China's domestic rebar prices dipped on Tuesday October 13 due to a drop in demand amid a weakening of the futures market.DomesticEastern China (Shanghai): 3,710-3,740 yuan ($551-555) per tonne, down by 10 yuan per tonneBuyers cut their procurement rates during the day, having done some replenishment over last Friday and Monday.A trader said his customers were planning to wait out the spot market...Read More

Base metals prices on the London Metal Exchange were weaker across the board this morning, Tuesday October 13, while those on the Shanghai Futures Exchange were either unchanged or firmer, as were equities. Equities seem to be maneuvering for a United States democratic presidency and all the extra stimulus that might bring. But LME metals are not following equities this morning. Base metalsTh...Read More

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade 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.Read More

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....Read More

Stainless steel sheet prices in the United States have again risen in line with higher surcharges, while demand levels increased and lead times extended, Fastmarkets understands.Fastmarkets' price assessments for stainless steel 304 cold-rolled sheet, fob mill US and for stainless steel 304L cold-rolled sheet, fob mill US rose to $127 per hundredweight and $129 per cwt respectively on Monday...Read More

OceanaGold (TSX: OGC) has implemented the permanent lay-off of 496 employees at its Didipio gold and copper mine, located across the Nueva Vizcaya and Quirino provinces on the island of Luzon, Philippines.Along with the termination of direct employees, approximately 400 people working as contractors are also impacted, according to the miner."The company may be required to implement a second-round...Read More

This week's episode features highlights from the ground-breaking ceremony for Iamgold's C??t?(C) gold project in Ontario. Speakers at the event included Prime Minister Justin Trudeau, Premier Doug Ford and Mattagami First Nation Chief Chad Boissoneau, all of whom emphasized the high paying jobs that would result from the project. The speakers also discussed how the mining industry could play a rol...Read More

The future of the Ekati diamond mine in Canada's Northwest Territories remains uncertain after Dominion Diamond Mines announced that a deal to sell it to a subsidiary owned by its parent company, The Washington Companies, has fallen apart.Dominion Diamond reported on Oct. 9 that three insurance companies - Aviva Insurance Company of Canada, Argonaut Insurance and Zurich Insurance - had reached "an...Read More

Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in Canada's Nunavut territory, an association that mirrors what can be found in South Africa's Witwatersrand Goldfields.The Witwatersrand Goldfields comprise the world's biggest gold deposit, responsible for more than 40% of the gold ever min...Read More

Customs officials in southern China have impounded just under 10,000 tonnes of copper 'concentrates' after it turned out to be smelting waste, which is prohibited from entering the country.Customs inspectors at Fangchenggang, in Guangxi province in southern China, said the cargo was reported by a Shanghai-based company as copper concentrates - a feedstock used by copper smelters for making refined...Read More

BHP (NYSE: BHP; LON: BHP) has reached an eleventh-hour deal with a coalition of Aboriginal land councils, as shareholders were pushing for a halt to all mining on sacred Indigenous sites leading up to a vote on the matter in Wednesday's annual general meeting.The move follows increased pressure on miners to protect cultural landmarks after Rio Tinto (LON: RIO) blasted a 46,000-year-old sacred site...Read More

According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal's use in widespread applications, from power generation and electricity distribution to iPhones.Since the end of March, the price of the base metal has recovered remarkably well, rising from barely US$4,900 per tonne to over US$6,60...Read More

While digital transformation has rocked the mining industry, the pandemic accelerated the shift to remote working, amplifying the demand for state-of-the-art technology to keep teams virtually connected to on-the-ground operations.TIMining, a global technology company dedicated to the mining industry with offices in Santiago and Perth, has multiple software platforms for different processes being...Read More

A group of Indonesian state-owned companies will form a venture to make batteries to power electric vehicles, the Mining Industry Indonesia (MIND ID) chief executive said on Tuesday.Read full newsRead More

When miners at Indonesia's giant Grasberg gold and copper mine started testing positive for coronavirus early in the pandemic, the mountain-top mining complex was quickly locked down with a skeletal staff left in place to maintain production.Read full newsRead More

At the height of the GFC investment bankers used an acronym to shield themselves from their own actions. IBGYBG.Read full newsRead More

Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More

Gambier Gold Corp. (TSX-V: GGAU) is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to $450,000 by way of the issuance of up to 3,000,000 units of the Company at a price of $0.15.Read full newsRead More

Initial JORC compliant Inferred Mineral Resource estimate of 88.6koz at 7.47g/t goldRead full newsRead More

Sentinel Resources Corp. is pleased to announce that it has acquiRead full newsRead More