Silver One Candelaria project in Nevada (Credit: Silver One) Drilling at Silver One's Candelaria project in Nevada's has expanded higher-grade mineralization between the past-producing Mount Diablo and Northern Belle pits at depth and confirmed near-surface lower-grade mineralization around the two pits.The company has recently drilled nine holes at this project; highlights from the four in the...Read More
The Goudreau project in northeastern Ontario (Credit: Manitou). Manitou Gold has released initial drill results from the Rockstar vein within its 225-sq.-km Goudreau project in Ontario. This work is following up on last year's channel sampling program at the property. At the time, the program uncovered the vein over 100 metres of strike, with the gold-bearing unit grading 3 g/t gold over an aver...Read More
Cat 785G unit Credit: Caterpillar. Caterpillar has added the MineStar Edge platform to its Cat MineStar Solutions offering to align with the way that mining operations manage their businesses. Edge creates an operational ecosystem for mining companies: rather than having data in individual silos, Edge brings visibility to the entire operation and enables managers to see how activities early in t...Read More
Haver & Boecker screen media Credit: Haver & Boecker. Haver & Boecker Niagara has introduced make-and-hold and stocking agreement programs for screen media and wear parts to guarantee inventory, help customers minimize downtime from long lead times, provide pricing stability and simplify inventory management."We want to help ensure our customers have the screen media and parts they need to keep...Read More
Here are five Fastmarkets stories you might have missed on Tuesday May 26 that are worth another look.Workers at Tata Steel's plant at IJmuiden in the Netherlands staged a lightning protest on May 26, but output was unaffected, the company said.Japanese steel producers which use electric-arc furnaces (EAFs) are being forced into raising their purchasing prices for ferrous scrap feedstock despite t...Read More
The International Copper Study Group (ICSG) has cut its 2020 global mined copper forecast by 950,000 tonnes, equivalent to nearly 4 million tonnes of copper concentrates output, citing the impact of the Covid-19 pandemic.The copper research group now expects a 3% year-on-year decline in world mined copper output in 2020, citing lockdowns that have been in place since March, the group said on Thurs...Read More
LME three-month base metals prices, apart from zinc, closed up on Tuesday May 26, in part driven by the impact of China's ongoing monetary easing policy and the onset of economic restarts across Europe. A speech given today by People's Bank of China governor Yi Gang buoyed London Metal Exchange base metals prices at the beginning of the day's trading, according to INTL FC Stone's Natalie Scot...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMay 26, 2020Gold drifts sideways in typical weak season trading, silver looks better, and the miners look awesome!Pleaseclick here now.Double-click to enlarge this gold chart.It’s clear that both upside and downside breakouts are failing, and the gold price continues to ooze sideways...Read More
In Canada, the S&P/TSX Composite Index closed 1.1% higher and in Australia, the S&P/ASX 200 is on the rise, up 1.4% in morning trade after finishing 2.2% higher yesterday.Vista Gold (TSX: VGZ) was one of the bigger market risers in Toronto, hitting a 12-month high intraday of C$1.49 before closing up 16.3% to $1.43 on no news.The company is focused on its Mt Todd gold project in Australia'...Read More
Here are five Fastmarkets stories you might have missed on Tuesday May 26 that are worth another look.Workers at Tata Steel's plant at IJmuiden in the Netherlands staged a lightning protest on May 26, but output was unaffected, the company said.Japanese steel producers which use electric-arc furnaces (EAFs) are being forced into raising their purchasing prices for ferrous scrap feedstock despite t...Read More
The updated study delivered a 43% increase in undiscounted pre-tax free cashflows to A$1.6 billion, or A$1.2 billion post-tax.Read More
If there is a silver lining for mining suppliers in the current coronavirus-induced capital cutback by miners it is that recovery in mining capital investment post 2016 had barely got going beforeRead More
Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click hereIn an address 10 weeks since he declared a national state of disaster due to the coronavirus pandemic, Ramaphosa said "the risk of a massive increase in infection is now...Read More
Montr?(C)al, Qu?(C)bec - May 26 , 2020 - Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF/ FRA: WK3D) will be releasing 2019 year end results on Wednesday, June 3rd, 2020 and will be hosting an investor conference call on Thursday, June 4th, 2020 at 9:00 AM EDT (6:00 AM PDT) to discuss these results, followed by a Q&A for investors.The call will be hosted by CEO Marc Seelenfreund and VP Sales Glenn Ken...Read More
VANCOUVER, BC / ACCESSWIRE / May 26, 2020 / LEAF Mobile Inc. (TSX.V:LEAF), a leading creator and publisher of counter culture mobile games, had record setting results for the month ending April 2020, including total game gross revenue, installs and daily active users (DAU) across its portfolio of counter culture mobile games.LEAF Mobile April 2020 HighlightsRecord monthly revenue for total Bud Fa...Read More
The International Copper Study Group (ICSG) has cut its 2020 global mined copper forecast by 950,000 tonnes, equivalent to nearly 4 million tonnes of copper concentrates output, citing the impact of the Covid-19 pandemic.The copper research group now expects a 3% year-on-year decline in world mined copper output in 2020, citing lockdowns that have been in place since March, the group said on Thurs...Read More
The disconnect between London Metal Exchange and SHFE aluminium prices has opened an arbitrage window to China, but the international aluminium market is wary of taking advantage of it, Fastmarkets understands.The front month aluminium contract on the SHFE last traded at 13,235 yuan ($1,855.41) per tonne on Tuesday May 26, while the LME aluminium three-month price closed at $1,506.50 per tonne on...Read More
Here are five Fastmarkets stories you might have missed on Tuesday May 26 that are worth another look.Workers at Tata Steel's plant at IJmuiden in the Netherlands staged a lightning protest on May 26, but output was unaffected, the company said.Japanese steel producers which use electric-arc furnaces (EAFs) are being forced into raising their purchasing prices for ferrous scrap feedstock despite t...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