Restricted access to ore already in ports presents the threat of alloy shutdowns, both of which could provide short-term price support for ore and alloy, but the accompanying ore stockbuild in ports is expected to offset gains longer term. Supply and stocks Ore supply from South Africa and Australia has not been much affected much by the coronavirus outbreak so far, although there are talks o...Read More
Most ferro-chrome smelters had covered their ore needs for this week and logistics disruptions are minimal between ports and many major smelters. But logistics disruptions are hitting mills as they seek alloy. Predictions of higher prices have not been realised so far. Supply and stocks Chrome ore inventories at the main ports of Tianjin, Qinzhou, Lianyungang and Shanghai: 3.12-3.42 million t...Read More
Lucara Diamond (TSX: LUC) has recovered a 549 carat diamond from its Karowe mine in Botswana.The mine - one of the world's most prolific producers of large and high-value type IIA diamonds - is the only diamond mine in recorded history to have produced two stones greater than 1,000 carats.Lucara said the unbroken 549 carat white diamond is the fourth-largest diamond found at Karowe and the first l...Read More
Malaysia is set to begin issuing bauxite mining licenses in early 2020, four years after it imposed a ban in response to environmental concerns.The Southeast Asian nation produced very little bauxite prior to 2014, but when Indonesia, China's biggest supplier, imposed a ban on exports of unprocessed minerals in January 2014, China turned to Malaysia to fill the bauxite gap.At the time, Indonesia w...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 financeSPONSOREDminexiaWhile the pace was certainly lively and the stamina of certain press members truly remarkable, the buzz around the city was more than enough...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 financeSPONSOREDminexiaLast week's ‘From the Capital' column recounted efforts by Tom Palmer, the head of leading gold miner Newmont Corporation, to broaden t...Read More
Barrick Gold is not looking to merge with copper miner Freeport-McMoran, CEO Mar...Read full newsRead More
"@Simple_Trends @SmokZy_Joe Once she's done throwing Bernie under the bus --- and Joe's number's don't improve ---- at some point --- she's gonna try and run.Might even take until the convention, but I believe she's working it behind the curtain."Read full newsRead More
Emgold Mining Corporation announces that it expanded its Casa South Property, QC with the addition of 24 mineral claims totaling approximately 1,320 ha.Read full newsRead More
TriStar Gold Inc. pre-feasibility study advancing with results including 4m @ 10.8 g/t gold in hole RC-19-383.Read full newsRead More
Adamera Minerals announces it has entered into an option / joint venture agreement with Hochschild Mining (US) Inc. on its Cooke Mountain gold project.Read full newsRead More
Renforth Resources is pleased to announce that drilling has resumed on Renforth's wholly owned New Alger gold property, located in northwestern Quebec.Read full newsRead More
VVC is raising up to CA$2.0 million (US$1.5 million) in a non-brokered private placement of units of the Company at a price of CA$0.05 per Unit.Read full newsRead More
Barrick Gold is not looking to merge with copper miner Freeport-McMoran, CEO Mar...Read full newsRead More
The silver miners' stocks are looking interesting. While they really lagged silver's surge on gold's bull-market-breakout rally last summer, their upleg since remains intact. Gold stocks' own upleg peaked in early September. And silver itself remains wildly undervalued relative to gold, overdue to mean revert dramatically higher. When that happens during gold's next upleg, the silver stocks have b...Read More
Coal mining. (Image from Pixabay) After a Jekyll and Hyde year in 2019, and a decade characterised by China's disruption of the met coal trade, participants can be forgiven for being sick of change. But research firm Wood Mackenzie believes a shift toward consistency and stability is probably too much to ask for in 2020 as China continues to play powerbroker over the seaborne market and spot pr...Read More
File image. Competition for skilled workers within the Canadian mining industry is already fierce, and with companies in other countries also actively recruiting Canadian graduates and workers, it creates a significant skills gap in the sector, according to The Mining Association of Canada's latest report. Canada's mining industry is worth C$47 billion, with C$29.6 billion concentrated in Ont...Read More
Feb 07, 2020 Guest(s): E.B. Tucker Director, Metalla Royalty & Streaming People are not paying attention to the next bull run, which would be driven by excessive amounts of debt around the world, and now is a good time to be positioned, said E.B. Tucker, director of Metalla Royalty & Streaming. "I think people should see the $1,900 target that we've been talking about as the next phase and I...Read More
Heap leaching process at Mantoverde. (Image courtesy of Queen's University.) Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper's Mantoverde mine and associated projects in Chile for $263 million.MMC has actively been seeking to participate in high-quality copper projects to secure concentrate for its copper smelters as demand for the industrial m...Read More
Credit: Geomega Resources Inc. Geomega Resources (TSX.V: GMA) has secured the required project financing to build the rare earths magnet recycling demonstration plant in St-Bruno-de-Montarville, Quebec.Investissement Quebec, acting as agent of the Quebec government, will provide C$1.72 million in debt financing to Geomega based on a project evaluated at C$3.2 million including capital costs and w...Read More