A nickel plant at the Ramu nickel-cobalt project in northeast Papua New Guinea, is still in full operation following the discovery of waste spilling into the nearby Basamuk Bay, according to media reports. Authorities are carrying out investigations into the spillage that was discovered over the weekend and Ramu could face compensation claims and possibly closure after investigation, Reuters repor...Read More
The monthly European alloy steel surcharges for September have surged upward from the August levels on higher nickel prices, Fastmarkets heard on Friday August 30.Fastmarkets' stainless steel cold-rolled sheet, 2mm, grade 304 alloy surcharge, domestic, Europe, rose to ?,?1,519-1,557 ($1,681-1,724) per tonne, according to data released by Outokumpu, Acerinox and Aperam. This was an increase of ?,?1...Read More
Grade-304 stainless steel flat product prices in Europe widened upwards this week, while mills confirmed that alloy surcharges for September would increase substantially, sources told Fastmarkets on Friday August 30. Fastmarkets' price assessment for stainless steel cold-rolled sheet, 2mm, grade-304, transaction domestic, delivered North Europe, was ?,?2,300-2,350 ($2,546-2,601) per tonne on...Read More
Fastmarkets MB has corrected its monthly values for European grade-304 stainless steel alloy surcharges, which were published incorrectly on Friday August 30. The Fastmarkets stainless steel cold-rolled sheet 2mm grade 304 alloy surcharge domestic, Europe price assessment was originally published at ?,?1,889-1,934 per tonne. This has now been corrected to ?,?1,519-1,557 per tonne. The Fastmarkets...Read More
The Alliance for the Development of Additive Processing Technologies (ADAPT) celebrated the grand opening of its new laboratory facilities at Colorado School of Mines this week. Members of the industry-academia consortium joined Mines leadership, state officials and guests Aug. 26 at the ribbon-cutting ceremony in the CoorsTek Center for Applied Science and Engineering. Among the new ADAPT fac...Read More
High-grade silver assays are boosting Kootenay Silver's (TSXV: KTN; US-OTC: KOOYF) confidence in its Columba silver project in the Mexican state of Chihuahua. The property is located 25 km south of the city of Nuevo Casas Grandes, with a population of 55,000.Highlights from four drill holes included 1,070 grams silver per tonne over 1 metre within a broader interval of 3 metres grading 516 grams s...Read More
Gold erased early losses to trade slightly higher on Friday and was headed for its biggest monthly gain in over three years as concerns about a slowdown in global growth and hopes for rate cuts by ...Read full newsRead More
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BNN Bloomberg speaks with Ken Hoffman, senior expert, Basic Materials Practice, McKinsey & Company discusses drivers behind higher nickel prices, as well as where copper's been trading lately.Read full newsRead More
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Indonesia's Energy and Mineral Resources Minister Ignasius Jonan said he has signed a new regulation on restricting ore exports, according to a voice recording verified by a ministry spokesman.Jonan, speaking to journalists in Yogyakarta, said nickel ore exports will be allowed until end-DecemberRead full newsRead More
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