With economic growth still deteriorating - the United States’ second quarter gross domestic product (GDP) came in at 2.1%, compared with 3.1% in the first quarter - the markets have little to cheer about this morning, Monday July 29.Economic headwinds, geopolitical tension in the Middle East and in Hong Kong, combined with some record equity levels make for an unstable market platform. A like...Read More

Base metals prices traded on the London Metal Exchange were largely down during the morning session on Monday July 29, despite inventory outflows seen across all of the metals as of 9am on the same day.Only the LME three-month zinc price gained any ground this morning, trading up by 0.6% from Friday's kerb at around $2,454 per tonne.Market sentiment indicates that the complex's price movement cont...Read More

With economic growth still deteriorating - the United States' second quarter gross domestic product (GDP) came in at 2.1%, compared with 3.1% in the first quarter - the markets have little to cheer about this morning, Monday July 29.Economic headwinds, geopolitical tension in the Middle East and in Hong Kong, combined with some record equity levels make for an unstable market platform.A likely US...Read More

U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point in pre-opening trade. Mylan jumped $3.37to $21.80 after the company announced a deal to merge with Pfizer's Upjohn division.Cooper Tire (CTB $30.47) is expected to open lower after lower than consensus second quarter revenues and earnings. The company also lowered guidance. Goldman Sachs is expected to open high...Read More

With the exception of zinc, base metals prices on the Shanghai Futures Exchange were down during the morning trading session on Monday July 29, dragged down by a firm dollar and trade uncertainty. US-China trade talks restart later today - the first face-to-face discussions since the countries' presidents met in Japan at the end of June - but expectations for a deal are low after White House econo...Read More

Concerns about a possible round of auction for indium stocks held by the defunct Fanya Metal Exchange in the coming months re-emerged among Chinese market participants after the Southwest China's Kunming Superior People's Court announced the second trial result in an open court on Friday July 26, Chinese state news agency Xinhua reported.Kunming Superior People's Court decided to uphold the earlie...Read More

Key data from the pricing sessions in Asia and Europe for the week ended Friday July 26 ChinaKey drivers The Chinese silicon export price has stabilized after a run of losses, with signs of stability in underpinning domestic market sentiment. The domestic market is reaching a floor, with silicon refiners tightening the spot material supply in response to continuing profit losses.Secondary aluminiu...Read More

Spot cobalt prices continued to grind lower in the international market in the week ending July 26, with traders showing a limited appetite to restock despite prices sitting at multi-year lows. Fastmarkets assessed the alloy-grade cobalt price, in-whs Rotterdam, at $12.45-13 per lb on Friday July 26, a fall of 0.8% from the previous assessment. Fastmarkets assessed the price for standard-grade cob...Read More

Key data from the pricing sessions in Asia and Europe for the week ended Friday July 26.ChinaKey drivers The price of antimony MMTA standard-grade II, ddp China, stalled after some major domestic suppliers refused to cut offer prices on noticing resumed buying appetite from downstream consumers.Trading activity picked up last week with several domestic antimony consumers re-entering the market for...Read More

PRIVATE BLOG - Gold is it Time? For What Exactly?Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

A summary of stainless steel producer Acerinox's financial results for the second quarter of 2019, ended June 30.In brief Second-quarter earnings and production output fall significantly year-on-year amid strong import pressure and declining demand in Europe and excess supply in Asia, leading to low prices in both markets. The market in the United States, the company's primary outlet, remains robu...Read More

The Chinese ferro-silicon market has been steady over the past week, consolidating a jump of 5% from the previous week both in domestic and export prices.Chinese market dealers expect further price increases when consumer tenders are settled because heavy industries face strict environmental controls in the near term that may affect production.European trading has been quiet although there are sig...Read More

China's stainless crude steel production increased over the first six months of 2019 amid steady growth in demand.Stainless steel mills produced 14.35 million tonnes of stainless crude steel in January-June period, up 1.13 million tonnes - or 8.51% - from an adjusted 13.22 million tonnes in the first half of last year, according to the China Stainless Steel Council (CSSC) late last Friday Jul...Read More

July 29, 2019 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce a fully subscribed, non-brokered private placement of a combination of units and flow-through shares of the Company for gross proceeds of C$6,000,000 (the “Offering“). Each unit (a "Unit") is being offered at a price of C$0.18 and will be comprised of one common share of t...Read More

Karin Leiderman, associate professor of applied mathematics and statistics at Colorado School of Mines, has received the National Science Foundation's highest honor in support of junior faculty, the NSF CAREER Award.She will receive $509,999 in funding over the next five years to develop new mathematical models and numerical methods for simulating blood clotting - work that could lead to the desig...Read More

Dejun Yang, associate professor of computer science at Colorado School of Mines, is the 2019 winner of the William R. Bennett Prize from the IEEE Communications Society.The Bennett Prize honors researchers for the best original paper published within the last three years, based on its quality, originality, utility, timeliness and clarity of presentation.Yang was recognized for "Incentive Mechanism...Read More

Where are zinc prices headed? It's a question that brings distinctly different opinions and forecasts from the bullish and bearish camps.While zinc's macro-fundamentals could arguably support more robust prices, the metal's price has languished since its decade-high rally to US$1.63 per lb. (US$3,595 per tonne) in early 2018, and has struggled to break above US$1.36 per lb., or US$3,000 per tonne....Read More

Several years after its discovery, Tinka Resources (TSXV: TK) has delivered a preliminary economic assessment (PEA) on the zinc sulphide deposit at its wholly owned Ayawilca project, 200 km northeast of Lima in central Peru.The PEA tables a US$363-million after-tax net present value (NPV), with an 8% discount rate, and a 27.1% after-tax internal rate of return on the zinc sulphide deposit, along w...Read More

Thickened tailings deposition for closureSPONSOREDsrk consultingSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumLake Resources prepares to make a splash in lithium SPONSOREDlake resourcesIn a series of closely-related developments over the past few days, the leading non...Read More

The Dow Jones Industrial Average rose 0.14% to finish at 27,192.45, and the S&P 500 Index jumped 1.66% to 3,025.86. Spot gold fell US$6.70 per oz. to US$1,418.30 per ounce.Arch Coal topped the charts with a gain of US$4.79 to US$91.48. The company reported net income in the second quarter of US$62.8 million, or US$3.53 per diluted share, compared with net income of US$43.3 million, or US$2.06 per...Read More