US President Donald Trump is threatening to abandon a preliminary trade deal leading to an easing of trade tensions with China, citing the Covid-19 virus.On April 30 Trump said a trade agreement signed in January between the United States and China was "secondary to what took place with the virus." And during an interview with Fox news on May 3, Trump laid the blame for the...Read More
Kazakh company YDD Corp is targeting sales of ferro-silicon into North America this year, with the first shipments planned for next month, according to its output distributor on the project, Swiss trading house Helvetia Resources. YDD started cold commissioning three furnaces at its new Karaganda ferro-silicon operation in Kazakhstan at the end of 2018, with the aim of exporting ferro-silicon...Read More
The price spread for Europe-origin high-carbon ferro-chrome widened by a couple of cents per lb to $0.17 per lb in the week ended Friday May 1.This came after deals were reported at higher prices following the increase in the ferro-chrome and charge chrome benchmark for shipments in the second quarter of 2020. The gap was $0.20 per lb between the highest and lowest reported deal prices in the week...Read More
May 05, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada. Sixteen holes were drilled for a total of 992.50 metres.Highlights of New Drill Results at the Langis ProjectDrill hole LM20-83 intersected 5.00m of 1,293.34 g/t silver, including 2.00m of 3,20...Read More
As if there weren't enough upheaval in the markets. Now Canada's Bank of Nova Scotia (Scotiabank) - one of the world's biggest lenders to the physical precious metals industry - has apparently told staff that it plans to close its metals business. Reuters, quoting two sources, reported last week that the bank will unwind its precious metals trading business in early 2021. Scotiabank has been invol...Read More
This episode features an interview with Northern Miner editor-in-chief Trish Saywell on the latest news in the mining industry, including the impact of the coronavirus on commodities and the economy. She also discusses Barrick and Zijin Mining's clash with the Government of Papua New Guinea over the Porgera mine.All this and more with editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Rai...Read More
First Cobalt (TSXV: FCC) expects to begin production of cobalt sulphate late this year or in early 2021, which would make it North America's only primary producer of the key ingredient for the batteries that power electric vehicles (EVs) and high-tech devices.The Toronto-based company said the expansion of its refinery in Ontario, which it is carrying out in partnership with mining and commodities...Read More
Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has announced a $30 million (upsized from $26 million) bought deal. The net proceeds will be spent on permitting, development and exploration at its Valentine gold project in Newfoundland.The syndicate of underwriters is co-led by Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets. The underwriters have agreed to purchase 20 million units at...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) has released drill results from its wholly owned 91.4-sq.-km Dixie gold property in Ontario.Of the 17 holes reported, highlights include hole BR-118, which returned two notable mineralized intervals: a standout 104 metres of 2.67 grams gold per tonne from 127.2 metres, as well as 57 metres of 3.18 grams gold per tonne starting at 30 metres. In additi...Read 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 hereAfter production contracted 1.9% in 2019 to 20.6 million tonnes due to lower ore grades and production disruptions, copper production was initially expected to rebound st...Read More
The company also reported that is on track to meet its full-year production guidance of between 80,000 ounces and 85,000 ounces of gold.Read full newsRead More
Gold prices in 2020 have jumped higher. As a result, the top gold mining stocks are moving higher as well. It'd be good to watch these three gold companies.Read full newsRead More
AUPLATA MINING GROUP SA:Read full newsRead More
Part two of this series explores RNG pricing and market trends in the transportation fuel and utilities markets.Read full newsRead More
"Underground #drilling at #Castlemine has intersected high-grade #Gold for the first time in addition to high-grade #Cobalt, #Silver and #Nickel ???(C)??',#CanadaCobaltWorks $CCW #Gowganda #MomentumStockshttps://t.co/rg11fqsfR3"Read full newsRead More
Talisker Resources is pleased to announce results from the second drill hole at the Bralorne Gold ProjectRead full newsRead More
Brixton Metals Corporation is pleased to announce drill results from its wholly owned Langis Mine Project located in the Cobalt Camp, Ontario, Canada.Read full newsRead More
With a global recession almost certainly in full swing, investors are showing renewed interest in gold. According to GoldPrice.org, gold was going for $1,703 on Monday, a 31.5% increase over the same day a year before. That’s an impressive gain. And it’s not only the commodity itself that’s seeing a boost.Gold stocks are also rising, with Barrick Gold up 47% year-to-date. In...Read More
Energy and airline stocks have been some of the hardest-hit sectors amid the recent market rout. Utilities and telecom stocks largely tracked the broader markets. But one segment that went through the roof and notably outperformed TSX stocks at large is the gold miners.TSX gold miner stocks have stayed notably strong so far this year, even during the COVID-19 crash in March. While rallying physica...Read More
Image from Modular Mining. Modular Mining announced on Wednesday it has launched its Modular Mining Public Application Programming Interface (API). The API is designed for integration and increased openness amongthird-party technologies and Modular Mining's IntelliMine portfolio,including the DISPATCH fleet management and ProVision machineguidance systems.Through the Public API infrastructure,...Read More