"Canada Cobalt Ramps Up Drilling to Build on New Castle East Discovery Next to Three Past Producers -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #battery #Momentumstocks #batterymetals --Read the News Release here: https://t.co/8PMd5E8dwQ"Read full newsRead More
"Durango Resources (@DGOv_Durango) (#TSXV: $DGO | #OTCQB: $ATOXF) to Advance the Trove Property Adjoining Osisko at Windfall Lake [https://t.co/K65VKw1Kbg]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #gold #Osisko"Read full newsRead More
NxGold Ltd. (TSXV:NXN) (Read full newsRead More
Eurasian Resources Group Sarl will halt production at a copper and cobalt mine in the Democratic Republic of Congo, as it considers future investment in new production methods.The shutdown at Boss Mining Sprl will curb cobalt supplies from a nation that accounts for three-quarters of global production of the metal used in rechargeable batteries. The suspension comes at a time of strained relations...Read More
South Africa's parliament approved on Tuesday a long-delayed carbon tax bill as it seeks to reduce harmful carbon emissions in Africa's most industrialised and polluting country.Big energy users including Sibanye-Stillwater and ArcelorMittal's local unit have opposed plans by South Africa to enact carbon tax laws in 2019, arguing the levies are unaffordable and should be scrapped or delayed."Clima...Read More
South Africa's Association of Mineworkers and Construction Union (AMCU) on Tuesday called on its members at Sibanye-Stillwater's platinum operations to embark on a secondary strike over job cuts and wages.Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs in a potential restructuring of the company's gold mining operations - where AMCU has been on strike since mid-November over...Read More
The prospects of dry bulk shippers carrying iron ore from mines to smelters have worsened due to the accident at Vale's Brumadinho dam in Brazil, Golden Ocean said on Tuesday as it presented forecast-beating quarterly earnings.The dam in the town of Brumadinho, which contained tailings, the mud-like byproducts of iron ore mining, burst on Jan. 25, killing at least 166 people and with almost 200 mo...Read More
It is almost a year since the United States imposed duties on imports of aluminium and steel on national security grounds.If the aim of the so-called "Section 232" tariffs was to lift domestic production, President Donald Trump's administration can claim a degree of success.U.S. output of primary aluminium has started rising sharply thanks to restarts of idled capacity, although not all of them ha...Read More
South32 could cut about 500 jobs at its Hillside aluminium smelter in South Africa's coastal province of KwaZulu-Natal, trade union Solidarity said, in a restructuring the company said is designed to reduce costs and help it contend with volatility in commodities markets.The Australia-listed company is planning to cut 500 of the 1,300 employees at the Hillside site, Solidarity said on Tuesday."The...Read More
South Africa's Kumba Iron Ore Ltd on Tuesday reported slightly lower full-year headline earnings for 2018, due to a dip in revenue and lower sales volumes.The company, a unit of Anglo American, said headline earnings came in at 30.28 rand ($2.14) per share in the year ended Dec. 31, 2018, compared to 30.47 rand a year ago.Headline EPS is the primary profit measure in South Africa, and strips out c...Read More
The key to getting monster-sized returns in mining equities is to be small, according to managers of the Plethora Precious Metals Fund.With only 18 million euros ($20 million) in assets, Plethora Precious Metals is a minnow in contrast to giants such as Blackrock Inc. and Vanguard Group Inc. While investment funds generally try to increase assets to share success and rake in higher fees, this Dutc...Read More
BHP Group, the world's biggest miner, doesn't have capacity to raise shipments into the iron ore market as competitor Vale SA faces outages following the fatal mining disaster in Brazil last month.The global iron ore market has been thrown upside down by the tragedy, after Vale was forced to shutter operations and the Brazilian government said it's banning certain types of dams used to hold mining...Read More
Chile's Superintendency of the Environment (SMA) filed charges against Lumina Copper on Tuesday for infractions to the provisions established in its Resolutions of Environmental Rating (RCA), both at the Caserones mine and the Electric Transmission Line necessary for the development of the project.Lumina Copper faces fines of up to $54.8 million for infractions to the provisions established in it...Read More
Dr. John-Mark Staude reportsRIVERSIDE SIGNS DEFINITIVE OPTION AGREEMENT AND RECEIVES CASH AND SHARES FROM PARTNER Riverside Resources Inc. partner Sinaloa Resources Inc. entered into a definitive agreement signed on Jan. 30, 2019, that begins with an initial option to acquire a 70-per-cent interest in the La Silla project. Sinaloa Resources has issued Riverside one million common shares and now pa...Read More
* AngloGold reports earnings rise* Looks to sell interest in Cerro Vanguardia* Approves Quebradona project feasibility study (Recasts with asset sale, adds CEO comments)South Africa's AngloGold Ashanti said on Tuesday it was putting its interests in an Argentine mine up for sale as it looks to focus on operations with a longer shelf life and ability to deliver higher returns.AngloGold Chief Execut...Read More
Mr. Dominique Bouchard reports ARIANNE PHOSPHATE APPOINTS MR. JEAN FONTAINE TO ITS BOARD OF DIRECTORS AND PROVIDES CORPORATE UPDATE Arianne Phosphate Inc. has appointed Jean Fontaine to the company's board of directors.Mr. Fontaine is the founder and president of Jefo Nutrition Inc., a global leader in high performance, non-medicated nutritional solutions for animals.Founded in 1982, Jefo Nutritio...Read More
Mr. Ivan Bebek reportsNEW TARGETS IDENTIFIED THROUGH MACHINE LEARNING AT AURYN'S COMMITTEE BAY HIGH-GRADE GOLD PROJECTAuryn Resources Inc. has received results from the machine learning targeting exercise for the Committee Bay high-grade gold project in Nunavut. The machine learning technology is provided by Computational Geosciences Inc. (CGI) and its proprietary VNet segmentation deep-learning a...Read More
Mr. Brian Groves reportsVECTOR GEOLOGICAL SOLUTIONS ENGAGED TO AID IN NEW TARGET GENERATION AT CHEVRIERGenesis Metals Corp. has engaged Vector Geological Solutions to aid in targeting of opportunities for resource expansion and new discoveries at Chevrier.Dr. Robert Carpenter, strategic adviser (see Genesis news release dated Nov. 21, 2018), in collaboration with Daniel MacNeil and Dr. Alan Wainwr...Read More
United States gold giant Newmont Mining (NYSE:NEM) has cleared one of the regulatory hurdles for its planned mega- merger with Canada's Goldcorp (TSX: G), a combination that would create the world's largest producer by output, challenging Barrick's recently cemented supremacy.The Denver-based gold miner said the Canadian Competition Bureau had green-lighted the $10-billion stock-for-stock trans...Read More
The new President and CEO of Barrick Gold (NYSE:GOLD)(TSX:ABX), Mark Bristow, said the company wants to strengthen its partnership with the government and local communities of Papua New Guinea where the Porgera gold deposit is located.Barrick and Zijin Mining Group each own a 47.5% interest in the Porgera Joint Venture, while Mineral Resources Enga owns the remaining 5% interest. At present, the f...Read More