Key data from the pricing session in London on Thursday June 3.Key drivers: Thursday was a busy day of trading, with 41 tonnes of business captured in the pricing session. Material was transacted either side of the price range for standard grade,...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.Fastmarkets assessed Cobalt...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 standard grade, in-whs Rotterdam, $/lb at 19.80-20.60...Read More
Ukraine's Privat Group, a major producer of manganese alloys, hit a monthly production target for May of almost 59,000 tonnes at its Nikopol ferro-alloys plant, up by about 2,000 tonnes from April amid strengthening European prices this year, an industry source said.Privat is also considering whether to start an additional silico-manganese furnace at Nikopol, which would use low-phosphorus slag as...Read More
One of the top contenders to bring new copper pounds to market in the medium term is Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO), operator of the 75%-owned Gibraltar open-pit mine in British Columbia, company president Stuart McDonald tells The Northern Miner.The Vancouver-based company is awaiting a final permit decision by the U.S. government's Environmental Protection Agency (EPA) on its Fl...Read More
Five grades of steel scrap will no longer need to undergo customs inspections at ports in China when they are imported into the country, beginning on June 10.But five other grades of the steelmaking raw material will undergo such inspections from the same date.China's General Administration of Customs said on Thursday June 3 that it would no longer carry out imported commodity inspections on a lis...Read More
Recent drill results from Newcore Gold's (TSXV: NCAU; OTCQX: NCAUF) Enchi project in Ghana underlines the company's district-scale exploration opportunity in Africa's top gold producing nation, president and CEO Luke Alexander tells The Northern Miner.On June 1, Newcore reported drilling at the Boin gold deposit, one of three resource-stage deposits comprising Enchi, had intersected 0.9 grams gold...Read More
Monarch Mining (TSXV: GBAR; US-OTC: GBARF) plans to reopen its Beaufor mine and Beacon mill, 20 km east of Val-d'Or, Quebec, by next June.Currently on care and maintenance, Beaufor has produced over 1.1 million oz. of gold at an average grade of 7.5 grams gold per tonne since first production in the 1930s.Before the suspension of operations in June 2019, the operation employed 150 people at the mi...Read More
China's Ceke Port has requested the country's customs authorities to clear only 90 trucks per day from Mongolia - instead of the typical 200 per day - from Wednesday June 2 after a truck driver tested positive for Covid-19 a day earlier, sources told Fastmarkets.Ceke Port - located in Alashan League, a division of China's Inner Mongolia autonomous region - is a major port of entry on the country's...Read More
Global miners can continue to expect an "exceptional year of earnings" through 2022 as a broad commodity price rally underpins strong financial results for most actors, according to a new report from Fitch Solutions.Despite sky-high earnings, Fitch expects miners to maintain restraint over capital expenditure, instead focusing on further debt reduction with the additional profits generated this ye...Read More
Kinross Gold (TSX: K; NYSE: KGC) has signed a US$9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to look for gold.The agreement covers about 83 sq.-km of S2's noncore gold tenements in Finland, with the Australian junior on Thursday saying that it would retain full ownership of 498 sq.-km of ground holding the Aarnivalkea gold prospect and the Ruo...Read More
Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingIn reporting the company's 2020 financial results in March, Image chief executive Patrick Mutz...Read More
Russian gold producer Nordgold is planning an initial public offering (IPO) of at least 25% of its existing shares in London, with a secondary listing in Moscow, as it seeks to take advantage of renewed interest in gold investments.The miner won't sell new shares, but said the IPO would broaden its financing opportunities and help the company to retain key managers. It said it hoped for a premium...Read More
Mining Journal speaks to Endeavour CEO S?(C)bastien de MontessusRead full newsRead More
No impact on production flaggedRead full newsRead More
By Adria Calatayud IronRidge Resources Ltd. said Tuesday that it plans to demerge its gold assets in the Ivory Coast and Chad into a separate listed entity...Read full newsRead More
Gold Mountain Mining Corp. is pleased to announce that it has successfully executed three Memorandum of Understanding's with surrounding Indigenous communities, establishing a process for ongoing engagement towards social and economic collaboration.Read full newsRead More
Inomin Mines (TSXV: MINE) has the potential for higher valuationRead full newsRead More
This year has turned out to be an interesting one for investors. Several stocks skyrocketed this year: some with potential and some without. However, investors focusing on generating reliable long-term returns will always gravitate toward value. In this regard, Kirkland Lake Gold (TSX:KL)(NYSE:KL), and Maple Leaf Foods (TSX:MFI) are among the best stocks on the TSX today.Here’...Read More
Commodities are taking off right now. Whether we’re talking about copper, gold, or oil, commodities are (finally) having their day in the sun.For Canadian investors, this is a great thing. After all, commodities make up a sizable portion of Canada’s economy. The TSX is chock full of commodity plays, and investors have their pick of which options to choose. However, is now the time to g...Read More