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MORNING VIEW: LME base metals prices mixed, but equities firmer on stimulus hopes

October 09, 2020 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were mixed this morning, Thursday October 8, while equity markets were mainly upbeat because US fiscal packages may still be forthcoming. US President Donald Trump changed his tune on Wednesday, from postponing stimulus talks with the Democrats to encouraging them to pass a string of single rescue packages to targeted areas.Likewise, with Democratic...Read More

Trade Log: Cobalt alloy grade, in-whs Rotterdam, $/lb

October 09, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More

Trade Log: Cobalt standard grade, in-whs Rotterdam, $/lb

October 09, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More

EU sets definitive anti-dumping duties on HR flat stainless steel from Indonesia, China, Taiwan

October 09, 2020 / www.metalbulletin.com

The European Commission (EC) has set definitive anti-dumping duties on imports of hot-rolled flat stainless steel products from Indonesia, China and Taiwan, it announced in a document published on Tuesday October 6.The EC initiated an investigation after receiving a complaint from European steel association Eurofer on June 28 last year. The complaint gave evidence of dumping by the countries conce...Read More

Agnico invests $6.2M in Maple Gold Mines, signs JV

October 08, 2020 / www.northernminer.com

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is investing $6.2 million into Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) as the two companies announced they've signed an agreement to consolidate two adjacent land packages in Quebec into a 50-50 joint venture.The agreement, a binding term sheet, will combine Maple Gold Mines' 357-sq.-km Douay gold project in northern Quebec with Agnico's adjacent 39-sq....Read More

Equinox Gold increases reserves, resources at Mesquite mine

October 08, 2020 / www.northernminer.com

Equinox Gold (TSX: EQX; NYSE: EQX) has announced an increase in reserves and resources at its Mesquite open-pit heap leach gold mine in California, 56 km east of Brawley and 84 km northwest of Yuma, Arizona.According to the company, estimated proven and probable reserves increased by 142,267 oz. gold as of June 30, up 28% from the previous estimate in December 2019, and now stands at 37.8 million...Read More

Yamana Gold to begin trading on the London Stock Exchange

October 08, 2020 / www.northernminer.com

Yamana Gold (TSX: YRI; NYSE: AUY) has been officially admitted on the London Stock Exchange, one of the world's oldest markets, where it will begin trading its shares on Oct. 13 under the ticker AUY.The precious metals miner said the listing will give European investors exposure to a pure-play senior gold producer with a portfolio of assets in mining-friendly jurisdictions in the Americas. The Tor...Read More

Lithium demand expected to double by 2024

October 08, 2020 / www.northernminer.com

Global demand for lithium is expected to rise from an estimated 47,300 tonnes in 2020 to 117,400 tonnes in 2024, according to a GlobalData report.Vinneth Bajaj, a senior mining analyst for GlobalData, said the increased demand would drive a corresponding upturn in lithium production over the same period."Lithium metal production is expected to reach 134,700 million tonnes versus 58,800 million ton...Read More

Gold rally lifts top 50 mining stocks above US$1T for first time

October 08, 2020 / www.northernminer.com

MINING.COM's ranking of the world's 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter of 2020.The top 50 most valuable mining companies added US$80.2 billion in market capitalization over the three months to the end of September, thanks to surging gold and silver prices, iron ore prices f...Read More

Sumitomo to sell stake in Sierra Gorda copper mine

October 08, 2020 / www.northernminer.com

Japanese miner and smelter Sumitomo Metal Mining is reviewing its strategic options regarding its minority stake in the Sierra Gorda copper mine in northern Chile, majority owned by Polish miner KGHM.The Asian giant announced that selling its 45% holding in the mine was one of the routes to be explored with its financial and legal advisors, RBC Capital Markets and Sullivan & Cromwell LLP.KGHM, Eur...Read More

No room for gold big guys

October 08, 2020 / www.mining-journal.com

American Pacific permitted to realise $2bn in valueSPONSOREDamerican pacific borate and lithiumPantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesPicking winners is at the heart of the gold mining investment culture.Read More

RT @INN_Resource: .@FPX_Nickel $FPX Increases Private Placement

October 08, 2020 / bit.ly

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DIRead full newsRead More

Gold mining stocks are a buy ahead of the U.S. election, strategist says

October 09, 2020 / dlvr.it

Shares of gold mining companies are well placed for a win-win outcome from November's U.S. election, according to MBMG Group Managing Director Paul Gambles.Read full newsRead More

Gold gleams anew in Australia as Northern Star, Saracen agree to create $11.5 billion miner

October 09, 2020 / dlvr.it

Australian gold miner Northern Star Resources on Tuesday offered to buy smaller peer Saracen Mineral Holdings in an agreed A$5.76 billion ($4.14 billion) deal that will create a global top-10 gold miner by market value.Read full newsRead More

Gold gleams anew in Australia as Northern Star, Saracen agree to create $11.5 billion miner

October 08, 2020 / dlvr.it

Australian gold miner Northern Star Resources on Tuesday offered to buy smaller peer Saracen Mineral Holdings in an agreed A$5.76 billion ($4.14 billion) deal that will create a global top-10 gold miner by market value.Read full newsRead More

RT @nvgoldcorp:

October 08, 2020 / www.caesarsreport.com

The last time we caught up with Peter Ball, President & CEO of NV Gold (NVX.V), we were zooming in on the Exodus gold property in British Columbia which the ...Read full newsRead More

RT @MissionReadyMRS: Mission Ready Announces New Purchase Orders, Provides SOE Protest Update

October 08, 2020 / bit.ly

VANCOUVER, British Columbia, Oct.08, 2020(GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. ("Mission Ready" or the "Company") (TSXV: MRS) is pleased to...Read full newsRead More

.@MapleGoldMines $MGM Announces Joint Venture Partnership and Strategic Investment with Agnico Eagle

October 08, 2020 / bit.ly

Maple Gold Mines Ltd. is pleased to announce the signing of a BinRead full newsRead More

.@NexusGoldCorp $NXS Contracts Driller for Upcoming 3000m Dakouli 2 Maiden Drill Program

October 08, 2020 / bit.ly

Nexus Gold Corp. is pleased to announce it has engaged Forage TecRead full newsRead More

Sentinel Resources $SNL Announces DTC Eligibility and Private Placement Financing of $1,000,000

October 08, 2020 / bit.ly

Sentinel Resources Corp. is pleased to announce that its common sRead full newsRead More

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