A group of anti-mining activists attacked a worker that leads community relations for Curimining, the Ecuadorian company in charge of developing the Curipamba copper-gold project, held by Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL).The worker was attacked as he was entering the Las Naves Municipal Council, where he was to present documentation related to Curimining's activities...Read More
In a recent industry report, Fitch Solutions forecast nickel mine production will grow by 8.3% year-on-year in 2021, above the average growth of 5.9% year-on-year over 2010-2019, but not fully replacing the 23.3% expected contraction in 2020's nickel output.Growth in the near term will be driven by a recovery in output in the Philippines and Indonesia, Fitch forecast. In the Philippines, lockdowns...Read More
Canada rejected Shandong Gold Mining's bid for indebted TMAC Resources, the companies said, amid concerns about a Chinese state-owned entity operating in the country's sensitive Arctic region.Read full newsRead More
Canada's government has blocked a Chinese company from acquiring a Toronto-based firm that runs a gold mine in the Arctic due to national security reasons, the company said Tuesday.Read full newsRead More
TMAC Resources Inc. says that the Government of Canada has rejected a proposal for it to sell its Hope Bay gold project in Nunavut to Shandong Gold Mining Co. Ltd., a Chinese company.Read full newsRead More
Cache Exploration Inc. is pleased to announce the appointment oRead full newsRead More
Cache Exploration Inc. is pleased to announce, further to its preRead full newsRead More
Investors are searching for top Canadian stocks to buy for their RRSP and TFSA portfolios for 2021.Top stocks to buy in 2021The market rebound off the March lows eliminated many of the great deals we saw in 2020, but some top Canadian stocks still trade at cheap prices and could catch up to the rest of the market in 2021.Investors should consider sectors that fell out of favour during the pandemic...Read More
Rare earth metals are at the core of every major technology today.Smartphones, laptops, wind turbines, electric cars, and medical devices - you name it.They're also widely used in defense technology, like jets and guided missile systems.Neodymium, dysprosium, praseodymium, and terbium, for example, are all used in high-strength permanent magnets. They are used in virtually every modern vehicle and...Read More
Here are five Fastmarkets stories you might have missed on Wednesday December 30 that are worth another look.Corween Investments, the holding company for Liberty House, was given a lease for the insolvent Polish steel plate producer Huta Czestochowa earlier this week, sources told Fastmarkets on December 30.Shipments of...Read More
Base metals prices on the London Metal Exchange were little changed at the close on Wednesday December 30 amid low volumes and quiet market conditions.The LME three-month aluminium price rebounded slightly but remained marginally below the $2,000-per-tonne support level. It edged up by $8.50 to $1,999.50 per tonne, with just 6,697 lots of aluminium trading by 5pm London time, compared to over 20,0...Read More
Fastmarkets has corrected its Shanghai copper cathode premiums, which were published in error on December 25 and December 28.Fastmarkets published prices for registered copper cathode premiums on a seaborne and in-warehouse basis for the Shanghai market outside of its pricing calendar, and has now removed this information.Fastmarkets prices commodity-grade base metal premiums on days when the Lond...Read More
Here are five Fastmarkets stories you might have missed on Wednesday December 30 that are worth another look.Corween Investments, the holding company for Liberty House, was given a lease for the insolvent Polish steel plate producer Huta Czestochowa earlier this week, sources told Fastmarkets on December 30.Shipments of...Read More
The discount paid for ferro-nickel with 26-32% nickel content in China fell to its lowest level on Fastmarkets' records in December due to a lack of demand and no price competitiveness. Fastmarkets assessed the ferro-nickel premium/discount, 26-32% Ni contained, cif China at a discount of $1,800-2,200 per tonne on Tuesday December 29, widening from a discount of $1,000-1,300 per tonne on November...Read More
Seaborne prices of both low- and high-grade manganese ore in China continued to find support from persistent strength in the portside ore and alloy markets in the latest pricing period ended Tuesday December 29, despite the absence of some participants due to the Christmas holidays. Fastmarkets' manganese ore index 37% Mn, cif Tianjin rose 18 cents (4.6%) week on week to $4.12 per dry metric tonne...Read More
Here are five Fastmarkets stories you might have missed on Wednesday December 30 that are worth another look.Corween Investments, the holding company for Liberty House, was given a lease for the insolvent Polish steel plate producer Huta Czestochowa earlier this week, sources told Fastmarkets on December 30.Shipments of...Read More
The Turkish deep-sea scrap market remained quiet due to the year-end holiday period, sources said on Wednesday December 30.The most recent transactions were heard on December 24, when a steel mill in the Marmara region booked a Baltic Sea cargo containing 30,000 tonnes of shredded scrap at $480 per tonne cfr, and another steel mill in the Iskenderun...Read More
Shipments of copper scrap for import into China have been trading at a bigger discount in December, with many cargoes stranded at Chinese ports while customs officials carry out inspections under the new import policy."For birch/cliff covered with paint or other impurities the samples are sent to laboratories, so it is taking a long time for clearance," a scrap importer said. A scrap trader said c...Read More
Here are five Fastmarkets stories you might have missed on Wednesday December 30 that are worth another look.Corween Investments, the holding company for Liberty House, was given a lease for the insolvent Polish steel plate producer Huta Czestochowa earlier this week, sources told Fastmarkets on December 30.Shipments of...Read More
Corween Investments, the holding company for Liberty House, was given a lease for the insolvent Polish steel plate producer Huta Czestochowa earlier this week, sources told Fastmarkets on Wednesday December 30.In late December bankruptcy trustee Mateusz Bienioszek signed a lease agreement for Huta Czestochowa with Corween Investments, several sources familiar with the matter told Fastmarkets "I ca...Read More