Following months of speculation on its ability to buy new assets, Canadian miner Hudbay Minerals (TSX, NYSE: HBM) announced today it has completed the acquisition of all of the issued and outstanding common shares of Mason Resources (TSX:MNR) it did not already own. Each common share was bought at a price of C$0.40.The transaction was closed for about C$31 million, as Hudbay took over the remainin...Read More
Global gold production may be entering its fifth "peak gold" period in modern history, and gold mining in Quebec provides opportunity.Read full newsRead More
"$WAAS - AquaVenture Holdings Ltd (WAAS) CEO Doug Brown on Acquisition of Pure Health Solutions, Inc. Conference Call (Transcript) https://t.co/BNalypgPDV"Read full newsRead More
Jeffrey Christian is the managing partner of CPM Group, a commodities research and management, consulting and financial advisory firm in New York. He founded the company in 1986, spinning off the Commodities Research Group from Goldman Sachs & Co., and its commodities trading arm, J. Aron & Company. Christian is an expert on precious metal markets and took time to speak with The Northern Miner abo...Read More
The U.S. stock market continues to implode. At the same time, precious metals, bitcoin, and the Indian stock market are acting as superb safe havens.Please click here now. Double-click to enlarge this great short term gold chart.Note the positive bounce from buy-side support at $1237, and the inverse H&S bottom pattern. A fresh rate hike from the Fed tomorrow could crush the stock market again...Read More
The great Burl Ives once sang, "Silver and gold, silver and gold, everyone wishes for silver and gold."Ives was singing as a snow man to Rudolph the Red-Nosed Reindeer at the time, but he might as well have been crooning to the stock market.Minerals are a staple that almost every investor considers adding to their portfolio. Like oil and gas, gold, silver and copper will continue to be bought and...Read More
Our forecast and expectaion of a major bull market in Gold, gold stocks and many commodities depends on a bear market occuring in the industrial stock market. That would include stocks in the Dow Averages and S&P 500. Our analysis suggests that a bear market is happening right now. For gold and mining stock investors that is good news. We suggest that you visit Montrealanalyst.com for the latest...Read More
Petropavlovsk has lowered its guarantee under the new $240 million Gazprombank package from $204 million to $160 million.IRC had borrowed $340 million from ICBC to build the K&S iro...Read More
The Teledyne Mine portal near the historic Cobalt Mining Camp in northeast Ontario. Source: LiCo Energy Metals Inc.LiCo Energy Metals Inc. [LIC-TSXV; WCTXF-OTCQB; 43W2-FSE] said Wednesday December 19 that it is hoping to raise $500,000 for exploration on its property portfolio from a non-brokered private placement offering of flow-through and non flow-through units. The proceeds from the flow-thro...Read More
Mineral projects of Canada Cobalt Works Inc.Canada Cobalt Works Inc., [CCW-TSXV; CCWOF-OTCQB; 4T9B-FSE], a company that is actively exploring in the historic Cobalt, Ontario camp, has reported a new gold discovery east of its flagship Castle propertyThe company says step-out drilling, 1.5 km east-northeast of the Castle property, has intersected an apparent syenite-hosted gold system.Two widely-sp...Read More
Exploring a high-grade quartz breccia zone on White Metal's Williams property in central Newfoundland. Source: White Metal Resources Corp.White Metal Resources Corp. [WHM-TSXV] said Wednesday December 18 that it has entered into an option agreement with Sokoman Iron Corp. [SIC-TSXV] to acquire by option a 100% stake in the Startrek gold property in central Newfoundland.White Metal said the Startre...Read More
December 19, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of $2,783,480 (the "Private Placement"). The Private Placement consisted of the issuance of 4,905,899 units of the Company (the "Units") issued at a price of C$0.15 per Unit, with each Unit consi...Read More
As a new year approaches, The Northern Miner runs down 15 of the most interesting new mines scheduled to begin production in 2019.The processing plant under construction at Lundin Gold's Fruta del Norte gold mine in southern Ecuador in November 2018. Credit: Lundin Gold.Fruta del Norte (gold)Lundin GoldThe Fruta del Norte saga has been as dramatic as any in the industry. In 2006, Aurelian Resourc...Read More
Largo Resources (TSX: LGO; US-OTC: LGORF) drilled 24 holes totalling 4,223 metres during phase two drilling at its Novo Amparo Norte (NAN) vanadium deposit. The deposit lies 6.5 km north of Largo's Campbell pit at its Maracas Menchen vanadium mine in Bahia State, Brazil. NAN is the northernmost zone of known mineralization at the project.Highlights from the program's first 20 holes include: 1.18%...Read More
Jon Hykawy is the president and director of Stormcrow Capital. He is a research scientist and expert in lithium, the rare earths, fluorspar and tin. Originally training as a physicist, he has gone on to do technical work with rechargeable batteries, fuel cells and solar and wind power. He recently spoke with The Northern Miner about his outlook for battery metals in 2019.The Northern Miner: Before...Read More
I wanted to offer you some highlights from our premium publications from the year that was.Combined, over 20,000 of you now receive our paid research.The most new members joined Wall Street's Underground Profits. Readers of that publication closed a big win on Bitcoin Cash this year - before crypto imploded. They made 62% on an international copper buyout. And they closed a 371% position on spinou...Read More
A major new market is about to rapidly open up in the recreational marijuana industry.New York looks like it'll be the next state to fully legalize, and it is going to be a big deal.For some perspective, it has half the total population of California, and a bit more than half the population of all of Canada.But when you take a look at the bigger picture, this is just a drop in the bucket for what...Read More
There have been no details released on the pricing multiple paid by Potentia or even how large a stake it bought.Micromine, among the world's largest privately-owned mining software and technology companies in a fragmented market, produces geological exploration, data management, resources estimate, three-dimensional mine design, planning and production control solutions.Potentia is a Sydney-...Read More
Australian gold miner Newcrest Mining Ltd has raised its holdings in Ecuador gol...Read full newsRead More
BUTTE, Mont. (AP) - One man's trash is another man's gold.Read full newsRead More