Broad markets were weaker this morning, Thursday May 21, this after strong gains in recent days on high hopes that the recovery will gain momentum while economies move out of lockdowns and with ultra-loose monetary policy adding fuel. The danger is that some countries are relaxing lockdowns for economic reasons even though the Covid-19 virus is not under control, and that runs the risk of the viru...Read More

Spot payables for cobalt hydroxide continued to edge up in the first half of the week, which saw active inquiries and steady procurement from consumers. Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China rose to 63-65% against the standard-grade cobalt price on Wednesday May 20, up 1.2% from 62-64.5% on Friday. Many suppliers are holding back from sales due to tightened av...Read More

Cobalt metal prices in China rose by 2% in the first half of this week, with sentiment improving amid growing expectations of further stimulus measures being announced during the Chinese People's Political Consultative Conference (CPPCC) on Thursday May 21 and the National People's Congress (NPC) on Friday. Fastmarkets' price assessment for cobalt 99.8% Co min, ex-works China was 245,000-255,000 y...Read More

China's leading stainless steel producer, Tsingshan Group, has raised its ferro-chrome tender price for June delivery by 500 yuan ($70) per tonne month on month.The move has come with the prices for chrome ore and imported charge chrome both surging on supply tightness created by the measures used to try to control the outbreak of Covid-19 in South Africa.The mill, whose base is in Eastern China,...Read More

Chinese stainless steel prices were mostly stable over the past week despite sluggish buying interest, sources told Fastmarkets on Wednesday May 20.Market participants said producers were unwilling to provide significant discounts due to the higher cost of raw materials, particularly nickel, a major component of stainless steel.The three-month nickel contract on the London Metal Exchange has avera...Read More

Kirkland Lake Gold (TSX: KL; NYSE: KL) has struck a strategic partnership with Melkior Resources (TSXV: MKR), which is advancing its flagship Carscallen gold project in the Timmins gold camp of Ontario.The Toronto-based gold miner, whose high-grade mines in Canada and Australia produced 974,615 oz. of the precious metal last year, is investing $1 million in a non-brokered private placement for up...Read More

Phase one drilling at Rockcliff Metals' (CSE: RCLF) Freebeth property in central Manitoba has returned high-grade copper and zinc mineralization including 5.28% copper equivalent over 2 metres and 4% copper-equivalent over 5 metres.The drill program also pinpointed the historic Last Hurrah zone on the property, which is 3.5 km southeast of the past-producing Spruce Point copper-zinc mine, and with...Read More

With an initial US$493-million investment, Cypress Development's (TSXV: CYP) Clayton Valley lithium project could produce 27,400 tonnes lithium carbonate equivalent (LCE) per year over a 40-year mine life, according to a prefeasibility study (PFS) released this week.At an 8% discount rate, the project has an after-tax net present value of US$1.1 billion, an internal rate of return of 25.8%, and a...Read More

Canada Nickel Company (TSXV: CNC) has discovered two new palladium-platinum zones and extended nickel mineralization at its wholly owned Crawford nickel-cobalt project located in the Timmins-Cochrane mining camp, 40 km north of Timmins, Ontario.Discovery holes drilled in the East zone at the property have doubled the strike length of the nickel mineralization, while partial assays from a third hol...Read More

Colombia-focused Caldas Gold (TSXV: CGC) is casting its eyes on Canada with plans to acquire the Juby gold project, 11 km southeast of the Timmins gold camp in Ontario in the southern part of the Abitibi greenstone belt.The company's flagship asset is its Marmato gold project in Colombia's Middle Cauca gold district, 80 km south of Medellin. Caldas is a spin-off of Gran Colombia Gold (TSX: GCM; US...Read More

U.S. domestic production of uranium concentrate plunged 89% to 174,000 lb. U3O8 last year, according to the latest annual report published by the U.S. Energy Information Administration (EIA).This also represents a steep decline compared to the 4.89 million lb. the U.S. produced five years earlier.The production of uranium concentrate is the first step in the nation's nuclear fuel production proce...Read More

Australia's Danakali (LSE: DNK) is in the final stages of completing the second phase of development of its world-class Colluli potash project in Eritrea, Africa.The front-end engineering design (FEED), expected to be finished in June, will take the company a step closer to the construction phase and then onto production in 2022, Danakali said.The three key objectives set for the second phase of d...Read More

Seven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesExecutive producer Michael Moore and his writer, director, editor and narrator Jeff Gibbs have confounde...Read More

Combined effect could improve the project's economic parameters and support the lower-CAPEX custom milling scenario.MONTREAL ,May 20, 2020/CNW Telbec/ - MONARCH GOLD CORPORATION (Read full newsRead More

AdCentralDirect Forecasted to Deliver Average of over $5 Million in Annual Advertising Sales from MediaCentral's Digital Readership Alone New proprietary tech-driven agency solution will connect brands to influential consumers opening new revenue channel for MediaCentral $5 million+ in forecasted average annual digital ad sales between 2020 and 2021, with forecasted costs to achieve these sales...Read More

Toronto, Ontario--(Newsfile Corp. - May 21, 2020) - FenixOro Gold Corp. (CSE: FENX) (formerly, American Battery Metals Corp.) ("FenixOro" or the "Company" or "we" or "us" or "our") is pleased to announce that we have been approved for listing on theRead full newsRead More

Adamera Minerals reports the company is preparing for a June 1stRead full newsRead More

QMX Gold Corporation is pleased to release assay results from theRead full newsRead More

FenixOro Gold Corp. (CSE:FENX) (formerly, American Battery Metals Corp.) has been approved for listing on the Canadian Securities Exchange following the closing of our acquisition, through amalgamation with our wholly-owned subsidiary, of Fenix Gold Inc.Read full newsRead More

"Great Bear Announces C$20.0 Million Bought Deal Private Placement of Flow-Through Common Shares https://t.co/Uv7AlpzUlk @GreatBearGBR #Gold $GBR $GTBDF"Read full newsRead More