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COKING COAL DAILY: Seaborne market quietens down amid continual decline

August 20, 2019 / www.metalbulletin.com

The seaborne coking coal market had a muted start to the week on Monday August 19 amid this month's steady price decline.A cargo of premium low-vol hard coking coal was heard to have been traded at around $162 per tonne cfr China. But not enough details of the trade could be confirmed at the time of writing.Prices for premium hard coking coal on a cfr China basis are down by about 7% from...Read More

Seaborne iron ore concentrate discounts could be set to shrink, pellet market quiet

August 20, 2019 / www.metalbulletin.com

Some discounts on index-linked seaborne iron ore concentrate cargoes began to shrink last week, sources told Fastmarkets, while activity in the spot pellet market remained limited.ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao, stood at $96.28 per tonne on Friday August 16, down $7.49 per tonne from a week earlier.The movement was based on visible market activity...Read More

Flat Steel Products Trade Log, August 19, 2019

August 20, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products. Latest transaction: hot-rolled coilHot-rolled coilEast China, domestic, commercial-grade...Read More

Proyecto Riotinto mill expansion nearly commissioned

August 19, 2019 / www.mining-journal.com

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe dual-listed company (AIM: ATYM/TSX:AYM) said the project had reached mechanical completion and were ready to start receiving ore, and wet commissioning. "The additional electricity supply for the expansion is expected to come on stream during Q3 2019," it said. "The company believes the start-up of the expanded plant...Read More

CHINA REBAR: Domestic prices rise on govt pledge to cut interest rates

August 20, 2019 / www.metalbulletin.com

China's domestic rebar prices increased on Monday August 19 amid rising futures stimulated by plans unveiled by the central Chinese government to lower borrowing costs for companies.Domestic Eastern China (Shanghai): 3,700-3,730 yuan ($525-530) per tonne, up 30 yuan per tonneNorthern China (Beijing): 3,620-3,640 yuan per tonne, up 10 yuan per tonneChina will implement "market-oriented reform measu...Read More

Braveheart aiming for Bull River restart

August 19, 2019 / www.mining-journal.com

De-risking delivers value in GalenaSPONSOREDgalena miningThe company said it had received an amendment to its mines act permit which would allow for exploration and groundwater drilling at the permitted mine area.Read More

Sun Metals welcomes gold content at Stardust

August 19, 2019 / www.mining-journal.com

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe first three step-out holes, from the 421 discovery hole drilled last year, have intersecte...Read More

Base metals prices mixed this morning; tin underperforms with 1.3% decline

August 19, 2019 / www.metalbulletinresearch.com

A wave of risk-on sentiment is flowing through broader markets this morning, Monday August 19, on expectations that central banks will provide stimulus going forward to cushion moves toward recession. Asian equites are in positive territory, led by a 2.33% gain in the Hang Seng. Gold prices have eased, with spot gold recently quoted at $1,508 per oz.The problem is that while this may pro...Read More

US, Russia raise fresh objections to EC carcinogen labels for cobalt, TiO2

August 20, 2019 / www.metalbulletin.com

The United States has restated its opposition to an EU proposal to classify titanium dioxide and cobalt as possible carcinogens, asking the European Commission (EC) to consult with the World Trade Organization (WTO) before taking further action.In a statement in July 2019 to the WTO's Committee on Technical Barriers to Trade, the US said that it was "disappointed" that the EC was making the move w...Read More

GLOBAL SILICON SNAPSHOT: Europe 5-5-3 price dips; low appetite weakens Chinese export, Europe sentiment

August 20, 2019 / www.metalbulletin.com

Key data from the pricing sessions in London and Shanghai in the week ended Friday August 16. Europe Key drivers  The European 5-5-3 silicon price dropped after two weeks of stability with one significant purchase reported at around ?,?1,500 ($1,664) per tonne.  The silicon grade 4-4-1 quotation was unchanged due to reduced activity with no spot deals reported.  In general, demand f...Read More

GLOBAL ANTIMONY WRAP: European, Chinese prices soft on slow demand; mixed views on Fanya auction

August 20, 2019 / www.metalbulletin.com

The price of antimony softened in both the European and Chinese markets in the week ended Friday August 16, while the markets reacted to the news that the last of the antimony materials held by the defunct Fanya Metal Exchange will be auctioned later this month.EuropeIn Europe, Fastmarkets assessed the price of antimony, MMTA standard grade II, in-whs Rotterdam, at $5,750-6,000 per tonne on Friday...Read More

Tech Talk for Monday August 19th 2019

August 19, 2019 / www.timingthemarket.ca

Following is a link:http://www.equityclock.com/2019/08/18/stock-market-outlook-for-august-19-2019/Note seasonality chart on U.S. New Housing Starts.Market Call Tonight on BNNBloomberg at 6:00 PM EDTGuest analyst tonight is Jeff Parent from CastleMoore. The Bottom LineThe traditional period of summer weakness in world equity markets continued last week despite a favourable bounce by world equi...Read More

CBS4 Denver joins incoming students on M Climb

August 19, 2019 / www.minesnewsroom.com

The incoming class of Mines students kicked off the new academic year Aug. 16 with the annual M Climb, and CBS4 Denver was there to capture the three-mile hike up Mount Zion.Watch the full segment below:Read More

Fleckenstein talks tech at oil and gas conference

August 19, 2019 / www.minesnewsroom.com

Will Fleckenstein, director of strategic relationships and enterprises for earth resource and environmental programs at Colorado School of Mines, was a featured speaker at the recent EnerCom Oil and Gas Conference in Denver. Fleckenstein's talk was titled "Technology Trends - Will Costs Continue to Drop in Unconventionals?" In it, he made the case that technology development has precursors that p...Read More

Mines welcomes students, new provost for start of fall classes

August 19, 2019 / www.minesnewsroom.com

It's the first day of classes at Colorado School of Mines not just for students but also for new Provost Rick Holz. In college, on the first day of school, there's probably no one taking a cute photo of you with your backpack on, standing on the front stoop of your house.But it got us thinking: What does a provost do on the first day of a new academic year? We sat down with Dr. Holz to get the a...Read More

Commentary: Security measures critical amid heightened risk in West Africa

August 19, 2019 / www.northernminer.com

The following is a summary of conclusions coming out of the West Africa Mining Security Conference provided by the Australian High Commission in Accra and the Australia-Africa Minerals & Energy Group, which represents Australian companies engaged in the development of Africa's resource industry. More than 78 mining companies based in Australia came together in Accra in June to consider solutions...Read More

Giyani Metals completes study on manganese project in Botswana

August 19, 2019 / www.northernminer.com

Giyani Metals (TSXV: EMM) has published a preliminary economic assessment (PEA) for its 88%-owned K.Hill manganese project in Botswana.The early-stage study forecast total production of 245,000 tonnes of high-purity, electrolyte manganese metal (HPEMM) over nine years.Based on a projected average price of US$4,700 per tonne HPEMM, the K.Hill project would yield an after-tax, net-present value of...Read More

Fremont sells Gold Canyon interest to McEwen

August 19, 2019 / www.northernminer.com

Fremont Gold (TSXV: FRE) has signed an agreement to sell its rights and interest in the Gold Canyon gold project in Nevada to McEwen Mining (TSX: MUX) in exchange for 300,000 McEwen shares.Gold Canyon is a past-producing gold mine adjacent to McEwen's Gold Bar mine in Eureka County's Gold Bar district. It produced approximately 41,000 oz. gold between 1990 and 1994 at an average grade of 2.67 gram...Read More

JV Article: Great Bear Resources Just Getting Started in Red Lake

August 19, 2019 / www.northernminer.com

Most investors enter the junior gold market seeking the elusive "ten-bagger." Most of them leave disappointed.But in less than a calendar year many patient investors in Great Bear Resources Ltd. (TSXV: GBR) have been rewarded with those kinds of returns - and more.On Aug. 15 2018 Great Bear Resources shares were trading at 50 ?. As of mid-August 2019 shares in the plucky gold junior had topped $5....Read More

Greenland takeover could be trump card for miners

August 19, 2019 / www.mining-journal.com

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe initial reaction to the idea attributed to the US president by the Wall Street Journal new...Read More

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