Drilling at Callinex Mines' 118-sq.-km Nash Creek project has encountered a new zone of silver mineralization, 9.6 km away from the current deposit, as well as a new area of near-surface zinc and lead, 1.3 km to the west of existing resources.The company has released the results of five drill holes: NC19-306 returned 19 metres of 36.53 g/t silver, 0.38% zinc and 0.52% lead starting at a depth of...Read More
Centerra Gold's Mount Milligan mine. (Image courtesy of former owner, Thompson Creek Metals).Canada's prolific geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects. A fall in the value of the Canadian dollar over the past few years, coupled with a recent upswing in the gold price, make gold...Read More
(Image courtesy of Vale) Vale has received a preliminary license for the expansion of the Serra Leste iron ore mine, in Par??, Brazil.Located 50 km from Curion??polis and 5 km from Serra Pelada, Serra Leste Mine has an estimated reserve of 307.4 million metric tonnes, with average iron content of 65.4%.The company plans to increase the production from the current 6 million tonnes per year to 10 m...Read More
Global aluminium billet premiums were unchanged but for a drop in Thailand, with spot demand battered due to the Covid-19 pandemic.Europe begins third quarter negotiationsUS premium static in lifeless spot marketBrazil premium flat amid weak spot interestWeak demand sinks premium in ThailandQ3 negotiations in Europe start with offers around $280-300/t Market participants throughout Europe have beg...Read More
The Covid-19 pandemic has highlighted the importance of regional supply chain security for critical materials like cobalt, the president and chief executive officer of First Cobalt said. According to Trent Mell, the increasing trend toward electric vehicles (EVs) has added to the impetus to ensure that a reliable and ethical supply of refined cobalt is available for use in batteries. "If the Covid...Read More
The three-month copper price on the London Metal Exchange rose by 2.3% day-on-day to close at $5,690 per tonne on Friday June 5, after a strong day of trading with a turnover of more than 23,300 lots.LME three-month copper had its best week since September 2018 in the week ended June 5, reaching a high of $5,698 per tonne on Friday. On Monday, it had opened at $5,400 per tonne, but on Friday it op...Read More
An overview of the battery raw materials markets and their latest price moves.Read More
New Day Aluminum Holdings, the parent company of Noranda Bauxite, Noranda Alumina, and Niche Industrial Chemicals, on June 2 announced the appointment of John Habisreitinger as chief operating officer.New Day produces bauxite for metallurgical and non-metallurgical applications in Jamaica, and...Read More
Bob Moriarty ArchivesJun 5, 2020Part of the reason might be that their silver projects in Mexico used to be owned by Mag Silver until two years ago. Mag spun off a number of their great silver projects that they just didn’t have the bandwidth to move forward into a private company named Reyna Silver.Reyna is just finishing up a reverse takeover and will be trading publicly in the next week o...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday June 5.China The domestic market has stabilized while immediate availability of material has continued to be tight. The export market was unchanged, with an absence of trading activity....Read More
The company announced a placement to new and existing institutional investors to raise up to £16 million. The issue price is 21.5p, a discount to its Thursday closing price of 24p.Read More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF), a leading creator and publisher of counter culture mobile games, has signed and in-bound and out-bound representation agreement with Treimage LLC, Branding Licensing Consultants with expertise in celebrities, artists and unique brands that are an integral part of today's culture."Successful products begin with great Intellectual Property "IP" as a...Read More
The proposals for NEVs, which encompass electric vehicles, came from a number of delegates attending the 13th sessions of the National People's Congress (NPC) and Chinese People's PoliticalRead More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday June 5. Japan and South Korea Indian suppliers further pushed up offer prices on increased raw material expenses and tight supply caused by the country's Covid-19 lockdown. The higher offer prices underpinned high-carbon ferro-chrome prices in Japan and...Read More
Adam HamiltonArchivesJun 05, 2020 The gold miners' stocks just rolled over into a correction, raising concerns about the staying power of their massive post-panic upleg. These higher prevailing gold prices have driven very-strong fundamentals at the gold miners. But they are entering the seasonally-weak summer doldrums. And current sentiment and technicals play major roles in governing when uplegs...Read More
The Covid-19 pandemic has highlighted the importance of regional supply chain security for critical materials like cobalt, the president and chief executive officer of First Cobalt said. According to Trent Mell, the increasing trend toward electric vehicles (EVs) has added to the impetus to ensure that a reliable and ethical supply of refined cobalt is available for use in batteries. "If the Covid...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 272,19653,16237,007108,654365,277417,857455,446 Change from Prior Reporting Period -15,9522,928-2,944-23,323-41,022-42,219-41,038 Traders 20260715556284161 Small Speculators LongShortOpen Interest 57,88820,299475,745 -1,410-2,591-43,629 non reportable pos...Read More
By: Ira EpsteinGold is in a correction, but strong supports in the $1,600's:Read More
An overview of the battery raw materials markets and their latest price moves.Read More
While the government has encouraged regulatory agencies to use virtual meetings to avoid face-to-face meetings, in practice, that has not been so simple for public hearings related to the award of concession contracts or prior consultation processes, Angela Salazar, head of mining at Lloredo Camacho said on a Colombia Mining Legal Tour webinar."The ANM [National Mining Agency] has implemented a mi...Read More