Fortune Minerals of London, Ont. Says the Northwest Territories government has signed a contract for the building of the Tlicho all weather road to the community of Whati. The village is only 50 km south of Fortune's NICO cobalt-bold-bismuth-copper mine and mill project.Fortune will undertake the construction of a road from the mine site to Whati so that concentrates can be shipped out for process...Read More
"Next Green Wave Signs MOU with Organic Medical Growth to Enter the Colombian Medical Cannabis Market -- @NextGreenWave #momentumstocks #NextGreenWave #Cannabis #MakingWaves #WaveMakers #CSE #BNN #Potstocks #CBD #smallcap #THC --Read the News Release here: https://t.co/6tQRpgfkmm"Read full newsRead More
"Crop Receives 2019 Production and Extraction Licenses for Its 2,115 Acre Nevada Hemp Operations -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp #MarijuanaStocks #Potstocks #CBD #smallcap #momentumstocks#CSE #BNN --Read the News Release here: https://t.co/n6DxjFvY9w"Read full newsRead More
"Bluestone Files Technical Report for its Cerro Blanco Gold Project -- #bluestoneresources #bsr #cerroblanco #exploration #goldcorp #mining #mita --Read the News Release here: https://t.co/XoHeQx0VKH"Read full newsRead More
The future holds a changing landscape for miners' skillsets in Australia. A vast 77% of mining jobs will be enhanced or redesigned due to technology within the next five years, an EY report for the Minerals Council of Australia on the Future of Work in Mining released today reveals.The report is built on EY's Digital Mining Report on the minerals industry, and tales a closer look at the influence...Read More
The future holds a changing landscape for miners' skillsets in Australia. A vast 77% of mining jobs will be enhanced or redesigned due to technology within the next five years, an EY report for the Minerals Council of Australia on the Future of Work in Mining released today reveals.The report is built on EY's Digital Mining Report on the minerals industry, and tales a closer look at the influence...Read More
Mark Bristow, known throughout the gold industry for his relentless focus on costs, is counting on his belt-tightening skills to take Barrick Gold Corp. to the next level."John really drove this business on multiple fronts, but his primary focus was the debt," Barrick CEO Bristow said Wednesday in an interview at Bloomberg's Toronto office, referring to the miner's executive chairman, John Thornto...Read More
Silvercrest Metals (TSXV: SIL; NYSE: SILV) has discovered the Babi Sur silver-gold vein on its Las Chispas property in Sonora, Mexico, through recent drilling.The company intersected high grade silver and gold mineralization along a 1.5 km strike length at Babi Sur. The vein sits parallel to the project's Babicanora vein, about 300 metres away. The company has now found six high grade veins at La...Read More
The world's largest new copper mine rumbled to a start this week in the Panamanian jungle, poised to supply a global market that's tipping into deficit and gives First Quantum Minerals Ltd. a chance to prove its $10 billion investment was worth all the trouble.Cobre Panama, a vast mining and processing complex near Panama's Atlantic coast, processed its first ore on Monday, a half century after th...Read More
Ontario's Government working for the People is supporting the economy in the Township of Seguin by expanding the Parry Sound Airport industrial park to accommodate new businesses. Today, Norman Miller, MPP for Parry Sound-Muskoka, announced Ontario is making a $495,000 investment in the Parry Sound Area Municipal Airport to support phase eight of its business park expansion project. This involves...Read More
Australian ferronickel miner South32 has agreed to a four-year contract with two unions at its Cerro Matoso mine in Colombia, avoiding a strike over pay and other benefits, the company said on Thursday.Cerro Matoso produced 43,000 tons of ferronickel in the last fiscal year.Without a deal, the Sintramineros and Sintracerromatoso unions would have called their members to vote on whether to strike o...Read More
At least 23 illegal miners are trapped and feared dead in Zimbabwe after shafts and underground tunnels they were working in were flooded by water from a burst dam, a state-owned daily newspaper reported on Thursday. Small-scale gold producers, including illegal miners, accounted for nearly 60 percent of the record 33 tonnes of gold produced in Zimbabwe last yearThe southern African nation has bee...Read More
* Mine owned by Petra Diamonds may take 5-10 years to clear debt* Diamond miners face price pressure, synthetic competitionThe owner of one of the world's most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand.Petra Diamonds bought Cullinan in 2008, aiming t...Read More
* Sibanye in talks to cut almost 6,000 jobs* Plans to restructure struggling gold operations* Shares up, outpacing mining index (Adds mines minister, analyst comment, shares, background)Sibanye-Stillwater could cut nearly 6,000 jobs in a potential restructuring of the company's gold mining operations following losses at some of its mines last year.The precious metal miner said it had entered into...Read More
The collapse of Vale's Brumadinho iron ore tailings dam in Brazil was both shocking and devastating in its impact. But it was not a one-off event.It was the 11th serious tailings dam failure in the last decade and such catastrophic events are becoming more frequent, according to researchers at World Mine Tailings Failures (WMTF).Indeed, the number of incidents is going to rise further, according t...Read More
"Rats, Public Defecation, & Open Drug Use: Our Major Western #Cities Are Becoming Uninhabitable Hellholes | Zero Hedge https://t.co/YF3cChVaDw"Read full newsRead More
OSLO, Feb 14 (Reuters) - Norway's government approved on Thursday the building of a copper mine near Europe's northernmost point despite years of opposition from indigenous Sami herders and fishermen.Norway's decision on the copper mine has been viewed as a litmus test for the Arctic, where climate change and technology are enabling mineral and energy extraction, shipping and tourism, but threaten...Read More
Nemaska reveals C$40M Whabouchi funding shortfall at C$1.1 billion project.Read full newsRead More
Sierra Metals (TSX: SMT) is one step closer to expanding its Yauricocha mine in Peru.This week, the miner reported the approval of the Environmental Impact Assessment Study for the expansion of the tailings deposition facility at the polymetallic mine.The positive answer follows an initial negative issued in December 2016 by Peru's National Environmental Certification Service to Sierra's subsidia...Read More
In the eyes of investors, lustrous futures await Goldcorp, Eldorado Gold, and Yamana Gold.Read full newsRead More