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Premier Gold Mines considering US spin-out
Premier Gold Mines is currently evaluating asset reorganization options to maximize the value of its property portfolio, which potentially include spinning out to its shareholders the company’s US subsidiary that holds its Nevada assets, the company said on Wednesday....
Albemarle’s quarterly profit drops 45% as lithium sales slow
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, posted a 45% drop in second-quarter profit on Wednesday as sales dropped across all its divisions. The company posted net income of $85.6 million, or 80 cents per share, compared to...
08/05/2020 Short View – Non ferrous metals
COPPER Triangular phase for copper in the last sessions (from 13 July 2020). There are all the elements to witness a new rise in prices beyond area 6500$, with first targets set in area 6800$. ALUMINIUM After months of depressed prices, aluminium is rising sharply,...
Taseko expects key permit for Arizona project this week
Taseko Mines has been informed by the Arizona Department of Environmental Quality (ADEQ) that the draft aquifer protection permit (APP) for the Florence Copper commercial production facility will be issued this week. The APP is one of two key permits required to...