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 standard grade, in-whs Rotterdam...Read More
Key data from Fastmarkets' July 15 pricing session in Europe.Key drivers The global cadmium market is still paralyzed, with demand from India - the main buyer worldwide - at minimal levels since the pandemic started. Some sources expect renewed activity by early August, they told Fastmarkets. But with several Indian states reimposing partial lockdowns while coronavirus cases in the country near on...Read More
Key data from the July 15 pricing session in London and Shanghai. Key drivers:Cobalt hydroxide payables moved up in the first half of this week with buyers still holding out from making offers in light of tight spot availability and softening standard-grade benchmark metal prices, against...Read More
U.S. firms have been atop the industry pursuing precious metals across the globe. The Northern Miner presents its top-10 list of U.S.-based, mid-tier and junior precious metals companies by market cap as of mid-July.1. Coeur MiningMarket cap: US$1.44 billionSurveyors at Coeur Mining's Rochester gold-silver mine in Nevada. Credit: Coeur Mining.Coeur Mining (NYSE: CDE) is a U.S.-based producer of pr...Read More
Corvus Gold (TSX: KOR; US-OTC: CORVF) has announced a discovery at its Lynnda Strip target, 2.5 km north-northeast of its Mother Lode deposit in Nevada's Greater Bullfrog gold district.The company released assay results for hole CH20-011, which returned 197 metres of 0.44 gram gold per tonne, starting at 264 metres, and includes higher-grade intervals, such as 5 metres of 1.44 grams gold and 44 me...Read More
OceanaGold's (TSX: OGC) Waihi District preliminary economic assessment (PEA) envisions an additional 2.2 million oz. of gold output from the Waihi district between 2021 and 2036.The additional ounces would be sourced from the Marth and Gladstone open pits, as well as from the underground portions of the Martha and Wharekirauponga (WKP) deposits.Based on a growth capital estimate of US$447 million...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) announced that it will reduce power supply to townships near the Porgera gold mine to save costs.The company said in a statement from mine operator Barrick (Niugini) Ltd that "due to necessary cost reductions" electricity the mine provides free to nearby communities would only be supplied for 12 hours a day starting on July 17.In May, Barrick cut its original 20...Read More
Covid-19 has impacted the mining industry across the globe as lockdowns and travel restrictions have forced companies to halt or scale down operations and suspend work on projects, while reopening plans have been disrupted by fresh outbreaks.S&P Global Market Intelligence in a new report measures the impact of mine closures and project delays, showing Latin America is the hardest hit in terms of t...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesIronRidge shows its mettleSPONSOREDironridge resources On June 30, Kasbah directors announced they had asked the Australian Securities Exchange to delist the company's...Read More
Texas Governor Greg Abbott crossed the wires and saidRead full newsRead More
RIYADH: Oil markets still have not existed from the 'Corona tunnel' and the OPEC+ production cut deal may extend to the end of 2022, Saudi Energy Minister Prince Abdulaziz Bin Salman said in an interview with Alarabiya. He said that a monthly meeting by the Joint Ministerial Monitoring Committee (JMMC) will be held every month until the oil market sees a full recovery from the pandemic.Read full n...Read More
Iranian security forces fired tear gas on Thursday to disperse demonstrators gathered in the southwestern city of Behbahan, witnesses told Reuters, and there was a heavy presence of forces in other cities.Videos posted on social media from inside Iran showed protesters chanting,Read full newsRead More
With gold prices at or near record highs investors love gold juniors, especially those that can rapidly discover gold, grow ...Read full newsRead More
PORTOFINO RESOURCES INC. is pleased to announce it has commencedRead full newsRead More
Getchell Gold Corp. a leading Nevada focused Gold and Copper explRead full newsRead More
Granada Gold Mine is pleased to report that it has retained the sRead full newsRead More
Silver investment demand is exploding in recent months, skyrocketing higher in wildly-unprecedented fashion! That has catapulted silver sharply higher since mid-March's COVID-19-lockdown stock panic. Accelerating even in this usually-weak summer season, the massive capital inflows deluging into silver show no signs of abating. This is very bullish for silver, yet most traders remain unaware it is...Read More
We are in a period of high inflation. Even though the CPI states that inflation is low, the truth remains that we are suffering from this dilemma. If you know where to look, there are a few benchmarks that demonstrate that there is more inflation than the official index seems to indicate.Think of it this way. You are standing in an elevator without any windows with a few friends. The elevator is o...Read More
Ready or not, a market crash is coming. It’s always coming, though. Nobody knows when it’ll hit, how bad it’ll be, or what the recovery will look like. But those who try to time it, predict its severity, or the “shape” of the ensuing recovery could find themselves being completely wrong and will be left behind should this unpredictable market zig as they zag.The best...Read More
The 2020 iX3. Image: BMWGerman luxury vehicle maker BMW this week signed a $2.3 billion long-term deal with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete with Tesla in the burgeoning electric vehicle market. Managem owns Bou-Azzer, the only primary cobalt mine in the world and in operation since 1930.Tesla's gigafactories and battery technology...Read More