Chinese stainless steel producer Delong Nickel Industry plans to increase its stainless crude steel capacity by 6 million tonnes per year by the end of 2021, local media reported on Wednesday December 17. The expansion will bring the company's capacity to over 8 million tpy. Location: Liyang city,...Read More
China's stainless steel prices increased sharply in both the domestic and export markets over the week ended Wednesday December 17 on nickel gains, but the increases led buyers to scale down their procurement rates.The three-month nickel contract on the London Metal Exchange ended Wednesday's official session at $17,429 per tonne, up by $910 per tonne from $16,519 per tonne a week earlier.Domestic...Read More
The European ferro-titanium price has jumped to a peak last seen in January 2013, with strong demand from consumers for prompt deliveries and into February combining with a shortage of scrap to push the markets higher. Fastmarkets assessed the price for ferro-titanium 70% Ti, max 4.5% Al, ddp Europe at $7.00-7.50 per kg on Wednesday December 16, an increase of more than 11% from $6.25-6.75 pe...Read More
Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldOver the year to June, advanced country GDP plummeted 12%. Aside from a near 5% fall dur...Read More
The European Commission has calculated preliminary anti-dumping duties for Turkish hot-rolled coil at 4.80-7.60%, it said in a letter sent to interested parties, market sources told Fastmarkets on Thursday December 17. Provisional measures in the case, if any, will be imposed by January 14 next year, and the calculated duties can be changed at any time up to this deadline. Definitive duties are sc...Read More
The year 2020 showed how resilient steel mills are and how important it is to diversify products, the chief executive officers of three major steel producers in the Gulf Co-operation Council (GCC) countries said during the keynote CEO panel of Fastmarkets' Middle East Iron & Steel virtual conference on Tuesday December 15. CEOs on the panel Ravi Singh of Bahrain's structural steel producer Su...Read More
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) will in January submit its request for an appeal of the U.S. Army Corps of Engineers' (USACE's) negative record of decision (RoD) for its Alaska's Pebble copper-gold-molybdenum-silver project.The company said it would argue that the USACE's mitigation requirements for Pebble were contrary to policy and precedent in Alaska and that the agency's reject...Read More
Quebec-based Cartier Resources (TSXV: ECR) has released an initial underground resource estimate for the Pusticamica deposit at its road-accessible Benoist property, 65 km northeast of Lebel-sur-Quevillon.The gold-copper-silver deposit is host to 1.5 million indicated tonnes at 2.57 grams gold per tonne, 0.19% copper and 8.37 grams silver per tonne (2.87 grams gold-equivalent per tonne), for a tot...Read More
Pretium Resources' (TSX: PVG; NYSE: PVG) 25,350-metre 2020 exploration program has led to the discovery of a new zone of epithermal-style gold mineralization, the Hanging Glacier zone.The gold producer has released the results of its 2020 grassroots exploration program completed within the 1,200-sq.-km land package around the Brucejack underground mine.The Hanging Glacier zone is made up of two ar...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has named finance head Jakob Stausholm as its next chief executive, replacing incumbent Jean-S?(C)bastien Jacques who had to step down following an international outcry over the miner's destruction of sacred Aboriginal rock shelters.Stausholm, a Danish national who joined the company in 2018 from shipping company AP Moller-Maersk, will be tasked with rebui...Read More
John Horgan's NDP government predicted B.C.'s deficit would grow to $13.6 billion this fiscal year, but also forecasted the economy would see a quicker recovery from COVID-19 than other provinces. BNN Bloomberg's Tara Weber digs into the numbers.Read full newsRead More
Investments in oil and gas offshore Norway are set to decline by 4.2 percent next year compared to 2020, a smaller drop than what the industry feared in early 2020Read full newsRead More
Gold may be a lucrative opportunity, but it's not the only metal that investors should consider.Read full newsRead More
Where is all the gold in South Australia?Read full newsRead More
Toronto, ON TheNewswire - December 17, 2020 - Junior Mining NetwoRead full newsRead More
Novo Resources Corp. is pleased to provide an operational updateRead full newsRead More
FenixOro Gold Corp is pleased to announce additional high grade iRead full newsRead More
Carlyle Commodities Corp. is pleased to announce that it has enteRead full newsRead More
NV Gold Corporation is pleased to announce that drilling is now uRead full newsRead More
A.I.S. Resources Limited announces that Derek Reeves, senior geopRead full newsRead More