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Desal potential soluction to production reduction

February 03, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company estimates a plant will cost more than US$400 million, which will also produce potable water for human consumption as a means to obtain social approval for the project.Read More

CHINA HRC: Offers slump after Chinese New Year break

February 04, 2020 / www.metalbulletin.com

China's hot-rolled coil sellers lowered their offers significantly on Monday February 3, the first day after the country's Chinese New Year break, amid bearish sentiment triggered by a virus outbreak.DomesticEastern China (Shanghai): 3,630-3,650 yuan ($523-526) per tonne, down 230 yuan per tonneNorthern China (Tangshan): 3,300 yuan per tonne, down 290 yuan per tonneA Shanghai-based trader told Fas...Read More

CHINA REBAR: Offers plunge after holiday amid health scare

February 04, 2020 / www.metalbulletin.com

Rebar offers in eastern China dropped sharply on Monday February 3, the first day of work after the Chinese New Year for some market participants, amid sustained fears over the novel coronavirus in the country.Eastern China (Shanghai): 3,400-3,450 yuan ($490-497) per tonne, down 220-240 yuan per tonneNorthern China (Beijing): 3,540-3,560 yuan per tonne, unchangedA handful of sellers in the eastern...Read More

Tech Talk for Monday February 3rd 2020

February 03, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures advanced 21 points in pre-opening trade. Index futures responded to news that the Chinese central bank injected monetary stimulus into the Chinese economy valued at $173 billion.The Shanghai Composite Index plunged 229.92 to 2746.61 on its first day of trade following the Chinese New Year holiday. The 7.72% drop implies a reco...Read More

Base metals' reaction suggests Wuhan virus may differ to SARS outbreak

February 03, 2020 / www.metalbulletinresearch.com

Base metals prices have reacted quite aggressively to the spread of the coronavirus, more so than most equity markets, leaving markets sending out different signals. While it is too early to say how this will unfold, here are some early concerns and observations.Once the outbreak of the coronavirus became widely reported in mid-January, various markets reacted differently and continue to do so. Ba...Read More

Antimony gains support in Europe amid coronavirus outbreak uncertainty

February 04, 2020 / www.metalbulletin.com

The impact of the coronavirus outbreak from Wuhan city, China, is positively affecting antimony prices in Europe, with low stocks in Rotterdam and the market heavily dependent on supply from China.The East Asian country accounts for 78% of global antimony output, according to the United States Geologic Survey (USGS). Fastmarkets assessed the price for antimony max 100 ppm Bi, in-whs Rotterdam at $...Read More

Cobalt prices underpinned as sellers hold on to metal units

February 04, 2020 / www.metalbulletin.com

Cobalt prices held on to their recent gains on Monday February 3, finding support because of the limited supplies of readily available material.Fastmarkets' inaugural daily price assessments on February 3 for cobalt standard grade, in-whs Rotterdam, and cobalt alloy grade, in-whs Rotterdam, were unchanged at $16.50-16.90 per lb and $17.40-17.80 per lb respectively. The previous assessments were on...Read More

PRICING NOTICE: Launch of daily cobalt price assessments

February 04, 2020 / www.metalbulletin.com

Fastmarkets MB today launched daily publication for its benchmark price assessments for standard and alloy-grade cobalt, in-whs Rotterdam. Folllowing a consultation period in 2019, Fastmarkets has launched daily price assessments for cobalt standard grade, in-whs Rotterdam, $/lb and cobalt alloy grade, in whs Rotterdam $/lb. The increase in frequency is intended to provide greater transparenc...Read More

Revival Gold grows Beartrack-Arnett resource in Idaho

February 03, 2020 / www.northernminer.com

Revival Gold (TSXV: RVG; US-OTC: RVLGF) has released an updated resource for the 51-sq.-km Beartrack-Arnett project in Idaho with substantial growth in the inferred resource category.The latest estimate features updated numbers for the Beartrack portion as well as an initial estimate for Arnett.Indicated resources now stand at 36.4 million tonnes grading 1.16 grams gold per tonne for a total of 1....Read More

Centerra pours first gold at Oksut

February 03, 2020 / www.northernminer.com

Centerra Gold (TSX: CG) has poured the first gold from its Oksut mine in Turkey.Oksut will be the company's third operating gold mine, joining Kumtor and Mount Milligan.A 2015 feasibility study for the project outlines an operation producing an average of 110,000 oz. gold per year at all-in sustaining costs (AISCs) of US$490 per oz., with a development capital cost of US$200 million.Reserves for O...Read More

Social investors and lower emissions to shape mining's short-term future, Deloitte reports

February 03, 2020 / www.northernminer.com

The mining and metals sector is facing greater scrutiny from communities in host countries, consumers and society at large, demanding transparent, ethical supply chains, as well as a lower carbon footprint, a new study from Deloitte shows.Rather than declining any time soon, the pressure to meet those expectations will force resource companies to redefine the way they do business, shaping the sect...Read More

Miners should adopt 'next-generation' values to battle reputation crisis, says Anglo American boss

February 04, 2020 / www.northernminer.com

Despite mining's contribution to almost every aspect of modern life, the industry is still seen as one that takes more than it gives, which has brought it to the reputation crisis it faces today, Anglo American's (LON: AAL) chief executive officer, Mark Cutifani, said on Monday."We need to connect the future of mining with next-generation societal values," Cutifani told delegates at African Mining...Read More

Daffodils with a whiff of lithium

February 03, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaIn the UK, it's the emergence of daffodils that signal the approach of spring, while an increase in demand for lithium hints of a thaw in fro...Read More

TD buying copper amid coronavirus scare

February 03, 2020 / fw.to

TD Securities global head of commodity strategy Bart Melek discusses how coronavirus is affecting metals prices, including copper.Read full newsRead More

Centerra Gold Announces First Gold Pour at the ?-ks? 1/4 t Mine

February 03, 2020 / dlvr.it

TORONTO, Ontario, Jan.31, 2020(GLOBE NEWSWIRE) -- Centerra Gold Inc. ("Centerra") (TSX: CG) is pleased to announce that the first gold pour from its...Read full newsRead More

A Gold Stock To Be Excited About

February 03, 2020 / dlvr.it

The company reported net loss and cash used for 2019 in-line with past years while making progress on the permitting front.Read full newsRead More

RT @IPtechAR: Interview with Alen Paul, CEO of Imagination Park Technologies.

February 03, 2020 / ca.proactiveinvestors.com

Imagination Park Technologies (CSE: IP- OTCQB: IPNFF) President and CEO Alen Paul Silverrstieen joined Steve Darling from Proactive Vancouver on Skype to discuss the augmented reality company that is preparing for a big 2020 as they bring AR-as-a-Service pretty much anyone without any programming or technology experience.Read full newsRead More

TD buying copper amid coronavirus scare

February 03, 2020 / fw.to

TD Securities global head of commodity strategy Bart Melek discusses how coronavirus is affecting metals prices, including copper.Read full newsRead More

Gold Stocks: Cash Flow Is The Theme

February 04, 2020 / www.miningfeeds.com

Are gold miners poised to begin a long period of outperformance against gold?2. I've argued that most gold stocks peaked against gold bullion in 2006. GDX $31 and GDXJ $46 are my "launchpad" numbers for a major new bull run, a run that could last for decades.3. Please click here now. Schroders fund manager James Luke believes the miners peaked in 2005.4. He argues that the comp...Read More

1 Top Gold Stock to Buy and Profit From Higher Gold Prices in 2020

February 04, 2020 / www.fool.ca

Gold has rallied sharply since the start of 2020 gaining 2% to be trading at around US$1,550 per ounce. There are signs that the yellow metal will make further gains during 2020, particularly as uncertainty grows and economic as well as geopolitical risks worsen.Rising fearA key risk weighing on stocks and supporting gold is the coronavirus outbreak. This is because there are very real concerns th...Read More

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