RAPAPORT... India's polished-diamond exports slid 15% year on year in May, reflecting a slowdown in the trade that's been evident for the past seven months. The last monthly increase was recorded in November, according to Rapaport records. The decline in May was the result of lower volumes, which outweighed an increase in the average price of goods, data from the Gems & Jewellery Export P...Read More
Eastern China's hot-rolled coil prices widened upward on Thursday June 27 amid fluctuations caused by movements in the futures market.DomesticEastern China (Shanghai): 3,900-3,950 yuan ($567-574) per tonne, widening upward 30 yuan per tonneNorthern China (Tianjin): 3,840-3,850 yuan per tonne, unchangedMarket participants in Shanghai rushed to buy at 3,830-3,850 yuan per tonne in the morning after...Read More
China's rebar prices regained some upward momentum on Thursday June 27 on early gains in the futures market.Domestic Eastern China (Shanghai): 3,940-3,980 yuan ($573-579) per tonne, up 30-40 yuan per tonneNorthern China (Beijing): 3,800-3,840 yuan per tonne, up 30-40 yuan per tonneRebar futures rose to a high of 4,095 yuan per tonne in the morning, which led traders in the spot market to take thei...Read More
Import prices for stainless steel in East Asia experienced an uptick over the past week amid a recovery in the nickel market, though downstream demand remained soft.The three-month nickel contract on the London Metal Exchange ended Wednesday June 26's official trading session at $12,430-12,440 per tonne, up $480-485 per tonne from a week earlier.The increase came amid supply disruptions arising fr...Read More
The Chinese domestic cobalt metal price fell by 3.1% in the midweek pricing session due to sluggish demand during the traditionally weak consumption season causing suppliers to compete fiercely for limited inquiries in the spot market. Fastmarkets assessed the Chinese domestic cobalt metal price at 220,000-250,000 yuan per tonne ($12.85-14.61 per lb, less China-VAT) on Wednesday June 26, down...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumBut with nothing on the books just yet the pressure to secure a replacement project has been ratcheting up.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 landscapeSPONSOREDatricoEPA general counsel Matthew Leopold yesterday signed a memo directing the EPA to resume considering withdrawing the 2014 propo...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 landscapeSPONSOREDatricoCEO Neal Froneman said the option agreement would unlock immediate value for the group. In passing the baton, Sibanye believes...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 landscapeSPONSOREDatricoDespite the current lull from Minto's closure last year, Victoria Gold's Eagle is set to fly soon and Newmont Goldcorp's Coffe...Read More
European steelmakers voiced their concerns over the future viability of the UK steel industry, should the UK leave the European Union on October 31 without a deal, at the European Steel association's (Eurofer) European Steel Day in Brussels on Wednesday June 26.A "no deal" Brexit would mean the UK would leave the EU, and all related agreements and bodies, without a transition period. No preferenti...Read More
US Durable Goods Orders down 0.2% (NSA) in May, negatively diverging from the 2.9% average increase for this time of year. $MACRO #Economy #ManufacturingBlackBerry $BB.CA $BB, a TSX 60 stock moved below $10.37 and $7.70 U.S. on lower than consensus first quarter revenues extending an intermediate downtrendTechnical action by S&P 500 stocks to 10:00: Bearish. No intermediate breakouts. Breakdow...Read More
Domestic stainless steel prices in China kept rising over the past week on increasing demand and a strengthening of the nickel market.The Fastmarkets MB domestic price assessment for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 14,100-14,500 yuan ($2,050-2,108) per tonne including value-added tax for the week ended Wednesday June 26, up by 100-150 yuan per tonne from a...Read More
"Is Slow Still the New Normal for GDP Growth?"The Federal Reserve Bank of San Francisco raises the question... and proceeds to answer it:Estimates suggest the new normal pace for U.S. GDP growth remains between 1.5% and 1.75%, noticeably slower than the typical pace since World War II…A larger challenge is productivity. Achieving GDP growth consistently above 1.75% will require much faster p...Read More
Does your employer offer a 401(k) plan? And do they match any of your contributions? If so, they might only match up to that percentage on each of your checks, and not on how that check amount relates to your total annual salary. That means deferring too much, too soon of your salary could reduce the amount of those matching contributions. Here's an example of how that could happen:In 2019, you c...Read More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia (June 27, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that it has reached an agreement with Apex Resources Inc. ("Apex") to amend the terms of the Kena Option Agreement (the "Op...Read More
The future of wind turbines is just a drive down the road from the Colorado School of Mines campus. The scaled-down prototype soon to begin operational testing at the National Wind Technology Center in Boulder, though, takes its inspiration from a decidedly un-Colorado source. The Segmented Ultralight Morphing Rotor, or SUMR, is more palm tree than pine. "Palm trees bend in the wind but don't br...Read More
Glencore (LON: GLEN) says 19 illegal artisanal miners have died, "with possible further unconfirmed fatalities," when two galleries caved in at Kamoto Copper Company's KOV open-pit copper mine in the Democratic Republic of Congo (DRC).The mine has experienced "daily intrusions onto its concession by on average 2,000 illegal artisanal miners per day," the Switzerland-based commodities giant stated...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 landscapeSPONSOREDatricoAs recently as May, just a few weeks ago, the chairman of the US Federal Reserve Jerome Powell was adamant that "the committee...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 landscapeSPONSOREDatricoMining Journal asked Moores about the significance of the proposed legislation and what it meant in the context of domest...Read More
"What a great few days we had at #MJSelect 2019!Thank you to our sponsors #DMT @MarketNr @Wheaton_PM , @StrategiaWw our supporting partners @Team_Proudfoot #3PPB and to all the mining companies who presented over the 2 days.#MJS #mininginvestment"Read full newsRead More