The Potos?- zinc and lead mining region in Bolivia will remain closed until at least May 31, according to a recent announcment by its mayor, Luis Alberto L??pez.The announcement, reported in regional newspaper El Potos?-, was an extension of previous guidelines and included mining. Industry in the area has been locked down since late March because...Read More
A summary of Canadian minor metals and specialty chemicals producer 5N Plus fiscal results for the first quarter of 2020. In brief: 5N Plus improved net earnings due to expansion into products with higher value-added content, but revenue was down as a result of relatively lower metal prices for the period. Overall sales volumes were higher year on year. Mandatory plant shutdowns ordere...Read More
A summary of stainless steel producer Aperam's results for the first quarter of 2020.In brief Sales, shipments and adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) were down year on year due to the coronavirus-driven downturn.The company reported a "seasonally...Read More
The spot copper concentrate market continued to trade at lower treatment and refining charges (TC/RCs) in the week to Thursday May 7. Fastmarkets' copper concentrates TC/RC index, cif Asia Pacific dropped to $50.4 per tonne / 5.04 cents per lb on Thursday and is now down by 23.3% month on month from $65.70 per tonne / 6.57 cents per lb on April 3. Deals reported to Fastmarkets show Chinese s...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has released the results of a preliminary economic assessment (PEA) on an underground development within its Aurizona mine site in northeastern Brazil.The early-stage study suggests a feed contribution of 2,800 tonnes per day from the Piaba underground to the existing 8,000-tonne per day plant at the site. This incremental operation would deliver an additional...Read More
Australia-based Tempus Resources (ASX: TMR) has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora project in Ecuador.Sprott Asset Management and an Asia-based specialist natural resources fund participated in the financing, which issued a total of 26.17 million common shares at a price A15.3 ? pe...Read More
The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.European steel association Eurofer has lodged a complaint with the EC, alleging that HRC has been exported from Turkey at dumped prices."In April 2020, a new [anti-dumping] investigation was opened into HRC from Turkey," ArcelorMit...Read More
Copper Mountain Mining (TSX: CMMC) has improved the economics of its Eva copper project in Queensland, Australia, with an updated feasibility study showing a longer mine life, increased production and lower cash costs.Compared with a feasibility completed in 2018, the new study has increased the mine life by three years to 15 years, boosted annual production by 25% to 100 million lb. copper, and d...Read More
The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.European steel association Eurofer has lodged a complaint with the EC, alleging that HRC has been exported from Turkey at dumped prices."In April 2020, a new [anti-dumping] investigation was opened into HRC from Turkey," ArcelorMit...Read More
Anglo American (LSE: AAL) is speeding up its exit from thermal coal and plans to spin off its South African coal unit within the next three years.Mounting pressure from investors, regulators and environmental organizations has pushed miners to either sell coal assets or to limit their exposure to the fossil fuel in recent years.The diversified miner, which has consistently been offloading coal ope...Read More
Moneta Porcupine Mines (TSX: ME; US-OTC: MPUCF) has released results from a winter drill program at its wholly owned Golden Highway project, 110 km east of Timmins, Ontario.The project has six known deposits: South West, West Block, Windjammer North, 55, Windjammer South and Discovery. The property is within trucking distance of six existing mills that have excess capacity for toll milling, but th...Read More
GoldMining (TSX: GOLD; US-OTC: GLDLF) has released a pit-constrained maiden resource estimate for the Yarumalito project, 75 km southwest of Medellin, Colombia, with total inferred resources of 66.3 million tonnes grading 0.7 gram gold-equivalent per tonne for a total of 1.5 million gold-equivalent ounces.Notably, this statement includes 9.1 million tonnes at 0.66 gram gold-equivalent per tonne of...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 resourcesSeven ways the resources sector can survive the COVID-19 crisisSPONSOREDproudfootA company should develop any project with a positive net present value and as many of them as it is luck...Read More
Paul Brink, president and CEO of Franco-Neveda joins BNN Bloomberg to discuss their Q1 earnings and how the company has managed to increase their dividend amid COVID-19 uncertainty.Read full newsRead More
...just say no (to negative rates)Read full newsRead More
"NEWS: FPX Nickel re-affirms anticipated timing for completion of updated PEA on Baptiste #nickel deposit in Q3/Q4 2020https://t.co/pHKl4d5NGz"Read full newsRead More
Vancouver, BC - May 7, 2020 - Surge Exploration Inc. Read moreRead full newsRead More
Global finance chiefs welcome green recovery from Covid-19, as proposed by economists Stiglitz and Stern Climate positive policies offer superior economiRead full newsRead More
Paul Brink, president and CEO of Franco-Neveda joins BNN Bloomberg to discuss their Q1 earnings and how the company has managed to increase their dividend amid COVID-19 uncertainty.Read full newsRead More
...just say no (to negative rates)Read full newsRead More