The Contact deposit has 8.2 million tonnes grading 3.1g/t for 811,000 ounces, including an indicated 4.4Mt at 3.6g/t for 510,000oz. Contact is one of three deposits at the project with total resources of 33Mt at 2.1g/t for 2.2 million ounces.A scoping study is said to be pending, while four rigs are drilling at the project.Also imminent is an update from the company with regards its strategic ambi...Read More

Aguia said official hearings on the environmental impact assessment for the project were "anticipated to occur in the next three to four months", after which the company expected to be "granted the preliminary licence".Assuming that all goes to plan - and the EIA is the final regulatory requirement ahead of development - Aguia needs to find about US$84 million to build and start operating a projec...Read More

The first hole of 13 planned at Secret Pass as part of a 15,000m drilling programme intersected 70.07m at 1.79g/t gold from 152.86m."Exploration potential in this area is excellent and Northern Empire's recent acquisition of the Rosie claims, directly south of Secret Pass deposit, gives our team access to highly prospective drill targets," president and CEO Michael Allen said.Secret Pass is a past...Read More

Metminco's Australia-listed shares have, as expected, more than halved, one of its key investors has ceased to become a "substantial holder" and - in a related move - director Ram Venkat has departed.Read More

Acclaimed as one of Britain's leading developers of mineral processing science, Rotherham-based Metalysis is commercialising a technology invented at Cambridge University that uses an electrolytic process to reduce metal oxides and ores into pure metal and alloys.Read More

Western Australia iron ore asset president Edgar Basto said the company's South Flank iron ore project was scheduled to be submitted for board approval mid-year and if approved, Mining Area C would become the world's largest stand-alone iron ore mining and processing centre.Fellow diversified major Rio Tinto (LN:RIO) closed up 1.3% in London yesterday after announcing a debt reduction programme an...Read More

"In the last five years, we've seen global wind-generated capacity more than double, solar PV capacity more than quadruple and EV sales grow at 59% per annum," she said at the CRU Metals in the Future 2018 conference on Tuesday.Read More

Darryn Quayle, the UK Department for International Trade Infrastructure group's mining specialist, said at the CRU Metals in the Future 2018 conference this week that miners needed to do things differently to get communities on board right from the start of any project, as well as redress what has been done in the past.Read More

Eco Oro said it had invested more than $250 million to develop the project, in the mountains about 400km north-east of the capital Bogota, which contained a measured and indicated resource of 2.21 million ounces of gold at 4.57g/t.Read More

It's very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main price drivers for gold.From 1960 to 1980, US recessions were generally inflationary, and the Fed raised rates during that period....Read More

Last year was a great year for copper and zinc producers. Copper price surged by 30% to US$3.27 a pound in 2017, reaching a four-year high. The copper price has gained more than 50% in value since hitting a multi-year low at the beginning of 2016.The rally for zinc has been even more spectacular, ending 2017 at a decade high of US$3,330 a tonne. The zinc price has more than doubled since it hit bo...Read More

It's very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main price drivers for gold.From 1960 to 1980, US recessions were generally inflationary, and the Fed raised rates during that period....Read More

Asia needs nuclear energy to meet its economic, energy and environmental goals, but such plans are still in the development phase in the South East region of the continent, Agneta Rising, director general of World Nuclear Association, said today. Addressing delegates at the Sustainable Energy Technology Asia 2018 conference in Bangkok, Thailand, Rising noted that nuclear power generation is growin...Read More

China has completed a "large-scale demonstration project for a new generation of uranium enrichment centrifuges", China National Nuclear Corporation (CNNC) announced yesterday. The new centrifuges have now been put into production at the Hanzhun fuel facility in Shaanxi province.Operators of the demonstration centrifuge project (Image: CNNC)The project was independently researched and developed by...Read More

Base metals prices on the London Metal Exchange closed higher across the board on Wednesday March 21 after the dollar weakened slightly. The three-month copper price staged a recovery back toward the $6,800 per tonne support level. The red metal has come under pressure in recent days following easing supply concerns. Aluminium and nickel price remained rangebound, both closing marginally higher wh...Read More

Major international mining companies active in the Democratic Republic of Congo (DRC) previously supported work on the new mining code by the country's Chamber of Commerce and are unfair to criticize the association, it said. The country's largest foreign miners, including Randgold Resources, AngloGold Ashanti, Glencore plc, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (PTY)...Read More

Comex copper prices bounced back on Wednesday March 21 ahead of the conclusion of the US Federal Reserve meeting with the dollar experiencing a bout of weakness. Copper for May settlement on the Comex division of the New York Mercantile Exchange inched up 0.75 cents or 0.3% to $3.0455 per lb. Yesterday, the contract hit a three-month low. "Today, the Fed concludes its two-day policy meeting which....Read More

Buying from Chinese manganese smelters might slow down but strong market fundamentals will support manganese prices, participants said during a panel discussion at the Asian Ferro-Alloys Conference in Hong Kong on Wednesday March 21.On the supply side, current inventories at the Chinese ports of Tianjin and Qinzhou are around 2.0-2.1 million tonnes, according to Metal Bulletin's assessment on Marc...Read More

BHP (AU:BHP) had a positive day in Australian trade after telling a Global Iron Ore and Steel Forecast conference in Perth that emerging Asia would drive steel demand.Staff reporterMajor project nearing approval21 MARCH 201821/03/2018commentsshareWestern Australia iron ore asset president Edgar Basto said the company's South Flank iron ore project was scheduled to be submitted for board approval m...Read More

Key data from the Wednesday March 21 pricing session in Europe.Ferro-titanium 70% (max 4.5% Al), $ per kg, delivered duty-paid in EuropeTodayPreviousChange to midpoint of rangeMidpoint % change4.655.3-0.075-1Titanium scrap turnings, unprocessed (max 0.5% Sn) $ per lb, cif European ports Titanium scrap turnings, unprocessed (0.5-2% Sn), $ per lb, cif European ports...Read More