An overview of the minor metals markets and the reasons for their latest price moves.Read More
The cobalt standard grade, in-whs Rotterdam trade log, including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt...Read More
The cobalt alloy grade, in-whs Rotterdam trade log, including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trade logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed...Read More
Maple Gold Mines (TSXV: MGM; US-OTC: MGMLF) has released the results of hole 20-281 completed within the conceptual pit shell at the Porphyry zone at the company's 355-sq.-km Douay project in Quebec.The drill hole returned 164 metres of 0.86 gram gold per tonne starting at 107 metres and includes a number of higher-grade gold zones, including 75 metres of 1.23 grams gold per tonne as well as 5 met...Read More
While gold miners have been stealing the pandemic limelight as that precious metal's price has soared, copper miners have struggled with the collapse of their main markets, like China, and the closure of major production mines in places like Chile and Peru. By March 22, the base metal was trading at US$2.07 per lb., a full 80 ? off its peak in mid-January, and the lowest valuation since February 2...Read More
The first phase of drilling at Eclipse Gold Mining's (TSXV: EGLD; US-OTC: EGLPF) Hercules gold project within the Walker Lane trend, 40 km southeast of Reno in Nevada, has returned long intercepts of shallow gold in oxides.The drill highlights include 75 metres of 0.54 gram gold per tonne and 4.78 grams silver per tonne (0.6 gram per tonne gold-equivalent) starting at surface from the Cliffs targe...Read More
In spite of a legal dispute between partners Star Diamond (TSX: DIAM) and Rio Tinto (NYSE: RIO; LSE: RIO) at the Star-Orion South diamond project in north-central Saskatchewan, the project should begin to see results this year from the first significant work conducted there in years.In April, Rio Tinto began processing a bulk sample totalling 8,271 wet tonnes that was extracted from the Star kimbe...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesSome years ago, my old firm in London, for reasons that I never quite understood, decided to sponsor a reenactment of Shackleton's ill-fated...Read More
Brazilian mining giant Vale (NYSE: VALE) has issued a level one emergency alert for three inactive tailings dams in the country's southeastern state of Minas Gerais.The miner, the world's largest iron ore producer, said the populations downstream of dams 6 and 7A at the Aguas Claras mine, at Nova Lima and the Area IX dam at the F??brica mine in Ouro Preto, did not need to be evacuated."The decisio...Read More
With a new strategy focused on diamonds that officially launched in March, just as the coronavirus pandemic began to spread across the globe, you might think that EHR Resources (ASX: EHX) had some regrets about its timing.But you would be wrong.EHR managing director Peter Ravenscroft says the idea behind the company's new strategy - to create a "diamond project incubator" with a portfolio of selec...Read More
After being closed for almost two months due to the coronavirus pandemic, the diamond manufacturing hub of Surat, India, where most of the world's rough diamonds are cut and polished, reopened in a formal, but limited, capacity on May 20.However, a ramp-up in business to pre-pandemic levels could take months as many industry workers left the city to return home to rural villages in March, April an...Read More
Tesla shares breached the $1,000 threshold in intraday trading for the first time on Wednesday.Read full newsRead More
Als erste Umsetzung des Konjunkturpakets hat das Bundeskabinett nach Angaben der Regierung die lange umstritte Strategie zum Aufbau einer Wasserstoff-Industrie beschlossen. Damit will Deutschland weltweit die Nummer eins bei der Technologie werden....Read full newsRead More
- The federal government of Nigeria has commended Heritage Bank for being part of a valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited, saying the partnership will create new opportunities for Nigeria to grow its potential reserves of 200 million ounces of gold. The Vice President, Yemi Osinbajo, disclosed this during a virtual meeting at the launch of nat...Read More
Rising demand for gold, more cost-disciplined miners and undemanding valuations could lead to an increase in mergers-and-acquisitions activity in the gold...Read full newsRead More
Now every time 210,000 blocks are cleared, Vijay says, the value halves. So, after the first 210,000 blocks, it became 25 bitcoins; at 420,000 it became 12.5, and now at 6,30,000 it is 6.25.Read full newsRead More
Silver Viper Minerals Corp. (theRead full newsRead More
TSX gold stocks have had a steady rise for the last few years, but especially as the market has been rallying. This has been odd until now, as it’s somewhat unusual to see gold stocks rally alongside the market.Although, in the last few weeks we’ve seen a shift from a rally in defensive stocks to more value stocks. This risk-off trade by the market has seen gold stocks sell off sl...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories:BHP to revise expansion through 40 sacred sites - Read the story here. Silvercorp walks away from bid to buy Guyana Goldfields - Read the story here. Novagold hits back at short-seller with line-by-line dissection - Read the story h...Read More
Back in 2015, my hometown of Baltimore was convulsed by riots in the wake of Freddie Gray's murder. You may remember he was the gentleman who was rattled around in a police transport until his neck snapped. Finally fed up with decades of police brutality and abuse, thousands of my fellow citizens took to the streets in protest, myself included.But then, something strange happened...The Mayor of B...Read More