Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that it has entered into an agreement with NxGold Ltd. (TSXV: NXN) ("NxGold") to grant NxGold the option to acquire a 100% interest in IsoEnergy's Mountain Lake uranium property in Nunavut, Canada ("Option Agreement").Highlights:NxGold obtains a two-year option to acquire a 100% interest in the Mountain Lake ura...Read More
Mantashe, who turned 65 in June, is reportedly the country's first minister to test positive for the coronavirus.The office of the presidency said Mantashe and his wife Nolwandle, who had also tested positive, were in isolation and the minister would continue to work from home.It was the minister's third round of tests since the outbreak of the virus, the office said.Days earlier, when commenting...Read More
Dave KranzlerThe market will always from time-to-time remind us that nothing goes straight up in the stock market. The mining stocks, especially the riskiest juniors, have had huge run since mid-March. The HGNSI (Hulbert Gold Newsletter Sentiment Index) has been a remarkably reliable contrarian signal for mining stocks over the years. Sell/take profits when it moves above 60 and buy with both ha...Read More
Key data from the July 15 pricing session in London and Shanghai. Key drivers:Cobalt hydroxide payables moved up in the first half of this week with buyers still holding out from making offers in light of tight spot availability and softening standard-grade benchmark metal prices, against...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
Turkish steel mills continued their deep-sea scrap purchases at higher prices, sources told Fastmarkets on Thursday July 16.A steel mill in the Marmara region booked a US cargo, comprising HMS 1&2 (80:20) at $258.50 per tonne, shredded at $263.50 per tonne and plate and structural scrap (P&S) at $269.50 per tonne cfr. The cargo composition was not clear at the time of publication, but the traditio...Read More
* Miner says overall Q2 output falls 18% * Says ramping up output to hit FY targets set in April * Says targets dependent on how coronavirus pans out (Adds Chile drought, coal, analyst)By Zandi ShabalalaLONDON, July 16 (Reuters) - Global miner Anglo American is ramping up metals and diamond production to hitfull-year targets it set in spring, it said on Thursday, as itreported a sharp slump in sec...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Prolonged flooding in China could limit the use of construction steel and drag down demand for steel rebar in the short term, which in turn could damp the demand for iron ore. So far, it has been reported that steel mills in the affected regions have continued to operate as normal. The floods have, however, caused a few days...Read More
Russian multi-metal miner Nornickel's newly-established environmental working group has begun work to tackle the significant fallout from a series of recent ecological disasters, the company said on Thursday July 16.The working group, which comprises independent members of Nornickel's board of directors, said that it intends to solve the serious environmental issues facing the company after suffer...Read More
SAULT STE. MARIE - The Ontario government is investing $50,000 in the Lake Superior Watershed Conservancy's Canoes for Conservation project to help promote ecotourism and create several seasonal jobs. Funding through the Northern Ontario Heritage Fund Corporation (NOHFC) will be used to develop guided tours in a 14-person, 11-metre canoe, connecting visitors to cultural and historical sites along...Read More
Lithium hydroxide monohydrate, min 56.5% LiOH.H2O, battery grade, spot price, cif China, Japan & Korea, trade log including business, bids, offers and assessments reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Read More
Share this articleTORONTO - Kirkland Lake Gold Ltd. says it will cut up to 255 staff positions due to a pandemic-related suspension of operations at its Holt Complex in northern Ontario.The Toronto-based company says it has reassigned about 220 of the complex's 475 workers elsewhere within its Canadian organization since the suspension began in April.However, Kirkland Lake Gold says it now believe...Read More
Share this articleTORONTO - Barrick Gold Corp. is reporting lower production of gold and higher costs at its mines in preliminary second quarter results.The Toronto-based miner says gold production in the three months ended June 30 fell by about eight per cent to 1.149 million ounces from 1.25 million in the previous quarter, mainly due to COVID-19 related disruptions at its Veladero mine in Arg...Read More
The lithium carbonate, min 99.5% Li2CO3, battery grade, spot price, cif China, Japan & Korea, trade log including business, bids, offers and assessments reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets...Read More
About 12 years ago, I decided to go vegan. Not for ethical or even health reasons -- I really just wanted to try it.I wanted to see what would happen...I wanted to experiment with new recipes within the confines of dietary restrictions.I wanted to see how it would affect my health, my mood, and my overall outlook on food...Truth is, it wasn't bad.I actually enjoyed much of the food that I made, s...Read More
The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed...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 latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key North American steel forecast highlights:Upward momentum in US domestic sheet steel prices came to a halt in the second half of June, wiping out earlier gains. Although the prices of hot-rolled coil (HRC), cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) increased on a monthly average basis, the d...Read More
West Red Lake Gold Mines, Inc. (CSE: RLG, OTCQB: RLGMF, FSE: HYK) has assembled a significant property position, totaling 3,100 hectares, in the prolific Red Lake Gold District of Northwest Ontario, Canada, which contains three former gold mines. We learned from John Kontak, President and Director of West Red Lake Gold Mines, that they have commenced drilling, targeting new high-grade discoveries...Read More