Metals Commentary: 5G technology should boost demand for gallium, cobalt
During the World Radiocommunication Conference (WRC) in Egypt in November, thousands of delegates from more than 100 countries adopted a treaty that moves the world…
News
Rare earth miner Lynas picks Kalgoorlie for processing plant
Australian rare earths miner Lynas (ASX: LYC) has selected the city of Kalgoorlie to build its new cracking and leaching plant to extract low-level radioactivity…
Cleveland-Cliffs to acquire AK Steel in US$1.1B all-share deal
US iron ore producer Cleveland-Cliffs (NYSE: CLF) is acquiring AK Steel (NYSE: AKS) in an all-share transaction valued at US$1.1 billion. Cliffs, North America’s largest…
Metals Commentary: Electric car sales are tanking, but metal use spikes
The global auto industry will produce 88.8 million cars and light trucks this year in an almost 6% drop from a year ago, according to…
Commentary: The gold party has only just begun
The year 2019 has been good for gold. In many currencies gold recorded all-time highs (i.e. euro, Canadian dollar and Australian dollar), with the exception…
Centamin rebuffs US$1.9B bid from Endeavour Mining
Egypt-focused gold miner Centamin (TSX: CEE; LON: CEY) has rejected a US$1.9-billion all-stock takeover bid from Canada’s Endeavour Mining (TSX: EDV) announced earlier on Tuesday,…
The Northern Miner Podcast – episode 163: Lithium supply faces ‘huge bottleneck’, ft Castilloux, Bourassa, Miller, Mell
This episode features the Battery Metals panel at The Northern Miner’s 2019 Progressive Mine Forum in Toronto. The event took place on Oct. 16 at…
Velocity Minerals eyes ‘hub and spoke’ production in Bulgaria
Aspiring precious metals developer Velocity Minerals (TSXV: VLC) recently tabled engineering study results and the latest drill assays from its 70%-owned Rozino gold deposit in…
Zijin Mining to acquire Continental Gold for $1.4B in cash
In the latest megadeal sweeping the gold sector, Zijin Mining Group is buying Continental Gold (TSX: CNL; US-OTC: CGOOF) for $1.4 billion in cash. The…
SilverCrest discovers another high-grade zone at Las Chispas
SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) has found a high-grade zone outside the resource area at its Las Chispas project in Sonora, Mexico, 220 km northeast…
Awalé finds high-grade gold at Odienné in Côte d’Ivoire
Vancouver-based Awalé Resources (TSXV: ARIC) has intercepted near-surface, high-grade gold at its Empire prospect, part of its 90%-owned Odienné project in northwestern Côte d’Ivoire, close…
Protests in Chile drive government to propose new constitution
In a bid to end weeks of anti-government protests and riots that have left at least 26 people dead and 13,500 injured, Chile’s political parties…