Key data from the pricing sessions in Asia and the United States for the week ended Friday April 2.China Seaborne low- and high-grade manganese ore prices fell again amid ongoing bearish sentiment fueled by weak portside prices and high stocks in Chinese ports.Portside markets reported...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt...Read More
Tantalum prices have hit year-to-date highs while strong demand from the electronics sector will continue to support the market in the second quarter of 2021, market sources told Fastmarkets.Fastmarkets' assessed the price of tantalite, basis 25% min Ta2O5, cif China at $69-71 per lb on April 2, its highest since Fastmarkets started assessments in May 2020 - when it stood at $65-66 per lb - a...Read More
Key data from the Friday April 2 pricing session in Shanghai.Key drivers China's domestic magnesium producers raised their ex-works prices for the material due to increased prices of coal, which is one of the inputs for producing magnesium.Coal output from...Read More
Liberty Steel has resumed production at its UK special steel plant in Rotherham, the steelmaker said on Tuesday April 6.Operations at the plant were halted on March 12, the company said."We are grateful for the support from our customers and suppliers in enabling the restart and in supporting our self-help measures such as matching our current stock to customer orders and working with customers to...Read More
This week's episode features Huw Roberts, director at CHR Metals Limited, in conversation with Mining.com executive editor Frik Els at the Global Mining Symposium on Feb. 24, 2021. Huw discusses China's economic development over the last twenty years and its impact on industrial metal prices. Huw also speculated on how the 'low-carbon economy' might fuel a new supercycle in commodities. Also, Rev...Read More
Liberty Gold (TSX: LGD; US-OTC: LGDTF) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on a gold-equivalent basis compared with a previous estimate from 2014.The estimate brings five new deposits at the 92-sq.-km project in western Turkey into resources. The previous 2014 resource included only the Kucukdag deposit.In a press r...Read More
A preliminary economic assessment (PEA) on Hudbay Minerals' (TSX: HBM; NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper mine in the U.S., more than doubling the miner's copper production.With a 27-year life, the project would involve 20 years of mining and seven years of stockpile processing at a 120,000 tonne p...Read More
Canada's Attawapiskat First Nation it's challenging the construction of a new mine landfill near the community in the province of Ontario, which is being proposed by diamond miner giant DeBeers.The Anglo American unit has been seeking provincial approval for a place to dispose mine demolition waste from the Victor Diamond mine, which is being decommissioned. The planned location, the Attawapiskat...Read More
The transition to electric vehicles could take a decade or two but demand for the key metals in batteries and energy storage systems will only continue to grow as the shift to a greener future gains traction.China currently leads the world in EV and battery production. The latest statistics from China's Ministry of Industry and Information Technology, according to BMO Capital Markets, show that sa...Read More
Toronto-based Arizona Metals (TSXV: AMC; US-OTC: AZMCF) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise $15 million. The funds are expected to allow the Arizona-focused explorer to triple its Kay Mine phase 2 expansion drill program that is ongoing to 75,000 metres, from 25,000 metres.The underwriters have agreed to purchase 7.15 mi...Read More
Imagine the value of 50 gold mines along the same stretch of highway. Current worth compared to historical value is what sparked Trillium Gold Mines (TSXV: TGM) CEO Russell Starr's vision when he began assembling what is now the second largest land package in Ontario's Red Lake mining district - Newman Todd, Rivard and Gold Centre, a large part of the Confederation Greenstone.With the discovery of...Read More
The Attawapiskat, Fort Albany, and Neskantaga First Nations in the James Bay lowlands of Ontario, Canada have declared a moratorium on "any development in or to facilitate access to the Ring of Fire mining area," stating that their territories and rights stand to be seriously and permanently desecrated by massive-scale mining in the minerals-rich region in the province's north.The Ontario governme...Read More
Lift-off for Highfield ResourcesSPONSOREDhighfield resourcesKodiak Copper: A New Copper-Gold Discovery in CanadaSPONSOREDkodiak copperCapella to bring new life to Norway's historic copper sectorSPONSOREDcapella minerals ltdHot Chili rises to the topSPONSOREDhot chiliAdvice dispensed last week by two of the big names in the world of investment banking highlights the sharp divide between experts...Read More
The S&P/TSX Venture Composite Index rose 1.86% to finish the trading week at 960.84. Spot gold fell US$3 per oz., or 0.17%, to US$1,730.30 per ounce.Rusoro Mining rose 2 ? to 8 ? per share. At the end of March, the French Supreme Court overturned a decision by the Paris Court of Appeal that had annulled part of the damages portion of the arbitral award granted to Rusoro in its decade-long dispute...Read More
The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per oz., or 0.17%, to US$1,730.30 per ounce. AngloGold Ashanti jumped US$1.95 to US$22.98. Interim CEO Christine Ramon said on March 31 that the company does not need to pursue mergers and acquisitions and won't add scale for its own sake, dampening specul...Read More
Broad division in investment banking communityRead full newsRead More
Copper production down on 2020Read full newsRead More
Ready Set Gold Corp. is pleased to announce the results of the fiRead full newsRead More