ELKO, Nev., Jan. 28, 2021 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) today announced that it has entered into a securities purchase agreement with certain institutional and accredited investors, providing for the purchase and sale of 914,136 shares of common stock at a price of $10.54 per share in a registered direct offering, resulting in to...Read More

Lead and nickel led the declines on the London Metal Exchange on January 28 morning, while most metals in the complex dropped around 1% of their futures prices due to the pressure from a rising dollar index and strained stock markets. LME nickel's three-month price dropped by 1.6%  to $17,635 per tonne on Thursday morning, its lowest since the start of the year.The metal entered its fifth day...Read More

China's domestic rebar prices stopped rising on Thursday January 28 due to weakening end-user demand.DomesticEastern China (Shanghai): 4,280-4,310 yuan ($663-667) per tonne, unchangedThe spot market failed to sustain the upward momentum from Tuesday, with construction sites gradually suspending work since last week to allow workers to return to their home towns for the Chinese New Year.The declini...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were for the most part weaker this morning, Thursday January 28, after market sentiment across the board has turned more cautious. Asian-Pacific equities and major western pre-market equity index futures were weaker this morningUS Dollar Index firmed on Wednesday while equities sold-offBase metals There were more fallers...Read More

China's Dalian Commodity Exchange (DCE) is adding more iron ore brands for physical delivery and has adjusted the premiums and discounts for several existing products, to take effect for contracts beginning on February 2022, it said on Wednesday January 27.The exchange added Bengang concentrate, a domestic product produced by Benxi Iron & Steel Group, to its physical delivery list. This brand carr...Read More

The Cobalt standard grade, in-whs Rotterdam, $/lb trade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt standard grade, in-whs...Read More

The Cobalt alloy grade, in-whs Rotterdam, $/lbtrade log including business, bids and offers reported to Fastmarkets.Fastmarkets publishes trades logs for its key price assessments and indices to bring more transparencyinto the markets it covers and the pricing process it applies.Fastmarkets assessed Cobalt alloy grade,...Read More

Key data from Fastmarkets' Thursday January 28 pricing session in London.Key drivers Inter-trade transactions pushed cobalt prices upward, while some producers were reporting that they were sold out for some months, having committed any spare volumes in recently...Read More

Key data from the pricing session in London on Wednesday January 27. Key drivers  The midweek correction downward follows a sharp increase this month because buyers have started to refuse to accept increasingly higher offers.  Active spot trading as widened the range.  The European market had moved more than 30% since the...Read More

Key data from Fastmarkets' pricing session in Europe on Wednesday January 27.Key drivers Indium found significant support with higher offers - close to $200 per tonne - heard globally while a robust futures market sustained the uptrend and sparked traders' interest. The price has now reached its highest since April 2019. Some producers were reportedly sold out, with producers in Japan and Canada&n...Read More

The European titanium scrap market, which was steady in the week to Wednesday January 27, looks set to resume its price rally that started in September 2020 in the near term, market sources told Fastmarkets. Fastmarkets' titanium scrap turnings, unprocessed type 90/6/4, 0.5% Sn max, cif Europe price stood at $1.60-1.75 per lb in the latest assessment on Wednesday, while titanium scrap tu...Read More

China's domestic stainless steel market continued to strengthen over the past week on tight supply and high prices for raw materials.DomesticStainless steel cold-rolled coil 2mm grade 304 domestic (Wuxi): 15,100-15,900 yuan ($2,332-2,456) per tonne, up by 200 yuan per tonne from a week earlier. A shortage of stainless hot-rolled coil - the upstream product for stainless CRC - sent prices for the f...Read More

Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesOceanaGold marks three decades of gold standard mining SPONSOREDoceanagoldSector investment conditions have improved dramatically since the end of March 2020, consistent with the v-shaped turna...Read More

Rupert Resources (TSXV: RUP) reported new results from its 60,000 metre drill program in Finland and noted that the latest holes have increased the maximum intersected vertical depth at its Ikkari prospect to 480 metres from 75 metres in the east and to 320 metres from 100 metres in the west.Ikkari makes up part of the junior explorer's flagship Pahtavaara project in Finland's Central Lapland Gree...Read More

Adriatic Metals (LSE: ADT1; ASX: ADT) has received an exploitation permit for its Veovaca project near Vares in Bosnia-Herzegovina, 50 km north of the capital, Sarajevo. The permit, issued by the Federal Ministry for Energy, Mining and Industry, initiates the project's formal exploitation period, valid for 30 years. "This is a major permitting achievement that has been realised through close co...Read More

With gold prices hitting record highs over the past year, the question becomes whether the world can produce enough of the precious metal to keep pace with its rising demand.To give a better picture of the size and potential of the world's gold supply, MINING.com and sister company MiningIntelligence collaborated to provide a ranking of the largest undeveloped gold deposits around the globe that...Read More

Aggreko, the world's leader in mobile, modular power, has committed to net zero emissions by 2050 and is partnering with the world's biggest miners to use greener energy like solar, wind and natural gas.The company has vowed to invest A$450 million to A$600 million (US$346 million to US$500 million) each year to support its energy transition, including big spends in what it sees as a major growth...Read More

Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) is seeking an interim order in its arbitration against Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) in response to some of the top miner's actions that would limit Turquoise's funding options for the vast Oyu Tolgoi copper-gold-silver mine in Mongolia.Tensions between Rio Tinto and Turquoise Hill's management and minority shareholders have grabbed headli...Read More

The United States sold more copper scrap to China for the first 11 months of 2020, compared with the year before, despite a punitive tariff imposed from Beijing drastically disrupting the scrap trade flow since 2018.US copper scrap exports to China amounted to 102,145 tonnes from January-November 2020, up 20% year on year, the Institute of Scrap Recycling Industries (ISRI) said on January 26. This...Read More

The #silvershortsqueeze is on!We woke up this morning to see that #FirstMajestic #Silver was getting short squeezed.Now there's a spike in the #silverprice t...Read full newsRead More