A summary of Sherritt International's production results for the fourth quarter and full-year 2020, along with its guidance for 2021, released on Monday January 25.In brief Finished nickel production at Sherritt's Moa JV (a joint venture with Cuba's General Nickel Co, with nickel/cobalt operations at Moa in Cuba and at Fort Saskatchewan in Alberta, Canada) over the...Read More

Eloro Resources (TSXV: ELO) reported additional results from its diamond drilling program at the Iska Iska silver-polymetallic project in southern Bolivia. The new drill results are from 10 additional holes on top of the five underground holes previously received by the company. These included the first three underground holes drilled at the Santa Barbara Breccia Pipe (SBBP) discovery, the deepes...Read More

First Cobalt (TSXV: FCC; US-OTC: FTSSF) announced that it has started pre-construction work at its permitted cobalt refinery in Ontario. The company is now working on detailed engineering and procurement of long lead time items - this includes a cobalt crystallizer and solvent extraction and filtering equipment. Pilot plant testwork is also underway to assess additional improvements to the refiner...Read More

This week's episode features financier Robert Friedland's keynote address at the opening ceremonies of AME Remote Roundup. Friedland discussed the state of the mining industry, including the search for new deposits to supply the green economy, the 'revenge of the miners', the importance of ESG, new exploration techniques and a renewal in mine financing.All this and more with host Adrian Pocobelli....Read More

Ball Corp is to build a new aluminium canmaking plant in the Czech Republic to meet rising demand from consumers seeking sustainable and recyclable beverage packaging, the company said.Construction of the facility, which will be located in Pilsen, will begin in the spring of 2021 with operations expected to begin in October 2022. The plant is part of a broader strategy for increased inve...Read More

The S&P/TSX Venture Composite Index climbed 4.34% to finish the trading week at 947.43. Spot gold jumped US$26.90 per oz., or 1.47%, to US$1,855.50 per ounce.Rock Tech Lithium rose $1.56 to $6.51 per share. The company closed a non-brokered private placement raising $4 million from the issuance of 2.5 million units of the company at a price of $1.60 per unit. Each unit consisted of one common sh...Read More

China's ban on Australian mined copper import and a lingering Peruvian mine disruption have gone against its smelting industry's original ambition to produce more copper, Fastmarkets understands.China has been engaged in an escalating trade row with Australia of late, with Chinese copper smelters and traders verbally ordered to avoid buying Australian copper concentrate in early November 2020. The...Read More

The Dow Jones Industrial Average rose 0.6% to finish the week at 30,996.98 and the S&P 500 climbed 0.02% to 3,841.47. Spot gold jumped US$26.90 per oz., or 1.47%, to US$1,855.50 per ounce.Iamgold increased by US18 ? to US$3.46 per share. The company reported total 2020 gold production of 653,000 ounces from its Essakane mine in Burkina Faso, Rosebel in Suriname, and Westwood in Canada. It said it...Read More

KEFI on course with Tulu Kapi financing; looks to expand and upgrade maiden resource at HawiahRead full newsRead More

Israeli mining magnate Beny Steinmetz found guilty of bribing public officials over Simandou.Read full newsRead More

Fate of remaining 10 miners unknownRead full newsRead More

The meteoric rise in equity markets from their March lows has made TSX stocks expensive on the valuation front. Given the stretched valuations and uncertain outlook amid rising COVID-19 cases and slowing down in the economic recovery rate, few industry experts are warning of a vicious pullback. If you are also worried about a market correction, you can strengthen your portfolio by adding the follo...Read More

Tesla (NASDAQ:TSLA) has been one of the most talked-about companies in the last year. Its stock surged by about 740% in 2020. The electric vehicle (EV) maker found a place in the S&P500 in December, as it reported nearly half-a-million cars produced for the year.Tesla’s successBefore last year’s massive rally, Tesla continued to face strong criticism from bears for its execution is...Read More

Cameco (NYSE:CCJ)(TSX:CCO) is one of the world’s largest providers of uranium fuel. The company’s head office is in Saskatoon, Canada. Cameco’s uranium segment is involved in the mining, and sale of uranium concentrate. The company’s fuel services segment engages in the refining, conversion, and fabrication of uranium concentrate. This segment also produces fuel bundles and...Read More

Warren Buffett’s recent portfolio addition of Barrick Gold (TSX:ABX)(NYSE:GOLD) last year took the market by surprise. Indeed, the Oracle of Omaha has not been keen on investing in gold during his ultra-successful multi-decade long investing career.That said, this divergence from his previous investing mantra is worth investigation. I think Warren Buffett could be coming around in...Read More

It's a new day and the United States has new leadership. Needless to say, the new administration has a lot of long nights to look forward to. President Biden's first 100 days will set the tone for the next four years. The decisions he makes will influence a number of industries. This will be especially true for the industries and businesses hit hardest by the pandemic. It won't necessarily mean t...Read More

Here are five Fastmarkets stories you might have missed on Wednesday January 27 that are worth another look.Global crude steel output fell by 0.9% year on year to 1.86 billion tonnes in 2020, with an increase in China unable to offset declines across most other major steelmaking nations, the World Steel Association...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday January 27.Please click...Read More

Nickel briquette premiums in Shanghai and the United States rose in the week to Tuesday January 26, with domestic demand in both regions markedly improving. European premiums remained static, but buying interest was also notably better. Improved arbitrage, demand support Shanghai briquette premiumReduced supply, higher offers bolster US briquettesEuropean sellers look to improving spot market amid...Read More

Here are five Fastmarkets stories you might have missed on Wednesday January 27 that are worth another look.Global crude steel output fell by 0.9% year on year to 1.86 billion tonnes in 2020, with an increase in China unable to offset declines across most other major steelmaking nations, the World Steel Association...Read More