Pebble project in Alaska. Image courtesy of Northen Dynasty Minerals Ltd. Northern Dynasty Minerals (TSX: NDM) has taken further steps in the Pebble project planning by announcing a low-cost energy sharing program in the Bristol Bay region of Alaska.On Thursday, the company's US-based subsidiary Pebble Partnership sent a request for proposal (RFP) process to advance planning for its plans to shar...Read More

Stornoway's Renard diamond mine, in north-central Quebec. (Image courtesy of Stornoway Diamond.) Stornoway Diamond announced Thursday that Patrick Godin and Annie Torkia Lagac?(C) will be stepping down from their respective positions as president and CEO and EVP, finance and corporate services, effective Friday June 26.Godin will be succeeded by Patrick S?(C)vigny, who joined Stornoway in 2015 a...Read More

No one knows what America is going to look like a year from now. Between the pandemic, the ongoing social unrest, the coming election, and the never-ending game of geopolitics, there's no telling what the climate in this country will be in 365 days. And while all of those aspects play important roles, it's perhaps the pandemic that will have the longest-lasting effect on life in the United State...Read More

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:Barrick to begin layoffs in Papua New Guinea as lease dispute deepens - Read the story here.Chinese steel giant eyes Simandou - Read the story here. Three dead after attack on coltan mine in Congo - Read the story here. Tanzanian mi...Read More

Donlin Gold camp site, Alaska. Image: Novagold Novagold (TSX: NG) and its joint venture partner Barrick Gold (NYSE: GOLD, TSX: ABX) have reopened the Donlin camp in Alaska following a two-month due to the covid-19 pandemic.Four drill rigs have been remobilized at the project, Novagold says. The company anticipates that most of the planned program, aimed at confirming recent geologic modeling conc...Read More

Here are five Fastmarkets stories you might have missed on Thursday June 25 that are worth another look.Striking workers have put all industrial action at Tata Steel IJmuiden on hold until Friday June 26 to negotiate with management, Dutch trade union FNV Metaal said this week.Demand for copper in Europe is weak and economies are struggling to restart after coronavirus-related lockdowns, forcing c...Read More

The three-month price of lead on the London Metal Exchange continued its upward trajectory at the close of trading on Thursday June 25, closing more than 1% higher and topping gains across the base-metals complex.But a steady uptick in copper futures over the afternoon was not enough to breach nearby resistance.Lead's outright price on the LME closed at $1,786 per tonne on Thursday afternoon, near...Read More

Key information from the pricing session for Fastmarkets' alumina index, fob Australia on Thursday June 25. Key drivers: The most recent deal concluded on a fob Gladstone, Australia, basis at $261 per tonne for 30,000 tonnes with loading in the second half of July.  A power outage at Hydro's Paragomias bauxite mine means production output at the Alunorte alumina refinery has been reduced to...Read More

Here are five Fastmarkets stories you might have missed on Thursday June 25 that are worth another look.Striking workers have put all industrial action at Tata Steel IJmuiden on hold until Friday June 26 to negotiate with management, Dutch trade union FNV Metaal said this week.Demand for copper in Europe is weak and economies are struggling to restart after coronavirus-related lockdowns, forcing c...Read More

The funds are being raised via a placement and share purchase plan at A72c per share, a 12.2% discount to the last closing price.Read More

Key information from the pricing session for Fastmarkets' alumina index, fob Australia on Thursday June 25. Key drivers: The most recent deal concluded on a fob Gladstone, Australia, basis at $261 per tonne for 30,000 tonnes with loading in the second half of July.  A power outage at Hydro's Paragomias bauxite mine means production output at the Alunorte alumina refinery has been reduced to...Read More

The company issued US$451 million and A$70 million of fixed rate senior secured notes.Initially launched as a US$250 million issue to refinance bonds maturing in October 2020, the transaction achieved a final order book of $1.3 billion, representing an oversubscription of more than five times.The strong investor demand resulted in a tightening of margins and allowed the transaction to be upsized."...Read More

Vancouver, BC- Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that is has finalized plans for a 7,500 metre summer drill program at it's Hughes Property in Central Nevada. The program will be surface based and consist of both reverse circulation (RC) and core drilling in approximately 15 holes beginning in early July.The Company's historica...Read More

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry, announces amendments to the terms of its outstanding Convertible Debentures and Warrants and announces a new Convertible Debenture Financing.Amendments to Outstanding Debentures and WarrantsThe Company has received Debenture and Warrant Holder...Read More

Soar Financial Group's Oreninc Index, which tracks financings of C$100 million and below by companies with market caps of up to $1.Read More

By: Ira EpsteinSilver was a miserable failure trying to join the party. Gold as lots of resistance here but it does not mean that it will not break to the upside:Read More

Turkish steel producers returned to the deep-sea scrap market on Thursday June 25, attracted by lower prices, sources told Fastmarkets.A steel mill in the Osmaniye region booked a 27,500-tonne US cargo, comprising HMS 1&2 (80:20) at $261 per tonne, shredded at $266 per tonne and bonus scrap at $271 per tonne cfr. The cargo's composition was not clear at the time of publication.The previo...Read More

Prices for deep-sea origin steel scrap imported to Bangladesh fell over the past week after a new sale from the United States closed at lower numbers, market sources told Fastmarkets on Thursday June 25. A Bangladeshi mill purchased a bulk cargo from the US Pacific Northwest region comprising 13,000 tonnes of HMS 1&2 (80:20) at $275 per tonne cfr and 24,000 tonnes of shredded at $280 per tonne cfr...Read More

Broader markets were generally weaker this morning, Thursday June 25, with those equity markets that were open in the Asian-Pacific region mainly weaker by between 1% and 2%.Pre-market major western equity index futures were down this morning, following Wednesday's weakness. Gold prices hold up in high ground around $1,760 per oz.International Monetary Fund (IMF) cuts world growth forecast again,...Read More

Australian lithium miner Orocobre expects to sell a total of 1,600 tonnes of lithium carbonate from its flagship Olaroz mine during the June quarter, down around 36% from the prior quarter and 53% lower than a year ago, it said on Thursday June 25.It said that the average realized price for sales is also expected to decline sharply to $4,015 per tonne on a fob Australia basis in the three months t...Read More