Companies in the mining industry need to move away from the mindset that environmental, social, and governance disclosure is primarily a compliance issue to a mindset that embeds ESG awareness and permeates it throughout the entire organization. That's the key takeaway from a discussion at the recent Global Mining Symposium, which explored how investors and other stakeholders can better track t...Read More
Prices for steel hollow sections in Europe increased again on Wednesday May 26, with mills continuing to cite higher feedstock costs for raised prices, sources told Fastmarkets. Fastmarkets' price assessment for steel sections (medium), domestic, delivered Northern Europe was ?,?1,250-1,320 ($1,530-1,616) per tonne on May 26, up from ?,?1,220-1,250 per tonne on May 19. Fastmarkets' weekly pri...Read More
British Columbia's mining industry stands to potentially miss a generational opportunity to become the "brand of choice" for supplying many of the critical minerals the world needs to transition to a low-carbon future, Mining Association of B.C. (MABC) president and CEO Michael Goehring told an industry event today.Goehring urged the government to "level the playing field" for B.C. mines, specific...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has begun producing copper concentrate at its Kamoa-Kakula project in the Democratic Republic of the Congo (DRC) months ahead of schedule as the metal continues to trade close to all-time highs.Kakula, the first mine planned at the concession, is initially forecast to generate 3.8 million tonnes of mineralized material a year at an average feed grade "well i...Read More
Kenorland Minerals (TSXV: KLD) has reported drill results from half the 30 holes recently drilled at the high-grade Frotet gold project in northern Quebec, including a highlight of 5.7 metres of 90.56 grams gold per tonne.Drill core sample from the Regnault target on the Frotet property. Credit: Kenorland Minerals.The recently listed junior made the grassroots Regnault discovery at the 393.7-sq.-k...Read More
Construction pushed back until H2'23Read full newsRead More
For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More
Blue Star Gold Corp. announces that it plans to mobilize its summRead full newsRead More
Golden Independence Mining Corp. or is pleased to announce the coRead full newsRead More
Lately, investors have seen more uncertainty and volatility creep into financial markets as worries of inflation start to pick up, leaving many investors scrambling to find some of the top Canadian stocks and ETFs to buy now for this environment.Higher inflation was something economists have been warning about for over a year. Regardless, though, central banks and governments worldwide had little...Read More
Barrick Gold (TSX:ABX)(NYSE:GOLD) and Teck Resources (TSX:TECK.B)(NYSE:TECK) appear undervalued. Is one stock a better buy right now?Barrick GoldBarrick Gold fell from $40 per share last August to below $24 in February. Since then, the share price has trended higher and is now trading around 30.The rebound over the past two months is primarily due to a new rally in the price of gold, which topped...Read More
I can't believe I have to say this, but...Investors should not follow breadcrumbs dropped by eccentric billionaires.I don't care if it's Elon Musk or Warren Buffett.Playing follow-the-leader is always a bad idea.You've got to get out ahead of the market.And that's what we've been doing with gold.For months now, I've been harping on inflation and preaching gold as a profitable hedge.In all that tim...Read More
Here are five Fastmarkets stories you might have missed on Thursday May 27 that are worth another look.Energy majors Royal Dutch Shell, Exxon Mobil and Chevron received landmark rebukes - in court or from investors - on Wednesday May 26 in attempts to force the companies into...Read More
Copper's 2.4% price rise at the close of trading on Thursday May 27, supported by the start of a strike at BHP's operations center in Chile, led the rest of the London Metals Exchange base-metals complex higher, making it the first day of strong rises following a week of lower prices.The three-month price of copper was $10,221 per tonne on Thursday at the close, up from Wednesday's $9,979 per tonn...Read More
Rio Tinto is partnering with Swedish research and development firm Comptech AB to bring a new generation of aluminium alloys to the market for use in advanced technologies, such as electric vehicles (EV) and 5G antennas, the UK-listed mining company said.The company said the products are currently undergoing qualification with automakers in Europe, who are stepping up efforts to increase their sha...Read More
Bob Moriarty ArchivesMay 27, 2021I had a Canadian junior contact me a year or so back wanting to be an advertiser. I looked into the company and intended to write about them but I kept running into stumbling blocks. To me clearly they have something worth owning but frankly the website confused me. They are no longer an advertiser but they have a zoom meeting coming up in a few days with Renau Hin...Read More
Canada will seek to work with its allies and partners to develop supply chains that will help them to meet global climate goals, according to the associate deputy minister at the Department of Natural Resources Canada (NRCan).Shawn Tupper said that this will include building mineral value chains and downstream processing, products and technologies, and leveraging mining practices, to position Cana...Read More
Trade union members employed at BHP's operations center in Santiago de Chile were set to begin an indefinite strike on Thursday May 27, Fastmarkets has heard.Around 200 employees represented by the union were to stop working at BHP's Center of Integrated Operations, which manages the concentrates and cathode machinery at the company's Escondida and Spence copper mines.The strike was called after u...Read More