the rising uncertainty in the re...Read More
Geopolitical tensions in the Middle East showed no sign of abating over the weekend after the United States claimed that it had carried out a cyber-attack on Iranian weapons systems in retaliation for the latter shooting down a US drone last week. US secretary of state Mike Pompeo says additional sanctions on Iran could be implemented today, but US president Donald Trump appears ready to...Read More
Base metals prices on the Shanghai Futures Exchange were mixed during morning trading on Monday June 24, with trade and macroeconomic uncertainty keeping investors cautious at the start of a new trading week.The rising uncertainty follows a ratcheting up of tensions in the Middle East at the end of last week, while market participants eagerly await any developments on the US-China trade war from a...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 21. China Key drivers Domestic antimony price in China was flat for the third consecutive week despite sparse trading activity. Many Chinese antimony suppliers remained resolute in refusing to sell their cargoes at below 40,000 yuan ($5,822) per tonne, citing mounting difficulty in sourcing cheap ore m...Read More
The price of cobalt continued to fall last week, while prices for standard and alloy-grade units converged, in a market where sellers lowered their offers to offload material not declared on long-term agreements.Fastmarkets assessed the price of standard-grade cobalt at $13.85-14.50 per lb, in-warehouse, falling from $14.25-15 per lb on June 19, and down 3% week on week. Fastmakrets' assessment of...Read More
Key data from the pricing sessions in Asia and Europe for the week ended Friday June 21China Key drivers Silicon export prices remained unchanged for the fifth consecutive week, with transactions remaining limited. Some sources expect a gradual recovery from supply constraints on grade-553 silicon metal in Yunnan province since mid-June, with more refiners resuming operations during the...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade. Caesars Entertainment added $1.21 to $$11.20 after agreeing to a cash and share offer by Eldorado Resorts valued at $12.75 per share. Value of the offer is estimated at $17.3 billion.United Technologies (UTX $128.75) is expected to open higher after Cowen upgraded the stock to Outperform...Read More
J? 1/4 rgen Schalamon will retire from his role as chief executive officer of Samancor Chrome at the end of June after nearly 15 years in the position, Fastmarkets understands. Samancor chief operating officer Desmond McManus will succeed Schalamon as CEO...Read More
PRIVATE BLOG – Gold Hits $1421 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
COMMENT: Mr. Armstrong; I want to salute you on creating Socrates. Its forecast on gold was remarkable. When gold was starting to breakout on May 31, Socrates wrote concerning your breakout points:We did close below the previous session’s Intraday Projected Breakout Resistance indicator which was 129370 settling at 129240 gesturing that the market is not in a breakout mode at that precise mo...Read More
In a column last week, I mentioned that my daughter was participating in the USA Surfing Championships. Well, I'm happy to say that she made the final for her age group and got invited to join the USA junior Olympic development team as well.Of course, not everything went perfectly.During the early part of her final heat, a massive set of waves came through and detonated on her and another competit...Read More
Angel Abbud-Madrid, director of the Center for Space Resources at Colorado School of Mines, was featured in a recent article on the tech news site Digital Trends about future employment opportunities beyond Earth. Mines is home to the world's first graduate program in space resources. "Want to work in the stars? Here are six future space jobs you could hold" appeared on the site June 22. From the...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoIn a nutshell, lithium hit a speed bump after travelling too far, too fast.Read More
"Stay tuned for an exclusive interview with ???@Team_Proudfoot??(C) President of Natural Resources Jon Wylie! Coming soon... #MJS #MJSelect"Read full newsRead More
". ?????????@AngloPacificPLC??(C) CEO Julian Treger, ???@Wheaton_PM??(C) Haytham Hodaly And #metallaroyalties EB Tucker 'From Alternative to Mainstream #MJS #MJSelect"Read full newsRead More