Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. We highlight companies that have the most growth potential by utilizing our proprietary analytics platform.Read full newsRead More
Join us for a FREE virtual Breakfast Briefing on April 23rd at 9 am (EST) -- Alen Paul Silverrstieen of Imagination Park Technologies Inc. will be presenting...Read full newsRead More
VANCOUVER, BC / ACCESSWIRE / April 16, 2020 / Loop Insights Inc. (TSXV:MTRX) (the "Company" or "Loop") - provider of transformative artificial intelligence (AI) solutions- is pleased to announce the appointment of Teresa N. Taylor to the Company's Board of Advisors. As a long-time resident of Ferndale, Washington, Teresa is deeply involved in local government. Most recently...Read More
Even if many TSX stocks have shown a sharp bounce back recently, the worst does not appear to be over just yet. While hospitality and aviation industries were among the most beaten-down sectors amid the COVID-19 crash, energy and minerals were equally weak this year. Lower oil and gas prices along with increasing recession jitters notably hampered these two cyclical industries.One of the biggest e...Read More
Anglo American slowed the development of its $5.3 billion Quellaveco copper mine in Peru, pictured. Image from Anglo American. The share of global mining projects that advanced to the next stage of development has decreased from 3.8% in Q4 2019 to 2.8% in Q1 2020, and is expected to slow further in Q2 2020 due to the coronavirus outbreak, according to a new report by energy research company Globa...Read More
Due to the ongoing covid-19 pandemic, MIINING.COM's sister publication, The Northern Miner, is transforming the 2020 Canadian Mining Symposium into an online e-conference. While this changes the format of the Canadian Mining Symposium, it also creates new opportunities as it can now accept more delegates, broadcast exclusive content from different parts of the world, and achieve new levels of i...Read More
Is this how capitalism dies? Through decrees from what once were the ivory towers of capitalism, no less?The Fed is now up to $6 trillion of liquidity, or free money in the sense that it is taking over the role of large banks at 0% interest.Go global and we're approaching $20 trillion of central bank pledges and action.None of the questions that tempered the start of QE are being raised.There is v...Read More
Key moves in the mining sectorPeter Fairfield has joined the board of Aurcana.Nick Demare is now on the board of Blue Sky Uranium.Joseph Ovsenek has joined the board of Central Timmins Exploration with Charles Gryba resigning as a director, president and CEO of the company. Gryba will continue as a technical consultant; Central Timmins is searching for a new president and CEO.Peter He...Read More
View of the Pueblo Grande project. Image from Precipitate Gold. Precipitate Gold (TSXV: PRG) has closed its previously announced non-brokered private placement of 12.7 million common shares of the company at a price of C$0.11 per share for gross proceeds of approximately C$1.39 million, as subscribed for by Barrick Gold.Earlier this week, the two companies entered into an earn-in agreement, grant...Read More
China has nearly 8,000 tailings dams, the most in the world. (Image: AZ China.) China has launched a one-month probe into the country's tailings dams after a spill at a molybdenum mine last month contaminated water supplies to the northeastern province of Heilongjiang.Mining waste flowed out of a YichunLuming's tailings storage facility in March, polluting water up to 110 kmdownstream and forcing...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprecedented health and economic crisis that threatens to throw the region off its stride, reversing the development progress of recent years and hitting the mining sector hard.The mineral-rich region - which comprises 46 of the 54 countries in the continent below the Sahara - is expected to see its eco...Read More
The three-month zinc price on the London Metal Exchange finished strong on Friday April 17, closing at $1,958 per tonne after steadily gaining through the week.The zinc price briefly touched a high of $1,962.50 per tonne on a day that saw 5,270 lots traded. The rally in the zinc price is significant given that the galvanizing metal's price was at $1,793 per tonne on March 25.Global LME refined zin...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Adam HamiltonArchivesApr 17, 2020 Silver is blasting higher after mid-March's stock-panic-spawned near-crash. This normal oversold mean reversion looks like the start of something much bigger though. Speculators' positioning in silver futures utterly collapsed, leaving massive room for them to buy back in. And silver investment buying since the recent lows has been strong and relentless. All this...Read More
"We reported on March 11 that we will need to raise $150 million to complete the feasibility study and for regional exploration and there are no changes to that, so within the next couple of weeks weRead More
Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click here.Mined copper production in the March quarter dropped 8% year-on-year and 4% quarter-on-quarter to 133,000 tonnes due to lower grades.Rio now expects mined copper product...Read More
Fastmarkets reviews the latest developments in South African ores and alloys supply following the lockdown order on Monday March 23 amid the spread of Covid-19 and the subsequent extension on Thursday April 9 by a further two weeks from the initial 21 days. Mines and smelters across the country were ordered to shut down by midnight on March 26 and most of the existing lockdown measures are expecte...Read More
Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday April 17.China The UG2 chrome ore market rose again on increased buying interest and bullish sentiment following South Africa's lockdown extension, and an expectation of a slow restart to mining operations.The spot domestic ferro-chrome prices remained stable, the market was...Read More
Fastmarkets' copper concentrate treatment and refining charge index continued to drop in the week ended Friday April 17 with limited tonnages sold over the assessment period. The benchmark index fell to $58.6 per tonne/ 5.86 cents per lb on Friday, from $60.1 per tonne/ 6.01 cents per lb a week ago. A handful of deals were concluded in the low $60s per tonne /6 cents per lb to smelters while...Read More