Seaborne iron ore prices dived further on Wednesday August 21, falling to a level last seen just after Vale's tailings dam accident in Brazil late in January.Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $82.38 per tonne, down by $5.56 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $82.76 per tonne, down by $5.56 per tonne. Fastmarkets' index for i...Read More
Seaborne coking coal prices remained largely stable on Wednesday August 21, with buyers taking a wait-and-see approach.A branded cargo of premium hard coking coal was offered at $150 per tonne fob Australia on the Global Coal trading platform during the day, sources said.Steel mill sources in India highlighted the bleak downstream market conditions in the South Asian country, citing a liquidity cr...Read More
China's hot-rolled coil prices continued to fall on Wednesday August 21 due to thin trading despite gains in the futures market later in the day.DomesticEastern China (Shanghai): 3,690-3,710 yuan ($523-526) per tonne, down 20-30 yuan per tonneNorthern China (Tangshan): 3,700 yuan per tonne, down 20-30 yuan per tonneSpot prices dropped after mills lowered their offers by 30-50 yuan per tonne in res...Read More
China's rebar prices retreated in both the domestic and export markets on Wednesday August 21 on weaker demand. Domestic Eastern China (Shanghai): 3,650-3,680 yuan ($517-521) per tonne, down 50 yuan per tonneNorthern China (Beijing): 3,600-3,630 yuan per tonne, down 10-20 yuan per tonneBuyers cut their procurement rates further during the day amid an early round of decreases in the futures market,...Read More
The three-month nickel price traded on the London Metal Exchange approached $16,000 per tonne on Wednesday August 28 morning, trading around $15,970 per tonne during the morning session.LME base metals, despite holding modest gains, are expected to follow a lackluster trajectory today while they continue to track the global equities markets, but sources hope that the three-month nickel contract wi...Read More
The drone sound from the markets has not changed - no progress on United States-China trade talks, continued economic headwinds and various simmering geopolitical concerns.The fact there is more central bank and government talk about monetary easing and the need for stimulus highlights the far from bullish situation the global economy is in and that is reflected in market sentimentAsian equity mar...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumKGHM said higher revenues for the first half of 2019 (US$2.86 billion) were due mainly to 22% better copper sales volumes and 45% more silver, and the stronger US dollar exchange rate, though metal prices, including for copper, were lower.The Lubin-headquartered company's first-half production has it on track to achieve...Read More
The drone sound from the markets has not changed - no progress on United States-China trade talks, continued economic headwinds and various simmering geopolitical concerns.The fact there is more central bank and government talk about monetary easing and the need for stimulus highlights the far from bullish situation the global economy is in and that is reflected in market sentimentAsian equity mar...Read More
Base metals prices on the Shanghai Futures Exchange were broadly under pressure during morning trading on Wednesday August 21, with market sentiment deteriorating amid negative headlines surrounding the United States-China trade dispute. On Tuesday, US Secretary of State Mike Pompeo said that China's Huawei Technologies and other Chinese companies pose a threat to national security and that the US...Read More
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 results from the first hole and top 200m of the second have identified zones of higher-gra...Read More
An overview of the minor metals markets and their latest price moves.Read More
The following Fastmarkets minor metals prices changed on Wednesday August 21:Minor metalsAntimony MMTA standard grade II, in-whs Rotterdam, $/tonne: $5,700-6,000 per tonne from $5,750-6,000Antimony MMTA standard grade II, ddp China, yuan/tonne: 36,500-37,500 yuan per tonne from 36,500-38,000 yuanCadmium 99.95% min,...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures advanced 22 points in pre-opening trade.The Canadian Dollar added 0.14 to U.S. 75.35 cents after Canada's July Consumer Price Index was released at 8:30 AM EDT. Consensus was an increase of 0.2% versus a drop of 0.2% in June. Actual was an increase of 0.5%. On a year-over-year basis, CPI increased at a 2.0% rate versus consen...Read More
On Saturday, August 24, the Colorado Classic, a four-stage women's pro road cycling race, comes to Golden. Last month, the Classic and Colorado School of Mines, convened a panel of trailblazing women, athletes, and engineers on the Mines campus to share stories and advice. Appearing before an audience of prospective students and families, cycling fans and campus supporters on July 26, the three p...Read More
Colorado School of Mines is proud to announce 28 new faculty members for the 2019-20 academic year.Peter H. AaenProfessor and Department Head, Electrical EngineeringPhD, Arizona State UniversityPeter H. Aaen joins Mines from the University of Surrey (UK), where he was a reader (full professor) of microwave semiconductor device modeling. He also served as director of the Nonlinear Microwave Measure...Read More
Great Bear Resources (TSXV: GBR) released the latest drill results from its wholly owned Dixie project in the Red Lake district in Ontario.A new, high-grade sub-zone was discovered to the west of, and above, the Hinge zone, returning 30.81 grams gold per tonne over 3 metres within an intercept of 7.4 grams gold over 13 metres at 68 metres vertical depth. The new sub-zone was also tested to 140 met...Read More
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 consultingOne of the few benefits of late middle age is to be granted the right to say silly, ill-inform...Read More
". @OIMItalia advises several South African blue-chip companies and has managed assignments in Europe, Australia, America and other African countries.#OIM Managing Director Arjen De Bruin will be taking to the #FOMEMEA stage this September in London, UK #futureofmining"Read full newsRead More
August 20, 2019 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / August 19, 2019, 2018 / Harmony Gold Mining Co. Ltd. (NYSE: HMY) will be discussing...Read full newsRead More
Harmony Gold Mining Co. Ltd. (HAR.JO) on Tuesday reported that its net loss in fiscal 2019 narrowed by 42% on lower impairments and the company benefited...Read full newsRead More