For a province of just over a million people, Saskatchewan punches above its weight in the Canadian mining industry. While potash and uranium continue to be mainstays in the province, there has been increasing diversification within the sector to include base metals, lithium, diamonds and rare earth elements.Like the rest of the country, Saskatchewan went into a lockdown in March as Covid-19 sprea...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has retained B.C.-based Blue Coast Research to complete metallurgical test work and consulting for its Dixie gold project in Ontario's Red Lake district.The test work is expected to provide the gold explorer with metallurgical recovery estimates and processing flow sheet recommendations for the Dixie project zones, which are required to publish an in...Read More
Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) has cleared an important hurdle to develop what it would be the African nation's largest mine of the precious metal.GDI, 50% owned by Russia's Vi Holding and Zimbabwean investors, said the African Export-Import Bank had completed a due diligence study allowing it to proceed with a $500 million funding program for the Darwendale proje...Read More
A recent article Gates, Bezos-backed firm searching for cobalt in Canada (www.mining.com, Jul. 7, 2020), highlighted some of the recent positive events for cobalt exploration in Canada and a company that these tech gurus have formed, KoBold Metals.KoBold Metals is a start-up mining venture set to explore for cobalt in Canada, one of the most prolific mining regions in the world. Not only does Can...Read More
Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More
A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.Read full newsRead More
In times of trouble people still turn to gold. What makes it a safe haven? Largely perceptions, based on its historical mystique.Read full newsRead More
Sep 21, 2020 (Baystreet.ca via COMTEX) --Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for...Read full newsRead More
(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More
Japan Gold is pleased to announce acquisition of the Kanehana ProRead full newsRead More
Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion to settle charges from US regulators of spoofing in precious metals and Treasury m...Read full newsRead More
Canadian broader markets have fallen in the last few weeks on the back of the tech sector’s weakness. If you are sitting on cash, consider the following three TSX stocks with solid growth potential for the long term.Maxar TechnologiesThe Canadian stock market has soared more than 40% since March. However, some TSX stocks have substantially rallied since then and outperformed the broader mark...Read More
Hours before a patchwork federal police force dispersed protesters from the White House with tear gas so Donald Trump could have his picture taken with a bible, the Defense Department's lead military police officer sent out a call for a "heat ray" that could be used to scorch the skin of American citizens.The weapon, known as an Active Denial System, is a form of directed-energy weapon (or laser w...Read More
Here are five Fastmarkets stories you might have missed on Thursday September 24 that are worth another look.Brazilian ferrous scrap association Inesfa expects further decreases in export volumes from the levels seen in August, with demand rising among local steelmakers amid a heated steel market, the group's president, Clineu Alvarenga, said...Read More
London Metal Exchange three-month base metals prices were universally trading lower in the morning session on Thursday September 24, with sustained strength in the dollar index - trading at a six-week high - and macro uncertainty driving down futures prices. The dollar continues to trade above 94 today, most recent trading around 94.53 this morning, acting as an effective headwind for metals tradi...Read More
China's imports of unwrought aluminium and aluminium products increased by more than eightfold on a year-on-year basis in August, according to Chinese customs data released on Wednesday September 23.This follows a more-than-sixfold increase in the country's light metal imports in July.Copper imports also...Read More
Here are five Fastmarkets stories you might have missed on Thursday September 24 that are worth another look.Brazilian ferrous scrap association Inesfa expects further decreases in export volumes from the levels seen in August, with demand rising among local steelmakers amid a heated steel market, the group's president, Clineu Alvarenga, said...Read More
Slovak ferro-alloys producer OFZ Slovakia is producing a reduced rate of ferro-silicon, compounding other European plants that have cut production in response to the fall in consumption from steelmakers struggling to tackle end-user demand, an industry source told Fastmarkets.OFZ Slovakia is operating only two of its four ferro-silicon producing furnaces, with the rest of its furnaces producing ma...Read More
The initial public offering (IPO) by Chinese battery materials producer CNGR Advanced Materials Co Ltd has been approved, according to a document filed to the Shenzhen Stock Exchange on Wednesday September 23. CNGR has been given the greenlight to be listed on the second-board market and the company plans to sell up to 56.97 million shares to domestic investors. The battery materials producer expe...Read More
Here are five Fastmarkets stories you might have missed on Thursday September 24 that are worth another look.Brazilian ferrous scrap association Inesfa expects further decreases in export volumes from the levels seen in August, with demand rising among local steelmakers amid a heated steel market, the group's president, Clineu Alvarenga, said...Read More