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New Gold improvement continues

October 13, 2020 / www.mining-journal.com

Total production was 78,959 ounces of gold, 171,825oz of silver and 18.2 million pounds of copper for 115,536oz of gold-equivalent.Read More

Hudbay suspends 777

October 13, 2020 / www.mining-journal.com

It said the hoist rope had detached from the skip during routine maintenance on Friday and the skip, or ore bucket, plunged to the bottom of the shaft.There were no injuries and all personnel were safely evacuated, Hudbay said."An inspection of the damage to the shaft is underway and it is expected to take several weeks to fully assess the damage and the remedial work needed," the company said.Hud...Read More

Siyata Mobile Reports Q2 Revenue of $2.95M, a 47% Increase Over Q2 2019

October 14, 2020 / kincommunications.com

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW / TSX-V:SIM / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce $2.95M in revenue in Q2 2020, a 47% increase in sales over Q2 2019 with growing sales in North America resulting in a 25% increase in gross margins.Q2 2020 Highlights:Reports $2.95M of revenue in Q2 2020 vs $2.04MM in Q2 2019, an increase of 47% YoYQ2 2020 gross ma...Read More

Siyata Mobile Appoints LaRue Martz as US VP Sales forUniden (R) Cellular Signal Boosters

October 13, 2020 / kincommunications.com

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW / TSX-V:SIM / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce the appointment of LaRue Martz as US VP Sales for the Company's Uniden (R) cellular signal booster portfolio effective immediately.Mr. Martz is an experienced sales executive with a demonstrated history across various leading telecommunications companies, such as N...Read More

IsoEnergy Drills 48.8% U3O8 over 5.0m inSouthern Step-out Drill Hole LE20-64

October 13, 2020 / kincommunications.com

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional chemical assays from the summer drilling program at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlights:Chemical assays...Read More

IN CASE YOU MISSED IT: 5 key stories from October 13

October 14, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday October 13 that are worth another look.The numbers of cases of Covid-19 infection have begun to grow once more across Europe, and Fastmarkets has heard the fears of various market participants about the consequences that any new restrictions or lockdowns could have for...Read More

DAILY STEEL SCRAP: Fresh US cargo pulls prices upward

October 14, 2020 / www.metalbulletin.com

The Turkish steel mills have purchased further deep-sea scrap material at firmer prices, market sources said on Tuesday October 13.A steel mill in the Izmir region booked a US cargo consisting of HMS 1&2 (80:20) at $285 per tonne and bonus at $295 per tonne cfr.The supplier did not wish to disclose the composition of the cargo when contacted.This compared with the previous US cargo sold on October...Read More

Southern China port impounds copper slag cargo that was shipped as 'concentrates'

October 14, 2020 / www.metalbulletin.com

Customs officials in southern China have impounded just under 10,000 tonnes of copper 'concentrates' after it turned out to be smelting waste, which is prohibited from entering the country.Customs inspectors at Fangchenggang, in Guangxi province in southern China, said the cargo was reported by a Shanghai-based company as copper concentrates - a feedstock used by copper smelters for making refined...Read More

MORNING VIEW: Base metals prices mixed with LME down, SHFE up, as are equities

October 14, 2020 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities. Equities seem to be maneuvering for a United States democratic presidency and all the extra stimulus that might bring. But LME metals are not following equities this morning. Base metalsTh...Read More

IN CASE YOU MISSED IT: 5 key stories from October 13

October 14, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday October 13 that are worth another look.The numbers of cases of Covid-19 infection have begun to grow once more across Europe, and Fastmarkets has heard the fears of various market participants about the consequences that any new restrictions or lockdowns could have for...Read More

EUROPE HRC: Domestic prices stable but mills still seeking rises

October 14, 2020 / www.metalbulletin.com

Domestic prices for hot-rolled coil in Northern Europe were fairly stable day on day on Tuesday October 13 because buyers were staying in "wait-and-see" mode until the price trend became clear, sources have told Fastmarkets.The mills, however, continued to push for higher prices because they had good order books. The majority of Northern European steelmakers claimed to be sold out for December rol...Read More

CHINA HRC: Drop in prices allows exporters to cover short positions

October 14, 2020 / www.metalbulletin.com

China's hot-rolled coil prices weakened on Tuesday October 13, allowing some exporters to cover their short positions and take profits.DomesticEastern China (Shanghai): 3,920-3,940 yuan ($583-586) yuan per tonne, narrowing downward by 10 yuan per tonneSeveral Shanghai-based traders said trading activity had weakened there on Tuesday, which dampened prices slightly.One trader said it...Read More

Double Your Money in This Electric Tank Stock

October 13, 2020 / www.energyandcapital.com

On September 30, President Trump signed an executive order that would guarantee increased U.S. production of the 35 critical metals used for the military as well as critical industries such as fracking and electric cars.These minerals include rare earth minerals, most of which are currently imported from China. There are also other metals used in batteries such as cobalt and lithium.For 31 of thes...Read More

IN CASE YOU MISSED IT: 5 key stories from October 13

October 14, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday October 13 that are worth another look.The numbers of cases of Covid-19 infection have begun to grow once more across Europe, and Fastmarkets has heard the fears of various market participants about the consequences that any new restrictions or lockdowns could have for...Read More

Insights: As we wait for the really big opportunity, cannabis is back

October 13, 2020 / www.canadianinsider.com

We are altering the format of our Insights newsletter a bit to make it more useful for our members by focusing on the key emerging themes and findings that we have covered over the past week. INK Research produces about 10 or more written reports and blog posts a week, plus INK Chat entries. In addition, we publish 3 videos a day on INK Ultra Money during the week. We cover a lot of ground, and,...Read More

GULF STEEL BILLET, REBAR: Domestic rebar price inches down, import values stable

October 14, 2020 / www.metalbulletin.com

The domestic United Arab Emirates rebar price broke the steady streak held since mid-September this week after the low end of the range fell on weak demand, sources said on Tuesday October 13.Domestic rebar The country's biggest steel producer, Emirates Steel, continued to offer rebar at 1,936 dirhams ($527) per tonne ex-works for orders to be produced in October, stable since September 15. Fellow...Read More

EU GREEN STEELMAKING: Liberty Steel UK starts production of 'green' rebar

October 14, 2020 / www.metalbulletin.com

Liberty Steel UK has started producing "green" rebar at its Rotherham mill, targeting domestic infrastructure projects, it said on Thursday October 8.The site has an electric arc furnace (EAF) and rolling mill that last week started to make what the company says is "sustainably produced" reinforcing bar that will be used to support concrete structures in major construction and infrastructure proje...Read More

DAILY STEEL SCRAP: Fresh US cargo pulls prices upward

October 14, 2020 / www.metalbulletin.com

The Turkish steel mills have purchased further deep-sea scrap material at firmer prices, market sources said on Tuesday October 13.A steel mill in the Izmir region booked a US cargo consisting of HMS 1&2 (80:20) at $285 per tonne and bonus at $295 per tonne cfr.The supplier did not wish to disclose the composition of the cargo when contacted.This compared with the previous US cargo sold on October...Read More

IRON ORE DAILY: Seaborne prices depressed by high stocks at Chinese ports

October 14, 2020 / www.metalbulletin.com

Seaborne iron ore prices buckled on Tuesday October 13, amid soaring port inventories in China and weakened demand for finished steel, according to trade sources.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $121.15 per tonne, down $3.08 per tonne62% Fe low-alumina fines, cfr Qingdao: $121.30 per tonne, down $3.14 per tonne58% Fe fines high-grade premium, cfr Qingdao: $112...Read More

GULF STEEL BILLET, REBAR: Domestic rebar price inches down, import values stable

October 14, 2020 / www.metalbulletin.com

The domestic United Arab Emirates rebar price broke the steady streak held since mid-September this week after the low end of the range fell on weak demand, sources said on Tuesday October 13.Domestic rebar The country's biggest steel producer, Emirates Steel, continued to offer rebar at 1,936 dirhams ($527) per tonne ex-works for orders to be produced in October, stable since September 15. Fellow...Read More

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