Searchlight Resources Inc. (TSXV:SRCH) (Read full newsRead More
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Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018 exploration at its JOY copper-gold project in north-central B.C.'s Toodoggone region.Hudbay Minerals (TSX: HBM; NYSE: HBM) funded the $2.5 million exploration program. It also spent $1.15 million in 2018 to help Amarc acquire un...Read More
Amarc Resources (TSXV: AHR; US-OTC: AXREF) has identified five clusters of drill ready targets that cover areas ranging from 1.5 sq. km to more than 5 sq. km during 2018 exploration at its JOY copper-gold project in north-central B.C.'s Toodoggone region.Hudbay Minerals (TSX: HBM; NYSE: HBM) funded the $2.5 million exploration program. It also spent $1.15 million in 2018 to help Amarc acquire un...Read More
MICROMINE has joined an elite group of mining software and machinery providers to offer technology solutions integrated with the International Rock Excavation Data Exchange Standard (IREDES).The global mining software provider headquartered in Western Australia, is among nine companies globally to integrate its products with IREDES, which was developed by industry, for industry, to streamline data...Read More
Last week, more than 200 leaders in the Latin American mining industry met in Santiago, Chile for Digitalization in Mining - Through the Rock. The 2-day summit, hosted by Sandvik, focused on leading-edge mining technology, and the digitalization journey contemporary mines face."Digitalization is helping companies to grow and optimize their operations," said Patricio Apablaza, Vice President, Sales...Read More
".@jacquelinemh85 interviewed Harmony #Gold CEO Peter Steenkamp in Randfontein this week, read their wide-ranging chat here ($): https://t.co/JIxbsllDU2 $HMY"Read full newsRead More
PARIS - ArcelorMittal, the world's largest steelmaker, said on Tuesday it was "absolutely critical" that Europe protect itself with measures to restrict imports of steel and remedy weaknesses in its existing system.The European Union imposed provisional safeguards in July combining quotas and tariffs to counter steel flooding into the market after U.S. President Donald Trump hit U.S. steel impor...Read More
London/Washington DC: TechMet Limited, a private industrial company that is building controlling or significant minority positions in world-class projects across the technology metal supply chain, today announces the appointment of Admiral Michael Mullen as Chairman of its Advisory Board.Admiral Mullen was the Chairman of the Joint Chiefs of Staff of the United States (2007-2011) and principal mil...Read More
Last month, we suggested the gold market faced one of two scenarios. The first was the case where the Fed came to the conclusion this month that it would have to stop tightening. The second was the scarier situation where the Fed continued to press ahead with its tightening mantra until something broke, such as the stock market.Based on recent comments by FOMC chairman Jerome Powell, the Fed seem...Read More
Australian gold miner Newcrest Mining (ASX:NMC) is betting big on Chile's geological gold potential by closing two deals with exploration juniors in the South American country, the world's top copper producer.The Melbourne-based company kicked off the week by signing an option agreement with Canada's Cornerstone Capital (TSX-V:CGP), which could result in the gold miner acquiring up to a 75% int...Read More
Some of the world's biggest fossil-fuel producers are calling on taxpayers to help them kick their pollution habit.The world's biggest oil, natural gas and mining companies are stepping up their campaign to deploy carbon capture and storage, or CCS, as way to slow global warming. But with a potential $90-billion-a-year price tag, it's too rich for them to do it on their own.The technology siphons...Read More
GABORONE - Mowana Mine, Botswana's only operating copper mine, has suspended operations due to working capital constraints which has seen the company fail to pay salaries and suppliers, it said on Tuesday.Mowana had a conditional $4 million working capital facility from Fujax Minerals and Energy Limited, from which it had drawn down $1 million.Copper prices on the international market have been re...Read More
Lithium Australia (ASX: LIT) announced today that it has expanded its holdings in Western Australia by completing the formalities on an option over the Youanmi lithium project, located in the Archean Yilgarn Block, 450 kilometres north-east of Perth.In a media statement, Lithium Australia said that the project consists of three exploration licences that were secured through completion of a binding...Read More
Despite gold firming of late, silver continues to languish at below US$15 per ounce, triggering considerable speculation that the white metal may never recover. This has had a sharp impact on primary silver miners, causing many to fall substantially in value since the start of 2018. While the poor outlook for the white metal bodes poorly for many silver miners, it shouldn't deter contrarian invest...Read More
The recent stock-market selloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of a quick rebound higher is strangling euphoric sentiment, spawning self-reinforcing selling pressure. Scoffed at a few months ago, the notions that a young bear market is underway and a recession looms are gaining traction. The great beneficiary of this ominous stoc...Read More
I chuckle when the hedge fund algos grab onto "positive" trade war headlines and trigger a sharp spike in stock futures. Settlement of the trade war between the Trump Government and China will do nothing to prevent a global economic recession - a recession which will likely deteriorate into a painful depression. The Central Bank "QE" maneuver was successful in camouflaging and deferring the sy...Read More
Cadence CEO Kiran Morzaria reportedly implied to those on the call Bacanora would raise cash at 25p (US31.5c), which would have been a discount to the share price at Friday's market close....Read More
The company said Monday it continued to work with the local and national governments to resolve the situation and remained cautiously confident the Ministerio Público and local police would enforce the rule of law. Until such time, operations might remain suspended, Aura said."We are obviously extremely disappointed and frustrated that we have experienced another invasion from a small numbe...Read More
Share this articleEDMONTON - Alberta is looking for someone to build a new oil refinery, but Premier Rachel Notley says any deal needs to work for both industry and taxpayers."The project must make sense for Alberta," Notley said Tuesday. "It must have a return on investment for Albertans, and it must diversify the way we use the energy resources that we as Albertans all own."Notley announced the...Read More