Key data from the Friday March 16 pricing session in London. Key drivers: Cobalt prices had increased following the coronavirus (2019-nCoV) outbreak, but now prices are declining amid slow trade and limited inquiries, with sellers cutting offers and increasingly...Read More

The European antimony price edged down for both grades on Friday March 13, ending the uptrend that started on January 29 on logistic constraints amid the coronavirus (Covid-19) outbreak, Fastmarkets heard.If the limited availability of material from China supported prices in January and February, the price driver has shifted to the decrease in demand in Europe, with the continent now labelled the...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down the limit of 128.50 points. Index futures responded to rising coronavirus concerns in Europe and North America.Index futures moved lower despite strong action by the Federal Reserve yesterday. The Fed Fund Rate was slashed 1.00% to 0.00-0.25%.Consensus for March Empire State Manufacture Survey released at 8:30 AM EDT...Read More

The domestic Chinese antimony price fell sharply in the week ended Friday March 13 after some suppliers cut their offer prices significantly to secure business and generate cash in a market where buying interest is scant, market participants said. Fastmarkets' assessment of antimony, MMTA standard grade II, ddp China slid for the second consecutive week to 38,000-39,500 yuan ($5,421-5,635) per ton...Read More

Lundin Mining has put its expansion of the Neves-Corvo zinc and lead mine in Portugal on hold, intending to limit the spread of the Covid 19 virus in the local area."As the workforce for the project includes many contract employees who travel from other regions of Portugal and internationally, the risk is that the virus could be brought to the Alentejo region by people travelling to...Read More

QUESTION: You say that the reason why gold went up when the stock market crashed in 1929 is because gold was money back then. But what if you have it the other way around, and the reason why the USD was strong was because it was backed by gold back then? Now the USD is a fiat currency backed by nothing. Maybe the springboard bounce in prices will be in commodities?RRANSWER: Gold acts completely di...Read More

A sharp decline in market sentiment, linked to the spread of the coronavirus (2019-nCoV), has halted activity and reduced prices in the Japanese construction steel sector, steelmaker Tokyo Steel said.The major electric-arc furnace (EAF) producer announced on Monday March 16 it will slash its April prices for H and I-beam by ?7,000-11,000 ($65-102) per tonne month on month and drop its steel plate...Read More

Italian secondary aluminium producer Raffmetal will cease production from March 16-22 amid ongoing concerns from the spread of novel coronavirus (2019-nCoV) in the country, a source close to the matter told Fastmarkets on March 13.At the time of publication the company, Europe's largest secondary aluminium producer, had not responded to Fastmarkets' request for comment.However, it is understood th...Read More

An induced polarization (IP) survey completed at Maple Gold's (TSXV: MGM) 355-sq.-km Douay gold project in Quebec has expanded the 531 Zone target area and identified a new and undrilled target over 600 metres of strike. In addition, one of two holes drilled to deepen a hole from 2019 intercepted a higher-grade narrow zone of mineralization, returning 3.5 metres of 5.96 grams gold per tonne.The s...Read More

Alamos Gold (TSX: AGI) has announced that it has entered into an agreement to acquire a 3% net smelter return (NSR) royalty on production from four claims at its Island Gold mine in Ontario for $75 million, reducing its company-wide cost guidance for this year by US$13 per ounce.The royalty, acquired from a private company, covered 71% of the current project reserves and a further 1.1 million oz....Read More

Lundin Mining (TSX: LUN) has put the brakes on zinc expansion activities at its Neves-Corvo operation in Portugal, joining the rising number of companies taking precautionary steps in the face of the global spread of the novel coronavirus."As the workforce for the project includes many contract employees who travel from other regions of Portugal and internationally, the risk is that the virus coul...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 resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineOne possible answer to this unexpected development is as worrying as anything to do with the virus whic...Read More

Alliance Magnesium, a private Canadian company focused on producing primary magnesium from serpentine mine tailings and secondary magnesium to make value-added products, has received enough funding for its commercial demonstration plant in Quebec.The magnesium production facility will have a capacity of up to 18,000 tonnes per year and produce primary magnesium ingots from serpentine and secondary...Read More

Canada Nickel Company (TSXV: CNC) has announced initial results from a mineralogical assessment of its Crawford nickel-cobalt project, located 40 km north of Timmins, Ontario.The first phase of mineral processing work at the deposit was used to determine the proportion of nickel contained within the nickel sulphide minerals pentlandite and heazlewoodite, and the nickel-iron allow mineral awaruite....Read More

As Euro Manganese (TSXV: EMN) advances feasibility studies at its wholly owned Chvaletice manganese project about 90 km east of Prague in the Czech Republic, it has also been lining up potential customers for planned output from its demonstration plant, which is projected to come online in late 2020.So far, the company has queued up five prospective customers for about 55% of the planned demonstra...Read More

The gold mining etf, GDX continues to show promising signs both in absolute and relative performance terms, pointing to more upside ahead.Read full newsRead More

The gold mining etf, GDX continues to show promising signs both in absolute and relative performance terms, pointing to more upside ahead.Read full newsRead More

Granada Gold Mine Inc. (CVE:GGM) shareholders will doubtless be very grateful to see the share price up 33% in the...Read full newsRead More

"$MAGS - Magal Security Systems Ltd. (MAGS) CEO Dror Sharon on Q4 2019 Results - Earnings Call Transcript. https://t.co/B2q1pgtR4m #stocks #investing #finance"Read full newsRead More

Dieppe, New Brunswick-(Newsfile Corp. - March 16, 2020) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") is pleased to announce that Major Drilling has completed Phase 1 drilling at the Evelyn Gold Project located 60 km NW of Caborca Mexico. The initial 5-hole diamond drilling program measured a total of 815.6 meters inRead full newsRead More