Canadian zinc development company ScoZinc Mining has closed the first C$500 000 tranche of its previously announced nonbrokered private placement.
The company placed units at C$0.30 to raise the proceeds, which it will use to complete the NI 43-101 pr…
ScoZinc closes first tranche of private placement to fund Scotia PFS Read More »
The Department of Mineral Resources and Energy (DMRE) on Thursday issued a firm directive to all mining operations to ensure safe start-up procedures as the sector prepares to ramp up to 50% of capacity. Mining Weekly can report that the directive is i…
Firm directive to ensure safe mining resumption Read More »
Embattled chemicals and energy group Sasol reports that South Africa’s lockdown is having a significant impact on fuel demand, as well as demand for chemicals used in the mining and construction sectors. The JSE-listed group has, therefore, been forced…
Sasol cuts output as Covid-19 eats into fuels and chemicals demand Read More »
Dual-listed Kirkland Lake on Wednesday announced new drill results from the Macassa mine, in Ontario, which CEO Tony Makuch described as “extremely encouraging”, identifying a high-grade corridor near the new #4 Shaft being developed.
The new drill re…
Kirkland finds new large corridor along Main Break at Macassa Read More »
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) decreased by 6% year-on-year to 147-million tonnes in March.
The association says the global steel industry is being impacted on by factory shutdo…
Steel downturn evident in global production figures for March Read More »
HPQ Silicon is Closing a Non-Brokered Private Placement GlobeNewswire … Continue reading →
HPQ Silicon is Closing a Non-Brokered Private Placement – GlobeNewswire Read More »
Source: Peter Epstein for Streetwise Reports 04/23/2020
Peter Epstein of Epstein Research discusses the macro picture for precious metals prices and one junior who he believes will benefit from higher prices.Timing is eve…
Vangold Mining, a Silver-Gold Junior Taking Mexico by Storm Read More »
Source: Bob Moriarty for Streetwise Reports 04/23/2020
Bob Moriarty of 321gold discusses recent developments at three junior mining companies that have done deals with majors.I’ve been pretty quiet about mining shares lat…
GFG Resources, TriStar Gold and Precipitate Gold Now in Bed with Majors Read More »
Precious metals miner Sibanye-Stillwater has pledged its support for the phased approach to facilitate a managed and orderly return to safe production in the South African mining industry. According to the Amended Disaster Regulations, announced on Apr…
Sibanye supportive of South Africa’s phased approach to resuming mining activity Read More »
International silver demand was buoyed in 2019 by a 12% increase in investment demand, as retail and institutional investors focused their attention on the long-term investment appeal.
This is according to the Silver Institute’s ‘World Silver Survey 2…
Silver demand up in 2019, while mine production falls Read More »
