Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5%...Read More
In October, the wheels started turning on one of the world's largest conveyor systems. Once in full operation, 14 kilometres of belts will bring 140,000 tonnes of ore a day to surface from huge tunnels carved out beneath Codelco's giant Chuquicamata pit in northern Chile.The operation represents the future of Chile's mining industry, Chilean President Sebastian Pi??era said at its inauguration in...Read More
Endeavour Mining (TSX: EDV) and Egypt-focused miner Centamin (TSX: CEE; LON: CEY) have agreed to assess the merits of a merger that would create a mid-tier gold company with an almost $4-billion market value and annual output of more than 1.2 million ounces.The announcement follows weekend talks in Perth, Australia, between Endeavour's chief executive, S?(C)bastien de Montessus, and Centamin's cha...Read More
Equinox Gold (TSX: EQX) has become the latest Canadian gold miner to acquire a smaller rival and consolidate portfolios after announcing the acquisition of Leagold Mining (TSX: LMC) for $769.3 million (US$578 million).The offer, which implies a no-premium consideration of $2.70 per share, will add Leagold's four mines in Mexico and Brazil to Equinox's portfolio, consisting of two mines in Californ...Read More
U.S. President Donald Trump signed off on a phase-one trade deal with China on Dec. 13 to avert a planned round of tariffs on US$160 billion of consumer goods. The news sent copper rallying to a several-month high of over US$6,170 per tonne (US$2.80 per lb.), and generated renewed optimism for the red metal's fundamentals heading into 2020.Consensus forecasts for copper are guardedly bullish headi...Read More
The Dow Jones Industrial Average rose 0.43% to 28,135.38 and the S&P 500 Index gained 0.73% to 3,168.80. Spot gold climbed US$16 per oz. to finish at US$1,475.70 per ounce.Shares of Rio Tinto jumped US$2.35 to US$57.72 on news about its Oyu Tolgoi mine in Mongolia. The company announced unanimous approval of a resolution by the Mongolian parliament that instructs the government to look for ways to...Read More
The S&P/TSX Venture Composite Index moved 0.50% higher to 540.53, while spot gold finished at US$1,475.70 per oz., up US$16 per ounce (1.10%).Shares of Victoria Gold jumped 51 ? to $8.56 in the wake of assay results from trenches in the Nugget zone - part of its Raven discovery in the Yukon. The latest assay results extend surface mineralization over 200 metres east and 250 metres southeast from t...Read More
The S&P/TSX Composite Index rose 0.04% to 17,003.10. The S&P/TSX Global Mining Index rose 3.80% to 80.99 and the S&P/TSX Global Base Metals Index gained 4.97% to 109.84. Spot gold climbed US$16 per oz. (1.10%) to US$1,475.70 per oz., and the S&P/TSX Global Gold Index advanced 3.02% to 251.40.Kirkland Lake Gold topped the list of value gains during the trading week, jumping $3.03 to $56.64 per shar...Read More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesTulkubash, Kyzyltash to add 400,000ozpa to Chaarat profileSPONSOREDThe answer, unfortunately for diamond mining companies, is that an increasing number of consumers are choosing synthetic diamonds over the mined vari...Read More
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"Exclusive Mining Journal - @LSEplc panel - #London is still the home of big #money for mature #opportunities - Find out more - https://t.co/wJUOrjJxEL#aspermont #mining #mjselect #miningnews #finance #stocks #equities"Read full newsRead More
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Dec 13- Gold prices edged higher in volatile trading on Friday as investors remained cautious about the developments in the United States and China trade negotiations that helped boost equities to record highs. U.S. stocks hit record levels on Friday after China said first phase trade talks with U.S. have achieved major progress and that Beijing would cancel...Read full newsRead More
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months* U.S. dollar holds near 5-month low* Palladium hits record high...Read full newsRead More
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