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EUROPE STAINLESS STEEL: Low nickel costs, mill restart keep prices largely flat

April 11, 2020 / www.metalbulletin.com

The price of stainless steel in the European domestic market was largely unchanged this week with low nickel prices and a mill restart in Italy preventing further significant increases, Fastmarkets heard on Thursday April 9.Fastmarkets' weekly price assessment for stainless steel cold-rolled sheet, 2mm, grade 304, transaction domestic, delivered North Europe, was ?,?2,090-2,105 ($2,271-2,287) per...Read More

SE Asian billet import prices stable amid pause in Chinese imports

April 11, 2020 / www.metalbulletin.com

Prices in Southeast Asia's steel billet market held steady on Thursday April 9 amid a stalling of imports into China. Fastmarkets' daily price assessment for steel billet, import, cfr Southeast Asia, which mainly looks at 120-150mm 5sp grade billet sold into Manila, was $365-375 per tonne on Thursday, unchanged from a day earlier.The range is down $5 per tonne on the low end compared with $370-375...Read More

Gold climbs to highest level since 2012

April 11, 2020 / www.northernminer.com

The gold price rallied again on Thursday, as investors sought a store of value after the Fed said it was pumping an additional US$2.3 trillion in the US economy to stave off depression.On the Comex market in New York, gold for delivery in June, the most active contract, jumped to its highest price since November 2012, at US$1,730 per oz., up just over US$50 per oz., or 3%, compared to Wednesday's...Read More

Disruptive drill technology offers potential for miners

April 10, 2020 / www.northernminer.com

A new means of exploiting previously overlooked zones of gold mineralization may prove to be the type of disruptive technology needed once the global COVID-19 pandemic is over.Called sustainable mining by drilling (SMD), it uses a unique, surface-based drilling system to get at narrow vein deposits that have been considered uneconomic using existing mining techniques.SMD's creators believe the tec...Read More

Gold ETFs hit record high in Q1

April 09, 2020 / www.northernminer.com

Global gold-backed exchange-traded funds (ETFs) had US$23 billion, or 298 tonnes, of net inflows, in the first quarter of 2020 - the highest quarterly amount ever and the largest tonnage additions since 2016, the World Gold Council (WGC) said in its latest report.During the past year, gold ETFs added 659 tonnes, the highest on a rolling annual basis since the financial crisis, with assets under ma...Read More

Exploding Costs: An analysis of Galore Creek

April 09, 2020 / www.northernminer.com

The mining industry is fraught with capital cost overruns - a quick internet search will turn up many examples. The results quickly highlight that as many as two-thirds of mining projects see cost overruns. Moreover, the researcher can see that it is a decades-long problem. That is, the industry doesn't seem to be getting better at their cost estimates over time. In other words, we aren't learning...Read More

Russia slams Trump's order to mine the moon, asteroids

April 10, 2020 / www.northernminer.com

Russia's space agency Roscosmos has condemned U.S. President Donald Trump's order that encourages citizens to mine the moon and other celestial bodies with commercial purposes.The government body likened the policy to colonialism and said it "hardly sets the countries to fruitful cooperation.""There have already been examples in history when one country decided to start seizing territories in its...Read More

Kasbah's doubtful destiny

April 09, 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 resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources The Moroccan tin mine developer posted a 322% share-price rise over the last...Read More

#Fed Unveils New Bailout Program, Will Provide Up To $2.3 Trillion In Loans To "Support Economy"

April 09, 2020 / www.zerohedge.com

In its latest unprecedented economic bailout program, the Fed on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economyRead full newsRead More

UPDATE 1-MMG declares force majeure on supply from Las Bambas #copper mine - sources

April 09, 2020 / reut.rs

Australia-based miner MMG Ltd has declared force majeure on copper concentrate supplies from its Las Bambas mine in Peru, four sources told Reuters on Thursday.Read full newsRead More

Sumitomo Corporation announces temporary suspension of mining operations in response to COVID-19 (Silver/Zinc/Lead...

March 26, 2020 / twitter.com

"Sumitomo Corporation announces temporary suspension of mining operations in response to COVID-19 (Silver/Zinc/Lead and #Nickel mining projects) https://t.co/oGDBqjOX7M"Read full newsRead More

Scorpio Gold Cash Conservation Measures in Response to COVID-19

April 11, 2020 / dlvr.it

VANCOUVER, BC / ACCESSWIRE / April 8, 2020 / Scorpio Gold Corporation (Read full newsRead More

Scorpio Gold Cash Conservation Measures in Response to COVID-19

April 10, 2020 / dlvr.it

VANCOUVER, BC / ACCESSWIRE / April 8, 2020 / Scorpio Gold Corporation (Read full newsRead More

Junior Gold Stocks Fly Higher As Markets Sell-Off

April 10, 2020 / dlvr.it

Are These Gold Stocks On Your List This Week? Apr 07, 2020 (GoldStocks.com via COMTEX) --Which gold stocks are you watching right now? If you're looking at...Read full newsRead More

Can ASX 200 gold shares boost your returns amid the coronavirus crisis?

April 09, 2020 / dlvr.it

Amid the current coronavirus crisis, could these 3 ASX gold shares be a good long-term buy? The post Can ASX 200 gold shares boost your returns amid the coronavirus crisis? appeared first on Motley Fool Australia.Read full newsRead More

RT @1933Industries: Cultivating Craft Cannabis Is An Art

April 09, 2020 / 1933industries.com

- An interview with 1933 Industries' heads of cultivationRyan and Jennie George know how to cultivate craft cannabis. They have been perfecting their skills since 2008 when they established a small grow in their home state of Arizona, eventually building a 5,000 sq. ft. operation. "We spent several years learning the complexities of cultivating craft cannabis. It was important for us to learn th...Read More

NexTech (@NexTech_AR) (#OTCQB: $NEXCF | #CSE: $NTAR) Earns Record-Breaking #Revenue & Gross #Profit for March [...

April 09, 2020 / twitter.com

"NexTech (@NexTech_AR) (#OTCQB: $NEXCF | #CSE: $NTAR) Earns Record-Breaking #Revenue & Gross #Profit for March [https://t.co/CpfJQqFnEC]#investing #stocks #stockmarket #trading #investors #news #investing #business #covid19 #coronavirus #VR #AI #virtualreality #augmentedreality"Read full newsRead More

@GoldTelegraph_ @MacleodFinance @LawrenceLepard @EpsilonTheory @PeterSchiff @PeterNBell @wmiddelkoop @fleckcap...

April 07, 2020 / twitter.com

"@GoldTelegraph_ @MacleodFinance @LawrenceLepard @EpsilonTheory @PeterSchiff @PeterNBell @wmiddelkoop @fleckcap @GlobalProTrader @biancoresearch @judyshel Show us China, & Europe & their deficit charts & then compare their currency charts to USD. Trade is not what makes the USD.But where BIG money PARKS.It is the deepest most liquid market on earth.China doesn't even have an intern...Read More

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