The company today announced that it had awarded the world's first LNG-fuelled Newcastlemax bulk carrier tender to Eastern Pacific Shipping, with the aim of GHG emissions by more than 30% per voyage.Read More
The COVID-19 death toll is now approaching a bleak 190,000 in America. Fully six months after the virus first arrived on our shores, we're still wearing masks. We're still social distancing. And many of us are still working from home. There's a global effort underway to develop a vaccine but it's not likely to be released any time soon. And time is running short with summer drawing to a close.Wh...Read More
Yesterday, Real Vision's Ed Harrison provided a timely overview of the risks that options pose to Technology shares due to the role that institutions have been playing in managing exposure to the high-flying group. He explained that if the market starts to roll over, institutions would mechanically pick up their selling. If you have not listened to Ed's overview of option dynamics, it provides gr...Read More
Benchmark Metals Inc. is a mineral exploration company focused on the Lawyer's Gold and Silver project, located in the Golden Triangle of BC, Canada.Read full newsRead More
Peter A Ball, President and CEO of NV Gold Corp, spoke to us about the latest update from the ongoing exploration program at their high-grade Exodus Gold Pro...Read full newsRead More
GOLDEN RIDGE RESOURCES LTD. (TSXV:GLDN) (Read full newsRead More
Further to its news release dated August 19, 2020, the Company has closed the initial tranche of its non-brokered private placement.Read full newsRead More
"BMO: Disruption to #nickel supply from New Caledonia continues, with an escalating blockade of SLN's Poum operation. In our view, the level of supply disruption seen in nickel this year is underappreciated. We forecast less nickel units to be mined this year than consumed."Read full newsRead More
Figure 1 Location map of Mineral Ridge and ownership boundary. Figure 2 Mineral Ridge highlighting areas of previous mining, planned mining and exploration target areas. Figure 3 Limited surface rock chip sampling results for the Mineral Ridge claims.VANCOUVER, British Columbia, Aug. 31, 2020 (GLOBERead full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to report new intersections of strong uranium mineralization in the initial drill holes of the summer campaign at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company's 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatche...Read More
U.S. sanctions and a collapsing oil industry are prompting Venezuela to step up its push into gold mining, including in protected areas of the Amazon.Read full newsRead More
Here are five Fastmarkets stories you might have missed on Wednesday September 2 that are worth another look.The premium for direct-reduced (DR) iron ore pellet for the third quarter of 2020 fell by 12.9% due to lower demand in the period, and market participants said the premium could fall...Read More
The three-month price of aluminium on the London Metal Exchange failed to breach nearby resistance at the close of trading on Wednesday September 2, despite reaching its highest price since January in the afternoon session, while a sharp decline in lead futures saw the metal lose 1.8% of its underlying price.Aluminium's outright price on the LME closed at $1,786 per tonne, a decline of more than 1...Read More
The spread between copper scrap and refined copper continued to widen in August amid the copper price rally and minimal buying interest from the Chinese due to logistics and customs clearance worries in the coming months.Fastmarkets assessed the price of copper scrap No 2 copper (birch/cliff) imported into China 94-96% LME/Comex discount, cif China basis at 32-36 cents per lb on Friday August 28,...Read More
Positive manufacturing data and talk of further fiscal stimulus buoyed markets.The S&P/ASX 200 also closed higher yesterday, up 1.8%, despite news Australia had officially entered its first recession in almost 30 years due to COVID-19.The gold price has softened about US$20 an ounce from this time yesterday to $1,940/oz on the spot market.Cardinal Resources (TSX: CDV) was one of the bigger mar...Read More
Prices for high-carbon and low-carbon ferro-chrome delivered in Europe have inched upward over the week ended Tuesday September 1, with participants returning to the market after the summer holiday break.Fastmarkets' weekly assessment of the price for ferro-chrome, high carbon, 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe, rose by $0.01 per lb Cr or 1.1% to $0.81-0.95 per lb Cr on Tues...Read More
Three dams and three dikes were issued negative Stability Condition Declarations (DCEs), the company said yesterday.However the Brazil-based miner said there would be no impact on its already revised 2020 iron ore production guidance, which it tipped in July would likely reach the lower end after a challenging second quarter. Vale said yesterday it had started level one emergency protocols fo...Read More
An overview of the noble alloys markets and the reasons for any price movesRead More
The spread between copper scrap and refined copper continued to widen in August amid the copper price rally and minimal buying interest from the Chinese due to logistics and customs clearance worries in the coming months.Fastmarkets assessed the price of copper scrap No 2 copper (birch/cliff) imported into China 94-96% LME/Comex discount, cif China basis at 32-36 cents per lb on Friday August 28,...Read More
The Turkish steel producers have resumed their deep-sea scrap purchases for September shipments at higher prices, market sources told Fastmarkets on Wednesday September 2.After booking six deep-sea cargoes totaling around 220,000 tonnes last week, the mills in Turkey stopped their scrap purchases on August 26.But two steel mills came to the market and paid higher prices for fresh deep-sea cargoes...Read More