Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.AVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsThe US company, founded in 2010, usually focuses on overvalued Chinese tech and media firms but has now set its sights on North American mineral explorers twice in as many months.Read More
A rebound in the United States Nasdaq Composite Index on Wednesday September 9 may have underpinned broader markets, but the base metals were less convinced with most ending the day in negative territory.Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were broadly lower again this morning.* Asian-Pacific equities and pre-market major western equity index futures...Read More
Iron ore prices in the seaborne market fell further on Thursday September 10, with market sources saying that although the fundamentals of iron ore remained stable, the high levels of steel inventories dragged prices downward.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $126.09 per tonne, down by $0.45 per tonne62% Fe low-alumina fines, cfr Qingdao: $126.15 per tonne, down by $0.68 per t...Read More
McDonalds (MCD), a Dow Jones Industrial Average stock moved above $216.43 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Thursday September 10thEquity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. The ECB announced that its overnight lending rates to European banks remained unchanged. Index futures were vi...Read More
Brazilian ferrous scrap exports fell both year on year and month on month in August while suppliers shifted their focus to the domestic market, data published this week by the country's ministry of the economy shows.Scrap exports reached 55,377 tonnes in August, a 19.7% year-on-year decrease from 69,000 tonnes in 2019 and a 27.6% drop in comparison with 79,460 tonnes in July of this year.The count...Read More
Seaborne hard coking coal prices in the cfr China and fob Australia markets hiked on Thursday September 10 following firmer premium hard coking coal prices and better demand in the fob Australia market, sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $112.18 per tonne, up $0.53 per tonnePremium hard coking coal, cfr Jingtang: $126.81 per tonne, down $0.37 per tonneHard coking c...Read More
China's domestic hot-rolled coil prices stopped dropping on Thursday September 10 on optimism generated by positive data for the country's automotive sector.DomesticEastern China (Shanghai): 3,920-3,950 yuan ($573-577) yuan per tonne, unchangedThe China Association of Automobile Manufacturers (CAAM) reported during the day that the country produced 2.12 million vehicles in August. This is a 6.3% y...Read More
CEO to discuss the Company's recent acquisition and latest exploration project located in Idaho's gold district, the Challis Gold ProjectELKO, Nev., Sept. 10, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, today announced that its Chief Executive Officer, Mr. Edward Karr is scheduled to present and conduct one-on-one meetings at t...Read More
Key data from Fastmarkets' pricing session on Thursday September 10 in London.Key drivers Inquiry numbers remained low from consumers but traders, some of which were holding out for figures closer to $16 per lb, have seen offers above the previous range be accepted in today's pricing session....Read More
The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade 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...Read More
The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies. Fastmarkets assessed...Read More
Key data from Fastmarkets' pricing session in China on Wednesday September 9.Key drivers Prices slid after some suppliers lowered their offers to facilitate sales amid shrinking buying interest. Some consumers retreated from the market either because they had replenished sufficient volumes to meet near-term production needs in previous weeks or because they felt current...Read More
Chinese stainless steel prices, in both the domestic and export markets, fell over the past week amid declines in nickel futures as a result of weakness in broader markets.The US stock market experienced pronounced weakness over the past week, which in turn led to falls in commodity futures prices.The Nasdaq Composite Index closed at 11,141.56 on Wednesday September 9, down by 914.88 points (7.58%...Read More
September 10, 2020 - Brixton Metals Corporation (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to provide an update on its newly expanded now 2,600 SQKM mineral tenure Thorn Gold-Copper-Silver Project, located in the Golden Triangle of Northwestern British Columbia.Highlights:Drilling is ongoing with 3,025m within 16 core holes on the West and Central Outlaw Gold targets complet...Read More
In an interview at Ernst & Young's virtual Americas Mining & Metals Forum, Barrick Gold (TSX: ABX; NYSE: GOLD) chief executive Mark Bristow spoke about the importance of building a strong licence to operate, creating lasting relationships with governments and all stakeholders, and attracting generalist investors.Jeff Swinoga, co-leader of EY's Canada Mining & Metals division, began the discussion...Read More
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has announced the results of exploration work done at the company's wholly owned Hasaga project, situated in the Red Lake gold district of northwestern Ontario.Hasaga, located contiguous to Pure Gold Mining's (TSXV: PGM; LSE: PUR) Madsen project, is host to three past-producing mines, Hasaga, Buffalo and Goldshore.The company earmarked $4 million for...Read More
BHP (NYSE: BHP; LSE: BHP) has unveiled a revamped strategy to cut operational emissions by 30% by 2030 from this year's levels, but it stopped short of tackling Scope 3 emissions - those generated indirectly when consumers burn or process the company's oil, coal or iron ore.The world's largest miner, which is also one of the biggest carbon emitters, will focus on using cleaner forms of power suppl...Read More
Liberty Gold (TSX: LGD) has released reverse circulation (RC) drill results for nine holes testing the D3 and D1 targets at the company's Black Pine gold project in southern Idaho. Both zones returned high-grade intervals of oxide gold, with additional infill and step-out work planned.Drill highlights from the D3 zone, discovered in June, include 8 metres of 1.99 grams gold per tonne starting at 2...Read More
B2Gold (TSX: BTO; NYSE: BTG) says it has completed a mill expansion at its flagship Fekola mine in Mali, which will process 7.5 million tonnes of ore per year, almost a month earlier than planned.The mid-tier gold miner said it had finished all major construction activities associated with the mill expansion, as well as the execution of a process performance test to compare with design expectation...Read More
Auroch taps into further nickel potentialSPONSOREDauroch mineralsAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 2588 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyThe Colluli sulphate of potash (SOP) mine has been a long time in coming. As South Boulder Mines, Danakali took up an exploration lic...Read More