The First Cobalt Refinery is located in Ontario, Canada. (Image courtesy of First Cobalt) The feasibility study for an expansion of First Cobalt's (TSX-V:FCC) refinery is in the final stages and is expected to be concluded in the coming weeks, the company said in its latest update.In September 2019, First Cobalt commenced engineering studies, including an interim scenario for restarting the refin...Read More

Image: CBC Youtube screengrab. The decline in the copper price accelerated on Wednesday as pandemic fears grip global markets and mining companies announce a raft of production halts and project construction suspensions.Copper trading in New York fell by as much as 8.8% to $2.111 a pound ($4,650 a tonne), the weakest level since early October 2016. The copper price is now down more than 25% from...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 18 that are worth another look.More European steel producers have announced production cuts and equipment stoppages because of the measures being taken to combat the 2019-nCoV coronavirus pandemic, sources told Fastmarkets on March 18.The novel coronavirus (2019-nCoV) pandemic is starting to hit mine supply o...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday March 18.Please click...Read More

Aurania Resources is pulling its staff from its copper and precious metals projects in Ecuador while the country enters lockdown mode in an effort to tackle the 2019-nCoV coronavirus pandemic. The company's flagship asset, the Lost Cities copper-gold project, is located in Cordillera de Cutucu in southeastern Ecuador.All employees have returned to their homes except for two field teams that were e...Read More

National Bank advised SilverCrest the reason for the purported termination was based on the "disaster out" clause of the financing agreement due to the subsequent sharp decline in the explorationRead More

Under normal circumstances no-one in mining would complain about discounted diesel in the pits, or lower energy costs for processing plants, but these are far from normal times.Read More

The main aim of the consortium is to collectively help to eliminate the obstacles to the adoption of green hydrogen technologies and encourage innovative application.The goal is to identify opportunities to develop green hydrogen technologies for the resources sector and other heavy industries, and provide a mechanism for suppliers and operators to contribute to and engage with these development a...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional results from the winter 2020 drilling program at the Hurricane zone. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).Highlights:Assays received from...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) announces that the Company has not been subject to material supply chain disruptions due to COVID-19 and continues to fulfill purchase orders, and has inventory ordered for Q2 delivery. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very fortunate to update that during these extremely trying times, our Q1 sales remain...Read More

The company said it had entered into a scheme implementation deed for the A$1.01 per share cash takeover. The price represents a 45.3% premium to Zenith's last closing price of 69.5c on Friday.Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 18 that are worth another look.More European steel producers have announced production cuts and equipment stoppages because of the measures being taken to combat the 2019-nCoV coronavirus pandemic, sources told Fastmarkets on March 18.The novel coronavirus (2019-nCoV) pandemic is starting to hit mine supply o...Read More

He said the department's health and safety inspectorate, working with the mining companies and labour unions were on "high alert" and testing the level of preparedness.South Africa had 62 confirmed COVID-19 cases, 11 new, the World Health Organisation said yesterday.After meeting with the Minerals Council South Africa leadership, Mantashe said a 10-point plan had been developed, in line with healt...Read More

Workers' trade union No1 for Escondida, the world's largest copper mine, has demanded that main owner and operator BHP adopt preventive measures for its employees in light of the 2019-nCoV coronavirus pandemic, and could go as far as requesting government intervention or going to court."We call on workers' organizations in general to demand that companies and the government prioritize health condi...Read More

Europe's top copper smelter, Aurubis, has said it aims to buy up to 10% of its own shares while announcing an equity buyback program on Wednesday March 18.Aurubis said it would spend up to ?,?200 million ($216 million) on purchasing its own shares in several tranches through stock market acquisitions. ...Read More

Here are five Fastmarkets stories you might have missed on Wednesday March 18 that are worth another look.More European steel producers have announced production cuts and equipment stoppages because of the measures being taken to combat the 2019-nCoV coronavirus pandemic, sources told Fastmarkets on March 18.The novel coronavirus (2019-nCoV) pandemic is starting to hit mine supply o...Read More

An overview of the minor metals markets and the reasons behind the latest price moves.Read More

Turkish steel producers resumed their deep-sea scrap bookings for April shipment cargoes with prices down sharply, sources said on Wednesday March 18.A steel mill in the Marmara region booked a Canadian cargo, comprising 18,000 tonnes of HMS 1&2 (90:10), 20,000 tonnes of shredded and 12,000 tonnes of plate and structural (P&S) scrap at an average price of $255 per tonne cfr.Market sources cal...Read More

Japanese export prices for ferrous scrap have fallen for the third consecutive week, with market conditions expected to deteriorate further in the short term, trading sources told Fastmarkets on Wednesday March 18.Fastmarkets' price assessment for steel scrap H2 export, fob main port Japan, settled at ?22,000-22,500 ($206-210) per tonne on Wednesday, down by ?500 per tonne week on week from last...Read More

Aurania Resources is pulling its staff from its copper and precious metals projects in Ecuador while the country enters lockdown mode in an effort to tackle the 2019-nCoV coronavirus pandemic. The company's flagship asset, the Lost Cities copper-gold project, is located in Cordillera de Cutucu in southeastern Ecuador.All employees have returned to their homes except for two field teams that were e...Read More