France's Framatome and China National Nuclear Corporation (CNNC) have signed a protocol for the development of global strategic cooperation. They have also renewed a contract under which Framatome will supply nuclear fuel components to CNNC.The protocol was signed in Beijing during the first visit to China by French President Emmanuel Macron from 8 to 10 January. It was signed by Framatome CEO Ber...Read More
Russian State Expert Examination Board (Glavgosexpertiza) has approved the operation of the floating nuclear power plant Akademik Lomonosov. The authority said on 9 December it had approved the project in Russia's northernmost city of Pevek that is being funded by Rosenergoatom, the nuclear power plant operator subsidiary of Rosatom.The Akademik Lomonosov (Image: Rosenergoatom)Currently moored at...Read More
Operations at Glencore's Pasar copper smelter have been suspended since last week due to a leakage in the sulfuric acid plant, Metal Bulletin has learned.The smelter consumes 720,000 tonnes per year of copper concentrates. Part of the feed comes from Freeport's Grasberg copper mine in Indonesia. Glencore will continue to receive the feed, a well-informed source told Metal Bulletin. At least two sh...Read More
Comex copper prices inched higher Thursday January 11 morning in the US due to a weaker dollar in an overall shallow market.Copper for March settlement on the Comex division of the New York Mercantile Exchange increased 0.55 cents or 0.2% to $3.2410 per lb. The dollar has softened gradually since mid-December and was recently trading at a one-week low of 91.94 on the...Read More
Annual refining charges (RCs) for imported blister copper, an intermediate product of refined copper production, have increased slightly this year while China's copper smelters are looking to import more material to fill the supply gap arising from the drastic cut in copper scrap import quotas.Expectations of rising supply have boosted RCs for imported blister copper, normally 97-99% copper conten...Read More
Huayou Cobalt and Posco will invest in two joint ventures in China's Zhejiang province to produce lithium-ion battery materials, according to a statement filed on the Shanghai Stock Exchange on Wednesday January 10. With a total investment of 1 billion yuan ($154 million), Zhejiang HUAYOU-POSCO New Energy Co, Ltd will be dedicated in the research and development, production, as well as sales of li...Read More
I fully expect the Government's Census Bureau to post a mind-blowing headline retail sales number for December. Hyperbolic headline economic statistics derived from mysterious "seasonal adjustments" based on questionable sampling methodology is part of the official propaganda policy mandated by the Executive Branch of Government.But I also believe that retail sales were likely more robust than s...Read More
Panoro Minerals (PML.V) continues to work on its fully owned Cotabambas copper-gold-silver project in Peru, and it has now released excellent assay results from its Petra target where the drill bit intersected 79 meters containing 0.32% copper, 0.08 g/t gold and 2.2 g/t silver in an interval starting at surface. The mineralization appears to be oxidized which could perhaps be beneficial to a plan...Read More
Operations at Glencore's Pasar copper smelter have been suspended since last week due to a leakage in the sulfuric acid plant, Metal Bulletin has learned.The smelter consumes 720,000 tonnes per year of copper concentrates. Part of the feed comes from Freeport's Grasberg copper mine in Indonesia. Glencore will continue to receive the feed, a well-informed source told Metal Bulletin. At least two sh...Read More
Annual refining charges (RCs) for imported blister copper, an intermediate product of refined copper production, have increased slightly this year while China's copper smelters are looking to import more material to fill the supply gap arising from the drastic cut in copper scrap import quotas.Expectations of rising supply have boosted RCs for imported blister copper, normally 97-99% copper conten...Read More
The Beaufor gold mine located 27 km northeast of Val d'Or, northern Quebec. Source Monarques Gold Corp.Monarques Gold Corp. [MQR-TSXV, MRQRF- OTCMKTS, MR7 FSE] said exploration drilling has intersected high grade gold at the company's Beaufor Mine property in Quebec.The company said the 2,239-metre program was aimed at increasing the resources in two sectors of the Beaufor Mine known as Zone Q and...Read More
Huayou Cobalt and Posco will invest in two joint ventures in China's Zhejiang province to produce lithium-ion battery materials, according to a statement filed on the Shanghai Stock Exchange on Wednesday January 10. With a total investment of 1 billion yuan ($154 million), Zhejiang HUAYOU-POSCO New Energy Co, Ltd will be dedicated in the research and development, production, as well as sales of li...Read More
Global Blockchain Technologies Corp. (TSXV:BLOC) has invested $2.0 million by subscribing for all 8.0 million KodakCoins that were available in the pre-ICO StageSmallCapPower | January 11, 2018: Global Blockchain Technologies Corp. (TSXV:BLOC) is starting to make some waves in the emerging Canadian Blockchain space with two strategic investment announcements over the past couple of days.On January...Read More
Turkish deep-sea scrap prices inched up with news of a fresh deal from the Baltic Sea on Thursday January 11. A steel mill in northern Turkey booked the cargo, comprising 12,000 tonnes of HMS 1&2 (80:20) at $375 per tonne, 12,000 tonnes of shredded at $380 per tonne and 4,000 tonnes...Read More
Annual refining charges (RCs) for imported blister copper, an intermediate product of refined copper production, have increased slightly this year while China's copper smelters are looking to import more material to fill the supply gap arising from the drastic cut in copper scrap import quotas.Expectations of rising supply have boosted RCs for imported blister copper, normally 97-99% copper conten...Read More
Comex copper prices inched higher Thursday January 11 morning in the US due to a weaker dollar in an overall shallow market.Copper for March settlement on the Comex division of the New York Mercantile Exchange increased 0.55 cents or 0.2% to $3.2410 per lb. The dollar has softened gradually since mid-December and was recently trading at a one-week low of 91.94 on the...Read More
LiCo Energy Metals (TSX-V: LIC, OTCQB: WCTXF) is a grassroots Canadian company that conducts exploration for lithium and cobalt metals used in the production of lithium-ion batteries. LiCo Energy Metals has four ongoing projects in mining-friendly jurisdictions within Canada, United States, and Chile. We learned from Tim Fernback, President and CEO of LiCo Energy Metals, that their properties are...Read More
Base metals prices on the London Metal Exchange are generally higher this morning, Thursday January 11, with aluminium leading the way with a 0.8% gain to $2,203 per tonne, while tin is the one bucking the trend with a 0.3% decline. Nickel prices are unchanged, while the rest are up by between 0.2% and 0.4%, with copper prices up by 0.3% at $7,169 per tonne.Volume has been average, with 6,933 lots...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Stick with Our Fab Four for Continued OutperformanceSource: Fincom Investment Partners for Streetwise Reports January 11, 2018 (Investorideas.com Newswire) While miners have bounced off their December lows, what is in store for 2018? Fincom Investment Partn...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Gold in Bulgaria? Drilling Says 'Yes'Source: Streetwise Reports January 11, 2018 (Investorideas.com Newswire) It's been full speed ahead for this TSX.V-listed gold explorer in Bulgaria, and the drill bit is showing results."This is the thickest continuous d...Read More