It's happened several times in the last couple of months - someone approaches me, clipboard in hand, and asks if I'm a California voter. Then, barely waiting for my response, they start asking me to sign a petition related to rent control.The first time it happened, at my local organic market in Santa Barbara, I just politely said "no thanks."The most recent time, at a professional women's surfing...Read More
Under the cloud of the continuing US/China trade dispute, which has no end in sight and is weighing on global economic activity, market sentiment is subdued. But numerous events are buffeting prices - with nickel supported by short-covering and fresh buying against concerns about present and future supplies, while copper mine supplies may be affected by strikes at ports in Peru. Zinc and tin, rema...Read More
Key data from the pricing sessions in Asia and Europe in the week ended Friday August 9. China Key drivers The price of antimony MMTA standard-grade II, ddp China ended a month of stability last week, dropping after some domestic suppliers lowered their offer prices to secure sales. Concerns over the possible outflow of antimony stocks held in Fanya Metal Exchange warehouses in the nea...Read More
A summary of the financial results for Austrian steelmaking group Voestalpine for the first quarter of its 2019-20 year, April 1 to June 30.In briefEarnings were down due to the fallout from international trade conflicts and the growing weakness of the global economy, which affects Europe's export-oriented industries.Profit margin came under presure from strong increases in...Read More
The Chinese ferro-silicon market softened over the past week in line with weaker demand, in turn fueling expectations of further price weakness in the near term.In Europe, however, the ferro-silicon market was steady after recording a small bounce in the prior week after suppliers held their offer prices ahead of expected uptick in demand. Chinese market prepares for further losses Europe awaits r...Read More
The upward momentum in global ferro-vanadium markets stalled in the week ended Friday August 9, with prices in Europe and China edging down. Chinese, European FeV prices edge down after spot activity slows V2O5 prices weaken in China while European market continues to riseUS ferro-vanadium prices soften amid renewed activityAfter rising for three consecutive weeks, the export price for ferro-vanad...Read More
UG2 chrome ore prices broke their four-week rally after the depreciation of the Chinese yuan raised purchasing costs for the country's importers. UG2 chrome ore prices down by $1 per tonne in China Domestic, imported ferro-chrome prices hold in China Low-carbon ferro-chrome prices halt their decline in Europe High-carbon ferro-chrome prices unchanged in Europe US high-carbon ferro-chrome market re...Read More
The Colorado School of Mines "M" is visible far beyond Golden in the Denver metro area, but did you know there are 1,653 LED light bulbs illuminating the mountainside emblem?And that it takes five 55-gallon drums of whitewash to freshen it up every August as part of the annual M Climb? The 2019 M Climb will be held the morning of Friday, Aug. 16, with Mines President Paul C. Johnson, faculty and...Read More
More than a decade since Ecuador opened its doors to mining, the Andean country is beginning to see the results.In July, production began at the country's first large-scale mining operation: the Chinese-owned Mirador mine.Located in southern Zamora-Chinchipe province, the open-pit operation is expected to produce almost 100,000 tons (90,700 tonnes) a year of copper in concentrate over the next thr...Read More
The S&P/TSX Composite Index posted a 0.43% gain to 16,341.30. Spot gold finished the trading week at US$1496.20 per oz., up US$56.20 per oz., or 3.9%. The S&P/TSX Global Gold Index gained 6.41% to end at 252.39, while the S&P/TSX Global Base Metals Index lost 5.42% to 94.51, and the S&P/TSX Global Mining Index lost 0.16% to 76.06.Wheaton Precious Metals rose $2.12 to $36.64 per share. Wheaton anno...Read More
The S&P/TSX Venture Composite Index fell 0.49% to 592.82 during the trading week.SilverCrest Metals recorded the biggest value gain, rising $1.08, or 15.3%, to $8.16 per share. The company announced a bought-deal financing by underwriters National Bank Financial and Desjardines Capital Markets that will raise $22 million through the issuance of 3.76 million shares at $5.85 per share. To keep its 9...Read More
Darren BlasuttiIn this episode, acting editor-in-chief Trish Saywell interviews Americas Silver CEO Darren Blasutti on macroeconomics, silver prices and the economic challenges facing silver miners. Blasutti says many silver companies will need much higher prices before they can realize greater profits because of an excess of high-grading at low prices. He also discusses developments at the compan...Read More
"We are delighted to welcome @NaturalArgoCEO Samantha Hyde to the Future of Mining EMEA stage. @NaturalArgois The forefront of #innovative, nontoxic recovery #mining #technology #futureofmining #FOMEMEA @futureofmining https://t.co/OIeKsH6p8z"Read full newsRead More
Tighter drilling and structural modelling are keys to success.Read full newsRead More
"#Currency War Begins: Chinese Yuan Crashes Past 7 To New Record Low; Global Markets Tumble After Beijing Suspends US Agri Imports | Zero Hedge https://t.co/47nIBaFlff"Read full newsRead More
Indonesia's President Joko Widodo will make the final decision on whether t...Read full newsRead More
Consolidation of smaller producers on the cards, but mega-mergers have reset the landscapeRead full newsRead More
"Ethiopia is modernising with help from China. Could that be enough to spark a second golden age of mining? https://t.co/SpU0qMMF0x"Read full newsRead More
"Indonesia is weighing whether to bring forward a planned ban on exports of mineral ores, the country's trade minister said, a day after #nickel prices surged on speculation the country will halt shipments https://t.co/YVwpbrdyeJ via @markets"Read full newsRead More