Renforth Resources Inc. would like shareholders to know that JulyRead full newsRead More
Kerr Mines Inc. is pleased to announce that it amended the termsRead full newsRead More
PORTOFINO RESOURCES INC. is pleased to announce the appointment oRead full newsRead More
In case you haven’t noticed, things are not going well for our neighbours to the south. At the beginning of the pandemic and economic downturn, there were many economists recommending investors look to U.S. equities to keep cash safe. After all, the United States is considered the super power of the world. If there is any country set to make a comeback the quickest, it’s this country....Read More
Silver, gold’s under-performing younger sibling, is on a tear and could double in 2020. The price has outpaced gold over the past few weeks. If things keep heading in the precious metal’s favour the price could soon exceed US$20 an ounce. With the metal moving higher, should investors take a look at owning it today?Bullish factorsPractically everything seems to be moving on silver&rsqu...Read More
Equities across the globe were relatively quick to recover post-COVID-19 crash. Canadian broader markets managed to surge around 45% since its record lows in March, marking one of the grand upturns of all time.However, there are some TSX stocks that soared far beyond broader markets. One of them is Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS). The stock has soared 216% since the epic coronavi...Read More
Image by Jo Johnston from Pixabay. MAJOR, a manufacturer of high-performance wire screening media, is offering aggregate and mining producers access to the company's free virtual training series to help operations optimize efficiency and team learning amid the conditions caused by covid-19.The on-demand webinars provide practical tips involving screen media, screen boxes and the screening process...Read More
Publisher's Note: Today we're bringing you an excerpt from an Interim Warning Bulletin from The Dines Letter.Mr. Dines keeps his readers up-to-date between monthly issues with IWBs and, with gold topping $1,800 and extreme risk in the markets, it is good to hear from him.Call it like you see it,Nick Hodge Even though many stock market averages are near their all-time highs, our Mass Psychology In...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry.This week's top stories:Barrick sees 15% drop in Q2 gold output - Read moreCovid-19 disrupts $8.8 billion of global mining output - Read moreESG to play a greater part in post-covid mining - Read moreNorthern Dynasty expects final Pebble EIS next week - Read moreFirst rare earth firm in decade to go p...Read More
1980 Marathon C-300 Electric Car by Marathon Electric Car Ltd. of Montreal, Quebec, Canada. US sales outlet was Marathon Electric Vehicles of Falls Church, Virginia. Image: Alden Jewell. Car sales are running at least 20% below 2019 levels with annualized June figures pointing to a 2020 light vehicle market of 76.6 million units. At the same time, electric vehicle penetration rates continue to c...Read More
Round Top rare earths project is located outside El Paso, Texas. Image from USA Rare Earth. Geomega Resources, (TSX:V.GMA) a rare earth clean technologies developer, and USA Rare Earth, the funding and development partner of the Round Top Heavy Rare Earth project in Texas, announced Thursday that they have entered into a Letter of Intent (LOI) to recycle rare earth-containing production waste fro...Read More
Pilot plant will have the capacity to concentrate 30 tonnes per hour of dry ore, using magnetic separation technology (Credit: Vale) Vale (NYSE: VALE) has launched in Minas Gerais, Brazil, a pilot plant with magnetic concentration of low-grade iron ore, without using water. The Brazilian technology, known as FDMS (Fines Dry Magnetic Separation), is unique in the world and was developed by New Ste...Read More
Here are five Fastmarkets stories you might have missed on Thursday July 16 that are worth another look.The United States Federal Circuit on Wednesday July 15 decided to reverse the US Department of Commerce's decision to collapse three Taiwanese steelmakers to calculate a combined anti-dumping margin for certain corrosion-resistant steel products (CORE), according to public documents.Ru...Read More
The three-month copper price on the London Metal Exchange recovered at the close of trading on Thursday July 16, closing above nearby resistance at $6,400 per tonne, while a positive close for LME zinc saw it make the most gains across the base-metals complex over the afternoon.Copper's underlying price on the LME closed at $6,436.50 per tonne on Thursday, climbing from an intraday low of $6,305.5...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Aluminium: Upside breakout last weekThe price of aluminium on the London Metal Exchange surprised us with a break to the upside in the week ended July 10, when prices on the Shanghai Futures Exchange raced to three-and-a-half-year highs. While we think there is more short-term upside potential if technical and liquidity fact...Read More
A summary of Anglo American's production results for the second quarter of 2020, according to a company results report released on Thursday July 16. In brief Anglo American attributed the 5% annual increase in copper concentrate to continued strong performance at Collahuasi mine in Chile, offset slightly by reduced output at Los Bronces due to drought conditions in central Chile. Attri...Read More
AIM-specialist Numis had built up a presence in the small-midcap mining sector, acting as UK broker to companies including Shanta Gold, Pan African Resources, Yellow Cake and Base Resources.Staff have been placed on a consultation period until the end of next week.An analyst from fellow broker SP Angel said the withdrawal "may reflect a lack of critical mass and expertise in the sector, high busin...Read More
Key data from the Wednesday July 15 pricing session in Shanghai.Key driversTungsten concentrate price remained firmly above 80,000 yuan ($11,438) per tonne amid tight spot supply. Cargo holders continued to refrain from selling the material.Export price for ammonium paratungstate (APT)...Read More
COVID-19 shutdowns across southern Africa hit several of Anglo's business units, while the company also faced PGM processing issues, a gas explosion at its Grosvenor mine in Australia and challengingRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") in response to growing client demand for retail channel connections - provided through the Company's platform solution - Venzee is now providing stakeholders with visibility to retail channel connection growth and operational pipeline velocity.Today the Company is announcing key metrics indicating Retail Channel...Read More