Popular News

Kenzen launches body heat sensor for worker safety

May 12, 2020 / www.mining.com

The Cloud-based Software as a Service (SaaS) system includes a wearable device worn by workers on their arm which alerts both the worker and their supervisor when core body temperature is too high. Kenzen, a company focused on smart and innovative personal protective equipment (PPE), has launched a real-time worker heat monitoring system.The cloud-based Software as a Service (SaaS) system include...Read More

MetGrow+ project looks at metals recovery

May 12, 2020 / www.mining.com

Project found ways to increase Europe's self-sufficiency in cobalt, nickel and zinc. VTT, a research, development and innovation partner, coordinated a project that combined new and existing recovery methods of economically significant metals from process waste as well as low-grade ores. The recently completed MetGrow+ project found ways to increase Europe's self-sufficiency in cobalt, nickel and...Read More

SilverCrest to resume Las Chispas operations

May 12, 2020 / www.mining.com

Las Chispas Underground - Image courtesy of Silvercrest Metals Inc. SilverCrest Metals (TSX: SIL, NYSE: SILV) announced on Tuesday that it will resume exploration and development work at its Las Chispas gold-silver project in Sonora, Mexico by mid-May following a temporary suspension due to national covid-19 containment protocols.The company has also reported in-fill and expansion drill result...Read More

"The Old Normal: Got Gold?"

May 12, 2020 / www.miningfeeds.com

It's the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become "wet noodle" affairs.Bulls and bears who aren't prepared for this type of sideways price action may get frustrated.Please click here now. Double-click to enlarge this short-term gold chart.My suggestion for investors is to focus on the important price zone of $1800 for modest selling, and $1...Read More

IN CASE YOU MISSED IT: 5 key stories from May 12

May 13, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday May 12 that are worth another look.Workers at ArcelorMittal Spain are preparing a series of token strikes in response to the company's decision to apply a new plan for temporary layoffs (known as ERTE), sources told Fastmarkets on May 12.Troubled oil trader ZenRock owes at least $615 million to banks, suppliers and customers, it sa...Read More

GLOBAL ALUMINIUM WRAP: Premiums mostly flat despite industry restarts

May 13, 2020 / www.metalbulletin.com

Aluminium premiums in Europe, the United States and Asia were mostly steady week-on-week on Tuesday May 12, with the gradual restart of industries in various parts of the world having little immediate effect.Rotterdam P1020 premiums flat while Italy premium ticks upwardUS Midwest premium unchanged despite automotive industry restartsAsia premiums flat in quiet market.Italy premium ticks upwardThe...Read More

May 12 Uranium week: Taking a breather

May 12, 2020 / www.fnarena.com

Weekly Reports |May 12 2020After an historic monthly price rise in April, May opened with the spot uranium market calming down.-Calm descends on uranium market-Virus hitting global energy demand-US production crashesBy Greg PeelIn the month of April, the spot uranium price rose almost 24% to mark the largest monthly increase in almost thirty years. In six weeks, the spot price rose 41%, being the...Read More

Teck increasing QB2 workforce but still unclear when ops will return to normal, CEO says

May 13, 2020 / www.metalbulletin.com

Teck Resources is starting to increase the number of workers active at its Quebrada Blanca Phase 2 (QB2) project in northern Chile but is still uncertain when it will be able to resume normal activities at the site. Around 1,100 employees are now active at the project, according to Don Lindsay, chief executive officer of the Canada-based company, noting that employment at the site had dropped...Read More

The Old Normal: Got Gold?

May 12, 2020 / www.321gold.com

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMay 12, 2020 It’s the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become “wet noodle” affairs. Bulls and bears who aren’t prepared for this type of sideways price action may get frustrated. Pleaseclick here now. Double...Read More

This past week in gold

May 13, 2020 / www.321gold.com

Jack ChanPosted May 12, 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.Speculation falling while prices are rallying.Prices are bouncing on lower speculation.Our ratio remains on BUY signal.GLD h...Read More

IN CASE YOU MISSED IT: 5 key stories from May 12

May 13, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday May 12 that are worth another look.Workers at ArcelorMittal Spain are preparing a series of token strikes in response to the company's decision to apply a new plan for temporary layoffs (known as ERTE), sources told Fastmarkets on May 12.Troubled oil trader ZenRock owes at least $615 million to banks, suppliers and customers, it sa...Read More

AMG Q1 Ebitda down 56% on low chromium, ferro-vanadium prices amid pandemic

May 13, 2020 / www.metalbulletin.com

Advanced Metallurgical Group (AMG) has reported a 56% decrease in earnings before interest, taxes, depreciation and amortization (Ebitda) for the first quarter of 2020 amid a decline in metal prices across its entire portfolio and depressed market conditions resulting from the Covid-19 pandemic.The Amsterdam-listed group generated Ebitda of $22.3 million in January-March, a drop from $50.4 million...Read More

Canpotex settles India, China contracts

May 12, 2020 / www.mining-journal.com

Shipments to long-term customer Indian Potash Limited would support the important role potash played in India's food production, while Canpotex would continue initiatives to educate farmers regarding the potential value of the crop nutrient in the expanding and important market, said CEO Gordon McKenzie.Canpotex has also agreed to contracts with its traditional customers in China for potash shipme...Read More

Teck increasing QB2 workforce but still unclear when ops will return to normal, CEO says

May 13, 2020 / www.metalbulletin.com

Teck Resources is starting to increase the number of workers active at its Quebrada Blanca Phase 2 (QB2) project in northern Chile but is still uncertain when it will be able to resume normal activities at the site. Around 1,100 employees are now active at the project, according to Don Lindsay, chief executive officer of the Canada-based company, noting that employment at the site had dropped...Read More

Venzee Announces an Additional Set of New Retail Connection Requests

May 12, 2020 / kincommunications.com

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce it has received an additional 92 revenue-generating channel connection requests (work orders) from its channel partners and brands.Now with a total of 451 channel requests, the Company continues to satisfy this first wave of activation requests from leading brands and manufacturers using t...Read More

Cameco restarts Ontario ops, but no Cigar

May 11, 2020 / www.mining-journal.com

The Blind River refinery produces uranium trioxide which feeds into the hexafluoride conversion plant.Cameco said the "appropriate conditions" were currently in place to resume normal operations."The provinces and communities where we operate are certainly not out of the woods when it comes to this global pandemic, and we must remain vigilant in how we manage our activities during these challengin...Read More

Sona Nanotech Provides COVID-19 Antigen Test Progress Update

May 12, 2020 / kincommunications.com

Halifax, Nova Scotia-(Newsfile Corp. - May 12, 2020) - Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) (the "Company") is pleased to provide the following update on the development of its rapid-response, COVID-19 antigen test. The Company received confirmation from an independent laboratory that its test achieved a positive response to a recombinant whole spike protein control reagent specific to S...Read More

Nexa Resources expects zinc price recovery, annual TCs unchanged, ceo says

May 13, 2020 / www.metalbulletin.com

The recovery of zinc metal prices is set to continue with stronger Asian demand outpacing supply cuts, and there are no expectations for a review of annual zinc treatment charges (TCs) due to the Covid-19 pandemic, Nexa Resources chief executive officer Tito Martins said on Tuesday May 12."We are seeing a market adjustment in Asia," Martins told analysts and investors in the company's first-quarte...Read More

Zambia-Tanzania border closure hits DRC cobalt export route

May 13, 2020 / www.metalbulletin.com

Zambia has temporarily closed its border crossing with Tanzania at Nakonde to all but essential goods in an effort to curb an increase in Covid-19 cases in the area, according to a notice from the Zambia Revenue Authority.The crossing forms part of a key trucking route for copper and cobalt being shipped out of Dar es Salaam in Tanzania, much more so recently since the lockdown in South Afric...Read More

IN CASE YOU MISSED IT: 5 key stories from May 12

May 13, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday May 12 that are worth another look.Workers at ArcelorMittal Spain are preparing a series of token strikes in response to the company's decision to apply a new plan for temporary layoffs (known as ERTE), sources told Fastmarkets on May 12.Troubled oil trader ZenRock owes at least $615 million to banks, suppliers and customers, it sa...Read More

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