Fastmarkets is proposing to increase the pricing frequency of its cobalt hydroxide index, 30% Co min, cif China to fortnightly from monthly at present. The cobalt hydroxide index 30% Co min, cif China is currently published on the last working day of each month. It was launched in February 2019, alongside Fastmarkets' cobalt hydroxide payable indicator, min 30% Co, cif China, to provide trans...Read More
Key data from the Friday July 3 pricing session in Shanghai.Key drivers Export price stable with offers falling within the published range.Market participants received sporadic inquiries from overseas buyers and noticed big discrepancies between the prices they offered...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Driving more value from your capital projects post COVIDSPONSOREDproudfootIronRidge shows its mettleSPONSOREDironridge resources Low prices for potash, and most other fertilisers affected by sluggish demand during the COVID-19 pandemic, almos...Read More
The UG2 chrome ore, charge chrome and Chinese domestic spot ferro-chrome markets all drifted lower in the week to Friday July 3 on weakening sentiment after the main Chinese stainless steel mills lowered their tender prices for July.Following the recent drop in chrome ore prices, Tiayun Iron & Steel (Tisco), Tsingshan Group and Baosteel all lowered their high-carbon ferro-chrome tender prices for...Read More
Lundin Gold (TSX: LUG) has restarted operations at its Fruta del Norte (FDN) gold mine in Ecuador and expects to resume concentrate shipments in the next few days.Operations at the site were suspended in March due to the Covid-19 pandemic. Based on a projected mill ramp-up to 3,500 tonnes per day over the next two months, FDN is expected to generate 150,000-170,000 oz. gold in the second half of t...Read More
Kincora Copper (TSXV: KCC) has reported assay results from the first drill hole at its Trundle copper-gold project in Australia.Drill hole TRDD001 intersected several intervals of gold and copper mineralization from skarn zones within the southern portion of the property, which is situated in the Macquarie Arc of the Lachlan Fold belt in central-west New South Wales. Highlights include 51 metre...Read More
Mining companies operating in Peru are being forced to keep operations suspended and halt new ones as confirmed coronavirus cases in the country jumped past 300,000 on Sunday, with several of the new infections happening in the copper sector.Trevali Mining (TSX: TV) said on July 3 that a total of 82 workers had tested positive for Covid-19 at its Santander mine, which would remain halted. The comp...Read More
KoBold Metals is investing in battery metal projects using big data and scientific computing with capital from billionaires including Bill Gates and Jeff Bezos.The privately held California-based company has also lured David Broughton, the world-renowned expert in sediment-hosted copper deposits, to lead its hydrothermal systems team."We have the overwhelming majority of his time," Josh Goldman, K...Read More
New Century Resources (ASX: NCZ) has kicked off commercial production at its zinc mine in Queensland, Australia, amid forecasts that see prices for the metal climbing in the coming months as restrictions related to the Covid-19 pandemic ease.The Melbourne-based zinc producer, which bought the mothballed Century mine in 2016, said operations had not been affected by the global pandemic. Instead, Ce...Read More
From its initial launch in the 1990s, HARD-LINE's TeleOp system has proven to help mines continuously modernize and streamline their processes. Building off a mine's existing operational structures, the TeleOp system allows an operator to remotely and simultaneously control multiple machines across multiple sites from an underground- or surface-based remote station.Backbone networks provide li...Read More
Executive Fireside ChatRandy Smallwood, President and CEO, Wheaton Precious Metals CorporationMODERATOR: Carl A. Williams, Senior Reporter, The Northern MinerRead More
Turkish domestic scrap prices have gone down slightly over the past week in line with the downturn in imported scrap values, sources said on Monday July 6.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey was 1,660-1,870 lira ($242-273) per tonne on Monday, narrowing downward from 1,655-1,885 lira per tonne a week earlier.The movement in the assess...Read More
Nokia Remarks - The 5G-ready Digital MineStephan Litjens, General Manager, Digital Automation, NokiaRead More
PearTree Remarks by Lisa Davis, CEO, PearTree Securities on June 17.Read More
Codelco had demobilized staff and suspended construction at its El Teniente project in Chile to contain the rapidly spreading Covid-19 virus in the region, the company said on Saturday July 4. Some 4,500 workers at the mine are under "transitory demobilization" with the rest of the workforce working on a shift schedule of 14-day on and 14-day off, Codelco said. Chuquicamata is also functioning und...Read More
Crude production in Venezuela tumbled for a sixth straight month in June, underscoring the dismal state of the nation's oil industry as U.S. sanctions batter exports and the coronavirus pummels demand.Read full newsRead More
Many amateur investors got burned in an April price crash as some market professionals thrived, leading mutual-fund companies, traders and others to change their practices to try to prevent future collapses.Read full newsRead More
New Acquisition Brings Mineral Rights to a Promising Property in KazakhstanPublic Stock PLYN has ties to Cicero, which was co-founded by the Shark Tank's Kevin Harrington....Read full newsRead More
Markets Western Europe and developed Asian economies continued their grand reopenings with minimal effect on virus transmission at a national level; mRead full newsRead More
Sebastien de Montessus, president and CEO of Endeavour Mining Corporation, discusses the company's growth prospects.Read full newsRead More