Northstar Gold Corp. (CSE:NSG) announces that the Company has closed its previously announced non-brokered private placement.Read full newsRead More
".@LundinGold $LUG has suspended operations at its Fruta del Norte #gold mine after a rapid change in #Ecuador's #COVID19 situation. https://t.co/6RRs082kRu #investing #coronavirus"Read full newsRead More
A volatile market is a scary market — and today’s market is the stuff of nightmares. Stocks reached all-time highs almost across the board, so it was almost a guarantee that we would see at least some sort of major dip. Then came coronavirus, and the market crash that followed.While there’s a lot of advice floating around concerning what to do with your stocks, it doesn’t a...Read More
The market crash has crushed countless portfolios. But not every stock is feeling the same pain.Gold, for example, is traditionally a safe-haven asset. Throughout history, gold has often risen in value during a bear market. Mining companies that produce gold, therefore, could see their profits rise as well.Yet it’s not as simple as buying gold stocks. Many mining companies are riddled with d...Read More
Medical supply delivery to North Bay hospital Credit: Redpath In response to the covid-19 pandemic, North Bay headquartered Redpath Canada has donated 19,000 pairs of disposable medical gloves to the North Bay Regional Health Centre (NBRHC), a covid-19 assessment centre.The virus response, together with ongoing medical needs, places additional strain on personnel, inventory and supply chain...Read More
Every day, it's something new.Americans all over the country are hunkered down in their homes. Those who are still working are watching their accounts drain, unable to do anything about it. Those who've been hit hardest by the market chaos have to deal with the uncertainty of not knowing when they'll be able to get back to work.Everyone, no matter what their situation is, is faced with the anxiety...Read More
Rockcliff Metals team outside of the Bucko mill (Credit: Rockcliff) Rockcliff Metals has released an updated resource for its wholly owned Rail deposit in Manitoba, with both the total resource tonnes and contained copper-equivalent metal at the 20-sq.-km property more than doubling.Indicated resources have increased to 1.17 million tonnes at 3.52% copper-equivalent for a total of 90.7 million l...Read More
La Ronge in northern Saskatchewan. Photo by Town of La Ronge. Exploration drilling at Murchison Minerals' Brabant Lake property, 175 km northeast of La Ronge in Canada's Saskatchewan province, intersected high-grade copper and zinc mineralization 10 km to the southwest of the company's Brabant-Mckenzie deposit.A drill hole completed at the Main Lake target, situated within the same formation as...Read More
Escondida mine, Chile. (Image courtesy of Municipalidad Antofagasta | Flickr ) Global copper production in 2020 is impacted by the covid-19 outbreak, with data analytics firm GlobalData now forecasting output growth of 1.9% this year compared to the original forecast growth rate of 3.4%. The initial forecast was based on an anticipated increase in production from Chile, China and Peru, but falli...Read More
Argonaut Gold's El Castillo gold mine in Mexico. (Image courtesy of Argonaut Gold).Argonaut Gold (TSX: AR) announced Wednesday it is halting mining activities in Mexico to comply with the government-mandated suspension all non-essential businesses until April 30.Mexico's mining sector, one of the country's major industries, will be able to continue operations only deemed to be essential during t...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 1 that are worth another look.Spain's Ministry of Industry, Trade & Tourism has finally confirmed the steel industry is considered "essential" and can continue operating, albeit at a slower pace, the Spanish steel distributors association, UAHE, said on April 1.Arconic Inc has completed its separation into two standalone co...Read More
The three-month copper price on the London Metal Exchange was lower at the close of trading on Wednesday April 1, with price action shedding some $133.50 per tonne against moderate volumes, while continued inflows saw aluminium futures dip below nearby support.Copper's outright price on the LME closed at $4,800 per tonne on Wednesday afternoon, climbing from an intraday low of $4,769 per tonne, wh...Read More
The South African port authority is looking to reserve Durban port for the shipment of essential goods only, revoking a separate statement by the country's maritime authority to allow processing of metals cargoes during the 21-day lockdown, Fastmarkets has learned. The Transnet National Ports Authority, TNPA, insisted on April 1 that the current arrangements for usage of the busiest port in sub-Sa...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 1 that are worth another look.Spain's Ministry of Industry, Trade & Tourism has finally confirmed the steel industry is considered "essential" and can continue operating, albeit at a slower pace, the Spanish steel distributors association, UAHE, said on April 1.Arconic Inc has completed its separation into two standalone co...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 1 that are worth another look.Spain's Ministry of Industry, Trade & Tourism has finally confirmed the steel industry is considered "essential" and can continue operating, albeit at a slower pace, the Spanish steel distributors association, UAHE, said on April 1.Arconic Inc has completed its separation into two standalone co...Read More
The South African port authority is looking to reserve Durban port for the shipment of essential goods only, revoking a separate statement by the country's maritime authority to allow processing of metals cargoes during the 21-day lockdown, Fastmarkets has learned. The Transnet National Ports Authority, TNPA, insisted on April 1 that the current arrangements for usage of the busiest port in sub-Sa...Read More
Australia proved a bright spot among global markets yesterday, with the S&P/ASX 200 closing about 3.6% higher while other key indices fell.The S&P 500 closed 4.4% lower in New York and London's FTSE 100 lost 3.8%.Americans have been told they now have 30 days to "slow the spread".The country's manufacturing activity contracted less than expected in March, but disruptions caused by the pand...Read 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 hereCAML's operations in Kazakhstan and North Macedonia remain unaffected by the pandemic, despite confirmed cases in both countries increasing from about 20 to 350 over the...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") today announced that it has launched the next generation line of Uniden (R) cellular signal boosters, helping families and businesses improve network connectivity for work, school and entertainment purposes. The new home office line of cellular signal boosters includes the Uniden (R) U60C 4G and Unide...Read More
Here are five Fastmarkets stories you might have missed on Wednesday April 1 that are worth another look.Spain's Ministry of Industry, Trade & Tourism has finally confirmed the steel industry is considered "essential" and can continue operating, albeit at a slower pace, the Spanish steel distributors association, UAHE, said on April 1.Arconic Inc has completed its separation into two standalone co...Read More