An overview of the chrome ore and alloy markets and their latest price moves.China Prices for UG2 chrome ore fell more slowly, amid limited trading activity. The spot ferro-chrome price remained steady with sentiment buoyed by power restrictions in Inner Mongolia, the major production region for high-carbon ferro-chrome. Falling stainless steel prices also weighed...Read More
China produced 21.97 million tonnes of crude stainless steel in the first nine months of 2020, according to data released by the China Stainless Steel Council (CSSC) on November 13.This is a 516,200 tonnes (2.3%) drop compared with the output over the same period of last year, the CSSC said.China's apparent stainless steel...Read More
This week's episode features world-renowned economist David Rosenberg in a fireside chat with Northern Miner group publisher Anthony Vaccaro at the Global Mining Symposium on Nov. 12. David and Anthony discussed the impact of the Pfizer vaccine on economic growth, interest rates, bitcoin vs. gold, and much, much more in this hour-long in-depth discussion.All this and more with online editor and ho...Read More
Describing silver as a "metal important for future technologies" (MIFT) in a new report on the outlook for commodities in 2021, Bank of America said the "current focus on decarbonisation/solar panels should support fundamentals.""The silver market has rebalanced on production discipline and demand from new applications including solar panels," the bank stated. "If more spending on solar panels com...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has reported new drill results from its fully-funded $21 million exploration program on its 100%-owned flagship Dixie project, about 25 km southwest of Red Lake, Ontario.The latest drill results are from holes spaced 40-150 metres apart in previously undrilled gaps and step-outs on a 4,200 metre by 500 metre drill grid on the LP zone. The zone is a...Read More
O3 Mining (TSXV: OIII) has reported new drill results from the Gold Hawk zone at its Marban gold project, part of the company's wholly-owned Malartic property located near Val d'Or, Quebec.The current 45,000 metre drill program is focused on expanding mineralization outside of proposed pit areas previously outlined in a preliminary economic assessment released in early September.O3's president and...Read More
If leadership on climate action and environmental best practices are worthwhile pursuits, then the Canadian mining sector is an industry that's deserving of Canada's - and the global market's - full support.And if a strong regulatory framework for environmental performance, growing Indigenous support and a superior record on human rights are equally important benchmarks, then our country's mining...Read More
Underground at the MCSA copper complex Credit: Ero CopperVancouver-based copper and gold producer Ero Copper (TSX: ERO) has tabled an updated resource and reserve statement for its NX Gold mine in Brazil. With this update, the underground operation now has an expected mine life of six years.In conjunction with the updated reserve numbers, Ero released an updated mine plan for NX Gold, which sugges...Read More
Castle Mountain heap leach Credit: Equinox GoldEquinox Gold's (TSX: EQX; NYSE-AM: EQX) Castle Mountain mine in California has declared commercial production. The open-pit, heap leach operation poured its first gold on Oct. 15 and is expected to generate 5,000 to 10,000 oz. of gold for the company this year. The company completed construction of the asset in mid-September.In its first, 12,700 tonne...Read More
A long-running battle between Nordgold (LSE: NORD) and China's Shandong Gold over Cardinal Resources (ASX: CDV) has taken an unexpected turn after a Ghanaian firm formally presented on Tuesday an all-cash, unsolicited offer for the Australian miner.Engineers & Planners Company is topping previous bids for Cardinal with a conditional, off-market takeover offer of A$1.5 (US$1.10) per share, that wo...Read More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Western Copper and Gold Corporation is pleased to announce thatRead full newsRead More
Renforth Resources Inc. is pleased to announce a first successfulRead full newsRead More
Brigadier Gold Limited is pleased to announce assay results for tRead full newsRead More
Sixty North Gold Mining Ltd. Further to the Company's press releaRead full newsRead More
Pacific Empire Minerals Corp. is pleased to provide an update onRead full newsRead More
A.I.S. Resources Limited announces that due to significant investRead full newsRead More
VVC Exploration Corporation announces the following: Debt ConversRead full newsRead More
Barrick Gold (TSX:ABX)(NYSE:GOLD) tanked in the past week due to a strong pullback in the price of gold. Investors with an eye for value wonder if this might be the right time to add Barrick Gold stock to their portfolios.Gold outlookAt the time of writing, gold trades near US$1,800 per ounce. That’s the lowest since July and down from a high of US$2,080 in August. Gold started the year near...Read More