The amounts drawn on the four-year term revolver are subject to interest at LIBOR plus 1.875%-3% per annum, with the undrawn portion subject to a standby fee of 0.422%-0.Read More
Share this article TORONTO - Minsud Resources Corp. [MSR-TSXV; MDSQF-OTC] reported assay results from the additional seven drill holes completed in the ongoing Phase 3 program over the Chinchillones area, located at the Chita Valley Project, San Juan province, Argentina. Encouraged by the results received, Minsud and its partner, a subsidiary of South32 Limited [SHTLF-OTC; SOUHY-ASX, LSE, Jo'burg...Read More
Check out this recent headline from The Guardian regarding the recently released "Pandora Papers"...Is this actually news?The rich have always played by a different set of rules. That's one of the advantages of being rich.Don't get me wrong. I'm not saying it's right or just, nor am I suggesting that extreme wealth should afford only a small percentage of the world's population free rein to lie, c...Read More
Following Canada's first National Day of Truth and Reconciliation on September 30, I'd like to share my thoughts on residential schools, education, and healing.Over the last few months, as the bodies of hundreds of children have been discovered near residential schools in western Canada and I'm sure more will be discovered as other school lands are surveyed, I have had a number of inquiries from w...Read More
Global primary nickel demand will rise to 2.8 million tonnes this year and to 3 million tonnes next year, up from 2020's 2.4 million tonnes, according to the International Nickel Study Group (INSG).The increase is being driven in part by the acceleration of Covid-19 vaccine rollouts and the continued recovery of economies worldwide.Meanwhile, primary nickel production is forecast to hit 2.6 millio...Read More
Industrial pump maker Weir Group (LSE: WEIR) is reeling following a sophisticated cyberattack in the second half of September that forced it to isolate and shut down its core IT systems, including enterprise resource planning and engineering applications.The result is several ongoing but temporary disruptions, including engineering, manufacturing and shipment rephasing, which has resulted in reven...Read More
Canadian miners minimized disruption at the start of the Covid-19 pandemic by acting quickly and decisively, leaving many in a good position to benefit from rising commodities prices, particularly gold, copper and iron ore, according to a new PwC report.Over the past 18 months, companies streamlined communications, adjusted on-site work schedules to limit potential exposure, introduced new protect...Read More
Dor?(C) Copper Mining (TSXV: DCMC; US-OTC: DRCMF) has doubled resources at its flagship Corner Bay copper-gold project, about 55 km from Chibougamau in Quebec, as it works toward a preliminary economic assessment to be completed in January 2022.The latest figures indicate a total tonnage increase of 140% and a contained copper metal increase of 107%. The previous estimate was completed in 2019.The...Read More
Following Canada's first National Day of Truth and Reconciliation on September 30, I'd like to share my thoughts on residential schools, education, and healing.Over the last few months, as the bodies of hundreds of children have been discovered near residential schools in western Canada and I'm sure more will be discovered as other school lands are surveyed, I have had a number of inquiries from w...Read More
Mako Gold Limited (Read full newsRead More
Cross River Ventures Corp. is pleased to update shareholders on tRead full newsRead More
Bam Bam Resources Corp. is pleased to announce that the 2021 ReveRead full newsRead More
BMO Capital Markets commodities analyst Colin Hamilton said September 17 that 2021 was "likely to be the second-largest year in history for absolute demand growth".Read More
Share this article VANCOUVER - Wedgemount Resources Corp. [WDGY-CSE] reported assay results from its Phase 1 exploration program on the 29,000-hectare Cookie copper-gold property located in the prolific southern Toodoggone copper belt of north-central British Columbia.Up to 14.8% copper and 88 g/t silver was sampled in mineralized veins in the Overstall zone located in the northwest portion of th...Read More
Canada Nickel (TSXV: CNC; US-OTC: CNIKF) has released the results of testing done on samples from its 100%-owned flagship Crawford nickel-cobalt sulphide project in Ontario, about 40 km north of Timmins.The company says that metallurgical improvements at the project will deliver increased recoveries of nickel, iron and cobalt, as well as enhanced magnetite concentrate quality. These are improvemen...Read More
Western Copper and Gold (TSX: WRN; NYSE: WRN) completed its 2021 exploration and drilling program and is moving forward with the feasibility study at its 100%-owned Casino copper-gold project in the Yukon, 300 km northwest of Whitehorse.Western Copper, through its Casino Mining subsidiary, has been conducting baseline environmental and geotechnical as well as social and economic studies since 2008...Read More
Mining magnate Robert Friedland is looking to make another potentially massive base metals discovery about 80 kilometres south of his famous Voisey's Bay find from 1993.His privately held US-based firm Ivanhoe Electric Inc. (IVNE) has put up funding to conduct a low-temperature superconducting quantum interference device (SQUID) moving loop transient electromagnetic survey on the South Voisey's Ba...Read More
The 2021 United Nations Climate Change Conference of the Parties, also known as COP26, will be held in Glasgow between October 31 and November 12, and the mining industry could learn from a famous military speech that was delivered by an Englishman ahead of perhaps the single most important battle of World War II.Soldiers have always known that it easier to defend than attack, and in medieval comb...Read More
Australia's Evolution Mining (ASX: EVN) is selling its Mt. Carlton gold mine in Queensland to Navarre Minerals (ASX: NML) in a deal worth up to A$90 million (US$65 million).The gold mine, 150 km south of Townsville, was Evolution's first development project, and was commissioned in 2013. Since then it has generated an average return of 19% a year, the company says.The mine represents about 1.5% of...Read More
Gold Resource (NYSE-AM: GORO) has inked a deal to acquire Aquila Resources (TSX: AQA) in a US$30.9 million transaction that will create a mid-size North American precious and base metals producer. The Colorado-based miner is buying all of Aquila's shares for 0.0399 of a GORO share per Aquila share. The exchange ratio represents a consideration of US$0.09 per Aquila share or US$30.9 million, refle...Read More