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Critical Resource, ERM jointo tackle ESG risks

March 04, 2020 / www.mining.com

Daniel Litvin, founder, Critical Resource and ERM Group CEO Keryn James. Image from Critical Resource. London-based Critical Resource and global sustainability consulting firm Environmental Resources Management ERM, have joined up in a deal that is a significant development in terms of the market for ESG and sustainability consulting services. In late February, ERM acquired Critical Resourc...Read More

PDAC attendance shrinks 10%, impacted by coronavirus

March 04, 2020 / www.mining.com

PDAC 2020 (Credit: PDAC) Attendance at the 88th Prospectors & Developers Association of Canada (PDAC) 2020 Convention totaled 23,144, 10,4% less than in 2019, as the conference was impacted by the coronavirus outbreak.In 2019, PDAC hosted 25,843 attendees. The annual PDAC Convention in Toronto is the world's premier industry event, bringing together investors, analysts, mining executives, geolog...Read More

Newcrest closes $60m sale of Gosowong mine in Indonesia

March 04, 2020 / www.mining.com

Gosowong gold mine, Indonesia. Image by Newcrest. Newcrest (ASX: NCM) announced Wednesday the finalized sale of 100% of Newcrest Singapore Holdings Pte (NSH) to Indotan Halmahera Bangkit (Indotan) for A$90m, (about $60m) of which A$60m has already been received and the remaining A$30m is payable in 18 months. NSH owns 75% of PT Nusa Halmahera Minerals (PT NHM), which operates the Gosowon...Read More

Volatility is Here. Profit from the Panic.

February 29, 2020 / www.outsiderclub.com

Panic. It's a word that's been making the rounds in the news cycle lately. The coronavirus is, of course, at the center of it all. But in recent weeks, the focus has shifted from the human cost of the virus to the economic cost. China's economy continues to struggle in light of the virus' spread, with no sign of relief in sight. It's only been in the past few days, however, that other countries...Read More

Barrick completes Massawa- Sabodala combination

March 04, 2020 / www.mining.com

The Massawa gold project (pictured) is 20 km away from Teranga's flagship Sabodala mine, in Senegal. (Image from archives via Randgold Resources.) Barrick Gold (NYSE:GOLD, TSX:ABX) has completed the recently announced transaction of combining its Massawa gold project in Senegal with Teranga Gold's (TSX:TGZ) Sabodala gold mine. Barrick and its Senegalese partner held a 90% interest in the Massawa...Read More

$3bn expansion planned at British Columbia LNG plant

March 04, 2020 / www.mining.com

Artist's rendering of an expanded LNG plant at Tilbury Island. | FortisBC. FortisBC is still putting the finishing touches on a $400 million expansion of its Tilbury Island LNG plant in British Columbia, but is already pushing ahead with a second phase expansion.When complete, the $3 billion expansion would mean the Tilbury Island plant would produce more LNG than the Woodfibre LNG plant in Squam...Read More

Royal Canadian Mint unveils 10kg gold maple leaf coin

March 01, 2020 / www.kitco.com

Mar 04, 2020 Guest(s): Alex Reeves Senior Manager, Communications, Royal Canadian Mint In defiance of the old clich?(C), bigger might just be better, especially when it comes to gold coins, or at least the Royal Canadian Mint thinks so. March 2 the Canadian Mint unveiled a 10kg Gold Maple Leaf (GML) coin at the Prospectors and Developers Association of Canada 2020 mining conference. In total, 10...Read More

IN CASE YOU MISSED IT: 5 key stories from March 4

March 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 4 that are worth another look.Brazilian mining company Vale has decided to halt operations indefinitely at its Fazend??o iron ore mine in the south-eastern state of Minas Gerais, after an expansion permit was revoked in February by the local environmental development council.Market participants avoided sending aluminium fro...Read More

LIVE FUTURES REPORT 04/03: LME tin price up 1.4% to close above $17,000; zinc stays below $2,000

March 05, 2020 / www.metalbulletin.com

The three-month tin price on the London Metal Exchange topped the base-metals complex at the close of trading on Wednesday March 4, climbing by just over 1.4% to close at its highest level since January 23, but zinc futures failed to gather support over the afternoon.Tin's outright price on the LME closed at $16,925 per tonne, while the metal reached an intraday high of $17,160 per tonne but faile...Read More

Key takeaways from the International Copper Conference in Amsterdam

March 05, 2020 / www.metalbulletin.com

Conversations at Fastmarkets' International Copper Conference in Amsterdam, the Netherlands, on February 26-28 revolved around the impact of the novel coronavirus (2019-nCoV) on copper production and procurement chain, as well as logistics disruptions. Coronavirus spreads to Europe The event made use of technology to enable panelists from Italy's KME, Germany's Aurubis and China's Jiangxi Copper t...Read More

IN CASE YOU MISSED IT: 5 key stories from March 4

March 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 4 that are worth another look.Brazilian mining company Vale has decided to halt operations indefinitely at its Fazend??o iron ore mine in the south-eastern state of Minas Gerais, after an expansion permit was revoked in February by the local environmental development council.Market participants avoided sending aluminium fro...Read More

FOCUS: Europe's copper industry has bigger problems than coronavirus, say key players

March 05, 2020 / www.metalbulletin.com

For key market participants in Europe's struggling copper industry, the coronavirus (2019-nCoV) epidemic further limiting demand for products was the last thing they needed.Europe, typically, consumes 16% of all global refined copper, but endured a torrid 2019 when demand for the metal dropped significantly in several major economies.A reduced need for copper in the continent shaves yet more units...Read More

Aura seeks Brazil listing

March 04, 2020 / www.mining-journal.com

"The issue price and size of the offering will be determined by considering investment intentions expressed by institutional investors during the book-building process," Aura said, adding its shares would continue to trade on the TSX.It plans to use the proceeds to fund operating assets, for exploration and development and to reinforce its capital structure.Aura has the San Andres gold mine in Hon...Read More

PDAC 2020 attendance lower on virus fears

March 04, 2020 / www.mining-journal.com

The 88th edition of the global event saw registrations by 23,144 people, compared with 25,843 last year, and a record 30,369 attendees back in 2012.Several notable exhibitors took the last minute decision to cancel their attendance, such as McEwen Mining, which said: "Just as our company holds high safety standards, the well-being of our investors and mining colleagues remains a priority."Several...Read More

FOCUS: Alumina price uptrend in China likely to continue on slow output recovery

March 05, 2020 / www.metalbulletin.com

The price of alumina in China is likely to continue edging higher while refineries in the country struggle to ramp up production amid a shortage of raw materials due to the outbreak of novel coronavirus (2019-nCoV) at the beginning of the year, market sources told Fastmarkets. "Northern Chinese regions have removed almost 6 million tonnes of alumina production since the outbreak of the virus...Read More

FinCanna Portfolio Company CTI Commences Cannabis Extraction and Manufacturing at New Palm Desert Facility

March 04, 2020 / kincommunications.com

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry is pleased to announce that its portfolio company Cultivation Technologies, Inc. ("CTI") conducting business as Coachella Manufacturing, an award-winning cannabis extractor and manufacturer, has commenced production at its new facility in Palm De...Read More

A2Z Technologies Lists on Frankfurt Stock Exchange

March 04, 2020 / kincommunications.com

Vancouver, BC - A2Z Technologies Canada Corp. ("A2Z" or the "Company") (TSXV: AZ) announced today the listing of the Company's shares on the Frankfurt Stock Exchange (FSE) under the symbol A23."The Frankfurt Stock Exchange is a highly recognized exchange, and we view this as being very beneficial to further creating shareholder value. Having a Frankfurt listing presence increases our exposure and...Read More

IN CASE YOU MISSED IT: 5 key stories from March 4

March 05, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Wednesday March 4 that are worth another look.Brazilian mining company Vale has decided to halt operations indefinitely at its Fazend??o iron ore mine in the south-eastern state of Minas Gerais, after an expansion permit was revoked in February by the local environmental development council.Market participants avoided sending aluminium fro...Read More

This Bear's Crosshairs Are Trained on Baby Boomers

March 04, 2020 / news.goldseek.com

In the latest update to the Rick's Picks home page, I've revised an interest rate forecast for the 30-year bond to better sit down for this 0.73%. This is an implied recession/depression away from the current 1.60%, so you may want to jot the new number down. I got a wake-up call on this from my friend Doug Behnfield, whose name will be familiar to anyone who has followed Rick's Picks for...Read More

Precious Metals Update Video: What a day for gold and silver bulls!

March 04, 2020 / news.goldseek.com

By: Ira EpsteinFed hasn't done anything like this since 2008. The 50 basis point cut was 100% priced in this month by the market. So the Fed used some of its bullets and now..Read More

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