Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Key data from Fastmarkets' pricing sessions in Europe and the United States for the week ending Friday February 19.Europe The market edged slightly upward, with around four truckloads purchased at ?,?1,310 ($1,581) per tonne and some sources reporting that cheaper material was no longer available....Read More
European plate and structural (P&S) scrap is emerging as a possible source of imported ferrous scrap for Chinese mills at competitive prices to Japanese heavy scrap (HS) materials, Fastmarkets heard.A 10,000-tonne P&S cargo from Europe was heard sold to a major eastern China steel mill at $460-470 per tonne cfr China this week, although the rumored buyer did not confirm this. P&S is the name given...Read More
Taiwanese importers of containerized ferrous scrap have had to pay more for their supplies after a swift rebound in Asian scrap prices following the Lunar New Year holidays in the region.Fastmarkets' daily price assessment for containerized steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $410-415 per tonne on Friday February 19, an increase of $10-20 from Thursday's pric...Read More
China's domestic lithium carbonate price increased by 4.4% over the week to Thursday February 18 supported by tight supply in the spot market, while the Asian seaborne lithium hydroxide market moved up for the first time in five months influenced by China's price upturn.China's domestic battery-grade lithium carbonate market continued its uptrend supported by spot material shortage, although buyin...Read More
Amidst a growing move towards electrification and emerging concerns about the sourcing of raw materials, base and battery metals exploration and development assets in North America are on investors' radar screens. Below, we provide an overview of eight companies in the space.Canada NickelThe core shack at Canada Nickel's Crawford project in Ontario. Credit: Canada Nickel Company.After listing on t...Read More
As copper prices hit their highest level in almost a decade, Chile's mining industry is preparing for a new cycle of expansion."We hope that if the price cycle remains high, which is what most analysts expect, that this accelerates the development of new mine projects," Chile's Mines and Energy Minister Juan Carlos Jobet said in an interview with The Northern Miner.The government has identified mi...Read More
Residents of the Southern Ecuador city of Cuenca have voted in favour of banning future large-scale mining activities in five nearby watershed zones - an area that stretches over 3,100 square km (1,197 square miles) and is home to more than 580,000 people.The poll results represent a win for Cuenca, the country's third-largest city in the province of Azuay, which hosts several mining assets, inclu...Read More
Thunder Bay-based Clean Air Metals (TSXV: AIR; US-OTC: CLRMF) released an updated resource estimate for the company's flagship Thunder Bay North platinum and palladium project in northwestern Ontario in late January and says it's on track to complete a preliminary economic assessment before the end of the second quarter of this year.The company's 100%-owned TBN project, about 50 km northeast of Th...Read More
Nighthawk Gold (TSX: NHK) has entered into a binding option agreement with a subsidiary of natural gas and oil-focused Pine Cliff Energy (TSX: PNE) to acquire a 100% interest in the 31-sq.-km Kim & Cass property, adjacent to its existing Indin Lake gold property in the Northwest Territories.The added grounds like 15 km southwest of Nighthawk's Colomac deposit and, according to president and CEO Ke...Read More
Egyptian billionaire Naguib Sawiris is backing his country's drive to develop a gold industry following drastic changes to mining regulations passed last year.Altus Strategies' subsidiary AKH Gold, majority owned by Sawiris, has inked four contracts to explore in nine blocks located in the country's eastern desert. The agreements, which will see AKH Gold invest around US$4.1 million in explorati...Read More
629 votes and 125 comments so far on RedditRead full newsRead More
FPX Nickel is focused on the exploration and development of the Decar Nickel District, located in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.Read full newsRead More
Texas energy companies on Friday began preparing to resume oil and gas production after days of frozen shutdowns as electric power and water service slowly resumed at darkened oilfields and refineries.Read full newsRead More
Switzerland's monthly gold exports to India in January reached their highest since May 2019, though exports to China and Hong Kong remained at rock bottom, customs data showed on Thursday. India and China are the world's two biggest gold consumers. Demand for bullion plunged...Read full newsRead More
CEO Jakob Stausholm said the copper mine expansion would yield a "big win-win" for both the country and the miner.Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
/PRNewswire/ -- Over the last decade, the global demand for gold has increased constantly and the pandemic has only bolstered that historical growth in both...Read full newsRead More
Calgary, Alberta - TheNewswire February 19, 2021 . TOCVAN VentureRead full newsRead More
Goldcore Resources Ltd is pleased to announce that several tonnesRead full newsRead More
Granada Gold Mine Inc. is pleased to announce additional high-gRead full newsRead More