Denison Mines of Toronto is ready to begin the rigorous environmental impact assessment of its 90% owned Wheeler River in situ uranium project in the Athabasca Basin.Both the Canadian Nuclear Safety Commission and the Saskatchewan Ministry of Environment have accepted the Wheeler River provincial technical proposal and federal project description.Denison has also said that it has executed a number...Read More
"Nano One (@NanoOne_NNO) (#TSXV: $NNO | #OTC: $NNOMF) Gains $5MM Funding from Sustainable Development Technology Canada [https://t.co/rbUhrY1Wxd]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #investment #cleanenergy #finance #moneymoves"Read full newsRead More
Western Copper and Gold Corporation (TSX:WRN, NYSE AMERICAN:WRN) is pleased to announce the commencement of an approximately 10,000 meter drill program at its wholly owned Casino Copper-Gold Project ("Casino").Read full newsRead More
Barrick Gold (TSX:ABX) (NYSE:GOLD) president and CEO Mark Bristow, along with the executive director of JV partner Zijin Mining Group, today met with Papua New Guinea's new prime minister James Marapa about extending the current special mining lease on the Porgera gold mine, which is set to expire on August 16, 2019. This marks the second time that Bristow has visited the country this year to reaf...Read More
Barrick Gold (TSX:ABX) (NYSE:GOLD) president and CEO Mark Bristow, along with the executive director of JV partner Zijin Mining Group, today met with Papua New Guinea's new prime minister James Marapa about extending the current special mining lease on the Porgera gold mine, which is set to expire on August 16, 2019. This marks the second time that Bristow has visited the country this year to reaf...Read More
The French Revolution of 1849 gave us this saying: the more things change, the more they stay the same. Let's look at its usefulness for current situation in gold. In Friday's Alert, we wrote that the turn of the month and the corresponding reversal is most likely to be a topping action, instead of a bottom and that the next meaningful bottom is going to take place at a later date. Gold rallied, a...Read More
Gold built on last week's gains on Monday rising 1.5% in heavy volume as investors seek a safe haven amid a widening trade war unleashed by US President Donald Trump.Gold for delivery in August, the most active futures contract, reached a high of $1,333 an ounce, the highest 10 weeks with over 33m ounces changing hands in New York by early afternoon.Trump's plan to impose a 5% tariff on all Mexica...Read More
Gold built on last week's gains on Monday rising 1.5% in heavy volume as investors seek a safe haven amid a widening trade war unleashed by US President Donald Trump.Gold for delivery in August, the most active futures contract, reached a high of $1,333 an ounce, the highest 10 weeks with over 33m ounces changing hands in New York by early afternoon.Trump's plan to impose a 5% tariff on all Mexica...Read More
While geopolitical concerns have been the prime driver for most commodity markets recently, iron ore has been a standout, trading largely on traditional fundamentals.Since the tailings dam disaster in January at one of top exporter Vale's mines in Brazil, iron ore has traded almost exactly as you would expect for a commodity that suddenly went from a situation of comfortable to constrained supply....Read More
Bravura Consortium will spend more than $50 million to explore for and mine platinum in Zimbabwe, the Southern African country's mines minister said on Friday, after both parties signed the agreement.Zimbabwe is seeking to quickly exploit its reserves of platinum, which is in growing demand for use in catalytic converters to limit emissions as car manufacturers shift to making electric cars powere...Read More
Vedanta Resources Ltd., owned by Indian billionaire Anil Agarwal, said it's seeking international arbitration to resolve a dispute with the Zambian government about its copper assets in the country.Zambia's government this month began liquidation proceedings against Vedanta's Konkola Copper Mines, after accusing Vedanta of lying about expansion plans and paying too little tax. The company says it...Read More
Gold is finally seeing some bullish momentum as trade ructions escalate, fueling the biggest rally among the top miners in seven months.President Donald Trump's plan to impose a 5% tariff on all Mexican goods over illegal immigration rattled financial markets, boosting the haven appeal of the metal that has been weighed down by the strong dollar. China's threat to blacklist foreign firms it accuse...Read More
A tree-testing method for gold discovery in Australia is holding up against surface and groundwater analysis in at least a few samples and has major...Read full newsRead More
Foreign loans that use minerals as collateral may complicate Zimbabwe's future negotiations with foreign creditors to restructure its $8.8 billion debt, an International Monetary Fund official said on Monday.Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import Bank (Afreximbank) for miner...Read More
Australia's EcoMag is working on a project to recycle waste-water streams, which are known as bitterns, to extract hydrated magnesium carbonate or HMC.At present, the focus is on the streams generated by Dampier Salt, a sea salt producer mostly owned by Rio Tinto in the Pilbara region.Magnesium is the third most abundant element dissolved in seawater. The first two, sodium and chlorine, are remove...Read More
Jersey-based Royal Road Minerals (TSXV: RYR) announced the closing of the acquisition of Northern Colombia Holdings from Compa???-a Kedahda, an affiliate of AngloGold Ashanti (JSE: ANG) (NYSE: AU).In a press release, Royal Road explained that NC Holdings, through its subsidiaries, owns Exploraciones Northern Colombia, which holds or has rights to a title package comprised of mining concession agre...Read More
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - May 30, 2019) - Investorideas.com, a global investor news source covering mining stocks releases a snapshot looking at the recent developments in the African Gold mining sector, specifically in Tanzania. In Tanzania, revenues fromRead full newsRead More
A tree-testing method for gold discovery in Australia is holding up against surface and groundwater analysis in at least a few samples and has major...Read full newsRead More
The third wave of digitalization is taking the mining industry by storm. Not everyone is riding on top of the highest wave, but instead trying to settle on their surfboards and figuring out how to go forward. For example, do age, connectivity and heterogeneity of the fixed plant assets restrict the speed, and what is there to gain? Are autonomously optimized equipment, high asset availability an...Read 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 Canadian Insider Index initially made an attempt to move above 1100 but quickly renewed its downward slide. The Index closed at its lowest point since late January, falling 0.9% or 10.6 points to 1078.56.MACD fell 0.9 to -2.93. RSI fell 1.35 to 27.33. And here, we note...Read More