Broad markets were stronger this morning, Tuesday May 26, with many Asian-Pacific equity indices up by around 2%, while pre-market major western equities were up by around 1% but metals prices were mixed.Hopes that the reopening of economies will lead to an economic recovery are boosting equities but the United States-China trade dispute is worsening, which is not going to help the global economy...Read More
The price range for high-carbon ferro-chrome widened in Europe in the week ended Friday May 22, with industry sources reporting deals agreed for more than 500 tonnes of material.The price spread widened to $0.15 per lb after deals were reported that raised the higher end of the assessment.Trading activity was said by most sources to be quiet, with only one supplier reporting deals done. But the pr...Read More
We must understand one thing. This is an absolutely all-out major assault upon capitalism being led by the Socialists in union with the Climate Change and the Gates Foundation which has also been pushing the democratization of paper money. This means they are no about to allow any alternative to their agenda. This goes beyond the massive voter fraud we see coming for the 2020 election in the...Read More
Key data from Friday May 22 pricing session in Shanghai.Key drivers- Chinese exporters held their offers firm due to a strong domestic market amid tightened supply; very few plants in China are producing grade-553 silicon.- Market sources said interest from abroad had...Read More
Proposal Received for a Pre-Feasibility StudyBased on internal updated resource prices, Copper King's Preliminary Economic Assessment (PEA) has a projection of pre-tax cash flow of $510.54 million, NPV of $321.6 million, and 52% pre-tax annual IRR at $1600/oz. goldELKO, Nevada, May 26, 2020 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company") a gold exploration and development company,...Read More
Key data from the pricing sessions in London and Shanghai on Friday May 22.Key drivers:- Buyers in China continue to replenish stocks that have run thin from refineries, bridging a gap in shipments from Africa in March and April that was a result of South Africa's Covid-19 lockdown. Outflows...Read More
Banyan Gold (TSXV: BYN) president and CEO Tara Christie was juggling the impact of COVID-19 on the industry, and at the same time, began a new role. Like many parents worldwide, the mining executive and multi-generational gold miner began home schooling for her six-year-old daughter during the pandemic."I've had to teach myself phonics," Christie laughed. But while Christie and her daughter Katie...Read More
This episode features Golden Predator Mining CEO Janet Lee-Sheriff in conversation with Northern Miner group publisher Anthony Vaccaro at The Northern Miner Scotch Whisky Tasting event held on Zoom. Janet discusses the history of the Canadian Mint, gold supply, environmentally-friendly ways of mining, and the importance of ESG and ongoing community engagement. She also discusses the latest company...Read More
Talon Metals (TSX: TLO; US-OTC: TLOFF ) has raised $4 million in a non-brokered private placement of more than 40 million common shares at a price of 10 ? a share.The funds will be used to advance its Tamarack nickel-copper-cobalt project in north-central Minnesota, about 89 km west of Duluth ad 210 km north of Minneapolis.Resource Capital Funds participated in the offering, purchasing 21.13 milli...Read More
Focus Graphite (TSXV: FMS; US-OTC: FCSMF) has sold its 50% stake in the Kwyjibo rare earth element deposit to Investissement Qu?(C)bec, a financing corporation that exists to facilitate investment in Quebec, for $7.2 million.The agreement on the project, located 125 km northeast of Sept-??les, was originally signed last month.The other 50% of Kwyjibo is held by SOQUEM, the mineral exploration arm...Read More
Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has walked away from its proposed acquisition of Guyana Goldfields (TSX: GUY; US-OTC: GUYFF) and terminated its plan of arrangement for a three-way merger with Gold X Mining (TSXV: GLDX; US-OTC: SSPFX).Gran Colombia had envisioned creating a larger, South America-focused gold producer with operations in Colombia and Guyana and had offered 0.142 of a sha...Read More
Australia's New Century Resources (ASX: NCZ) has confirmed rumours of talks with Vale (NYSE: VALE) to buy the Brazilian miner's nickel and cobalt operations on the Pacific island of New Caledonia.The Melbourne-based zinc producer said on May 26 that it had entered into a 60-day exclusivity period with Vale to complete due diligence and negotiate the acquisition of 95% of Vale Nouvelle Cal?(C)donie...Read More
Zambia is moving to amend gold-mining rules so that they treat the metal as strategic.Read full newsRead More
Singapore's National Environment Agency (NEA) has signed a US$1.5bn contract for the delivery of the Tuas Nexus Integrated Waste Management Facility (IWMF), which includes a 400 tonnes per day (tpd) anaerobic digester.Read full newsRead More
Each May, we Americans give tribute to those in the military who have paid the ultimate price serving their country. This Memorial Day is all the more poignant as we also remember family, friends and colleagues who have fallen to the coronavirus, a deadly, invisible enemy.The pandemic has slammed the U.S. economy, triggering bankruptcies and putting millions out of work. Goldman Sachs warned earli...Read More
Otso Gold Corp. is pleased to announce the appointment of CoffeyRead full newsRead More
NV Gold Corporation is pleased to announce that it has closed itsRead full newsRead More
Noble Mineral Exploration Inc. announces closing of a non-brokereRead full newsRead More
Great Bear Resources Ltd. is pleased to announce that it has enteRead full newsRead More
Talisker Resources Ltd. is pleased to announce that drilling hasRead full newsRead More