Portside prices of both low and high-grade manganese ore in China ticked down in the week ended Friday November 20, after many domestic alloy smelters retreated from the market following a wave of restocking that had contributed to price gains in the prior two weeks.Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China was 30.60 yuan ($4.66) per dmtu on November 20,...Read More
Seaborne prices of both low and high-grade manganese ore in China registered further falls in the week to November 20 after falling portside ore prices and continuously rising port inventories continued to weigh on overall market sentiment, sources said.Fastmarkets' manganese ore index 37% Mn, cif Tianjin fell by 13 cents, or 3.4%, week on week to $3.70 per dry metric tonne unit (dmtu) on Friday N...Read More
Since acquiring the Kandiole project in Mali three years ago, Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has served up some of the best drill intercepts in West Africa and made significant discoveries on its large land package, about 25 km east of B2Gold's (TSX: BTO; NYSE-AM: BTG) producing Fekola mine.The Kandiole project, about 400 km west of Mali's capital Bamako, is situated in the Birimian Greens...Read More
Argonaut Gold (TSX: AR) has discovered four new, high-grade gold zones at its past-producing Magino gold project in Ontario. These four zones - Scotland, #42, Sandy and South - are either below or adjacent to the planned Magino pit boundaries and lie between 350 and 700 metres southwest of the known Elbow zone.Drill highlights include 7 metres of 14 grams gold per tonne from Scotland starting at 4...Read More
Silver and gold producer Great Panther Mining (TSX: GPR; NYSE-AM: GPL) has released updated mineral resource estimates for the Guanajuato and San Ignacio underground mines within its wholly owned Guanajuato mine complex (GMC) in Mexico.Combined measured and indicated resources increased by 17%, to 10.2 million silver-equivalent ounces. These ounces are within 821,851 tonnes, grading 199 grams silv...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsMicromine's global summit unpacks the future in mining softwareSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningThe key word in that opening paragraph is historic, not merely because tens of billions of dollars...Read More
Commodities trader Trafigura has inked an agreement with the Congolese government to help improve conditions at informal mine sites in return for cobalt supplies. As part of the offtake deal with state-owned Entreprise G?(C)n?(C)rale du Cobalt (EGC), Trafigura will fund the creation of up to six strictly controlled artisanal mining zones.The company will also install ore purchasing stations in a...Read More
EY Thought Leadership Panel - GMS: November 10th, 2020 from The Northern Miner on Vimeo.Read More
(Updates prices) * U.S. manufacturing, services activity expanded rapidly in Nov * AstraZeneca says COVID-19 vaccine can be 90% effective * Tailwinds behind gold have not yet fully dissipated-analyst * Interactive graphic tracking global spread of coronavirus: open * https...Read full newsRead More
This year's dawning winter rally has great upside potential after the gold and gold stock corrections run their courses.Read full newsRead More
ALX Resources Corp. is pleased to announce that it has executed aRead full newsRead More
Kerr Mines Inc. and Star Royalties Ltd. are very pleased to jointRead full newsRead More
African Gold Group would like to invite shareholders and the geneRead full newsRead More
Gold prices are soaring. The current price stands near US$1830 per ounce. During this time last year, gold prices were trading just over US$1,400 per ounce. Worth noting is that this was itself already a solid $200 gain over 2018 levels. This makes precious metal stocks an intriguing investment option to consider.One example worth noting is Wheaton Precious Metals (TSX:WPM)(NYSE:WPM), which isn&rs...Read More
Despite a weak economic outlook, the steep recovery in equities led many to believe that the market could soon witness a sharp correction. However, the uptrend continued irrespective of the growing disconnect between the economy and the stock market, making it difficult to predict whether the stock market would continue to rise or if the uncertainties would drag it down. While it’s toug...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
Aluminium premiums in China and the United States rose in the week ended Tuesday November 24, while other regions maintained a focus on first-quarter 2021 business.Strong demand in ChinaUS Midwest premiums climbEuropean participants focus on first quarter 2021MJP spot market static.Shanghai premiums up with arb window openAn open import arbitrage window, as well as strong demand in China, helped t...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 24.Please click...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More