A recent Supreme Court decision pertaining to Nevsun Resources could have big implications for other Canadian mining companies with foreign operations, opening them up to human rights claims stemming from their operations abroad.The lawsuit against Nevsun, Nevsun vs. Araya, alleges that the company was complicit in the use of forced labour by a sub-contractor at its Bisha copper-zinc mine in Eritr...Read More

Marathon Gold (TSX: MOZ) has released results of 16 diamond drill holes, which extend the strike length of the Berry zone to 350 metres. The drilling targeted both the Berry zone as well as the ground to the northeast, towards the area known as the Frozen Ear Pond Road.The drill highlights include 14 metres of 8.06 grams gold per tonne; 12 metres of 8.03 grams gold per tonne; and 24 metres of 2.44...Read More

Palladium One Mining (TSXV: PDM) has extended the Kaukua South zone anomaly at its flagship L??ntinen Koillismaa (LK) PGE-nickel-copper project in north-central Finland."Reconnaissance drilling carried out by previous owners of the property showed mineralization to be associated with the anomaly, and we have now extended it over four kilometres into a large area of overburden that has never been d...Read More

Troilus Gold (TSX: TLG; US-OTC: CHXMF) has released results from three drill holes completed at the Southwest zone within its 160-sq.-km Troilus gold project, northeast of Chibougamau, Quebec. The results appear to confirm a mineralized trend of over 1 kilometre.The drill highlights include 33 metres of 1.65 grams gold-equivalent per tonne, 13 metres of 1 gram gold-equivalent per tonne, and 9 metr...Read More

Bluejay Mining (LSE: JAY) has expanded its footprint in Greenland, after securing two new mineral exploration licences surrounding its existing Kangerluarsuk zinc-lead-silver project in the island territory's central west.The company can now conduct exploration activities across nearly 2,025 sq. km near the southern tip of Greenland. The project, to be named Thunderstone, is described as being "hi...Read More

Gold has tallied its fourth straight session gain, continuing its rally last week, which saw the price of the precious metal reach its highest in more than seven years.Gold's latest run has likely been spurred by cash injections to mitigate the severe impact of COVID-19 on the global economy, analysts say. Governments worldwide are signing off on massive stimulus measures on top of the near-zero r...Read More

The project will nearly double renewables production.Read full newsRead More

THE price of uranium has been on the increase in the past two weeks owing to the potential disruption to supply which is divided between a handful of major companies. "Demand for uranium is very distributed - there are 442 reactors across the globe - but the supply side is very, very concentrated," Andre Liebenberg, ...Read full newsRead More

The Canadian mining firm Excellon Resources announced recently that it is acquiring Otis Gold Corp., also of Canada, thus bolstering their risky scheme to use cyanide-based gold mining in theRead full newsRead More

Top TSX stocks have largely recovered almost half of the value that was lost amid the COVID-19 crash since February. However, this picture could turn gloomier with quarterly earnings and rising recession jitters.It is still an attractive opportunity for new investors, because many high-quality stocks are trading at bargain levels, and their long-term growth prospects look really good. I will cover...Read More

Oyu Tolgoi (Credit: Turquoise Hill Resources) Turquoise Hill Resources (NYSE: TRQ) reported on Thursday that Oyu Tolgoi mine Q1 gold production plunged 78% year-over-year to 26,154 ounces and that copper output slid 23%, to 35,203 metric tonnes.The Rio Tinto-controlled company that operates the mine in Mongolia reported that sales in January and February were impacted by curtailed operations in C...Read More

Barrick Gold introduces autonomous trucks at Nevada mines. Image from Komatsu Press Release Withthe coming age of Industry 4.0, it's no longer prudent, strategic oreconomically smart to wait until a critical mining asset has broken down to fixthe machine. Equipment breakdowns are often costly on many levels - downtimemeans productivity is affected, parts can be expensive and then there are thewas...Read More

China's EV industry runs rings around the US and Europe. Image: Nanpu Bridge, Shanghai. Nickel-cobalt-manganese cathode chemistries dominate global lithium ion electric vehicle battery production - though Tesla is doing its best to change that. The fact that the Democratic Republic of Congo is the source of more than two-thirds of global production and China's control of refining is north of 80%...Read More

Eagle River Complex, Mishi - Open Pit. Image courtesy of Wesdome River Gold Mines LtdWesdome Gold Mines (TSX:WDO) announced on Thursday its gold production results for the first quarter of 2020, with consolidated output of 25,122 ounces, a 32% increase from 19,010 in the same period in 2019. Sales rose 41% year-on-year to 26,500 ounces from 18,760. Sales rose 41% year-on-year to 26,500 ounces fro...Read More

Sorting diamonds. Image from Alrosa. Russian diamond miner Alrosa reported on Thursday diamond production of 8 m carats in Q1 2020, a 9% drop in comparison to the previous quarter, but 2% growth year-over-year.Alrosa said the drop was due to lower production at the Aikhal underground mine and the Botuobinskaya pipe. The company attributed the 2% growth y-o-y to increased production at the Aikh...Read More

Here are five Fastmarkets stories you might have missed on Thursday April 16 that are worth another look.Toyota plans further cuts to output at its automotive plants in Japan in response to the Covid-19 pandemic, but has also pledged to support ventilator producers in the fight against the rising infection and death rates.Chinese stainless steel producers have withheld their offers since late last...Read More

Mining operations in South Africa may now operate at a reduced capacity of not more than 50% during the country's lockdown and can apply to restart and increase production beyond this level, according to a government minister. Dr Nkosazana Dlamini Zuma, South Africa's minister of cooperative governance and traditional affairs, said approvals will come from the minister of mineral resources and ene...Read More

The three-month copper price on the London Metal Exchange was little changed at the close of trading on Thursday April 16, holding above nearby support levels despite a 10-day low in turnover, while aluminium futures continued to find support above the $1,500 per tonne threshold.Copper's underlying price on the LME closed at $5,138.50 per tonne, climbing by just over 0.5% from Wednesday's closing...Read More

What Is The Difference?The first question you may be asking yourself when you are trying to decide if you are going to invest in bullion coins or proof coins is: what is the difference between them? Table of ContentsTop DifferencesWhat Does Proof Mean in Coins?Which One Should I Buy?Why Are Uncirculated Coins Worth More?Is a Proof Coin More Valuable?Differences Between Bullion, Proof, & Uncirc...Read More

Key pricing data from the pricing session for Fastmarkets' alumina index, fob Australia on Thursday April 16. Fastmarkets' daily alumina index, fob Australia was little changed from the previous day and steady from $225.40 per tonne a week prior. But the current index level remains 24% lower than a month ago. Key drivers:  Fresh deal concluded on March 15 at $225 per tonne fob Australia with...Read More