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PRICING NOTICE: Proposal to increase pricing frequency of cobalt hydroxide index cif China

July 07, 2020 / www.metalbulletin.com

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

CHINA SILICON SNAPSHOT: Export price flat amid slow overseas demand

July 07, 2020 / www.metalbulletin.com

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

The crowded house of potash

July 06, 2020 / www.mining-journal.com

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

China's UG2 chrome ore, ferro-chrome markets drift on lower July tenders

July 07, 2020 / www.metalbulletin.com

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 restarts Frutal del Norte

July 06, 2020 / www.northernminer.com

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 hits mineralization at Trundle in Australia

July 06, 2020 / www.northernminer.com

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

Coronavirus hits Peru's mining sector

July 07, 2020 / www.northernminer.com

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 employs big data, scientists in pursuit of battery metals

July 06, 2020 / www.northernminer.com

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

Century zinc mine begins commercial production in Australia

July 06, 2020 / www.northernminer.com

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

JV Article - TeleOp Assist: The Next Class in Semi-Autonomous Operation

July 06, 2020 / www.northernminer.com

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

Video: Wheaton Precious Metals CEO Randy Smallwood interviewed by senior reporter Carl A. Williams at the Canadian Mining Symposium

July 03, 2020 / www.northernminer.com

Executive Fireside ChatRandy Smallwood, President and CEO, Wheaton Precious Metals CorporationMODERATOR: Carl A. Williams, Senior Reporter, The Northern MinerRead More

TURKEY STEEL SCRAP: Domestic prices down on falling import values

July 07, 2020 / www.metalbulletin.com

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

Video: Nokia presents 'The 5G-ready Digital Mine' at the Canadian Mining Symposium

July 03, 2020 / www.northernminer.com

Nokia Remarks - The 5G-ready Digital MineStephan Litjens, General Manager, Digital Automation, NokiaRead More

Video: PearTree presentation by CEO Lisa Davis at the Canadian Mining Symposium, part 2

July 03, 2020 / www.northernminer.com

PearTree Remarks by Lisa Davis, CEO, PearTree Securities on June 17.Read More

Codelco suspends El Teniente copper mine expansion to combat Covid-19

July 07, 2020 / www.metalbulletin.com

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

RT @Patricia_Energy: #Venezuela #oil output falls 32% in June as foreign buyers cancel cargoes

July 06, 2020 / www.worldoil.com

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

'So Unstable and So Volatile': Oil Crash Crushes Individual Investors, Prompts Trading Overhaul - WSJ

July 06, 2020 / www.wsj.com

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

PLYN: Palayan Resources is an Active Mining Company Focused on World Class Gold Deposits

July 06, 2020 / dlvr.it

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

Asia FX and Gold: Markets torn between robust cyclical data and surging US virus case counts

July 06, 2020 / dlvr.it

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

Believe there's more gold discovery to come in West Africa, Endeavour Mining CEO says

July 06, 2020 / dlvr.it

Sebastien de Montessus, president and CEO of Endeavour Mining Corporation, discusses the company's growth prospects.Read full newsRead More

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