Share this article VANCOUVER - Valore Metals Corp. [VO-TSXV; KVLQF-OTC] provided an update on 2021 drilling from the Santo Amaro target at the 100%-owned Pedra Branca platinum group element project in northeastern Brazil."Two thousand twenty-one drilling at Santo Amaro has greatly advanced the interpreted geological model for the resource-associated ultramafic package, allowing for more targeted...Read More
Share this article VANCOUVER - Erdene Resource Development Corp. [ERD-TSX; ERDCF-OTC; Mongolia] reported assay results from four holes in the South Ulaan gold discovery expansion drill program in Mongolia. Today's results confirm thick sequences of high-grade gold mineralization continue west of the initial discovery.Drilling expands mineralization at South Ulaan to the west, with multiple thick...Read More
Most investors only dream about a day like May 6, 2020.For a small group of biotech investors, it was the single most profitable day of their lives. You see, a few months prior to that date, a small company by the name of MacroGenics had submitted its Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA). This wasn't some off-the-shelf generic aspirin, mind you. The...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has sweetened its all-cash bid for Noront Resources (TSXV: NOT).The world's largest miner is now offering $419.3 million (US$339.10 million) or 75 ? per share for the Canadian company, representing a 36% premium to its previous offer and a 7% premium to rival Wyloo Metals' offer."Noront supports BHP's improved offer and recommends shareholders tender now to rece...Read More
Shares of Bear Creek Mining (TSXV: BCM; US-OTC: BCEKF) surged on news that Peru's new president, Pedro Castillo, and representatives of local communities, support the Corani silver-lead-zinc project.During a meeting at the presidential palace on Oct. 15, representatives from towns and villages in the Corani district "formally and unequivocally expressed their support for Bear Creek Mining's develo...Read More
Maritime Resources (TSXV: MAE) is drilling bonanza grades at its Hammerdown gold project in the Baie Verte region of Newfoundland. The project covers both the Hammerdown and Orion gold deposits.Highlights from the Orion deposit included hole BB-21-179, which returned 3 metres grading 20.1 grams gold per tonne starting 246 metres downhole, including 0.3 metre of 159.5 grams gold per tonne; and 4....Read More
Frontier Lithium (TSXV: FL; US-OTC: LITOF) has produced battery-quality lithium hydroxide monohydrate from the PAK deposit, part of the PAK lithium project in northwestern Ontario, 175 km north of Red Lake near the Manitoba border. The lithium salts were produced using a third-party's process technology from a purified lithium hydroxide solution at the company's mini-pilot plant, Frontier Lithi...Read More
Hochschild Mining (LSE: HOC; US-OTC: HCHDF) is spinning off its Chilean rare earth subsidiary Aclara Resources and plans to list it on the Toronto Stock Exchange. It will retain a 20% ownership in the new company.The company said the move, expected to happen by year-end, would allow Aclara to access the capital needed to become a supplier to the clean energy industry. The new rare earth company...Read More
You go to YouTube and click on a video. A new page loads and one of those unskippable ads plays.The ad is a clamor of flashy animations and thundering pop music featuring Ariana Grande, who wants to tell you about an incredible new cryptocurrency she just learned about.Are you interested in owning that cryptocurrency yourself?I'll give you a moment to think.The only thing you know about this crypt...Read More
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TRU Precious Metals Corp. reports an approximately 5,000m diamond drill program is underway at its flagship Golden Rose Project, Central Newfoundland Gold Belt.Read full newsRead More
LME is a physically settled exchange and Marex's Al Munro said regardless of any demand concerns around power distribution curbs on downstream sectors, "in the here and now production declines have a greater effect"."LME on warrant stocks might have built 7kt this morning but that follows Friday's drop to levels not seen since 1974," he said yesterday.Cash copper diverged more than $1,000/t from f...Read More
Vale, one of the world's biggest nickel producers, believes the renewed order to suspend the operation is "unfounded".Brazil's environmental regulator had suspended Onca Puma's operating licence earlier this month due to alleged non-compliance but Vale was able to restart the mine within a week after a court reinstated the licence.However yesterday, Vale said the Judge of the Court of Justice of t...Read More
For despite Base operationally doing well, paying big dividends and it being, as one analyst put it during a question on a Base conference call today, "a pretty amazing mineral sands market at theRead More
"Northwestern Ontario is home to a dynamic, vibrant tourism sector that attracts tourists from across Canada and the United States," said Greg Rickford, Minister of Northern Development, Mines, Natural Resources and Forestry. "However, to keep our sports tourism sector competitive, it's critical that we continue to support local businesses and communities. Today's investment directly contributes t...Read More
Share this article VANCOUVER - Cornerstone Capital Resources Inc. [CGP-TSXV; CTNXF-OTC; GWN-Berlin, FSE] provided an independently verified update regarding a mineral resource estimate (MRE) for its Tandayama-America (TAM) porphyry copper-gold deposit located 3 km north of the Alpala deposit at its Cascabel copper-gold porphyry joint venture project in northern Ecuador in which Cornerstone has a...Read More
Share this article TORONTO - Maritime Resources Corp. [MAE-TSXV] reported drill results and an update from its continuing 40,000-metre exploration program. The results reported are from drilling at the Hammerdown gold project in the Baie Verte mining district of Newfoundland and Labrador, which includes the Hammerdown and Orion gold deposits.Exploration activities are continuing with two diamond...Read More
"Skate to where the puck is going to be, not where it has been."- Wayne GretzkyIn May 2016, I recommended that my Bull and Bust Report readers buy Bitcoin:By the end of 2014, no one was interested in Bitcoin. All the sellers were out. It was yesterday's news. And starting late last year and coinciding with the Fed December rate hike, Bitcoin more than doubled in price to $458, where it is today. A...Read More
FPX Nickel (TSXV: FPX) says it has made a significant new nickel discovery with the first two holes it drilled at the Van target at its Decar project, 90 km northwest of Fort St. James in British Columbia.Drilling intersected some of the highest grade, near-surface nickel mineralization ever drilled at the Decar project, the company says.The first hole intersected 101 metres grading 0.21% total ni...Read More
This week's episode features NORCAT CEO Don Duval in conversation with Canadian Mining Journal editor-in-chief Alisha Hiyate. Don stressed the importance of mining companies having a strategy to acquire new technology and why it should probably be outsourced. He also discussed workplace trends and how employees are demanding more freedom after the coronavirus pandemic, and why mining companies wil...Read More