1960 Nu-Klea Starlite Electric RunaboutNu-Klea Automobile Corp. of Lansing, Michigan hoped to get this electric car into production. Drive was to be "D.C. Electric Motors". Power was described as "Battery 36 volts", with "built-in charger". Body: All Plastic, with optional fiberglass cloth or Plexiglass Top. Image: Alden Jewell Car sales are tanking the world over: Europe is likely to experience...Read More
Casting of zinc jumbos. Image from Nyrstar. The Antwerp commercial court has instructed Nyrstar to postpone a general meeting scheduled for June 30 to make a decision on the dissolution of the zinc firm.The move comes after demand from a group of Belgian minority shareholders united around RSQ Investors, arguing lack of transparency on the restructuring of Nyrstar.Geneva-based Trafigura acquired...Read More
Aerial view Cornwall mines. Image by suziedoe from Pixabay . The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) has released its newest report. Guidance for Governments: Improving Legal Frameworks for Environmental and Social Impact Assessment and Management provides IGF member states with a summary of good international practice in legal frameworks for ESIA...Read More
Visible gold from Eastern Gold Zone mineralization at Perron Credit: Amex Exploration. Amex Exploration (TSXV:AMX) has reported multiple drill results from the Eastern Gold Zone on its 100% owned Perron property in northwestern Quebec.Drill hole PE-19-165 intersected 28.97 g/t Au over 5.60 m at a vertical depth of approximately 660 m. This intercept increases the bonanza grade core of the HGZ on...Read More
Champion Iron Limited (TSX: CIA, ASX: CIA), through its subsidiary Qu?(C)bec Iron Ore Inc., owns and operates the high-grade low-cost Bloom Lake Mining Complex, located on the south end of the Labrador Trough in Northern Qu?(C)bec, adjacent to established iron ore producers. Bloom Lake is an open-pit truck and shovel operation, with a concentrator, and it ships iron concentrate from the site by ra...Read More
The bullish sentiment on gold is rapidly growing amid both institutional and retail investors as the number of reported COVID-19 cases increases in the U.S., casting shadows on hopes of a fast economic recovery.With reported coronavirus cases jumping in Southern states, the U.S. set a daily record for the number of new cases yesterday. According to data collected by Johns Hopkins, 40,401 new cases...Read More
GoldMining (TSX: GOLD; US-OTC: GLDLF) has created a wholly owned royalty company - Gold Royalty - with a portfolio of 14 newly created royalties on GoldMining's gold assets in the Americas.The royalties include 2% net smelter return (NSR) royalties on two gold projects, a 1% NSR on 11 assets and a 0.5% NSR on one project. Eleven of the 14 NSRs are on resource and development-stage projects, with a...Read More
MINING.com executive editor Frik Els interviews Jeffrey M. Christian, Managing Partner at CPM Group, at the 2020 Canadian Mining Symposium on Zoom.Read More
Over the past few years, China has gotten increasingly aggressive...It's launched large-scale cyberattacks against rival governments and private companies, stealing vital information. It's attempted to seize control of the South China Sea - a body of water it shares with half a dozen neighboring countries.It's sent its navy and air force to harass those same neighbors, instigating conflicts with...Read More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
By: Ira EpsteinSilver was a miserable failure trying to join the party. Gold as lots of resistance here but it does not mean that it will not break to the upside:Read More
Gold exploration companies are turning to the Red Lake district.Read full newsRead More
The energy company's natural gas business has joined its electricity business in vowing to eliminate net carbon emissions by 2050. Here are four takeaways from Bridge's interview with the company'sRead full newsRead More
FenixOro Gold Corp is pleased to provide an update on the Phase 1Read full newsRead More
Toronto, Ontario--(Newsfile Corp. - June 25, 2020) - FenixOro Gold Corp (CSE: FENX) (FSE: 8FD) is pleased to...Read full newsRead More
David Rosenberg is back on Real Vision today with a bullish take on gold and healthcare. As for the rest of the market and the economy, that is a different story. He also sees a zombification of corporate America, a theme we discussed last week. Corporate zombies are on the roam For those who are upbeat on the prospects of both the resource and public sectors in the years ahead, check out our v...Read More
Vancouver, BC- Summa Silver Corp ("Summa Silver" or the "Company") (CSE: SSVR, Frankfurt: 48X) is pleased to announce that is has finalized plans for a 7,500 metre summer drill program at it's Hughes Property in Central Nevada. The program will be surface based and consist of both reverse circulation (RC) and core drilling in approximately 15 holes beginning in early July.The Company's historica...Read More
Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna"), a royalty company for the U.S. licensed cannabis industry, announces amendments to the terms of its outstanding Convertible Debentures and Warrants and announces a new Convertible Debenture Financing.Amendments to Outstanding Debentures and WarrantsThe Company has received Debenture and Warrant Holder...Read More
The IMF said the pandemic had a more negative impact on activity in the first half of 2020 than anticipated.It's projected global growth at -4.9% for this year, and -8% in advanced economies, both 1.9 percentage points below the forecasts in its April World Economic Outlook.It also expected a cumulative loss to the global economy from the pandemic crisis of more than US$12 trillion over 2020 and 2...Read More
On Thursday, the Canadian stock market reversed initial losses to turn positive for the day — after losing 1.7% on Wednesday. Yesterday’s losses were primarily driven by the rising number of coronavirus cases in many U.S. states.Nonetheless, after opening on a slightly negative note, the S&P/TSX Composite Index was up by 0.5% this afternoon despite worse-than-expected U.S. unemploy...Read More