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$GLDN @goldenridgeres Announces Increase to Previously Announced Financing to $2,150,000

July 09, 2020 / bit.ly

GOLDEN RIDGE RESOURCES LTD. is announces it has increased its preRead full newsRead More

$QMX @QMX_Gold Reports Strong Results From Bonnefond Shear Zones

July 09, 2020 / bit.ly

QMX Gold Corporation is pleased to release further assay resultsRead full newsRead More

Gold Markets Break Major Resistance as Bullion Rally Continues

July 10, 2020

Gold markets continue their bullish run with a major push higher during the trading session on Wednesday. Gold price surged all the way towards the $1825 level rather early in the session, showing a clear break out of the massive barrier underneath. Analysts have spent months predicting if and when the $1800 level would be reached, but now that the price of gold has cleared it, it is likely...Read More

Wherever the Market Goes, I'm Buying These Top TSX Stocks

July 10, 2020 / www.fool.ca

Almost all TSX stocks have shown a sharp recovery from their record lows in March. Canadian broader markets have soared around 40% in the last three months, marking one of the epic recoveries of all time.However, there are some stocks that are still trading way below their fair values and could be readying for a solid upside. So, if you have some cash, consider these TSX stocks with attractive gro...Read More

This TSX Gold Stock Can Rise 3,164%

July 10, 2020 / www.fool.ca

Kirkland Lake Gold (TSX:KL)(NYSE:KL) is an incredible gold stock. Since mid-2015, shares have exploded higher by 3,164%. That’s 30 times your money in just five years.This January, I’d named Kirkland my favourite gold investment of 2020. Year to date, shares are roughly flat. That’s an incredible outcome considering we just experienced one of the most disruptive economic shocks i...Read More

SSR-Alacer Gold merger gets shareholder approval

July 10, 2020 / www.mining.com

The ????pler mine in eastern Turkey. Image by Alacer Gold. SSR Mining (TSX: SSRM) and Alacer Gold (TSX: ASR)(ASX: AQG) announced Friday the receipt of shareholder approvals for the previously announced at-market merger. In May, Vancouver-based SSR Mining agreed to a deal to acquire its Canadian counterpart in an all-stock, zero-premium deal valued at C$2.4 billion ($1.7 billion).The business co...Read More

Webinar: How can miners integrate technology to improve stakeholder engagement programs?

July 10, 2020 / www.mining.com

Image by Esa Niemel?? from Pixabay. ESG investing has grown roots; communities are more regularly finding their voices; governments want greater assurances around responsible practices; and employees want to work for companies that live up to these higher standards.This remains a frontier for miners. The fourth industrial revolution has, however, provided new tools to aid this transition toward b...Read More

Rio Tinto supports education initiatives in Northwest Territories

July 10, 2020 / www.mining.com

Yellowknife Women's Society's covid-19 isolation shelter. Image from Rio Tinto. Rio Tinto is partnering with the Yellowknife Women's Society in Canada's Northwest Territories to support their covid-19 isolation shelter with a C$150,000 contribution, the company announced this week. As part of Rio Tinto's worldwide community investment in covid-19 relief initiatives, this funding will provide accom...Read More

Eldorado gold production up 50% over Q2 2019

July 10, 2020 / www.mining.com

Olympias tailings area in rehabilitation. (Image courtesy of Eldorado Gold) Eldorado Gold (TSX:ELD)(NYSE:EGO) announced on Friday a Q2 2020 preliminary production of 137,782 ounces of gold, a 50% increase over Q2 2019. Gold production at Kisladag mine in western Turkey increased by 130% over Q2 2019, and 19% over Q1 2020. Increased production was due to higher grade and tonnes of stacked ore an...Read More

QMX infills Bonnefond ahead of resource update

July 10, 2020 / www.mining.com

Drill core. Image by QMX Gold. Infill drilling at QMX Gold's Bonnefond deposit in Quebec has intersected near-surface, high-grade gold. The company has released six drillhole assays from the eastern half of this deposit, which targeted shear zones around a deeper intrusive unit.The drill highlights include 4 metres of 6.02 g/t gold starting at 131 metres and 4.5 metres of 21.29 g/t gold startin...Read More

ALUMINIUM FOUNDRY WRAP: US premium ticks up, but spot trades lacking

July 11, 2020 / www.metalbulletin.com

The US primary foundry alloy premium inched up on Friday July 10 even as spot activity remained muted, supported by improving sentiment as automotive supply chains in the US normalize. Premiums in Europe were unchanged.US premium rises, but market quietFastmarkets assessed the aluminium wheel alloy silicon 7 ingot/T-bar premium, dlvd dup over P1020A Midwest US at 6-9 cents per lb on July 10, up fr...Read More

LIVE FUTURES REPORT 10/07: China liquidity boost inspires LME base metals rally

July 11, 2020 / www.metalbulletin.com

The posting of 1.81 trillion yuan in new Chinese loans early in the European trading session on Friday July 10 led to a rally across all London Metal Exchange three-month base metals prices.LME base metals futures moved higher as fund positioning became less bearish, with bids moving into firmly bullish territory, and all metals, apart from tin, ended the day up compared with Thursday's close."You...Read More

INTERVIEW: Commercial impetus for green aluminium still nascent, IAI says

July 11, 2020 / www.metalbulletin.com

A vast amount of investment will be required to achieve meaningful change in the carbon footprint of aluminium across a broad portion of the industry, and the commercial impetus is not there yet, according to the secretary general of the International Aluminium Institute (IAI). Nonetheless, the industry needs to meet the challenge of changing consumer expectations and work together to collectively...Read More

BATTERY RAW MATERIALS MARKET REPORT 10/07: Cobalt hydroxide well sold; lithium buying still thin

July 11, 2020 / www.metalbulletin.com

An overview of the battery raw materials markets and their latest price moves.Read More

GLOBAL MANGANESE SNAPSHOT: Ore prices still under pressure from high supply; slow recovery hits alloys

July 11, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday July 10.China Seaborne ore prices fell in response to lower offers for August shipments, with some market participants remaining bearish about the near-term outlook due to rising portside stocks and higher-than-expected volumes of cargoes flowing to China (particularly for 37% material). There was go...Read More

GLOBAL FERRO-SILICON WRAP: Tempered summer demand weighs on European market

July 11, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the United States in the week ending Friday July 10.China The spot price range for 75-grade ferro-silicon narrowed downward due to continuing weakness in the magnesium sector, despite major steel mills increasing their July tender prices for 72-grade alloy. Hebei Steel set its final July tender price for 72-grade ferro-silicon at 6,100 yu...Read More

ASX junior announces A$100M raising

July 10, 2020 / www.mining-journal.com

Midwest Resource Finance Group, whose sole director and shareholder is AustSino executive chairman Chun Ming Ding, has agreed to subscribe for 7.7 billion shares in AustSino at 1.3c each.Read More

Alrosa's sale slump continues

July 10, 2020 / www.mining-journal.com

Sales of rough and polished diamonds amounted to US$31.3 million in June, down 22% on the May figure. The company's monthly sales totalled just over US$400 million in January."June sales were expectedly low, as we continue making every effort to maintain stability of the diamond industry and support our customers," said Alrosa's deputy CEO Evgeny Agureev.Alrosa has been offering flexible sales ter...Read More

RPM Global buys Canadian technology

July 10, 2020 / www.mining-journal.com

Revolution's flagship Schedule Optimisation Tool is said to be the industry's only financial optimisation tool for underground mines that lets mine planners improve productivity and profitability by optimising the net present value of the mine schedule.SOT came out of research by the Mining Innovation, Rehabilitation and Applied Research Corporation, a not-for-profit company of Laurentian Universi...Read More

GLOBAL CHROME SNAPSHOT: European FeCr prices drop further as market sinks into seasonal lull

July 11, 2020 / www.metalbulletin.com

Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday July 10.Europe The high-carbon market continued to soften in response to weakening demand with Europe entering the summer slowdown.The low-carbon ferro-chrome market tumbled further to a multi-year low with producers slashing offer prices to win available...Read More

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