Australian mining engineer Palmer was Newmont's COO and promoted to the dual roles of president and COO last year.In February, former Rio Tinto executive Rob Atkinson was announced COO, effective June 1, freeing up Palmer to take on the CEO role when Gary Goldberg retired in the fourth quarter.Newmont said Goldberg would serve as executive advisor to support Palmer and the executive leadership tea...Read More
Silver popped nicely, rallying nearly 7.5 % from low to high over the past two weeks, beating gold's 4.8% gain.The gold/silver ratio has dropped a little more than 6 full points in the past week, falling from a high just north of 93 ounces of silver to purchase one ounce of gold, to just under 87.In last week's blog we identified $16.20 per ounce as a key level for silver. That level was t...Read More
The electrification of transport is transforming the demand and supply of battery raw materials. We expect to see double-digit growth for battery raw materials over the next decade. Our latest research suggests they could face a supply crunch by the mid-2020s.Read full newsRead More
"Roskill: "Despite the current hype, #nickel prices remain well below recent highs, and still have a long way to go to reach required incentive price levels." https://t.co/fzDtGvcHjJ"Read full newsRead More
Pure Gold Mining (TSX-V: PGM and LSE: PUR), the company focused on advancing the Madsen Red Lake Gold Project to become Canada’s next major gold mine, received a huge endorsement in the eyes of investors this week, as mining money guru Eric Sprott poured his millions into the gold developer alongside key, strategic cornerstone investors; AngloGold Ashanti, the third largest gold minin...Read More
This is my final editorial for The Northern Miner, as I will soon depart to join gold miner Agnico Eagle Mines as a senior geologist in their Toronto head office, working on technical writing.After almost 23 years at the Miner, including the past 14 years as editor-in-chief, I've been overwhelmed by the hundreds of well-wishes coming in from around the world after my departure was announced, repre...Read More
LONDON - Nickel prices touched their highest in four months on Friday on worries that major producer Indonesia will resume an export ban on ore in 2022.Indonesia relaxed the ban in 2017, but ...Read full newsRead More
In May 2019, 57% more nickel metal equivalent (NME) was deployed globally in batteries of new passenger EVs than the same month the year prior, according to Adamas Intelligence's latest "EV Battery Nickel Monthly" report. Over the same period, the amount of NME used in li-ion batteries (primarily in the...Read full newsRead More
Tsingshan and other firms investing in an electric vehicle battery chemical plan...Read full newsRead More
"Golden Predator Announces $6 Million Private Placement; Eric Sprott to Purchase 5 Million Shares @GPY_3Aces https://t.co/cEgViJuR8T"Read full newsRead More
Donald and Xi have confirmed their true and everlasting friendship now. Trade wars are over, it’s all rainbows and unicorns - and investors do not need safe havens anymore. Right? The celebratory mood feels great but let’s find out what the trade truce really means for the gold market.Ufff, They Announce Trade Truce The G20 meeting in Osaka, Japan, is behind us. Did I write “G20&...Read More
Great Bear Closes C$10.9 Million Over-Subscribed Bought Deal Private Placement.Read full newsRead More
Shares of Energy Fuels (TSX: EFR) and Ur-Energy (TSX: URE) moved higher on a report from Bloomberg that the U.S. Department of Commerce is recommending that Washington take measures to protect domestic uranium production.The June 20 article, quoting three anonymous sources briefed on the matter, said the commerce department believes that the U.S. reliance on uranium imports poses a national securi...Read More
"Congrats to @NewGoldInc on receipt of provincial approval for Blackwater, a bulk tonnage, open-pit mining project in central British Columbia, approx. 200 km south of FPX Nickel's Decar projecthttps://t.co/4mivnAyTQx"Read full newsRead More
It would not be a stretch to suggest Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) executive co-chairman Robert Friedland is probably the world's best mining promoter.The Friedland legend started to take root when he carefully choreographed a bidding war between former Canadian base metals titans Inco and Falconbridge for the considerable Voisey's Bay nickel-copper-cobalt deposit in Labrador.When the fr...Read More
"Vale halts On??a Puma #nickel complex, to pay twice the amount of original fines. Q12019 production was approx 4kt Ni https://t.co/XkvqnCnfJg"Read full newsRead More
"Much of the world's #nickel is sourced via questionable practices in developing countries. How sustainable is this model?https://t.co/PV1VCJpHDa"Read full newsRead More
June 18, 2019 (ACCESSWIRE via COMTEX) -- Further Update Concerning Acacia Mining plc - Situation in Tanzania and Review of Acacia Mine Plans NOT FOR RELEASE,...Read full newsRead More
"Great Bear Announces Upsized Bought Deal Private Placement of Flow-Through Common Shares to C$8.2 Million @GreatBearGBR https://t.co/igjMnU5RYP"Read full newsRead More
The following is an edited release from the International Copper Study Group (ICSG) showing preliminary data for world copper supply and demand for February 2019. For more detailed information, visit www.icsg.org.Preliminary data indicates that world copper mine production declined 1.8% in the first two months of 2019, with concentrate production declining 1.3% and solvent extraction-electrowinni...Read More