A summary of China's battery raw materials imports for May 2021.In brief Imports of cobalt intermediates declined from April amid logistical disruptions while buying appetite thinned compared with the first quarter due to falling downstream cobalt salts prices.Imports of cobalt metal slightly decreased on a month-on-month basis but almost doubled year on year, with cargoes booked via short-term co...Read More
The preliminary economic assessment for the Casino copper-gold-molybdenum project is positive, says owner Western Copper and Gold (TSX: WRN; NYSE: WRN). The PEA considered an open pit mine, a 120,000-tonne-per-day concentrator, and a 25,000tonne-per-day gold heap leach facility.The study forecast an after-tax net present value (at an 8% discount rate) of $2.3 billion and an after-tax internal rate...Read More
Nexus Gold (TSXV: NXS; US-OTC: NXXGF) has released the first assays from a recently completed diamond drill program at its 100%-owned Dakouli 2 gold project in central Burkina Faso, about 100 km north of the capital Ouagadougou.Highlights included drillhole DK-21-DD-001, which intersected 23 metres grading 0.95 gram gold per tonne starting from 112 metres, including 15 metres of 1.01 grams gold....Read More
Labrador Gold (TSXV: LAB; US-OTC: NKOSF) has reported the highest gold intercept to date at its Kingsway project in the central Newfoundland gold belt, about 18 km northwest of Gander.Drillhole K-21-17, a 30-metre step out to the northeast, intersected 1.85 metres grading 50.38 grams gold per tonne starting from 71.85 metres, including 0.55 metres of 160.42 grams gold.Drilled on the Big vein, K-...Read More
This week's episode features Ken Hoffman, senior expert for McKinsey's Basic Materials Institute (BMI), in conversation with Mining.com executive editor Frik Els at the Global Mining Symposium. Ken discusses the nickel market in-depth, and how battery makers, particularly in the West, are increasingly concerned about how they can secure a steady, ESG-friendly nickel supply over the coming decade.K...Read More
German carmaker BMW has set up a closed-loop material cycle for production tools made of tungsten, it said.Starting in June, BMW will begin collecting secondary tungsten obtained from old drill and milling bits at its plants in Germany and Austria that will be recycled and used to manufacture new industrial machinery.These BMW plants generate almost nine tonnes per year of scrap from carbide tools...Read More
A new strategic partnership on raw materials has been announced between Canada and the European Union. This follows the June 14 summit in Brussels between Ursula von der Leyen (President of the European Commission) and Canadian Prime Minister Justin Trudeau. The leaders also reaffirmed their ambitious commitments on fighting climate change and protecting the environment.The mining industry in Cana...Read More
Nutrien (TSX: NTR; NYSE: NTR), has decided to increase potash production by 500,000 tonnes this year on the back of newly imposed trade sanctions on Belarus.The boost, which will bring total annual sales volumes to 13.8 million tonnes, comes on top of the half a million tonne output increase the world's biggest fertilizer company announced on June 7.Western economies, including the European Union...Read More
Crag Hemke unravels the greatest trick the gold and silver industry ever pulled - one that has duped millions of traders and investors across the globe. The ...Read full newsRead More
EBITDA to fall 10% say analystsRead full newsRead More
Cobalt price now 50% higher than when Glencore decided to idle MutandaRead full newsRead More
Authorities warn against illegal miningRead full newsRead More
Junior mining company Star Diamond, which is involved in a legal wrangle with Rio Tinto Canada over a Saskatchewan project, says it has received a notice from the bigger company calling a meeting to seek approval of a proposed budget for the Star-Orion South project.According to Star Diamond, Rio Tinto Canada indicates that it has set a budget for June 2021 to March 2022 of C$17.8-million and that...Read More
Gold79 Mines Ltd. is pleased to announce that based on the positiRead full newsRead More
Nevada's Newest and Fastest Growing Gold MinerRead full newsRead More
2.3 billion After-Tax NPV at Base Case metal prices After-Tax IRRRead full newsRead More
Advancing the Copper Gold Thane Property in Quesnel Terrane, North-Central British ColumbiaRead full newsRead More
As the market continues to inch up in June 2021, investors’ fears about a near-term market correction are rising due to several factors, including rising inflation. To minimize downside risks, you can diversify your stock portfolio right now. Here’s a list of five of the best TSX stocks you can buy right now and diversify your portfolio before June ends.Lightspeed POS stockLightspeed P...Read More
The S&P/TSX Composite Index climbed 44 points on June 22. Base metals and the information technology sectors led the way. Canadian stocks suffered a retreat last week but managed to rebound to kick off this week. Fortunately, there are still options for investors who are on the hunt for discounts. Today, I want to look at three dirt-cheap TSX stocks that are worth snatching up today. Let&rsquo...Read More
Earlier this week, President Biden met with Vladimir Putin and recent cyberattacks were one of the main points of discussion.They've been an issue for a while, of course, but they've suddenly taken on a new relevance over the past year as they've begun targeting increasingly sensitive infrastructure and supply lines.The most recent was an attack on JBS, the world's largest meat supplier. The hack...Read More