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Kopore seeks funding to hunt for more Kalahari copper

February 20, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe cash-strapped Kopore, capitalised this week at about A$4 million, had its best hit with the last of the total of 20 holes it has so far put into a ground package covering more than 14,000 squareRead More

Markets focused on coronavirus developments, less so on impact to supply chains

February 20, 2020 / www.metalbulletinresearch.com

Equity markets remain buoyant in Asia, but pre-market western equity indices have started to weaken, while metals are mixed this morning, Thursday February 20.It seems as though equities are focused on how well the novel coronavirus (2019-nCoV) is being contained, while the metals are taking a more cautious stance as they wait for the market to assess the impact on supply and demand. Indeed, given...Read More

IRON ORE DAILY: Port prices rise amid surge in May futures contract

February 21, 2020 / www.metalbulletin.com

Chinese port prices increased by as much as 15 yuan per tonne ($2.14 per tonne) for Pilbara Blend fines on Thursday February 20 amid a surge in the May iron ore contract on the Dalian Commodity Exchange (DCE).Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $92.01 per tonne, up $2.01 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $91.34 per tonne, up $2.01 per tonne.62% Fe low-...Read More

Warrior Met Coal to develop 3.9-million-tonne hard coking coal project in US

February 21, 2020 / www.metalbulletin.com

US-based metallurgical coal producer Warrior Met Coal has announced plans to develop a hard coking coal project in Alabama with a capacity of 3.9-million-tonnes per year, through an investment of around $550-600 million over the next five years.The company expects the development of the Blue Creek project to produce 4.3 million short tons per annum - 3.9 million tonnes - of premium high-vol A meta...Read More

COKING COAL DAILY: Second-tier prices surge amid tight supply

February 21, 2020 / www.metalbulletin.com

Trading activity involving second-tier seaborne coking coal pushed up prices on Thursday February 20, though doubts lingered over recent strength of the market.Fastmarkets indicesPremium hard coking coal, fob DBCT: $158.29 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $167.13 per tonne, up $0.19 per tonneHard coking coal, fob DBCT: $141.63 per tonne, up $8.13 per tonneHard coking coa...Read More

nCoV-19 coronavirus, seaborne supply uncertainty to drive iron ore price volatility in 2020 - BHP

February 21, 2020 / www.metalbulletin.com

The outbreak of the novel coronavirus (2019-nCoV), intra-year demand volatility and seaborne supply uncertainty are likely to contribute to iron ore price volatility in the coming year, Australia miner BHP said."If Covid-19 is effectively and demonstrably contained within the March quarter, we expect that an accelerated run-rate in the construction and manufacturing sectors for the remainder of th...Read More

Tech Talk for Thursday February 20th 2020

February 20, 2020 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening comments. Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for the February Philly Fed Index was a drop to 12.0 from 17.0 in January. Actual was an increase to 39.7. Consensus for Weekly Jobless Claims was an increase to 210,000 from revised 20...Read More

CHINA REBAR: Prices mixed amid partial resumption of construction

February 21, 2020 / www.metalbulletin.com

China's domestic rebar prices were mixed on Thursday February 20, with a partial resumption of work by the construction sector providing support in the eastern region while the cold weather in the north kept demand in check.Eastern China (Shanghai): 3,400-3,430 yuan ($486-490) per tonne, up 30 yuan per tonneNorthern China (Beijing): 3,330-3,350 yuan per tonne, down 20-30 yuan per tonneSeveral key...Read More

Gold in Currencies & Cryptocurrencies

February 20, 2020 / www.armstrongeconomics.com

QUESTION #1: Marty; On the Private Blog 1/19, you wrote “When we look at the Weekly Array, we can also see volatility rising this coming week. The two key weeks ahead are those of 01/27 and 02/17. Therefore, failure to make a new high warns that we may see a retest of support ahead. We see February is a Double Directional Change. This is clearly warning that we have to play this by the numbe...Read More

Coronavirus outbreak keeping China's stainless steel market subdued

February 21, 2020 / www.metalbulletin.com

China's stainless steel market saw some activity over the past week following several weeks of stagnation as a result of the novel coronavirus (2019-nCoV) outbreak in the country.The sparse trading led some sellers to cut their prices though some of their more optimistic peers raised them in anticipation of a gradual recovery of demand.Both the central Chinese government and local authorities have...Read More

Coronavirus impacts base metals market

February 20, 2020 / www.northernminer.com

The coronavirus (COVID-19) outbreak continues to spread, with figures from the World Health Organization putting the number of infected people in China at 77,262 and the number of deaths in the country at 2,595, including two in Hong Kong.Another 2,069 cases and 23 deaths have been reported in 29 other countries, with eight deaths reported in Iran, seven in South Korea, two in Italy, and one in th...Read More

Brazil's Bolsonaro eyes Amazon riches

February 20, 2020 / www.northernminer.com

A proposal by the Brazilian government to open up the Amazon rainforest to mining presents opportunities for some and risks for others.The mineral wealth hidden beneath Brazil's Amazon rainforest is believed to be considerable.In recent years, the state of Par??, the second largest in Brazil's Amazon region, has overtaken Minas Gerais as the country's leading minerals producer, with companies prod...Read More

Kirkland Lake Gold's Tony Makuch our Mining Person of the Year for 2019

February 22, 2020 / www.northernminer.com

Tony Makuch, president and CEO of Kirkland Lake Gold, is The Northern Miner's Mining Person of the Year for 2019.Under his leadership, Kirkland Lake Gold has outperformed its peers in the last 24 months. The company's shares rose by 60% last year, it raised its dividend twice and more than doubled its cash position, ending 2019 with US$707 million in cash and equivalents.Kirkland Lake Gold operate...Read More

Tesla announcement surprises cobalt, nickel bulls

February 20, 2020 / www.northernminer.com

Cobalt bulls were dealt another blow this week after reports that the world's largest electric carmaker is shifting some production of its most popular model away from batteries that contain nickel and cobalt.In a surprise move, China's top battery manufacturer CATL will supply Tesla with lithium iron phosphate (LFP) batteries for its Model 3 production at its newly built US$2 billion factory outs...Read More

China's growth recovery

February 20, 2020 / www.mining-journal.com

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 financeSPONSOREDminexiaThe mining industry entered 2020 with a hint of optimism from forecasts that global growth could strengthen in the new year.Read More

Rural California's delegate gold mine suddenly matters in Democratic primary

February 20, 2020 / dlvr.it

"California is no longer a strategic consideration. It's a tactical consideration,'' said strategist Mike Madrid.Read full newsRead More

Imagination Park (@IPtechAR) (#CSE: $IP | #OTC: $IPNFF) Sponsors Legendary Boxing & MMA Cutman Stitch Duran for Wil...

February 19, 2020 / twitter.com

"Imagination Park (@IPtechAR) (#CSE: $IP | #OTC: $IPNFF) Sponsors Legendary Boxing & MMA Cutman Stitch Duran for Wilder vs Fury 2 ??~?[https://t.co/4jaRqZlLul]#investing #stocks #stockmarket #trading #investors #news #business #tech #technology #AR #augmentedreality #mobileAR"Read full newsRead More

CANEX Anounces Additional Rock and Soil Sample Results from Gold Range Including 24 g/t Gold Over 1.5 metres

February 20, 2020 / bit.ly

CANEX Metals Inc. announces results for 41 rock samples and 15 reconnaissance soil samples from their Gold Range Property.Read full newsRead More

Blue Thunder Acquires Strategic Mineral Properties

February 20, 2020 / bit.ly

Blue Thunder Mining Inc. (TSXV:BLUE) is pleased to announce that it has signed a Letter of Intent (Read full newsRead More

Global Energy reveals plans to advance Tesla-neighbouring Nevada nickel/cobalt projects

February 20, 2020 / miningmaven.com

Global Energy Metals (TSX-V:GEMC) has unveiled plans to develop its nickel/cobalt projects near Tesla's Gigafactory in Nevada. The firm hopes to complete a...Read full newsRead More

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