"Monterey Minerals Completes Purchase of 323 square kilometres in the Pilbara region of Western Australia https://t.co/BvFXsbfuLQ"Read full newsRead More
Criminal negligence charges have been laid against mining and construction giant Peter Kiewit Sons in British Columbia for a worksite death in 2009 in Tobla Inlet. The charges are unprecedented in Canada for a major multinational corporation, the CBC reported. Sam Fitzpatrick was 24 when he was crushed to death by a boulder on the Kiewit worksite. Peter Kiewit Sons Co. and two former...Read More
Shares of RNC Minerals (TSX: RNX) soared by over 22% on Thursday - taking the stock to over C$0.50 for the first time in two months - after another high-grade gold discovery yesterday at its Beta Hunt mine in Western Australia. This is the second discovery of significance at Beta Hunt in the past nine months.Last September, RNC unearthed more than 9,200 ounces of high-grade gold from a single bl...Read More
Solgold's (LON, TSX: SOLG) stock took another hit on Thursday, the day after submissions for a public hearing were heard in Ecuadorean Constitutional Court regarding the proposed referendum on mining in the provinces where the Australian miner's 85% owned Cascabel project and other wholly owned exploration projects are located. Solgold holds 72 mineral concessions in Ecuador through four...Read More
Russian aluminium producer Rusal does not plan to implement any projects in Venezuela, its spokeswoman said on Thursday.Russia's RIA news agency earlier on Thursday cited Venezuelan vice president Tareck El Aissami as saying Rusal was discussing a possible strategic partnership with Venezuela's Corporaci??n Venezolana de Guayana.(By Anastasia Lyrchikova and Maria Kiselyova; Editing by Christian Lo...Read More
If push comes to shove, one of the world's largest gold miners is prepared to do an end run around the U.S. should President Donald Trump's threatened tariffs on Mexican goods bite.Agnico Eagle Mines Ltd. currently produces about 300,000 ounces of gold in Mexico that it refines in the U.S., all of which would likely be subject to the proposed tariffs, Chief Executive Officer Sean Boyd said Wednesd...Read More
With China threatening to curb exports of rare earth minerals, Lynas Corp is making an aggressive push for fresh business across the globe and billing itself as the best option for its customers to tap diversified supplies of the specialized materials.While Australia-based Lynas cannot match China's rare earths processing capability, it is hoping that its role as the largest rare earths miner and...Read More
Don't expect an upswing in the global uranium market anytime soon."In our models, we don't get excited on the demand side," said Galymzhan Pirmatov, chief executive officer of Kazatomprom, Kazakhstan's state-owned mining company that's the world's biggest supplier.Kazakhstan controls about 40% of the world's supply of the metal, and Kazatomprom accounts for half of that, making it the biggest prod...Read More
Nyrstar has halted production at its Port Pirie lead smelter in Australia and declared force majeure, the Belgian-headquartered metals and mining company said on Thursday.It stopped output at Port Pirie on May 28 due to an unplanned outage at the blast furnace, a spokesman said in a email."We are currently in the process of assessing the outage and expect that production should resume within the c...Read More
"Who are the women in METS? Find out today in the Global METS investment report 2019. Find out more here - https://t.co/WMKRHVeBOr#aspermont #mining #technology #equipment #services"Read full newsRead More
Canada's First Quantum Minerals (TSX:FM) responded to Panama's President-elect Laurentino Cortizo by issuing a media release stating that the extension of the contract to operate the Cobre Panam?? mine fulfills current laws and regulations and that its team should be allowed to work without legal uncertainties.The miner's communiqu?(C) was made public a day after Cortizo said his government would...Read More
Rapaport published a report stating that diamond markets are under pressure as profit margins have tightened and the trade war with China has fueled uncertainty.The international firm revealed that the RapNet Diamond Index, known as RAPI, for 1-carat+ diamonds fell 0.7% in May and is down 1.7% since the beginning of the year.RAPI is the average asking price in hundred $/carat of the 10% best-price...Read More
Warning! GuruFocus has detected 3 Warning Signs with CDE.Coeur Mining Inc. (CDE) is strongly positioned to benefit from this trend for several reasons.First, Senior Vice President and Chief Financial Officer Thomas S. Whelan purchased 25,000 ordinary shares of the company for an average price ofRead full newsRead More
VANCOUVER, CANADA, Voleo Trading Systems Inc. (TRAD: TSX-V) ("Voleo", the "Company"), is pleased to announce the Company is participating in the 2019 Fidelity National Information Services ("FIS") Fintech Accelerator Program. As one of ten selected start-up companies taking part in the 12-week on-site mentorship program at The Venture Center, Voleo is benefitting from in-depth business suppor...Read More
"Constantine Metal Resources has released a preliminary economic assessment for its Palmer zinc-copper-silver-gold project in Alaska. https://t.co/tF1twRRMEz @cem_metals #basemetals #PEA #stocks"Read full newsRead More
Standard Lithium Ltd. (TSX-V: SLL) / (OTCQX: STLHF) shares are caught up in a battery metals sell off, but is it warranted given recent positive developments, ongoing supply challenges in the Lithium Triangle & exciting near-term Company catalysts? Its Arkansas Project could reach commercial production by 2022, and ramp up to ~20K tonnes/yr. of Lithium Carbonate, bolting onto brine streams f...Read More
Contrarian investors are constantly searching for reliable stocks to add to their portfolios on the the hopes of picking up some big gains on a recovery in sentiment or improved business conditions.Let’s take a look at Barrick Gold (TSX:ABX)(NYSE:GOLD) and Bombardier (TSX:BBD.B) to see if one deserves to be on your buy list right now.BarrickAt the end of 2015, Barrick was on the verge of bei...Read More
Gold Fields said the sale of its 19.9% shareholdings in both gold and royalty streaming company Maverix, and ASX-listed miner Red 5, were completed at significant premiums to the look-through acquisition costs. It raised C$91.4 million (US$68 million) through a series of private market transactions over the past four weeks, led by Resolute Funds and Tocqueville Asset Management. Gold Fie...Read More
In my March 27 editorial, "America is the Global Energy King: The U.S. is now exporting more than 12 OPEC nations produce!" I told you about a small energy company doing something revolutionary in Martin County in West Texas.I said:A breakthrough drilling technology is pumping out so much oil that the Financial Post says: "You add all the numbers up and what you start to come up with is very, very...Read More
June 6, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce that it has kicked off the exploration program at its Thorn project located in Northwest British Columbia. The initial 2019 program will consist of 1,000 metres of HQ size core drilling at Oban zone (within the Camp Creek Trend) to test for porphyry copper mineralization at de...Read More