The Cobalt sulfate 20.5% Co basis, exw China, yuan/tonne 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...Read More
Emerging miner Pure Gold Mining (TSXV: PGM; LSE: PUR) has introduced first ore to the mill at its PureGold mine in Red Lake, Ontario. With first gold production expected later this month, the company will moving on to a full-scale ramp up of the mining and milling activities in the next quarter."The introduction of ore to the milling facility reflects the successful culmination of our project buil...Read More
Explorer Surge Copper (TSXV: SURG) has entered into a definitive option agreement with Centerra Gold (TSX: CG) to hold the right to acquire a 70% interest in the Berg porphyry deposit in central British Columbia.Under the terms of the agreement, Surge can earn a 70% stake in the copper-molybdenum-silver project by issuing $5 million worth of its common shares and spending $8 million on the propert...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying fellow miner Premier Gold Mines (TSX: PG), which will spin out its Nevada assets in a new U.S.-focused gold miner to be called i-80 Gold Corp.The all-stock deal valued at $612 million (US$480 million) hands Equinox Gold Premier's interest in the Hardrock project in Ontario, the Mercedes Mine in Mexico and the Hasaga and Rahill-Bonanza properties in...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) is partnering with the Taykwa Tagamou First Nation to develop electric power for its Crawford nickel-cobalt sulphide project in Ontario's Timmins-Cochrane mining camp.Under a memorandum of understanding, the Taykwa Tagamou Nation will develop the electrical transmission assets to supply Crawford with reliable power and the junior exploration company...Read More
Aurania Resources (TSXV: ARU; US-OTC: AUIF) reported that it found more evidence of ancient roads and peculiar landforms that may be old prospecting or mine sites near its Lost Cities - Cutucu project in southeastern Ecuador. In detail, the Canadian miner found the roads in the vicinity of the Tiria-Shimpia silver-zinc-lead target area, which is developing into one of the larger mineralized areas...Read More
Rio Tinto (NYSE:RIO; LSE: RIO; ASX: RIO) unveiled on Wednesday that underground production from the Oyu Tolgoi copper-gold mine in Mongolia is slated to begin in October 2022, adding that it will come with a price tag of US$6.75 billion.When it was approved in 2015, Rio Tinto expected the expansion to cost US$5.3 billion and reach first sustainable production in early of 2021.In 2019, however, the...Read More
Prices for steel slab in Iran's export market increased with new deals done over the week to Wednesday December 16, although billet prices remained stable, Fastmarkets learned.Iran's export billet prices are at their highest for the last 29 months, while Iran's steel slab export prices have reached their first new peak in 31 months.Iranian market participants expect a decline in the near future, h...Read More
Platform enables analysis of power generation and consumption at mine sites and provides data-driven insight into energy use productivity.Read full newsRead More
Every purchase of these washable, three-layer masks directly supports Make-A-Wish British Columbia Yukon. Creating life-changing wishes for children with critical illness, Make-A-Wish recognizes that wishes are an integral part of a child's treatment journey. Delivery Notice: We are working hard to ensure all masks prRead full newsRead More
In this article we are going to list the top 19 gold mining companies in the world. Click to skip ahead and jump to the top 10 gold mining companies...Read full newsRead More
Before it ceased operation in 1942, the Octave mine produced over $310 million worth of gold, and that was from just 30% of the vein. Now it is for sale.Read full newsRead More
Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them after a rally in prices this year drew closer attention to the sector's footprint.Read full newsRead More
Idaho Champion Gold Mines Canada Inc. is pleased to report the coRead full newsRead More
Upon the resumption of trading in the Company's common shares on the Canadian Securities Exchange (theRead full newsRead More
The market is making new highs. It probably recovered and rallied sooner than a lot of investors thought it would. After all, we’re not exactly out of the woods with the novel coronavirus pandemic. It’s just that it’s around the holiday season and the commencement of vaccine distribution that there’s optimism in the market.There are risks. For example, how much of the popul...Read More
With two weeks to go in 2020 investors are wondering if a Santa Claus rally will extend the Q4 surge in stock prices.Is a Santa Claus rally or a Santa crash on the way?The Santa Claus rally in 2020 started in early November. Over the past six weeks stock markets soared to record highs, driven by COVID vaccine optimism and relief on US election fears. Euphoric buying of tech Initial Public Offering...Read More
In the living room the voice-clock sang, Tick-tock, seven o'clock, time to get up, time to get up, seven o'clock! as if it were afraid that nobody would. The morning house lay empty. The clock ticked on, repeating and repeating its sounds into the emptiness.Seven-nine, breakfast time, seven-nine!In the kitchen the breakfast stove gave a hissing sigh and ejected from its warm interior eight pieces...Read More
Here are five Fastmarkets stories you might have missed on Thursday December 17 that are worth another look.Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.The Shanghai...Read More
Alcoa is halting plans to curtail its San Cipri??n aluminium smelter in Spain after a Spanish court ruled in favor of the workers on Thursday December 17."The workers' representatives filed a lawsuit with the High Court of Justice of Galicia... In the court's ruling, it declared the collective dismissal process 'null...Read More