MMG said the accident happened in the Huallpachaca area of the Cotabambas province, which has a series of hairpin bends.Local media reported the bus fell into a deep gorge.The passengers were employees of contracting firms including Manpower, Geotec, MB Renting, AKD Drilling, Lavalin, M&RC, JRM and JP Natlian, MMG said."We express our deepest sorrow and grief and extend our sympathies and supp...Read More

Seaborne iron ore prices decreased on Monday August 30 due to China's potentially stricter steel production cuts by the end of November, sources said.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $156.66 per tonne, down by $0.89 per tonne62% Fe low-alumina fines, cfr Qingdao: $157.19 per tonne, down $0.65 per tonne58% Fe fines high-grade premium, cfr Qingdao: $125.81 per tonne, down $0.69...Read More

Seaborne coking coal prices increased on Monday August 30, largely due to tight supply, sources said. Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $414.55 per tonne, up by $6.04 per tonneHard coking coal, cfr Jingtang: $390.21 per tonne, up by $4.54 per tonnePremium hard coking coal, fob DBCT: $251.25 per tonne,up $2.35 per tonneHard coking coal, fob DBCT: $210.73...Read More

In the latest move by Chinese authorities to diversify the country's iron ore supply sources, the Ministry of Natural Resources has stated its support for the development of domestic iron ore reserves.Responding to a proposal made by a member of the People's Political Consultative Conference during the "Twin Sessions" meeting in Beijing in March, the Ministry of Natural Resources announced on Augu...Read More

Prices for seaborne iron ore concentrate and pellet fell in the week ended Friday August 27 amid thin liquidity driven by weak demand, market sources said.Fastmarkets iron ore indicesPellet premium over 65% Fe fines, cfr China: $34.30 per tonne, down $0.20 per tonne66% Fe concentrate, cfr Qingdao: $165.97 per tonne, down $4.02 per tonne65% Fe blast furnace pellet, cfr Qingdao: $198.14 per tonne, d...Read More

For Wheaton Precious Metals (TSX: WPM; NYSE: WPM; LSE: WPM), 2021 has proven to be a spectacular year as the company reports record revenue, cash flows and sales volume in the first six months. In just the second quarter of this year, Wheaton saw net earnings rise 57% from the same time last year to US$166 million, and the company reports it is on track to achieve guidance of 720,000 to 780,000 go...Read More

Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) has intersected new visible gold bearing mineralization below the Swan zone, along the Cygnet Fault system, and to 1,000 metres downplunge of existing reserves along the Curie fault at Robbin's Hill, both part of the company's Fosterville mine in the state of Victoria, Australia. Drilling from the underground exploration drive hit this new minerali...Read More

Golden Arrow Resources (TSXV: GRG; US-OTC: GARWF) is a precious and base metal explorer with a pipeline of projects in Argentina, Chile, and Paraguay. It is part of the Grosso Group of companies, which has been working successfully in Argentina for almost three decades.The Vancouver-headquartered junior is advancing its 100%-owned Rosales copper project in the Atacama region of Chile, approximate...Read More

Sayona Quebec, a joint venture of Sayona Mining (ASX: SYA) and Piedmont Lithium (NASDAQ: PLL; ASX: PLL), has completed the acquisition of North American Lithium. Sayona Quebec is be owned 75% by Sayona and 25% by Piedmont. As part of the deal, Piedmont has agreed to take 50% of Sayona Quebec's lithium carbonate output.North American Lithium's chief asset was its suspended open pit mine about 60 km...Read More

Tudor Gold (TSXV: TUD) continues to attain impressive results from resource expansion and definition drilling of the Goldstorm deposit at its flagship property, Treaty Creek.The company announced the second set of results from the 2021 program, highlighted by an exceptional extension of the 300 Horizon and CS600 to the northeast in hole GS-21-113 that contains 972m of 1.265 g/t AuEq, including 456...Read More

Wyloo Metals is not ready to give up on its takeover bid for Noront Resources (TSXV: NOT) and its high-grade Eagle's Nest nickel-copper-PGE project in Ontario's Ring of Fire. The Australian company is now offering 70 ? per share for the junior, besting BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) friendly bid of 55 ? per share. The sweetened offer sent Noront shares up over 25% or 16 ? to 76 ? in t...Read More

Project location Proximity to Bodie-Aurora-Borealis mining district in Nevada Rock photos Picture taken by Paramount Geologists during field review exhibit similar features to historic rock samples described in the table within the body of the press release. Rock photos Picture taken by Paramount Geologists during field review exhibit similar features to historic rock samples described in the tabl...Read More

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More

Canadian markets have gained almost 20% this year. While market bulls have been riding high for more than 18-odd months now, some TSX stocks have recently entered a bear zone. Here are five popular Canadian names that corrected 20% or more from their recent highs.Ballard Power SystemsBallard Power (TSX:BLDP)(NASDAQ:BLDP) stock has been trading in the bear zone for a while. It has dropped 60% since...Read More

Hello Outsiders,Do you get drunk?Sometimes, all the time, none of the time? It's fine...Until it isn't.If you do - and I'm guilty as charged - I would recommend that you don't invest while doing so. I actually have been quite successful doing so somehow. But I've also made some seriously bad decisions...I once got drunk and bought too many shares in a mining penny stock. It went to zero.But I once...Read More

You've already seen it yourself first-hand: The price of food is rising.According to the U.S. Bureau of Labor and Statistics, food prices in America increased by an average of 3.6% in July 2021 compared to the previous year.BLS data shows food at home (grocery store or supermarket food purchases) increased 2.6% last month. Meanwhile food away from home (restaurant purchases) rose 4.6%.Up in Canada...Read More

Here are five Fastmarkets stories you might have missed on Tuesday August 31 that are worth another lookWith Italian steelmaker AFV Beltrame Group's recently announced investment in a new green steel plant in Romania, chief executive Carlo Beltrame is looking to futureproof the company ahead of the upcoming green steel revolution. In...Read More

Aluminium premiums increased on Tuesday August 31 across the globe, with tight supply, an opened arbitrage window in China, and overall bullish sentiment providing market tailwinds and supporting all-time highs.Premiums up in Rotterdam on insufficient supplyUS Midwest premium stable at record highPremiums rise in Shanghai amid wide arbitrage profitsImproved market sentiment drives MJP premiums upw...Read More

Aluminium's three-month price had the strongest growth in the complex this month, trading at $2,726.50 per tonne on Tuesday August 31, while most other prices on the London Metal Exchange were lower than on August 2. Aluminium closed at $2,718 per tonne on Tuesday, a rise of 2.6% from last Friday's price of $2,649.50 per tonne and up from $2,615 per tonne at the start of August. Bullish funda...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comAug 31, 2021 Why is Jay Powell so adamant that inflation is temporary? If the Fed acknowledges that higher inflation is ingrained, it must raise rates and kill its QE welfare programs for stock, bond, and real estate investors. That’s the last thing the Fed wants to do. Jay won&rsquo...Read More