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 cobalt alloy grade,...Read More
Key data from the Wednesday June 24 pricing session in Shanghai.Key drivers Cobalt metal price in China falls amid persistently weak spot demand, while sentiment was dented following sharp falls in local futures prices so far...Read More
Broader markets were consolidating this morning, Wednesday June 24, underpinned by better economic data, but conversely held back by concerns about how the spread of the Covid-19 is accelerating in some regions; the spread in some mining countries is now a potential threat to supply.Tuesday's flash June purchasing managers' index (PMI) data shows the global economy is recovering at a better rate t...Read More
Pure Gold Mining's (TSXV: PGM; LSE: PUR) Red Lake mine is expected to pour first gold in the fourth quarter of this year as development progresses ahead of schedule.The company has purchased 95% of the major equipment items for the site and completed 1,285 metres of underground development at an advance rate that is 60% ahead of the mine plan.Pure Gold is focusing on the construction of the main r...Read More
The Northern Miner has compiled a list of the top-10, Canadian headquartered base metal and uranium juniors - with no production and which are not a royalty or streaming company. The ranking is based on market capitalization as of late-June.1. Ivanhoe MinesUS$4.5 billion market capitalizationWorkers at Ivanhoe Mines' Kamoa-Kakula copper project, 25 km west of Kolwezi in the Democratic Republic of...Read More
Alexco Resource (TSX: AXU; NYSE-AM: AXU) has received a draft water licence from the Yukon Water Board for its Keno Hill silver operation, and is moving forward with plans to produce its first concentrate before the end of the year.While the draft amended and renewed water licence does not include the Lucky Queen and Onek deposits, it does include three of four deposits in the mine plan for the p...Read More
Mining the seafloor opens a vast source of key metals needed for clean energy, but should not start until a full evaluation of likely environmental impacts can be made, a report commissioned by the High Level Panel for a Sustainable Ocean Economy (Ocean Panel) says.The group of academics and environmentalists believe an international moratorium on deep-sea mining is urgently needed. Otherwise, the...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) has started exploration at Forum Energy Metals' (TSXV: FMC) Janice Lake sedimentary copper-silver project in northern Saskatchewan.The major is earning up to an 80% interest in the project from Forum Energy Metals, which has optioned the property from Transition Metals.Crews have begun construction of the 50 person camp on the property at Burbidge Lake.Structural, g...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesI turned 55 the other day. Under normal circumstances sufficient cause for a knees up, but in this instance the day came and went without an...Read More
The message is clear: It's every nation for themselves...Read full newsRead More
June 23, 2020 - WASHINGTON - The American Biogas Council (ABC) praised the release of the long awaited infrastructure package by the U.S. House of Representatives entitled, The Moving Forward Act (H.R.2). The $1.5 trillion proposal to rebuild U.S. communities with infrastructure and innovation i ...Read full newsRead More
Potential acquisition targets bring opportunities for producers.Read full newsRead More
Pancontinental Resources Corporation announces that it has reacheRead full newsRead More
Great Bear Resources Ltd. is pleased to announce the addition ofRead full newsRead More
Northstar Gold Corp. announces that Phase I diamond drilling resuRead full newsRead More
Renforth Resources Inc. is pleased to announce that the TechnicalRead full newsRead More
Canada's geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects.Read full newsRead More
On Thursday, the Canadian stock market reversed initial losses to turn positive for the day — after losing 1.7% on Wednesday. Yesterday’s losses were primarily driven by the rising number of coronavirus cases in many U.S. states.Nonetheless, after opening on a slightly negative note, the S&P/TSX Composite Index was up by 0.5% this afternoon despite worse-than-expected U.S. unemploy...Read More
The stock market rebound since the March crash already wiped out many of the great 2020 deals. Despite the strong recovery, some stocks still remain cheap and could deliver massive gains for contrarian investors as the global economy recovers in 2021.Commodities playTech and biotech stocks are at new all-time highs. Commodity stocks, however, continue trade at discounted prices due to weak market...Read More
Secondary break trial at Cadia using MacLean's Auto Explosive Loader enabled with Orica's WebGen wireless technology Credit: Newcrest Newcrest Mining's Cadia Valley underground mine in New South Wales, Australia, has successfully tested new technology from MacLean Engineering and Orica in a 30-day trial. The site used remote drilling, loading and wireless blasting to remove the workers from...Read More