Mining Journal spoke to Benchmark Mineral Intelligence analyst Caspar Rawles about pricing direction, supply and other trends in the market.Read More

There was no change to the composition of miners in the ASX 100 or 200, but five miners were added to the ASX 300.They were growing gold miners Ramelius Resources and Silver Lake Resources, high-grade producer Mount Gibson Iron, uranium play Paladin Energy and contractor Macmahon Holdings.Paladin was also added to the All Ordinaries.Also making the All Ords was newly listed Coronado Global Resourc...Read More

While drilling contractors around the world have got busier in the past year or so, and fleet utilisation levels have edged higher, new machine orders have generally remained sluggish."The biggest challenge is that credit is still tight and people's capital expenditures are still small, and the mining juniors are struggling to raise funds to do drilling programs," said Mayman, who replaced Jim Dol...Read More

He highlighted the importance of innovation, collaboration and reconciliation for the industry to succeed in a guarded conversation with PDAC president Glenn Mullan.Read More

Adam HamiltonArchivesMar 08, 2019 The widely-held mega-cap stocks that dominate the US markets recently finished reporting their Q4'18 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fare...Read More

Gold futures finished lower on Thursday as the European Central Bank slashed its forecast for eurozone growth and extended a pledge to hold off on interest-rate hikes until at least late this year, pressuring the euro and providing a boost to the U.S. dollar. The euro EURUSD, +0.3752% fell to four-month lows after the ECB said its ultralow interest rates wouldn't rise at least until late 2019. We...Read More

PLEASE NOTE: THE COT REPORT SCHEDULE IS NOW UP-TO-DATE & ON ITS NORMAL SCHEDULE WITH THE RELEASE OF THIS REPORT. Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 202,628114,61059,730155,732269,729418,090444,069 Change from Prior Reporting Period -34,20713,471-5,6729,690-36,158-30,189-28,359 Traders 18568814952269168 Small Speculator...Read More

The widely-held mega-cap stocks that dominate the US markets recently finished reporting their Q4'18 financial results. Because the tenor of stock markets changed radically last quarter, this latest earnings season is more important than usual. An extreme monster bull market suddenly rolled over into a severe near-bear correction in Q4. How major corporations fared offers insights into whe...Read More

By: IRA EPSTEINEU cuts back its growth forecasts. ECB update. Gold under a down thrust from a strong US Dollar. Inflation around the world not an issue right now. Gold on pause of this bear leg... Gold close to support?Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

Fastmarkets proposes to change the calculation basis for the China cobalt sulfate, Co 20.5% min, ex-works adjustment to the standard-grade cobalt low-end price to 100% Co basis from the current Co 20.5% basis. As part of the consultation, Fastmarkets also proposes to change the name of this assessment to China cobalt sulfate, Co 20.5% min, ex-works, adjustment to standard-grade cobalt low-end pric...Read More

There were widespread rises in global ferrous scrap prices in the week ended Friday March 8, due to stable demand from end-users in key importing markets, Fastmarkets heard.Turkish steelmakers were buying imported materials to shore up their inventories, while buyers in Asia were purchasing spot cargoes to hedge against future price increases.TurkeyScrap prices in the Turkish import market began t...Read More

Scrap battery cathode materialAmerican Manganese Inc. [AMY-TSXV; AMYZF-OTCPINK] said Friday March 8 that it continues to process cathode scraps through the company's lithium-ion battery recycling pilot plant.Using the company's patent-approved process, the scraps underwent separation and leach operations, yielding a pregnant leach solution (PLS) containing cathode metals (cobalt, lithium, nickel...Read More

An underground driller at work at the now closed Max molybdenum mine near Trout Lake, British Columbia. Note the veins of massive molybdenite. Photo Courtesy Roca Mines Inc.Cameo Cobalt Corp. [CRU-TSX; CRUUF-OTC; SY7N-FWB] shares were active Thursday March 7after the company said it had closed the previously announced acquisition of the Max Mine and Willa properties. Both are located in British Co...Read More

UK prices for alloy steel scrap have moved up over the past week due to higher costs for nickel, sources told Fastmarkets on Friday March 8.Fastmarkets' weekly price assessment for domestic UK 18/8 stainless steel scrap solids was ?830-870 ($1,090-1,143) per tonne delivered on March 8. This was up from ?800-840 per tonne delivered a week earlier, reflecting transactions heard in the market."Nick...Read More

Northern Vertex's Moss Mine located 80 miles southeast of La Vegas in Mohave County, western Arizona. Source: Northern Vertex Mining Corp.Northern Vertex Mining Corp. [NEE-TSXV; NHVCF-OTC] said Friday March 8 that it has delivered the largest gold shipment to date from its Moss Mine in northwest Arizona.The company said it shipped an estimated 1,004 ounces of gold to a third party refiner. "These...Read More

The Friday Market Minute U.S. equity futures suggest a fifth day of declines on Wall Street Friday, the longest losing streak of the year, after a surprise collapse in China's February exports.China exports fall the most in three-years last month, adding to concerns for global growth after yesterday's sharp forecast change, and negative rate extension, from the European Central Bank.Europea...Read More

Prices for light iron steel scrap in the United Kingdom broke a five-week spell of stability and fell by ?5 ($7) per tonne this week, with inter-merchant prices tracking a drop in the consumer market, sources told Fastmarkets on Friday March 8.The inter-merchant market was responding to a drop of about ?10 per tonne in the consumer price in late February, sources said.Even though there has been...Read More

Colombia Energy Minister Maria Fernanda Suarez.Colombia Energy Minister Maria Fernanda Suarez is aiming for greater transparency in the way the country's resources are managed.She said Colombia hopes to achieve that goal by completing the digital transformation of the country's National Minerals Agency by the end of 2019."We are aiming for full transparency of the land mass," said Suarez during an...Read More

The Comex copper price fell in US morning trading on Friday March 8 following the release of disappointing data from the world's two largest economies, the United States and China.The copper price for May settlement on the Comex division of the New York Mercantile Exchange declined 2.30 cents to $2.8875 per lb. Market participants pointed to waning investor appetite for metals amid weaker than exp...Read More