Recent News

Lundin Mining to buy one of Yamana Gold's copper mines in Brazil for $1-billion

April 16, 2019 / dlvr.it

Lundin to pay up to US$1-billion for Chapada gold copper mine in BrazilRead full newsRead More

BRIEF-Chifeng Jilong Gold Mining To Buy Jilin Han Feng Mining Technologies Via Share Issue

April 16, 2019 / dlvr.it

April 15 (Reuters) - Chifeng Jilong Gold Mining Co Ltd : * SAYS IT PLANS TO BUY JILIN HAN FENG MINING TECHNOLOGIES VIA SHARE ISSUE, SHARE TRADE TO HALT FROM APRIL 16 Source text in Chinese: http://tinyurl.com/y43mo4h7 ...Read full newsRead More

Gold falls 1 pct to 2019 low as equities, dollar gain

April 16, 2019 / www.cnbc.com

Published 23 Hours AgoUpdated6 Hours AgoReuters Leonhard Foeger | ReutersGold bars at the Austrian Gold and Silver Separating Plant in Vienna, Austria.Gold dropped 1 percent on Tuesday to its lowest level of 2019, as a string of robust economic data boosted demand for riskier assets like equities while bullion was further weighed down by gains in the U.S. dollar.Spot gold was down 0.88 percent...Read More

World Class And Quadron Enter Into Arrangement Agreement

April 16, 2019 / kincommunications.com

Vancouver, BC -World Class Extractions Inc. ("World Class") (CSE: PUMP) andQuadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron") are pleased to announce that they have entered into an arrangement agreement providing for the merger of the companies (the "Agreement").Summary of the ArrangementPursuant to the Agreement, World Class has agreed to acquire, through a wholly-owned subsid...Read More

IsoEnergy Drills 8.5m of 3.2% U3O8 in Drill Hole LE19-12, Including 1.0m of 14.3% U3O8 at the Hurricane Zone

April 16, 2019 / kincommunications.com

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to announce assay results for the last drill holes from the winter 2019 drilling program. Drill hole LE19-12 was collared 75m to the west of the discovery section and intersected 8.5m of 3.2% U3O8, 2.1% Ni and 0.2% Co, including 1.0m of 14.3% U3O8 and 1.1% Ni. The final drill hole of the prog...Read More

5 Top Weekly TSXV Stocks: Aguia resources up and last week's other top-gaining stocks on the TSXV:...

April 16, 2019 / twitter.com

"5 Top Weekly TSXV Stocks: Aguia resources up and last week's other top-gaining stocks on the TSXV:https://t.co/tvb3L7jLqV #TSXV #juniormining #exploration #investing"Read full newsRead More

5 Top Weekly TSX Stocks: Lydian leaps on amulsar ruling. See who were the other top gainers on the TSX last week at...

April 16, 2019 / twitter.com

"5 Top Weekly TSX Stocks: Lydian leaps on amulsar ruling. See who were the other top gainers on the TSX last week at https://t.co/bolxB0buIE #TSX #mining #investing"Read full newsRead More

Dow Ends Lower, Hurt by Goldman, Boeing; S&P 500 Finishes Little Changed - TheStreet

April 16, 2019 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed down Monday after earnings reports from Citigroup (C - Get Report) and Goldman Sachs Group (GS - Get Report) . Citigroup posted better-than-expected results in the first quarter. The stock dipped slightly. Goldman Sachs Group (GS - Get Report)  fell 3.9% after first-q...Read More

US threatens high tariffs to counter EU aircraft subsidies

April 16, 2019 / www.metalbulletin.com

The US government has proposed new import duties of up to 100% on a wide range of products from the European Union, as a countermeasure for sales lost by the US aerospace industry due to EU subsidies paid to Airbus, the US Trade Representative said in a notice published in the Federal Register on Friday April 12.In a preliminary list, the USTR named a variety of goods that would be subject to...Read More

LIVE FUTURES REPORT 15/04: LME base metals prices rangebound in low-volume trading

April 16, 2019 / www.metalbulletin.com

Movements in base metals prices on the London Metal Exchange were mixed at the close of trading on Monday April 15, with continued weakness in the US dollar index doing little to spur buying activity while low volumes continued to indicate risk-aversion.The three-month nickel price fell to its lowest level since March 28 in the afternoon, dipping to $12,860 per tonne before closing at $12,991 per...Read More

Peru's Las Bambas mine resumes copper exports, MMG says

April 16, 2019 / www.metalbulletin.com

Peruvian copper mine Las Bambas restarted concentrates transportation to the Matarani port on April 13 after operations normalized following the end of a two-month roadblock, major shareholder MMG said on Monday April 15. Since the blockade ended, Las Bambas began restoring critical supplies and increasing staff numbers to resume normal operations, MMG added The mine entered an agreement with the...Read More

MMTA CONF: Six things we learned in Edinburgh

April 16, 2019 / www.metalbulletin.com

There were six key points for delegates of the minor metals community to take away from a busy week of meetings in Edinburgh, Scotland, for the Minor Metals Trade Association (MMTA) Conference on April 9-11.1. Sentiment in minor metals remains gloomy...While global uncertainty and oversupply continued to weigh on minor metals price sentiment in 2019, with prices for some materials at multi-year lo...Read More

Peru's Las Bambas mine resumes copper exports, MMG says

April 16, 2019 / www.metalbulletin.com

Peruvian copper mine Las Bambas restarted concentrates transportation to the Matarani port on April 13 after operations normalized following the end of a two-month roadblock, major shareholder MMG said on Monday April 15. Since the blockade ended, Las Bambas began restoring critical supplies and increasing staff numbers to resume normal operations, MMG added The mine entered an agreement with the...Read More

Trafigura takes Nyrstar private in UK debt restructuring

April 16, 2019 / www.metalbulletin.com

Trafigura will become a major zinc and lead smelter, taking global producer Nyrstar NV effectively private after reaching an agreement with other debtors, both companies said on Monday April 15.Trafigura, which was already a 24% owner of Nyrstar, will take full control in a "lock-up agreement". A NewCo UK company, 98% owned by Trafigura, will buy Nyrstar's remaining shares. Nyrstar smelts over a m...Read More

Hydro, Brazilian federal prosecutors file joint petition to remove restrictions on Alunorte

April 16, 2019 / www.metalbulletin.com

Norwegian aluminium producer Norsk Hydro has taken a step closer to resuming normal operations at its Alunorte alumina refinery after the company and the Brazilian federal prosecutors' office (MPF) decided to file a joint petition to remove the restrictions on production at the site.A conciliatory hearing was held on Friday April 12, in which the plea was presented to the regional federal court, H...Read More

US threatens high tariffs to counter EU aircraft subsidies

April 16, 2019 / www.metalbulletin.com

The US government has proposed new import duties of up to 100% on a wide range of products from the European Union, as a countermeasure for sales lost by the US aerospace industry due to EU subsidies paid to Airbus, the US Trade Representative said in a notice published in the Federal Register on Friday April 12.In a preliminary list, the USTR named a variety of goods that would be subject to...Read More

GLOBAL ANTIMONY WRAP: Chinese, European prices find support from production stoppages

April 16, 2019 / www.metalbulletin.com

The price of antimony in China ticked upward in the latest assessment on Wednesday April 10, after the country's producers raised their offer prices in response to production stoppages in Lengshuijiang.The city, in China's central province of Hunan, is a major hub for antimony production.Fastmarkets' price assessment for MMTA standard-grade II antimony, delivered duty-paid in China, was 44,000-45,...Read More

DAILY SCRAP REPORT: Mills continue negotiating for May cargoes

April 16, 2019 / www.metalbulletin.com

Turkish steel mills had a quiet start to the week in the deep-sea scrap markets, but market participants are expecting more bookings for May deliveries, sources said on Monday April 15.There were no new deep-sea transactions done on Monday, but mills continued to negotiate on May cargoes for lower prices, Fastmarkets heard. Some traders reported that mills were bidding for US-origin HMS 1&2 (80:20...Read More

TURKEY FERROUS SCRAP: Domestic auto bundle prices up; ship scrap values down on weak lira

April 16, 2019 / www.metalbulletin.com

Turkish domestic auto bundle scrap prices have increased over the past week, while domestic ship scrap prices moved downwards on a weak lira, sources said on Monday April 15.Fastmarkets' weekly price assessment for domestic auto bundle (DKP-grade) scrap in Turkey was TRY1,730-1,870 ($300-325) per tonne delivered on Monday, compared with TRY1,695-1,870 per tonne last week. The slight change in the...Read More

ITALY FERROUS SCRAP: Domestic prices down on poor demand

April 16, 2019 / www.metalbulletin.com

Domestic prices for ferrous scrap in Italy have decreased over the past month, sources told Fastmarkets on Monday April 15.The monthly price assessment for Italian grade-E3 scrap was ?,?260-275 ($294-311) per tonne delivered on April 15, compared with ?,?270-285 per tonne delivered in the previous month.The reasons behind the decrease were slower scrap buying activity by Italian mills, lack of dem...Read More

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