Recent News

Mining investments in Peru grew by 54.8% in November

January 05, 2018 / www.mining.com

Peru's Ministry of Energy and Mines released its most recent statistical report, which highlights that November was one of the best months in 2016 when it comes to investments in the mining sector. According to the deputy minister Ricardo Lab??, investments grew by 54.8% compared to the same month of 2016 and reached $515 million.The overall growth in investments from January to November 2017 was...Read More

Iron ore prices continue to buck Chinese steel downtrend

January 05, 2018 / www.metalbulletin.com

Iron ore prices gained further ground on Friday January 5 despite the Chinese steel market retreating again.Key driversChina's spot prices for hot-rolled coil shed 20-30 yuan per tonne during the day while those for rebar tumbled 30-130 yuan per tonne.The country's ferrous futures market was rangebound in the morning, and then experienced a V-shaped trend in the afternoon, falling sharply before r...Read More

Endeavour sells its mine in Ghana

January 05, 2018 / www.mining.com

Following a $54 million impairment charge in its Nzema mine, located approximately 70km from Takoradi in southwestern Ghana, Endeavour Mining (TSX:EDV) announced it has sold its 90% stake in the project to African contracting group BCM International. The remaining 10% is held by the Ghanaian government.The transaction was originally disclosed in August last year and it was completed in late Decemb...Read More

LIVE FUTURES REPORT 05/01: LME price rallies pause; base metals consolidate at higher levels

January 05, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange mostly stepped slightly lower during morning trading on Friday January 5 but are generally consolidating at higher levels. Aluminium fell $12.50 but is still in a strong position, with supply-side reforms in China continuing to burnish its underlying fundamentals. The three-month price reached a fresh five-year high at $2,290.50 per tonne on December...Read More

Chile and Argentina to lead lithium output growth after 2018

January 05, 2018 / www.mining.com

A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019."We have updated our lithium production forecasts for Chile and Argentina to reflect a relatively slower-moving project pipeline due to regulatory hurdles in the former and growing exploration efforts boosting lon...Read More

Mercury prices jump further on tight availability

January 05, 2018 / www.metalbulletin.com

Mercury prices continue to jump due to the lack of availability of the minor metal.Prices climbed to $1,700-2,000 per flask on an in-warehouse basis on Friday January 5, up from $1600-1700 per flask on Wednesday and $1,350-1,450 per flask on November 24.Mercury prices last year were $1,050-1,275 per flask and were largely stable until the Minamata Convention - a treaty to curb exposure to the meta...Read More

Roxgold's mine in Burkina Faso greenlighted by the Ministry of Environment

January 05, 2018 / www.mining.com

Roxgold Inc. (TSX:ROXG) announced that the Ministry of Environment and Sustainable Development of Burkina Faso has granted the company permitting approval to develop the Bagassi South project, located within its high-grade Yaramoko gold mine in the Hound?(C) greenstone region of the West African country."The approval of the Environmental and Social Impact Assessment for Bagassi South allows us to...Read More

MINOR METALS MARKET REPORT 05/01: Manganese flake continues to climb; gallium, germanium increases

January 05, 2018 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

Reports of output suspension at Ningxia Tianyuan spur manganese flake prices higher

January 05, 2018 / www.metalbulletin.com

Manganese flake prices rose sharply this week following reports of production stoppages at the world's biggest producer amid ongoing environmental inspections in China. Metal Bulletin's manganese flake in-warehouse Rotterdam price increased to $1,895-2,000 per tonne on Friday January 5, up 3.9% from Wednesday's pricing session when prices had climbed 5.3%. The world's largest manganese flake...Read More

MB NON-FERROUS PRICE CHANGES 05/01: Minor metals

January 05, 2018 / www.metalbulletin.com

The following Metal Bulletin minor metals prices changed on Friday January 5:Minor metals Bismuth MB China domestic, yuan/tonne: 69,000-70,500 yuan per tonne from 69,000-71,000 yuan Cobalt MB free market high grade, $/lb: $36.75-37.50 per lb from $36.00-37.40 Cobalt MB free market low grade, $/lb: $35.50-37.00 per lb from $35.00-37.00 Cobalt...Read More

Brazil's silicon metal exports drop 16% on dumping investigations

January 05, 2018 / www.metalbulletin.com

Brazil's silicon metal exports fell 16% in 2017 from a year earlier, affected by the dumping and countervailing duty investigations in the United States. The country shipped abroad 155,429 tonnes of silicon metal last year, down from 184,730 tonnes in 2016, according to figures from Brazil's foreign trade ministry, MDIC. Shipments to the...Read More

CHINA MINOR METALS REPORT 05/01: Selenium dioxide prices rise over 3%; bismuth dips

January 05, 2018 / www.metalbulletin.com

An overview of China's minor metals markets in the week of January 2-5 and the reasons for any price moves.Read More

China's domestic stainless steel prices edge up on nickel gains

January 05, 2018 / www.metalbulletin.com

China's domestic stainless steel prices rebounded slightly over the past week on gains in the nickel market.Metal Bulletin's assessment of prices for benchmark 304 stainless cold-rolled coil in the major market of Wuxi was 15,200-15,500 yuan ($2,339-2,385) per tonne including VAT for the week ended Thursday January 4, narrowing upward from 15,000-15,500 yuan per tonne a week earlier. Market partic...Read More

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 05/01

January 05, 2018 / www.metalbulletin.com

The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday January 5:Aluminium scrap Cast: ?,?1,185-1,265 per tonne from...Read More

2018 PREVIEW: Wave of labor negotiations puts global copper supply at risk

January 05, 2018 / www.metalbulletin.com

Labor negotiations at several of the world's leading copper mines will increase supply risk in 2018 and could provide support to prices, market analysts said.More than 30 labor contracts are due to be renegotiated next year - the largest number since 2010.This means that nearly 40% of global copper production - or more than 7 million tonnes - could be subject to disruption due to industrial a...Read More

Precious Metals Outlook for 2018 - by Stefan Gleason (Lawrie On Gold - January 5, 2018)

January 05, 2018 / www.republicofmining.com

https://lawrieongold.com/Stefan Gleason is President of Money Metals Exchange, the national precious metals company named 2015 "Dealer of the Year" in the United States by an independent global ratings group.The first trading days of 2018 are confirming signs of renewed investor interest in the precious metals sector after a long period of malaise. Gold and silver markets entered the year with som...Read More

Orocobre Limited (ASX: ORE, TSX: ORL): First New Lithium Brine Producer in Twenty Years, Interview with Andrew Barber, Investor Relations Manager

January 05, 2018 / www.metalsnews.com

Orocobre Limited (ASX: ORE, TSX: ORL) is a dynamic global lithium carbonate supplier and an established producer of boron. Orocobre's operations include its Olaroz Lithium Facility in Borax in Northern Argentina, an established Argentine boron minerals and refined chemicals producer and a 33% interest in Advantage Lithium. We learned from Andrew Barber, investor relations manager of Orocobre, that...Read More

Peter Schiff: Twin Deficits May Doom Stock Market Boom

January 05, 2018 / marketsanity.com

Peter Schiff on investing in gold, silver, dollar, bitcoin, cryptocurrency, stock market. Also Trump tax cuts, economy, recession, & depression.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major econo...Read More

Ira Epstein's Metals Video 1 5 2018

January 05, 2018 / news.goldseek.com

By Ira EpsteinGold stalls out a stock indices and cryptocurrencies explode to the upside. https://www.iraepstein.com/ Read More

Chris Martenson's Weekly News Update

January 05, 2018 / marketsanity.com

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the laun...Read More

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