Rothsay automation layout. Credit: RCT Redpath Australia has selected RCT, a company specializing in autonomous solutions, as its technology partner at Silver Lake Resources' development-stage Rothsay underground gold project.RCT will install its ControlMaster guidance automation technology, which features the company's latest Auto Dump feature, onto three Sandvik LH203 underground loaders...Read More

Rio Tinto has completed a 10-hole bulk sample at Star Diamonds' Star-Orion South project in Saskatchewan using a Bauer trench butter rig. Credit: Rio Tinto Star Diamond has begun to receive results from Rio Tinto's bulk-sampling program at the Star-Orion South project in central Saskatchewan.Rio has so far processed material from four of the 10 trenches excavated from the Star kimberlite at the...Read More

Goldlund Project (Credit: First Mining Gold). Treasury Metals and First Mining Gold reported high-grade intercepts from drilling at the Goldlund project in northwestern Ontario, completed to define the mineralization in the eastern portion of the existing resource.In June, Treasury announced that it was acquiring the Goldlund project from First Mining - the transaction is expected to close by...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 4 that are worth another look.The United States Midwest aluminium premium hit a nearly four-month high on August 4, with the market widely assuming further increases due to expectations that Canada will again face US tariffs - a factor that has continued to boost offers and tighten discounting. Price fluctuations i...Read More

The three-month price of nickel on the London Metal Exchange was the base metals complex's standout performer on Tuesday August 4, closing above the psychological level of $14,100 per tonne for the first time since January in a 1.2% rally from the previous day's close.Nickel's LME three-month price spanned a wide $270 per tonne intra-day range, hitting a high of $14,135 per tonne before closing at...Read More

Spot supply of blister copper improved to boost the intermediate copper product's refining charges (RC) in July, mainly due to arrival of delayed African cargoes at Chinese ports, Fastmarkets heard.Fastmarkets assessed 98-99% blister copper RC, spot, cif China at $135-155 per tonne for July, up 20% from $110-132 per tonne one month earlier. A few parcels were even reported being bought close to $1...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 4, 2020 The main theme for gold and silver investors right now is what I call the “SHO” theme; space helmets on! Simply put, as I predicted several years ago, gold (and silver) are becoming accepted as a major asset class for wealth building.Institutional money managers a...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 4 that are worth another look.The United States Midwest aluminium premium hit a nearly four-month high on August 4, with the market widely assuming further increases due to expectations that Canada will again face US tariffs - a factor that has continued to boost offers and tighten discounting. Price fluctuations i...Read More

Output of mined copper from Chile fell by 0.7% during June 2020, compared with the corresponding month in 2019, amid renewed Covid-19-related restrictions in the country, data from Chilean copper commission Cochilco showed on Tuesday August 4.Chile produced 466,500 tonnes in copper content in the month, down from 469,900 tonnes a year before, according to Cochilco. This was the first monthly year-...Read More

Spot supply of blister copper improved to boost the intermediate copper product's refining charges (RC) in July, mainly due to arrival of delayed African cargoes at Chinese ports, Fastmarkets heard.Fastmarkets assessed 98-99% blister copper RC, spot, cif China at $135-155 per tonne for July, up 20% from $110-132 per tonne one month earlier. A few parcels were even reported being bought close to $1...Read More

Castillo, which is already listed on the ASX and is seeking to capitalise on growing demand for copper, is looking to progress exploration projects in Australia and Zambia.Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Numerous ore and alloy markets enjoyed upward pricing momentum in the first half 2020, with supply-side constraints supporting prices despite collapsing demand from steelmakers and other key end users. While supply side issues related to Covid-19 lockdowns have been resolved,...Read More

Equipment, parts and service revenue was down a hefty 30%, year-on-year, in the June quarter, to DKK3,846 million (US$608 million), while orders slumped 32% yoy to DKK3,348 million (US$529 million) and EBITA fell 73% yoy to DKK131 million (US$20.7 million).While the company said it dedicated "a lot of attention [during the quarter] to assessing and managing the pandemic's impact on our business &h...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) is pleased to announce that it has completed the second and final tranche of the previously announced non-brokered private placement of Units (defined below). The Company closed on the sale of an additional 7,065,800 units of the Company (the "Units") at a price of $0.10 per Unit for aggregate gross proceeds of $706,580 (...Read More

Benchmark prices for cobalt metal lurched higher in the first few trading days of August as a recovery in the Chinese market trickled through to encourage increased buying - and higher prices - in the rest of the world. Fastmarkets assessed the prices for cobalt standard grade, in-whs Rotterdam and cobalt alloy-grade, in-whs Rotterdam at parity at $14.25-14.70 per lb on Tuesday August 4, up f...Read More

Week 29 (24/07/2020-30/07/2020) Company news  Americas  Iamgold announces it has restarted its Rosebel gold mine in Suriname, which had been suspended mid-June due to a work stoppage, afterRead More

Here are five Fastmarkets stories you might have missed on Tuesday August 4 that are worth another look.The United States Midwest aluminium premium hit a nearly four-month high on August 4, with the market widely assuming further increases due to expectations that Canada will again face US tariffs - a factor that has continued to boost offers and tighten discounting. Price fluctuations i...Read More

Mexican ferrous scrap prices showed little movement in the week ended Friday July 31, with downward pressure in the steel value chain starting to ease in the country.With the exception of one mill in the country's central Baj?-o region, no major scrap price changes were announced in the Mexican market during the week. This mill lowered prices for most grades by 100 pesos per tonne.Fastmarkets...Read More

The Turkish steel mills have broken their silence in the market and have resumed their deep-sea purchases after the Eid al-Adha religious holiday in the country, sources said on Tuesday August 4.A steel mill in the Marmara region booked a European cargo, comprising 10,000 tonnes of HMS 1&2 (75:25), 20,000 tonnes of shredded and 10,000 tonnes of a mixture of HMS 1 and new cuttings at an average...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.The price for steel scrap in China has risen recently, amid high mill operating rates and at a time of heavy rain, but it remains at a premium to hot metal, we estimate. Heavy rains in China tend to increase the moisture content of iron ore stockpiles, which can cause issues during the sintering process, and this may have en...Read More