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 transparency into the markets it covers and the pricing process it applies. Fastmarkets...Read More
ELKO, Nevada, Sept. 2, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, is pleased to announce that it will hold electronic investor update webinars throughout September hosted by CEORoadshow. Mr. Edward Karr, Chief Executive Officer will update attendees and USAU shareholders on the outlook for the Company and will be available f...Read More
The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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....Read More
Markets were mixed this morning, Wednesday September 2, with base metals prices on the London Metal Exchange little changed, the dollar was firmer and Asian-Pacific equities, as well as pre-market major western equity index futures, were stronger too. The main supporting factor seems to be Tuesday's manufacturing purchasing managers' index (PMI) data that for the most part showed robust recoveries...Read More
Key data from Fastmarkets' pricing session in Europe on Wednesday September 2. Key drivers Tighter availability of scrap and market expectations of price increases by the end of the month have encouraged some scrap suppliers to withhold material from prompt sales to get higher prices later. A slump in aerospace production has resulted in lower scrap supplies, although that has yet to b...Read More
Prominent gold commentator John Hathaway appeared on the second day of The Northern Miner's Global Mining Symposium. In January, after 22 years at Tocqueville Asset Management, the veteran investment manager moved to Toronto-headquartered Sprott Asset Management (TSX: SII; NYSE: SII), where he is now senior portfolio manager and managing director.Hathaway spoke with Dean McPherson, head of busines...Read More
Gold prices have surged in recent months amid the uncertainty surrounding the Covid-19 pandemic and enormous monetary stimulus measures, and precious metals companies have seen their valuations benefit. Below, we provide an overview of eight industry players with exposure to gold. Caldas GoldCaldas Gold (TSXV: CGC) holds the producing Marmato gold-silver project in Colombia, as well as the Juby p...Read More
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has hit high-grade gold intercepts at its O'Brien gold project in Quebec that point to the potential for a third mineralized area east of the historic mine.Highlights of drilling include 2 metres of 45.86 grams gold per tonne from 500 metres vertical depth, 2 metres of 21.29 grams gold per tonne from 260 metres depth, and 2 metres of 17.9 grams...Read More
Mining companies operating in Mexico are showing concern, after the country's government scrapped the mining sub-secretary post, one of the Ministry of Economy units, as part of a broader austerity drive on Tuesday.The move, said local mining groups that include industry chamber Camimex, will negatively impact the sector, which is already affected by Covid-19 measures and high numbers of cases and...Read More
Nordgold has sweetened its proposed takeover offer of Cardinal Resources (ASX, TSX: CDV) in order to beat out competition from China's Shandong Gold.The latest offer would see the Russian gold miner acquire all of the Cardinal shares that it does not currently own for A90 ? (US66 ?) per share in cash, up from its previous offer of A66 ? (US48 ?) per share.Cardinal's board of directors has advised...Read More
Gold mines emitted on average 0.8 tonnes of CO2-equivalent (CO2e) for every ounce of gold that was produced in 2019, according to a report from S&P Global.Strong price performance has led to a large number of new gold mines opening and, with this, also concerns of mining's impact on climate change.Another recent report from Wood Mackenzie found that emissions from metals production will need to ha...Read More
Benchmark Metals' (TSXV: BNCH; US-OTC: CYRTF) latest results from drilling the Cliff Creek zone at its Lawyers project in B.C.'s Golden Horseshoe region, includes 31 metres of 2.98 grams gold per tonne and 72.77 grams silver per tonne, or 3.89 grams gold-equivalent.Hole 20CCDD011, which returned the 31-metre section starting at 20 metres downhole, hit three discrete mineralized zones. The hole als...Read More
As the Covid-19 pandemic shutdown economies around the globe, it revealed a number of underlying problems with regional supply chains. The production of copper, cobalt, lithium and other key metals and minerals were severely impacted, leading to supply and demand problems internationally.As part of The Northern Miner's Global Mining Symposium, Frik Els, executive editor of sister publication MININ...Read More
BHP (NYSE: BHP; LSE: BHP) said this week it had inked a deal to support the development of new solar and wind farms in Australia's Queensland state as part of a company-wide effort to use more renewable energy.The miner, which runs nine metallurgical coal operations in the Bowen Basin through its BHP Mitsubishi Alliance (BMA) and BHP Mitsui Coal (BMC), said the move would help it cut its indirect...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) expects to begin producing copper at its Kakula project in the Democratic Republic of Congo (DRC) in less than a year, as total underground development to date has surpassed the 20 km mark - about 6 km further than scheduled.Kakula, the first mine planned at the Kamoa-Kakula concession, is initially forecast to generate 3.8 million tonnes of mineralized mate...Read More
U.S. sanctions and a collapsing oil industry are prompting Venezuela to step up its push into gold mining, including in protected areas of the Amazon.Read full newsRead More
Newlox Gold Summarizes Historical Data on the Boston Project & Surrounding Mining Camp Vancouver, BC, August 25, 2020 - Newlox Gold Ventures Corp. ("Newlox" or the "Company") (CSE: LUX | Frankfurt: NGO) is pleased to expand upon its announcement of the Boston Project (17 August 2020) by providing historical technical data on the project and the surrounding mining camp. Read full newsRead More
19.4 g/t Au over 4.4m within 1.4 g/t Au over 118.5m Interval and 4.7 g/t Au over 8.0m within 1.2 g/t Au over 107.3m IntervalRead full newsRead More
Are you looking for top stocks to buy this month? Barrick Gold (TSX: ABX)(NYSE: GOLD), Innergex (TSX:INE), and Metro (TSX:MRU) are three stocks that have performed well during the pandemic — and should keep doing well in September.Barrick GoldThe stock market’s high valuation means the possibility of a crash is increasing. One way to defend yourself from an impending stock crash is to...Read More
Investors were probably rubbing their eyes after seeing Zoom Video (NASDAQ:ZM) leap 42% this week. The stock caught fire following revised earnings guidance issued Monday. But should Canadians be sucked into the hype being generated by tech stocks on U.S. exchanges? Or is there a better way to accumulate wealth in a stock portfolio over the long term?Bet on the horse or buy the race track?Short-te...Read More