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May 18, 2019 / ow.ly

An estimated 1,300 EVs ordered in B.C. in just two weeksRead full newsRead More

Canadian Mining Stocks Backed by Report and Gold Hopes

May 17, 2019

The publication of PwC’s BC Mine report gave a boost to Canadian mining stocks this week with news that gross revenues from mining in British Columbia reached a record high last year.   BC miners posted gross revenue of C$12.3 billion, compared with C$11.7bn in 2017, even as capital expenditures fell to C$1.2bn, from C$1.5bn. The revival of the Golden Triangle by an exciting array of...Read More

De Beers, Namibia to spend $468m on world's first custom-built diamond searching ship

May 16, 2019 / www.mining.com

Debmarine, a 50/50 joint venture between world's No. 1 diamond producer by value, De Beers, and the government of Namibia, will build a $468 million-diamond recovery ship, the world's first custom-made vessel of such a kind and the seventh in the company's fleet.The vessel, slated to start operations in 2022, would add about 500,000 carats per year of production capacity to Debmarine Namibia's out...Read More

Vale Canada and Terrapure recognized for reclamation efforts

May 16, 2019 / www.mining.com

Following the development of a reclamation program that involves the application of treated biosolids to the Central Tailings Area at the Copper Cliff nickel mine in Ontario, Vale Canada and its partner in the project, Terrapure Environmental, received an Environmental Leader Award for Project of the Year.Instead of incinerating or landfilling nutrient-rich organics, Terrapure worked with Vale to...Read More

Anglo Asian's Azerbaijan gold output rises 22% in 2018

May 16, 2019 / www.mining.com

Azerbaijan's leading gold mining company, Anglo Asian Mining, said on Thursday its gold output rose 22% in 2018 to 72,798 ounces from 59,617 ounces in 2017.London-listed Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture with the Azeri state in which the company holds 51%.The company said its total production of gold-equivalent ounces (GEO), which includes other metals,...Read More

British Columbia miners post record revenues in 2018

May 16, 2019 / www.mining.com

British Columbia's mining sector posted positive results for the second straight year in 2018 coming off a period of lower commodity prices and reduced activity, according to PwC Canada's latest BC Mine report.In total, BC miners posted a record high gross revenue of C$12.3 billion, compared with C$11.7 billion in 2017. Capital expenditures also fell to C$1.2 billion from C$1.5 billion.Key contrib...Read More

BHP to keep #Nickel West, Rio looks to Jadar lithium for battery boom

May 15, 2019 / bit.ly

The biggest mining companies say they are well positioned to provide the metals needed for the shift to EV technology.Read full newsRead More

Without U.S.-China trade war, copper price would be higher -Antofagasta chairman

May 12, 2019 / www.mining.com

A trade war between the United States and China is depressing the price of copper and the red metal would be 5% to 15% higher without the dispute, the chairman for Chile's Antofagasta Plc told a Chilean newspaper on Sunday."Without the commercial war, I am convinced that the price of copper would be between $3.20 and $3.50 per pound," Jean-Paul Luksic said in an interview with El Mercurio.Despite...Read More

Northern Canada's Mining Boom puts Nunavut in the News

May 10, 2019

Canada’s remote Nunavut boasted the best economic growth rate in the country last year, as Statistics Canada this week revealed that a jump in construction and mining contributed to a GDP rise of 10%. Much of the construction activity was also down to mining news, as work on the development of Agnico Eagle’s Meliadine and Amaruq gold mines continued. Agnico Eagle Mining (TSX: AEM) pour...Read More

Morgan Stanley today noting construction delays in the much-discussed QMB HPAL #nickel plant in Indonesia. First pr...

May 07, 2019 / twitter.com

"Morgan Stanley today noting construction delays in the much-discussed QMB HPAL #nickel plant in Indonesia. First production pushed back to 2021, at 40% lower capacity than originally envisioned @AndyHomeMetals @BaseMetals @BloombergNEF"Read full newsRead More

Vale Q1 2019 #nickel production miss. Production of 55kt (down 31% q/q and 22% y/ y) due to scheduled maintenance a...

May 08, 2019 / twitter.com

"Vale Q1 2019 #nickel production miss. Production of 55kt (down 31% q/q and 22% y/ y) due to scheduled maintenance at the Matsusaka refinery, which affected Indonesia, and lower-than expected production at VNC and in Brazil (Scotiabank)"Read full newsRead More

Vale posts $1.64B loss for quarter marred by deadly dam burst

May 09, 2019 / www.mining.com

Brazil's Vale SA on Thursday reported a $1.64 billion quarterly net loss as the world's top iron ore miner struggled with the aftermath of one of the country's deadliest mining disasters.The first-quarter loss was driven by a series of provisions for the cost of the disaster, including $2.42 billion for compensation and remediation programs and $1.86 billion for shutting down dams.The company shut...Read More

Acacia Mining hits back at parent Barrick in Tanzania row

May 09, 2019 / www.mining.com

Acacia Mining on Thursday hit back at parent company Barrick Gold Corp's allegation the miner was an obstacle to solving a long-running tax row in Tanzania.Barrick CEO Mark Bristow said in a results presentation on Wednesday that Acacia was not cooperating, prompting Acacia to demand clarification from Barrick.Acacia's interim Chief Executive Officer Peter Geleta said in an interview that Acacia w...Read More

Hong Kong exchange to launch dollar-denominated mini contracts for base metals

May 06, 2019 / www.mining.com

The Hong Kong Futures Exchange (HKEX) plans to launch dollar-denominated mini contracts for six base metals in the coming months, the head of market development at the London Metal Exchange (LME) said on Monday. The standardised monthly futures contracts will reference LME prices and are being launched to "broaden access in the region for LME priced contracts", Robin Martin told an industry event...Read More

. @IvanhoeMines_ Founder and Co-Executive Chairman Robert Friedland joins us at Mining Journal Select to provide hi...

May 03, 2019 / twitter.com

". @IvanhoeMines_ Founder and Co-Executive Chairman Robert Friedland joins us at Mining Journal Select to provide his insights on the key issues facing the mining industry today. #MJS #MJSelect #Mining #MiningInvestment"Read full newsRead More

According to @Junior_Stock, FPX Nickel offers "the best bang for your buck in terms of #nickel juniors out there."

May 02, 2019 / twitter.com

"Sell in May and Go Away? My thoughts on the current market. Plus some commentary on 5 companies that I have been buying over the last couple of weeks. https://t.co/LtpOUA9bdZ"Read full newsRead More

Canada's uranium and nickel stocks shine

May 03, 2019

Nickel mining stocks were boosted this week by positive reports on demand for the metal and a major deal that takes a Canada nickel mining company into uncharted territory.   Pure Nickel (TSXV: NIC) took a big step to diversifying its portfolio and focus this week in a deal that sees it become the majority developer of an Idaho gold project. In a complex all-share agreement with junior mini...Read More

China's CATL starts mass production of high #nickel 811 batteries

May 01, 2019 / ca.news.yahoo.com

The so-called NCM 811 battery, which contains 80 percent nickel, 10 percent cobalt and 10 percent manganese, has a longer lifespan and allows electric vehicles to go further on a single charge, a key point of EV performance.Read full newsRead More

BMO report today noting the ongoing shift to higher quality in Chinese stainless steel production with higher...

April 30, 2019 / twitter.com

"BMO report today noting the ongoing shift to higher quality in Chinese stainless steel production with higher #nickel content"Read full newsRead More

Pure Nickel up 200% on Eric Sprott deal

April 30, 2019 / resourceworld.com

The Neal Project in Idaho, USA. Source: Pure Nickel Inc.Pure Nickel Inc. [NIC-TSXV; PNCKF-OTC] said Tuesday April 30 that it has signed a deal with a numbered company controlled by Eric Sprott that outlines the arm's length terms for the acquisition by Pure Nickel of a 51% interest in the Neal Development Ltd. Partnership from Sprott Mining, and the option to acquire an additional 27% of the Neal...Read More