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Wesdome expands Kiena Footwall zone, possible mining restart by year-end

May 20, 2021 / www.northernminer.com

Underground drilling by Wesdome Gold Mines (TSX: WDO) at the Kiena mine complex in Val d'Or, Quebec has expanded the high grade Footwall zone over 300 metres down plunge.Drilling in the footwall returned highlights of 41.2 grams gold per tonne over 51.2 metres (capped at 25.7 grams gold per tonne); 27.7 grams gold per tonne over 12.3 metres (capped at 27.7 grams gold per tonne); and 16.7 grams gol...Read More

Great Southern has high hopes for WA gold projects

May 05, 2021 / www.mining-journal.com

Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingGregory told the RIU Sydney Resources Round-up the company was investing in exploration and di...Read More

SQM shuns fears of higher taxes in Chile, fast-tracks expansions

May 20, 2021 / www.northernminer.com

SQM (NYSE: SQM), the world's No. 2 producer of lithium, doesn't seem worried about potential higher taxes for miners in copper powerhouse Chile, as it is pushing ahead with planned expansion plans in the nation, also a world's top producer of the battery metal.As the market is growing faster than expected, the company said it will fast-track existing expansion plans in Chile's lithium-rich Atacama...Read More

Russian government considers doubling scrap export duty to ?,?90/t

May 22, 2021 / www.metalbulletin.com

Russia's Ministry of Industry and Trade is proposing to double the export duty on ferrous scrap to ?,?90 ($109.82) per tonne in a bid to halt export growth and stabilize domestic prices of the raw material and steel products.The previously imposed rate of ?,?45 per tonne has not been enough to secure sufficient domestic supply of scrap and prevent excessive exports, the ministry said.The exis...Read More

Glencore leads miners group in cobalt blockchain pilot

May 20, 2021 / www.northernminer.com

Mining and commodities trader Glencore (LSE: GLEN) has joined forces with battery material supplier Umicore and other major miners to trace the cobalt they produce using blockchain technology.The group, which includes Eurasian Resources Group (ERG) and China Molybdenum (CMOC) are piloting Re|Source, a solution to track responsibly produced cobalt from mine to electric car.Tested in real operating...Read More

CHINA STEEL SCRAP: Prices rebound amid increasing downstream activity

May 22, 2021 / www.metalbulletin.com

Prices for steel scrap imported into China inched up on Friday May 21 amid an increase in activity in finished steel products markets compared with earlier this week.Fastmarkets' daily price assessment for steel scrap, heavy recycled steel materials, cfr China, which takes into account prices at ports in eastern China, was $520-530 per tonne on Friday, up by $10-20 from $500-520 per tonne a day ea...Read More

JV Article: The creation of a new Canadian gold miner

May 20, 2021 / www.northernminer.com

Emerging Canadian junior Goldshore Resources ticks all the boxes to be a highly successful gold exploration and development company, says Brett Richards, Goldshore's president and CEO.Goldshore has assembled a "star-studded" management team, board of directors, and group of advisors, he says, who have extensive mining industry experience and strong track records of value creation, major discoverie...Read More

GLOBAL MANGANESE SNAPSHOT: Sharp gains for European alloy markets amid strong demand

May 22, 2021 / www.metalbulletin.com

Key data from Fastmarkets' pricing sessions in Europe, India, the United States and China on Friday May 21. Europe  The manganese alloys markets jumped in line with inter-merchant demand ahead of expected renewed activity from steel mills in June for third-quarter delivery settlements.  This prompted more buying interest for short covering as it soon became clear there was a shortage of...Read More

GLOBAL LITHIUM WRAP: China domestic prices move in opposite directions

May 22, 2021 / www.metalbulletin.com

Battery-grade lithium carbonate and hydroxide prices in China diverged over the week ended Thursday May 20, with the latter underpinned by persistent tight availability and robust demand in Asia.The lithium hydroxide price exw China edged higher on tight supply and robust buying appetite, while the lithium carbonate price softened. Seaborne lithium prices held steady amid supply tightness. Europe...Read More

IN CASE YOU MISSED IT: 5 key stories from May 20

May 22, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday May 20 that are worth another look.The iron ore market price has broken several records in 2021, with sky high prices for various iron-ore brands emerging even before the half-year mark - such as the iron ore 62% Fe index surpassing $200 per...Read More

Venture Minerals to enjoy life of Riley

May 20, 2021 / www.mining-journal.com

Great Panther Mining is a precious metals miner in the AmericasSPONSOREDgreat pantherStellar metrics just the start for near-term developer Theta GoldSPONSOREDtheta gold minesPAM puts itself in the middle of Thailand 4.0SPONSOREDRemembering the lessons from the last gold bull marketSPONSOREDsrk consultingThe company has enjoyed a 500% share price appreciation over the past year because of its pote...Read More

Australia's largest iron ore mine starts production

May 20, 2021 / bit.ly

BHP's South Flank achieves first oreRead full newsRead More

Copper down on planned Mutanda restart

May 20, 2021 / bit.ly

Miner accused of abdicating duties of careRead full newsRead More

Auto chips shortage to drag on China's rare earths growth

May 20, 2021 / bit.ly

Subdued demand set to finally stunt surge in domestic REE outputRead full newsRead More

Africa Snapshot: Eight companies with promising projects

May 21, 2021 / dlvr.it

Be it gold, copper, cobalt or uranium, the African continent has powerful resources for mining.Read full newsRead More

Growth in Burkina Faso gold mining fuels human trafficking

May 21, 2021 / dlvr.it

For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More

Growth in Burkina Faso gold mining fuels human trafficking

May 21, 2021 / dlvr.it

For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More

Magna Gold Fast-Tracking Million-Ounce Former Gold Mine in Mexico Toward Production

May 20, 2021 / dlvr.it

Rick Mills of Ahead of the Herd profiles Magna Gold and explains why he believes it is on the verge of leading the next line of mid-tier precious metals producers in Mexico.Read full newsRead More

RANKED: World's top 10 biggest gold mines

May 20, 2021 / dlvr.it

Located in one of Russia's most prolific gold mining provinces, Polyus' Olimpiada reigns as the top producing operation.Read full newsRead More

Growth in Burkina Faso gold mining fuels human trafficking

May 20, 2021 / dlvr.it

SECACO, Burkina Faso (AP) - For months, human traffickers beat and drugged Blessing,...Read full newsRead More

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