Fastmarkets proposes to discontinue the publication of its trade logs for two Chinese fob vanadium price assessments. The proposal has been put forward based on the fact that the spot liquidity in China's vanadium export market has reduced after exporters have turned away from the overseas market due to higher domestic prices. The publication of the following two trade logs will cease from October...Read More
The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in China.Note: European vanadium assessments are now published in a separate trade log. To view the latest price assessments, follow the links below: - Ferro-vanadium 78% V min, fob China, $/kg V - Vanadium pentoxide 98% V2O5 min, fob China, $/lb V2O5 Thursday September 17 Ferro-vanadium -...Read More
Gold-focused royalty and streaming company Maverix Metals (TSX: MME; NYSE-AM: MMX) has entered into a binding agreement with Newmont to acquire a portfolio of 11 gold royalties on preproduction assets in the Americas.In exchange for the portfolio, Maverix will issue 12 million common shares to Newmont (TSX: NGT; NYSE: NEM) and pay the major US$15 million in cash - the two components are valued at...Read More
Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) held its first traditional diamond sale since the coronavirus pandemic began on Sept. 19 in Antwerp. And while the sales figures are modest, the resumption of diamond sales is a major positive development for the diamond sector, which has been largely shut down by Covid-19 travel restrictions, lower demand and low prices.Mountain Province, which...Read More
The Northern Miner and Canadian Mining Journal conducted a reader survey to gauge how the sector is faring through the Covid-19 pandemic, which began officially in March. The survey was open in July and August, with 384 people from the sector taking time to respond to a combination of multiple-choice and open-ended questions. Respondents represented principally mining and exploration companies, su...Read More
Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world's largest gold and silver streaming companies, plans to list on the London Stock Exchange (LSE) to boost exposure to European investors seeking precious metals deals.The Vancouver-based firm, which has a market capitalization of about $23 billion, is listed in Toronto and New York, where its shares have climbed about 75% this year.Whe...Read More
The S&P/TSX Composite Index fell 0.15% to 16,198.97 during the Sept. 14-18 trading week. The S&P/TSX Global Mining Index rose 0.52% to 101.18, and the S&P/TSX Global Base Metals Index climbed 4.60% to 111.15. Spot gold rose US$8.80 per oz., or 0.45%, to US$1,948.90 per oz., and the S&P/TSX Global Gold Index dropped by 1.14% to 376.32.MAG Silver rose $2.66 to $23.36 per share. The company announced...Read More
The Dow Jones Industrial Average fell 0.03% to finish the Sept. 14-18 trading week at 27,657.42 and the S&P 500 Index dropped by 0.84% to 3,319.47. Spot gold climbed US$8.80 per oz., or 0.45%, to US$1,948.90 per ounce from the previous week.Vale was the most heavily traded stock of the week. The company informed its creditors on Sept. 14 that it will repay the outstanding balance of US$5 billion f...Read More
The S&P/TSX Venture Composite Index climbed 1.64% to finish the Sept. 14-18 trading week at 745.37. Spot gold closed the week at US$1,988.90 per oz., up US$8.80 per oz. or 0.45%.Shares of Aurania Resources jumped 86 ? to $4.78. The company announced that drilling has started at its Tsenken N2 copper-silver target at its Lost Cities - Cutucu project in southeastern Ecuador. The company is using a l...Read More
A recent article Gates, Bezos-backed firm searching for cobalt in Canada (www.mining.com, Jul. 7, 2020), highlighted some of the recent positive events for cobalt exploration in Canada and a company that these tech gurus have formed, KoBold Metals.KoBold Metals is a start-up mining venture set to explore for cobalt in Canada, one of the most prolific mining regions in the world. Not only does Can...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesNew Horizon beckons for gold minerSPONSOREDhorizon mineralsSaturn Metals' Leonora star is risingSPONSOREDsaturn metalsWaihi District, a Golden Opportunity in New Zealand SPONSOREDoceanagoldThe event, which coincides with the annual meeting of Tesla, is an opportunity for Musk to promote his range of electric vehicles and trot out pla...Read More
Gold's strong run is taking Canada's equity benchmark back to its mining roots.Read full newsRead More
(Bloomberg) -- Skyrocketing gold is providing a welcome windfall to the mining industry, but it's also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics. Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group's Americas c...Read More
(Kitco News) - Gold mine development provides growth potential for steaming companies - Maverix MetalsRead more on 'Kitco'Read full newsRead More
Fitch Solutions says global gold production will increase from 106moz in 2020 to 133moz by 2029.Read full newsRead More
Loop Insights Releases September Company UpdateRead full newsRead More
NV Gold Corporation is a Canadian junior exploration company trading on the TSX Venture Exchange under the symbol NVX (TSX.V - NVX).Read full newsRead More
Omni Commerce Corp. (Read full newsRead More
This release covers the last 20 holes as results from the first 14 holes were reported on July 30, 2020.Read full newsRead More
In late 2019, I’d discussed the possibility that the spot price of gold could rise above $2,000 per ounce. Indeed, the yellow metal managed to reach this incredible milestone this past summer. The historical crisis, spurred by the COVID-19 pandemic, played a key role in its rise. However, momentum has since tapered off, and it is now hovering around the $1,900/ounce mark. Today, I want to di...Read More