Glencore "will not hesitate bringing back online part or all" of its Mutanda copper-cobalt asset in the Democratic Republic of Congo, head cobalt trader David Brocas said.But a restart is conditional on a clearer profile for cobalt consumption including a long-term commitment to cobalt purchases from buyers, he added on Tuesday May 18 during the Cobalt Institute's annual conference."We want a stab...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.Fastmarkets assessed Cobalt...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.Fastmarkets assessed Cobalt alloy grade,...Read More
A summary of the financial results for Indian steelmaker Jindal Stainless Ltd (JSL) of its fourth quarter ending March 31 of its 2020-21 business year.In brief A strong recovery in domestic stainless steel demand continued in the January-March period, JSL said.There was a healthy revival in demand at JSL's pipe & tube segment, along with railways & allied infrastructure, including the metro segmen...Read More
German steelmaker Thyssenkrupp has signed a joint letter of intent with recycler TSR to explore the use of high-quality scrap in its blast furnaces to reduce carbon emissions, the company said on Monday May 17.The use of recycled raw materials in blast furnaces helps to strengthen the circular economy, reduces use of carbon-containing reducing agents and decreases carbon dioxide (CO2) emissions, a...Read More
Centerra Gold (TSX: CG) has kicked off a series of measures to protect shareholder rights after Kyrgyzstan seized control of the company's Kumtor gold mine on May 17.On a conference call with reporters and analysts today, CEO Scott Perry said the Toronto-based miner is already in contact with Canadian and English authorities, which have offered their support."As a significant investment partner of...Read More
This week's episode features a Thought Leadership segment with Illumiti partner Rory Friedman, who discusses the different ways to administer a mining company using the latest digital tools. Rory explains how scalable solutions now exist that can help organizations grow from a two-person operation to a company with several thousand employees. All this and more with host Adrian Pocobelli.Music Cre...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has unveiled a preview of its final showcase of rare pink, red and blue diamonds from its iconic Argyle mine in the remote east Kimberley region of Western Australia.Argyle, the world's biggest and the main global source of high-quality pink diamonds, ceased operations on November 3, after 37 years in production.During that time, it churned out 865 million...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has more than doubled the inferred mineral resource of the Calibre gold deposit at its Citadel copper-gold project, a joint venture with junior Antipa Minerals (ASX: AZY), in Western Australia's Paterson province.Following drilling completed in 2020, the inferred resource has been increased by 62% to 2.1 million ounces of gold (previously 1.3 million ounce...Read More
The S&P/TSX Venture Composite Index fell 2.47% to finish the trading week at 931.38. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per ounce.Filo Mining jumped $3.57 to $7.57 per share. The company reported it has discovered a new zone of high-grade copper, gold and silver mineralisation at its Filo del Sol deposit in Argentina's San Juan province. Highlights included drillhol...Read More
Copper closing in on real record territoryRead full newsRead More
Canada 'very concerned'Read full newsRead More
Production lifted 6% despite turmoilRead full newsRead More
The top U.S. fuel pipeline operator said its lines were fully operational on Monday, but it will take some time for supplies to recover fully from a cyberattack that left thousands of gas stations without fuel.Read full newsRead More
BURITICA, Colombia - When China's Zijin Mining paid $1 billion to buy an extensive gold mine in the Colombian Andes in late 2019, security risks were a top concern, despite an operation by the military which had beat back illegal miners.Read full newsRead More
SECACO, Burkina Faso (AP) - For months, human traffickers beat and drugged Blessing,...Read full newsRead More
Located in one of Russia's most prolific gold mining provinces, Polyus' Olimpiada reigns as the top producing operation.Read full newsRead More
/PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (Read full newsRead More
While most new investors think you need a significant amount of capital to start investing in the equity markets, you can look to buy lower-priced stocks that have strong fundamentals. Investing in the stock market carries certain risks. You need to identify companies that have the potential to consistently beat the broader markets and deliver outsized returns over the long term.I have selected th...Read More
With the pandemic recovery still in its early stages, hints of inflation are taking stocks on a volatile ride. Amid this volatility, the search for defensiveness is ramping up once again for many investors.Those seeking defensive gems have come to the right place. Here are three options I think provide the perfect defensive posture for investors today.Barrick GoldThere’s perhaps no more defe...Read More