Nelligan drill core Credit: Vanstar Drill results from Iamgold's 75%-owned Nelligan joint venture project in Quebec suggest potential for a western extension of the existing resource and confirm the data in the existing resource model.In its most recent release, the company has reported assays for six diamond drill holes. Highlight intercepts include 27 metres of 2.86 g/t gold starting at 337.5...Read More
Dixie project. Photo by Great Bear. Drilling at Great Bear's 91.4-sq.-km Dixie property in Ontario has intersected a new Red Lake-style gold-bearing zone -Arrow - 1 km west of the Hinge zone, which features a similar style of mineralization.Hole REG-002 returned three gold-bearing zones along 435.6 metres of core, including 15 metres of 3 g/t gold starting at 451.5 metres, with visible gold in...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories:Vale to resume operations at Voisey's Bay in July - Read the story here.$37 billion gold project spend needed by 2025 - Read the story here.Dominion Diamond sues partner in Diavik mine - Read the story here.Nexa issues $500 milli...Read More
Appian Capital Advisory has announced the appointment of Igor Gonzales as the company's Chief Operating Officer.Gonzales will manage the company's technical team working across Appian's portfolio, with direct oversight of the firm's operated assets including Atlantic Nickel's producing Santa Rita nickel-copper-cobalt project and Minera????o Vale Verde's copper-gold Serrote project in Brazil, which...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
The three-month zinc price on the London Metal Exchange was the top performer at the close of trading on Thursday June 18, with steady buying prompting its highest close since February, while copper futures consolidated above nearby support levels over the afternoon.Zinc's underlying price on the LME closed at $2,052 per tonne at 5pm London time, climbing from an intraday low of $2,012.50 pe...Read More
The London Metal Exchange three-month copper price rose during morning trading on Thursday June 18, breaching nearby resistance levels after a sizable fresh cancellation, while zinc futures maintained Wednesday afternoon's gains in a steady consolidation above $2,000 per tonne.LME copper's outright price was recently at $5,847.50 per tonne, climbing by over 1% from Wednesday's closing price of $5,...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
The term sheet was agreed with investment firm Lionhead Capital, whose founding partner Paul Quirk is a non-executive director at Cora.It includes US$6 million of equity, US$6 million of convertible debt and US$10 million of debt financing, and is dependent on Cora completing a positive definitive feasibility study (DFS) by the end of 2021.Cora's DFS needs to deliver a minimum six years' mine life...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that the Company has received its first major purchase order out of Australia for its UV350 dedicated in-vehicle IoT device, valued at approximately $300,000. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very pleased to enter into the Australian market with ou...Read More
"Although we continue to hold significant reservations about the eventual path of the earnings recovery and warn there are many challenges yet to be faced, our analysis now suggests that there isRead More
By: Gary SavageSPX short-term cycles, a head and tops topping pattern?Read More
By: Ira EpsteinGold is stuck in the middle of this dead zone. What is needed to get out of the range?Read More
IAMGOLD is the latest company to experience pushback and has suspended operations at its Rosebel gold mine in Suriname after the union resisted the implementation of prevention measures after seven workers were diagnosed with the virus.The union at Rosebel, which is forecast to produce 245,000-265,000 ounces of attributable production this year, resisted social distancing measures such as reducing...Read More
Here are five Fastmarkets stories you might have missed on Thursday June 18 that are worth another look.Workers of Tata Steel's Dutch operations have planned another strike during the night shift, which will affect the hot zone, the trade union FNV Metaal said on June 18.Brazilian iron ore and metals producer Vale has scheduled the reopening of its Canada-based Voisey's Bay nickel unit to early Ju...Read More
Domestic prices for ferrous scrap in Germany have increased by about ?,?5-10 per tonne month on month in June, sources told Fastmarkets on Thursday June 18.Fastmarkets' monthly price assessment for steel scrap No E3 (old thick steel scrap), domestic, delivered mill, Germany was ?,?235-245 ($264-275) per tonne on June 18, up by ?,?5 per tonne month on month from?,?230-240 per tonne in mid-May....Read More
Turkish steel mills booked no deep-sea cargoes on Thursday June 18, with a growing number of market participants now believing that prices have reached a peak, sources told Fastmarkets.News of a US deal from the beginning of the week was, however, heard on Thursday.A steel mill in the Izmir region booked a US cargo, comprising 15,000 tonnes of HMS 1&2 (80:20) at $265 per tonne and 15,000 tonnes of...Read More
Export prices for steel scrap from Japan remained largely unchanged in the week to Wednesday June 17, but market participants expecting to see lower prices in the next bookings.Japan's export scrap prices for H2 heavy scrap have been on a consistent upward trend since early April, but the high prices have put off many buyers over the past week, with key consumers in Taiwan concentrating...Read More