Adamera Minerals Corp. (TSXV:ADZ) announces a non-brokered private placement of up to 8,333,333 units at a price of $0.03 per unit.Read full newsRead More
Low inflation expectations are why gold's long-term prospects are bullish.Recent trade relation improvement is a short-term headwind, though.Persistent low inflation will eventually overcome gold's latest obstacle.It's a commonly held assumption that gold benefits primarily from inflation. If that were entirely true, then there should be no reason for gold to be struggling against the pros...Read More
"Canada Cobalt pours first silver bars -- $CCW @CanadaCobalt #Cobalt #Mining #Silver #Momentumstocks #TSXV #batterymetals #electriccar #battery #EV #ElectricVehicle --Read the News Release here: https://t.co/yzE1QvgVXF"Read full newsRead More
The strides to produce ecological gold by this jewelry veteran are met with the stocking of 13-pieces at Bergdorf Goodman, launching this week.Read full newsRead More
Australia's Newcrest Mining Ltd, the country's biggest gold producer, ...Read full newsRead More
The Shanghai Gold Exchange has become the world's largest physical gold exchange less than 20 years after launching.China mines 11 percent of the world's gold, making it the world's largest gold producer.Two new futures contracts connecting CME Group gold futures to Shanghai Gold Exchange launched in October.By Debbie Carlson China has grown to become one of the biggest gold-trading markets, just...Read More
"Ariana Resources (#AAU) announces conditional agreement to acquire 100% of Dogu Akdeniz a subsidiary of KEFI Minerals for ?90,000Subsidiary holds a Net Smelter Return on Ariana's Kizilcukur Project and additional exploration assets in Turkey.https://t.co/6dF2paf0aA"Read full newsRead More
"Battery materials firm Strategic Minerals (#SML) jumps 6.2pc after revealing that sales revenues in Sept quarter were 26.3pc higher YoYCash sat at $0.8m as at 30 Sept and regular demand has resumed at Cobre magnetite operation (excluding major client)https://t.co/f8xoV4NU1t"Read full newsRead More
A summary of base metals premiums from across the globe for the week to Tuesday October 15.Please click...Read More
Nickel rallied on the London Metal Exchange on Tuesday, with the market seeing the continued decline in exchange stocks as price-supportive, although it failed to close above resistance at $17,000.The three-month nickel price rose 2.6% to close at $16,995 per tonne on Tuesday October 15 from the previous day's closing price of $16,550 per tonne. Still, it t closed below the psychologically signifi...Read More
Supervisors at Antofagasta's Los Pelambres copper mine in Chile will not take industrial action after signing an agreement to increase salaries, the company said on Tuesday October 15.Supervisors voted unanimously last week to strike at Los Pelambres, which produced 357,800 tonnes of copper in...Read More
Here are five Fastmarkets MB stories you might have missed on Tuesday October 15 that are worth another look.China's sustained presence as a buyer in Southeast Asia's spot billet market has been boosting prices in the region, sources told Fastmarkets.An oversupply of manganese ore weighed on seaborne manganese ore prices cif China, causing some producers to make multiple lower offers to attra...Read More
Supervisors at Antofagasta's Los Pelambres copper mine in Chile will not take industrial action after signing an agreement to increase salaries, the company said on Tuesday October 15.Supervisors voted unanimously last week to strike at Los Pelambres, which produced 357,800 tonnes of copper in...Read More
An oversupply of manganese ore weighed on seaborne manganese ore prices cif China, causing some producers to make multiple lower offers to attract business in the week ended Friday October 11. Sharp fall in ore prices dampens buying appetite China portside ore prices continue to drop Alloy prices in China fall on muted buying Indian alloy market slides, but floor appears E...Read More
China's ferro-silicon market has been stable since participants returned from a week-long national holiday in the country on October 1-7, with prices hemmed between tighter supply amid production cuts and weaker demand.In Europe, prices increased for the first time since the start of August amid supply worries after a recent announcement of cuts to domestic production combined with low trader stoc...Read More
Turkish steelmakers have paused their deep-sea scrap purchases following the news that the United States government will double its Section 232 tariffs on the country, sources said on Tuesday October 15.Late on Monday October 14, US President Donald Trump said he will impose a 50% tariff on imports of steel from Turkey in response to that country's military actions in northeastern Syria."The steel...Read More
Steelmakers in Germany have settled their monthly scrap contracts for October with an average month-on-month fall of ?,?30 ($33) per tonne, sources told Fastmarkets this week.Fastmarkets' monthly price assessment for steel scrap No E3 (old thick steel scrap) domestic, delivered mill Germany, was ?,?225-235 ($215-226) per tonne in the middle of October, down by ?,?30 per tonne from ?,?225-235 per t...Read More
Fastmarkets will continue to publish five precious metals prices following an extended consultation period.Fastmarkets has decided to continue publishing these precious metals prices following a review of responses received to a proposal to delist.We will continue to review these prices on an ongoing basis. The prices are as follows:Platinum min 99.9% Europe Free Market $ per troy oz in warehouseP...Read More
With little apparent progress made at last week's United States-China trade talks and with economic data still generally pointing to weakness, as seen by China's import and export data at the start of the week, the overall theme across markets seems to be one of more waiting. Nickel sold off after a large late-in-the-day sell order on Monday caught the market off guard, leading to stops being trig...Read More
MineHub Technologies has launched its blockchain technology platform, with the goal of improving efficiency in trading operations and in environmental and social governance (ESG) compliance in the mining and metals supply chains.The platform is now live and available to industry participants, with initial usage and transactions with consortium members expected to begin within the next few weeks.Th...Read More