Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed, although copper prices on both exchanges remain strong this morning, Tuesday February 23, while tightness on the LME dominates. There are cross currents flowing through the market; sentiment is strong while people look forward to a super-charged economic recovery once vaccines allow a return to a more normal...Read More
Latest analysis from recent activity on the CME Group's cobalt metal futures contract, cash-settled against Fastmarkets' price assessment for cobalt standard grade, in-whs Rotterdam. Key data February 16, 2021, 20 tonnes (5 tonnes July, 5 tonnes August, 5 tonnes September, all at $23.10 per lb; a further 5 tonnes for August at $24 per lb) February 10, 2021, 30 tonnes (5 tonnes each for July to Dec...Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs...Read More
Eldorado Gold (TSX: ELD; NYSE: EGO) has released an initial resource estimate for the Ormaque deposit within its Lamaque operation in Quebec. The deposit, halfway between the operating Lamaque-Triangle mine and the Sigma processing facility, includes 2.6 million inferred tonnes at 9.53 grams gold per tonne, and contains 803,000 gold ounces. Ormaque is also next to an ore haulage decline that is un...Read More
Toronto-based gold and copper producer Dundee Precious Metals (TSX: DPM) has announced the results of a prefeasibility study on its Timok gold project in Serbia, as well as the decision to go ahead with a feasibility study.The latest engineering study outlines an 8-year, approximately 6,925 tonne-per-day heap leach open pit mine, producing an average of 80,000 gold oz. annually in its first six ye...Read More
Copper was already trading near eight-year highs in January but prices for the red metal surged again in mid-February, with March contracts reaching US$4.12 per lb. on Feb. 22 - nearing an all-time high of US$4.58 per lb. in 2011, as investors bet that supply tightness will increase as the world gradually recovers from the Covid-19 pandemic. Natalie Scott-Gray, a senior metals analyst at StoneX...Read More
The U.S. state of Nevada is the new most attractive region for mining investors, replacing iron ore-rich Western Australia in the 2020 survey of resource and exploration companies released today by the Fraser Institute.The new version of the think-tank's popular ranking is based on answers from 276 participants, which provided sufficient data to evaluate the overall investment attractiveness of...Read More
This week's episode features Rio Tinto's conference call with new CEO Jakob Stausholm, who outlines his vision for the company after 'a year of extremes' in 2020. The call also includes Interim Chief Financial Officer Peter Cunningham, who gives an update on the fundamentals of the world's second-largest miner. This week's Mining Minute features Micromine's Derek Cooper, General Manager for North...Read More
Solaris Resources (TSX: SLS) has doubled the drill campaign, from six rigs to 12, following a significant new discovery at its Warintza copper project in Ecuador's main mining district in the southeast, as geophysics revealed a much more extensive porphyry system than previously anticipated."It's a much larger, more extensive system than surface geochemistry and mapping implied," said Solaris CEO,...Read More
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Nevada replaces iron ore-rich Western Australia as the most attractive mining jurisdiction, according to the Fraser Institute.Read full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
AngloGold Ashanti on Monday joined gold mining peers in boosting payouts to shareholders after reporting a leap in annual earnings thanks to surging gold prices.Read full newsRead More
In northern Nevada, the gold mining industry has dominated for decades. Now Nevada lawmakers want to tap into that vein of wealth to ease the pandemic-induced budget crunch.Read full newsRead More
Exclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.Read full newsRead More
Granada Gold Mine Inc. is pleased to announce that the Company haRead full newsRead More
Equity Metals Corporation reports today that the previously annouRead full newsRead More
Newrange Gold Corp. is pleased to announce that continued ReverseRead full newsRead More