Switzerland-based trader-producer Glencore has cut its production guidance for cobalt and ferro-chrome for 2020 in response to expected business interruptions caused by the Covid-19 pandemic. The company now expects to produce 26,000-30,000 tonnes of cobalt in 2020, down from guidance of 25,000-33,000 tonnes. Glencore had already earlier cut its cobalt production guidance for Katanga mine to...Read More

Minor metal market participants do not expect the Yunnan provincial government incentives for commercial stockpiling of non-ferrous metals to immediately boost indium or germanium prices due to the potentially limited share allocated to minor metals and the weak demand outlook. The Yunnan provincial government called for leading enterprises to stockpile non-ferrous metals including copper, al...Read More

A summary of Russian multi-metal miner Nornickel's production results for the first quarter of 2020. In brief: Despite a drop in base metals production in the first quarter of 2020, company chief executive officer Sergey Dyachenko said the Covid-19 outbreak has not had any adverse material impact on the company's operating results so far. The company's copper output decreased 9% year on...Read More

Concerns over the possibility of lower Indonesian stainless steel supply emerged over the past week after local media reported that four people at the Indonesia Morowali Industrial Park - where a major producer is located - had tested positive for the Covid-19 virus. PT Indonesia Tsingshan Stainless Steel, which is located in the industrial park, did not issue any new offers this week, sources sai...Read More

ELKO, Nevada, April 30, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce that it will hold electronic investor update webinars throughout May hosted by CEORoadshow. Mr. Edward Karr, President & CEO will update attendees and USAU shareholders on the outlook for the Company and will be available for questions after the initial presentation.Mr. Karr states, "In...Read More

Demand for heavy melting scrap (HMS) imports in Taiwan softened this week, with Taiwanese buyers cutting down on purchases after stocking up in the past few weeks.Transactions for containerized cargoes of HMS 1&2 (80:20) from the United States West Coast were being concluded at increasingly lower prices throughout the week.They went from $224 per tonne cfr and $225 per tonne cfr in the first two d...Read More

Scrap buyers in Vietnam are maintaining their wait-and-see approach to get a better idea of price directions after major holidays in the country and in Japan, a major supplier.No confirmed transactions were heard this week.Bids for bulk cargoes of Japanese H2 scrap were heard at $230 per tonne cfr Vietnam, while offers were at $236-238 per tonne cfr.Fastmarkets' weekly price assessment for steel s...Read More

Rockcliff Metals (CSE: RCLF) has announced a new high-grade nickel-PGE discovery at its wholly-owned Tower property, 600 metres south of the company's high grade, copper-rich Tower deposit and 130 km from Wabowden in central Manitoba.Drilling at the property was conducted in the winter of 2019-2020, with drill hole 20-002 intersecting 2 metres grading 2.53% nickel, 3.08 grams palladium per tonne a...Read More

Infill results from Osisko Mining's (TSX: OSK) drill program at the Windfall gold project in the Abitibi greenstone belt in Quebec continue to suggest strong grades within the Lynx zone and confirm past step outs of Triple Lynx.Drill highlights released on April 29 include 3 metres of 35.3 grams gold per tonne, which confirms a prior intercept of an up-plunge extension of the Triple Lynx zone 120...Read More

Torex Gold Resources (TSX: TXG) is trialling a new underground mining system at its wholly-owned Morelos Gold property in Mexico's Guerrero state, 180 km southwest of Mexico City.The property is made up of the El Lim??n Guajes (ELG) mine complex, which features the El Lim??n, Guajes and El Lim??n Sur open pits, the El Lim??n underground mine, including the Sub-Sill, El Lim??n, Deep and 71 zones, a...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesHow mining companies can reduce equipment purchasing cost and improve qualitySPONSOREDtechnical audit‘From the Capital' columns over the past two weeks have outlined three scenari...Read More

Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.Read full newsRead More

Print Versions of the Iconic Publications Maintain 91%+ Pick UpRates Omnichannel media continues to offer advertisers access to a large and influential audience. Consolidating key audience remains a priority as MediaCentral actively pursues synergistic and accretive acquisition opportunities. TORONTO, ON., April 30, 2020- Media Central Corporation Inc. (CSE: FLYY, FSE: 3AT) ("MediaCentral" or the...Read More

Nexus Gold Corp. has engaged Chibougamau Diamond Drilling Ltd to conduct its upcoming diamond drilling program at the McKenzie Gold Project.Read full newsRead More

Noble Mineral intends to rely on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of its audited annual financial statementsRead full newsRead More

Guyana Goldstrike (TSXV:GYA) (OTC:GYNAF) (FSE:1ZT) is pleased to provide an update on the status of the filing of its quarterly financial statementsRead full newsRead More

Newrange Gold is pleased to provide an update on exploration activities at the Pamlico Project in Nevada and North Birch Project in Ontario.Read full newsRead More

"Roughly 10 million ounces of #gold production have been impacted by #COVID19 slowdowns and shutdowns, said Ken Hoffman of @McKinsey at the #WorldGoldForum. https://t.co/Oy5b9XT6O0 #investing #coronavirus"Read full newsRead More

Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) President and CEO of Alamos Gold, John McCluskey, discusses the company's operating gold mines in North America and Mexico.If you cannot view the video above, please visit:https://www.b-tv.com/alamos-gold-mining-ceo-clipRead full newsRead More

Gold stocks pulled back from multi-year highs in recent days. Is the bull run over, or simply taking a pause before another surge higher?Gold market rallyGold traded for about US$1,300 per ounce at this time last year. The price started to rally in late May and continued to move higher through the summer months of 2019, driven by fears that the trade war between China and the United States would t...Read More