Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Shares of Premier Gold Mines (TSX: PG) went up 7% at Monday's market open on news of a high-grade discovery at the McCoy-Cove project in Nevada. The company's market capitalization sits at C$345 million.In today's press release, the company announced the discovery of a 118.9 m thick mineralized zone grading 4.12 g/t, including a high-grade interval assaying 15.74 g/t gold across 6.1 m, in the fir...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), announces its 2018 year-end audited financial statements have been filed on SEDAR and will host an investor call on April 30th, 2019 at 9:00AM EDT.In 2018, the Company posted revenue of $14.2M, a 19.9% decrease over 2017, due to lower 3G sales, in particular Q3 sales being 38% lower than 2017. Th...Read More
In the heart of America's coal country, a cavernous new recycling plant is turning trash into a fuel that burns cleaner than coal, using a first-in-the-nation process hailing from Europe. Just don't call it a "replacement" for coal."We like to think of ourselves as a clean supplement to coal"In a region that remains fiercely protective of its embattled mining industry, Frank Celli, the chief execu...Read More
Russian miner Nordgold (LON:NORD) invested $70 million last year in its Guinea-based gold mine, $22 million more than the total allocated in 2017, the company said on Monday.Nordgold, which spun off of Russian steelmaker Severstal in 2012, said the funds allowed it to both, extend Lefa mine's life and improve efficiencies at the operation.The gold producer, which acquired the mine in 2010, said it...Read More
It took only 10 seconds to implode two 500-foot cooling towers that belonged to the Brayton Point Power Station in Somerset, Massachusetts.The concrete structures demolished last Saturday were the last remains of the last coal-fired plant in the northeastern US state. Originally built in 1953, the facility provided electricity to millions in both Massachusetts and Rhode Island for five decades unt...Read More
ePower Metals (TSXV: EPWR) announced that it has entered into a binding letter of intent with Minera Alamos for the assignment of the option to earn a 100% interest in the Los Reyes gold project located in the northwestern state of Sinaloa, Mexico.In a press release, the Vancouver-based miner explained that the LOI stipulates a 30-day period to enter into a definitive agreement.At present, Minera...Read More
Newmont Goldcorp Corp (NYSE: NEM) (TSX: NGT) said Monday it will temporarily halt operations at its Pe??asquito gold mine in Mexico due to illegal blockade by a trucking contractor and some members of the Cedros community. Access to the site has been blocked since March 27.The world's largest gold producer by market value, output and reserves said it remained committed to "good-faith dialogue" wi...Read More
Australian lithium producer Alliance Mineral Assets (ASX: A40) said Monday it had inked a joint venture deal with a major Chinese maker of engines for electric vehicles (EVs), which would allow the miner to feed its output into the partner's manufacturing process without capital costs or construction risks.As part of the deal, Alliance and Jiangxi Special Electric Motor have agreed to move into th...Read More
A Canadian company is moving ahead with plans to reopen a gold mine in the heart of California's Castle Mountains National Monument, just across the state line from Searchlight.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN was unable to close above the 1140 mark (reaching as high as 1146 intraday on Monday) and pulled back 7 points to close at 1137.30. MACD slipped to -1.52. RSI, our short-term momentum indicator, moved down 5.5 points to 47.47.Support is now 1128.6 and 1130. Overhe...Read More
Do a better job. Bhappu said an internal RCF study looked at 107 projects that went from feasibility study through to construction and "not one came in under budget".Read More
Diamond drill core from the Sunday Lake platinum-palladium project in northern Ontario. Source: Transition Metals Corp.Transition Metals Corp. [XTM-TSXV; TNTMF-OTC] shares rallied sharply Monday April 29 after the company said it has received assay results from a previously disclosed drill program conducted by North American Palladium Ltd. [PDL-TSX; PALDF-OTC] on the Sunday Lake platinum-palladium...Read More
The Aurora Gold Mine in northwest Guyana. Source: Guyana Goldfields Inc.Guyana Goldfields Inc. [GUY-TSX; GUYFF-OTC] said Monday April 29 that it has reached a settlement with a group requisitioning shareholders that includes the company's former CEO Patrick Sheridan.The company also said it will implement a succession plan for the CEO position within the next six months. Meanwhile, Scott Caldwell...Read More
President Trump loves coal.Or at least that's what he wants you to believe.The President's support of coal has been unwavering. From the campaign trail to present day, Trump has been an extremely vocal supporter of coal."I am thinking about the miners all over this country. We're going to put the miners back to work. We are going to get those mines open. Oh, coal country. What they have done."- Do...Read More
In this gutsy speech first recorded at The Northern Miner's Progressive Mine Forum in late 2017, Iamgold (TSX: IMG; NYSE: IAG) president and CEO Steve Letwin speaks about the need to be ever-vigilant with regards to cost control and innovation when running a business - and what calamities can happen if you're not.This is an encore broadcast of Steve's keynote in honour of his upcoming appearance a...Read More
The following is an edited transcript of a portion of a podcast interview with James Gallagher, president and CEO of North American Palladium (TSX: PDL; US-OTC: PALDF). Gallagher discusses the supply and demand fundamentals of the palladium market, and why palladium won't likely suffer much substitution by platinum in the critical global autocatalyst market.Gallagher joined North American Palladiu...Read More
Drilling at the Antenna target on Premier Gold Mines' (TSX: PG) McCoy-Cove project in Nevada has returned a 119-metre intercept grading 4.12 grams gold per tonne.Drill hole 19-03R started from 607 metres downhole and includes a 34-metre interval of 5.96 grams gold starting from 692 metres downhole, and a 12-metre intercept of 8.08 grams gold from 703 metres downhole.Premier plans to twin the rever...Read More
Kincora Copper Ltd. (TSXV: KCC) has consolidated the dominant land position in the emerging Southern Gobi copper-gold belt of Mongolia, along strike and in between two large-scale, world-class porphyry projects - the Oyu Tolgoi mine, operated by Rio Tinto, and the Tsagaan Suvarga Serven Sukhait, open pit, development project. We learned from Sam Spring, President and CEO of Kincora Copper, that th...Read More
Millrock Resources just received a strategic investment at a 100% premium to the market. Despite that, the shares trade near the same levels where they traded before the deal. The best way to make money in this space is by using these tough markets to add quality names at bargain prices. Millrock is another one of those names.Here's my interview with Millrock CEO Greg Beischer.To your wealth,Gerar...Read More