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Brazilian mining agency demands alert for rainfall in dams in four states

January 28, 2020 / www.metalbulletin.com

Brazilian mining regulatory agency ANM has demanded that mining companies in four states remain alert to the levels in their tailings dams until Friday January 31 because of the heavy rainfall in parts of the country this week.The agency has requested daily monitoring of the structures due to the rainfall over the weekend of January 25-26, which was expected to continue in the south-eastern states...Read More

Seawater, energy demand to grow significantly through 2030

January 27, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesCochilco analyst Camila Montes said desalination use would grow most in the drier northern parts of the country, forecasting 65% usage in Antofagasta, 60% in Tarapaca, 42% in Atacama and 25% in Coquimbo. Some 90% of the desalinated seawater will be used in the processing of copper sulphide ores for the production of copper concentr...Read More

DAILY SCRAP REPORT: Market remains silent, sentiment still negative

January 28, 2020 / www.metalbulletin.com

Turkish steel mills held back from deep-sea scrap bookings on Monday January 27, amid talk that they would cut production or resume bookings soon, sources said.A steel mill in the Iskenderun region booked a UK cargo comprising 22,000 tonnes of HMS 1&2 (80:20) at $277 per tonne cfr late on January 22, which sent the daily scrap indices down by $6.45 per tonne.This was only the second cargo booked i...Read More

Lundins advance Argentina's next copper district

January 24, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe Lundin family name has a long-established pedigree with copper in Argentina with Lukas finding both the Alumbrera and Veladero deposits in the past century through his companies InternationalRead More

WEEKLY SCRAP WRAP: Scrap prices continue to fall on weak demand [CORRECTED]

January 28, 2020 / www.metalbulletin.com

Global scrap prices trended downward during the working week ended Friday January 24 on limited demand that was a consequence of lackluster finished steel sales globally and the lunar new year holidays in East Asia.Turkish import prices drop in latest cargo deal US export prices down on both coasts Taiwan import prices slip on demand dip Indian import prices decline on Turkish price downturn. Turk...Read More

TURKEY FERROUS SCRAP: Local prices down on falling import values

January 28, 2020 / www.metalbulletin.com

Domestic ferrous scrap prices in Turkey have continued to slip over the past week on falling imported scrap values, sources said on Monday January 27.After a steel mill in Turkey booked a UK-origin cargo sold at $277 per tonne cfr for HMS 1&2 (80:20), Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey went down by $6.45 per tonne to $274.25 per tonne...Read More

METALS-Copper in longest losing streak for six years on China virus fears

January 27, 2020 / www.kitco.com

* Nickel slides to 6-1/2 month low * Copper drops for nine consecutive sessions (Updates with closing prices) By Eric Onstad LONDON, Jan 27 (Reuters) - Copper fell for a ninthconsecutive session on Monday, the longest losing streak in sixyears, as investors worried that a spreading coronavirusoutbreak in China would hit demand in the world's biggest metalsconsumer. Copper tumbled to its weakest in...Read More

Tech Talk for Monday January 27th 2020

January 27, 2020 / www.timingthemarket.ca

U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 48 points in pre-opening trade. Index futures responded to intensified worries that the coronavirus will spread.Gold responded to coronavirus fears by gaining $9.80 to $1,581.70 per ounceCrude oil responded to coronavirus fears by dropping $1.48 to $52.71 per barrel.DR Horton slipped $0.48 to $58.02 despite re...Read More

COBALT SNAPSHOT: Cut cathode tightness pushes alloy-grade premium wider

January 28, 2020 / www.metalbulletin.com

Key data from the January 22 and January 24 pricing sessions in London. Key drivers  Tight supply of certain brands of cut cathodes and rounds - either well-sold on long-term contracts, or held firmly in trader hands - saw alloy-grade cobalt prices extend their premium over standard-grade units.  Some market participants reported an...Read More

COMMENT: Vital's 'above-ground mine' positions it for high-tech growth

January 28, 2020 / www.metalbulletin.com

Vital Materials' purchase of 3,609 tonnes of indium removes the last of the minor metal supplies once held in the now defunct Fanya Metal Exchange, which enables the company to lock in several years of indium supplies from its own 'surface mine' and at low prices by historical standards.The move from China-based Vital - one of the biggest minor metals producers in the world and a significant produ...Read More

GLOBAL ANTIMONY SNAPSHOT: Stable prices amid improved sentimentin European, Chinese markets

January 28, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Asia and Europe in the week to Friday January 24.The market steadied by the lack of Chinese offers ahead of the Lunar New Year. Fastmarkets' price assessment for antimony max 100 ppm Bi, in-warehouse Rotterdam, consolidated previous falls maintaining level at $5,650-5,950 per tonne and with offers reaching the top end of the range on Friday.Fastmarkets' price...Read More

Europe vanadium prices higher amid continued trader buying

January 28, 2020 / www.metalbulletin.com

Vanadium prices took another move higher in Europe during the second half of last week, supported by an increase in inquiries and trader restocking, Fastmarkets heard. Fastmarkets' price assessment for ferro-vanadium, ddp Europe stands at $26-27.15 per kg as of January 24, up by 3.6% from the midweek assessment, and now at its highest level since the beginning of October. Fastmarkets' price assess...Read More

Palladium One samples Smoke Lake in Ontario

January 27, 2020 / www.northernminer.com

Palladium One Mining (TSXV: PDM; US-OTC: NKORF) has reported anomalous nickel, copper and cobalt in soil samples from the Smoke Lake anomaly at its 103-sq.-km Tyko property near Marathon, Ontario.Assays include 238 parts per million (ppm) nickel, 108 ppm copper and 10 ppm cobalt in one sample as well as 46 ppm nickel, 54 ppm copper and 13 ppm cobalt in a second sample.."These soil values represent...Read More

TSX Venture dips, Jan. 20-24: Abitibi Royalties, New Pacific, Camino, K92

January 27, 2020 / www.northernminer.com

The S&P/TSX Venture Composite Index fell 0.47% to 581.76 and spot gold finished at US$1,571.60 per oz., up US$14.90 per ounce.Abitibi Royalties posted the largest value gain, jumping $1.45 to $19.55 per share. The company's board of directors approved a 25% dividend increase from 12 ? to 15 ? per common share on an annualized basis starting in April. The frequency of the payments will change from...Read More

US stocks mixed, Jan. 20-24: Barrick, Fortuna, Coeur, Freeport-McMoRan

January 27, 2020 / www.northernminer.com

The Dow Jones Industrial Average rose 1.22% to 28,989.73 and the S&P 500 Index fell 1.03% to 3,295.47. Spot gold climbed US$14.90 per oz. to finish at US$1,571.60 per ounce.Shares of Barrick Gold jumped US76 ? to US$18.71 on news the company had signed a deal with the government of Tanzania that grants the nation stakes in the three gold mines the company operates there. The arrangement comes thre...Read More

TSX posts small rise, Jan. 20-24: Endeavour Mining, Yamana, Seabridge, SSR, Ero

January 27, 2020 / www.northernminer.com

The S&P/TSX Composite Index rose 0.04% to 17,565.30 during the trading week. The S&P/TSX Global Mining Index fell 0.92% to 81.52 and the S&P/TSX Global Base Metals Index lost 6.19% to 102.23. Spot gold climbed US$14.90 per oz., or 0.96%, to finish at US$1,571.60 per oz., and the S&P/TSX Global Gold Index (USD) rose 2.84% to 233.33.Shares of Endeavour Mining jumped $1.62 to $26.71 per share. The co...Read More

Blackrock's Fink triggers carbon avalanche

January 27, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaThe reality I see is that asset managers are acquiring fossil fuel plants at knockdown prices as utilities, under pressure from those same en...Read More

The temptation of mining-stock yield

January 27, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaSome investors, mainly newcomers to mining, or those desperate for a higher yield on their savings, which are generating ultra-low or even ne...Read More

RT @GreenlaneBiogas: Greenlane digest for the week ending January 24th ????,? [

January 27, 2020 / www.greenlanerenewables.com

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

$SANM - Sanmina Corporation (SANM) CEO Hartmut Liebel on Q1 2020 Results - Earnings Call Transcript....

January 28, 2020 / twitter.com

"$SANM - Sanmina Corporation (SANM) CEO Hartmut Liebel on Q1 2020 Results - Earnings Call Transcript. https://t.co/kq7Kq8xZfp #stocks #finance #business"Read full newsRead More

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