Prices for cobalt salts in China, including cobalt sulfate and tetroxide, continued their upswing in the first half of this week, but the upward momentum has slowed after suppliers found it increasingly difficult to conclude deals at higher levels. Fastmarkets' assessment for cobalt sulfate 20.5% Co basis, exw China rose to 46,500-47,500 yuan ($6,493-6,632) per tonne on Wednesday May 27, up by 500...Read More
Cobalt is the battery raw material most likely to face supply disruption or inefficiency during Covid-19, according to a poll conducted during a Fastmarkets webinar last week.About 50% of respondents to the poll said cobalt would be most prone to disrupted supply or limited availability as a result of Covid-19; nickel and lithium each received 20% of respondents' votes, while the remaining 10% wen...Read More
China's domestic stainless steel prices were unchanged over the past week amid weak demand, but export prices fell due to a depreciation in the yuan. The Chinese currency was pegged at 7.1092 yuan per $1 on Wednesday May 27, compared with 7.0956 yuan to $1 a week earlier. The mixed performance by stainless steel prices comes amid an unclear trend in the price of nickel, a Southeast Asian buyer sai...Read More
Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly owned Kiena mine complex, 15 km northwest of Val-d'Or and 100 km east of Rouyn-Noranda in Quebec.The PEA estimates a mine life of eight years producing an average of 85,931 oz. gold annually at cash operating costs of US$374 per oz. and all-in sustaining costs (AISCs) of US$512 per ounce.The early-sta...Read More
Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of Yamana Gold (TSX: YRI; NYSE: AUY) and streaming assets from Orion Resource Partners.In addition to the two vend-in transactions, Nomad also completed a private placement financing of $13.3 million.Previously listed o...Read More
O3 Mining (TSXV: OIII) has entered an agreement with a syndicate of underwriters to raise $35 million (upsized from $30 million) for exploration at its projects in Quebec and for working capital and corporate expenses.The bought deal private placement offering co-led by Cormark Securities, Sprott Capital Partners and Canaccord Genuity, includes 4.7 million flow-through units, priced at $4.30 each,...Read More
Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has completed a bought deal financing raising $34.5 million that will be spent on permitting, development and exploration at its wholly owned Valentine gold project in Newfoundland.The company issued 23 million units at a price of $1.50 each, with each unit consisting of one share plus a half warrant exercisable at $1.90 per share for a one-year period. The...Read More
Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in the market caused by curtailed production and halted expansions start to emerge.Car sales, EVs included, have plummeted this year as a result of the coronavirus pandemic that has hit global markets.In Western Europe, where...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) has developed a way to extract high-purity scandium oxide from waste at its titanium dioxide production facilities in Quebec.The company has been using the new process, developed by researchers at the company's Rio Tinto Fer et Titane (RTFT) Research & Development Centre, to produce scandium oxide that meets market specifications since the second half of 2019 as par...Read More
NEW TOOLS IN ITS LATEST MICROMINE UPGRADESPONSOREDmicromineCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesInvestment bank metal price forecasts are influential. They frame expectations for investors. They also dictate what companies...Read More
The company has identified four targets at the Decar Nickel District project in central British Columbia, referred to as Baptiste, Sidney, Target B and VanRead full newsRead More
Doug Kirkpatrick explains how leaders can help create individualized opportunities for employees in order to find the gold hidden in your workplace.Read full newsRead More
Since acquiring North Mara, Barrick (GOLD) is focused on improving the mine's water management with special importance on its tailings storage facility.Read full newsRead More
The program, which gives investors alternative exposure to Bitcoin via mining hardware, is available to accredited investors around the world.Read full newsRead More
Loop Insights Unveils Latest Global Partner, Germany-Based PasscreatorRead full newsRead More
The International Energy Agency recently released its report -- 2020 Global Energy Review -- which states energy demand will fall 6% in 2020. This represents the largest decline in 70 years in perRead full newsRead More
Adamera Minerals Corp. announces a non-brokered private placementRead full newsRead More
There is no question this economic environment is ideal for gold prices and, therefore, TSX gold stocks. However, some gold stocks are so strong, investors can buy the stocks knowing they are great long-term investments.Gold is something investors should always have at least a small portion of their portfolio exposed to. And in times of uncertainty, when a safe-haven asset is demanded, that’...Read More
Epiroc's Minetruck MT65, part of the Codelco order Credit: Epiroc Epiroc, a productivity partner for the mining industry, has won a large equipment and service order from Codelco for its Chuquicamata mine in northern Chile.Codelco has ordered underground loaders, face drill rigs, rock bolting rigs and mine trucks, as well as technical support and training for the Chuquicamata underground mine...Read More
Investors might be a bit confused by the term “growth stocks.” After all, in today’s market, everything might look like a growth stock. With a market crash behind us, many stocks have a lot of growing to do. However, that’s not what an investor should be looking at when deciding whether a stock has a history and future full of growth.If you look at the past decade of a stoc...Read More