Metals Markets
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IRON ORE: M3 Metals takes a second look at Block 103
Vancouver — M3 Metals has engaged Hatch to update a 2013 preliminary economic assessment (PEA) on its Block 103 iron ore project in the Labrador Trough, Nfld. M3, which changed its name from ML Gold in July to reflect its…
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Commodity prices: Boon or bane of tomorrow’s mines
How likely is a swing in commodity prices to derail an advanced mine project?
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Chromium markets suppressed with ongoing surplus ore supply, says Roskill
The following is an edited release by London-based metals market consultants Roskill. For more information, visit www.Roskill.com. The current price for primary South African chrome ore of around US$170 per tonne (CIF China), places the price at around the 80 percentile…
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US Dept. of Commerce recommends uranium quota: Bloomberg report
Shares of Energy Fuels (TSX: EFR) and Ur-Energy (TSX: URE) moved higher on a report from Bloomberg that the U.S. Department of Commerce is recommending that Washington take measures to protect domestic uranium production. The June 20 article, quoting three anonymous sources briefed on…
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GOLD: Blackrock to grow Silver Cloud project
NEVADA – Blackrock Gold announced that, together with its namesake U.S. subsidiary, it has entered into a purchase agreement for 20 mining claims directly adjacent to its Silver Cloud project in Elko County. Silver Cloud is a 4,537-hectare claim block…
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DIAMONDS: Markets under pressure – Rapaport
NEW YORK CITY – Rapaport published a report stating that diamond markets are under pressure as profit margins have tightened and the trade war with China has fueled uncertainty. The international firm revealed that the RapNet Diamond Index, known as…
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LITHIUM: Nemaska Lithium Provides Whabouchi Project Update
Nemaska Lithium Inc. provided an update on the overall Whabouchi project and disclosed its quarterly financials. “We have made good overall progress during the past months on both the construction at the Whabouchi mine and the detailed engineering at the…
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ETFs: Horizons launches Canada’s first uranium ETF
TORONTO – Horizons ETFs Management (Canada) is pleased to announce the launch of the Horizons Global Uranium Index ETF. Units of the ETF will begin trading today on the Toronto Stock Exchange under the ticker symbol HURA. HURA is the first ETF…
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NICKEL-COBALT: First Quantum signals potential restart of Ravensthorpe mine
VANCOUVER – First Quantum Minerals is investigating the possibility of re-starting its idled Ravensthorpe nickel/cobalt operation in Australia, according to UK-based market research firm Roskill. The Vancouver-based company acquired the Ravensthorpe mine and processing plant from BHP in February 2010, with…
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GOLD: Modified 43-101 Report on the Sleeping Giant Resources
Rouyn-Noranda – The 43-10 report on resources for the Sleeping Giant mine was modified and re-filed today with a certificate by a new qualified person. Here is a list of the modifications made: Item 4 – Environmental obligations to which the site is…
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GOLD: Nexus Gold To Begin Exploration Work at McKenzie Gold Project, Red Lake, Ontario
Vancouver – Nexus Gold Corp. is pleased to report that it has finalized its upcoming exploration plans for its 100%-owned McKenzie Gold Project, situated in Red Lake, Ontario. Over the past two months the Company has been reviewing historic exploration activities on and…
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PROCESSING: Golden Predator Processing Plant Operations Update – 3 Aces Gold Project, Yukon
Vancouver – Golden Predator Mining Corp. is pleased to announce that as of April 19, 2019, the Company’s test processing plant, the first of its kind in Yukon, Canada, recommenced operations and processing of the 2018 3 Aces Project bulk sample following…
