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
The stock market rebound since the March crash already wiped out many of the great 2020 deals. Despite the strong recovery, some stocks still remain cheap and could deliver massive gains for contrarian investors as the global economy recovers in 2021.Commodities playTech and biotech stocks are at new all-time highs. Commodity stocks, however, continue trade at discounted prices due to weak market...Read More
Secondary break trial at Cadia using MacLean's Auto Explosive Loader enabled with Orica's WebGen wireless technology Credit: Newcrest Newcrest Mining's Cadia Valley underground mine in New South Wales, Australia, has successfully tested new technology from MacLean Engineering and Orica in a 30-day trial. The site used remote drilling, loading and wireless blasting to remove the workers from...Read More
Pebble project in Alaska. Image courtesy of Northen Dynasty Minerals Ltd. Northern Dynasty Minerals (TSX: NDM) has taken further steps in the Pebble project planning by announcing a low-cost energy sharing program in the Bristol Bay region of Alaska.On Thursday, the company's US-based subsidiary Pebble Partnership sent a request for proposal (RFP) process to advance planning for its plans to shar...Read More
Stornoway's Renard diamond mine, in north-central Quebec. (Image courtesy of Stornoway Diamond.) Stornoway Diamond announced Thursday that Patrick Godin and Annie Torkia Lagac?(C) will be stepping down from their respective positions as president and CEO and EVP, finance and corporate services, effective Friday June 26.Godin will be succeeded by Patrick S?(C)vigny, who joined Stornoway in 2015 a...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:Barrick to begin layoffs in Papua New Guinea as lease dispute deepens - Read the story here.Chinese steel giant eyes Simandou - Read the story here. Three dead after attack on coltan mine in Congo - Read the story here. Tanzanian mi...Read More
Donlin Gold camp site, Alaska. Image: Novagold Novagold (TSX: NG) and its joint venture partner Barrick Gold (NYSE: GOLD, TSX: ABX) have reopened the Donlin camp in Alaska following a two-month due to the covid-19 pandemic.Four drill rigs have been remobilized at the project, Novagold says. The company anticipates that most of the planned program, aimed at confirming recent geologic modeling conc...Read More
The funds are being raised via a placement and share purchase plan at A72c per share, a 12.2% discount to the last closing price.Read More