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AT A GLANCE: Covid-19 takes toll on Schmolz + Bickenbach's Q2 2020 results

August 13, 2020 / www.metalbulletin.com

A summary of Swiss stainless steelmaker Schmolz + Bickenbach's financial results for the second quarter of 2020, April to June.In brief Second-quarter earnings were strongly affected by the Covid-19 crisis. Effects of pandemic felt first and primarily from the widespread shutdown of automotive manufacturers. A secondary negative trend materialized in the mechanical and plant engineering industry f...Read More

POSITIONAL HOLD / CARRY Nickel Carry – BUY Nickel at CMP 888 Add more near price 880 with SL 872.40 for Target 899 – 909 – 918

March 17, 2020 / mcx.freetips.tips

Nickel Carry – BUY Nickel at CMP 888 Add more near price 880 with SL 872.40 for Target 899 – 909 – 918 Read More

Horizonte plans $325M financing to develop Araguaia nickel project in Brazil

August 12, 2020 / www.northernminer.com

Horizonte Minerals (TSX: HZM) announced that it is arranging a senior secured project finance facility of up to US$325 million to fund the construction and development of its flagship Araguaia nickel project in Para state in Brazil.A syndicate of five international financial institutions, including BNP Paribas, ING Capital LLC, Mizuho Bank, Natixis, and Soci?(C)t?(C) G?(C)n?(C)rale, will act as th...Read More

The never-ending iron ore boom

August 10, 2020 / www.mining-journal.com

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.Element 25's Butcherbird on songSPONSOREDelement 25That might sound like a tricky concept to grasp but what it comes down to is that value of the shares one man owns in Fortescue curr...Read More

Wesdome meets production guidance in Q2

August 12, 2020 / www.northernminer.com

Wesdome Gold Mines' (TSX: WDO) Eagle River complex in Ontario churned out 25,142 oz. gold in the second quarter at all-in sustaining costs (AISCs) of US$879 per ounce.According to the company, based on 50,264 oz. generated from the asset in the first half of the year, Wesdome is well-positioned to meet its 2020 production guidance of 90,000-100,000 oz. gold at all-in sustaining costs of US$985-$1...Read More

U.S. Gold adds Idaho project to portfolio

August 12, 2020 / www.northernminer.com

U.S. Gold (NASDAQ: USAU) is adding a new exploration project to its portfolio through its acquisition of Northern Panther Resource Corporation, which holds the Challis gold project in Idaho.U.S. Gold is currently focused on developing the advanced-stage Copper King project in Wyoming and the Keystone project located in the Cortez Gold Trend of Nevada.Under the terms of the merger agreement, U.S....Read More

Dongying Fangyuan's phase 2 smelting line to start in October

August 13, 2020 / www.metalbulletin.com

Copper smelter Dongying Fangyuan is planning to restart its phase 2 smelting production line in October, Fastmarkets has learned. The phase 2 operation line has capacity to process 300,000 tonnes per year of copper cathodes using copper concentrates. "The company will start to run phase 2 because the phase 1 production line has to undergo maintenance in October for one month after operating for tw...Read More

Hudbay posts US$51.9M loss on Constancia suspension

August 12, 2020 / www.northernminer.com

Canadian miner Hudbay Minerals (TSX: HBM, NYSE: HBM) posted a US$51.9 million loss in the second quarter, as an eight-week suspension of its Constancia copper mine in Peru weighed on results.The Toronto-based company revised down its production targets for its Peruvian operations to 65,000-75,000 tonnes of copper and 25,000-35,000 ounces of precious metals. Hudbay had earlier forecast 80,000-95,0...Read More

RT @BBCWorld: Why the Mauritius oil spill is so serious

August 13, 2020 / bbc.in

The location of the Mauritian oil spill means the environmental consequences of the incident could be wide-rangingRead full newsRead More

RT @staunovo: #Iraq cuts Sept Basra Light OSP to all regions #OOTT

August 12, 2020 / www.zawya.com

Iraq has cut the official selling price (OSP) of its Basra Light crude for September cargoes to Asia, the United States and EuropeRead full newsRead More

RT @davidhodari: 2020 oil demand to be weaker than previously feared, says OPEC

August 12, 2020 / www.wsj.com

The coronavirus pandemic will have an even bigger impact on the global economy and its demand for oil than previously expected, OPEC said.Read full newsRead More

RT @staunovo: U.S. energy bankruptcy surge continues on credit, oil-price squeeze #OOTT

August 12, 2020 / reut.rs

Another 16 U.S. energy firms filed for protection from creditors last month, reflecting crude oil prices below levels that are profitable for many companies, according to a report by law firm Haynes and Boone on Tuesday.Read full newsRead More

Gold price rally fueled by non-traditional buyers

August 13, 2020 / dlvr.it

Gold is getting a lot of attention from pension funds, insurance companies and private wealth specialists.Read full newsRead More

Miner Barrick beats profit estimates as gold prices surge, warns on Papua New Guinea mine

August 12, 2020 / dlvr.it

Miner Barrick Gold beat quarterly profit estimates and hiked its dividend on Mondayd, but warned that a prolonged shutdown could jeopardize the long-term viability of its Porgera gold mine in Papua New Guinea.Read full newsRead More

RT @nvgoldcorp: Exodus Gold Project Site youtube video

August 12, 2020 / youtu.be

NV Gold Corp. Exodus Gold Project SiteRead full newsRead More

RT @nvgoldcorp: Check the interactive Exodus Gold Project module...

August 12, 2020 / www.nvgoldcorp.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

RT @Investor_Intel: $GGM.V up +22.86% in July on news: #Innovexplo Begins Revised 43-101 Resource Study at #Granada

August 12, 2020 / bit.ly

July 16, 2020 (Source) - Granada Gold Mine (TSX.V: GGM) ("Granada Gold" or the "Company") is pleased to report that it ...Read full newsRead More

Victory Resources Provides 2020 Work Program Overview for Hammond Reef South Project

August 12, 2020 / bit.ly

Company to Advance Exploration on Newly Optioned Property from Abitibi Royalties Targeted to Begin in Late SeptemberRead full newsRead More

Golden Ridge Resources Announces 2020 Exploration Plans

August 12, 2020 / bit.ly

Golden Ridge Resources Ltd. is pleased to announce inaugural explRead full newsRead More

This 1 Stock Could See +250% Returns by 2025

August 13, 2020 / www.fool.ca

Tuesday was quite the double-whammy for headline-generating news. On the same news day, Russia announced that it had beaten the world to create the first coronavirus vaccine, while Joe Biden declared his VP pick. Canadians watching after-hours movements in the Dow, S&P 500, and the NASDAQ may have noticed some interesting convection.A few things were at play here, making it unclear at first gl...Read More

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