Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalHot Chili rises to the topSPONSOREDhot chiliMarimaca timing its run to meet resurgent demand for copperSPONSOREDmarimaca copperFilo del Sol copper-gold-silver advanced explorationSPONSOREDfilo miningThe company says its due diligence has highlighted the potentially superior returns achievable thr...Read More
Vietnamese buyers have increased their interest in Japanese steel scrap amid ongoing supply shortages, sources told Fastmarkets on Thursday April 1.Offers for Russian A3 scrap came in at $450 per tonne cfr Vietnam this week, while sources estimated that deep-sea cargoes of HMS 1&2 (80:20) from the United States or Australia would be on offer at about $455-460 per tonne cfr Vietnam.One major buyer...Read More
Japan's export steel scrap market presented a mixed picture in the week to Thursday April 1, with rising steel prices in Asia colliding with continued difficulties in sourcing vessels at key Japanese ports, sources said.Sales of 3sp steel billet from Indonesia hit $630 per tonne cfr China this week, driven by strong long steel demand in the Chinese market.Vietnamese mills were heard offering bille...Read More
Argonaut Gold (TSX: AR) has reported that the sale of its Ana Paula gold project in Mexico, approximately 180 km south of Mexico City, has fallen through as the purchasing company, AP Mining, could not fulfil its financial and certain regulatory and other approvals.Argonaut's president and CEO Peter Dougherty stated in a press release that "after extending the agreement once already, we feel we a...Read More
UEX (TSX: UEX; US-OTC: UEXCF) has reported drill results from the Michael Lake zone on its 100%-owned West Bear cobalt-nickel deposit in the eastern Athabasca basin of Saskatchewan, about 740 km north of Saskatoon.Highlights include drillhole MIC-007, which intersected 9.5 metres grading 0.39% cobalt and 0.62% nickel starting from 77.5 metres, including 2 metres of 1.58% cobalt and 1.96% nickel....Read More
There is a great deal of uncertainty about what the future of automotive propulsion technology will be. This presents challenges to capital formation and allocation.For one thing a lot of people do not realize that these uncertainties even exist. The uncertainties should cause investors, business developers and executives to be extremely cautious in their expectations as to what share of the vehic...Read More
With the mill at Pure Gold Mining's (TSXV: PGM) PureGold mine in Red Lake ramped up to its 800 tonne-per-day nameplate capacity, the new producer is now focusing on fine-tuning its underground operations.First-quarter head grades came in below expectations due to overbreak dilution and limited scheduling flexibility from the temporary single-ramp access to the mine. With limited stope material, th...Read More
When Hudbay Minerals (TSX: HBM; NYSE: HBM) acquired Augusta Resources in September 2014 the key objective was to advance its Rosemont copper project, which if put into production will be one of the largest copper mines in the United States.But the acquisition also brought with it a package of patented mining claims on private land within 7 km of the open-pit project, which held about 20 small pick...Read More
A recent survey by Pauktuutit Inuit Women of Canada reveals that Inuit women in the mining industry experience a high level of sexual harassment at work.Of those surveyed by the organization, 55% reported experiencing some form of sexual harassment, ranging from unwanted sexual comments or jokes to "intense and varying forms of sexual violence and harassment on a recurring basis."In the aftermath...Read More
The international mining industry is in the early stages of the biggest collective boost it has received for almost 50 years. Arguably, the most recent equivalent was on August 15, 1971, when President Nixon declared that the price of gold would be allowed to float free.Although the U.S. Government did not finally remove the dollar's statutory link to gold until October 1976, the international adh...Read More
Novo Resources (TSX: NVO; US-OTC: NSRPF) has released a preliminary economic assessment for the company's 100%-owned Beatons Creek gold project near the town of Nullagine in the Pilbara region of Western Australia, about 296 km southeast of Port Headland and 1,364 km northeast of Perth.The early-stage study envisions an open-pit mine producing 100,000 oz. of gold annually over a six-year mine lif...Read More
The uranium market is emerging from years in the doldrums as the overhang from the nuclear disaster in Japan is cleared and global demand picks up steam. The spot price for U3O8 moved above US$30 per pound for the first time this year as uranium producers and mine developers hoover up above-ground inventories and reactor construction continues apace.Two new research notes from BMO Capital Marke...Read More
Despite a dip in its value, there is no slowing gold down as investors’ preferred safe asset. Even with falling numbers of COVID-19 infections, news of adverse reactions to the vaccines of AstraZeneca and Moderna continue to fuel uncertainty. The transition of power in the US has also not gone smoothly and Biden’s administration is struggling with the aftershock of the pandemic. Many...Read More
Supply remainsRead full newsRead More
Elections herald a time of change in Latin AmericaRead full newsRead More
US$174B investment to power up sectorRead full newsRead More
China will ensure its crude steel output falls in 2021 and launch a nationwide investigation into the implementation of steel capacity cuts since 2016, industry regulators said on Thursday, as the country aims to meet goals to curb emissions.Read full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
A resource update is underway with results expected in the second quarter.Read full newsRead More
In this article we take a look at 10 best junior gold mining stocks to buy now. You can skip our detailed discussion of the gold mining industry and go...Read full newsRead More