MOSCOW, Nov 2 - Russian steelmaker MMK reported its strongest quarter in a decade on Friday but it postponed the relaunch of steel production in Turkey and warned that falling prices could hit profits in its final quarter.The relaunch of hot-rolled steel production at its Turkish site was delayed earlier this year due to rising trade tensions and a surge in protectionist measures.MMK's third-quart...Read More
...the French megabanks are on the hook!Read full newsRead More
"#FF Must-Follow for great entertainment:@StockCats @RampCapitalLLC @Stalingrad_Poor @QTRResearch @FedPorn @RudyHavenstein @russian_market @Hipster_Trader @jfahmy"Read full newsRead More
A century after many of Chile's mines in the arid northern region were first opened, finding copper, or lithium, or gold or silver isn't as easy as it once was. The concentration of minerals in the earth decreases as the miners dig deeper, meaning companies need to process more ore to extract the same amount of metal - a messy and highly polluting process to begin with. To fuel that effort, they...Read More
A century after many of Chile's mines in the arid northern region were first opened, finding copper, or lithium, or gold or silver isn't as easy as it once was. The concentration of minerals in the earth decreases as the miners dig deeper, meaning companies need to process more ore to extract the same amount of metal - a messy and highly polluting process to begin with. To fuel that effort, they...Read More
"#EV may reach price parity with reg consumer autom. in the first half of next decade, acc. to E. Haegel, ap of BHP's nickel unit. "When that happens, folks will go to look for a car and they will be able to get an electric, or an ICEand I think they will get the electric one""Read full newsRead More
"Our reporter @alex_hamer visited @Eldorado_Gold's Kisladag mine in the weeks before the board ticked off the US$520M mill project. STORY ($): https://t.co/KCPJzgR6cf #gold $ELD"Read full newsRead More
LUSAKA, Nov 2 - Power supply to some mines in Africa's second-biggest copper producer was cut due to a technical fault, Zambian state power firm Zesco said on Friday."We had a system disturbance which led to loss of power on the Copperbelt, including the mines," the utility's spokesman Henry Kapata said."We are investigating the cause of the disturbance. Power restoration has started but it will b...Read More
Is a harmonious conclusion to the six-month-long US-China trade battle finally within reach? Or this just a ploy to push US stocks higher ahead of an election that will decide which party controls Congress for the balance of Trump's term?Read full newsRead More
RIO DE JANEIRO, Nov 2 (Reuters) - Chinese demand for top-quality iron ore from Brazilian miner Vale should stay strong despite trade tensions with the United States, helping the world's top iron ore producer keep its prices for its highest quality ore above $90 per tonne in 2019, an executive said.Chief Financial Officer Luciano Siani said the Chinese demand would also support prices for average q...Read More
"Not yet an off-take agreement but a good signal for investors. Kudos to Kidman Resources. #lithium https://t.co/FRCjgITu3W"Read full newsRead More
"@TraderPamplona They have some big advantages most didn't realize yet. Nemaska will be a vertical integrated special chemical company, focused on valuable b-g Li hydroxide in prime location. High Q partners and OT with LG Ch, NorthV, FMC, JohnsonM. $NMX.TO"Read full newsRead More
Shares in Australian Mines (ASX:AUZ) closed 25 percent higher on Friday in Sydney after the company announced it had partnered with an Indian firm to evaluate the use of scandium in next-generation battery storage technology.The Perth-based miner said its planned collaboration with India's Amrita Centre for Research and Development's Centre of Excellence in Advanced Materials and Green Technologi...Read More
Shares in Australian Mines (ASX:AUZ) closed 25 percent higher on Friday in Sydney after the company announced it had partnered with an Indian firm to evaluate the use of scandium in next-generation battery storage technology.The Perth-based miner said its planned collaboration with India's Amrita Centre for Research and Development's Centre of Excellence in Advanced Materials and Green Technologi...Read More
"@TraderPamplona Add $AAL to that list as well. There should be taken out by $ORL / $LAC in the long run. $ORL already controls 25% plus JV, key project is just 50 miles south of Olaroz."Read full newsRead More
"@TraderPamplona M&A should be also coming to the USA. $SLL.V in Arkansas is being closely watched by spec. chemical giant LANXESS (already partn.)and next to $ALB as well. Prime target imho.$PLLL in NC might be interesting for $ALB re location."Read full newsRead More
"@TraderPamplona More consolidation coming here for sure. In the long term I see Pastos Grandes from $ML / $LSC be consolidated and taken out, as well as $NLC. They all are already in discussions."Read full newsRead More
Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More
Cardero Resource Corp. (TSXV: CDU) announced today that it has completed the acquisition of an undivided 100% interest in the Zonia copper deposit, originally owned by Redstone Resources Corp.The Zonia Copper Oxide Project, located in central Arizona, has been held under private ownership for almost 100 years and has undergone comprehensive exploration, metallurgical studies and mine development p...Read More
Brazil's Institute of Environment and Water Resources (IBAMA) has issued an environmental license for the Marac??s Menchen Mine expansion project, owned by Largo Resources (TSX: LGO).Marac??s Menchen is a 17,690-hectare property located in the eastern Bahia State of Brazil, roughly 250 kilometres southwest of the state capital, Salvador. According to Largo, the mine boasts one of the highest-grade...Read More