Canadian rare earths company Geomega has begun modifying its rare-earth pilot plant, located at the National Research Council in Boucherville, Quebec, to be able to produce hand santiser.
In a statement announcing the initiative, Geomega says that the…
Quebec rare earth plant retrofitted to produce hand sanitiser Read More »
(Kitco News) – Gold and silver futures prices are trading sharply lower in early U.S. trading Tuesday. The world marketplace is still buzzing and even shaken after Monday’s astonishing trading action in Nymex crude oil futures.
Gold, silver prices sharply down as buyers spooked by crude oil Read More »
(Kitco News) – Events in the gold and crude-oil markets in recent weeks taught speculators to pay attention to important dates for futures contracts and not to wait to long to roll forward positions, said BMO Capital Markets.
BMO: traders get lesson on rolling futures positions Read More »
(Reuters) – Canadian miner Teck Resources Ltd TCKb.TO (TECK.N) reported a much bigger-than-expected 84% plunge in quarterly profit on Tuesday, hit by shutdowns due to the coronavirus outbreak and weak performance in its energy unit.
Teck Resources profit falls short as lockdowns, energy unit bite Read More »
(Kitco News) – Bitcoin-U.S. dollar prices are again trading near steady in early U.S. trading Tuesday.
Bitcoin daily chart alert – Bulls maintaining price uptrend – Apr. 21 Read More »
Diamond mining company Gem expressed confidence on Tuesday that its Letšeng operation in Lesotho would be able to ramp-up to full production rapidly once the Covid-19 lockdown period was lifted and all employees and contractors were able to return to s…
Gem confident of rapid ramp-up of Lesotho diamond mine Read More »
The miner said the $2.5 billion-project’s schedule was under review, adding that first production won’t likely happen until early 2021.
BHP flags delay in Spence copper mine expansion Read More »
A programme to monitor and improve artisanal cobalt mines in Democratic Republic of Congo will double the number of mining sites it covers this year through a partnership between RCS Global and the Responsible Minerals Initiative. RCS Global, a company…
Congo artisanal cobalt programme expands with industry backing Read More »
TSX-listed base metals miner Ascendant Resources has entered into a share purchase agreement with Panama-based Kirungu to sell all the issued and outstanding shares of its wholly-owned Honduran subsidiary American Pacific Honduras (Ampac), which owns t…
Ascendant sells Honduran mine to focus on Portugal project Read More »
Research agency Standard & Poor’s Global Platts (S&P) says there is a lack of upside signals for global coal demand, and the agency remains cautious around any significant rebound.
This follows a bull market for coal that ran from 2016 to 2018…
Bearish stance on coal prices remains – S&P Read More »
