Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Arc had signed a confidentiality and six-month exclusivity agreement with a subsidiary of Anglo American in July over its majority-owned Zamsort and Zaco copper licences in Zambia.Under the agreement, Arc was continuing drilling while Anglo American conducted a technical review, which could resul...Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly lower this morning, Tuesday November 10, while prices consolidated after Monday’s double dose of positive news - that of Joe Biden winning the US presidential election and Pfizer announcing progress toward a potential Covid-19 vaccine.* Asian Pacific equities mainly higher on the back of the vaccine...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.Eli Lilly added $4.42 to $146.75 after the FDA approved the company's COVID 19 antibody treatment.Beyond Meat dropped $33.77 to $116.73 after reporting lower than consensus third quarter revenues and earnings.Raytheon Technologies added $1.53 to $66.52 after JP Morgan upgraded the stock f...Read More
All Proxy Proposals PassELKO, Nev., Nov. 10, 2020 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU), today announced the results of the Company's annual shareholder meeting that was held virtually on November 9, 2020 at 8:00 AM PT.The following proposals were approved by the Company's shareholders at the meeting:Conversion of the Company's Series H Preferred Stock into common shares Conversion of th...Read More
Canada's Denison Mines (TSX: DML) is ready to resume the formal environmental assessment (EA) process for its 90%-owned Wheeler River project in Saskatchewan, which is poised to be the country's first in-situ recovery uranium mine.Denison had paused the process in March, due to restrictions related to Covid-19 measures. President and chief executive David Cates said the company would give formal n...Read More
First Cobalt (TSXV: FCC) is planning to alter its prior arrangement with global miner Glencore (LSE: GLEN) and sign a a long-term feed purchase contract instead of the original tolling contract. First Cobalt owns North America's only permitted cobalt refinery.Securing feed material under a long-term cobalt hydroxide purchase contract would allow its refinery in Ontario to be "an active market par...Read More
Precious gemstones miner Gemfields Group (LSE: GEM; JSE: GML) says it is unable to say when it might be able to host its next auction, or generate meaningful revenue from sales, due to the "severe" impact of Covid-19 restrictions.The company, which returned to the London Stock Exchange's market for juniors this year, has only been able to host one auction so far in 2020. Held in February in Lusak...Read More
This week's episode features the launch of The Northern Miner's Global Mining Symposium virtual mining conference, with opening remarks by group publisher Anthony Vaccaro. As well, the news section tackles the latest developments on the trade tensions between Australia and China.All this and more with online editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Western Sky",...Read More
Explorer and developer Bluejay Mining (LSE: JAY) has inked a joint venture and earn-in agreement with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to advance the Enonkoski nickel project, in Finland.The deal could see Rio progressively earn up to a 75% interest in the project by injecting US$20 million into it either by covering expenses or paying cash equivalent amounts, over three stages.In the fir...Read More
Here comes the long, cold slog through what is going to be a brutal winter.The election is behind us, for better or worse. There is talk of a truly effective vaccine from Pfizer and its partners. There are some glimmers of hope in economic data.As the Counting Crows song goes, "maybe this year will be better than the last."We're not there yet, and there is a lot more for us to go through.Now that...Read More
Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets.Read More
Erdene Resource Development Corp. is pleased to announce operatinRead full newsRead More
VVC Exploration Corporation announces that it has signed a ShareRead full newsRead More
ALX Resources Corp. is pleased to announce the preliminary resultRead full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index turned on the jets and powered 71.56 points higher or 6.8% to close at 1122.36.A six-month high Friday (click for larger)Our short-term momentum indicator, RSI, erupted over 50% to 61.61. MACD our long-term momentum indicator shot up 14.82 points to 4.89. And the shar...Read More
Mining Journal - Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More
/PRNewswire/ -- Over the last decade, global demand for gold has increased constantly. Worldwide gold demand amounted to 4,356 metric tons in 2019. Demand has...Read full newsRead More
Can a mining company safely move them?Read full newsRead More
Here are five Fastmarkets stories you might have missed on Friday November 6 that are worth another look.Brazilian flat-rolled steel producer Usiminas regained in October the levels of production and sales volumes it had enjoyed in March, after taking a heavy hit from the Covid-19 pandemic in the intervening seven months and...Read More
Here are five Fastmarkets stories you might have missed on Friday November 6 that are worth another look.Brazilian flat-rolled steel producer Usiminas regained in October the levels of production and sales volumes it had enjoyed in March, after taking a heavy hit from the Covid-19 pandemic in the intervening seven months and...Read More