Recent News

Q2 MJP close to settlement with more aluminium deals concluded at $129/t

March 08, 2018 / www.metalbulletin.com

Major aluminium producers and Japanese buyers are closer to reaching a premium settlement for its second-quarter aluminium supply after further deals were concluded at a premium of $129 per tonne to main Japanese ports (MJP). Second-quarter deals amounting to close to 40,000 tonnes have been reported to Metal Bulletin since the start of this week. The first deal was confirmed on Monday. The $...Read More

Scientists closer to producing safer and longer-lasting lithium battery

March 08, 2018 / www.mining.com

Researchers from Arizona State University have developed a new method to produce lithium-metal batteries that allows for a controlled dendrite growth, which makes them safer and longer-lasting.The team found that using a 3-D layer of polydimethylsiloxane (PDMS), or silicone, as the substrate of the lithium metal anode can mitigate the formation of dendrites, which are needle-like growths that app...Read More

Cobalt consumers main victims of Congo's new mining code - analysts

March 08, 2018 / www.mining.com

The Democratic Republic of Congo imminent law that more than double the tax miners operating in the country pay on exports of cobalt, will severely affect buyers of the metal, a key component in the lithium-ion batteries that power electric cars and mobile phones."Given the tight nature of the cobalt market at present, we would expect miners to attempt to pass through higher royalty costs to c...Read More

Swedish Boliden innocent in Chile toxic waste dump case - court

March 08, 2018 / www.mining.com

Swedish mining company Boliden (STO: BOL) won't have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile, a court ruled Thursday.The lawsuit filed in 2013 by around 800 residents of the city of Arica, in northern Chile, alleged Boliden exported 20,000 tonnes of mining waste in the mid-1980s, despite kn...Read More

British Columbia to reform Environmental Assessment Process in the fall

March 08, 2018 / www.mining.com

The government of British Columbia revealed today the timeline that will guide the procedures to reform the province's environmental assessment process.Known by its initials, the EAP is a course of action to predict environmental effects of proposed initiatives, particularly mining and resource extraction projects, before they are carried out. In general, an EAP should identify potential adverse e...Read More

Commentary: Women miners shouldn't be seen as victims - by Leif Brottem (Reuters U.S. - March 8, 2018)

March 08, 2018 / republicofmining.com

https://www.reuters.com/Gold mining in Africa has a bad rap - particularly when it comes to women. Depictions of the trade often focus on poverty, environmental destruction, prostitution and harassment. But in the gold mining belt of Mali, one of the world's poorest countries, the victimization lens does great injustice to the hundreds of women mining alongside men.Women working in the mines would...Read More

The Realest Talk on Gold Right Now - Rick Rule, Amir Adnani - Part 1

March 08, 2018 / www.kitco.com

Mar 09, 2018 Guest(s): Rick Rule Amir Adnani, Chairman, Goldmining Inc. Mining stocks should be trading a lot higher, given that the companies are performing much better than they used to, said Rick Rule, CEO of Sprott U.S. Holdings. Amir Adnani, Chairman of GoldMining Inc., noted that there is a disconnect between gold prices and gold stocks, citing interest in other base metals as a reason....Read More

Kennady Diamonds releases update on Kennady North Project

March 08, 2018 / resourceworld.com

The Kennady Diamonds exploration camp, Northwest Territories. Source: Kennady Diamonds Inc.Winter infrastructure is now in place and two core rigs are fully operational with a total of 990 metres of drilling completed to date. Included in these results are two geotechnical holes and three exploration/delineation holes completed on the Faraday 1-3 kimberlite, with all five holes intersecting kimber...Read More

MGX Minerals releases positive PEA for B.C. magnesium project

March 08, 2018 / resourceworld.com

MGX Minerals project location map. Source: MGX Minerals Inc.The company has filed a technical report which examines the merits of building a conventional quarry pit mine with a processing and furnace/kiln combination to produce a saleable Dead Burn Magnesium oxide (DBM) product along with a caustic-calcined magnesium oxide (CCM) as a separate saleable product."We are extremely pleased with the res...Read More

Victoria Gold arranges $500 million financing for Yukon project

March 08, 2018 / resourceworld.com

Victoria Gold's Eagle Gold Project camp in the Yukon Territory. Source: Victoria Gold Corp.Victoria said it has signed agreements with Orion Mine Finance, Osisko Gold Royalties Ltd. [OR-TSX, NYSE], and Caterpillar Financial Services Ltd. in relation to the financing package.Under the agreement, Osisko Gold Royalties has signed a term sheet with Victoria Gold to acquire a 5% net smelter return roya...Read More

Chinese firm Nextview is poised to complete acquisition of Lithium X Energy

March 08, 2018 / resourceworld.com

The Lithium X Arizaro Project in the Lithium Triangle, Argentina. Source: Lithium X Energy Corp.On December 18, 2017, it was revealed that Nextview is moving to acquire the raw material needed to produce batteries for electric vehicles by scooping up Lithium X Energy in an all-cash deal worth $265 million or $2.61 a share.The deal underscores the high degree of investor interest in lithium, which...Read More

Jim Grant: Bond Bear Market, Inflation, Gold, Junk Bonds, China & Much More

March 08, 2018 / marketsanity.com

Erik Townsend welcomes Jim Grant to MacroVoices. Erik and Jim discuss new Fed governor Powell, treasury yields and how far the FED go before something breaks. They discuss his outlook on inflation, gold, junk bonds, China and the drivers of long term debt cycles. They reflect on History and what happened when the FED did not bail out the banks in 1920 and considerations on what actions the US gove...Read More

Gerald Celente - Bear market-Recession trigger

March 08, 2018 / marketsanity.com

Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More

High Levels Of Fecal Bacteria Found At Popular Spring Break Beaches

March 08, 2018 / marketsanity.com

TexasBeachWatch.com claims that parts of Corpus Christi Bay and North Padre Island both had high amounts of fecal bacteria in their waters.Continue...Read More

Beny Steinmetz's mining firm BSGR enters administration to protect itself

March 08, 2018 / www.miningweekly.com

LONDON – Mining company BSG Resources (BSGR) on Wednesday said it had voluntarily entered into administration, adding it had taken the decision to protect itself as it faces legal action.BSGR, the mining arm of billionaire Beny Steinmetz's businesses, is caught up in legal disputes in relation to the vast Simandou iron-ore project in Guinea.AdvertisementAs well as facing legal action, BS...Read More

Lithium Australia moves forward with large-scale pilot plant

March 08, 2018 / finfeed.com

Published on: Mar 8, 2018 | by finfeedLithium Australia NL (ASX:LIT), a small-cap looking to mine lithium as well as establish a vertically integrated lithium processing business, is undertaking the final steps towards getting its large-scale pilot plant up and running.At this stage, as the company finishes its front-end engineering and design studies, it is also assessing feed sources for the fir...Read More

Paul Craig Roberts: Make-Believe America

March 08, 2018 / marketsanity.com

Americans live a never-never-land existance. The politicians and presstitutes make sure of that. Consider something as simple as the unemployment rate. The US is Continue...Read More

Wage Inflation Coming. Does This Mean Spiking Interest Rates?

March 08, 2018 / dollarcollapse.com

Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was here the other day. As usual he fixed the problem right away and charged us less than expected. We love this guy.While he was working I asked him how business was going. He claimed to be swamped to the point of turning away jobs. I asked why he doesn't...Read More

Wage Inflation Coming. Does This Mean Spiking Interest Rates?

March 08, 2018 / dollarcollapse.com

Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was here the other day. As usual he fixed the problem right away and charged us less than expected. We love this guy.While he was working I asked him how business was going. He claimed to be swamped to the point of turning away jobs. I asked why he doesn't...Read More

2 Stocks to Gain Exposure to the Uranium Market

March 08, 2018 / www.fool.ca

There are differing opinions on whether uranium is ever going to see a revival. Some would argue that with wind and solar power becoming cheaper, the need for large-scale nuclear reactors is going to go away. And with disasters like Fukushima, perhaps that's the right choice.But there are others who believe that to reach true energy scale, solar and wind have not yet proven themselves. And that's...Read More

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