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

August 11, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into...Read More

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

August 11, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed the price...Read More

Tantalum concentrate price softens further on slow Chinese buying

August 11, 2020 / www.metalbulletin.com

The price of tantalum concentrate softened again last week with Chinese buying appetite continuing to slow down.Fastmarkets assessed the price for tantalite, basis 25% min Ta2O5, cif China, at $61-63 per lb on Friday August 7, down by 3.9% from the previous week's assessment at $64-65 per lb."Consumers are not placing any new orders and have stopped buying material for now, but the supply is there...Read More

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

August 11, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam, trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies.Fastmarkets assessed the price of cobalt standard grade, in-whs Rotterdam, at $14.65-15.20 per lb on Friday August 7, 20...Read More

CHINA BISMUTH SNAPSHOT: Suppliers secure higher prices, hold back from large sales on bullish sentiment

August 11, 2020 / www.metalbulletin.com

Key data from the pricing session in Shanghai on Friday August 7. Key drivers  Deals continue to be concluded at higher levels week on week but trading volume per deal reduced because sellers were holding back from selling large quantities amid...Read More

FOCUS: Market hopeful China's 'dual circulation' policy will bolster domestic steel demand

August 11, 2020 / www.metalbulletin.com

Steel market participants anticipate China's "dual circulation" policy will to boost steel demand for the remainder of 2020, with the more self-reliant economic model aiming to offset slowdowns caused by the Covid-19 pandemic and US-China political tensions. Chinese President Xi Jinping announced in late July that China will focus on a "dual circulation" development model, which ensures a more sel...Read More

Unigold drills high-grade intercept at Nieta in Dominican Republic

August 10, 2020 / www.northernminer.com

The longest and highest-grade intercept drilled so far at Ungiold's (TSXV: UGD) Nieta concession in the Dominican Republic "suggests that sulphide mineralization may have a steeper plunge to the northeast than originally interpreted, but, most importantly, it suggests that the system is strengthening to depth," CEO Joe Hamilton says.Drill hole 20-147 returned 30 metres averaging 9.02 grams gold pe...Read More

Osisko hits more high grades at Windfall

August 10, 2020 / www.northernminer.com

Osisko Mining (TSX: OSK) has released high-grade drill results from the Lynx and Triple Lynx zones at its Windfall gold project, 700 km northwest of Montreal.Drill highlights from the 20 drill holes and 12 wedge holes include 28 metres of 202 grams gold per tonne (9 metres estimated true width); 3 metres of 171 grams gold per tonne; 2 metres of 173 grams gold per tonne; and 2 metres of 52.7 grams...Read More

Premier to buy Getchell gold project in Nevada

August 10, 2020 / www.northernminer.com

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has entered into a definitive purchase agreement with Waterton Global Resource Management to acquire a 100% interest in the Getchell gold project, which lies within the Getchell gold belt near Winnemucca, Nevada.To acquire the past-producing asset, Premier will need to make a US$23-million cash payment to the vendor on closing and issue 13.8 million comm...Read More

US to reimpose 10% tariff on Canadian aluminium

August 11, 2020 / www.northernminer.com

The U.S. government will reimpose a 10% tariff on some aluminium imports from Canada as of Aug. 16, U.S. President Donald Trump announced during a campaign event at a Whirlpool plant in Clyde, Ohio, on August 6.In response to the U.S. president's announcement, the Canadian government has said that it will impose a $3.6 billion (US$2.7 billion) tariff on U.S. aluminium products starting from Sept...Read More

BHP to pay $840M to end coal energy dependence in Chile

August 10, 2020 / www.northernminer.com

BHP's (LSE: BHP; NYSE: BHP) Escondida and Spence copper mines in northern Chile are poised to pay a total of US$840 million for an early end to a 2008 energy contract with a coal-fired thermoelectric plant.The move follows a series of recent steps BHP has been taking to become an environmentally friendly miner, including carbon capture and storage and other innovations such as direct air capture.L...Read More

The never-ending iron ore boom

August 10, 2020 / www.mining-journal.com

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Element 25's Butcherbird on songSPONSOREDelement 25Lithium no quiet place for AVZSPONSOREDavz mineralsThat might sound like a tricky concept to grasp but what it comes down to is that value of the shares one man owns in Fortescue curr...Read More

Alrosa digs up Russia's largest coloured diamond

August 10, 2020 / www.northernminer.com

Alrosa, the world's top diamond miner by output, has found a 236-carat rough diamond of deep amber colour at one of its mines in Russia's northeastern region of Yakutia.The precious stone, thought to be between 120 and 230 million years old, is the largest coloured diamond ever mined in Russia, the company said.The diamond, described as having a "natural and intense yellow-brown colour," was found...Read More

Kerr Mines Announces Closing of $5 Million Bought Deal Financing

August 10, 2020 / bit.ly

Kerr Mines Inc. is pleased to announce that it has closed its preRead full newsRead More

Brigadier Signs Definitive Agreement to Option Gold-Silver Picachos Property

August 10, 2020 / bit.ly

Brigadier Gold Limited (TSXV:BRG) (FSE: B7LM) is pleased to announce that it has signed a definitive agreement for an option to acquire a 100% interest in the 3,954 hectare Picachos Gold-Silver Property, centered over the historicRead full newsRead More

Victory Resources and Abitibi Royalties Announce Signing of an Option Agreement

August 10, 2020 / bit.ly

Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) (Read full newsRead More

NV Gold Mobilizes to Slumber Gold Project in Nevada to Initiate CSAMT Geophysical Survey

August 10, 2020 / bit.ly

NV Gold Corporation is pleased to announce that a controlled sourRead full newsRead More

Radisson to Acquire the New Alger Project and Partner with Renforth Resources Inc.

August 10, 2020 / bit.ly

Radisson Mining Resources Inc. and Renforth Resources Inc. are plRead full newsRead More

New Pacific Announces Graduation to TSX

August 10, 2020 / bit.ly

New Pacific Metals Corp. is pleased to announce that it has receiRead full newsRead More

Barrick Gold profit rises, beats expectations

August 11, 2020 / dlvr.it

Barrick Gold Corp. profit and revenue rose for the second quarter as it made changes to its operations at mines due to the Covid-19 pandemic,and it said it stayed within its 2020 production guidance range.Read full newsRead More

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