China's domestic hot-rolled coil prices were largely stable on Wednesday April 29 on futures gains, while trading houses have been importing from India amid lower offers.DomesticEastern China (Shanghai): 3,270-3,280 yuan ($462-463) per tonne, narrowing upward by 10 yuan per tonneNorthern China (Tangshan): 3,240 yuan per tonne, unchangedPrices nationwide were largely stable on Wednesday, with selle...Read More
London Metal Exchange three-month prices traded sideways for the second consecutive day on Wednesday April 29, with LME futures finding their footing at relatively low levels amid month-end book squaring and Asian countries preparing to come out of the market for a series of public holidays starting tomorrow."This morning Asian equities markets are quiet and winding down before public holidays in...Read More
Metals prices generally seem to be consolidating this morning, Wednesday April 29, and for the most part look well placed to extend gains, but whether underlying confidence is strong enough in these uncertain times remains to be seen. Asian-Pacific and pre-market major western equity indices are all positive, as are oil prices that are up around 3%.Market participants likely to focus on US gross d...Read More
Vale (NYSE: VALE), the world's top producer of nickel and iron ore, has received non-binding offers for its operations on the Pacific island of New Caledonia, it said on a conference call on Wednesday.The Brazilian mining giant said it expected to have "relevant news" on the topic within a month or two.Vale put its New Caledonia nickel assets on the block in December. The decision came after it ha...Read More
Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to disrupted mining activities across the globe.Thirty-two countries have passed partial or complete lockdown orders, leading to the temporary suspension of activities at over 1,600 mines as of April 3, though that number has since dropped down to 729 as restrictions begin to ease in certain areas, analysts at...Read More
Nicaragua-focused Condor Gold (TSX: COG; LSE: CNR) has been granted an environmental permit for the development and exploitation of the Mestiza gold asset, a complementary open pit to the company's flagship La India gold project, in the country's west.The high-grade Mestiza deposit hosts more than 100,000 contained oz. gold resources and is one of the two satellite pits of the fully permitted La I...Read More
In its first drill program at its wholly-owned Raney gold project, 110 km southwest of Timmins, Ont., Rockridge Resources (TSXV: ROCK; US-OTC: RRRLF) cut 6 metres of 28 grams gold per tonne at 95 metres vertical depth, the project's best hole ever.Raney was last explored about 10 years ago, with a best intercept of 8 metres of 6.5 grams gold. The project's new best intercept, in hole 20-06, repres...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesHow mining companies can reduce equipment purchasing cost and improve qualitySPONSOREDtechnical auditMovie makers love a good sequel. I am not a great watcher of movies, popping to the...Read More
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"Scotia had a global call with all its metals staff and said it was shutting down its metals business. The plan is to unwind the metals business.Read full newsRead More
Indonesia's Coordinating Ministry for Maritime Affairs and Investment has rejected a proposal by nickel miners to allow the export of nickel ore again, the ministry's spokesman, Jodi Mahardi, told Reuters on Wednesday.Read full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Apr 28, 2020 (TheNewswire.ca via COMTEX) --(via TheNewswire) Vancouver, British Columbia - TheNewswire - April 28th, 2020 - Candente Gold Corp. (TSXV:CDG)...Read full newsRead More
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Gilead Sciences Inc. undefined on Wednesday morning announced data from two clinical trials testing its experimental drug remdesivir in severely ill COVID-19...Read full newsRead More
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Rio Silver is relying on the provisions of BC Instrument 51-515, and equivalent instruments in Alberta, with respect to the filing of its annual financial statements for the fiscal year ended December 31, 2019.Read full newsRead More
Great Bear Resources has obtained a final order from the Supreme Court of British Columbia dated April 28, 2020 to implement the Company's previously announced plan of arrangement.Read full newsRead More
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