Nickel surplus looms as electric vehicle buzz fades
Nickel bulls may have to defer their great EV expectations for a while yet and focus on what is happening in the currently far more significant stainless steel sector.
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Brixton teams with Friedland company on Hog Heaven project
The stock surged 9.7% following news of the company teaming up with Friedland on its silver-gold-copper project in Montana.
Sandfire delivers Montana copper project FS
Average annual production at Black Butte is estimated at approximately 23,000 tonnes of copper.
Glencore grants $10 million backing to Falco Resources
Glencore has also agreed to buy copper and zinc concentrate produced during the Horne 5 project mine-life, currently estimated at 15 years.
Stronger diamond prices lift Petra Diamonds’ Q1 revenue
Production fell 10% year on year to 974,346 carats due to the ongoing closure of the Williamson mine in Tanzania.
Caterpillar earnings dive as economy woes deter equipment purchases
Reflecting weak equipment demand, Caterpillar now expects dealer inventories to decline by $2.5 billion this year.
Critical copper negotiations point to a tight market
Higher prices should provide an incentive for miners to maximize output next year, potentially alleviating some of the strain on supply, said Freeport VP of Marketing Javier Targhetta.
Nickel’s sizzling rally cools, but not over yet
Metal’s spectacular rally over the last month still has momentum, but as supplies rise and demand dwindles, prices will retreat.
PureGold drills ‘bonanza-grade’ in Red Lake
As the developer prepares its PureGold mine in Ontario for a first gold pour by year-end, the company has reported high-grade intercepts from its 30,000-metre infill and step-out program.
