Newmont will "ramp down" mining at its Yanacocha asset in Peru after the country moved to restrict travel amid global contagion over the Covid-19 coronavirus (2019-nCoV) spread, it said.Gold production from leeching will continue but mining ore will cease, the company said. Yanacocha produces significant amounts of copper, zinc and lead concentrates as a byproduct...Read More
Italian stainless steelmaker Acciai Speciali Terni has resumed production following a three-day shutdown linked to the outbreak of 2019-nCoV coronavirus, a company spokesman said on Tuesday March 17.The mill, which produces flat and tubular stainless steel products in Terni in central Italy, was closed on March 14-15 for "sanitization of all departments," the spokesman said. It remained...Read More
The Coronavirus (COVID-19) pandemic is a great concern for you and your families. At this time Glacier Resource Innovation Group wants you to know that the well being of our valued customers, business partners and employees is of the deepest concern to us. With this in mind we have already and will continue to take measures to protect all parties we are in contact with. We value your business and...Read More
With mining majors suspending expansion plans, ramping down operations and temporarily closing down head offices in response to Covid-19, development and exploration companies are also taking precautionary measures to prevent the potential spread of the virus. At this time, these measures do not appear to have a major impact on project timelines for two pre-production companies focused on Eastern...Read More
Publicly traded Kodiak Copper (TSXV: KDK), a portfolio company of the Discovery Group that was formerly Dunnedin Ventures (TSXV: DVI), will focus on copper porphyry exploration in Canada and the United States.The company's three projects are all wholly owned and include the Trapper and MPD copper-gold properties in B.C. and the Mohave copper-molybdenum-silver asset in Arizona, in addition to th...Read More
Copper prices continued to slide on Tuesday after China released economic data showing the deepest declines on record for industrial production and fixed asset investment.Copper trading in New York fell by 3% on Tuesday following a 5% decline Monday to a low of US$2.32 per lb. (US$5,110 a tonne), the weakest level since early November 2016. The copper price is now down 19.7% from its 2020 high, st...Read More
If Congress or the White House bailouts Boeing as the chronic repurchaser of stock demands, there will be blood.Read full newsRead More
The fund is based in the Swedish capital of Stockholm.Read full newsRead More
"The Zacks Analyst Blog Highlights: Legg Mason, Harmony Gold Mining Company, Lumber Liquidators, Charah Solutions and Barrick Gold https://t.co/PWRnH190DS"Read full newsRead More
"You don't ever want a crisis to go to waste.Read full newsRead More
"Investors: This is exactly what we want..And now is the time to look at #juniorgold! Its cheap with a good #market advantage$SMN just started drilling and for good reason #DueDiligence #SanMarcoResources #BuckProperty #Zinc #Silver #Gold #MomentumStockshttps://t.co/e21vNL3CJd"Read full newsRead More
The federal government is set to present a major support package to both aid families and businesses, as well as stimulate the economy on Wednesday, expected to include measures to put money directly into Canadians' hands.Read full newsRead More
43-year old Jennifer Haller from Seattle was the first person to be injected with a new trial coronavirus vaccine on Monday. Researchers will follow her and 44 other people for 12 months to evaluate the vaccine.Read full newsRead More
Laurion Mineral Exploration is pleased to announce the commencement of an IP survey as part of the 2020 exploration program at the Ishkoday Project.Read full newsRead More
Laurion Mineral Exploration is pleased to announce the commencement of an IP survey as part of the 2020 exploration program at the Ishkoday Project.Read full newsRead More
Junior nickel player Horizonte Minerals (LSE:HZM) reassured investors that coronavirus is yet to have a significant impact on its operations on Tuesday. Th...Read full newsRead More
Analysts have been saying it for practically a year. With the possibility of a recession on the way, gold is one of the safest places that investors can put their money.During the past year alone, the price of gold has sky rocketed, but investors were disappointed to see that during that time gold prices remained steady, but weren’t all that exciting.Until recently.With the COVID-19 pandemic...Read More
Kennecott mine. (Image: Kennecott Rio Tinto.) Rio Tinto's Kennecott copper mine near Salt Lake City, Utah, was impacted Wednesday as a result of a 5.7-magnitude earthquake close to the town of Magna. According to the company, all employees have been safely accounted for and evacuated from the potential risk areas. Rio has identified limited damage to the operation or risk to the surrounding comm...Read More
Red Lake District, northwestern Ontario, Canada. Photo by P199, Wikimedia Commons Drilling at BTU Metals' 197-sq.-km Dixie Halo project in Ontario returned continuous volcanogenic massive sulphide-style mineralization over 300 metres, starting at surface, with metal grades increasing with depth.Hole BTU-19-25 reported in the most recent release includes a 173-metre interval grading 0.35% copper...Read More
Seequent has received a 2020 Esri Partner Award, 'Analytics to Insights', for its Target for ArcGIS Pro tool, which enhances the integration of mining and exploration data. Esri provides geographic information system (GIS) mapping software and spatial data analytics for various sectors. Esri provides geographic information system (GIS) mapping software and spatial data analytics for variou...Read More