De Beers, the world's largest diamond producer by value, revealed today that it made about three times as many sales of roughs in the seventh sales cycle of the year as it did in the previous event.The Anglo American unit, which sells diamonds to a handpicked group of about 80 buyers ten times a year at events called sights, sold US$320 million worth of rough diamonds in the seventh cycle. That co...Read More
Rio Tinto (NYSE: RIO; LSE: RIO) CEO Jean-S?(C)bastien Jacques will step down by the end of March next year over a mounting backlash against the company's decision to destroy ancient Aboriginal heritage sites in Western Australia.The world's second-largest miner said two other senior executives - iron ore boss Chris Salisbury and corporate affairs head Simone Niven, who had responsibility for Indig...Read More
"Where are you going to find experienced lithium miners? That's like finding unicorns," laughs James Brown, the managing director of Western Australian resources firm Altura Mining. Brown is the next best thing. Hailing from a family five generations deep in coal mining, the burly Queenslander never imagined he'd be applying his expertise to digging out a key building block of a low-carbon economy...Read More
"Where are you going to find experienced lithium miners? That's like finding unicorns," laughs James Brown, the managing director of Western Australian resources firm Altura Mining. Brown is the next best thing. Hailing from a family five generations deep in coal mining, the burly Queenslander never imagined he'd be applying his expertise to digging out a key building block of a low-carbon economy...Read More
Daily Chart of GOLD with 40-Day Moving AverageRead full newsRead More
Stock markets turned volatile recently, as the tech sector exhibited surprising weakness. TSX stocks at large took a breather from their upward march and lost approximately 4% since last week. Interestingly, this interim weakness should be seen as an opportunity for long-term investors.Let’s discuss two Canadian bigwigs that offer solid growth prospects despite the recent selloff.Barrick Gol...Read More
Welborn now holds 4.2 million shares, with a further 4.6 million shares vesting at various periods between now and mid-2023 depending on performance hurdles being met.Read More
"Whilst the market has been defibrillated, we think it will remain in intensive care for some time, although any improvement is good news for the smaller pure play producers with weak balance sheets," said BMO analyst Edward Sterck.Having suspended its third, fourth and fifth sightholder sales in March due to COVID-related disruptions, De Beers' sixth and seventh sales cycles yielded revenues of U...Read More
Jacques will step down from his role as an executive director and CEO of Rio, but will remain in the role until the appointment of his successor or March 31, 2021, whichever is earlier.Read More
Share this article CARDSTON - American Creek Resources Ltd. (TSXV: AMK) has reported that it has now completed a 450 line km high-resolution magnetic survey in combination with a LIDAR survey at the company's 100% owned Dunwell Mine gold and silver property located in the Golden Triangle of British Columbia.Genesis Aviation Inc. completed the High-Resolution Gradient Magnetometer survey in conjun...Read More
Share this articleSHERBROOKE - Canada's mining and minerals industry is important to communities across the country. Developing this industry in more responsible ways reduces environmental impacts and creates jobs. This will be more important than ever as we reopen the economy and plan our recovery from the COVID-19 crisis.??lisabeth Bri??re, Member of Parliament for Sherbrooke and Parliamentary...Read More
A new poll by the Kaiser Family Foundation shows that 81% of Americans believe a coronavirus vaccine will not be widely available before the November election.And even if it is, most say they won't get it.The KFF credits safety concerns stemming from political involvement and rushed development as a leading factor in America's reluctance to get vaccinated against COVID.President and CEO of the fou...Read More
Argonaut Gold (TSX: AR) has struck a deal to sell its Ana Paula gold project in Mexico's Guerrero state just a few months after acquiring the gold property through its merger with Alio Gold, which closed in July.Under the sales agreement, Argonaut will receive US$30 million upon closing, a further US$10 million upon the start of construction, a 1% net smelter return royalty and 9.9% of the common...Read More
Mag Silver (TSX: MAG; NYSE-AM: MAG) has signed an option agreement to acquire 100% of the Deer Trail project in Utah, a carbonate replacement deposit (CBD) that was intermittently mined for high-grade silver, gold, lead, zinc and copper sulphides until 1985, when the mine closed.The 56-sq.-km project encompasses the historic Deer Trail mine and the adjoining Alunite Ridge area, 2-6 km to the west,...Read More
The race for a COVID vaccine has been on for months. And honestly, it'd be disconcerting if we weren't so desperate.Vaccines typically take years to produce and study, but we've got pharmaceutical companies competing to whip one up like a Labor Day daiquiri. Cracks are already beginning to show. On Tuesday, clinical trials for the University of Oxford's COVID-19 vaccine have been put on hold by...Read More
Vancouver, September 9, 2020 - FPX Nickel Corp. (FPX-TSX.V) ("FPX Nickel" or the "Company") is pleased to announce it has received positive results from the 2020 Preliminary Economic Assessment ("PEA") for the Baptiste Project ("Baptiste" or the "Project") at its wholly-owned Decar Nickel District in central British Columbia. The PEA was prepared in accordance with [...]Read full newsRead More
When it comes to advertising,traditional tactics (e.g. magazine, radio and billboards have steadily becomeless relevant, replaced by modern technologies designed for more strategicdigital media based marketing. Within this race – digital ...Read full newsRead More
SKRR Exploration Inc. is pleased to report results from a Phase ORead full newsRead More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATESSASKATOON, Saskatchewan, Sept.10, 2020 ...Read full newsRead More
Barrick, B2Gold, Resolute Mining, AngloGold Ashanti, Roscan, Hummingbird Resources and Cora Gold said operations and staff were unaffected.Read full newsRead More