Peruvian President Mart?-n Vizcarra shared a video on his social media channels where he announces that authorities are going to have a permanent presence in the Amazon to guard against the development of illegal mining activities.Earlier in the year, his administration launched Operation Mercury in the southeastern Madre de Dios department. The initiative involved the deployment of almost 1,600 p...Read More
Peruvian President Mart?-n Vizcarra shared a video on his social media channels where he announces that authorities are going to have a permanent presence in the Amazon to guard against the development of illegal mining activities.Earlier in the year, his administration launched Operation Mercury in the southeastern Madre de Dios department. The initiative involved the deployment of almost 1,600 p...Read More
The world's top diamond producer by output, Alrosa (MCX:ALRS), published this week an updated estimate of its Joint Ore Reserves Committee or JORC reserves and resources."The JORC Code-compliant report from Micon's independent experts estimated Alrosa's diamond resources and reserves as of 1 July 2018 at 1,064 million carats and 628 million carats, respectively," the miner said in a press release....Read More
The world's top diamond producer by output, Alrosa (MCX:ALRS), published this week an updated estimate of its Joint Ore Reserves Committee or JORC reserves and resources."The JORC Code-compliant report from Micon's independent experts estimated Alrosa's diamond resources and reserves as of 1 July 2018 at 1,064 million carats and 628 million carats, respectively," the miner said in a press release....Read More
Researchers with the University of Aberdeen and the University of Glasgow published a study where they state that an abundance of copper played an equally crucial role to oxygen in helping the rise and spread of the earliest animals 700 million years ago.By analyzing a series of geological records, the scientists were able to prove that the level of copper in the environment increased dramatically...Read More
Researchers with the University of Aberdeen and the University of Glasgow published a study where they state that an abundance of copper played an equally crucial role to oxygen in helping the rise and spread of the earliest animals 700 million years ago.By analyzing a series of geological records, the scientists were able to prove that the level of copper in the environment increased dramatically...Read More
Researchers with the University of Aberdeen and the University of Glasgow published a study where they state that an abundance of copper played an equally crucial role to oxygen in helping the rise and spread of the earliest animals 700 million years ago.By analyzing a series of geological records, the scientists were able to prove that the level of copper in the environment increased dramatically...Read More
BALTIMORE, March 14, Mar 14, 2019 (GLOBE NEWSWIRE via COMTEX) -- All amounts expressed in U.S. dollars On March 11, 2019, Barrick Gold Corporation GOLD(ABX)...Read full newsRead More
"Dundee Precious Metals Achieves Major Milestone With First Gold Concentrate Production From Its Krumovgrad Open Pit Gold Mine https://t.co/43tOQ93KMs"Read full newsRead More
BALTIMORE, March 14, Mar 14, 2019 (GLOBE NEWSWIRE via COMTEX) -- All amounts expressed in U.S. dollars On March 11, 2019, Barrick Gold Corporation GOLD(ABX)...Read full newsRead More
The Ontario government has put together a new mining taskforce to help it overhaul the Mining Act.Whereas the previous Liberal government also passed legislation to modernize the Mining Act, Greg Rickford, Mines Minister in the new Progressive Conservative government, says the focus is entirely different."When they were modernizing the Mining Act, the very real fear out in the industry was that it...Read More
Import tariffs on steel products in the United States created under Section 232 are likely to remain in place at least until the end of 2019, the chief executive officer of Gerdau, Gustavo Werneck, said during an event at the New York Stock Exchange on Wednesday March 13.The move from Donald Trump's administration boosted metal spread margins for steel producers in the US. This spread - calculated...Read More
Fastmarkets AMM attended the annual convention of the National Association of Steel Pipe Distributors (NASPD) on Thursday March 7 and Friday March 8 in New Orleans. Here are five themes gleaned in the sessions, on the sidelines and at the soirees.The US Gulf Coast is excited about China LNG import rumors. Reports that China may agree to buy an immense amount of liquefied natural gas (LNG) exp...Read More
Chinese finished steel exports decreased in February on both a yearly and a month-on-month basis amid uncompetitive prices and fewer working days as a result of the Chinese Lunar New Year holiday.The country shipped 4.51 million tonnes of finished steel out of the country last month, down 7% from the 4.85 million tonnes exported in February 2018, according to preliminary Chinese customs data...Read More
When the London Metal Exchange amended its policies related to its physical delivery network a few years ago, it overlooked one key thing. The issue centers on LME's linked load-in/load-out (LILO) rule, which operates by linking the amount of metal a warehouse loads in to the amount it is obligated to load out for warehouses that have queues of over 50 days.The rule changes were part of package of...Read More
Ahead of Fastmarkets' Battery Materials 2019 conference in Shanghai, Fastmarkets looks at use of lithium in next-generation vehicles and other battery uses, as well as soaring prices, which have spurred interest in lithium and boosted its importance in recent years as a battery material. In June 2016, the spot price in China peaked at $27 per kg, more than three times the global contract price, ac...Read More
In contrast to the clear skies outside, a cloud hung over discussions among Indian scrap traders attending the opening session of the annual conference of the Material Recycling Association of India (MRAI) earlier this month in Kochi, southern India.Secretary-general Amar Singh praised the superior air quality in the host city, compared with the metropolises of New Delhi and Mumbai. But delegates...Read More
Please support Tommy's family and fighting his case http://www.freedomfortommy.comRead More
Lucara Diamond Corp (TSX:LUC) has a decade-long history of success-a rare feat among resource companies. Even more impressive is its free cash flow profile, which helps support an impressive 6% dividend, a payout the company has maintained since 2014.The root of Lucara’s success stems from its focus on a resource rich, politically stable, mining friendly country: Botswana.If you want to dive...Read More