Key data for the Friday 8 March pricing session in London.Key drivers- Magnesium price increases due to the tight coal supply in China's domestic markets.- A strict round of inspections taking place at all mining companies in North China's Inner Mongolia autonomous region is the main reason for the shortage. This new...Read More

The economy has been trapped in a one-step-forward, two-steps-back cycle nearly a decade running.One door opens, two slam shut.A ray of sun cracks through, the overcast patches the hole.Rapidly advancing technology offers a way out, its drummers claim.They insist automation, robotics and artificial intelligence (AI) will soon catapult the economic system into vastly more productive realms.By 2030...Read More

When planning on how much to save for retirement, you first need to know how much you'll spend. The general rule is that you'll need 70% to 80% of your pre-retirement income to maintain your standard of living. However, a recent study found that nearly two in five (39%) retirees are spending more than they had expected. With that in mind, there are at least five things you might spend more on once...Read More

A three-percentage-point cut to the rate of value-added tax (VAT) paid by Chinese manufacturers of metals and minerals will have little effect on export markets, traders have told Fastmarkets.Market sources claim that the low levels of VAT exporters pay now will make the reduction more theoretical than actual.Chinese prime minister Li Keqiang announced the tax cut on March 5. The top rate of VAT,...Read More

The Federal Reserve has pursued its 2% inflation target with a monomaniacal determination... like a mad dog worrying a bone.But it has largely been a juiceless pursuit... "as elusive as sheet lightning playing among June clouds."Inflation has bubbled a bit here, gurgled a bit there. But to limited general effect.Headline inflation (including food and energy) sank from 2.9% last June... to 1.6% in...Read More

Manganese ore production in China could not play a role in replacing seaborne ore due to factors such as quality and production costs, according to panelists at Fastmarkets' Asian Ferro-alloys conference in Hong Kong on Monday March 11.The domestic manganese ore supply in China cannot play a substantial role in the ferro-alloys or steel sector because of two major issues, Lei Fei, China Minmetals...Read More

The three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.5% this morning, Tuesday March 12.Nickel once again led the way with a 1.4% gain to $13,090 per tonne, compared with Monday's close at $12,915 per tonne, while copper was up by 0.6% at $6,459 per tonne, having closed on Monday at $6,421.50 per tonne. Copper and nickel are in the driving seat...Read More

The price of silicon in China's export market was steady in the week ended Friday March 8, with increased spot activity and an upcoming cut to the rate of value-added tax (VAT) paid by Chinese manufacturers of metals and minerals said to have bolstered market sentiment. Sentiment improves in China's export market, prices steady European grade 553 silicon price ticks up, grade 441 equivalent flat U...Read More

Vancouver, British Columbia (March 12, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to announce plans for the next phase of exploration at the Company's Manto Negro Copper Property in Coahuila State, Mexico and the launch of a strategic review of the Kena Gold Project in southeastern British Columbia."We are pleased to announce t...Read More

"Searching for the Source of the 800 Carat Nipissing Yellow Diamond" Kirkland Lake, Ontario - March 12, 2019 - RJK Explorations Ltd. (“RJK” or the “Company”) (TSXV: RJX.A) announces that the Company has commenced drilling to test two potential kimberlite targets at its Bishop Nipissing Diamond Property, Cobalt, Ontario. In addition, the Company is pleased to announce that...Read More

One dollar. That's how much an aging New Mexico coal plant is worth. And by some estimates, even that may be too much.Acme Equities LLC, a New York-based holding company, is in talks to buy the 847-megawatt San Juan Generating Station for $1, after four of its five owners decided to shut it down. The fifth owner, the nearby city of Farmington, says it's pursuing the bargain-basement deal with Acme...Read More

Newcrest Mining (ASX: NCM) says there is potential to transform Imperial Metals' (TSX: III) Red Chris copper-gold mine in northwestern British Columbia into a tier-one operation, and is spending US$806.5 million to acquire a 70% joint-venture stake in the mine and surrounding 230 sq. km land package. "We do not do mergers and acquisitions purely to get bigger or for the sake of adding ounces," New...Read More

Hudbay Minerals (TSX: HBM; NYSE: HBM) has received the last key permit it needs to start building its Rosemont mine in Arizona.The U.S. Army Corps of Engineers issued a Section 404 water permit for the project, which a feasibility study in 2017 forecast would have a mine life of 19 years and produce 112,000 tonnes of copper in concentrate a year at a life-of-mine cash cost of US$1.29 per lb.Now th...Read More

Appia Energy Corp., (CSE:API, OTCQB:APAAF) is ramping-up uranium and critical rare earth elements exploration and development activities in Canada, with active projects in Saskatchewan's Athabasca Basin area and uranium and REE resources in the province of Ontario. The Athabasca Basin is the world's leading source of high-grade uranium and currently supplies about 20% of the world's uranium.Figu...Read More

The S&P/TSX Venture Composite Index fell 1.13% to 618.08 in the first week of March, after a strong close to February.Shares of Maverix Metals rose 36 ? to $2.69. The royalty and streaming company produced 20,900 equivalent oz. gold in 2018, beating the upper end of its 18,000 to 19,000 equivalent oz. gold guidance, and a 75% improvement over its 2017 equivalent oz. gold production.The company pro...Read More

Seabridge Gold (TSX: SEA; NYSE: SA) has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project in British Columbia that increases the project's indicated resource by 460,000 oz. gold and 177 million lb. copper. It also boosts the project's inferred resource by 7.45 million oz. gold and 4 billion lb. copper.The project now contains 423 million indicated tonnes grading 0.4...Read More

Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesI am sure in many cases it's got to d...Read More

Toronto-based Anaconda Mining has arranged a $5 million term loan from the Royal Bank of Canada. This will allow the company to complete all pre-construction work at its Goldboro gold project 175 km northeast of Halifax. No further equity financing is anticipated.Anaconda expects to complete the Goldboro feasibility study this year. At the same time it will complete the work required to obtain min...Read More

The change, which was in the works before the Ethiopian Airlines plane crashed over the weekend, would mark a major shift from how Boeing originally designed a stall-prevention feature in the 737 MAX when it first delivered to airlines in 2017.Read full newsRead More

"Elon #Musk Slams SEC'sRead full newsRead More