Turkish steel producers continued to hold back from the deep-sea scrap markets on the second working day of the week because of the soft markets for finished long steel products, sources said on Tuesday July 7.Steel mills in Turkey booked five deep-sea cargoes in the second half of last week, totalling around 140,000 tonnes.But they were still expected to book more cargoes for August shipments, ac...Read More

Seaborne iron ore prices stayed bullish on Tuesday July 7, largely following the upward trend observed in the futures market, sources told Fastmarkets.Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $103.01 per tonne, up $1.77 per tonne.62% Fe low-alumina fines, cfr Qingdao: $105.31 per tonne, up $1.32 per tonne.58% Fe fines high-grade premium, cfr Qingdao: $91.84 per tonne, up $2.03 per t...Read More

Seaborne coking coal prices remained relatively flat on Tuesday July 7 due to a lack of drivers for the market, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $113.86 per tonne, down $0.17 per tonne Premium hard coking coal, cfr Jingtang: $125.26 per tonne, down $0.16 per tonneHard coking coal, fob DBCT: $93.33 per tonne, unchangedHard coking coal, cfr Jingtang: $104.67 per to...Read More

Three-month base metals prices on the London Metal Exchange consolidated lower in the morning of Tuesday July 7, following low-volume trading over the Asia hours, while copper's forward spreads eased despite net outflows. Copper's outright price on the LME was recently at $6,093.50 per tonne on Tuesday morning, falling from a morning high of $6,172.50 per tonne, while turnover was low at just over...Read More

Global manganese ore production increased by 23% in May month on month from April amid the removal of output restrictions worldwide, the latest data from the International Manganese Institute (IMnI) shows.Global supply hit 1.5 million tonnes in May, up by 23% from April and with manganese ore output from all producing countries increasing month on month.The biggest regional output increase came fr...Read More

Protests on Tuesday July 7 have halted road freight transportation in South Africa. Miners' trucks have been toppled and drivers threatened while demonstrators have sought to enforce their shutdown of the nation's road freight system. The target of the demonstrations is all road freight and is not focussed on the...Read More

With the exception of China's CSI 300, Asian-Pacific equities and pre-market major western equity futures were weaker this morning, Tuesday July 7, while base metals prices on the London Metal Exchange were mixed, although in general were holding up well. China's equity markets are experiencing a retail investor rally that is being encouraged by state media - the market is up by almost 14% over th...Read More

July 7, 2020 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") announces initial drill results from its maiden drill program at is wholly owned Hog Heaven Project, which returned multiple significant intervals of high-grade silver, gold and copper mineralization. A total of seven holes representing 1,400.35 metres were drilled of HQ sized core.Chairman and CEO of Brixton, Gary...Read More

Exploration geologist Jon North was attending Mille Miglia - the annual re-enactment of the classic car race from Brescia in the foothills of the Italian Alps to Rome and back - when he met Oscar Louzada.Louzada, a Dutch mining investor who had worked in Canaccord Genuity's London office for several years, bonded with North over their mutual appreciation for "sexy European cars" and the two attend...Read More

For emerging Canadian gold mining company Monarch Gold Corporation (TSX: MQR), 2020 has been anything but a slow period. While other sectors in the mining industry have seen their operations disrupted by the Covid-19 pandemic, the team at Monarch have used the last few months to solidify their business plans, secure new capital and continue the momentum needed to grow from being an explorer/develo...Read More

GT Gold (TSXV: GTT) has released a maiden resource estimate for the Saddle North gold-rich copper porphyry within its wholly owned 468-sq.-km Tatogga property in northern British Columbia.Total indicated resources stand at 298 million tonnes grading 0.28% copper, 0.36 gram gold per tonne and 0.8 gram silver per tonne, containing 1.8 million lb. copper, 3.5 million oz. gold and 7.6 million oz. si...Read More

Galaxy Resources (ASX: GXY) confirmed today that it is on track to begin production at its Sal de Vida lithium brine project in Argentina by 2022, despite the Covid-19 pandemic impacting the development schedule.The Perth-based lithium producer and developer put the brakes on its flagship project in April, following a nation-wide lockdown ordered by the Argentinean government to contain the spread...Read More

Skeena Resources (TSXV: SKE) will be exercising its option to acquire 100% of the Eskay Creek gold-silver project from Barrick Gold (TSX: ABX; NYSE: GOLD) via a binding term sheet signed between the parties on July 6.Discovered in 1988, the former Eskay Creek mine located in British Columbia's Golden Triangle was once the highest-grade gold mine and the fifth-largest silver mine in the world by vo...Read More

This week's episode features the first of a two-part interview with CPM Group managing partner Jeffrey M. Christian at the Canadian Mining Symposium, held on Zoom from June 16-18, 2020. MINING.com executive editor Frik Els asked Christian about his views on the economy, research methods, gold, and the electric vehicle market.Jeffrey M. Christian is managing partner at CPM Group, a precious metals...Read More

China has issued its ninth round of scrap metal import quotas for 2020, approving considerably larger volumes than in previous rounds at a time of persisting uncertainty surrounding the country's move to rename certain non-ferrous scrap metal as renewable materials.A total of 176,746 tonnes of copper scrap has been approved for import into China in the ninth round of quotas, the China Solid Waste...Read More

Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, the company said on Tuesday.Read full newsRead More

Ulaanbaatar, Mongolia--(Newsfile Corp. - July 6, 2020) - Steppe Gold Limited (TSX: STGO) (Read full newsRead More

In-principle deal with the government would give Kinross a 30-year exploitation licence for Tasiast Sud.Read full newsRead More

Ms. Tricia Kaelin is a seasoned financial executive with a proven track recordRead full newsRead More

Which TSXV junior gold stocks have performed the best this year?Read full newsRead More