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Global Copper Snapshot: Companies developing the next generation of copper assets

June 14, 2020 / www.northernminer.com

Copper demand is expected to grow over the coming years, as the world continues the transition to electric-powered vehicles. However, many industry watchers have noticed a scarcity of pre-production copper assets for this expanding market. Below, we provide an overview of seven companies working to advance copper projects around the world. Carube CopperThe contact between Main Ridge's hematite an...Read More

Wheaton to Gain From Mine Expansions & Higher Gold Prices

June 14, 2020 / dlvr.it

Wheaton (WPM) likely to benefit from expansion moves, higher gold prices and strong cash position.Read full newsRead More

Explorer Starts Fieldwork at Gold Project in Historical BC Mining District

June 14, 2020 / dlvr.it

Omineca Mining and Metals aims to culminate its 2020 program with drilling.Read full newsRead More

Gold Rally: Is Barrick Gold (TSX:ABX) Stock Cheap Today?

June 15, 2020 / www.fool.ca

The gold rally hit a speed bump in recent weeks and top gold stocks, including Barrick Gold (TSX:ABX) (NYSE:GOLD), are down significantly from the May highs.Gold price outlookGold trades at US$1,725 per ounce at the time of writing. A month ago the yellow metal was about US$1,750 and the 2020 closing high is just under US$1,770. The precious metal has essentially traded sideways over the past two...Read More

Skeena progresses Eskay Creek to pre-feasibility

June 15, 2020 / www.mining.com

Eskay Creek gold project Credit: Skeena Resources. Skeena Resources has started a preliminary feasibility study (PFS) for the Eskay Creek gold-silver project within the province's Golden Triangle area in British Columbia."The PFS is the next step in the evolution of Eskay Creek, as we move this high-grade, open-pit project development and through to commercial production," Shane Williams, the co...Read More

Got $1,000? Buy This Colombian Gold Stock Today

June 15, 2020 / www.fool.ca

Gold mining stocks have been on fire since the coronavirus pandemic was announced and the stock market crashed in March 2020. Gold is one of the few assets to perform strongly over that period, as gold is considered the ideal defensive asset.Since the start of 2020, gold has soared by 14% propelling many gold miners higher. One that has lagged its peers is Gran Colombia Gold (TSX:GCM), which has g...Read More

The Rise of Renewables and Demise of Cameco (TSX:CCO)

June 15, 2020 / www.fool.ca

Nuclear energy stocks have been hit hard by the surging unpopularity of nuclear power. The rapid growth of renewable sources of energy and power generation poses a direct threat to the survival of uranium miners. The 2011 Fukushima nuclear disaster triggered a price collapse for uranium and considerable negative sentiment regarding the outlook for nuclear power.The catastrophe, which was the only...Read More

The Golden Cycle Reemerges

June 10, 2020 / www.outsiderclub.com

You know the video promotions we send out? The ones that sell our premium research letters? Of course you do. They always cite the biggest gains possible for whatever sector is being discussed. All publishers do it. But some do it differently than others.Take technology promos, for example. They tell you it'll be like getting into Microsoft when Bill Gates still ran it out of his garage. Or i...Read More

Juniper launches Uinta mapping and data collection tool

June 15, 2020 / www.mining.com

Uinta software uses Credit: Juniper. Juniper Systems, a US-based manufacturer of field computer hardware, has introduced the Uinta mapping and data collection software.Uinta's data collection capabilities include detailed mapping with points, lines, areas, as well as form-based notes for digital recordkeeping. Uinta also allows organizations to customize the software based on their specific data...Read More

Brandt to become exclusive Sokkia dealer in Canada

June 15, 2020 / www.mining.com

Sokkia equipment. Image from Brandt. The Brandt Group has announced that it has reached an agreement to acquire assets of Ontario-based Sokkia Canada from Topcon Positioning.Following this acquisition, which affects the Ontario and Quebec markets, Brandt will become the exclusive dealer of Sokkia survey equipment, accessories and parts for all of Canada."The Sokkia brand has a long, prou...Read More

Brazil navy monitors Stellar Banner sink site

June 15, 2020 / www.mining.com

(Warning: Video contains profanity)Credit: Portogente videosThe Brazilian Navy is monitoring the location of the ore carrier Stella Banner that sunk Friday off the coast of Maranh??o. On Friday morning, salvors sent the $110 million ship to the bottom off the coast, just four years after its construction. The ship ran aground approximately 100km from coast of S??o Lu?-s on February 24, 2020 as i...Read More

Global nickel output to decline 19% y-o-y in 2020 - report

June 15, 2020 / www.mining.com

Tsingshan's nickel pig iron (NPI) plant in Indonesia. Image from Nickel Mines Ltd. In its latest report, Fitch Solutions revised down most of its 2020 mining production as well as metals production and consumption forecasts and said it will keep adjusting estimates in line with the evolution of the situation and of government and company announcements.Prior to the pandemic, Fitch expected nickel...Read More

IN CASE YOU MISSED IT: 5 key stories from June 15

June 16, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday June 15 that are worth another look.Jaguar-Land Rover will cut up to 1,100 employees in the UK, while posting a pre-tax loss amid the coronavirus pandemic, it announced on June 15 in its financial results.Latin American steelmakers were operating at 42% capacity in April after at least seven blast furnaces were halted to balance sup...Read More

Hydro's aluminium extruded, rolled product sales plummet due to Covid-19 restrictions

June 16, 2020 / www.metalbulletin.com

Aluminium producer Hydro has reported a 42% drop in sales from its Extruded Solutions business unit and a 21% drop in rolled product sales for April-May, due to the impact of Covid-19 restrictions.The Norwegian company announced that its sales from its Extruded Solutions business unit were down 42% in April and May of this year, compared with the same months in 2019, due to weaker market demand fo...Read More

This past week in gold

June 16, 2020 / www.321gold.com

Jack ChanPosted Jun 15, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Speculation is at levels of previous tops.Speculation is dropping.Our ratio is on SELL signal.GLD has resistance at 170.$HU...Read More

LIVE FUTURES REPORT 15/06: Off-target Chinese data weighs on LME base metals prices

June 16, 2020 / www.metalbulletin.com

Base metals price on the London Metal Exchange were lower during morning trading on Monday June 15, pressured lower by weaker-than-expected industrial data out of China, while a fresh inflow of 16,175 tonnes was an added headwind for copper futures prices. Weighing on prices across the complex was economic data out of China released this morning , which showed industrial production year on year fo...Read More

IN CASE YOU MISSED IT: 5 key stories from June 15

June 16, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Monday June 15 that are worth another look.Jaguar-Land Rover will cut up to 1,100 employees in the UK, while posting a pre-tax loss amid the coronavirus pandemic, it announced on June 15 in its financial results.Latin American steelmakers were operating at 42% capacity in April after at least seven blast furnaces were halted to balance sup...Read More

Tesoro raises cash for El Zorro drilling

June 15, 2020 / www.mining-journal.com

The fundraising comprises a $3.2 million placement to undisclosed investors and a $2.7 million entitlement offer, with new shares being priced at 6c each. El Zorro gold mineralisation has been classified as intrusive related and representing a "district scale gold system".To date gold mineralisation has been proven over 1.5km of strike.The next drilling campaign is set to comprise 4,000-5,000...Read More

Implats walks from Waterberg earn-in

June 15, 2020 / www.mining-journal.com

Implats said increased economic uncertainty caused by the COVID-19 pandemic had prompted the board to re-evaluate its corporate strategy.The development is unexpected after Implats committed to spent R55 million (US$3.2 million) on exploration and had said the campaign was making "positive progress".Impats said it would continue to fund the programme to completion by August.The company said i...Read More

MANGANESE ORE ANALYTICS: June 15, 2020

June 16, 2020 / www.metalbulletin.com

The latest data for the global manganese ore market for the week ended June 15, 2020.Read More

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