Focus on 1.5 km zone of historic porphyry copper-gold showings CRead full newsRead More

Amex Exploration Inc. is pleased to announce it has been named toRead full newsRead More

Bold Ventures Inc. is pleased to report that its initial diamondRead full newsRead More

Feb 06, 2021 Guest(s): David Elliott VP & Director, Haywood Securities Gold has already moved from $1,250 to $2,000 in a very short amount of time, and the metal is simply in a consolidating phase right now, said David Elliott, a founding partner of Haywood Securities, which has grown from an office of 15 employee in 1986 to becoming one of Canada's premier mining financiers with $10 billion in...Read More

Here are five Fastmarkets stories you might have missed on Monday February 8 that are worth another look.European steel association Eurofer is concerned that the EU's Carbon Border Adjustment Mechanism (CBAM) will result in a substantial rise in the costs of steel production, it said on Friday February 5.China's...Read More

The London Metal Exchange copper price closed above the $8,000 per tonne mark for the first time in nearly two weeks on Monday February 8, with the majority of the other base metals prices also increasing on account of a falling dollar index. Copper's price closed at $8,037 per tonne on Monday, a 1.6% rise from its price on Friday at 5pm of $7,912.50 per tonne and its first time closing above $8,0...Read More

Bob Moriarty ArchivesFeb 8, 2021When I visited Australia with Quinton Hennigh in June of 2009 while we were in Perth we visited an Australian mining company that wanted to talk about how to increase shareholder interest and boost the value of the company. For most periods, the Australian shares suffer a deep discount in almost every category to Canadian listed shares. On occasion you have somethin...Read More

Peru reported a year-on-year decrease in copper production for the second month in a row in December, while zinc output continued to recover, according to the latest data from the country's Ministry of Energy & Mines (Minem).The country produced 221,980 tonnes of copper equivalent the last month of 2020, down 1.6% from the 225,496 tonnes produced in December 2019. Production had fallen 2.4% y...Read More

Jack ChanPosted Feb 8, 2021Gold 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. Data is supportive for overall higher gold prices.Data is supportive for overall higher silver prices.Our ratio is on BUY si...Read More

The S&P 500 closed up 0.74% to 3,915.59 as optimism grows around an economic stimulus package and vaccine roll-out.Bitcoin gained more than 14% to also reach a record high as Tesla said it had invested US$1.5 billion and would soon accept the digital currency as payment for its electric vehicles.Gold was slightly higher than this time yesterday at $1,830 an ounce on the spot market.Base metals...Read More

Peru reported a year-on-year decrease in copper production for the second month in a row in December, while zinc output continued to recover, according to the latest data from the country's Ministry of Energy & Mines (Minem).The country produced 221,980 tonnes of copper equivalent the last month of 2020, down 1.6% from the 225,496 tonnes produced in December 2019. Production had fallen 2.4% y...Read More

Seaborne low-grade manganese ore prices dropped for the second consecutive week on Friday February 5 on weakening demand and high Chinese port stocks, which outweighed logistical disruptions. Fastmarkets' manganese ore index 37% Mn, cif Tianjin dropped 6 cents week on week to $4.62 per dry metric tonne unit (dmtu) on February 5. Fastmarkets' manganese ore 44% Mn, cif Tianjin edged up 2 c...Read More

Severstal said the move was in line with its commitment to the Paris Agreement goals, and also followed the objectives of Russia climate regulation.Read More

Revenue of A$124.3 million in the first half of FY2021 was down 3% on the same period in FY2020.EBITDA rose 6% to $33.1 million, while cash from operations jumped 33% to $33.2 million.Net profit after tax for the FY21 first half dropped 26% to $13.5 million due to higher depreciation and amortisation charges relating to additional assets to support increasing demand for gyro-related technologies a...Read More

A summary of aluminium producer Rusal's results for the year ended December 31, 2020.SummaryRusal's aluminium sales fell 6.0% year on year in 2020 to 3.93 million tonnes. The drop in sales is attributable mostly to a higher base in 2019, when sales volumes were above normal levels due to the partial sell down of surplus inventories of primary aluminium...Read More

Here are five Fastmarkets stories you might have missed on Monday February 8 that are worth another look.European steel association Eurofer is concerned that the EU's Carbon Border Adjustment Mechanism (CBAM) will result in a substantial rise in the costs of steel production, it said on Friday February 5.China's...Read More

Key data from the pricing session in London on Friday February 5.Key drivers The downward correction in prices has continued over the past week, with the market dropping to a one-month low on profit-taking amid an active spot market, and expectations of more material arriving in European...Read More

Base metals prices on the London Metal Exchange were mainly weaker this morning, Monday February 8, while those on the Shanghai Futures Exchange were mostly firmer, but this comes after a strong performance on the LME on Friday, when prices closed up by an average of 1.7%. Poor US employment report may help rescue package pass through CongressUS Treasury secretary Janet Yellen predicts the United...Read More

A Russian court on Friday February 5 largely upheld a contested fine on Nornickel, charging it $1.93 billion - the country's largest environmental fine - for an oil spill in the Arctic.Nornickel already took an accounting charge to cover the fine for a May 2020 oil spill that saw it surrender 98.5% of its profits for the first half of that year. Nonetheless, Nornickel signaled Friday that it might...Read More

Sir Mick Davis, former chief executive officer of Xstrata plc, has launched an investment company focused on battery minerals and has made its first strategic financing move in a graphite mine in Madagascar.The new company is called Vision Blue Resources. It has said that it intends to capitalize on the structural change in battery mineral demand now under way globally, by acquiring a portfolio of...Read More