Toronto-based Eastmain Resources reports the results for the last three drill holes completed in 2018 at the Percival discovery. Percival is part of the company's 100% owned Clearwater gold project in the James Bay area. The deposit is only 14 km from the Eau Claire gold project where pre-development activities are occurring.The Percival discovery is only 14 km from the 1.3-million-oz. Eau Clair...Read More
Goldplay Exploration Ltd. (TSXV:GPLY) (Read full newsRead More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
MineHub Technologies and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain - from mine to end buyer.Goldcorp Inc. (TSX: G), ING Bank (NASD: ING), Kutcho Copper Corp. (TSXV: KC), Ocean Partners USA Inc. and Wheaton Precious Metals Corp. (T...Read More
"Enforcer Gold And SOQUEM Report Initial Results From The Phase 2 Drilling Program At The Roger Gold-Copper Project, Quebec @EnforcerGold https://t.co/FDXtwLKX8q"Read full newsRead More
Vancouver-based WPC Resources Inc. (TSXV: WPQ) announced on Wednesday that effective January 18, 2019, the company will change its name to Blue Star Gold Corp.Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada. Through its subsidiary, Inukshuk Exploration Inc., the company will own the 8,015 hectare Hood River g...Read More
Vancouver-based WPC Resources Inc. (TSXV: WPQ) announced on Wednesday that effective January 18, 2019, the company will change its name to Blue Star Gold Corp.Blue Star will be a Vancouver-based gold and silver exploration company focused on mineral exploration and development in Nunavut, Canada. Through its subsidiary, Inukshuk Exploration Inc., the company will own the 8,015 hectare Hood River g...Read More
"#Europeanrecession2019: The euro-area industrial production report was downright ugly. We haven't seen a decline like this since the height of the Eurozone crisis."Read full newsRead More
Chile's nuclear watchdog CCHEN is considering an investigation into potential fraud after an audit found that the agency for decades failed to properly record exports of ultralight battery metal lithium, documents obtained by Reuters show.The internal review found "significant errors" in CCHEN's accounting of the sales of the world's top lithium producers Albemarle Corp and SQM (SQM_pb.SN) between...Read More
"#China injects record funds into money markets before holidays. The People's Bank of China pumped in a net 560 billion yuan (whopping $83bn) into the financial system on Wednesday. https://t.co/8UhIkSMoqi"Read full newsRead More
Vancouver-based NorZinc has signed a traditional land use agreement with the Nah?a Deh?(C) Dene Band in Nahanni Butte. The agreement covers the construction and operation of an all season road connecting the Prairie Creek zinc-lead-silver mine and the Liard Highway. The mine is located 200 km west of Fort Simpson.The agreement codifies the Band's support for an all season road. It is supplem...Read More
Vancouver-based NorZinc has signed a traditional land use agreement with the Nah?a Deh?(C) Dene Band in Nahanni Butte. The agreement covers the construction and operation of an all season road connecting the Prairie Creek zinc-lead-silver mine and the Liard Highway. The mine is located 200 km west of Fort Simpson.The agreement codifies the Band's support for an all season road. It is supplem...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) produced 505,000 ounces of gold from its four mines in North America last year and expects a "similar rate of production" this year.The company anticipates production of between 480,000 and 520,000 ounces of gold in 2019 at total cash costs of between $710 and $750 per oz., down 10% from its revised 2018 guidance of $810 per oz., and all-in sustaining costs of be...Read More
Detour Gold Corp. enjoyed a strong fourth quarter - with record output of 158,200 oz. - bringing the 2018 total to 621,128 oz. of gold. The total was 9% more than for 2017.The average mining rate was 56,594 t/d, but Q4 was even better at 305,000 t/d, making it the third consecutive quarter of improvement and the most tonnes mined in a quarter since operations began. The month of December averaged...Read More
Hudbay Minerals' (TSE, NYSE: HBM) second-largest investor, Waterton Global Resource Management, is seeking to oust the Canadian miner's chief executive officer and overhaul its board.The private-equity firm, which holds about 12% of Hudbay, wants to replace eight of the board's 10 members with its own nominees and, as part of its plan, wants former Nevsun Resources CEO, Peter Kukielski, to lead th...Read More
Poland's copper producer KGHM expects an average copper price this year at $6,100-$6,300 per tonne, the company's Chief Executive Marcin Chludzinski said on Wednesday."We refer to lower end of copper price range forecast by analysts and we assume an average copper price at $6,100-$6,300 per tonne. I think this is realistic, today the price has neared $6,000," Chludzinski told Reuters.(Reporting by...Read More
"*INDIA DEC. IMPORTS FALL 2.4% Y/Y*INDIA DEC. EXPORTS RISE 0.3% Y/Y*INDIA DEC. TRADE BALANCE -$13.080 BLN; EST. -$14.500 BLN*INDIA'S DEC. GOLD IMPORTS AT $2.57B, DOWN 24.3% Y/Y"Read full newsRead More
Tech company Micromine announced the launching of a new underground mining precision performance software that uses machine learning to refine loading and haulage processes. The program is part of the company's fleet management and mine control solution, Pitram, as was initially designed by a master's student at the University of Western Australia.In a press release, Micromine said that by using t...Read More
Precipitate Gold (TSXV: PRG) and Everton Resources signed the final papers through which Precipitate acquired ownership of all of Everton's Dominican Republic exploration concessions, consisting of Pueblo Grande project, adjoining Barrick and Goldcorp's Pueblo Viejo gold-silver mine, and the Ponton project, located 30 kilometres east of Pueblo Grande."We are pleased to have completed our due dili...Read More
Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) on Wednesday reported record gold production in 2018 of 953,504 ounces, a figure the company says was near the top end of the revised guidance of between 920,000 and 960,000 ounces.This is the 10th consecutive year the Vancouver-based miner achieves record annual production, with output this time climbing 51%, thanks to the contribution of its...Read More