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 cobalt...Read More
Canadian regulators have given Endeavour Mining (TSX: EDV) the go-ahead for the acquisition of smaller rival Semafo (TSX: SMF), which would create West Africa's top gold producer.The Minister of Innovation, Science and Industry, said Endeavour, determined there was no need for a national security review of the $1 billion (US$732 million) deal, announced in March this year.Both companies' boards an...Read More
Chile's Codelco, the world's No. 1 copper producer, has closed its Chuquicamata smelter and refinery to prevent a further spread of Covid-19 among its staff, following the death of a third worker this week.The move makes Chuquicamata the first major copper asset to close due to the sharp spike of coronavirus cases in Chile in the last two weeks.The news came on the heels of the country's environme...Read More
GoldMining (TSX: GOLD; US-OTC: GLDLF) has created a wholly owned royalty company - Gold Royalty - with a portfolio of 14 newly created royalties on GoldMining's gold assets in the Americas.The royalties include 2% net smelter return (NSR) royalties on two gold projects, a 1% NSR on 11 assets and a 0.5% NSR on one project. Eleven of the 14 NSRs are on resource and development-stage projects, with a...Read More
MINING.com executive editor Frik Els interviews Jeffrey M. Christian, Managing Partner at CPM Group, at the 2020 Canadian Mining Symposium on Zoom.Read More
Prices for bulk cargoes of steel scrap imported to South Korea fell sharply in the week to Friday June 26 amid a decline in Japanese offer prices, sources told Fastmarkets.High prices for Japanese cargoes had forced Korean mills to procure scrap from Russia and the United States in recent weeks. One mill purchased 32,000 tonnes of HMS 1 scrap from the US West Coast on June 12 for $282 per tonne cf...Read More
Import prices for containerized ferrous scrap in Taiwan softened this week with buyers slowing down their purchases ahead of the Dragon Boat Festival on Thursday and Friday, which reduced the number of working days.Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $245 per tonne on Friday June 26, unchanged f...Read More
Import prices for ferrous scrap in Vietnam trended downward during the week to Friday June 26 despite steady demand among buyers.A transaction involving a bulk cargo of Japanese H2 scrap was heard to have been concluded at $265 per tonne cfr southern Vietnam on Tuesday, but by the end of the week, another 5,000 tonnes of the same grade of steelmaking raw material changed hands at $253 per tonne cf...Read More
Pure Gold, Canada's Next Gold Mine, This YearSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesHowever, a lack of trust in miners in certain jurisdictions means doing things differently.Read More
Oil and gas producers are trying to reopen after a 'devastating' halt, but pessimism about an economic recovery is widespreadRead full newsRead More
BEIRUT, LEBANON (12:30 A.M.) - The Libyan National Army (LNA), led by Field Marshal Khalifa Haftar, has begun the process of securing and protecting theRead full newsRead More
Four of the 11 charges brought against Codelco are serious, potentially leading to fines of up to $15 million.Read full newsRead More
Companies may take until August to get all their employees back at work.Read full newsRead More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
INN spoke this week to Ronald Stoeferle, managing partner at Incrementum and author of theRead full newsRead More
Potential for large-scale mining is attracting explorers.Read full newsRead More
Changes to Japan's Mining Act are bringing in explorers.Read full newsRead More
Margaux Resources Ltd. is pleased to announce the appointment ofRead full newsRead More