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Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

August 25, 2021 / www.metalbulletin.com

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs Rotterdam,...Read More

Fortescue best positioned to weather industry disruption - report

August 24, 2021 / www.northernminer.com

Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the mining sector, GlobalData says in a news release.The company, the fourth biggest iron ore producer globally, is the mining company best positioned to take advantage of future disruption in the industry, according to GlobalData analysts.The scores are based...Read More

Higher metal prices to push exploration budgets up in 2022, says S&P Global

August 24, 2021 / www.northernminer.com

S&P Global Market Intelligence's pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference.The increase is not as significant as in previous years, as a projected moderate softening of most metal prices from current levels weigh on the outlook."From 2023 to 2025, we expect budgets to pull b...Read More

The Northern Miner Podcast - episode 253: Mining industry 'fragmented', Canada to play 'increasing part' at Barrick, ft president and CEO Mark Bristow

August 24, 2021 / www.northernminer.com

This week's episode features Barrick Gold's Q2 conference call with president and CEO Mark Bristow, who discusses the undeveloped potential of Nevada, the company dividend, the use of electrical vehicles in mines, the increasing importance of Canada as a mining jurisdiction, and the return to Pascua Lama. He also highlights the company's ESG credentials, new forays into Egypt, and the importance o...Read More

A Rio Tinto-sized opportunity beckons for American Pacific Mining at Madison

August 24, 2021 / www.northernminer.com

Canadian junior American Pacific Mining (CSE: USGD; US-OTC: USGDF) and joint-venture partner Rio Tinto (NYSE: RIO; BHP: RIO; ASX: RIO) are rapidly delineating a new resource estimate for the Madison copper-gold project in Montana, CEO Warwick Smith tells The Northern Miner. This year mark's Rio Tinto's third drill campaign at the project."Recent results have returned incredibly high-grade gold and...Read More

Blair Athol coal mine life extended by 10 years

August 24, 2021 / www.northernminer.com

Australian coal producer TerraCom (ASX: TER) has extended the life of its Blair Athol coal mine in Queensland's Bowen Basin by about 10 years, following a reserves update. As of June 30, 2021, the mine's marketable reserves totaled 19.5 million tonnes, TerraComm said. Based on a sales profile of two million tonnes per year, the company estimates that Blair Athol will run for another decade,...Read More

Rio Tinto, Sumitomo to assess hydrogen plant at Yarwun refinery

August 24, 2021 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and Sumitomo Corp. announced today that they will jointly study the construction of a hydrogen pilot plant at Rio Tinto's Yarwun alumina refinery in Gladstone, Australia. Sumitomo had been carrying out studies already into building a hydrogen plant, but hadn't chosen a location. Rio Tinto, in turn, recently started a feasibility study into replacing na...Read More

Hedge funds' bullishness on oil ebbs away: Kemp #OOTT

August 24, 2021 / reut.rs

Hedge funds sold petroleum for the seventh time in nine weeks, as rising coronavirus infections in the major oil-consuming markets dampened hopes for an early resumption of long-haul passenger aviation.Read full newsRead More

Chinese iron ore miner to invest $164 million in #lithium production

August 24, 2021 / reut.rs

Chinese iron ore miner Hainan Mining Co Ltd said on Monday it would invest 1.065 billion yuan ($164 million) in a plant to make battery-grade lithium hydroxide as it looks to cash in on booming demand in the electric vehicle (EV) sector.Read full newsRead More

RT @AffinorGrowers: Almost time to shine!

August 24, 2021 / www.globenewswire.com

VANCOUVER, British Columbia, Aug.23, 2021(GLOBE NEWSWIRE) -- Affinor Growers Inc. ("Affinor" or the "Company") (CSE: AFI OTCQB: RSSFF) has cancelled...Read full newsRead More

Navarre hits visible gold near historical St Arnaud mine workings

August 25, 2021 / dlvr.it

Navarre Minerals' first diamond drilling at the historical St Arnaud Goldfield in Victoria is off to a rousing start with the intersection of visible gold.Read full newsRead More

A controversial gold mine could come to Fremont County, residents speaking out

August 25, 2021 / dlvr.it

savefremontcounty.org is a new website dedicated to fighting against the possibility of a gold mine being built near Ca??on CityRead full newsRead More

Navarre hits visible gold near historical St Arnaud mine workings

August 24, 2021 / dlvr.it

Navarre Minerals' first diamond drilling at the historical St Arnaud Goldfield in Victoria is off to a rousing start with the intersection of visible gold.Read full newsRead More

.@Laurion_LME $LME.V Channel Sampling on the A-Zone Identifies High Grade Polymetallic Mineralization

August 24, 2021 / bit.ly

Laurion Mineral Exploration Inc. is pleased to announce the resuRead full newsRead More

Gold Stocks and Market Volatility: When Should You Invest?

August 25, 2021 / www.fool.ca

One of the most controversial areas of the market will always be precious metals. We’ve been speculating, hoarding, and selling gold and other metals since we first started extracting them. And whenever there’s the slightest sign of volatility in the market, investors will flock back to gold stocks.You may not see it, but there’s still plenty of volatilityFollowing the pandemic-f...Read More

2 Canadian Stocks Near 52-Week Lows

August 25, 2021 / www.fool.ca

For investors seeking value in an “expensive” stock market, it may well be worth looking for the Canadian stocks that are hovering near their 52-week lows. It is important to remember, however, that underperforming stocks that have sagged are not necessarily undervalued. In fact, many such names on the 52-week low list may actually be cheap for very good reasons. The companies that are...Read More

IN CASE YOU MISSED IT: 5 key stories from August 25

August 26, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday August 25 that are worth another look.The global markets for containerized freight have entered even deeper water in recent weeks, with closures at the key port of Ningbo-Zhoushan in China leading to worsening cargo delays, port congestion and a further...Read More

GLOBAL ZINC & LEAD WRAP: Premiums hit multi-year highs in US, Europe

August 26, 2021 / www.metalbulletin.com

Spot refined zinc ingot premiums have firmed to multi-year highs in the United States and Europe, with smelter hitches and increasingly expensive transportation stretching supply chains further during the summer season in the northern hemisphere.US spot zinc premium rises to a more than four-year high Rotterdam, Antwerp zinc premiums at highest since early 2018China market eyes narrowing negative...Read More

BASE METALS WARRANTS 25/08

August 26, 2021 / www.metalbulletin.com

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday August 25.Please click...Read More

Codelco starts $1.38 bln Salvador mine expansion project Rajo Inca

August 26, 2021 / www.metalbulletin.com

Chilean copper producer Codelco has initiated construction work on Rajo Inca, a $1.38-billion addition to its Salvador mine, which should begin operations in 2022, the state-owned company said on Tuesday August 24.Rajo Inca increases the mine life at Salvador by 47 years, to 2070, with copper capacity to reach 90,000 tonnes per year, from 60,000 tpy currently. Mineral exploration will move from an...Read More

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