Purepoint Uranium Group says it has finished the initial fieldwork at the Hook Lake joint venture. The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district, between Fission's Triple R deposit and NexGen's Arrow deposit.Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).W...Read More
Rio Tinto said on Tuesday it will join a World Bank initiative intended to help developing countries sustainably mine lithium, cobalt and other minerals critical to the global electrification trend.Rio's participation in the program, known as Climate-Smart Mining and set to launch in May, comes as miners face increasing pressure from investors and non-governmental organizations to make supply chai...Read More
"Mining Journal Select returns on the 24th - 25th June 2019 in London! Exceptional #investment opportunities selected by Mining Journal #MJSLondon #MJS #Investment"Read full newsRead More
Brazil's spate of iron ore mine and tailings dam calamities are proving a game-changer for global iron ore pellet feed markets, according to the developer of a proposed new $1.5 billion magnetite iron ore pellet project near Broken Hill.Addressing the first day today of the two-day Paydirt 2019 South Australian Resources and Energy Investment Conference in Adelaide, Carpentaria Resources' Managing...Read More
PT Amman Mineral Nusa Tenggara, which owns the second-largest copper and gold mine in Indonesia, is weighing an initial public offering that could raise as much as $600 million, according to people familiar with the matter.The company is working with advisers to list in Jakarta as early as the fourth quarter, said the people, asking not to be named as the information is private. The firm also owns...Read More
India's Adani Enterprises has taken a step closer to the construction of a controversial thermal coal mine in Australia after winning federal government approval for its groundwater management plan.Adani wants to develop the Carmichael coal deposit in Queensland state, but has faced fierce environmental resistance that has turned the project into a political hot potato ahead of a federal election...Read More
Shares in Canada's Stornoway Diamond Corp. (TSX:SWY) fell on Tuesday after it announced that it would halt operations at its Renard 65 open pit mine, in the Canadian province of Quebec.The company transitioned Renard, Quebec's first diamond mine, primarily underground operations in August last year, but mining the pit had continued until now.Current ore stockpiles at Renard 65 are sufficient to...Read More
Ivanhoe Mines (TSX: IVN) issued a media statement this week saying that a few of the company's top executives met with F?(C)lix Tshisekedi, the recently-elected President of the Democratic Republic of Congo, and updated him on the progress being made in the development of the Kamoa-Kakula copper project and the Kipushi zinc project.Kamoa-Kakula, a joint venture between Ivanhoe, Zijin Mining Group...Read More
Niger's Ministry of Mines issued a letter supporting the negotiations between Canada's GoviEx Uranium (TSXV: GXU) and the country's federal government regarding the Madaouela uranium project.Although final documents on their commercial understandings are yet to be signed, the Vancouver-based miner and country authorities have agreed that the Government of Niger will acquire a 10% working interest...Read More
Greenstone Gold Mines, a 50/50 joint venture between Canadian miners Centerra Gold (TSX:CG) and Premier Gold (TSX:PG), has kicked off a core and reverse circulation drilling program at its Hardrock project in southern Ontario.The company, which received the province's final approval for the proposed gold mine last month, aims to develop an open pit operation that could be in production for almost...Read More
VANCOUVER, BC / ACCESSWIRE / April 8, 2019 / Ximen Mining Corp. (TSXV:XIM, ", Ximen", or the ", Company", )) announces that it has entered into an...Read full newsRead More
Anglo American's De Beers said Tuesday it saw rough diamond sales value jump about 10% in the third sales cycle of the year on the back of stable demand.The world's top diamond producer by value, which reports on 10 sales cycles each year, sold $575 million in its third sales cycle of this year, the highest since the fifth cycle of 2018, when it recorded $581 million.Chief executive Bruce Cleave...Read More
LONDON, April 8, 2019 /PRNewswire/ -- This is a story that began over 2,000 years ago when the Romans uncovered $16.8 billion in gold...Using only hammers...Read full newsRead More
TORONTO, April08, 2019(GLOBE NEWSWIRE) -- HARTE GOLD CORP. ("Harte Gold" or the "Company") (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announ...Read full newsRead More
Earlier this year, Filo Mining (TSXV: FIL; US-OTC: FLMMF) unveiled a prefeasibility study (PFS) for its Filo del Sol copper-gold-silver project, 140 km southeast of Copiapo, Chile, on the border between Chile and Argentina.The study assigns the project a US$1.3-billion, after-tax net present value at an 8% discount rate and a 23% after-tax internal rate of return. It uses metal prices of US$3 per...Read More
The gold miners' stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally. After consolidating high and establishing a sturdy base, the gold miners are likely to soon report greatly-improved first-quarter results. Couple that with gold itself powering higher, and the slumbering...Read More
Investors seeking access to outsized returns should look no further than exploration and development stage precious metals miners. There is a long-established history of those with quality properties, high ore grades, considerable exploration upside and a little bit of luck exploding in value as the market recognizes their earning potential.While many smaller precious metals miners will succumb to...Read More
Every now and then, a stock comes along that has the potential to outstrip the whole of the TSX index. It could be a weed stock, an oil stock, or an outperforming tech stock. Today we'll take a look at a silver stock with the potential to reward traders with some serious upside. It may be going cheap at the moment, but let's take a look at why that might be about to change.Great Panther Silver (TS...Read More
The company claims to be increasingly confident of development, and will appoint financial and legal advisors in the coming weeks to help it assess strategic and financing options emerging fromRead More
The company said it had received a letter from mines minister Hassan Braze Moussa supporting a commercial framework, reached between GoviEx and the government at high-level meetings, intended to rapidly progress the project.Under the key terms, which are yet to be finalised, the government will acquire a further 10% of the project, on top of its 10% free-carried interest, by converting a...Read More