New indicated resource points to expansion at New Century Zinc Mine
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.
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Mike Beck: Battery metals part 4 – Unprecedented demand picture forming in copper
The average E.V. requires 80kg more copper than a regular vehicle. There is also significant copper needed to build out E.V. infrastructure in the power grid as well as battery charging infrastructure.
China imported a record amount of iron ore in 2017
Hunger for high-quality iron ore from Australia and Brazil pushed Chinese imports of the steelmaking ingredient to a record high in 2017.
Gold gains $21 in 3 days on T-bond selloff
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.
2 dead, 17 miners missing following Peru earthquake
An earthquake in Peru on Sunday has claimed two lives and caused an illegal mine to collapse.
Chinese bitcoin miners eye sites in energy-rich Canada
China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.
Zinc price hits fresh decade high
“From the macro point of view, this is not an environment where you’d want to be shorting metals.”
World seaborne coal trade rose 1.5 pct in 2017 – German importers
This rise happened due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity.
“I’m starting to see the hype in this mining cycle:” Warren Irwin
Rosseau Asset Management CEO Warren Irwin sees encouraging and warning signs in the current mining cycle.
