Nexus Gold Corp. is pleased to report in anticipation of its upcoRead full newsRead More
Rokmaster Resources Corp. wishes to announce that it has closed tRead full newsRead More
Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company") is pleased to announce it has signed a revised agreement for additional rights for its DermSafe hand sanitizer (the "License Renewal Agreement") under the terms of the original License Agreement with Skinvisible Pharmaceuticals, Inc., previously announced February 13, 2020. The License Renewal Agreement provides Ovati...Read More
US stocks closed higher on Friday but the three key indices suffered their biggest weekly percentage declines since March, Reuters reported. The global number of COVID-19 cases has risen to 7.Read More
Vale said it had reached a US$25 million settlement in a New York class action regarding the 2015 Samarco dam disaster in Brazil.Read More
The gold rally hit a speed bump in recent weeks and top gold stocks, including Barrick Gold (TSX:ABX) (NYSE:GOLD), are down significantly from the May highs.Gold price outlookGold trades at US$1,725 per ounce at the time of writing. A month ago the yellow metal was about US$1,750 and the 2020 closing high is just under US$1,770. The precious metal has essentially traded sideways over the past two...Read More
Eskay Creek gold project Credit: Skeena Resources. Skeena Resources has started a preliminary feasibility study (PFS) for the Eskay Creek gold-silver project within the province's Golden Triangle area in British Columbia."The PFS is the next step in the evolution of Eskay Creek, as we move this high-grade, open-pit project development and through to commercial production," Shane Williams, the co...Read More
Gold mining stocks have been on fire since the coronavirus pandemic was announced and the stock market crashed in March 2020. Gold is one of the few assets to perform strongly over that period, as gold is considered the ideal defensive asset.Since the start of 2020, gold has soared by 14% propelling many gold miners higher. One that has lagged its peers is Gran Colombia Gold (TSX:GCM), which has g...Read More
Nuclear energy stocks have been hit hard by the surging unpopularity of nuclear power. The rapid growth of renewable sources of energy and power generation poses a direct threat to the survival of uranium miners. The 2011 Fukushima nuclear disaster triggered a price collapse for uranium and considerable negative sentiment regarding the outlook for nuclear power.The catastrophe, which was the only...Read More
Uinta software uses Credit: Juniper. Juniper Systems, a US-based manufacturer of field computer hardware, has introduced the Uinta mapping and data collection software.Uinta's data collection capabilities include detailed mapping with points, lines, areas, as well as form-based notes for digital recordkeeping. Uinta also allows organizations to customize the software based on their specific data...Read More
Sokkia equipment. Image from Brandt. The Brandt Group has announced that it has reached an agreement to acquire assets of Ontario-based Sokkia Canada from Topcon Positioning.Following this acquisition, which affects the Ontario and Quebec markets, Brandt will become the exclusive dealer of Sokkia survey equipment, accessories and parts for all of Canada."The Sokkia brand has a long, prou...Read More
(Warning: Video contains profanity)Credit: Portogente videosThe Brazilian Navy is monitoring the location of the ore carrier Stella Banner that sunk Friday off the coast of Maranh??o. On Friday morning, salvors sent the $110 million ship to the bottom off the coast, just four years after its construction. The ship ran aground approximately 100km from coast of S??o Lu?-s on February 24, 2020 as i...Read More
Tsingshan's nickel pig iron (NPI) plant in Indonesia. Image from Nickel Mines Ltd. In its latest report, Fitch Solutions revised down most of its 2020 mining production as well as metals production and consumption forecasts and said it will keep adjusting estimates in line with the evolution of the situation and of government and company announcements.Prior to the pandemic, Fitch expected nickel...Read More
The fundraising comprises a $3.2 million placement to undisclosed investors and a $2.7 million entitlement offer, with new shares being priced at 6c each. El Zorro gold mineralisation has been classified as intrusive related and representing a "district scale gold system".To date gold mineralisation has been proven over 1.5km of strike.The next drilling campaign is set to comprise 4,000-5,000...Read More
Implats said increased economic uncertainty caused by the COVID-19 pandemic had prompted the board to re-evaluate its corporate strategy.The development is unexpected after Implats committed to spent R55 million (US$3.2 million) on exploration and had said the campaign was making "positive progress".Impats said it would continue to fund the programme to completion by August.The company said i...Read More
The company said the A$130 million increase was supported by members of the its existing $400 million revolving credit facility, which matures on July 1, 2023.Read More
Statistics South Africa said the data, released late last week, showed the COVID-19 pandemic and lockdown regulations had "an extensive impact on economic activity".The department said PGM production fell 62% compared with a year earlier, iron ore fell 68.7%, gold 59.6% and manganese ore by 57.6%.It said seasonally adjusted mining production decreased by 34.1% in April compared with March 2020.Col...Read More
Lithium Power International (ASX: LPI) is a pure-play lithium company focused on the development of Chile's next high-grade lithium mine. The Maricunga JV, in which LPI holds a 51% interest, is the highest quality, pre-production, lithium brine project, in South America and has one of the world's highest-grade lithium resources at 1,167 mg/l lithium and 8,500 mg/l potassium. The 2019 JORC and NI 4...Read More
A report by Fitch Solutions states that global gold mine production growth is expected to rebound in the coming years underpinned by higher gold prices and mergers between major mining firms."We forecast global gold production to increase from 106 million oz. in 2020 to 133 million oz. by 2029, averaging 2.5% annual growth," the document states. "This would be an acceleration from the average grow...Read More