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08/05/2020 Short View – Non ferrous metals

08/05/2020 Short View – Non ferrous metals

COPPER Triangular phase for copper in the last sessions (from 13 July 2020). There are all the elements to witness a new rise in prices beyond area 6500$, with first targets set in area 6800$. ALUMINIUM After months of depressed prices, aluminium is rising sharply,...
Pan American grows La Colorada skarn resource

Pan American grows La Colorada skarn resource

Silver producer Pan American Silver has updated the resource estimate for the La Colorada skarn deposit nearby the company’s wholly owned La Colorada underground mine in Zacatecas state in Mexico. The inferred resource now stands at 100.4 million tonnes, grading 44...
Skeena reach final deal on Eskay Creek project

Skeena reach final deal on Eskay Creek project

Barrick Gold, the world’s second-largest bullion miner, said on Tuesday that Canadian junior Skeena Resources has decided to exercise an option to acquire a 100% interest in the past-producing Eskay Creek property. Discovered in 1988, the Eskay Creek mine in British...

HBIS lines up investment in Peru iron ore mine

HBIS Resources Co Ltd, a unit of China’s second-biggest steelmaker HBIS Group, said on Monday it had signed an initial deal to develop the Pampa de Pongo iron ore mine in Peru alongside current licence-holder Zhongrong Xinda. The two Chinese companies plan to set up a...
Commodity Evolution
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