Popular News

Battery nickel price regains premium over metal

January 16, 2020 / www.mining.com

Nickel sulphate market not too gloomy. Image: BHP Nickel West nickel mining complex in Western Australia. Much like prices for cobalt, lithium and graphite, nickel feedstock for battery manufacture ended 2019 on a weak note, as a retreat in Chinese electric vehicle sales in the second half of the year and slower than expected transition to nickel-rich battery chemistries hurt demand. Battery supp...Read More

Your pension is being robbed, gold is only salvation says Robert Kiyosaki

January 14, 2020 / www.kitco.com

Jan 16, 2020 Guest(s): Robert Kiyosaki A ballooning retiree population over the coming years is likely to force the government to print more money in order to support pensioners, and this will create a good environment for gold, said Robert Kiyosaki, author of Who Stole My Pension? How You Can Stop the Looting. "In the next ten years, two billion old guys like me will retire. Two billion, all o...Read More

Taseko finalizes development plan for Yellowhead copper project

January 16, 2020 / www.mining.com

Yellowhead Mining's loadout property in Vavenby and North Thompson River - Image courtesy of Yellowhead Mining Inc Taseko Mines has completed a new development plan and updated study for its Yellowhead copper project, 150 km northeast of Kamloops, British Columbia, adding 100 million tonnes to reserves and improving the economics.A new technical report pegs pre-production capital costs for an ope...Read More

LIVE FUTURES REPORT 16/01: LME nickel price tumbles 3.5%; tin gathers momentum

January 17, 2020 / www.metalbulletin.com

The three-month nickel price on the London Metal Exchange was lower at the close of trading on Thursday January 16, falling by more than 3.5% to settle below nearby resistance, while a steady upswing in tin's outright price saw it close at a six-month high.Nickel's outright price on the LME closed at $13,775 per tonne on Thursday afternoon, losing more than $650 per tonne from an intraday high of...Read More

CNMC's DRC copper smelter starts production with 2020 target of 100kt - sources

January 17, 2020 / www.metalbulletin.com

China Nonferrous Mining Corp's (CNMC) Lualaba copper smelter has commenced operations in the Democratic Republic of Congo (DRC) with an estimated output of 100,000 tonnes of copper this year, Fastmarkets has learned. The smelter started production at the start of 2020, a source close to the matter told Fastmarkets. The 120,000 tonne-per-year capacity smelter is the only major copper smelter in the...Read More

LIVE FUTURES REPORT 16/01: LME lead breaches $2,000/t in 2% price surge; zinc back above $2,400/t

January 17, 2020 / www.metalbulletin.com

The three-month lead price on the London Metal Exchange was higher during morning trading on Thursday January 16, with price action breaking past the $2,000-per-tonne resistance level against strong volumes, while zinc futures followed higher. Lead's outright price on the LME was recently at $2,026.50 per tonne, while morning trading volumes were high with over 2,100 lots exchanged as of 9:30am Lo...Read More

CNMC's DRC copper smelter starts production with 2020 target of 100kt - sources

January 17, 2020 / www.metalbulletin.com

China Nonferrous Mining Corp's (CNMC) Lualaba copper smelter has commenced operations in the Democratic Republic of Congo (DRC) with an estimated output of 100,000 tonnes of copper this year, Fastmarkets has learned. The smelter started production at the start of 2020, a source close to the matter told Fastmarkets. The 120,000 tonne-per-year capacity smelter is the only major copper smelter in the...Read More

AT A GLANCE: South32 Hillside, Mozal H1 2020 aluminium output strong despite load shedding

January 17, 2020 / www.metalbulletin.com

South32 has maintained its production guidance for its Hillside and Mozal aluminium smelters for its 2020 financial year, despite the first half being affected by South African power outages. Aluminium  At Hillside, aluminium saleable production increased by 1% to 362,000 tonnes in the first half of South32's financial year ended December 31, 2019, attributed to the smelter continuing to test...Read More

US-China rapprochement does little for mineral, minor metals markets [UPDATED]

January 17, 2020 / www.metalbulletin.com

A preliminary trade agreement between the United States and China has done little to change the outlook for industrial minerals and minor metals, with no sign of a reversal for tariffs on Chinese material and no firm commitments on Chinese purchases. The US has agreed to pause new tariffs on Chinese goods in exchange for China signing a deal containing a number of commitments, including $200 billi...Read More

Cannington 'firing' for diversified miner

January 16, 2020 / www.mining-journal.com

Brazil Alumina achieved record year-to-date production of 702,000 tonnes and aluminium output was maintained, despite load-shedding at Hillside and Mozal Aluminium.Read More

A2Z Technologies Canada Provides Update on Life Saving Automotive Innovations: FTICS

January 16, 2020 / kincommunications.com

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) has filed for an additional technology patent as it continues the development of the fuel tank inertia capsule system (FTICS). The company is aiming for installations to commence in 2020 to help save lives in the event of fires from vehicle collisions.The FTICS is a patented 3-part system that deploys in the event of...Read More

Siyata Mobile Launches UV350 in Sweden and Receives First Purchase Order

January 16, 2020 / kincommunications.com

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that the Company has launched the UV350 dedicated in-vehicle IoT device in Sweden, and received its first purchase order to supply heavy trucks, forestry, logistic companies, and more, coming in 2020.Marc Seelenfreund, CEO of Siyata Mobile, commented, "We are very pleased to ent...Read More

Select Sands Announces the Start of a Plant Reconfiguration Project and Completion of the Purchase of its Diaz Rail Facility in Diaz, Arkansas

January 15, 2020 / kincommunications.com

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") has started a reconstruction project to optimize and consolidate processing assets to improve costs. The Company has also completed the purchase of the Diaz Rail Loading Facility, located in Diaz Arkansas (the "Diaz Rail Facility"), for the remaining payment of US$968,747. Under the lease-to-purchase agreement, the...Read More

Deziwa's copper production comes online; cobalt output expected in late Q1

January 17, 2020 / www.metalbulletin.com

Copper production at the Deziwa copper-cobalt project in the Democratic Republic of the Congo (DRC) has officially come online in January 2020, following successful trial operations in December 2019, sources told Fastmarkets this week. And the project is expected to start production of cobalt in late first quarter, they added. Deziwa is operated by Soci?(C)t?(C) Minere de Deziwa (Somdez), a j...Read More

GR Engineering expands in Americas with Hanlon deal

January 16, 2020 / www.mining-journal.com

"Hanlon has a strong local brand with an excellent safety record and longstanding relationships with major mining clients," he said.Read More

UK FERROUS SCRAP: Market buoyed by European exports

January 17, 2020 / www.metalbulletin.com

UK suppliers of steel scrap to domestic consumers have added a further round of price increases for the latest monthly settlements to be delivered in January, sources told Fastmarkets on Thursday January 16.January contracts were up by ?10 ($13) per tonne, the latest step in a climb of ?35 per tonne over three months, after increasing by a similar amount last month and by ?15 per tonne in Novem...Read More

Precious Metals Update Video: Gold Market Trying to Figure out Where Next?

January 16, 2020 / news.goldseek.com

By: Ira EpsteinGold 18-dma is the $1,540's, $20 from the current price = support. Bias is up, trend is down..Read More

Asian Metals Market Update: Jan-16-2020

January 16, 2020 / news.goldseek.com

Trump's impeachment progress is the key reason for gold and silver to rise. Impeachment news is the reason for gold price to rise from $1460 to $1520. Thereafter investment interest and speculative longs pushed gold past $1600. Gold prices not falling below $1530 despite some bearish news should be taken as short term positive by bulls. News on US-China trade deal (everything collected from Re...Read More

DAILY SCRAP REPORT: Prices fall sharply in latest US sale

January 17, 2020 / www.metalbulletin.com

Turkish deep-sea scrap import prices have tumbled with news of a fresh sale heard after negative signs emerged in the United States' export markets, sources said on Thursday January 16.A steel mill in the Izmir region booked a US cargo of 35,000 tonnes of HMS 1&2 (95:5) at $295 per tonne cfr, which would put the HMS 1&2 (80:20) price at $288 per tonne.The previous US cargo sold into Turkey was boo...Read More

CNMC's DRC copper smelter starts production with 2020 target of 100kt - sources

January 17, 2020 / www.metalbulletin.com

China Nonferrous Mining Corp's (CNMC) Lualaba copper smelter has commenced operations in the Democratic Republic of Congo (DRC) with an estimated output of 100,000 tonnes of copper this year, Fastmarkets has learned. The smelter started production at the start of 2020, a source close to the matter told Fastmarkets. The 120,000 tonne-per-year capacity smelter is the only major copper smelter in the...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok