Iron ore price in full retreat as Chinese steel starts to pile up
Chinese steel mill capacity utilisation falls for five straight weeks and inventories are piling up, new data show.
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Wesdome to sell Moss Lake to Goldshore Resources for C$57m
Goldshore to acquire the 143-sq.-km gold project, 100 km west of Thunder Bay, Ontario, for total consideration estimated at C$57 million.
Eloro stock surges on high-grade drill results from Bolivia
Shares of Eloro Resources jumped to an all-time high on Tuesday.
Robotics pioneer Exyn expands north with Sudbury office
The Canadian expansion includes plans for more real mine environment testing.
Ascot reports high gold, silver grades from Woodbine at Premier
The drill highlights include 1.7 metres of 29.6 g/t gold and 32.7 g/t silver.
Diamond trade is roaring back thanks to stuck-at-home shoppers
The boom is being driven by bumper holiday jewelry sales, particularly in the vital US and Chinese markets.
First Quantum reports record copper output
Company achieved its highest ever annual copper production of 779kt in 2020, an 11% increase from 2019.
Gold price dips ahead of US policy decision
Gold prices fell despite US 10-year Treasury yields hitting a three-week low.
Will Biden’s executive blitzkrieg defeat gold?
The new President’s actions shouldn’t materially affect the gold market.