At another time in the financial cycle there might be a different result in an attempt to "build my own diversified miner", with the basis of the test being to see whether a group of medium-sized resource stocks which broadly mimic BHP and Rio Tinto in terms of what they produce could outperform the leaders.Read More

VANCOUVER, British Columbia, May 23, 2018 (GLOBE NEWSWIRE) -- Blue Sky Uranium Corp. (BSK.V) (MAL2.F) (BKUCF), ("Blue Sky" or the "Company") is pleased to report that the initial process testing on oxide material from the Company's Ivana uranium-vanadium deposit demonstrated that simple wet scrubbing followed by wet screening results in the upgrading of metal concentration by approximately 300%...Read More

RAPAPORT... Lucapa Diamond Company has upgraded its expectations for theMothae mine in Lesotho after recovering a 25-carat yellow diamond at the asset. The miner found the stone in the "neck zone," a part of the minethat it had not accounted for in its resource estimate, the company saidTuesday. Lucapa also found a 6-carat diamond while carrying out trialprocessing of material from that area. The...Read More

(IDEX Online) - Greenland Ruby will be appearing at the JCK Show in Las Vegas, from June 1-4, and will each day be displaying a mini "iceberg" in which a real Greenlandic ruby has been frozen.   Visitors will be encouraged to guess the carat weight of the encased ruby for a chance to win the gem. Contestants can take 'selfies' in woolly hats with the iceberg, and post "from Greenlan...Read More

CIS export billet prices fell by $9 per tonne on Wednesday May 23 due to a lack of buying activity in the market.Having booked enough material in the previous weeks, customers took a wait-and-see position, in the expectation that the prices of the semi-finished product...Read More

Commodity Discovery Fund founder and chief investment officer, Willem Middelkoop travelled to Sydney, Australia for the inaugural ResourceStocks Sydney 2018 conference, where he spoke on ‘discovery investing' and, in particular, the CDF's major current exposure to the Australian Pilbara conglomerate gold rush.Here he speaks with Mining Journal editor in chief, Richard Roberts, on the sidelin...Read More

U.S. equity index futures moved lower this morning. S&P 500 futures were down 16 points in pre-opening trade. Futures are responding to concerns that the U.S./North Korean talks will not take place. In addition, trade negotiations with China have become uncertain.Canadian Imperial Bank of Commerce (CM $116.86 Cdn) is expected to open higher after reporting higher than consensus fiscal second q...Read More

Listen to this podcast on our site by clicking here or subscribe on iTunes here. FS Insider recently interviewed Don Coxe at Coxe Advisors on the large number of storm fronts that are converging upon the financial markets, whether in the disruption to the fundamental pricing mechanism that dictates corporate valuations or in the form of regulation and its impact on the oil markets.Coxe also expres...Read More

SHANGHAI, May 23 (SMM) – Most nonferrous metals traded weakly, rangebound on Wednesday May 23. SHFE tin recovered slightly from its poor performance last week and gained 0.8%. SHFE copper saw a smaller increase, and closer higher than yesterday. SHFE zinc dropped close to 1%, aluminium slid 0.8%, nickel lost 0.6% and lead dipped.The ferrous complex fell across the board with coking...Read More

SHANGHAI, May 23 (SMM) – Most nonferrous metals traded weakly, rangebound on Wednesday May 23. SHFE tin recovered slightly from its poor performance last week and gained 0.8%. SHFE copper saw a smaller increase, and closer higher than yesterday. SHFE zinc dropped close to 1%, aluminium slid 0.8%, nickel lost 0.6% and lead dipped.The ferrous complex fell across the board with coking...Read More

RAPAPORT... Forevermark has launched a concept store in Shanghai tailored to millennial shopping habits, marking its 1,000th branch in China. The opening of the store, named Libert'aime, also celebrates the brand's 10th anniversary of entering the country. The De Beers-owned brand designedthe branch's diamond-jewelry line with a young, self-purchasing consumer inmind, it said Tuesday. The st...Read More

(IDEX Online) - ALROSA has reopened its representative office in New York and successfully held the first auction in two years for the sale of special size rough diamonds (weighing over 10.8 carats).   The auction was held from April 23 to May 11. In total, 50 companies from the world's largest diamond trading centers, including seven firms from the USA and 43 from Belgium, India, Israel...Read More

The internationalization of iron ore futures traded on the Dalian Commodity Exchange (DCE) emerged as a key discussion topic at the Singapore Exchange's (SGX) 2018 Iron Ore Week. The opening up of the iron ore contract on May 4 followed the announcement earlier this year by the International Energy Exchange (INE), a subsidiary of the Shanghai Futures Exchange, that it would allow non-Chinese compa...Read More

SHANGHAI, May 23 (SMM) – Most nonferrous metals traded weakly, rangebound on Wednesday May 23. SHFE tin recovered slightly from its poor performance last week and gained 0.8%. SHFE copper saw a smaller increase, and closer higher than yesterday. SHFE zinc dropped close to 1%, aluminium slid 0.8%, nickel lost 0.6% and lead dipped.The ferrous complex fell across the board with coking...Read More

SHANGHAI, May 23 (SMM) – As supplies accumulated in Shanghai, spot copper offers widened to a discount of 110-30 yuan/mt over the SHFE 1806 contract on Wednesday May 23. This compared with a discount of 90 yuan/mt to flat on Tuesday.As supplies of standard-quality copper grew, especially of imported brands, offers fell to a discount of 110 yuan/mt from 90 yuan/mt the previous day. Trans...Read More

A fire at United Stainless Steel Company's (USCO) stainless steel re-rolling mill in Salman Industrial City in Al Hidd, northern Bahrain, early on Tuesday May 22, has halted operations and could result in lost production, market sources told Metal Bulletin on Wednesday May 23.A fire at United Stainless Steel Company's (USCO) stainless steel re-rolling mill in Salman Industrial City in Al Hidd, nor...Read More

SHANGHAI, May 23 (SMM) – China will slash import tariffs on certain vehicles to 15%, the Ministry of Finance (MOF) said on Tuesday May 22. Cuts will take effect on July 1.This includes the current 25% tariff levied on 135 items and the 20% duty on four items.Tariffs on 79 auto parts will fall to 6%, from current levels of 8-25%. Auto parts that will have lower import duti...Read More

SHANGHAI, May 23 (SMM) – In Shanghai's spot zinc market on Wednesday May 23, traders continued to lower premiums from Tuesday given fewer transactions. Downstream buyers maintained their bearish outlook on zinc prices, SMM learned. Despite lower offers, overall transactions remained flat from Tuesday in Shanghai. The SHFE zinc 1806 contract hovered between a narr...Read More

SHANGHAI, May 23 (SMM) – Copper: Copper prices rebounded as the US dollar weakened overnight. LME copper touched a high of $6,999/mt as the inventory shrank 2,752 mt following days of increase. It is likely to trade at $6,930-7,030/mt today with strong support while the SHFE 1807 contract is to trade at 51,800-52,200 yuan/mt. Adequate supplies are likely to widen spot discounts to ...Read More

SHANGHAI, May 23 (SMM) – China will slash import tariffs on certain vehicles to 15%, the Ministry of Finance (MOF) said on Tuesday May 22. Cuts will take effect on July 1.This includes the current 25% tariff levied on 135 items and the 20% duty on four items.Tariffs on 79 auto parts will fall to 6%, from current levels of 8-25%. Auto parts that will have lower import duti...Read More