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Greatland Gold leaps as Newcrest drilling at Havieron continues to impress

March 11, 2020 / miningmaven.com

Greatland Gold (LSE:GGP) was one of Wednesday's biggest winners after announcing another excellent set of drilling results at its Havieron project in Austr...Read full newsRead More

Cora Gold (#CORA) and Hummingbird Resources (#HUM) start a test work programme to explore the amenability of the ox...

March 02, 2020 / twitter.com

"Cora Gold (#CORA) and Hummingbird Resources (#HUM) start a test work programme to explore the amenability of the oxide ore at Cora's Sanankoro Gold Project to be concentrated to a level viable for commercial trucking to Hummingbird's Yanfolila Gold Minehttps://t.co/9NZdMjfvCE"Read full newsRead More

TFSA Investors: 2 TSX Stocks Can Beat This Volatile Market

March 12, 2020 / www.fool.ca

Investors are sweating over the recent market decline. Stock markets have now entered bear market territory after a 20% fall from record highs. Equity markets in the United States and Canada fell around 5% yesterday after the World Health Organization declared the coronavirus a pandemic.So where do investors park their funds in a market that is bleeding heavily due to the COVID-19 outbreak and fal...Read More

Wesdome grows production at Eagle River, advances Kiena

March 12, 2020 / www.mining.com

Eagle River Complex, Mishi - Open Pit. Image courtesy of Wesdome River Gold Mines LtdLast year, Wesdome Gold Mines (TSE: WDO) increased production at its Eagle River complex in northern Ontario by 28% to 91,688 ounces of gold while decreasing cash costs by 9% to $621 per oz.The company also increased reserves at Eagle River by 36% while boosting reserve grades 20%. The latest reserve number for...Read More

O3 grows Bulldog at depth within Central Cadillac

March 12, 2020 / www.mining.com

CEO and Director of O3 Mining, Jose Vizquerra at the Canadian Malartic gold mine in Quebec in 2013. Credit: Jose Vizquerra. O3 Mining has released the results of four holes completed at the Alpha property within its Central Cadillac group of holdings in Quebec. Of the four holes reported in the most recent release, three are from the Bulldog zone which has now been traced over 500 vertical metre...Read More

Foran tables PFS for McIlvenna Bay

March 12, 2020 / www.mining.com

The camp at Foran Mining's McIlvenna Bay polymetallic project in Saskatchewan. Credit: Foran Mining A pre-feasibility study (PFS) released by Foran Mining (CVE: FOM) for its wholly owned McIlvenna Bay project in Saskatchewan suggests a 3,600 t/d underground mine with on-site processing and tailings storage shipping copper and zinc concentrates to offsite smelters. With a nine-year mine life, av...Read More

Mining people: Asanko, Compass Gold, Ivanhoe, Premier Gold Mines, Unigold

March 12, 2020 / www.mining.com

Stock image. Key moves in the Canadian mining sectorDavid Sidoo resigned as a director of Advantage Lithium; Sidoo was a founding shareholder of the company.Gordon Guiboche resigned as a director of Anglo-Bomarc Mines. John Lee Wong has been appointed the company's president and to its board.Paul Wright is joining the board of Asanko Gold as chairman; between 1999 and 2007, Wright was th...Read More

Teck targets 33% carbon reduction by 2030

March 12, 2020 / www.mining.com

Image by Teck. Teck Resources (TSX, NYSE: TECK) announced on Thursday a target to reduce carbon intensity by 33% by 2030 as part of its new sustainability strategy.This builds on the previously announced commitment to be carbon neutral across all its operations and activities by 2050, Teck said.The move comes just weeks after Teck walked away from plans to build the C$20.6 billion ($15.7 bil...Read More

Will Covid-19 precipitate a bear market?

March 12, 2020 / www.adviceforinvestors.com

Behavioural finance analyst Ken Norquay says buying energy stocks after the next bear market ends will be like buying the Dow Jones Industrials in mid-1932.Buying energy stocks after the next bear market ends will be like buying the Dow Jones Industrials in mid-1932.Modern journalism is characterized by repetition. When journalists repeat the same thought patterns, readers become comfortable with...Read More

IN CASE YOU MISSED IT: 5 key stories from March 12

March 13, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday March 12 that are worth another look.Two more steel producers in Italy have stopped operations following the recent nationwide extension of the country's coronavirus-related quarantine area, and more stoppages were expected, sources told Fastmarkets on March 12.Ball Corporation is to acquire Tubex Industria E Comercio de Embalagen...Read More

LIVE FUTURES REPORT 12/03: Nickel LME price loses 5% on rewarranting, macro shocks

March 13, 2020 / www.metalbulletin.com

The London Metal Exchange three-month price for nickel fell by more than 5% on Thursday March 12, a trading day that saw a 16,000-tonne rewarranting, with the price reaching a high of $12,495 per tonne then crashing to a low of $11,735 per tonne, before closing at $11,830 per tonne.Almost 13,700 nickel lots were traded over the day, which was marked by the rare rewarranting of more than 16,000 ton...Read More

ALUMINA ROUND-UP: Fob Australia price rangebound; Atlantic discount widens

March 13, 2020 / www.metalbulletin.com

The benchmark alumina price remained above $300 per tonne on Thursday March 12 but liquidity on a fob Australia basis remained low. Fastmarkets calculated the daily alumina index, fob Australia at $303.17 per tonne on Thursday, little changed from $304.63 per tonne the previous day. The index has been above $300 per tonne since February 27. Key drivers:  Liquidity remains low but partici...Read More

IN CASE YOU MISSED IT: 5 key stories from March 12

March 13, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday March 12 that are worth another look.Two more steel producers in Italy have stopped operations following the recent nationwide extension of the country's coronavirus-related quarantine area, and more stoppages were expected, sources told Fastmarkets on March 12.Ball Corporation is to acquire Tubex Industria E Comercio de Embalagen...Read More

ALUMINA ROUND-UP: Fob Australia price rangebound; Atlantic discount widens

March 13, 2020 / www.metalbulletin.com

The benchmark alumina price remained above $300 per tonne on Thursday March 12 but liquidity on a fob Australia basis remained low. Fastmarkets calculated the daily alumina index, fob Australia at $303.17 per tonne on Thursday, little changed from $304.63 per tonne the previous day. The index has been above $300 per tonne since February 27. Key drivers:  Liquidity remains low but partici...Read More

Aurubis' Olen copper plant at half capacity to June; anodes diverted to market - sources

March 13, 2020 / www.metalbulletin.com

Aurubis' copper refining facility in Belgium has to operate at 50% of its full capacity due to an earlier incident, diverting intermediate-product copper anodes to the spot market, Fastmarkets has learned.Last November, a transport crane collapsed in the electrolysis section of Aurubis' copper tankhouse in Olen, Belgium, which transforms anodes into cathodes of 99.995% copper content. The Ole...Read More

Noranda Income Fund eyes capital spend as global zinc concs quality drops

March 13, 2020 / www.metalbulletin.com

Noranda Income Fund (NIF) is assessing whether capital investments at its facilities could help improve its production capacity and profitability in light of a decline in the quality of global zinc concentrates.NIF, which owns the Canadian Electrolytic Zinc (CEZ) facility in the province of Quebec, said the decline in concentrates quality has been in terms of the zinc grade and the level of impuri...Read More

SilverCrest to raise millions more

March 12, 2020 / www.mining-journal.com

It said underwriters led by National Bank Financial, Eight Capital Corp and Scotia Capital had agreed to buy C$75 million (US$54.4 million) worth of shares priced at $8.Read More

Amplats' force majeure gives PGMs a lift

March 12, 2020 / www.mining-journal.com

Amplats declared force majeure on Friday after an explosion at the plant on February 10, and the threat of another explosion at its replacement.Read More

IN CASE YOU MISSED IT: 5 key stories from March 12

March 13, 2020 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Thursday March 12 that are worth another look.Two more steel producers in Italy have stopped operations following the recent nationwide extension of the country's coronavirus-related quarantine area, and more stoppages were expected, sources told Fastmarkets on March 12.Ball Corporation is to acquire Tubex Industria E Comercio de Embalagen...Read More

Chile's copper production continues slide

March 10, 2020 / www.mining-journal.com

State copper company Codelco produced 118,600t in the month, 6.8% less than in the same period of 2019 and 36.8% lower than in December 2019 as output at its north division centred around Chuquicamata and El Teniente fell significantly.Production at the BHP-controlled Escondida increased 9.9% compared with a year ago to 100,900t, but fell 4.5% from December. The Anglo American-controlled Collahuas...Read More

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