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IRON ORE DAILY: Seaborne prices rise again on good demand from mills

August 05, 2020 / www.metalbulletin.com

Seaborne iron ore prices rose on Tuesday August 4 amid a healthy appetite for material among steel mills, according to traders.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $117.88 per tonne, up by $1.85 per tonne.62% Fe low-alumina fines, cfr Qingdao: $118.30 per tonne, up by $1.92 per tonne.58% Fe fines high-grade premium, cfr Qingdao: $102.78 per tonne, up by $1.72 per tonne.65% Fe Bra...Read More

FOCUS: Price fluctuations in high-grade iron ore key concern for China steel mills

August 05, 2020 / www.metalbulletin.com

The price fluctuations in the high-grade iron ore market remains a key concern for Chinese steelmakers, especially with iron ore fines prices hitting an intra-year high on August 3.Steelmakers in China have started using a more price sensitive approach from July onward by consuming slightly cheaper low and mid-grade iron ore fines, trading sources said. The high-grade iron ore indices have also be...Read More

Tech Talk for Tuesday August 4th 2020

August 04, 2020 / www.timingthemarket.ca

Corn ETN (CORN) moved below $11.61 setting an intermediate downtrend.Pre-opening Comments for Tuesday August 4thU.S. equity index futures were lower this morning. S&P 500 futures were down 13 points in pre-opening trade.Mosaic advanced $1.32 to $15.00 after reporting higher than consensus second quarter sales and earnings.Take Two Interactive advanced $8.32 to $176.00 after reporting higher th...Read More

Trade log: Cobalt alloy grade, in-whs Rotterdam, $/lb

August 05, 2020 / www.metalbulletin.com

The cobalt alloy grade, in-whs Rotterdam trade log, including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt alloy grade, in-whs Rotterdam at $14.25-14.70 per lb on Tuesday August...Read More

Trade log: Cobalt standard grade, in-whs Rotterdam, $/lb

August 05, 2020 / www.metalbulletin.com

The cobalt standard grade, in-whs Rotterdam trade log, including business, bids and offers reported to Fastmarkets. Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparency into the markets it covers and the pricing process it applies. Fastmarkets assessed cobalt standard grade, in-whs Rotterdam at $14.25-14.70 per lb on Tuesday August 4, 2020. Read More

PRIVATE BLOG - Economy, Gold & Share Market

August 04, 2020 / www.armstrongeconomics.com

PRIVATE BLOG - Economy, Gold & Share MarketPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

RESEARCH: Key takeaways from the latest Ferro-alloys Market Tracker

August 05, 2020 / www.metalbulletin.com

The latest forecasts from Fastmarkets' team of analysts are ready to view.This month's key ferro-alloy forecast highlights:Numerous ore and alloy markets enjoyed upward pricing momentum in the first half 2020, with supply-side constraints supporting prices despite collapsing demand from steelmakers and other key end users. While supply side issues related to Covid-19 lockdowns have been resolved,...Read More

Gold breaks US$2,000 to all-time record high

August 04, 2020 / www.northernminer.com

Gold's rally took another upturn on Tuesday, as it surpassed US$2,000 per ounce.By midday, spot gold had hit US$2,009.20 per oz., and at press time in Toronto had reached US$2,019.40 per ounce.Bullion has surged more than 30% this year to a record high and is one of the best-performing assets in 2020 as a result of increased safe-haven demand during the coronavirus pandemic.Investors are driven...Read More

Lynas gets green light for waste treatment plant in Malaysia

August 04, 2020 / www.northernminer.com

Malaysia has approved Australian rare earths miner Lynas Corp.'s (ASX: LYC) application to build a permanent disposal facility for waste treatment, a minister said on Tuesday.The miner, the world's only major producer of rare earths outside China, can now proceed with construction of the waste plant, on a site identified by the Pahang state government, Khairy Jamaluddin, science, technology and in...Read More

Barrick, Skeena reach deal on Eskay Creek

August 04, 2020 / www.northernminer.com

Barrick Gold (TSX: ABX; NYSE: GOLD), the world's second-largest bullion miner, said today that Canadian junior Skeena Resources (TSX-V: SKE) has decided to exercise an option to acquire a 100% interest in the past-producing Eskay Creek property.Discovered in 1988, the Eskay Creek mine in British Columbia's Golden Triangle was, according to Skeena, once the world's highest-grade gold mine and the f...Read More

Star Diamond reports sample results as Rio Tinto legal battle looms

August 04, 2020 / www.northernminer.com

Star Diamond (TSX: DIAM) has begun to receive results from Rio Tinto's bulk-sampling program at the Star-Orion South project in central Saskatchewan.Rio so far has processed material from four of the 10 trenches excavated last year from the Star kimberlite at the project, but full results have only been reported from the first trench - 19 FALCT001.A total of 2,517 commercial-sized diamonds weighin...Read More

Pan American expands La Colorada deposit in Mexico

August 04, 2020 / www.northernminer.com

Silver producer Pan American Silver (TSX: PAAS; NYSE: PAAS) has updated the resource estimate for the La Colorada skarn deposit near its wholly owned La Colorada underground mine in Mexico's Zacatecas state.Inferred resources now stand at 100.4 million tonnes, grading 44 grams per tonne silver, 0.2% copper, 1.77% lead and 4.29% zinc, containing 141 million oz. silver, 199,000 tonnes copper, 1.8 mi...Read More

The Northern Miner Podcast - episode 198: Teck CEO Don Lindsay on the shift to copper, China and India, energy and ESG

August 04, 2020 / www.northernminer.com

This week's episode features a wide-ranging interview with Teck Resources president and CEO Don Lindsay at the Canadian Mining Symposium on June 17, 2020. Northern Miner editor-in-chief Trish Saywell asks Don how he started in mining, how the company views the Chinese and Indian markets, as well as the oilsands and ESG, and the shift of its core business towards copper and its QB2 project.Don R. L...Read More

RT @AzincourtAAZ: Azincourt Energy Amends Terms of Option to Acquire Uranium-Lithium Projects in Southern Peru

August 04, 2020 / bit.ly

VANCOUVER, British Columbia, Aug.04, 2020(GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. ("Azincourt" or the "Company") (TSX.V: AAZ, OTC: AZURF), is pleased...Read full newsRead More

Gold Price Of Almost $3,000/Oz Needed To Claim The Record

August 04, 2020 / dlvr.it

Gold at $3,000 an ounce sounds like an optimistic tip, but there are two reasons to take that price seriously.Read full newsRead More

3 Mining Stocks to Profit From the Gold Bull Market

August 04, 2020 / dlvr.it

They are predicted to keep on outperforming the industry Continue reading...Read full newsRead More

RT @GreenlaneBiogas: The #GreenlaneDigest for July 31st ????,? [

August 04, 2020 / www.greenlanerenewables.com

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

Gold futures close at new all-time record high, even with dollar strength --

August 04, 2020 / www.kitco.com

Exclusive to Kitco News, technical analyst Gary Wagner provides a daily recap of what happened in the gold market, highlighting important events that captured investors' attention during the U.S. trading session. Wagner's commentary features a mix of fundamental news and technical analysis, noting important support and resistance levels.Read full newsRead More

Japan Gold Commences Drilling at the Ohra-Takamine Project in Kyushu, Japan

August 04, 2020 / bit.ly

Japan Gold Corp. (TSXV:JG) (OTCQB: JGLDF) is pleased to announce that drilling has commenced at the Ohra-Takamine Project in the Southern Kyushu Epithermal Gold Province, Japan.Read full newsRead More

$LMS Latin Metals Acquires the Lacsha Copper Property in Peru

August 04, 2020 / bit.ly

Latin Metals Inc. (TSXV:LMS) (OTCQB: LMSQF) announces that it has acquired the Lacsha copper property, located in the Peruvian Coastal Copper Belt. Read full newsRead More

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