China's domestic prices for stainless cold-rolled coil increased over the week ended Wednesday December 10, supported by gains in the nickel market and steady end-user demand.The three-month nickel contract on the London Metal Exchange ended the Wednesday official session at $16,519 per tonne, up by $613 per tonne (3.9%) $15,906 per tonne a week earlier. DomesticStainless steel cold-rolled coil 2m...Read More
The supply of copper and brass scrap has shrunk in the United States despite a consistently high base price, keeping copper scrap discounts relatively tight compared with the Comex copper price.On the other hand, the prices of all brass scrap grades assessed by Fastmarkets rose in the week ended Wednesday December 9, continuing to gain strength after hitting more than two-year highs last week.The...Read More
Genesis opens new chapter at UlyssesSPONSOREDgenesis minerals'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningPantoro bullish on bigger production profileSPONSOREDpantoro limitedOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldMining Journal's list of the world's largest mining companies by market capitalisation reveals the value of the top...Read More
Genesis opens new chapter at UlyssesSPONSOREDgenesis minerals'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningPantoro bullish on bigger production profileSPONSOREDpantoro limitedOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldThe fourth World Risk Report by Mining Journal Research and Intelligence measures the jurisdictional risk characteri...Read More
Cobalt watchers can expect demand for the blue metal to double by 2030, says Ying Lu, senior analyst at Roskill. The forecast comes even as this year saw a significant shift in global cobalt markets as both mined and refined cobalt production fell, marking the first decrease in production since 2016."The cobalt market has been dogged by oversupply for three consecutive years," Lu told The Northe...Read More
Although a change in the U.S. government is unlikely to ease tensions between Washington and Beijing, says CPM Group vice-president of research Rohit Savant, incoming president Biden's approach to negotiations with China could impact the status of gold and silver under the current administration."Hostilities between the U.S. and China will remain irrespective of who is in the White House," he to...Read More
Next year, producer Alamos Gold expects the Young-Davidson underground mine in Ontario, where a lower mine expansion was completed in July, to drive a 17% production increase over 2020 levels, to 470,000 to 510,000 gold ounces. The Toronto-based company has released detailed guidance for 2021 and a general production outlook through to 2025.Production at the Young-Davidson mine is expected to incr...Read More
Golden Sky Minerals (TSXV: AUEN) reports assays of six reverse circulation (RC) holes at its 100%-owned Hotspot property. A total of 568.45 metres were drilled at the Sure Bet zone, and all holes returned near surface gold-bearing intervals.The longest hole, HSRC-20-02, returned 71.63 metres of 1.34 grams gold per tonne beginning at 32 metres. It included intersections of 7.72 grams over 6.09 me...Read More
Dewatering has begun at the Wingdam underground placer gold project in the Cariboo Mining District in British Columbia. Owner Omineca Mining and Metals (TSXV: OMM) aims to use a ground freezing technology to recover alluvial gold underneath a creek.The company recently installed a second temporary grout plug to limit water flow from old workings and improve the speed of dewatering.Work has also be...Read More
Canada's Seabridge Gold (TSX: SEA; NYSE: SA) announced it had successfully raised $115.7 million, more than enough to fund the acquisition of Pretivm Resources' (NYSE: PVG) Snowfield property in northwest British Columbia."Proceeds from the financing will pay the entire $100 million upfront cash payment payable in respect of the acquisition of the Snowfield property, the expenses related to the...Read More
Sierra Metals (TSX:SMT; BVL:SMT; NYSE American:SMTS) has announced the results of the preliminary economic assessment (PEA) for expansion of its Cusi underground silver-lead mine in Mexico's Chihuahua state.At 1,200 tonnes per day, Cusi is Sierra's smallest operation. The PEA studies a doubling of capacity to 2,400 t/d. The incremental expansion carries a net after-tax cash flow of US$132 million....Read More
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president of Toronto-based Stormcrow Capital spoke to The Northern Miner about what he thinks the new year will hold for this part of the mining industry.The Northern Miner: What do you think the critical materials markets are generally going to be like...Read More
Environmental, Social and Governance (ESG) is now a key part of investment decisions in the private capital markets, sustainability consulting firm ERM concluded in a recent report.ERM surveyed 54 private equity investment professionals from around the world about how ESG impacts their decision making when choosing companies in which to invest.The results of the poll underscore the important and g...Read More
With the ECB expected to expand its ?,?1.35tn emergency asset purchase program by (at least) another ?,?500bn, investors are increasingly relaxed about holding peripheral bonds despite the explosion in debt levels driven by the pandemicRead full newsRead More
Erdene Resource Development Corp. is pleased to announce the acquRead full newsRead More
Bravada Gold Corporation announces that drilling is underway at tRead full newsRead More
Precipitate Gold Corp. wishes to confirm that it is not aware ofRead full newsRead More
Japan Gold Corp. is pleased to provide a progress report on the BRead full newsRead More
K9 Gold Corp. is pleased to announce approval has been granted byRead full newsRead More
Vancouver, British Columbia TheNewswire - December 10 2020 - CachRead full newsRead More