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AT A GLANCE: Tubacex pushed into loss by pandemic

July 30, 2020 / www.metalbulletin.com

A summary of Tubacex, Spanish manufacturer of seamless stainless steel tube, financial performance in the first half-year of 2020. In brief  Tubacex attributed weaker half-year results due to the effects of the Covid-19 pandemic.  Pandemic-related lockdowns around the globe since March have led to a significant sales drop in the power generation market. Activity in the global seamless st...Read More

AT A GLANCE: Aperam's Q2 earnings feel the effects of Covid-19; Q3 to remain challenging

July 30, 2020 / www.metalbulletin.com

A summary of stainless steel producer Aperam's results for the second quarter of 2020.In brief Aperam recorded a sharp drop in earnings in the second quarter of 2020 due to restrictions imposed to curb the spread of the Covid-19 pandemic leading to a drop of demand for stainless flat steel and lower selling prices - although pressure from imports also dropped com...Read More

China-Europe arb leaves European ferro-vanadium inventories dwindling, prices higher

July 30, 2020 / www.metalbulletin.com

The continued price differential between Chinese and European vanadium prices that sparked interest in exports to China has left inventories in Europe depleted and has eventually sent European prices upward, market sources told Fastmarkets. Fastmarkets assessed the ferro-vanadium 78% V min, fob China price at $29.50-30.50 per kg on Thursday July 23, unchanged from the previous week, while its...Read More

Return to base

July 29, 2020 / www.mining-journal.com

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesFar be it for me to ever feed fuel into a fire - and so this week I will refrain from commenting much about the gold...Read More

Brixton Metals Samples 68.8 g/t Gold at its Thorn Project in the Golden Triangle and Announces an Upsized and Fully Subscribed $5,500,000 Private Placement

July 29, 2020 / brixtonmetals.com

July 29, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") provides an update on its Thorn Project exploration activities. Ongoing soil geochemical surveys and rock sampling has returned gold values up to 68.8 g/t Au from the West Outlaw target area where preparation for drilling has started.Due to strong investor demand Brixton is pleased to announce it has increased its...Read More

Copper Mountain shares rise on strong results

July 29, 2020 / www.northernminer.com

Copper Mountain Mining (TSX: CMMC) exceeded its revised operating plan for the second quarter of 2020, the Vancouver-based miner announced on Wednesday. The company operates three mines, one in British Columbia and two in Australia.Production for the three-month period reached 23.9 million lb. copper-equivalent, comprising of 18.1 million lb. copper, 7,499 oz. gold and 86,126 oz. silver.Revenues...Read More

Vale enacts emergency protocol at Barragem 5 dam in Brazil

July 30, 2020 / www.northernminer.com

Vale (NYSE: Vale) announced on July 29 that it started, on a preventive basis, the Level 1 emergency protocol for Barragem 5 dam, at Mina da Mutuca, Nova Lima, in the state of Minas Gerais, Brazil.According to the company, the protocol does not require the evacuation of the population downstream of the dam.Barragem 5 was built with compacted soil, with a downstream construction method and no long...Read More

Cameco loses $65M in Q2

July 29, 2020 / www.northernminer.com

Cameco (TSX: CCO; NYSE: CCJ) is planning to restart its Cigar Lake mine in northern Saskatchewan in early September, the Canadian uranium major announced.The restart of the mine, which has been placed on care and maintenance since March 23, will be dependent on several factors, the company said, including its ability to establish safe and stable operating protocols, as well as the availability of...Read More

Harte Gold reopens Sugar Zone mine

July 29, 2020 / www.northernminer.com

Harte Gold's (TSX: HRT) Sugar Zone mine is back up and running, following a temporary shutdown at the end of March due to the Covid-19 pandemic.According to the company, longhole blasting and ore haulage rates underground are improving, and development and backfill activities are meeting or exceeding expectations. With a mill restart planned for August, Harte has built up a stockpile of feed for...Read More

Chile's Chamber of Mines rejects calls to privatize Codelco

July 30, 2020 / www.northernminer.com

Chile's Chamber of Mines and unionized workers have rejected a proposal put forward by parliament members to sell state-owned Codelco, the world's largest copper miner, in order to finance the country's response to the coronavirus pandemic.The plan, laid out in an internal memo to members of the Independent Democratic Union (UDI) party, triggered stern criticism from both sector representatives an...Read More

Gold hits an all-time high, but Warren Buffett doesn't buy it. Should you?

July 29, 2020 / cnb.cx

Gold hit a new all-time high as investors seek a hedge against market uncertainty and potential inflation, but its investment track record is spotty, and Warren Buffett has never been a buyer.Read full newsRead More

Mining Companies Flock to Stake Claims in Red Lake After Recent Gold Strikes in That Area

July 29, 2020 / dlvr.it

NEW YORK, July 28, 2020 /PRNewswire via COMTEX/ --NEW YORK, July 28, 2020 /PRNewswire/ -- Already one of the largest and highest-grade gold producing...Read full newsRead More

Rio Tinto reports new gold find at Western Australia mine

July 29, 2020 / dlvr.it

Rio Tinto Ltd said on Monday it discovered gold-rich deposits at its Winu project in Western Australia and indicated the potential for a major new copper and gold mine in the region.Read full newsRead More

RT @nvgoldcorp: NV Gold has increased its claim holdings at the high-grade Exodus Gold Project

July 29, 2020 / tinyurl.com

NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More

.@goldenridgeres $GLDN Completes Non-Brokered Private Placement for $2.15M

July 29, 2020 / bit.ly

GOLDEN RIDGE RESOURCES LTD. announces it has closed its previouslRead full newsRead More

.@TriumphGoldCorp $TIG Announces 2020 Exploration Program at Freegold Mountain Project, Yukon

July 29, 2020 / bit.ly

Triumph Gold Corp is pleased to announce plans for the upcoming eRead full newsRead More

Puma Exploration $PUMA Adds More Claims at Triple Fault Gold Project #ResourceNews #Zinc #Copper

July 29, 2020 / bit.ly

Puma Exploration Inc., PUMA-TSXV, has increased its land packageRead full newsRead More

Getchell Gold Corp. $GTCH Announces Acceleration of Warrant Expiry Date and Provides Update on Star Mining Lease

July 29, 2020 / bit.ly

Getchell Gold Corp. announces that the Company's shares having clRead full newsRead More

.@SteppeGold $STGO Provides Update on ATO Gold Mine Expansion

July 29, 2020 / bit.ly

Steppe Gold Ltd. is very pleased to provide an update on the BankRead full newsRead More

NV Gold $NVX $NVGLF Increases Property Claim Holdings at the High-Grade Exodus Gold Project

July 29, 2020 / bit.ly

NV Gold Corporation is pleased to announce that the Company, furtRead full newsRead More

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