Popular News

PFS drilling to resume soon

May 04, 2021 / www.mining-journal.com

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe convertible debenture will have a five-year term, carry an 8% coupon and will be convertible into stock at a share price of C$10.82.Read More

Chile minister says royalty increase "out of range"

May 04, 2021 / www.mining-journal.com

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman exploration"The tax burden of copper companies in Chile, which today reaches 40.3%, is in line with other relevant mining districts. Something is not right in a bill which seeks to raise that load to 82%.Read More

Trident sees royalty payments jump 55% in first quarter

May 04, 2021 / www.mining-journal.com

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationFirst-quarter royalty payments amounted to US$451,314, the company said in an update on Friday.Read More

Ivanhoe: Kamoa-Kakula to start production 'within a month'

May 04, 2021 / www.mining-journal.com

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationIvanhoe Mines said construction and commissioning of the phase one, 3.8Mtpa Kamoa-Kakula concentrator plant had been accelerated."We now expect to produce our first copper concentrate by the end of May or early June, months ahead of the original schedule," Kamoa Copper CEO Mark Farren said.Huntsman Set to Exp...Read More

Excelsior expects 12-month Gunnison ramp-up

May 03, 2021 / www.mining-journal.com

Huntsman Set to Expand Nickel Sulphide Discovery at CanegrassSPONSOREDhuntsman explorationThe company has been operating the field for about a quarter and has produced 99.999% copper cathodes, but is still learning how to balance fluid flow, pressure, chemistry and other aspects.Read More

LME base metals prices consolidating in high ground

May 04, 2021 / www.metalbulletinresearch.com

With Chinese markets closed, volume traded on the London Metal Exchange has been light this morning, Tuesday May 4, with 2,368 lots traded as of 6.14am. But the base metals were holding up in high ground with gains averaging 0.7%, led by a 1.1% rise in copper to $9,916.50 per tonne.The US Dollar Index, recently at 91.16, was consolidating off last week’s low of 90.42.Base metalsThe rallies in...Read More

TURKEY DOMESTIC STEEL SCRAP: Rising import values push up domestic prices

May 05, 2021 / www.metalbulletin.com

Turkish domestic scrap prices increased over the past week due to the recent upturn in imported scrap values, market sources told Fastmarkets on Tuesday May 4.Turkish steel mills sped up their deep-sea scrap purchases at the end of the last week, with Asian demand for steel products increasing sharply after China confirmed it had cancelled its export tax rebate on some steel products.Fastmarkets'...Read More

IRON ORE DAILY: Liquidity limited despite active bids

May 05, 2021 / www.metalbulletin.com

Liquidity in the seaborne iron ore market remained weak on Tuesday May 4 due to the Labor Day holiday in China (May 1-5) despite several active bids on trading platforms, sources said.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $188.85 per tonne,unchanged62% Fe low-alumina fines, cfr Qingdao: $190.01 per tonne,unchanged58% Fe fines high-grade premium, cfr Qingdao: $161.53 per tonne,unc...Read More

COKING COAL DAILY: Seaborne market largely unchanged despite trading activity

May 05, 2021 / www.metalbulletin.com

Seaborne coking coal prices remained largely flat day on day on Tuesday May 4, despite some limited trading activity. Fastmarkets indicesPremium hard coking coal, fob DBCT: $111.03 per tonne, down $0.10 per tonnePremium hard coking coal, cfr Jingtang: $226.79 per tonne, unchangedHard coking coal, fob DBCT: $103.71 per tonne, unchangedHard coking coal, cfr Jingtang: $204.19 per tonne, unchangedIn t...Read More

Tombador Iron aims to start iron ore lump production by end of Q2

May 05, 2021 / www.metalbulletin.com

Australia-listed Tombador Iron Limited has been granted a mining concession for the Tombador project in Brazil's Bahia state by the country's Ministry of Mines and Energy and expects to begin production in the current quarter.The company, which wholly owns the high-grade iron ore lump project, is awaiting the award of an operating license from the Brazilian state's department of environment before...Read More

Tech Talk for Tuesday May 4th 2021

May 04, 2021 / www.timingthemarket.ca

Solar ETF (TAN) moved below $80.80 extending an intermediate downtrend.Peloton (PTON), a NASDAQ 100 stock moved below $94.00 completing a Head & Shoulders pattern.Applied Materials (AMAT), a NASDAQ 100 stock moved below $128.31 completing a double top pattern.Pembina Pipelines (PPL), a TSX 60 stock moved above $38.33 extending an intermediate uptrend.Bausch Health (BHC), a TSX 60 stock moved b...Read More

CME's lithium contract starts with 5 tonnes traded on first day

May 05, 2021 / www.metalbulletin.com

The CME Group's cash-settled lithium futures contract, which is settled against Fastmarkets' assessment of the spot price for battery-grade lithium hydroxide in China, Japan and South Korea, was traded for the first time on Monday May 3.A total of five tonnes was traded at $14.25 per kg on Monday, the day the contract was launched, for delivery in June 2021, according to the CME.Fastmarkets' lates...Read More

MORNING VIEW: LME base metals prices consolidating in high ground

May 05, 2021 / www.metalbulletin.com

With Chinese markets closed, volume traded on the London Metal Exchange has been light this morning, Tuesday May 4, with 2,368 lots traded as of 6.14am. But the base metals were holding up in high ground with gains averaging 0.7%, led by a 1.1% rise in copper to $9,916.50 per tonne. The US Dollar Index, recently at 91.16, was consolidating off last week's low of 90.42Base metalsThe rallies in the...Read More

Firm fundamentals propel Europe manganese alloys to 4-year highs

May 05, 2021 / www.metalbulletin.com

The European manganese alloy markets climbed strongly over the week to Friday April 30, propelled by strong spot demand from consumers in the steel sector as well inter-merchant trade.Prices for both silico-manganese and high-carbon ferro-manganese hit ?,?1,300 per tonne delivered at the top of their respective price ranges on Friday, a level last seen in each market more than four years ago in ea...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

May 05, 2021 / www.metalbulletin.com

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 20.40-21.15...Read More

U.S. Gold Corp. Announces Plans for 2021 Summer Field Season Program at the CK Gold Project in Southeast Wyoming

May 04, 2021 / www.usgoldcorp.gold

- CK Gold Project Pre-Feasibility Study remains on track for a mid-year release- The program will be designed to assess complete information necessary to work toward a Feasibility Study by the end of 2021 or early 2022- PFS mine planning, metallurgical testing, process design, hydrological, geotechnical, environmental studies and social outreach are ongoingCHEYENNE, Wyo., May 4, 2021 /PRNewswire/...Read More

The Northern Miner Podcast - episode 237: Agnico Eagle pursues steady growth in 'low-risk, high-quality' strategy

May 04, 2021 / www.northernminer.com

This week's episode features Agnico Eagle Mines' Q1 2021 conference call with CEO Sean Boyd, who discusses the company's efforts on ESG and coronavirus vaccinations, as well as the latest exploration targets at Hope Bay and Canadian Malartic. He also expands on the company's strategy to 'optimize existing assets' in jurisdictions with low geopolitical risk.Also, Revival Gold president and CEO Hugh...Read More

CIM 2021: Anglo American CEO Cutifani urges miners to 'create the future' - not be a victim of it

May 04, 2021 / www.northernminer.com

Tasked with talking about the role of mining in society as part of the opening plenary at this year's virtual CIM convention, Anglo American (LSE: AAL) chief executive Mark Cutifani didn't mince words.With a world population of 7.6 billion that's growing toward 9 billion, "the simple fact is that the world cannot survive without mining and our contribution to literally every aspect of modern life,...Read More

Endeavour to fill Randgold void with June LSE listing

May 04, 2021 / bit.ly

Company dubbed 'the new Randgold'Read full newsRead More

Copper tops US$10,000/t but M&A still a dream

May 04, 2021 / bit.ly

Country risk restrains investment despite high pricesRead full newsRead More

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