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The Northern Miner Podcast - episode 193: Agnico Eagle CEO Sean Boyd on growth, gold prices and company culture, part 2

June 30, 2020 / www.northernminer.com

This week's episode features an interview with Agnico Eagle Mines vice chair and chief executive officer Sean Boyd at the Canadian Mining Symposium, held on Zoom on June 16, 2020. Northern Miner group publisher Anthony Vaccaro asked Boyd about his view on growth, the gold price, the industry's financial outlook and Agnico's company culture.All this and more with online editor Adrian Pocobelli.This...Read More

Weak demand weighs on Europe's ferro-chrome markets [CORRECTED]

July 01, 2020 / www.metalbulletin.com

The European markets for both high- and low-carbon ferro-chrome, delivered, softened in the week ended Friday June 26 in response to weak consumption.Both consumers and producers of ferro-chrome said that they would be reducing their outputs by more than usual during the summer slowdown in 2020, in response to the low economic activity. Fastmarkets' weekly assessment of the price for ferro-chrome...Read More

SolGold offers $140M for Cornerstone Capital

June 30, 2020 / www.northernminer.com

SolGold (TSX: SOLG; LSE: SOLG) is trying to buy Cornerstone Capital Resources (TSXV: CGP), which owns a minority stake in the Alpala copper-gold project, part of the Ecuador-focused miner's Cascabel asset.The $140 million (US$102 million) all-stock offer, SolGold's second attempt to take over the Ontario-based junior, would see the bidder pay $3.90 for each Cornerstone share. That is a 22% premium...Read More

Azimut expands drill program at Elmer gold project

June 30, 2020 / www.northernminer.com

Having completed its originally planned 6,000-metre, 30-hole drill program at its wholly owned Elmer gold project, Azimut Exploration (TSXV: AZM) is expanding the campaign to 10,000 metres to continue drilling the main target and test previously identified targets.A total of 6,399 metres have been completed so far at Elmer, located 285 km north of Matagami in the James Bay-Eeyou Istchee region of...Read More

Europe ferro-silicon market drops to March 2016 low

July 01, 2020 / www.metalbulletin.com

The European spot ferro-silicon price resumed its downturn last week, falling to a level last seen in March 2016 with consumers in the steel sector dragging down the cost of feedstock against a slump in end-user consumption. Confirmed deals in Europe included a 400-tonne sale reportedly done at ?,?870 ($978) per tonne delivered, with another 75 tonnes sold at ?,?910-920 per tonne. Another deal for...Read More

Weak demand weighs on Europe's ferro-chrome markets

July 01, 2020 / www.metalbulletin.com

The European markets for both high- and low-carbon ferro-chrome, delivered, softened in the week ended Friday June 26 in response to weak consumption.Both consumers and producers of ferro-chrome said that they would be reducing their outputs by more than usual during the summer slowdown in 2020, in response to the low economic activity.Fastmarkets' weekly assessment of the price for ferro-chrome,...Read More

Video: Ashley Kirwan presents 'Going Back to First Principles-in Geology and Business' with intro by MINING.com's Cecilia Jamasmie at the Canadian Mining Symposium

June 29, 2020 / www.northernminer.com

Ashley Kirwan, President, CEO, and Principal Geologist at Orix Geoscience presents "Going Back to First Principles-In Geology and Business" with an introduction by Cecilia Jamasmie, Senior Editor at MINING.com.Read More

Major Chinese stainless steel mills lower July ferro-chrome tender prices by $14 per tonne

July 01, 2020 / www.metalbulletin.com

China's leading stainless steel producers - Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - have all lowered their high-carbon ferro-chrome tender prices for July following a recent backswing in upstream chrome ore prices.Meanwhile, the continuing supply tightness affecting ore and alloy from South Africa could limit the domestic price downtrend in the near term, market participants s...Read More

RT @TheStreet: Natural Gas Prices Surge on Hot Weather Model Guidance

July 01, 2020 / www.thestreet.com

Nat gas prices surge on hot weather model guidanceRead full newsRead More

Chevron Completes Acquisition of Puma Energy (Australia) Holdings Pty Ltd -

July 01, 2020 / Chevron.com

Chevron works to meet the world's growing demand for energy by exploring for oil and natural gas; refining and marketing gasoline; producing chemicals and more.Read full newsRead More

RT @zerohedge: WTI Jumps After Biggest Crude Inventory Draw Since 2019

June 30, 2020 / www.zerohedge.com

After two weekly surprise builds in a row, US crude stocks saw a major draw of over 8mm barrels - the most since 2019...Read full newsRead More

IAMGOLD Receives Key Federal Approval for the Cote Gold Project; Provides Project Update

June 30, 2020 / dlvr.it

Toronto, Ontario, Jun 29, 2020 (Newsfile Corp via COMTEX) --Toronto, Ontario--(Newsfile Corp. - June 29, 2020) - IAMGOLD Corporation (TSX: IMG) (Read full newsRead More

Dalradian: Tyrone gold mine plans subject of public inquiry

June 30, 2020 / dlvr.it

The mine project at Greencastle, County Tyrone, was originally submitted by company Dalradian in 2017.Read full newsRead More

IAMGOLD Receives Key Federal Approval for the Cote Gold Project; Provides Project Update

June 30, 2020 / dlvr.it

Toronto, Ontario, Jun 29, 2020 (Newsfile Corp via COMTEX) --Toronto, Ontario--(Newsfile Corp. - June 29, 2020) - IAMGOLD Corporation (TSX: IMG) (Read full newsRead More

Today, mining accounts for 23 percent of Mongolia's overall GDP. #gold

June 30, 2020 / bit.ly

Mongolia's gold mining industry is helping the nation's economy.Read full newsRead More

$STGO @SteppeGold Provides Update on Annual Meeting

June 30, 2020 / bit.ly

Steppe Gold Ltd. announces certain updates in respect of its 2020Read full newsRead More

$SXTY $SXNTF @SixtyNorthGold Announces Unit Offering

June 30, 2020 / bit.ly

Sixty North proposes to complete a non-brokered private placementRead full newsRead More

$POR Portofino Discovers New Sulphide Mineralization Zone, South of Otter Project, Red Lake, Ontario

June 30, 2020 / bit.ly

PORTOFINO RESOURCES INC. is pleased to announce the successful coRead full newsRead More

Coronavirus Market Crash Round 2: Get Ready

July 01, 2020 / www.fool.ca

Coronavirus cases are surging south of the border, with Texas, Florida, California, and Arizona suffering unprecedented spikes that could trigger a wave of reopening rollbacks.Don’t panicWhile some bears may view the latest cluster of COVID-19 infections as the beginning of what could be a broader North American resurgence, investors would be wise to not make any rash decisions over the late...Read More

Metso Outotec begins operations

July 01, 2020 / www.mining.com

Pekka Vauramo, Metso Outotec president and CEO. Metso Outotec, a new company focussed on leadership in sustainable minerals and metals processing and recycling technologies, officially began operations Wednesday. The merger was in the works for a years, and Metso and Outotec OYJ last month received an unconditional merger control clearance from the European Commission for the combination.Headqua...Read More

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