Commodities trader Trafigura has inked an agreement with the Congolese government to help improve conditions at informal mine sites in return for cobalt supplies. As part of the offtake deal with state-owned Entreprise G?(C)n?(C)rale du Cobalt (EGC), Trafigura will fund the creation of up to six strictly controlled artisanal mining zones.The company will also install ore purchasing stations in a...Read More
EY Thought Leadership Panel - GMS: November 10th, 2020 from The Northern Miner on Vimeo.Read More
(Updates prices) * U.S. manufacturing, services activity expanded rapidly in Nov * AstraZeneca says COVID-19 vaccine can be 90% effective * Tailwinds behind gold have not yet fully dissipated-analyst * Interactive graphic tracking global spread of coronavirus: open * https...Read full newsRead More
This year's dawning winter rally has great upside potential after the gold and gold stock corrections run their courses.Read full newsRead More
ALX Resources Corp. is pleased to announce that it has executed aRead full newsRead More
Kerr Mines Inc. and Star Royalties Ltd. are very pleased to jointRead full newsRead More
African Gold Group would like to invite shareholders and the geneRead full newsRead More
Gold prices are soaring. The current price stands near US$1830 per ounce. During this time last year, gold prices were trading just over US$1,400 per ounce. Worth noting is that this was itself already a solid $200 gain over 2018 levels. This makes precious metal stocks an intriguing investment option to consider.One example worth noting is Wheaton Precious Metals (TSX:WPM)(NYSE:WPM), which isn&rs...Read More
Despite a weak economic outlook, the steep recovery in equities led many to believe that the market could soon witness a sharp correction. However, the uptrend continued irrespective of the growing disconnect between the economy and the stock market, making it difficult to predict whether the stock market would continue to rise or if the uncertainties would drag it down. While it’s toug...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
Aluminium premiums in China and the United States rose in the week ended Tuesday November 24, while other regions maintained a focus on first-quarter 2021 business.Strong demand in ChinaUS Midwest premiums climbEuropean participants focus on first quarter 2021MJP spot market static.Shanghai premiums up with arb window openAn open import arbitrage window, as well as strong demand in China, helped t...Read More
A summary of base metals premiums from across the globe for the week to Tuesday November 24.Please click...Read More
Here are five Fastmarkets stories you might have missed on Tuesday November 24 that are worth another look.European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of...Read More
Trader Afrimet Resources (AMR) will invest up to C$650,000 ($497,000) in Canadian exploration company Tantalex Resources Corp in a private placement that gives AMR shares and rights to buy additional shares in Tantalex.As part of the transaction, Hadley Natus, AMR's founder, becomes director and chairman of the board of Tantalex - one of many management changes announced by Toronto-based Tantalex...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comNov 24, 2020 Another awesome day is underway on the gold market gridlines... for eager accumulators of the world’s greatest asset! Please click here now. Double-click to enlarge this fabulous weekly gold chart. The $1788 support zone is my focus for fresh buying. Serious gold market...Read More
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
Chaketma was effectively stolen by Tunisian Mining Services (TMS), Celamin's Tunisian joint venture partner, in 2015.Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 20.AsiaSeaborne prices for high and low-grade manganese ore fell following lower offers amid high inventories and weakening market sentiment.Falling portside ore prices put additional downward pressure on both grades of material.Portside manganese ore prices of both grades ticked down amid...Read More
Vancouver, BC November 24, 2020 - KORE Mining Ltd. (TSXV: KORE | OTCQX: KOREF) ("KORE" or the "Company") announces that the Board of Directors is considering maximizing the value of its gold portfolio by splitting KORE's US development assets and Canadian exploration assets into separate publicly listed companies by way of a "spin-out" ("Transaction") to KORE shareholders. The Board has authoriz...Read More