eMetals Limited (ASX:EMT) (eMetals or Company) are pleased to announce the Company has completed the acquisition and settlement of the Poona project.Read full newsRead More
Amex Exploration Inc. is pleased to announce that it has closed tRead full newsRead More
Once again, it looks like the bears and the skeptics were right all along. Read full newsRead More
We released our INK Edge Top 20 Gold Report today where we continue to assess the Fed's zombification of corporate America. Eventually, the zombies will come for the greenback, and that will be a positive for gold and bitcoin. Right now, however, the market is in the grips of an investor euphoria over Fed stimulus. The same stimulus that is breeding this new population of zombies who will likely...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM / OTCQX: SYATF / FRA: WK3D) (the "Company" or "Siyata") is pleased to announce that the Company has received its first major purchase order out of Australia for its UV350 dedicated in-vehicle IoT device, valued at approximately $300,000. Marc Seelenfreund, CEO of Siyata Mobile states, "We are very pleased to enter into the Australian market with ou...Read More
I’ve never been a big fan of mining stocks for what I’ve always thought as obvious reasons.I strive to own a portfolio full of excellent businesses with superior moats, certain characteristics that protect them from competition. It’s very rare to find that in a mining stock. After all, every gold, silver, or other mineral producer ends up with a product that is the exact same as...Read More
MINING.COM MINUTE is a roundup of the biggest stories from the global mining and metals industry. Share and get up to speed in a mining minute.This week's top stories:Vale to resume operations at Voisey's Bay in July - Read the story here.$37 billion gold project spend needed by 2025 - Read the story here.Dominion Diamond sues partner in Diavik mine - Read the story here.Nexa issues $500 milli...Read More
Appian Capital Advisory has announced the appointment of Igor Gonzales as the company's Chief Operating Officer.Gonzales will manage the company's technical team working across Appian's portfolio, with direct oversight of the firm's operated assets including Atlantic Nickel's producing Santa Rita nickel-copper-cobalt project and Minera????o Vale Verde's copper-gold Serrote project in Brazil, which...Read More
The term sheet was agreed with investment firm Lionhead Capital, whose founding partner Paul Quirk is a non-executive director at Cora.It includes US$6 million of equity, US$6 million of convertible debt and US$10 million of debt financing, and is dependent on Cora completing a positive definitive feasibility study (DFS) by the end of 2021.Cora's DFS needs to deliver a minimum six years' mine life...Read More
"Although we continue to hold significant reservations about the eventual path of the earnings recovery and warn there are many challenges yet to be faced, our analysis now suggests that there isRead More
Last week, I spent most of my time in front of the television.I was battling a serious case of vertigo, and it made it nearly impossible to work on my computer, read a book, or do any kind of physical activity.So, I parked it in front of the idiot box and binged watched Vikings.Without a doubt, one of the best series on television. I got so caught up in it, that when the room stopped spinning and...Read More
As the last day of the Canadian Mining Symposium (CMS) began on June 18, it was clear that the global community had embraced the online, virtual version of the annual event. Anthony Vaccaro, group publisher of The Northern Miner and head of global mining for Glacier Resource Innovation Group, said there had been considerable feedback, comments and questions posted by attendees since the CMS began....Read More
Vale (NYSE: VALE), the world's top producer of nickel and iron ore, is fine-tuning details to reopen its Voisey's Bay open pit nickel mine and concentrator in Canada, next month.Full capacity at the northern Labrador-based operation should be reached in August, the Brazilian mining giant said today.Vale initially placed Voisey's Bay mine on care and maintenance for four weeks as a precaution amid...Read More
Drilling at MacDonald Mines' (TSXV: BMK) wholly owned SPJ property, 20 km east of Sudbury, has extended the strike length of the high-grade New Zone-Villeneuve trend to over 225 metres and the structure remains open.The company released results for six drill holes completed over the winter and spring. Highlights include 5 metres of 27.2 grams gold per tonne in hole 20-041 as well as 6 metres of 2....Read More
India has taken a historic step towards ending the state monopoly on mining and selling coal by auctioning 41 mines in the country, a move that allows private companies to enter the sector.The announcement, which puts an end to more than four decades of state control over the coal industry, aims to solve a fuel shortage that threatens to reduce the nation's industrial activity.The measure also see...Read More
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has signed a definitive agreement with Komet Resources (TSXV: KMT) to purchase the 35-sq.-km Dabia Sud gold property, which lies directly north of the company's 254-sq.-km Kandiole project in the western part of the country.In May, Roscan entered into a binding letter of intent with Komet for this purchase. To acquire the asset, the company will make a $1.6-m...Read More
Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programs halted or cancelled and project disruptions hampering production, the summit is in sight, according to research firm Wood Mackenzie's latest report.As organic growth is waning, miners are looking to buy gold through mergers and acquisitions to secure their future.So far this has fail...Read More
Under revised terms, Osisko has immediately advanced US$2.5 million of the remaining deposit for the metals stream, with a further $7.5 million to follow over the next 12-18 months based on achieving milestones.In exchange for the accelerated payment schedule, Osisko has reduced the total deposit payable from $40 million to $35 million.The stream percentage will remain 18.5% of gold output capped...Read More
The complex, which produces about 10% of Vale's iron ore, was suspended on June 5 over concerns regarding a COVID-19 outbreak and 188 workers testing positive.Read More
PwC says sector volatility became more pronounced by the end of 2019, with coal and copper, key exports of Canada's westernmost province, falling 10% and 8%, respectively. Gold gained 10% on averaged over the previous year.In the near term COVID-19 is expected to continue to dampen the outlook for price recovery.PwC estimated BC mining capital expenditure was $1.5 billion in 2019, compared with $1...Read More