Glencore will not rush to bring its Mutanda copper-cobalt mine in the Democratic Republic of Congo (DRC) back into production ahead of an increase in demand from the electric vehicle sector, and while cobalt prices are low, chief executive officer Ivan Glasenberg said during an investor call earlier today. Mutanda was put on care and maintenance for at least two years at the end of November 2019 f...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday August 5.Key drivers European antimony prices climbed this week following higher shipment offers from China. Chinese suppliers maintained firm offer prices amid growing buying interest and persistent difficulty in securing cheap ore material from abroad. Tight prompt inventories in Rotterdam...Read More

Fastmarkets will increase the pricing frequency of its fixed price cobalt hydroxide index, to fortnightly from Friday August 7.From August 7, Fastmarkets will publish its cobalt hydroxide index, min 30% Co, cif China on Friday every other week.The decision to increase the pricing frequency of the index reflects market feedback from an initial consultation period and a review of fixed price data th...Read More

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5% basis, China ex-works, yuan/tonneThe exchange rate on Wednesday August...Read More

Mexico is an attractive destination for Canadian miners with its mining-friendly policies, prospective mineral belts and well-developed infrastructure and legislation. Below, we provide an overview of eight companies with exploration, development and production-stage assets in the country. Americas Gold and SilverLHD loader at Americas Gold & Silver Cosala project's San Rafael mine in Mexico. Cre...Read More

Since the establishment of the spot market for iron ore in 2008 and the inclusion of coking coal prices on the Singapore Exchange in 2014, the price of 62% iron ore has never risen above coking coal, said Clyde Russell, in a column for Reuters news agency on Aug. 5.The spot price of a tonne of iron ore and coking coal, essential materials in steelmaking, delivered on a cost and freight delivered b...Read More

The Global Tailings Review (GTR) has released the first-ever Global Industry Standard on Tailings Management, aimed at strengthening best practices around tailings dams in the mining sector, with the goal of zero harm to people and the environment.The standard is the result of a more than one-year process started by the United Nations Environment Programme, Principles for Responsible Investment (P...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyLithium no quiet place for AVZSPONSOREDavz mineralsScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources The trade weighted index measuring the US dollar against the currencies of advanced countries has fallen by more than 7% since mid M...Read More

Glencore (LSE: GLEN) posted a US$2.6 billion loss after write-downs for the first half of the year and scrapped its dividend, as the coronavirus pandemic dented global demand and lowered prices and production at its mining division.Despite the virus impact, the Swiss commodities trader and miner managed to remain profitable on an operating basis. Glencore posted US$1.5 billion in adjusted earnings...Read More

The most recent five drill holes (and one redrilled hole) reported from Moneta Porcupine Mines' (TSX: ME; US-OTC: MPUCF) Golden Highway project, 110 km east of Timmins, extend the mineralization at the 55 deposit by up to 250 metres west and 150 metres east of the resource boundaries.Drill highlights included 9 metres of 2.2 grams gold per tonne starting at 160 metres and 9 metres of 0.9 gram gold...Read More

When Alamos Gold (TSX: AGI; NYSE: AGI) paid Placer Dome $10 million for the Mulatos project in Mexico in November 2001, gold was below US$300 per ounce.At that gold price, recalls John McCluskey, the company's president and CEO, "Mulatos didn't look very promising - nothing did at that time - but we entered into the agreement on the assumption that the gold price would rise and it did within six m...Read More

Inomin Mines (TSXV: MINE) has announced an agreement to acquire Gunpoint Exploration's (TSXV: GUN) La Gitana and Pena Blanca gold-silver properties, located 100 km east of Oaxaca City, Mexico.Under the agreement, Inomin will acquire a 100% interest in the properties in exchange for 1 million common shares of the company, $25,000 in cash, and a 1.5% net smelter return royalty (NSR) payable to Gu...Read More

End-user demand for steel in Mexico has improved and most sectors are performing close to pre-pandemic levels, according to Latin American steel group Ternium."Demand in the Mexican industrial sector is very good today," its chief executive officer M??ximo Vedoya said on Wednesday August 5.Among the sectors that are performing better are home appliances, automotive and infrastructure, he added.Mex...Read More

Russia has continued increasing fuel exports to the United States, raising them by 16% in July from June, to 1.078 million tonnes, replacing crude oil supplies from Venezuela, Refinitiv Eikon and traders' data showed on Thursday.Read full newsRead More

The AI-Powered Search Engine Promises to Bolster Analog Gold's Growth in 'Undervalued' Mining MarketFORT LAUDERDALE, Fla. and NASHVILLE, Tenn., Au...Read full newsRead More

Nigeria hopes changes it has made to gold mining regulation will earn the government $500 million a year in royalties and taxes and create 250,000 jobs, President Muhammadu Buhari said on Thursday.Read full newsRead More

Northstar Gold Corp. provides the following exploration update foRead full newsRead More

Gold79 Mines (TSXV:AUU) has launched its campaign on the Investing News Network's resource channel.Read full newsRead More

VanGold Mining Corp (theRead full newsRead More

As the price of physical gold continues to scale fresh high with each passing day, shares of Kinross Gold (TSX:K)(NYSE:KGC) have more than tripled from its 52-week low of $4. The fear of recession continues to drive demand for the shiny yellow metal, in turn, pushing the shares of gold mining companies higher.Higher jobless claims, rising coronavirus cases, and weak economic data suggest that the...Read More