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
Base metals prices on the London Metal Exchange were higher across the board on the morning of Friday December 18, with copper trading above $8,000 per tonne earlier for the first time since 2013. Infrastructure spending pledges, hopes for more stimulus, falling or low stocks and low Capex levels across the industry for several years all make for a bullish long-term backdrop for the...Read More
The temporary closure of Japanese carmaker Honda's Swindon plant last week sparked concerns through the local downstream aluminium sector that a no-deal Brexit would prompt a chain reaction of automotive closures and sound the death knell for UK car production. Compounding this, a global pandemic, bloated freight costs, overpriced containers and the proliferation of scrap shortages have driven alu...Read More
Stronger global demand for scrap shipments in bulk has led to a sharp rise in deep-sea import scrap prices to Bangladesh over the past week, market participants told Fastmarkets on Thursday December 17.An acute shortage of containers has pushed more buyers toward the bulk route in recent weeks, with at least two Bangladeshi mills in the market actively looking for a deep-sea cargo, which led to a...Read More
Two years ago The Northern Miner named Nick Mather, president and CEO of Australian junior SolGold (TSX: SOLG; LSE: SOLG), as its Mining Man of the Year for his role as the driving force behind the world-class Alpala gold-copper deposit at its Cascabel project in Imbabura province in northern Ecuador. The company has attracted major companies as shareholders, including BHP (NYSE: BHP; LSE: BHP) wi...Read More
Perseus Mining (TSX: PRU; ASX: PRU) has successfully completed the first pourof gold at its Yaour?(C) Gold mine in C??te d'Ivoire, five weeks ahead of schedule.With construction of the Yaour?(C) processing plant and associated infrastructure largely complete, the company expects to declare commercial production during the March 2021 quarter.Perseus acquired Yaour?(C) when it merged with Amara Mini...Read More
Endeavour Silver (TSX: EDR; NYSE: EXK) has agreed to sell its El Cubo mine and related assets to Mexico-focused miner VanGold Mining (TSXV: VGLD).Endeavour will receive a combination of US$7.5 million cash, US$5 million in VanGold shares and US$2.5 million in unsecured promissory notes, for a total payment of US$15 million.The El Cubo mine, located in Guanajuato, Mexico, includes two previously o...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) is buying Trillium Mining for $25 million (US$19.6 million) to access a 5,418-hectare land package located east of its own Island Gold deposit in Ontario, Canada.The acquisition, Alamos said, more than doubles its land position to 15,000 hectares in the Michipicoten Greenstone Belt of northern Ontario.The move would give the Toronto-based company Trillium's namesa...Read More
Kuya Silver (KUYA) has acquired 100 per cent of S&L Andes Export S.A.C., the company which owns the Bethania Project.Read full newsRead More
FansUnite Entertainment (FANS) and its partner, GameCo, are working with US Bookmaking and Sky Ute Casino to establish an esports sportsbook in the United States.Read full newsRead More
Laurion Mineral Exploration Inc. today announced that it is propoRead full newsRead More
Pacific Empire Minerals Corp. is pleased to announce it has signeRead full newsRead More
Novo Resources Corp. is pleased to announce that its Annual GenerRead full newsRead More
Sanatana Resources Inc. is pleased to announce that it has compleRead full newsRead More
Novo Resources Corp. is pleased to announce that it has receivedRead full newsRead More
Puma Exploration Inc., PUMA-TSXV, is pleased to announce the closRead full newsRead More
When uncertainty stalks the markets, only the strongest stocks will do. That’s why we’ve picked out two of the sturdiest names currently trading on the TSX. The following top stock picks are based on three main criteria. In order to make the cut, these two companies had to be well established, profitable, and undervalued. With over $1 billion in market capitalization apiece, both names...Read More
Uncertainty surrounding Brexit - with no trade deal agreed yet between the United Kingdom and the European Union - has prompted spot activity in some minor metals and ferro-alloys markets, with market participants finding difficulties in moving their material across the borders. Traders in the UK have increased their orders in the last few weeks ahead of potential import duties that might be comin...Read More
District Metals Corp. (TSX-V: DMX, FRA: DFPP) is focused on its advanced exploration stage, polymetallic Tomtebo Property, located in the Bergslagen Mining District of south-central Sweden District, right in between two very, very large polymetallic deposits. We learned from Garrett Ainsworth, President and CEO of District Metals that they acquired the project in July this year, raised $2.4 millio...Read More
In the first part of our US$ and Gold research, we highlighted the US Dollar vs. Gold trends and how we believe precious metals have recently bottomed while the US Dollar may be starting a broad decline. We are highlighting this because many of our friends and followers have asked us to put some research out related to the US Dollar decline. Back in November, we published an article th...Read More