The downward trend in China's domestic rebar market was snapped on Tuesday August 17 amid stronger demand from the construction sector. DomesticEastern China (Shanghai): 5,190-5,220 yuan ($801-805) per tonne, unchangedEnd-user demand in eastern China has increased gradually over the past two days on good weather and an improving Covid-19 situation. The number of infections in...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...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 assessed...Read More
Glencore has started a long-term strategic partnership with Britishvolt, a UK-based investor in lithium-ion battery cell technologies and associated research and development, Glencore said on Tuesday August 17.The Switzerland-based trader-producer will supply responsibly sourced cobalt to the Btitish company, but it did not disclose the amount of cobalt to be committed."This is a huge step in the...Read More
It's only been a year and a half since Troilus Gold (TSX: TLG; US-OTC: CHXMF) began drilling in the Southwest Zone at its namesake Troilus gold project, about 170 km northeast of Chibougamau in Quebec's Frotet-Evans greenstone belt.The Southwest Zone, about 2.5 km southwest of the main production pit at a former mine on the property and the main mineral corridor at the project, has become one of t...Read More
Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) reported 63.59 grams gold per tonne over 5 metres including 200.89 grams gold over 1.5 metres at its flagship Fenn-Gib project in northeastern Ontario, about 80 km east of Timmins.The hole, FG21-165, was drilled below the shallow central section of the current conceptual open pit, and the high-grade intercept started at a downhole depth of 540 metres, or abo...Read More
The US Army Corps of Engineers (USACE) has assigned a new review officer to handle Northern Dynasty Minerals' (TSX: NDM) appeal of a negative record of decision for the Pebble copper-gold project in Alaska.The new review officer comes after the previous officer was promoted out of the position.The new officer is expected to set a detailed timeline for the administrative appeal process, including s...Read More
Morgan Stanley has placed uranium at the very top of its Metals and Mining Commodity Thermometer.Uranium was assigned a 'most bullish' thesis of 17 mined commodities under the bank's coverage."Further price upside near term as commercial inventories are drawn down, investment demand continues, and mine supply remains below 2019 levels. Longer term, growth continues to push price higher," reads a s...Read More
An asteroid is heading towards Earth, but it is good news for miners and Luxembourg stands ready to help.On August 11, NASA's Planetary Defense Coordination Office provided an update on the potentially hazardous asteroid Bennu. Scientists in the Near-Earth Object Observations Program confirmed that Bennu will make a close approach to Earth next century, although the probability of impact is only 1...Read More
In a long awaited decision, BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has approved US$5.7 billion in spending on its Jansen potash project in Saskatchewan - an important project for diversification of the mining giant's assets, which are dominated by iron ore and copper."This is an important milestone for BHP and an investment in a new commodity that we believe will create value for shareholders for gen...Read More
From the frozen Arctic to the sweltering tropics, Canadian gold seekers will be there. Buoyed by the strong price, activity in exploration and production continues to rise.BANYAN GOLDBanyan Gold (TSXV: BYN; US-: BYAGF) has two advanced exploration projects in the Yukon. AurMac, 56 km northeast of Mayo is 100% owned, as is the Hyland project, 74 km northeast of Watson Lake.Both gold projects are ad...Read More
George McLeodThis week's episode features Access Mining managing partner George McLeod, who discusses the increasingly political role of mining companies, particularly in developing economies, and how industrial metals, especially those that relate to electrification, will begin to take on a strategic importance that was traditionally attributed to oil. He also discusses how recent political devel...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDMMC 20+20 features essays from 30 industry leaders, plus photos, all of who have spoken at the MMC since 2001.Read More
BHP Group (BHP.AX) reported its best annual profit in nearly a decade on soaring iron ore prices, as the world's biggest listed miner announced an exit from its $13 billion petroleum business in a portfolio shake-up that will see it leave London's FTSE100 index.Read full newsRead More
BISHKEK (Reuters) -Kyrgyzstan has established enough evidence to press on with removing Canada's Centerra Gold from the Kumtor gold mine, the state security service and prosecutors said on Wednesday.The security service is investigating possible corruption in the deal that gave Centerra control over the country's biggest gold mine and subsequent amendments to the pact.A spokesperson for...Read More
LIMA, Peru, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Minera IRL Limited ("Minera" or the "Company") (BVL:MIRL) (CSE:MIRL) is pleased to announce that it has today filed on SEDAR a new Technical Report updating the mineral resource estimate for its Corihuarmi Gold Mine ("Corihuarmi"). The new report, dated effective August 9, 2021, and titled "NI 43-101 Technical Report Mineral Resource Estimate for the C...Read More
Kyrgyzstan said Wednesday that it had launched the process of kicking out its largest foreign investor, Canada's Centerra Gold, overRead full newsRead More
Shares in Lithium Americas (TSX:LAC)(NYSE:LAC) gained more than 11% by mid-day in Wednesday’s trading. Investors in the development-stage lithium miner will welcome LAC stock’s rebound after a sharp 9.4% drop in shares was recorded during Tuesday’s trading session.Why is LAC stock price rising today?Lithium Americas’s stock has been extremely volatile lately. Wednesday&rsqu...Read More
When you are young, and retirement is still decades away, your investment approach and asset selection process are very different from what it is when you are just a few years away from retirement.And while it’s a good idea to explore relatively risky investment options when you are young, one segment of your retirement portfolio should be made up of reliable stocks that you are comfortable...Read More
A couple weeks ago I wrote about how space and astronomy news has some of the most egregious articles you can find.So much so that it is burying information about actual developments and real opportunities.Last week, fellow Outsider Club editor Luke Burgess wrote about the promise, and limitations, of moon mining.Today I'm going to talk about the common ground between those two articles, and it al...Read More