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
The Dow Jones Industrial Average rose 0.57% to 26,031.81, while the S&P 500 Index increased 0.62% to 2,792.67. Spot gold finished the week at US$1,337.80 per oz., up US$16.40 per oz., or 1.24%.Newmont Mining reported net income from continuing operations of US$280 million, or US53 ? per diluted share, and earnings before interest, taxes, depreciation and amortization of US$2.6 billion in 2018. Con...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 maplecroftTo even suggest the world's second-biggest mining co...Read More
Israeli mining tycoon Beny Steinmetz is making a dramatic return to Guinea after the billionaire ended a bitter dispute with the West African country that brought his business empire to its knees.The settlement, brokered by former French President Nicolas Sarkozy, ends a seven-year-old dispute centered around one of the world's richest mineral deposits that included a colorful list of characters f...Read More
Australian gold company Evolution Mining Ltd said on Monday it had acquired a 19.9 percent stake in smaller peer Tribune Resources Ltd for A$41.3 million ($29.55 million).Evolution said Tribune's major asset was its interest in the East Kundana mining operation in Western Australia, a joint venture between Northern Star Resources Ltd, Rand Mining Ltd and Tribune.Australian gold producers have stro...Read More
Bayhorse Silver of Vancouver has poured the first silver bullion from its mine of the same name in the central part of the state. The button contains 37.69 oz. of .9999 fine silver, and is stamped with the Liberty Refinery purity mark.The silver comes from a part of a 175 kg sample taken from the Bonanza vein. The sample was ungraded, and the silver content varied but assayed 10,528.6 g/t silver....Read More
"The #Barrick and #Newmont drama is getting serious, with the target company now attacking Barrick's portfolio, performance and exposure to tricky jurisdictions ($) | https://t.co/g1nRAcpgd1 #gold"Read full newsRead More
"#Barrick has confirmed it wants to take over Newmont Mining in a $19b all-share deal that would create a mammoth #gold miner | https://t.co/nL7nVqhIcX $ABX $NEM"Read full newsRead More