ME-METALS Middle East Mines And Metals Directory.COPYRIGHTBrent, WTI Prices FallOil prices fell on Monday, in line with weaker stock markets after evidence that economic growth in China, the world’s second largest crude consumer, eased in 2018., 22 Jan 2019 00:00:00 GMTJapan Refiners Load Iran CrudeFuji Oil, jointly with Showa Shell, has loaded the first Iranian crude oil cargo being lifted by Japanese refiners since the country won a 180-day waiver from the US to import oil from Iran, a Fuji Oil official told S&P Global Platts Monday., 22 Jan 2019 00:00:00 GMTGermany Plans to Sanction Iran's Mahan AirGermany plans to ban Iranian airline Mahan Air from its airports, media reports said on Monday, in an escalation of sanctions adopted by the European Union against Iran., 22 Jan 2019 00:00:00 GMTPakistan to Face Energy Crisis without Iran’s GasPakistani policymakers have reached the conclusion that the country will face serious energy problems in 2020s without Iran’s gas supply., 22 Jan 2019 00:00:00 GMTCopper price falls after Chinese economic growth hits 28-year lowThe copper price came under renewed pressure on Monday after headline figures showed a slowdown in the Chinese economy to annual rates of growth not seen in nearly three decades., 22 Jan 2019 00:00:00 GMTSlower growth weighs on base metals but constructive for gold, CIBC saysThe negative effects of trade disputes on global growth this year will push down demand for base metals and steel-making commodities, while the economic uncertainty will drive gold prices higher, CIBC says., 22 Jan 2019 00:00:00 GMTGlobal Energy Metals buys cobalt project near Tesla gigafactoryIn its quest to become a niche supplier of cobalt, Global Energy Metals (GEMC:TSX.V) announced it has signed an agreement with Nevada Sunrise Gold Corp to acquire an 85% interest in the Lovelock cobalt mine and the Treasure Box project, located in Churchill County, Nevada., 22 Jan 2019 00:00:00 GMTBarrick mulls selling Zambia copper mine over higher taxesGold giant Barrick (TSX:ABX)(NYSE:GOLD) said Monday that while it continues to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for its Lumwana copper mine, it would consider selling the operation given the “challenging conditions” it’s facing., 22 Jan 2019 00:00:00 GMTDon’t give up on the diamond industry just yetIf diamond miner equities are a proxy, the sentiment surrounding the diamond industry is currently at historic low levels. Just in the last two years, a basket of diamond producer stocks was down 28.9% in 2018, following a decline of 17.3% in 2017 (see Figure 1 below)., 22 Jan 2019 00:00:00 GMTProspero begins phase 2 drilling at PachucaProspero Silver has begun phase two drilling at its Pachuca SE project in Hidalgo State, Mexico, shortly after Fortuna Silver Mines (TSX: FVI; NYSE: FSM) exercised its option to acquire up to 70% of the project in late 2018. Fortuna can earn its interest in Pachuca SE by spending US$8 million on the project, including at least US$1 million in the first year, and completing a preliminary economic assessment., 22 Jan 2019 00:00:00 GMT