Trade log for cobalt sulfate in China including business, bids and offers reported to Fastmarkets. Unless otherwise stated, all prices are yuan per tonne on an ex-works basis.Fastmarkets prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co 20.5% basis, China ex-works, yuan/tonne.The exchange rate on Wednesday April 15 at 43,000 yuan to $6,097.Wednesday April 15Price unchanged...Read More
Chinese stainless steel producers have withheld their offers since late last week and this has resulted in a recent surge in prices, multiple sources told Fastmarkets this week. Stainless steel mills including a major privately-held steelmaker resorted to a supply shock to arrest a rapid decline in prices after futile attempts to court customers with price discounts, a stainless steel trader in no...Read More
For a junior exploration company with a market capitalization of $3 million, the prospect of acquiring a gold project with a past producing mine in the U.S., where Rio Tinto (NYSE: RIO; LSE: RIO) may spend up to US$30 million to earn a 70% stake, sounds almost too good to be true.But that's exactly what American Pacific Mining (CNSX: USGD; US-OTC: USGDF) pulled off this week in an all-share deal w...Read More
First Nations in Quebec and Labrador have raised concerns about the reopening of mining operations in Quebec, fearing that movement in and out of fly-in/fly-out camps will increase transmission of the novel coronavirus into their communities.In a statement, Assembly of First Nations Quebec-Labrador (AFNQL) Chief Ghislain Picard noted that many mines in the province are located on First Nations ter...Read More
A Chilean environmental court will look into the State Defence Council's (CDE) allegations that the Escondida copper mine, the world's largest, has caused "irreparable damage" to the Punta Negra salt flat, in the northern Antofagasta region.In the lawsuit filed against the mine, majority-owned by BHP (NYSE: BHP; LSE: BHP), the government agency claims Escondida generated, between 1990 and 2017, "c...Read More
Solstice Gold (TSXV: SGC) has completed a new technical report on its Kahuna gold project, located 26 km northeast of Rankin Inlet and 15 km from Agnico Eagle Mines' (TSX: AEM; NYSE: AEM) Meliadine gold mine in the Kivalliq region of eastern Nunavut."The updated technical report validates our exploration strategy and modelling for Kahuna, and confirms it as an attractive, early-stage exploration p...Read More
Global Atomic (TSX: GLO; US-OTC: GLATF) has completed a preliminary economic assessment (PEA) for the first phase of a larger underground mine at its Dasa uranium deposit in the Republic of Niger.During the first phase, the operation would operate for 12 years and mineralization would be extracted from the high-grade Flank zone."Our development plan is a low capex route into production that uses c...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Most frequently, scenario construction involves consideration of an attractiv...Read More
The company's mine in Red Lake is still on track for first gold production in late 2020.Read full newsRead More
Mine and project closures related to COVID-19 have begun to drive the uranium spot price higher, helping the metal break past $27 per pound.Read full newsRead More
Gold Mining Stocks' Outlook Bright on Coronavirus FearsRead full newsRead More
The company's mine in Red Lake is still on track for first gold production in late 2020.Read full newsRead More
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