"Zijin Mining: "Continental's 100 percent-owned Buritic?? project in Antioquia, Colombia is one of the largest and highest-grade gold projects in the world and represents a highly complementary addition to Zijin's international asset portfolio," https://t.co/mtvMkCx4Dx #gold"Read full newsRead More
Silver Spruce Resources Inc. is pleased to announce the acquisition of additional mineral claims contiguous to its Melchett Lake Zn-Au-Ag project.Read full newsRead More
Infinite Lithium Corp. is pleased to announce that the Company has acquired a second strategic property, known as theRead full newsRead More
"Precipitate Gold Corp. ($PRG) is a mineral exploration company that is advancing strategic, district scale gold and copper camps in the Dominican republic.https://t.co/ltsLqClwwo @PrecipitateGold #DominicanRepublic #Gold #Au"Read full newsRead More
"The island nation of Fiji, in the mineral rich Pacific Ring of Fire, with its high-grade and large-scale deposits, mining-friendly policies and established infrastructure, is emerging as the next frontier for new discoveries. https://t.co/uHTMyyemd4 @AWETSXV #Fiji #gold #copper"Read full newsRead More
Fidelity Minerals Corp. (TSXV:FMN, FSE:S5GM, SSE:MNYC) is pleased to provide the following corporate update.Read full newsRead More
The three-month nickel price on the London Metal Exchange was the biggest gainer at the close of trading on Thursday December 5, staging a modest recovery after reaching a five-month low earlier in the day, while turnover topped the complex over the day. The LME nickel price closed at $13,275 per tonne at 5pm, recovering from an intraday low of $13,030 per tonne but failing to close near its daily...Read More
The first deal for first-quarter aluminium ingot supply to Japan in 2020 has been concluded at a premium of $83 per tonne basis cif main Japanese ports (MJP), market sources told Fastmarkets on Thursday December 5. This deal marks the lowest quarterly deal since the fourth quarter of 2016, when the benchmark settled at $75 per tonne, and it is 14.4% lower than the 2019 fourth-quarter benchmark of...Read More
The UK's Serious Fraud Office (SFO) is investigating miner-trader Glencore, it said on Thursday December 5. "The SFO confirms it is investigating suspicions of bribery in the conduct of...Read More
The increased stake, of about 3%, was reported by Adriatic as it also flagged exploration success extending the potential of its key Rupice deposit, including a drill intercept of 10m grading 2.Read More
Here are five Fastmarkets MB stories you might have missed on Thursday December 5 that are worth another look.Chinese stainless steel prices in both the domestic and export markets fell over the past week amid bearish sentiment stemming from the high inventories held at a major mill in eastern China.More of the world's copper looks likely to be priced in China from next year, with the Shanghai Int...Read More
The UK's Serious Fraud Office (SFO) is investigating miner-trader Glencore, it said on Thursday December 5. "The SFO confirms it is investigating suspicions of bribery in the conduct of...Read More
Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") announces that its 100% owned subsidiary, Select Sands America Corp., has entered into a 3-year supply agreement with a large cap exploration and production company in The Eagle Ford Basin. The contract is for the supply of Select Sands' 100 mesh product.Select Sands President and CEO, Zig Vitols remarked, "Our s...Read More
- RambusI can remember there were times during the PM complex bull market before 2011 that sometimes the PM metals would rally but the PM stocks were very weak. Then there were times when the PM stock would rise while the PM metals moved very little. At the time of those occurrences it was bewildering as common sense suggested they should all move together and the stronger the metals moved so...Read More
By: Ira EpsteinI do not buy anything Trump is saying in front of NATO, for the press, in negotiations in his trade-deals. Next round of sanctions with China is nearing and will know more soon. Gold still not over the key 18-week moving average, negative bias remains..Read More
Gold and silver would have skyrocketed yesterday but for news of nearing of a trade deal. US November private ADP numbers stood at 67,000. If nonfarm payrolls on Friday matches ADP, then chances of interest rate cut in next week FOMC could be very high. Gold just corrected on trade deal news while silver fell. Crude oil zoomed. Trump has a history of flip-flop, unless a trade deal is actually si...Read More
More of the world's copper looks likely to be priced in China from next year, with the Shanghai International Energy Exchange (INE) set to launch a new contract tradable by international market participants.The decision to launch, pending regulatory approval, would enable market participants based outside China to trade copper based on a Chinese price, sources told FastmarketsChina, which is the w...Read More
Glencore has cut its production guidance for cobalt in 2020 to 25,000-33,000 tonnes, down by about a third from 2019's 41,000-45,000 tonnes, the Swiss miner-trader said this week.In an investor presentation on Tuesday December 3, the company said that for 2021 and 2022 it expects to produce 28,000-36,000 tonnes of cobalt. It said the decline in production was mainly a...Read More
Turkish steel producers skipped the day with no deep-sea bookings, while prices remained unchanged on tight supply, sources said on Thursday December 5.There were rumors of a UK or European cargo being sold at $282 per tonne cfr for HMS 1&2 (80:20), but market participants said the deal had not been closed."Suppliers have already...Read More
Prices in Southeast Asia's steel billet market gained during the week to Thursday December 5 amid concerns over a potential supply deficit after a Russian steelmaker halted production. Sources told Fastmarkets that the Russian mill was facing difficulty in obtaining financing for raw materials due to a government probe into the company. A total of 100,000 tonnes of February-shipment billet from th...Read More