Glencore could do for cobalt what it did for zinc – double the price

Glencore could do for cobalt what it did for zinc – double the price

The price of cobalt is up 18% over the last two weeks after Glencore announced it is halting operations at its Mutanda copper-cobalt mine in the Congo – until at least 2021. Considering that Mutanda is the world’s largest cobalt mine and...

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LME readies rule that would reveal private metal stockpiles

LME readies rule that would reveal private metal stockpiles

The London Metal Exchange is preparing a new rule designed to reveal the huge stockpiles of metal held in private storage, shining a light on one of the industry’s most opaque areas for the first time. Owners would have to notify the LME if they...

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China June alumina output rises to highest since May 2017 – stats bureau

China June alumina output rises to highest since May 2017 – stats bureau

China’s alumina output rose by 5.4% year-on-year to 6.41 million tonnes in June, its highest in more than two years, according to data released by the National Bureau of Statistics on Tuesday. * Figure is highest monthly total since May 2017...

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Power Ore intersects 0.29% CuEq over 295 m at Opemiska

Power Ore intersects 0.29% CuEq over 295 m at Opemiska

Toronto-based PowerOre has received promising assays from two more drill holes at the Opemiska copper mine complex near Chapais. The location puts the project within Quebec’s Plan Nord. Hole OPM-19-08 returned 0.04% copper, 2.84% zinc, 1.95 g/t...

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Global mined zinc production to ramp up — report

Global mined zinc production to ramp up — report

Global mined zinc production will continue to ramp up as strong zinc prices prompt miners to bring idled capacity back online and invest in new projects, according to a new Fitch Solutions report. The analyst’s outlook for global zinc production...

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China’s metals imports robust despite macro doubts

China’s metals imports robust despite macro doubts

Industrial metal markets are taking a breather as they await tangible evidence that China’s latest stimulus package is feeding through to a flagging manufacturing sector. April’s purchasing managers indices, weaker than expected but...

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Zinc price builds on 2019 rally as stocks reach just 2 days consumption

Zinc price builds on 2019 rally as stocks reach just 2 days consumption

Zinc prices climbed to $2,845 a tonne on Wednesday after data showed LME warehouses now hold little over 58,000 tonnes of the metal; less than two days’ worth of global consumption. Inventories are down 55% this year and are on course to arrive...

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China Jan-Feb refined copper output rises 6.3% year-over-year — stats bureau

China Jan-Feb refined copper output rises 6.3% year-over-year — stats bureau

* China’s refined copper output in January and February rose by 6.3 percent year-on-year to 1.34 million tonnes, the National Bureau of Statistics said on Friday. * Output on a daily basis works out at around 22,712 tonnes, according to...

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Increasing Zinc Prices Leading Exciting for Zinc Explorer – Osisko Metals Incorporate (TSXV:OM) NAI500 PDAC 2019 Coverage

Increasing Zinc Prices Leading Exciting for Zinc Explorer – Osisko Metals Incorporate (TSXV:OM) NAI500 PDAC 2019 Coverage

In this interview at the recent PDAC 2019 Convention in Toronto, NAI500 spoke with Jeff Hussey, CEO of Osisko Metals Incorporate (TSXV:OM) about the company’s flagship, the Pine Point Mining Camp (“PPMC”), located in the Northwest Territories of...

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Resource Investing through a Mineral Property Bank – Globex Mining Enterprises Inc.(TSX:GMX) NAI500 PDAC 2019 Coverage

Resource Investing through a Mineral Property Bank – Globex Mining Enterprises Inc.(TSX:GMX) NAI500 PDAC 2019 Coverage

In this interview at the recent PDAC 2019 Convention in Toronto, NAI500 spoke with Jack Stoch, CEO of Globex Mining Enterprises Inc.(TSX:GMX) about its innovative strategy for incubating mining projects throughout Canada and the US.

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Canadian miners had a tough 2018, but optimism remains

Canadian miners had a tough 2018, but optimism remains

Canadian miners continued going down the slippery slope in the last three months of 2018 due mostly to weak commodity prices, triggered by a slowdown in China’s economy near the end of the year, the latest report by Ernst & Young (EY)...

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