Trade tensions and ESG policies top issues for miners, survey says
Global law firm White & Case has released the results of its fourth annual survey on mining and metals, identifying trade and ESG issues as the industry’s top concerns for…
Fast News
EV sales to hit 37 million by 2024, ARK says
New York-based ARK Investment Management forecasts sales of electric vehicles will reach 37 million units in 2024. ARK, which focuses on disruptive technologies, said EV sales in 2019 hit about…
First Cobalt upgrades Iron Creek resource
First Cobalt (TSX: FCC; US-OTC: FTSSF) has released an updated resource for its 7-sq.-km Iron Creek project in Idaho, with 2.2 million tonnes at 0.32% cobalt-equivalent in the indicated category…
Wesdome guides for up to 100,000 oz. gold in 2020
Wesdome Gold Mines (TSX: WDO) has issued production guidance of 90,000 oz. to 100,000 oz. gold for 2020. Last year’s production of 91,688 oz. was in line with prior guidance…
Iron price gains as Chinese imports surpass 1 billion tonnes
Benchmark iron ore prices climbed on Tuesday after trade data showed Chinese imports of the steelmaking raw material topped 1 billion tonnes for the third year in a row as…
Fruta del Norte ramp up on track, says Lundin Gold
Lundin Gold (TSX: LUG) has reported that the ramp up of its Fruta del Norte gold mine and plant is on schedule and within budget. The mine – Ecuador’s first…
Orezone Gold launches $20M bought deal
Burkina Faso-focused developer Orezone Gold (TSXV: ORE) has announced a $20 million bought deal co-led by Canaccord Genuity and PI Financial. The underwriters will purchase a total of 37.1 million…
Gold price scales US$1,600 after Iran attacks US military base
Gold futures jumped after reports of rocket attacks on a U.S. military base in Iraq, hitting fresh six year highs. Gold for delivery in February touched US$1,613.30 per oz., up…
Newmont ‘refreshes brand’, raises dividend 79%
Newmont (TSX: NGT; NYSE: NEM) kicked off the second week of January with an announcement that it is dropping Goldcorp from its name and is also raising its quarterly dividend…
Ascot Resources drills more high grades at Silver Coin in BC
The latest results from the Silver Coin deposit at Ascot Resources’ (TSX: AOT) Premier gold project continue to show high-grade mineralization at this zone. Drill highlights include 7 metres of…
China’s JCHX takes stake in Cordoba Minerals
Cordoba Minerals (TSXV: CDB) says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is…
Nevada Copper ships first copper concentrate from Pumpkin Hollow in Nevada
The first copper concentrate has been shipped from Nevada Copper’s (TSX: NCU) Pumpkin Hollow project in Nevada to the company’s offtake partner Concord Resources. Production at the Pumpkin Hollow processing…