Tin premiums for standard material were stable globally in the week ended Tuesday January 30 but the market is looking hungrier for Indonesian material and keenly awaiting exports to resume as expected in the coming days. 99.9% tin premiums stable in Europe and China but a bit higher in the United States Indonesian export permit renewal process still main focus Low-lead tin premiums a...Read More
Sometimes I wonder if the Fed is just toying with the financial media and economic analysts. The Fed's constant threat to raise rates and unwind its balance sheet seems to be taken seriously by most commentators. Even the few analysts I respect, like David Stockman, include the assumption the Fed will reduce its balance sheet by a few hundred billion per year.And yet, nearly 5 years past Ber...Read More
Finnish stainless steelmaker Outokumpu expects to encounter continued cost pressure from high prices for graphite electrodes and ferro-silicon in 2018, it said on Wednesday January 31."We're seeing increases in graphite electrode [contract] prices into the early part of 2018 of more than 300% [year-on-year from the average cost in 2017]," chief financial officer Christoph de la Camp said during a...Read More
Tharisa plans to build two new plants and upgrade another, part of its aim to lift production to 2 million tonnes per year of chrome concentrate by 2020, the South African miner said on Wednesday January 31.An upgrade of the miner's Genesis Plant is scheduled for commissioning in July this yearTharisa is aiming for an increase of 15% or 180,000 tonnes per year in plant throughput, it said, adding...Read More
Canacol Energy (CNE.TO) has been on a winning streak lately as the success ratio of its exploration program in Colombia is very high. After having made numerous discoveries, the Pandereta 2-well completely surpassed our expectations. This well encountered a net gas payzone of 130 feet with an absolute open flow fate of a stunning 140MMcf per day. Using the more 'appropriate' stable flow rate, 35 M...Read More
Tharisa plans to build two new plants and upgrade another, part of its aim to lift production to 2 million tonnes per year of chrome concentrate by 2020, the South African miner said on Wednesday January 31.An upgrade of the miner's Genesis Plant is scheduled for commissioning in July this yearTharisa is aiming for an increase of 15% or 180,000 tonnes per year in plant throughput, it said, adding...Read More
Red Eagle Mining (R.TO) has re-started the Santa Rosa mill at the beginning of this month, as the company felt comfortable with the size of its stockpile. The development of the underground San Ramon mine is still ongoing with a total of almost 5,300 meters having been completed in 2017 which resulted in the completion of 18 working attack ramps.Of these 18 ramps, 12 are in production (resulting i...Read More
The appreciation of the South African rand since mid-November 2017 should preclude near-term price drops for the country's ores and alloys and will probably lead to further increases, according to producers. Metal Bulletin's indices for South African manganese ore, chrome ore and charge chrome have all been rising since early in December amid strong demand from China. Of those three commodities, t...Read More
The past-producing Snip Mine's 440 Portal and technical crew in BC's Golden Triangle region. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV] is gearing up for a big exploration program this year in a bid to revive two of Canada's most successful high grade precious metal mines - Snip and Eskay Creek - both located in northwest British Columbia's Golden Triangle region.If the company...Read More
Emerald Health Therapeutics Inc. (TSXV:EMH) and Namaste Technologies Inc. (CSE:N) ink an LOI to develop a fully-integrated e-commerce platformSmallCapPower | January 31, 2018: Emerald Health Therapeutics Inc. (TSXV:EMH) and Namaste Technologies Inc. (CSE:N) announced on January 30, 2018, that the two companies have signed a letter of intent (LOI) whereby Emerald Health and Namaste Technologies hav...Read More
New market entrant Syrah Resources forecast a macro change in graphite global supply in the coming years, with battery and EV end markets leading China to become a net importer of the mineral. The graphite market will undergo a shift in structure and pricing that could see China becoming a net importer of natural graphite to meet forecast local demand for electric vehicle (EV) batteries, according...Read More
Hand sample from Nasigon NE showing disseminated copper minerals (bornite, covellite, malachite) in calc-silicate rock at the Mitchi Project in Quebec. Source: Kintavar Exploration Inc.Kintavar Exploration Inc. [KTR-TSXV] on Wednesday January 31 released assays from the first four holes of a 2017-2018 winter drilling program at the Mitchi property, which the company has described as the only pure...Read More
field crew surface sampling breccia pipe 6 (2.1 g/t gold; 93.8 g/t silver) at Soledad Project in Peru. Source: Condor Resources Inc.Chakana Copper Corp. [PERU-TSXV] shares began trading on the TSX Venture Exchange Wednesday January 30 as the company released new assays from its Soledad copper-silver-gold project in Peru. By early afternoon Wednesday, the shares were trading at 85 cents, up $0.76 o...Read More
Billet import volumes into Turkey have fallen over the past three years, with the producers opting to buy scrap because the price margin between these two products has widened since the second half of 2016, making scrap imports more profitable.In 2015, Turkey imported 7.85 million tonnes of steel billet, while scrap imports totaled 16.25 million tonnes in the same year, according to the Turkish St...Read More
Turkish steel producers went quiet again on Wednesday January 31 but still expected to book more cargoes for March, according to sources.Market participants expected the Turkish buyers to show some buying interest through to the end of the week."The Turks need to buy more scrap for March. I think they will be back in the...Read More
Commodities fund Tiberius is seeking to underpin a new world of digital currency transactions with a bullish future for industrial and precious metals, by launching a physical metals-backed cryptocurrency called Tiberius Coin.The fund, based in Zug in Switzerland, has more than $300 million of assets under management. In March, it will allow initial investment in the currency ahead of an ICO, or I...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Solstice Gold (TSXV: DVI) Raises $8.37 Million as Dunnedin Completes Spin Out of Gold Assets at Kahuna Project Vancouver, British Columbia - January 31, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Dunnedin Ventures Inc. (TSXV: DVI) (the "Company") to...Read More
Stress will kill you. Most people know this intuitively. Stress weakens your immune system. Stress allows your body to be more easily controlled by pathogens.A recent study compared two sets of mice. One set had a certain stress receptor cell, and one set did not. Normal mice exposed to stress had a higher rate of disease than mice exposed to stress who lacked the stress receptor cell. This held...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Tudor Gold (TSXV: TUD) (FSE: TUC) Reports 94.5m of 0.75 g/t Gold at Treaty Creek, Including 76.5m of 0.86 g/t Gold Vancouver, British Columbia - January 31, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Com...Read More
Comex copper prices bounced back on Wednesday January 31 after a multi-session downturn with a softening dollar lifting the metals complex. Copper for March settlement on the Comex division of the New York Mercantile Exchange gained 2.90 cents or 0.9% to $3.2180 per lb. The contract had been on a four-day losing streak. "Judging by the limited pullback and decent dip-buying interest, bulls are sti...Read More