Key data from the pricing sessions in the United States, Europe and Asia for the week ended Friday November 6.China Chinese exporters raised offer prices mainly due to the recent rapid appreciation of the Chinese yuan against the US dollar and firm domestic prices. There was no deal concluded due to the big price discrepancies between offer prices and what overseas consumers could accept. The dome...Read More

Seaborne prices for both low and high-grade manganese ore in China continued to trend down in the week to Friday November 6 after miners lowered offer prices for December shipments on persistently weak sentiment, partly due to record high port inventories, sources told Fastmarkets.Lower offers sparked some buying interest and led to improved liquidity in the past week as a result, sources said. Fa...Read More

The domestic Chinese magnesium price picked up during the first week of November after producers raised their offer prices, however, weak downstream demand limited the price growth, sources said.Fastmarkets' weekly price assessment for magnesium 99.9%, exw China was 12,500-12,600 yuan ($1,890-1,906) per tonne on Friday November 6, an increase of 100 yuan per tonne from 12,400-12,500 yuan per tonne...Read More

The European Commission (EC) has ended an anti-subsidy investigation into hot-rolled stainless steel sheet and coil originating from China and Indonesia, the EC said on Monday November 9.The investigation was terminated after European steel association Eurofer withdraw a complaint on September 18, 2020. The EC started an anti-subsidy investigation on October 10, 2019 after Eurofer.....Read More

Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningIn Beckett's original, Godot is a character likened to God. He is a source of consta...Read More

After seven consecutive weeks of decline, portside prices for low- and high-grade manganese ore in China halted their downtrends with the high-grade one even registering slight gains in the week to Friday November 6 on increased buying interest from alloy smelters. Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China was 30.60 yuan ($4.63) per dry metric tonne...Read More

The Australian Trade and Investment Commission (Austrade), in collaboration with Geoscience Australia and the Department of Industry, Science, Energy and Resources, recently published the second edition of the Australian Critical Minerals Prospectus, a document aimed at highlighting the country's position on critical materials supply.To prepare the report, the Australian government examined lists...Read More

GMV Minerals (TSXV: GMV; US-OTC: GMVMF) has released the results of an updated preliminary economic assessment (PEA) for its wholly owned Mexican Hat gold project in southeastern Arizona, 116 km from Tucson.The PEA outlines an open-pit heap-leach mine with a mine life of 10 years, producing a total of 525,000 oz. gold at average all-in sustaining costs (AISCs) of US$1,136 per ounce.Initial capex i...Read More

Troilus Gold (TSX: TLG; US-OTC: SKREF) has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty (NSR) on 81 mineral claims and one mining lease (the Troilus mine) from First Quantum Minerals (TSX: FM). As consideration for this repurchase, Troilus will pay First Quantum $20 million in cash. In conjunction with this repurchase, the developer is also raising approxima...Read More

The Global Tailings Review (GTR) released the first-ever Global Standard on Tailings Management in August. The standard aims to strengthen current best practices around the management of tailings dams in the mining industry, with the goal of zero harm to people and the environment."Tailings are generated from mining activities and are usually thickened and then hydraulically pumped to tailings dam...Read More

We can agree that silver is useful. It was one of the first five metals used by humans (the others being gold, copper, lead and iron), and readers in North America will be familiar with silver's monetary and industrial applications. The latter are shaped by silver being the most reflective metal, and it having the highest electrical conductivity of any element and the greatest thermal conductivity...Read More

The High Court of Manchester, northwestern England, on Nov. 9, blocked a ?5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating dam collapse at an iron ore mine in Brazil in 2015, which killed 19 people and became the worst environmental disaster in the country's history.The suit, filed last year by 235,000 Brazilian people and groups including Indigenous tribes...Read More

Japan's top smelter, JX Nippon Mining & Metals, is buying a stake in its majority-owned Caserones copper mine in Chile, which was put up for sale on Nov.9 by its partners in the operation, Mitsui & Co and Mitsui Mining and Smelting.The move doesn't come as a surprise as Caserones has been a source of ongoing worries for its owners, even before it began producing in May 2014.The project's cost m...Read More

Caldas Gold (TSXV: CGC; US-OTC: ALLXF) reported high-grade assays from its Marmato asset in Colombia, including a record 5.73 grams gold per tonne and 5.2 grams silver per tonne over 63 metres from 356 metres downhole. The intercept in drill hole MT-IU-076 was part of a broader 386-metre intersection of 2.34 grams gold and 3.5 grams silver starting from 312 metres in the New Zone, which remains op...Read More

Chinese steel production has been enough to cushion the global vanadium market from weaker demand in Europe and the United States in the fall-out from the coronavirus pandemic, according to Paulo Misk, president and chief executive of Largo Resources. "China - the country we [in February] thought was most affected [by Covid] - actually saw a surge of vanadium consumption. In the first half of 2020...Read More

Mining Journal - Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More

/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More

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