Dalian iron ore rises as supply crunch concerns persist

Dalian iron ore rises as supply crunch concerns persist

China’s iron ore futures extended gains on Friday after touching a record high in the previous session, as concerns persisted over tight supply amid declining shipment from Rio Tinto and expectations of strong demand. Mining giant Rio Tinto on...

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Chile’s Codelco has already lost $17.5 million on Chuquicamata strike

Chile’s Codelco has already lost $17.5 million on Chuquicamata strike

Chile’s Codelco, the world’s largest copper producer, has already lost $17.5 million due to an ongoing strike at its Chuquicamata copper mine, its largest operation, as the labour action enters week two. About 3,200 unionized workers in Chile...

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Ero Copper intersects highest grade to date at Vermelhos; stock jumps 7%

Ero Copper intersects highest grade to date at Vermelhos; stock jumps 7%

Ero Copper Corp (TSX: ERO) announced today it has drilled the highest grade-metre intercept so far at the Vermelhos underground mine in Bahia state, Brazil, intersecting 28.1 meters grading 12.60% copper. Ero Copper’s share price increased by...

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IAMGOLD stock sees biggest jump in 4 years on rumors of Chinese bid

IAMGOLD stock sees biggest jump in 4 years on rumors of Chinese bid

Shares of IAMGOLD Corp. (TSX: IMG) surged over 9% on Thursday — its biggest jump in four years — amid whispers of a possible bid from China. The nation’s second-biggest gold mining company, China National Gold Group Corp., is said to be...

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The biggest winner from a rise in precious metals

The biggest winner from a rise in precious metals

The world’s best-performing precious-metals stock is up almost 90% this year, and there are signs the rally could run even further. Impala Platinum Holdings Ltd. has outpaced 87 global peers with a market value of at least $1 billion in 2019...

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Liberty Gold stock hits 52-week high on new drill results

Liberty Gold stock hits 52-week high on new drill results

Liberty Gold Corp. (TSX: LGD) announced today that it has intersected thick intervals of high-grade gold mineralization at its Black Pine project in Idaho. Highlights of the latest drill results include: 1.78 g/t Au over 47.2 m, 1.51 g/t Au over...

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China News Weekly 115 – China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

China News Weekly 115 – China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

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Copper price surges as supply worries return

Copper price surges as supply worries return

The price of copper surged on Tuesday after a strike at one of the largest copper mines in the world and optimism about a ceasefire in the trade war between the world’s two largest economies. In afternoon trading in New York, copper for delivery...

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Jaguar Mining raises $25m; stock up over 40%

Jaguar Mining raises $25m; stock up over 40%

Jaguar Mining Inc. (TSX: JAG) today announced a $25 million private placement offering through the issuance of common shares at a discount of C$0.085 (the closing price of JAG shares on June 17 was C$0.12). The company’s two largest shareholders...

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US military firms likely to face China rare earth restrictions – Global Times

US military firms likely to face China rare earth restrictions – Global Times

Military equipment firms in the United States will likely have their supply of Chinese rare earths restricted, the Global Times said on Monday, after China’s state economic planner confirmed industry experts have proposed export controls. China...

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Newmont Goldcorp resumes operations at Peñasquito gold mine in Mexico

Newmont Goldcorp resumes operations at Peñasquito gold mine in Mexico

Newmont Goldcorp Corp (NYSE: NEM) (TSX: NGT) has resumed shipping concentrate from its Peñasquito gold mine in Mexico following the lifting of an illegal blockade by a trucking contractor and some members of the Cedros community. Access to the...

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