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First Cobalt to produce battery grade cobalt by early 2021

May 05, 2020 / www.northernminer.com

First Cobalt (TSXV: FCC) expects to begin production of cobalt sulphate late this year or in early 2021, which would make it North America's only primary producer of the key ingredient for the batteries that power electric vehicles (EVs) and high-tech devices.The Toronto-based company said the expansion of its refinery in Ontario, which it is carrying out in partnership with mining and commodities...Read More

Marathon Gold raises $30M in bought deal

May 05, 2020 / www.northernminer.com

Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has announced a $30 million (upsized from $26 million) bought deal. The net proceeds will be spent on permitting, development and exploration at its Valentine gold project in Newfoundland.The syndicate of underwriters is co-led by Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets. The underwriters have agreed to purchase 20 million units at...Read More

Great Bear drills 'robust gold results' at Dixie

May 05, 2020 / www.northernminer.com

Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) has released drill results from its wholly owned 91.4-sq.-km Dixie gold property in Ontario.Of the 17 holes reported, highlights include hole BR-118, which returned two notable mineralized intervals: a standout 104 metres of 2.67 grams gold per tonne from 127.2 metres, as well as 57 metres of 3.18 grams gold per tonne starting at 30 metres. In additi...Read More

Coronavirus-related disruptions likely to offset production gains from Cobre Panama, Grasberg mines

April 02, 2020 / www.mining-journal.com

Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click hereAfter production contracted 1.9% in 2019 to 20.6 million tonnes due to lower ore grades and production disruptions, copper production was initially expected to rebound st...Read More

Shanta Gold produces 20,167 ounces in Q1

May 05, 2020 / dlvr.it

The company also reported that is on track to meet its full-year production guidance of between 80,000 ounces and 85,000 ounces of gold.Read full newsRead More

Top 3 Gold Mining Stocks to Watch in 2020

May 05, 2020 / dlvr.it

Gold prices in 2020 have jumped higher. As a result, the top gold mining stocks are moving higher as well. It'd be good to watch these three gold companies.Read full newsRead More

BRIEF-Auplata Mining Group To Focus Production Strategy On Gold

May 05, 2020 / dlvr.it

AUPLATA MINING GROUP SA:Read full newsRead More

RT @GreenlaneBiogas: Where is #RNG moving forward and what will this mean for the industry and states? [

May 05, 2020 / www.waste360.com

Part two of this series explores RNG pricing and market trends in the transportation fuel and utilities markets.Read full newsRead More

Underground #drilling at #Castlemine has intersected high-grade #Gold for the first time in addition to high-grade...

April 24, 2020 / twitter.com

"Underground #drilling at #Castlemine has intersected high-grade #Gold for the first time in addition to high-grade #Cobalt, #Silver and #Nickel ???(C)??',#CanadaCobaltWorks $CCW #Gowganda #MomentumStockshttps://t.co/rg11fqsfR3"Read full newsRead More

.@Talisker_Ltd Announces Assay Results for Second Drill Hole at Bralorne Gold Project

May 05, 2020 / bit.ly

Talisker Resources is pleased to announce results from the second drill hole at the Bralorne Gold ProjectRead full newsRead More

.@brixtonmetals Drills 5.00m of 1,293 g/t Silver at Its Langis Project, Ontario

May 05, 2020 / bit.ly

Brixton Metals Corporation is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Read full newsRead More

Global Recession: Is It Time to Look at Gold Stocks?

May 06, 2020 / www.fool.ca

With a global recession almost certainly in full swing, investors are showing renewed interest in gold. According to GoldPrice.org, gold was going for $1,703 on Monday, a 31.5% increase over the same day a year before. That’s an impressive gain. And it’s not only the commodity itself that’s seeing a boost.Gold stocks are also rising, with Barrick Gold up 47% year-to-date. In...Read More

After a Solid Q1, Top TSX Gold Stocks Look Set for New Peaks

May 06, 2020 / www.fool.ca

Energy and airline stocks have been some of the hardest-hit sectors amid the recent market rout. Utilities and telecom stocks largely tracked the broader markets. But one segment that went through the roof and notably outperformed TSX stocks at large is the gold miners.TSX gold miner stocks have stayed notably strong so far this year, even during the COVID-19 crash in March. While rallying physica...Read More

Modular Mining launches public application programming interface

May 06, 2020 / www.mining.com

Image from Modular Mining. Modular Mining announced on Wednesday it has launched its Modular Mining Public Application Programming Interface (API). The API is designed for integration and increased openness amongthird-party technologies and Modular Mining's IntelliMine portfolio,including the DISPATCH fleet management and ProVision machineguidance systems.Through the Public API infrastructure,...Read More

Yamana forecasts 31% increase in Jacobina output

May 06, 2020 / www.mining.com

Jacobina gold mine is s located in the east central section of Bahia state of Northern Brazil. (Image courtesy of Yamana Gold) Yamana Gold (TSX: YRI; NYSE: AUY) said on Wednesday that the Phase 2 expansion of its Jacobina mine in Brazil could lead to significant increases in production and cash flow generation, reaffirming the mine as a "low-cost and long-life asset."The Phase 2 expansion project...Read More

Kirkland Lake's strong Q1 results boosted by Detour

May 06, 2020 / www.mining.com

Detour Lake mine, a large-scale open pit mine in northeastern Ontario. (Image courtesy of Detour Gold) Kirkland Lake Gold (TSX:KL, NYSE:KL) announced on Wednesday results for the first quarter of 2020 with strong year-over-year growth in net earnings and record levels of gold sales.The company reported production of 330,864 ounces, a 43% increase from 231,879 ounces in Q1 2029 and 18% higher than...Read More

Mr. Dines: Here Comes One of the "Biggest Bull Markets In History"

May 02, 2020 / www.outsiderclub.com

Publisher's Note: Today we're bringing you a pair of excerpts from Mr. James Dines' Interim Wealth Bulletin, a weekly, in-depth companion service for The Dines Letter.Mr. Dines has long warned about the dangers of infectious diseases, the building currency crisis, and how a massive gold spike and bull market were building. Now we're seeing all three pan out at the same time. Read on for Mr. Dines'...Read More

Falling peso affects Torex's Q1, shares drop

May 06, 2020 / www.mining.com

At Torex Gold's El Limon Guajes mine in Mexico. Image from Torex. A "wild swing" in the Mexican peso weighed on Torex Gold's (TSE: TXG) first quarter, despite solid production of 108,537 ounces of gold at the company's El Limon Guajes mining complex in Guerrero state.In a release, Torex president and CEO Fred Stanford noted that accounting changes in the treatment of stockpiled ore and the depre...Read More

Gold price back below $1,700

May 06, 2020 / www.mining.com

File image. Gold slipped further on Wednesday as economies across the world try to return to normalcy after a long period of lockdown, drawing investors towards riskier assets - even as the number of covid-19 cases continues to spike.A stronger US dollar and expectations that gold supply will grow once bullion refineries resume operations also exerted downward pressure on the precious metal's pri...Read More

IN CASE YOU MISSED IT: 5 key stories from May 6

May 07, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday May 6 that are worth another look.Mining operations at Anglo American's Grosvenor coal mine in Queensland, Australia, have been suspended following an incident on the afternoon of Wednesday May 6, which led to its evacuation.Stainless steel prices in China were largely unchanged in the week to May 6, with market participants in t...Read More

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