The Yukon territory, Canada. Image from White Gold. White Gold (TSXV: WGO) announced on Monday that it has started drilling on its Titan Project as well as initiated ground surveys on other high priority targets in Canada's Yukon territory.The 2020 exploration program is backed by partners Agnico Eagle and Kinross Gold and it has been designed to further test existing targets and recent new disco...Read More

Prikro project in the Prikro and Koun-Fao Departments in eastern Ivory Coast (Credit: Altus) Altus Strategies (TSXV: ALTS) has signed a nonbinding agreement with Stellar Africa Gold (TSXV: SPX) for the sale of its Prikro and Zenoula gold projects in C??te d'Ivoire.Altus will receive an initial payment of 2.5-million Stellar shares, with a market value of about C$87,500, and 2.5-million share purc...Read More

Quite a bit has happened in the last few months with the junior mining sector in regards to share prices. Since the big market sell off earlier in March, share prices in most juniors with active projects have retraced back to earlier highs and a whole lot are now sitting on 52 week highs.Earlier in the spring I wrote about Skeena Resources TSX:V-SKE. At the time their share price was around $1.05....Read More

Here are five Fastmarkets stories you might have missed on Monday June 29 that are worth another look.Mining company BHP Group and steel producer China Baowu Steel Group have completed their first iron ore trade on MineHub Technologies Inc's blockchain-based platform.Poor physical aluminium market conditions have forced people to store excess metal, pushing total aluminium stocks on the London Met...Read More

The mining industry does a huge amount of good for local communities, to say nothing of its essential contribution to society through the materials it produces. Unfortunately, it all too often manages to give itself a bad name, worsening negative perceptions of the sector through accidents, spills and a failure to act as a steward of the environments in which it operates. In the past month alone,...Read More

Huaxing alumina refinery, in Shanxi province of northern China, has closed one alumina production line following an equipment accident, several sources told Fastmarkets on Monday June 29. It could take 20-30 days to return the production line to full operation, removing around 50,000-80,000 tonnes of alumina supply from the Chinese domestic market over the period, according to market estimates. Hu...Read More

Here are five Fastmarkets stories you might have missed on Monday June 29 that are worth another look.Mining company BHP Group and steel producer China Baowu Steel Group have completed their first iron ore trade on MineHub Technologies Inc's blockchain-based platform.Poor physical aluminium market conditions have forced people to store excess metal, pushing total aluminium stocks on the London Met...Read More

Bob Moriarty ArchivesJun 29, 2020I expect to get very boring over the next few months. While I have been warning for years of a massive financial collapse coming to the world few people actually get it. We are in a depression. There is $250 trillion worth of debt in the world that will never be paid. It is going to grow far worse than it is today. What the Fed and Central Banks around the world ha...Read More

Here are five Fastmarkets stories you might have missed on Monday June 29 that are worth another look.Mining company BHP Group and steel producer China Baowu Steel Group have completed their first iron ore trade on MineHub Technologies Inc's blockchain-based platform.Poor physical aluminium market conditions have forced people to store excess metal, pushing total aluminium stocks on the London Met...Read More

Jack ChanPosted Jun 29, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Current data favors overall higher gold prices.Current data favors overall higher silver prices.Our ratio is on BUY signal.G...Read More

The company said 30 million units would be offered on a bought-deal basis, while "a large shareholder" had indicated an intention to acquire 41 million units on the same terms.It said the net proceeds would be used to fund the remaining capex at its San Albino gold project in Nicaragua, for exploration, working capital and general corporate purposes.Funds raised under the bought-deal offering woul...Read More

Clarke, who managed the large technical team that took the Woodsmith Mine into construction following several years of studies, will take up the new role on July 1.Read More

The latest data for the global manganese ore market for the week ended June 29, 2020.Read More

Huaxing alumina refinery, in Shanxi province of northern China, has closed one alumina production line following an equipment accident, several sources told Fastmarkets on Monday June 29. It could take 20-30 days to return the production line to full operation, removing around 50,000-80,000 tonnes of alumina supply from the Chinese domestic market over the period, according to market estimates. Hu...Read More

The latest data for the global manganese ore market for the week ended June 29, 2020.Read More

The Minerals Council South Africa said the industry currently screened about 272,000 employees every time they reported for work and had conducted 15,994 tests, at June 25.By Friday, the number of mining employees who had tested positive for COVID-19 was 1,950 and the death toll had risen to seven.The Association of Mineworkers and Construction Union, which successfully fought for mandatory COVID-...Read More

The PM stocks have moved nicely over the past 2 weeks. Many gold investors wanting in on the next big move have been left on the sidelines under invested. It's my view that this has occurred because everyone and his brother has had one eye on the often published gold and silver seasonality chart. This chart is a composite of 40 years of action and shows gold weak until late July and silver...Read More

Trend is bullish for gold and silver on fears of rapid spread of coronavirus in USA. June month is not yet over. One still needs to watch for some large sellers in gold as a part of the profit booking. Overall it still a buy on sharp dips strategy in gold and silver. This week? On Tuesday US Treasury Secretary Steven Mnuchin will speak about the stimulus and lending facilities to sup...Read More

Covid-19 has exposed the overdependence and vulnerability in the electric vehicle (EV) supply chain, which supports the development of other regional battery production hubs in the coming years, panellists said in a Fastmarkets webinar last week."There is growing nationalism and regionalism [and] coronavirus has been a wake-up call for how dependent industries are on China," Emily Hersh, managing...Read More

The Turkish steel mills continued to shy away from deep-sea scrap purchases at the beginning of this week, expecting lower prices soon, sources said on Monday June 29.The mills in Turkey booked only two deep-sea cargoes last week, which totaled 67,500 tonnes.Producers have been keeping their deep-sea scrap purchases at a low level because of the limited demand and, therefore, falling prices for lo...Read More