Hot-rolled coil prices increased in China's domestic market on Tuesday July 6, following gains in futures prices, while market participants continued to digest talks of production cuts.DomesticEastern China (Shanghai): 5,580-5,620 yuan ($864-870) per tonne, up by 80 yuan from 5,500-5,540 yuan per tonne. The expectation of production cuts at Chinese steel mills in the second half of the year has be...Read More
China's domestic rebar prices continued their upward trend on Tuesday July 6 on restocking demand, but end user demand soured, sources told Fastmarkets.DomesticEastern China (Shanghai): 4,950-4,980 yuan ($767-771) per tonne, up by 80 yuan per tonneTrading houses raised their procurement rates on Monday to build up inventories in anticipation of lower production in the second half of 2021.The...Read More
- Company recently completed successful core drill testing on Maggie Creek project- Remains on track to complete CK Gold Project Pre-Feasibility Study- Recent inclusion in 2021 Russell Microcap (R) Index creates additional visibility to investment communityELKO, Nev., July 6, 2021 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today ann...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.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...Read More
Clean Air Metals (TSXV: AIR) has released new assay results from its flagship Thunder Bay North (TBN) asset, a platinum, palladium, copper and nickel project in northwestern Ontario, about 50 km northeast of the city of Thunder Bay.The 100%-owned project consists of the Escape Lake and Current Lake deposits, which are 2.5 km apart, and the drill results are from a 30,000-metre diamond drilling cam...Read More
With demand for electric vehicles, batteries, and greener energy storage options expected to rise in the years ahead, many juniors are on the hunt for so-called 'technology metals,' a broad category that includes cobalt, copper, nickel, platinum group elements, graphite, lithium, rare earth elements, and silver, among others. Here are eight companies working on properties in the tech and battery m...Read More
Giga Metals (TSXV: GIGA) has begun a 2021 work program at the Turnagain nickel-cobalt project, located in north-central British Columbia. Archaeological and wildlife surveys are underway and resource drilling has commenced.Kiera Broda, project geologist for Giga Metals, at the Turnagain Camp. Credit: Giga MetalsThe program is designed to collect all necessary exploration, geotechnical and other da...Read More
Easing Covid-19 risks and improved uranium fundamentals have prompted Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) to pull the trigger on a restart of uranium exploration development and mining at the Sunday mine complex in western San Miguel County, Colorado.The Sunday mine complex comprises the Sunday, West Sunday, St. Jude, and Carnation mines, all of which are interconnected.The operat...Read More
This week's episode features Evolution Mining executive chairman Jake Klein in discussion with Northern Miner editor-in-chief Trish Saywell at the Global Mining Symposium. Jake explains the benefits of remaining a mid-tier sized company, and how China owns as much as 20% of Africa's debt, particularly of resource-rich nations. He also discusses the challenges of mining, which he describes as "swee...Read More
AngloGold Ashanti (NYSE: AU) has appointed former BHP executive Alberto Calder??n as its new CEO, ending almost a year without a top boss, after Kelvin Dushnisky's sudden departure last July.Calder??n, a 61-year-old Colombian with more than two decades of executive experience in the mining sector, will be starting his new role on Sept. 1, the company said.A junior minister in a government that f...Read More
Colossal pandemic spending by governments worldwide over the past 18 months has meant inflation is back in the news, as is gold contained in pyrite following publication of academic research in Australia.Most prices rise over time. Inflation has been especially destructive in the U.K. over the past 750 years, with the Bank of England calculating that ?1 in 1270 had a purchasing-power equivalent o...Read More
Also former CEO of Cerrejon coal operationRead full newsRead More
No unplanned releases: CNSCRead full newsRead More
Saudi Arabia and Russia fail to convince UAE to back down on production targetsRead full newsRead More
Stocks Analysis by Plunger (Burt Coons) covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Plunger (Burt Coons)'s latest article on Investing.comRead full newsRead More
Royal Gold, Inc.'s RGLD wholly-owned subsidiary, Royal Gold AG., has entered into an agreement with Ero Gold Corporation to purchase gold stream from the latter's NX Gold Mine located in Brazil. The agreement came into effect on May 1, 2021, and deliveries are accrued from that date. Royal Gold will purchase 25% of the mine's gold production until 93,000 ounces have been delivered and 10%, thereaf...Read More
DENVER--(BUSINESS WIRE)--Jun 30, 2021--Read full newsRead More
VANCOUVER, BRITISH COLUMBIA TheNewswire - July 6, 2021 US NewrangRead full newsRead More
In late 2019, I’d suggested that gold had the potential to rise above US$2,000/ounce. I’d like to say that I predicted a coming generational pandemic, but the call was based on trade tensions and the impacts of loose monetary policy. Today, I want to discuss why the yellow metal is undervalued in the early summer. Let’s jump in.What is behind gold’s rise and fall since the...Read More