Vale cuts production guidance again
Brazil’s Vale (NYSE: VALE), the world’s top iron ore producer, has once again lowered its production forecast for 2020 due to a mix of factors including heavy rain, unplanned outages…
Nickel
Palladium One lays groundwork for massive sulphide project in Finland
Palladium One Mining (TSXV: PDM) has extended the Kaukua South zone anomaly at its flagship Läntinen Koillismaa (LK) PGE-nickel-copper project in north-central Finland. “Reconnaissance drilling carried out by previous owners…
B of A models 2020 nickel demand
Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes. “Nickel demand has had a…
TSX falls 14%, March 16-20: Kirkland Lake, Teck, Altius Minerals
The S&P/TSX Composite Index plunged 13.59% (1,864.5 points) to finish the March 16-20 trading week at 11,851.80. The S&P/TSX Global Mining Index fell 3.42% to 57.12, while the S&P/TSX Global…
Editorial: Disruption – The new normal
What was surprising about the Prospectors and Developers Association of Canada (PDAC) conference this year was how many people actually showed up, with Covid-19 ripping around the world. According to…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in a row, investment bankers came…
B of A cuts GDP forecast, predicts ‘mini recession’
The economics team at Bank of America has cut its 2020 global growth forecast to 2.8% “while also factoring in a mini recession.” “Logistics and supply chains remain an issue,…
PDAC: Friedland previews ‘Revenge of the Miners’
Renowned mining mogul Robert Friedland took a theatrical approach to introduce his message to PDAC convention attendees in early March. The Star Wars theme song filled the packed conference room…
PDAC: Coronavirus weighs on mining outlook
It’s usually difficult to find a seat at the commodities session on the opening day of the Prospectors and Developers Association of Canada (PDAC) convention held in early March in…
Canada Nickel tables maiden Crawford resource
A day after its shares started trading on the TSX Venture Exchange, Canada Nickel Company (TSXV: CNC) released a maiden resource estimate for the wholly-owned Crawford nickel-cobalt sulphide project near…
Tesla announcement surprises cobalt, nickel bulls
Cobalt bulls were dealt another blow this week after reports that the world’s largest electric carmaker is shifting some production of its most popular model away from batteries that contain…
Garibaldi grows footprint at Nickel Mountain
Most recent intercepts from Garibaldi Resources’ (TSXV: GGI; OTC: GGIFF) 63-sq.-km Nickel Mountain project in the Eskay camp have extended the mineralized limits, connected these zones and suggest potential for…