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British Steel pauses production at special steel mill for second time

June 04, 2020 / www.metalbulletin.com

British Steel will suspend production at its Skinningrove site for three weeks from June 13, the company said on Tuesday June 2. The company said trading conditions remain challenging, including for products manufactured at the special profiles business in Skinningrove and they have now taken the...Read More

TITANIUM SNAPSHOT: Alloy, scrap markets drop on softer fundamentals

June 04, 2020 / www.metalbulletin.com

Key data from Fastmarkets' pricing session in Europe on Wednesday June 3. Key drivers  Europe ferro-titanium market drops on slower demand.  Scrap prices also fall, with ample availability seen in near term after some trade sources report a postponement or cancellation in orders that have created extra supply for now.  But market participants expect that increase in scrap supply to...Read More

Perseus Mining to acquire Exore Resources

June 03, 2020 / www.northernminer.com

Perseus Mining (TSX: PRU; ASX: PRU) is acquiring Exore Resources (ASX: ERX) in an all-share deal worth A$58.9 million (US$41million).Exore Resources' flagship Bagoe project is within 50 km of Perseus Mining's Sissingue gold mine in northern Cote d'Ivoire, and the two West Africa-focused companies see important synergies in the transaction."The acquisition of Exore results in Perseus gaining owners...Read More

Probe Metals extends gold zones at Val-d'Or East

June 03, 2020 / www.northernminer.com

Probe Metals (TSX: PRB; US-OTC: PROBF) has released assay results for drill holes completed at its wholly owned Val-d'Or East property, which covers 119 sq. km near Val-d'Or, Quebec.According to the company, drilling has extended the Bussiere West and Southeast zones, which lie along the Courvan gold trend, on strike and at depth.The drill highlights included 14 metres of 6.8 grams gold per tonne...Read More

YMP launches $61.5K scholarship fund, including new lottery scholarship

June 03, 2020 / www.northernminer.com

The Young Mining Professionals (YMP) has announced the 2020 launch of its YMP Scholarship Fund, with a total of $61,500 available for the 2020-21 academic year for students studying mining-related programs in Canada."The idea for the scholarships was not only to support students but also to help our industry address the talent gap," Stephen Stewart, director of YMP Toronto and president and CEO of...Read More

GoldMining reports 1M oz. resource at Almaden in Idaho

June 03, 2020 / www.northernminer.com

GoldMining (TSX: GOLD; US-OTC: GLDLF) has reported a mineral resource estimate for its wholly owned 17.2-sq.-km Almaden project, 140 km north of Boise in Idaho.The pit-constrained estimate includes 43.5 million indicated tonnes grading 0.65 gram gold per tonne for a total of 910,000 contained oz. with a further 9.2 million tonnes inferred at 0.56 gram gold containing 160,000 gold ounces. The resou...Read More

Atlantic Nickel hits milestones at Santa Rita in Brazil

June 03, 2020 / www.northernminer.com

The Santa Rita mine in Brazil - one of the largest open-pit nickel sulphide mines in the world - remains fully operational with limited disruptions to the supply chain, owner and operator Atlantic Nickel reported on June 2.By the end of the first quarter, the mine completed its second and third shipments ahead of schedule, following its first shipment earlier in January.To date, the company has pr...Read More

Belgium expands probe into zinc miner Nyrstar

June 03, 2020 / www.northernminer.com

Belgium's Financial Services and Markets Authority (FSMA) has broadened a probe kicked off in September 2019 into zinc firm Nyrstar NV that is looking into possible ties between the company and Trafigura, the world's number two metals trader.Geneva-based Trafigura took control of Nyrstar in early 2019 as part of a restructuring process that all but wiped out other shareholders. Investors ended up...Read More

Still a place for 'cheap and cheerful' in mining?

June 03, 2020 / www.mining-journal.com

NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMy family and I are regular users of Gumtree, both as buyers and sellers.Read More

Tension With China on the Rise: Gold Stocks to Buy Now to Hedge Downside

June 03, 2020 / dlvr.it

24/7 Wall St. screened the BofA Securities precious metals research universe and found five gold stocks rated Buy that look like solid plays for investors starting to worry about renewed volatility.Read full newsRead More

RT @INN_Australia: .@CometResources Acquires Santa Teresa Gold Project and Stream Financing up to US$20M

June 04, 2020 / bit.ly

Comet Resources Ltd (ASX:CRL) is pleased to announce that it has executed a binding heads of agreement (HOA) with privately owned El Alamo Resources Limited (EARL) for the proposed 100% acquisition (Acquisition) of the Santa Teresa Gold Project (Project), and concurrently executed a non-binding term sheet with Raptor Capital International Limited (Raptor) for a gold streaming and royalty financing...Read More

Welcome to the Investing News Network @FENXGold and @japangoldcorp

June 03, 2020 / bit.ly

We are proud to present several companies which are new to the Investing News Network.Read full newsRead More

$NSG Northstar Intersects 18 g/t #Gold Over 3.89 Metres and Discovers New Zones

June 03, 2020 / bit.ly

Northstar Gold Corp. is pleased to report recently received assayRead full newsRead More

Book excerpt: "How Much of These Hills Is Gold" by C. Pam Zhang

June 03, 2020 / dlvr.it

An acclaimed debut novel of two orphaned children of Chinese immigrants struggling to survive during the Gold Rush days of the American WestRead full newsRead More

Buy These Stocks to Access a $1 Trillion Industry About to Take Off

June 04, 2020 / www.fool.ca

The space industry is yet to become a major mainstream investment theme. However, there are numerous reasons why this is potentially the biggest growth sector imaginable. Space investing belongs in the realm of thematics, which are investment areas covering high concept movements.Other thematics include AI, the Internet of Things, and electric vehicles. As momentum in these other areas has shown,...Read More

MINING.COM MINUTE: Biggest stories of the week

June 05, 2020 / www.mining.com

MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories: Copper price rally builds as China's spending balloons - Read the story here. Bidding war for Guyana Goldfields heats up - Read the story here. Guinea approves SMB-Winning deal for Simandou - Read the story here. Novagold on defen...Read More

YMP launches C$61.5K scholarship fund, including new lottery scholarship

June 04, 2020 / www.mining.com

Iamgold donating $4,000 to the Young Mining Professionals (YMP) Canadian Mining Scholarship in November 2019, from left: Steve Letwin, (former) president and CEO of Iamgold; scholarship award winner Alex Bateman; and Anthony Moreau, business development and innovation manager at Iamgold. Credit: Young Mining Professionals. The Young Mining Professionals (YMP) has announced the 2020 launch of its...Read More

A Revival in Gold: One Stock to Watch

June 01, 2020 / www.outsiderclub.com

Publisher's Note: Our gold recommendations around here are starting to take off in a big way. Some, like these here, have doubled or tripled over the past month.As the gold price continues at seven-year highs, many companies are now being re-rated higher. Especially those with established resources - Tier 2 resources - in safe jurisdictions.Revival Gold is one such company that Gerardo and I have...Read More

British Columbia to extend mineral exploration Notice of Work permits till end of 2021

June 04, 2020 / www.mining.com

Northern British Columbia landscape. (Image by werner22brigitte, Needpix). The Association for Mineral Exploration (AME) announced Thursday that the Government of British Columbia is moving forward on one of AME's key recommendations related to the covid-19 outbreak - the extension of mineral exploration Notice of Work (NoW) permits to December 31, 2021. Any permits with an active authorization...Read More

Gold price back above $1,700 as 2020 ETF inflows surpass any calendar year

June 04, 2020 / www.mining.com

(Image: Generation Grundeinkommen) The gold price jumped by almost $30 an ounce on Thursday clearing the $1,700 an ounce level as retail and institutional investors continue to pile into the metal seen as a safe haven in times of turmoil. Gold for delivery in August was trading at $1,723 an ounce in New York, logging gains in excess of $200 an ounce so far in 2020. Continuing the recent growth st...Read More

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