Recent News

Mountain Province Cuts 2020 Production Forecast

June 21, 2020 / www.diamonds.net

RAPAPORT... Mountain Province has reduced its production outlook for the year amid the challenges posed by the coronavirus pandemic and its impact on operations.The miner now expects to produce between 6.3 million and 6.4 million carats in 2020 from the Gahcho Ku?(C) mine in Canada, compared to its earlier outlook of 6.75 million to 6.95 million carats, it said last week. That figure represents to...Read More

Nurburgring Nordschleife 21.06.2020 Action, Highspeed & Traffic!

June 21, 2020 / www.youtube.com

In this video you will see touristenfahrten (public driving) on the Nurburgring Nordschleife on 21 06 2020. I filmed at entrance Foxhole (for some highspeed flybys), Metzgesfeld (unfortunately there was a yellow due to a technical defect, not a crash) and Wehrseifen. Al though it was fairly busy at the beginning of the day, it got much quieter later on which is great for driving but not for videos...Read More

@GeoffRBennett @juliamacfarlane Here's more video. Oh wait wrong gathering.....

June 20, 2020 / youtu.be

Shocked Clinton Supporters Shed Tears | The mood among Hillary Clinton supporters at New York's Javits Center on election night was far from joyous. http://a...Read full newsRead More

Altamira Gold Hires Experienced Mine Operator to Manage Construction of Processing Plant at Cajueiro Gold Project

June 20, 2020 / dlvr.it

Vancouver, British Columbia--(Newsfile Corp. - June 18, 2020) - Altamira Gold Corp.'s (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF) (Read full newsRead More

Uncertain Economic Prospects Point Towards Gold

June 20, 2020 / dlvr.it

NEW YORK, June 18, 2020 /PRNewswire via COMTEX/ --NEW YORK, June 18, 2020 /PRNewswire/ -- The value of gold is problematic to forecast, as it contingent on...Read full newsRead More

Chevron's 'Black Lives Matter' Tweet Prompts a Debate About Big Oil and Environmental Justice | InsideClimate News

June 20, 2020 / insideclimatenews.org

The oil giant denounced racism and pledged to increase diversity in its workforce, but some activists see burning fossil fuels as inherently racist.Read full newsRead More

Maersk Tankers Changes Course in Volatile Oil Markets | MarketScreener

June 20, 2020 / www.marketscreener.com

By Costas ParisMaersk Tankers A/S is resetting its business model as it tries to navigate volatile energy markets that are sending earnings in the oil products shipping sector on a tumultuous... | June 20,2020Read full newsRead More

Oil's road back to $40 signals economic and job snap back: Phil Flynn

June 20, 2020 / finance.yahoo.com

The eclipse of the important WTI $40 price level bodes well for the economic recovery.Read full newsRead More

Vale, Sumitomo to sell 20% of PT Vale Indonesia to state-owned Inalum

June 20, 2020 / www.metalbulletin.com

Brazilian miner Vale and Japan-based Sumitomo Metal Mining Co have agreed to sell 20% of their joint stake in nickel producer PT Vale Indonesia to state-owned Inalum, a necessary step to renew its operating license past 2025, Vale said on Friday June 19.Vale will sell 14.9% of its shares in the Indonesian company, owned through the subsidiary Vale Canada Ltd, and Sumitomo will divest its 5.1% stak...Read More

Glencore says Swiss Attorney General has opened probe over its DRC dealings

June 20, 2020 / www.metalbulletin.com

The Attorney General of Switzerland has begun criminal investigations into Glencore's business practices in the Democratic Republic of the Congo (DRC), the company said on Friday June 19.Baar, Switzerland-headquartered Glencore said it had been informed today that the investigation had commenced due to "failure to have the organizational measures in place to prevent alleged corruption," it said."G...Read More

DGH Group starts insolvency proceedings, more diecasters may follow - sources

June 20, 2020 / www.metalbulletin.com

German diecaster DGH Group has begun insolvency proceedings, sources close to the matter told Fastmarkets on Friday June 19.Fastmarkets understands that the insolvency action pertains to three group companies - DGH Heidenau, DGH Hof and DGH ZIT - with appointed insolvency administrator Franz-Ludwig Danko currently considering potential restructuring options.The company, headquartered in Donha, Ger...Read More

BATTERY RAW MATERIALS MARKET REPORT 19/06: Weak demand puts cobalt metal prices under pressure

June 20, 2020 / www.metalbulletin.com

An overview of the battery raw materials markets and their latest price moves.Read More

Glencore says Swiss Attorney General has opened probe over its DRC dealings

June 20, 2020 / www.metalbulletin.com

The Attorney General of Switzerland has begun criminal investigations into Glencore's business practices in the Democratic Republic of the Congo (DRC), the company said on Friday June 19.Baar, Switzerland-headquartered Glencore said it had been informed today that the investigation had commenced due to "failure to have the organizational measures in place to prevent alleged corruption," it said."G...Read More

Gold-Futures Firepower Mounts

June 20, 2020 / www.321gold.com

Adam HamiltonArchivesJun 19, 2020 Gold's powerful post-stock-panic upleg hasn't enjoyed buying support from the gold-futures speculators. These influential traders often drive and even dominate major gold-price trends. But they've been subtly selling into gold's sharp recent rally. Their dogged skepticism is actually very bullish for gold in coming months. Gold-futures speculators are amassing big...Read More

GLOBAL CHROME SNAPSHOT: UG2 index slides with buyers on sidelines

June 20, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday June 19. China  The UG2 chrome ore trading activity dipped during the week, with participants waiting for the release of July ferro-chrome tender prices to gauge market direction,...Read More

GLOBAL MANGANESE SNAPSHOT: Seaborne ore prices fall further on softening demand

June 20, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday June 19. China  Seaborne manganese ore prices continued to slide amid weakening sentiment.  Portside ore prices climbed in response to mounting buying appetite from alloy smelters at the start of the session,...Read More

Spot cobalt hydroxide payables steady; spot trades diminish

June 20, 2020 / www.metalbulletin.com

Spot payables for cobalt intermediates held steady week on week, although buying interest has thinned compared with the beginning of June and May's restocking. Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China was assessed at 65-66.5%of the standard-grade metal price (low-end) on FridayJune 19, unchanged since June 5.The spot market has been less busy since the start of J...Read More

Glencore says Swiss Attorney General has opened probe over its DRC dealings

June 20, 2020 / www.metalbulletin.com

The Attorney General of Switzerland has begun criminal investigations into Glencore's business practices in the Democratic Republic of the Congo (DRC), the company said on Friday June 19.Baar, Switzerland-headquartered Glencore said it had been informed today that the investigation had commenced due to "failure to have the organizational measures in place to prevent alleged corruption," it said."G...Read More

WEEKLY STEEL SCRAP WRAP: Global trading activity slows; sentiment sours

June 20, 2020 / www.metalbulletin.com

There was a noticeable dip in trading in the Turkish deep-sea markets in the week ending Friday June 19 although prices remained firm. Slower buying activity was also noted on the Taiwan, Vietnam and Indian markets amid the possibility of lower prices. The US market was the expectation to this.  Purchases begin to slow on Turkish marketUS export market reports deals from West and East coastVi...Read More

DGH Group starts insolvency proceedings, more diecasters may follow - sources

June 20, 2020 / www.metalbulletin.com

German diecaster DGH Group has begun insolvency proceedings, sources close to the matter told Fastmarkets on Friday June 19.Fastmarkets understands that the insolvency action pertains to three group companies - DGH Heidenau, DGH Hof and DGH ZIT - with appointed insolvency administrator Franz-Ludwig Danko currently considering potential restructuring options.The company, headquartered in Donha, Ger...Read More

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