Image: Rio Tinto Oyu Tolgoi. Copper bounced on Tuesday after a rebound in Chinese manufacturing activity, but analysts cautioned that the market is far from returning to normal levels.Copper trading in New York rose by more than 4% to $2.248 a pound ($4,955 a tonne) on course to contain its first-quarter losses to below 20%. Two weeks ago the bellwether metal briefly traded below $2.00, levels la...Read More

Image from Transmountain. Neither the Trudeau government nor the BC public health officer appear inclined to shut down pipeline construction in Canada.Construction on the $12.6 billion Trans Mountain pipeline continues, and Alberta Premier Jason Kenney announced Monday that construction will start on the Canadian portion of the Keystone XL pipeline as well in April.The Kenney government announced...Read More

Aerial view of the Springpole project camp in winter. Image courtesy of First Mining. First Mining Gold has released an update on the progress of a prefeasibility study (PFS) and permitting at its 419-sq.-km Springpole gold project in northwestern Ontario. The company now expects results of the PFS to be released early next year. The document was previously expected to be complete this year. Ear...Read More

MinVu Shift Manager, RPMGlobal's intra-shift software solution, has received a major overhaul with the launch of the MinVu Shift Manager app.MinVu Shift Manager is a short-term planning and execution solution. The tool is a unique, industry-built software solution that enables users to collaborate and communicate through a single, integrated plan to drive more effective on-shift decision support...Read More

If your upbeat on gold juniors these days, then your probably hunting for sold off bargains that might have happened in the last weeks. I mean pretty much any of the juniors who might have been riding high have been knocked off their high horse and are back to 52 week lows or worse. So sifting through the wreckage can be not only time consuming but with this virus issue going on, a lot of potentia...Read More

Weekly Reports |Mar 31 2020The spot uranium price leapt 13% last week as around the globe miners announced temporary shutdowns for the sake of worker safety.-Cameco shuts up shop-Other uranium miners/developers follow suit-Worker safety paramountBy Greg PeelOn a directive from the Canadian and Saskatchewan governments, Cameco last week shut down its 50% owned Cigar Lake uranium mine - the world's...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 31 that are worth another look.The Spanish steel industry has demanded clarification from the government following a March 29 decree to shut down all non-essential production as part of the battle to contain the Covid-19 pandemic, Fastmarkets heard on March 31.The closure of borders and reduced port operations across African...Read More

A summary of base metals premiums from across the globe for the week to Tuesday March 31.Please click...Read More

The closure of borders and reduced port operations across African countries have led to month-long delays of copper cargoes, while suppliers have raced to re-route goods over the past week. "We are now stressed out trying alternative routes. But the problem is even if the cargoes can depart from other ports, their port capacities are significantly lower. We are talking about delay in terms of mont...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 31 that are worth another look.The Spanish steel industry has demanded clarification from the government following a March 29 decree to shut down all non-essential production as part of the battle to contain the Covid-19 pandemic, Fastmarkets heard on March 31.The closure of borders and reduced port operations across African...Read More

(Adds recent repo program)By Jonnelle MarteMarch 31 (Reuters) - The Federal Reserve has moved intooverdrive to try to keep the U.S. economy from suffering lastingdamage from the coronavirus pandemic, announcing an emergencyinterest rate cut on March 3 and rolling out new efforts almostweekly since, including slashing rates to zero and relaunchinglarge-scale asset purchases.The U.S. central bank, a...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comMarch 31, 2020Gold is majestically postured now, because America’s government and central bank continues to borrow, spend, and print money with surreal intensity.The light at the end of the tunnel is a stagflationary freight train.Pleaseclick here now. Double-click to enlarge.A beaut...Read More

The closure of borders and reduced port operations across African countries have led to month-long delays of copper cargoes, while suppliers have raced to re-route goods over the past week. "We are now stressed out trying alternative routes. But the problem is even if the cargoes can depart from other ports, their port capacities are significantly lower. We are talking about delay in terms of mont...Read More

"Copper jumped, while the other LME metals were a mixed bag on Tuesday, after Chinese manufacturing activity recovered sharply in March," Marex Spectron's Anna Stablum said from the LME desk (Singapore).However, she said some analysts believed the worst was yet to come as the survey only asked how business compared to the previous month, which showed the deepest contraction since at least 2005.Mor...Read More

"In light of the rapid spread of COVID-19 and its significant impact on global financial markets, Tranche 2 of AFC's equity funding (Tranche 2) will be deferred to allow for the stabilisation of market and global conditions," said Danakali.Danakali has already received an initial US$21.5 million tranche from AFC, which it said leaves the company "well-funded to complete current planned activities...Read More

The company has told the New York Stock Exchange that it is monitoring the situation closely and supply chain teams have been executing business continuity plans.Those plans include being alert to potential short supply situations, and, if necessary, using alternative sources and/or air freight; redirecting orders to other distribution centres, and prioritising the redistribution of the most impac...Read More

In collaboration with Brazil hospitals Hospital Israelita Albert Einstein and Rede Mater Dei de Saúde, the company is offering direct investment of US$1 million or in-kind support via partners to speed implementation of a winning idea."The whole world is fighting against COVID-19, and Vale - as a global company - wants to be a catalyst and connector of solutions to reduce the impacts of thi...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report additional assay 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...Read More

Here are five Fastmarkets stories you might have missed on Tuesday March 31 that are worth another look.The Spanish steel industry has demanded clarification from the government following a March 29 decree to shut down all non-essential production as part of the battle to contain the Covid-19 pandemic, Fastmarkets heard on March 31.The closure of borders and reduced port operations across African...Read More

Jordan Roy-Byrne CMT, MFTAThe historic action of the precious metals sector over the past few weeks has continued.The strong recovery in GDX, GDXJ, and Silver has potentially invalidated the technical breakdown that occurred during the crash. It appears to be a failed breakdown.Furthermore, Gold was looking vulnerable on the weekly, and monthly chart yet was able to slingshot back to $1700/oz. I...Read More