Recent News

FORECAST: European silicon prices expected to rise on US decision

March 26, 2018 / www.metalbulletin.com

Market participants believe that the vote in the US International Trade Commission (ITC) on Friday March 23 - against the imposition of silicon import duties on material from Australia, Brazil, Norway and Kazakhstan - will help to raise silicon prices in Europe.But they also believed that the price rise would be subdued, because prices in China were weakening.Metal Bulletin assessed the price of g...Read More

CUSTOMER NOTICE: Changes to LBMA Gold and Silver Price publication

March 26, 2018 / www.metalbulletin.com

The LBMA Gold and Silver prices will no longer be available in the public domain or on the FastMarkets platform with respective delays of 30 minutes and 15 minutes from April 3.Instead, these delayed prices will be published in the public domain at midnight on the date of...Read More

GLOBAL SILICON WRAP: Chinese export market continues to weaken; European prices hold steady

March 26, 2018 / www.metalbulletin.com

The Chinese silicon export market continued to weaken over the past week due to soft demand, while prices in the European market were unchanged.Metal Bulletin assessed the Chinese grade 553 silicon export price at $1,960-2,000 per tonne on Friday March 23, down from $1,980-2,030 per tonne in the prior week, with sellers lowering their offer prices to entice business from otherwise uninterested buy...Read More

IN FIGURES: China's minor metals exports, imports in February

March 26, 2018 / www.metalbulletin.com

Summary of China's minor metals exports and imports in February 2018.Unwrought bismuth metal exports Month total: 224 tonnes On month: -34.88% On year: +53.93%* Wrought bismuth metal exports...Read More

METALS MORNING VIEW 26/03: Metals remain under pressure, while other markets rebound

March 26, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange are down across the board by an average of 0.5% this morning, Monday March 26, led by a 1.1% fall in copper to $6,577 per tonne. Volume has been high with 12,433 lots traded as of 07:18 am London time.In precious metals, gold prices are off by 0.2% at $1,344.89 per oz, while silver and platinum prices are little changed and palladium prices are up by...Read More

EC starts safeguard investigation into 26 steel products

March 26, 2018 / www.metalbulletin.com

The European Commission (EC) launched a safeguard investigation on Monday March 26 into 26 steel product types in an attempt to prevent the redirection of steel in the global export markets from the United States to the EU market."[The investigation] concerns products of all origins, and its opening does not prejudge its results," the EC said. "However, the procedure may result in the imposition o...Read More

South Korea works to ease 70% steel import quota limit set by US

March 26, 2018 / www.metalbulletin.com

South Korea is working to ease the steel import quota limits imposed by the United States following its Section 232 investigations, the Korea Iron & Steel Association (Kisa) said on Monday March 26.The 70% quota is based on the average US import volumes from South Korea for 2015-2017, which is about 74% of 2017's total, and was imposed after the US exempted South Korea from the Sect...Read More

IN FIGURES: China's base metal imports in February

March 26, 2018 / www.metalbulletin.com

A summary of China's base metal imports figures in February 2018.Refined copper Month total: 229,611 tonnes On month: -27% On year: -1.82% Copper ore and concentrates Month total: 1.45 million tonnes On month: -10.44% On year: +1.57%* Copper scrap Month total: 129,817 tonnes On month: -35.06% On year: -52.44% Aluminium Month...Read More

Lundin closes $400-million financing to complete Ecuador gold project

March 26, 2018 / www.mining.com

Canada's Lundin Gold (TSX:LUG) has closed a $400-million financing that will help it complete the construction of its flagship Fruta del Norte gold project in Ecuador, expected to begin production in late 2019.The Vancouver-based company, which last month secured a $250-million investment from Newcrest Mining, which is part of the total announced today, said the Australian miner now owned 27.1%...Read More

Hecla Mining sues Montana after told to clean up before starting new projects

March 26, 2018 / www.mining.com

Silver producer Hecla Mining (NYSE: HL) is taking Montana environmental regulators to court for labelling the company and its top executive as "bad actors," while giving them 30 days to iron out a complaint that accuses them of violating the state's mine clean-up laws.The Montana Department of Environmental (DEQ) notice to the company, which could require it to pay up to $30 million, focuses on s...Read More

SolGold on a roll, confirms major copper-gold target at Ecuador project

March 26, 2018 / www.mining.com

Shares in Ecuador-focused miner SolGold (LON:SOLG) (TSX:SOLG) received a fresh boost on Monday, after it said it had found "strongly mineralized" extensions at its 85%-owned Cascabel copper-gold project, 180 km north of the country's capital Quito.The discoveries, the Australian miner said, are predicted to significantly increase Cascabel's high-grade resource tonnage. The project, located on th...Read More

Platinum Mines in the World's Top Producer Are Shrinking - by Felix Njini and Eddie Van Der Walt (Bloomberg News - March 26, 2018)

March 26, 2018 / republicofmining.com

https://www.bloomberg.com/"Ramaphoria" boosted the rand and revived investor sentiment on South Africa. But deep underground in the country's platinum mines, there's very little cause for optimism.Producers in South Africa, which accounts for about 70 percent of the world's mined platinum, are closing shafts and cutting thousands of jobs as a stronger rand combines with stagnating prices for the m...Read More

RERUN: Holding Gold Makes Me Happy - Robert Kiyosaki

March 26, 2018 / www.kitco.com

Mar 27, 2018 Guest(s): Robert Kiyosaki Holding real gold is the best way to have steady income, says Robert Kiyosaki, best-selling author of "Rich Dad Poor Dad" and his latest book "Why The Rich Are Getting Richer. "Kiyosaki has been a self-proclaimed gold bug since 1972, and in his latest interview with Kitco News, he explained his journey with the yellow metal, from his first foray into gold...Read More

Mining Company Wins the Land Lottery

March 26, 2018 / www.theaureport.com

An explorer in Sonora, Mexico, receives land adjacent to its current property, and increases its land package six-fold. Aztec Minerals Inc. (AZT:TSX.V; AZZTF:OTCQB) was recently awarded two new mineral concessions of 3,149 hectares from a Mexican government land lottery. The land is adjacent to the company's Cervantes project in Sonora and expands its land package six-fold.The company noted that...Read More

KMW Blog Mar 26, 2018: Discovery Watch Mar 26, 2018 with Jim Goddard and John Kaiser

March 26, 2018 / secure.kaiserresearch.com

Posted: Mar 26, 2018JK: Discovery Watch Mar 26, 2018 with Jim Goddard and John KaiserPublished: Mar 26, 2018HSC: Discovery Watch Mar 26, 2018: Blockchain Taking the Taint Off CobaltDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The p...Read More

Alasdair Macleod: China's Plan to End Dependency on American Trade

March 26, 2018 / marketsanity.com

The timing of America's announcement on new tariffs is circumstantially connected with China. In an announcement of enormous importance, a date Continue...Read More

PetroYuan is a Huge US Success Story, Not a Chinese One

March 26, 2018 / marketsanity.com

Ignore the hype about the death of the dollar and currency whales. The PetroYuan is a US success story.Continue...Read More

Get-Diamonds Partners with Rock & Trade E-Commerce Platform for Chinese Jewelers

March 26, 2018 / www.idexonline.com

(IDEX Online) - Get-Diamonds, the official B2B e-commerce platform of the Israeli diamond industry, has signed an official partnership agreement with Rock & Trade, a diamond website especially for Chinese jewelers and suppliers.   Through this agreement all goods offered on Get-Diamonds will automatically be offered on the Chinese language site.   The Israel-based Rock & Trade...Read More

ALROSA's Supervisory Board Approves Purchase Of 10% Of PJSC Alrosa Nyurba

March 26, 2018 / www.idexonline.com

(IDEX Online) - ALROSA's Supervisory Board in the course of absentee voting that took place on 21 March 2018 has considered and recognized the advisability of increasing share of ALROSA in share capital of PJSC Alrosa Nyurba up to 97.49 per cent.   Currently, ALROSA owns 87.48 per cent of Alrosa Nyurba's shares, 10 per cent belong to the JSC RIK-Plus owned by the Republic of Sakha (...Read More

The Swamp Wins

March 26, 2018 / dailyreckoning.com

“Democracy is the theory that the common people know what they want and deserve to get it good and hard," said Baltimore's own H.L. Mencken.The American people are about to get it - good and hard...The president signed a budget-busting $1.3 trillion "omnibus" spending bill Friday - the second largest ever of its kind.American democracy will glory in even more spending... even more boondoggle...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok