The Rotterdam aluminium premium fell for a second straight day, with a looming backwardation in the July/August spread pushing the market down and stirring expectations of further drops.P1020A aluminium in Rotterdam on a duty-unpaid basis fell to $120-135 per tonne on Wednesday May 23 from $125-140 per tonne on Tuesday. The benchmark premium has fallen nearly 20% since the start of the month.Nearb...Read More

Chris Evans has become head of strategy at Circulor, which provides blockchain technology to the electric vehicles (EV) supply chain. Evans, who was most recently commercial director at NFEx Markets, will be based in London. He was previously head of...Read More

Patrick Vierra of Singapore Bullion invited me to discuss precious metals, the stock market and the fiat currency-fueled asset bubbles that will blow-up sooner or later. I explain why investing in gold requires a long term perspective on investing and wealth preservation, why gold and mining stocks are extremely undervalued right now and why the world wants out of the U.S. dollar.Singapore Bulli...Read More

Chris Evans has become head of strategy at Circulor, which provides blockchain technology to the electric vehicles (EV) supply chain. Evans, who was most recently commercial director at NFEx Markets, will be based in London. He was previously head of...Read More

Premiums for zinc in Rotterdam and Antwerp dropped to multi-year lows this week on feeble spot demand while lead premiums remained stable despite a production lull during the Islamic holy month of Ramadan in Muslim-majority countries. The Rotterdam zinc premium dropped to its lowest in over 2.5 years on thin spot trade Import losses continued to narrow in China with participants looking to br...Read More

Nemaska's hydrometallurgical plant in Shawinigan, Quebec. Source: Nemaska Lithium Inc.Nemaska Lithium Inc. [NMX-TSX, NMKEF-OTCQX, NOT-FSE] shares were active Wednesday May 23 on news that the company is raising up to $402 million to fund a lithium mine and processing plant in Quebec.Over 7.29 million Nemaska shares changed hands in early trading Wednesday, making it the most actively traded stock...Read More

A popular belief in the world of mining investment is that small companies are a better bet than the majors, but I got a surprise this week when running an experiment into that theory because over the past 12 months the big boys have been the clear winners.Tim Treadgold23 MAY 201823/05/2018commentsshare At another time in the financial cycle there might be a different result in an attempt to "buil...Read More

Market participants were eyeing recent global trading volatility and the fundamentals of the bauxite market during Asian Metal's Aluminium Raw Materials Conference in Jinan on May 18 - Metal Bulletin covers the key takeaways from the event. Alumina faces global trading volatility... The global alumina market has been hit by a series of shocks since the start of the second quarter, which triggered...Read More

Exploring the Silver Vista property MR area. Source: Glacier Lake Resources Inc.Glacier Lake Resources Inc. [GLI-TSXV; CLIF-OTC] on Wednesday May 23 released the results from a maiden diamond drill program on its Silver Vista property near Smithers, British Columbia.Silver Vista is a district scale property, covering 20,736 hectares, which has the potential to host bulk-tonnage (open pit) silver a...Read More

The planned expansion of Sterlite Copper's Tuticorin smelter has been called to a halt by the Indian court after a series of local protests, Sterlite's parent company said on Wednesday May 23. An application for renewal of an environmental license for the smelter plant 2, a replica proposed to be built next to the current smelter, shall be decided by the authority on or before September 23 this ye...Read More

Chris Evans has become head of strategy at Circulor, which provides blockchain technology to the electric vehicles (EV) supply chain. Evans, who was most recently commercial director at NFEx Markets, will be based in London. He was previously head of...Read More

Lithium, photo: Dnn87, CC BY 3.0News of a $400 million financing package for a Quebec mine and processing plant put lithium firmly back in the spotlight Wednesday May 23.Nemaska Lithium Inc. [NMX-TSX; NMKEF-OTCQX; NOT-FSE], a leading Canadian player in the lithium exploration and development field, is raising the funds to support commercial development of its Whabouchi lithium mine and Shawinigan...Read More

The inaugural Future of Mining conference in Sydney heard that mining's enduring modus operandi is being challenged on a number of fronts and that the industry is facing 'disruption' on any or all of these fronts - and maybe even from within - over the next decade. Closing keynote speaker Elizabeth Lewis-Gray put a bold exclamation mark on proceedings.Richard RobertsElizabeth Lewis-Gray: "Perhaps...Read More

Here's something I've never understood ...Cannabis consumers who smoke just about anything, but go out of their way to eat only natural and organic foods.How can you take the time and effort to ensure your food is clean, but not your weed?It makes no sense.Especially when you consider that as much as 70 percent of pesticides found in some cannabis is inhaled when smoked.Jeffrey Raber, a chemist fr...Read More

Last week I told you there's a fresh oil play out there right now that holds a lot of similarity to the Bakken. That is, it's an oil formation that had been overlooked for so long, drillers had given up any hope of turning a profit - the way the Bakken was back in the 1950s. Now, there's a good chance you've never heard of the Red Cave formation.Don't worry, you will soon enough. Right now, eve...Read More

Toronto, Ontario - May 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce a mineral resource estimate update for the Separation Rapids lithium deposit which includes results from the 2018 winter drilling program disclosed in the Company's news release dated April 3, 2018. In this program...Read More

The Turkish steel mills extended their silence in the deep-sea scrap markets while the lira weakened further amid sluggish demand for finished steel, sources said on Wednesday May 23.The lira continued to lose value against the US dollar due to the political uncertainty in the Middle Eastern country created by the calling of early elections.And it slid to a new historic low on Wednesday following...Read More

Border Surveillance of ElectronicsCustoms and Border Protection has been slowly ramping up their illegal searches over the past few years.As we discussed in January, over 30,000 people had their electronic devices searched without probable cause or a warrant by Customs and Border Protection in 2017. This was a 50% increase from 2016.I believe anyone on American soil deserves every protection under...Read More

Vancouver, British Columbia - May 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cruz Cobalt Corp. (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2DMG8) is pleased to announce that the company is planning to commence operations shortly on its numerous cobalt properties located in the vicinity of the Ontario cobalt camp.Cruz Director, Seth Kay, stated, "We are very excited at the prospect of starting...Read More

Taiwan's ferrous scrap imports surged by 34% on the year in March, according to the territory's customs agency.Taiwan imported 331,821 tonnes of ferrous scrap during the month, 84,569 tonnes higher than the 247,252 tonnes it took in a year earlier, data from the Taiwanese Customs Administration showed.March's...Read More