Rio Tinto has signed an agreement to provide a first commercial batch of aluminium-scandium alloy from its North American operations to Australia-based metal additive manufacturer Amaero International Ltd.The company will deliver alloy billets made of low-carbon aluminium from its hydro-powered Canadian smelters and high purity scandium oxide from its Rio Tinto Fer et Titane (RTFT) metallurgical c...Read More
S&P Global Market Intelligence's annual World Exploration Trends Report was released this week and shows that the global budget for nonferrous metals exploration decreased 11% to an estimated $8.7 billion in 2020 from $9.8 billion in 2019.The total exploration budget of $8.7 billion includes estimates for companies budgeting less than $100,000 and private companies. Over half of that amount was de...Read More
The front-end loading engineering (FEL-1) analysis for the second phase of Nouveau Monde Graphite's (TSXV:NOU; OTCOX:NMGRF; FRANKFURT:NM9) lithium-ion anode project in B?(C)cancour, Que., is complete. The study concludes that the new plant will produce 42,000 tonnes of anode material and 3,000 tonnes of purified flake graphite can be produced annually. It will also produce micronized graphite by-p...Read More
Franco-Nevada's (TSX, NYSE: FNV) fourth-quarter and full-year results release includes 'record' annual results, two new stream and royalty additions as well as a 15.4% increase to the quarterly dividend, starting in June.The company has also announced that it has adopted a goal of at least 40% of diverse representation at the board and senior management levels.Last year, Franco-Nevada sold 521,564...Read More
NexGen Energy (TSX: NXE; NYSE: NXE) has closed its previously announced $150-million bought deal financing. The company issued 33.4 million common shares at a price of $4.50 per share. The underwriters, led by BMO Nesbitt Burns and Canaccord Genuity were also granted a 30-day option to purchase up to an additional 5.0 million shares under the same terms.The proceeds of the offering will be used to...Read More
There's a risk that copper price volatility will be amplified amid a ramp-up in investor appetite for the red metal and an extremely tight physical market, leaving the sector seriously unprepared, Drakewood Capital Management's managing director said. David Lilley, who founded the commodities investment management company, said during Fastmarkets' Copper Seminar that the metal is coming off a...Read More
Micon Awarded Front End Engineering Design and Definitive Feasibility StudySPONSOREDmicon internationalSolaris Resources on winning streak in EcuadorSPONSOREDsolaris resourcesLynn Lake the next major nickel sulphide discovery?SPONSOREDcorazon miningDavyhurst back producing gold; can it produce a lot more?SPONSOREDora banda miningOccasionally, the mining industry is so unquestioningly dominated by...Read More
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Electric Royalties Ltd. (TSXV: ELEC) ("Electric Royalties" or the "Company") is pleased to announce that it has entered into an agreement with Globex Mining Enterprises Inc. (GMX-TSX, GLBXF-OTCQX International, G1MN-Frankfurt) ("Globex") to acquire two royalties. PDF of full Press Release.Read full newsRead More
NEW YORK, March 10, 2021 /PRNewswire via COMTEX/ --NEW YORK, March 10, 2021 /PRNewswire/ -- Gold prices rebounded about 2% on Tuesday, surpassing the key...Read full newsRead More
Newmont Corporation and GT Gold Corp announced that the companies have entered into a binding agreement in which Newmont will acquire GT Gold.Read full newsRead More
NEW YORK, March 10, 2021 /PRNewswire via COMTEX/ --NEW YORK, March 10, 2021 /PRNewswire/ -- Gold prices rebounded about 2% on Tuesday, surpassing the key...Read full newsRead More
Senior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developmentsRead full newsRead More
Artisanal mining is considered the main source of global mercury pollution.Read full newsRead More
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