The US job market juggernaut continues to accelerate.Read full newsRead More
Large scale gold mining in sub-Saharan Africa has reduced infant mortality in nearby communities, with rates falling by 50% among those born within 10km of a gold mine, conclusion new research by Anja Benshaul-Tolonen published in the May 2019 issue of The Economic Journal. Benshaul-Tolonen's research finds that local industrial development may be an effective way to reduce infant mortality in...Read More
Nickel miner Australian Mines hopes to lock in funds for a planned A$1.3 billion ($935 million) battery materials plant by end-June, its chief executive said, despite volatile prices that have crimped lending to the new energy sector.The company is talking with South Korean battery maker SK Innovation to finalise an offtake agreement after reaching a preliminary deal in March 2018. At the same tim...Read More
Sweden's Boliden on Friday reported first-quarter core earnings slightly above analysts forecasts, and said production in the quarter had been stable both in its mines and its smelters.Operating profit, excluding revaluation of process inventory, fell to 2.05 billion Swedish crowns from 2.72 billion a year earlier, beating the 1.99 billion seen by analysts in a Reuters poll."The period can be summ...Read More
The company has reportedly upsized its convertible note sale from $1.3 billion to $1.6 billion and CEO Elon Musk has raised the amount of shares he will personally buy from $10M to $25M. Read full newsRead More
Mining giant Rio Tinto (ASX, LON:RIO) is ramping up exploration at its Winu discovery in Western Australia, which could be the company's next major copper project.Speaking at conference in Sydney this week, group executive of growth and innovation Stephen McIntosh said the company's main goal for now is to determine whether Winu was a "Rio Tinto scale" project.The copper-gold-silver discovery, a p...Read More
Mining giant Rio Tinto (ASX, LON:RIO) is ramping up exploration at its Winu discovery in Western Australia, which could be the company's next major copper project.Speaking at conference in Sydney this week, group executive of growth and innovation Stephen McIntosh said the company's main goal for now is to determine whether Winu was a "Rio Tinto scale" project.The copper-gold-silver discovery, a p...Read More
Newmont Goldcorp Corp said on Tuesday it had suspended payments and social progr...Read full newsRead More
". @IvanhoeMines_ Founder and Co-Executive Chairman Robert Friedland joins us at Mining Journal Select to provide his insights on the key issues facing the mining industry today. #MJS #MJSelect #Mining #MiningInvestment"Read full newsRead More
Cache Exploration (TSX-V:CAY) announced the acquisition of a 100% mineral interest in a gold project in Mali, West Africa.In a press release, Cache said that it signed a definitive agreement with private vendor Rachid Mogabgab and that the acquisition includes an estimated $250,000 in mining equipment previously utilized at the project.To go ahead with the deal, the Vancouver-based firm has to iss...Read More
Cache Exploration (TSX-V:CAY) announced the acquisition of a 100% mineral interest in a gold project in Mali, West Africa.In a press release, Cache said that it signed a definitive agreement with private vendor Rachid Mogabgab and that the acquisition includes an estimated $250,000 in mining equipment previously utilized at the project.To go ahead with the deal, the Vancouver-based firm has to iss...Read More
Tudor Gold (TSXV: TUD) made public this week the 2019 exploration plans for its flagship Treaty Creek project, located in the Golden Triangle of northwestern British Columbia.In a press release, the Vancouver-based miner said the primary exploration target within Treaty Creek is the Goldstorm system."From the southwest corner of the Treaty Creek claims, which are bordering Seabridge's claims, the...Read More
Tudor Gold (TSXV: TUD) made public this week the 2019 exploration plans for its flagship Treaty Creek project, located in the Golden Triangle of northwestern British Columbia.In a press release, the Vancouver-based miner said the primary exploration target within Treaty Creek is the Goldstorm system."From the southwest corner of the Treaty Creek claims, which are bordering Seabridge's claims, the...Read More
While demand for electric vehicles (EVs) continues to soar, investment in companies mining for the so-called battery metals is lagging far behind, which may trigger an upcoming global shortage of those minerals, a Tesla executive has warned.The EVs manufacturer pioneer, Reuters reports, has also said it believed that prices for key elements in the making of rechargeable batteries, including cobal...Read More
Canada's Hudbay Minerals' (TSX, NYSE: HBM) has settled a long-dragged out boardroom battle with its second-largest investor, Waterton Global Resource Management, which had been pushing for replacing the miner's chief executive officer and overhaul the board.The announcement comes two weeks after Waterton, which holds about 12% of Hudbay, filed a lawsuit against the base metals producer, in a bid...Read More
Newmont Goldcorp Corp said on Tuesday it had suspended payments and social progr...Read full newsRead More
"$CTSH - Cognizant Technology Solutions Corporation (CTSH) CEO Brian Humphries on Q1 2019 Results - Earnings Call Transcript https://t.co/GMONK8MO1q"Read full newsRead More
Nickel mining stocks were boosted this week by positive reports on demand for the metal and a major deal that takes a Canada nickel mining company into uncharted territory. Pure Nickel (TSXV: NIC) took a big step to diversifying its portfolio and focus this week in a deal that sees it become the majority developer of an Idaho gold project. In a complex all-share agreement with junior mini...Read More
In February, Blue Sky Uranium (TSX-V: BSK; OTC: BKUCF) delivered a very positive Preliminary Economic Assessment ("PEA") on the Ivana uranium-vanadium deposit at the Company's 100%-owned Amarillo Grande project in Argentina. The after-tax IRR & NPV is 29.3% & $135M. The upfront cap-ex is estimated at $128M. Importantly, the all-in sustaining cost is estimated to be in the lowest qua...Read More
Notwithstanding today's absurdly phony and propagandistic employment report, it's becoming more apparent by the week that the Fed and the U.S. Government are once again preparing to print more money. I don't know when the Fed will revert to more QE but I would argue that the intense effort by the banks to use the Comex as a conduit to control the price of gold is a probable signal - just like in 2...Read More