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Play Video Gold steadied on Friday (June 7), but was still on track for its highest week since March 2018 as global growth concerns sent investors to seek out the safe haven nature of the precious meta...
Play Video While a handful of base metals ended their week of trading on a downward note, commodities lead and zinc found themselves on the rise. Lead was the only base metal to stay on a consistently positiv...
Welcome to the May 2019 cobalt miner news. The past month saw cobalt prices flatline, and steady progress from the cobalt miners. Cobalt price news As of May 21, the cobalt spot price was US$15.76 /lb, down slightly from US16.10/lb last month. The LME cobalt price is US$34,000 /tonne....
While most base metals peaked on Tuesday (May 21), they also found themselves sliding downward by the mid-week mark to hit their weekly lows on Thursday (May 23). Although zinc grew to US$2,722 per tonne by Tuesday on the London Metal Exchange (LME), it would plunge down to US$2,667 by T...
As it continues to build its nickel restart strategy in Western Australia’s Kambalda district, Mincor Resources (ASX: MCR ,OTC Pink:MCRZF) has entered a binding agreement to acquire Independence Group’s (ASX: IGO ) Long Nickel operation. According to Mincor, the mine has been w...
Even with good intentions and a seemingly concrete plan of action, market shifts and commodity crashes can lead a mine to close. While many mines manage to be successful, profitable operations for everyone involved, others don’t always pan out as planned. Factors ranging from a compan...
Despite the market week being shortened by holidays around the world, most base metals trended downwards, and zinc managed to be the underdog. Facing an especially tough week on the London Metal Exchange (LME) was nickel , which continued the downward slope it’s been on since ...
A resource update from Mincor Resources’ (ASX: MCR ,OTC Pink:MCRZF) Cassini nickel sulfide deposit has seen the Western Australian asset grow by 52 percent, or 9,800 tonnes of nickel. On Tuesday (April 23), the company announced that a successful diamond drilling strategy, which too...
Welcome to the April 2019 cobalt miner news. The past month saw cobalt prices recover and move about 10% higher. Despite this the cobalt miners remain subdued due to the generally weak cobalt pricing environment. Cobalt price news As of April 18, the cobalt spot price was US$ 16.10 , ...
Welcome to the March 2019 cobalt miner news. The past month saw cobalt prices slightly lower with some signs of stabilizing as supply cuts from DRC and Namibia start to kick in. Strong electric car sales and NMC cathode growth in China are boosting demand. Meanwhile, low cobalt prices are caus...
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With the beginning of summer came skyrocketing nickel prices, which found themselves making major leaps and bounds in the sun. The base metal ’s price point managed to surpass most analysts’ expectations, raising interest about what was kindling the hot commodity. From propose...
After spending most of the summer on a major high, iron ore prices fell below the US$100 per tonne mark this week. While most base metals faced a bumpy week, iron ore hit a major snag in the last 10 days. Closing at US$120.02 per tonne on July 31, the metal would reach lows of US$96.56 b...
As the electric vehicle (EV) industry continues to boom, nickel prices have recently been soaring. With the commodity continuing to grow, companies and countries alike have been eager to jump on the production bandwagon. Having said that, it’s worth keeping in mind which countries h...