China's prices for hot-rolled coil decreased again on Monday January 15 after buying interest thinned in the wake of a slump in the billet market over the weekend.DomesticEastern China (Shanghai): 4,120-4,170 yuan ($638-646) per tonne, down 30 yuan per tonne Northern China (Tianjin): 3,920-4,950 yuan per tonne, down 60-70 yuan per tonneThe price of billet fell 120 yuan per tonne over the weekend,...Read More

China's domestic rebar prices moved down further on Monday January 15 on weak demand and losses in the billet market over the weekend. Domestic Eastern China (Shanghai): 3,720-3,760 yuan ($576-582) per tonne, down 60-70 yuan per tonne Northern China (Beijing): 3,750-3,780 yuan per tonne, down 90-100 yuan per tonne Weak demand in both east and north China continued to weigh on rebar prices. Meanwhi...Read More

Spot cobalt prices continued to rise last week as demand strengthened following the Christmas and New Year break, overpowering the temptation for profit-taking after a rallying end to 2017. Low-grade cobalt prices posted the more significant increase over the course of week, buoyed by concerns that delays to a restart at the Ambatovy joint venture in Madagascar could further intensify tightness fo...Read More

The Chinese indium market jumped by 10.2% on Wednesday January 10, according to Metal Bulletin's weekly assessment, after exchanges prices soared. Chinese domestic indium prices were assessed at 1,650-1,800 yuan ($254-277) per kg on Wednesday, up from 1,550-1,580 yuan per kg previously. The price jump was attributed to increased purchases from investors on the Wuxi Stainless Steel Exchange fo...Read More

Germanium prices rose further in Europe at the end of last week, reflecting crimped supply of raw materials and continued environmental inspections of plants in China, which have resulted in lower output and a shortage of material.Metal Bulletin assessed the germanium price at $1,250-1,400 per kg on an in-warehouse Rotterdam basis on Friday January 12, up from $1,200-1,350 per kg on Wednesday last...Read More

European antimony prices edged higher for both grades last week amid tightening prompt availability while prices in China were unchanged. Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,050-8,350 per tonne on Friday January 12, up from Wednesday's assessment of $8,000-8,350 per tonne, when prices had been unchanged. Trioxide grade antimony pric...Read More

Silicon metal prices in the United States inched up again in January, pressured by lingering supply concerns, while strong sentiment across the rest of the globe kept European and Chinese prices steady.American Metal Market assessed the spot price for US delivered 553 silicon at $1.40-1.42 per lb on Wednesday January 10, up by 2.5% from a month earlier when prices were in a range of $1.35-1.40 per...Read More

Strong demand, tight supply and higher London Metal Exchange aluminium prices have abruptly pushed European secondary aluminium alloy prices to a nine-month high, where they could stay for the coming weeks.Metal Bulletin assessed the price of DIN226-grade material, duty-paid, delivered in Europe, at ?,?1,800-1,850 ($2,158-2,218) per tonne on Friday January 12. This is up from ?,?1,770-1,820 per to...Read More

JOHANNESBURG, Jan 15 (Reuters) – Acacia Mining said on Monday said fourth-quarter production fell by a third on the previous year due to a ban on exports of gold and copper concentrates in Tanzania.The London-listed miner said production in the three months to December fell 30 percent to 148,477 ounces compared with a year ago and 22 percent from the previous quarter. This brought 2017 gold...Read More

Canada's Tahoe Resources (TSX:THO)(NYSE:TAHO) is laying off 250 employees, or roughly a quarter of the staff from its flagship Escobal silver mine, in Guatemala, as a legal battle to having the mining license for the site reinstated drags on.The Vancouver-based company had to halt operations at the mine last July after the country's Supreme Court provisionally ordered so following an appeal from...Read More

Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of...Read More

Shares in Africa-focused Gem Diamonds (LON:GEMD) skyrocketed Monday morning after the miner announced the recovery of what it qualified as the fifth biggest gem-quality diamond ever found.The 910-carat, D colour, Type IIa rough diamond was unearthed at the firm's flagship Let??eng mine in Lesotho. According to analysts at Liberum, it could fetch as much as $40 million, based on previous sales...Read More

The re-start of a mothballed zinc mine in Australia is turning out to have a strong upside for both the mining company and its investors.New Century Resources (ASX:NCZ) announced the completion of resource definition drilling at the South Block portion of the Century Zine Mine.The mine was the third largest zinc mine in the world prior to its closure in 2016. New Century acquired its interest in...Read More

Hunger for high-quality iron ore from Australia and Brazil pushed Chinese imports of the steelmaking ingredient to a record high in 2017.While shipments were down 11% in December, the full-year totals rose 5% to 1.075 billion tonnes, exceeding a billion tonnes for the second year, according to Reuters trade data."Big miners have expanded their production and shipments while China's crackdown on il...Read More

Gold enjoyed a nice lift late last week as the yellow metal cruised to $1,337.40 at the close of trading Friday in New York.Spot gold gained $21.40 between Wednesday and Friday, clearly benefiting from the fallout of a dramatic selloff of US government debt. February gold futures rose 0.29% to $1,338.80.According to Bloomberg, Chinese government officials have recommended slowing or halting purcha...Read More

Jason Levers, Project Geologist, logging diamond drill core from the Pine Bay VMS Project at Callinex's facilities near Flin Flon, Manitoba. Photo courtesy Callinex Mines Inc.Callinex Mines Inc. [CNX-TSXV, CLLXF-OTCQX] on Friday January 12 released results from a 2017 summer drilling campaign at the Pine Pay and Big Island Projects in Manitoba's Flin Flon Mining District.The Pine Bay and Big Islan...Read More

Posted: Jan 15, 2018JK: Discovery Watch Jan 15, 2018 with Jim Goddard and John KaiserPublished: Jan 15, 2018HSC: Discovery Watch Jan 15, 2018: Lust Dust becomes a StarDiscovery Watch is a weekly 15-20 minute audio show sponsored by HoweStreet.com where Jim Goddard interviews John Kaiser about resource juniors with interesting exploration plays that have caught John's attention. The projects will n...Read More

If you had any pretense that the United States, including high officials in the government such as the PresidentContinue...Read More

I suspect it began with the top in Bitcon and the other 1300-1400 related pseudo currencies back in December. I did an interview in the first week of Continue...Read More

2018's cryptocurrency selloff picked up steam on Tuesday when Bitcoin slumped as much as 25 percent, as the potential for regulatory crackdowns appeared to grow.Continue...Read More