Fastmarkets MB today launched daily publication for its benchmark price assessments for standard and alloy-grade cobalt, in-whs Rotterdam. Folllowing a consultation period in 2019, Fastmarkets has launched daily price assessments for cobalt standard grade, in-whs Rotterdam, $/lb and cobalt alloy grade, in whs Rotterdam $/lb. The increase in frequency is intended to provide greater transparenc...Read More
Revival Gold (TSXV: RVG; US-OTC: RVLGF) has released an updated resource for the 51-sq.-km Beartrack-Arnett project in Idaho with substantial growth in the inferred resource category.The latest estimate features updated numbers for the Beartrack portion as well as an initial estimate for Arnett.Indicated resources now stand at 36.4 million tonnes grading 1.16 grams gold per tonne for a total of 1....Read More
Centerra Gold (TSX: CG) has poured the first gold from its Oksut mine in Turkey.Oksut will be the company's third operating gold mine, joining Kumtor and Mount Milligan.A 2015 feasibility study for the project outlines an operation producing an average of 110,000 oz. gold per year at all-in sustaining costs (AISCs) of US$490 per oz., with a development capital cost of US$200 million.Reserves for O...Read More
The mining and metals sector is facing greater scrutiny from communities in host countries, consumers and society at large, demanding transparent, ethical supply chains, as well as a lower carbon footprint, a new study from Deloitte shows.Rather than declining any time soon, the pressure to meet those expectations will force resource companies to redefine the way they do business, shaping the sect...Read More
Despite mining's contribution to almost every aspect of modern life, the industry is still seen as one that takes more than it gives, which has brought it to the reputation crisis it faces today, Anglo American's (LON: AAL) chief executive officer, Mark Cutifani, said on Monday."We need to connect the future of mining with next-generation societal values," Cutifani told delegates at African Mining...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaIn the UK, it's the emergence of daffodils that signal the approach of spring, while an increase in demand for lithium hints of a thaw in fro...Read More
TD Securities global head of commodity strategy Bart Melek discusses how coronavirus is affecting metals prices, including copper.Read full newsRead More
TORONTO, Ontario, Jan.31, 2020(GLOBE NEWSWIRE) -- Centerra Gold Inc. ("Centerra") (TSX: CG) is pleased to announce that the first gold pour from its...Read full newsRead More
The company reported net loss and cash used for 2019 in-line with past years while making progress on the permitting front.Read full newsRead More
Imagination Park Technologies (CSE: IP- OTCQB: IPNFF) President and CEO Alen Paul Silverrstieen joined Steve Darling from Proactive Vancouver on Skype to discuss the augmented reality company that is preparing for a big 2020 as they bring AR-as-a-Service pretty much anyone without any programming or technology experience.Read full newsRead More
TD Securities global head of commodity strategy Bart Melek discusses how coronavirus is affecting metals prices, including copper.Read full newsRead More
Are gold miners poised to begin a long period of outperformance against gold?2. I've argued that most gold stocks peaked against gold bullion in 2006. GDX $31 and GDXJ $46 are my "launchpad" numbers for a major new bull run, a run that could last for decades.3. Please click here now. Schroders fund manager James Luke believes the miners peaked in 2005.4. He argues that the comp...Read More
Gold has rallied sharply since the start of 2020 gaining 2% to be trading at around US$1,550 per ounce. There are signs that the yellow metal will make further gains during 2020, particularly as uncertainty grows and economic as well as geopolitical risks worsen.Rising fearA key risk weighing on stocks and supporting gold is the coronavirus outbreak. This is because there are very real concerns th...Read More
The TSX Index had a big year in 2019, with strong gains coming from a number of sectors.This has made it a bit more difficult to find deals in the Canadian stock market, but there are a few top companies that didn’t participate in the rally last year and appear cheap right now for buy-and-hold investors.Let’s take a look at one oversold dividend stock that might be an interesting pick...Read More
Canada's Quebec province. Stock image. The Mining Association of Canada (MAC) released its annual Facts & Figures report on Tuesday, saying it is time is for the industry to fulfill its potential as a dominant mining nation. The resource-rich country ranks among the top five countries in the global production of 15 minerals and metals. The industry was valued at $105 billion in 2018, and mine...Read More
At this point, most people seem to understand that clean energy isn't just the future...It's the present.We need to transition to clean forms of energy and we need to do it yesterday.But when it comes to making clean tech efficient and profitable, stumbling blocks continue to pop up.Resource scarcity, insufficient battery capacity, and inconsistent production from wind and solar sources are a few....Read More
Unlisted funds raised 12 times the amount for farmland versus mining investments. Image: Soligorsk, Belarus , Adobe stock. According to a new report by private capital tracker Preqin, fundraising for mining and metals investment slowed dramatically in 2019, falling to an eight year low. Aggregate capital raised to invest in farmland was 12 times that of mining, doubling from 2018 to $3.6 billio...Read More
Barrick's Kibali mine, Democratic Republic of Congo. Image from Rangold Resources. Global gold production is likely to keep falling, Barrick Gold (NYSE: GOLD TSE: ABX) boss Mark Bristow said on Tuesday. Bristow spoke at African Mining Indaba in Cape Town, the continent's biggest gathering of one of its most vital industries. In mid-January, the world's second-largest gold miner announced pr...Read More
The ????pler mine in eastern Turkey. Image by Alacer Gold Alacer Gold (TSX: ASR) (ASX: AQG) on Tuesday released its operating and financial results for the full-year ended December 31, 2019. The company had an "exceptional" year in 2019, generating more than $215 million in unlevered cash flow.With its operating foundation set as an intermediate producer, Alacer's focus for 2020 is to continue to...Read More
SQM evaporation ponds in Atacama, northern Chile. (Image courtesy of SQM.) Shares in lithium producers soared on Tuesday with the sector getting caught up in the investor enthusiasm for electric vehicle pioneer Tesla.Tesla's stock value has doubled since December, and the company is now worth more than Detroit's big three automakers - GM, Ford and Fiat Chrysler - combined. Only Toyota surpasses T...Read More