Takeover target Lynas Corp Ltd on Tuesday reported a 32.5 percent rise in production of rare earths oxides during the quarter, as it fends off a takeover offer from retails-to-chemicals conglomerate Wesfarmers Ltd .Output of rare earths oxides (REO) in the quarter ending March 31 was 5,444 tonnes, compared with 4,110 tonnes produced last year.Production of NdPr, or neodymium-praseodymium, rose 19....Read More
Shares in silver producer Hecla Mining (NYSE:HL) fell on Tuesday after it became public that a judge in the US state of Montana overturned the water permit approval for the company's proposed Rock Creek mine.The licence would have allowed Hecla to pump groundwater to supply the proposed copper and silver mine in the Cabinet Mountain Wilderness, an area of glaciated peaks and valleys that take thei...Read More
A report recently published by Future Market Insights predicts that the mining flotation chemicals market will reach $10 billion by 2020.Mining flotation chemicals help a certain desired mineral float out from the rock surface during the ore beneficiation process. Given that different minerals have different surface flotation characteristics, there is a variety of corresponding chemicals that prom...Read More
During a trade mission to Sierra Leone that involved a group of 29 international diamantaires and jewelers, Martin Rapaport, Chairman of the Rapaport Group, presented a proposal to the government of Sierra Leone that he believes would optimize the country's diamond industry.In a media statement, Rapaport said the proposal includes a systematic and sustainable business model that "will optimize the...Read More
April 15 (Reuters) - Chifeng Jilong Gold Mining Co Ltd : * SAYS IT PLANS TO BUY JILIN HAN FENG MINING TECHNOLOGIES VIA SHARE ISSUE, SHARE TRADE TO HALT FROM APRIL 16 Source text in Chinese: http://tinyurl.com/y43mo4h7 ...Read full newsRead More
". @revivalgoldinc will be at Mining Journal Select on 25th - 26th June 2019, London, United Kingdom #MJSelect #MJS #Aspermont"Read full newsRead More
Hudbay Minerals' (TSX, NYSE: HBM) second-largest investor, Waterton Global Resource Management, has filed a lawsuit against the Canadian miner in a bid to constrain its ability to solicit proxies.Waterton alleges that the company's management information circular in respect of its annual and special meeting of shareholders to be held on May 7, 2019 contains misrepresentations.The private-equity fi...Read More
In the latest edition of Canadian Insider Insights, we assess what slumping insider sentiment means for the broad market as well as pot stocks. Importantly, as we head into summer, we expect stock selection will play an outsized role in delivering performance for investors. Meanwhile, our insider of the week comes from the junior mining group where many eyes are focused on the James Bay area in Q...Read More
Lundin to pay up to US$1-billion for Chapada gold copper mine in BrazilRead full newsRead More
April 15 (Reuters) - Chifeng Jilong Gold Mining Co Ltd : * SAYS IT PLANS TO BUY JILIN HAN FENG MINING TECHNOLOGIES VIA SHARE ISSUE, SHARE TRADE TO HALT FROM APRIL 16 Source text in Chinese: http://tinyurl.com/y43mo4h7 ...Read full newsRead More
Vancouver, BC -World Class Extractions Inc. ("World Class") (CSE: PUMP) andQuadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron") are pleased to announce that they have entered into an arrangement agreement providing for the merger of the companies (the "Agreement").Summary of the ArrangementPursuant to the Agreement, World Class has agreed to acquire, through a wholly-owned subsid...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to announce assay results for the last drill holes from the winter 2019 drilling program. Drill hole LE19-12 was collared 75m to the west of the discovery section and intersected 8.5m of 3.2% U3O8, 2.1% Ni and 0.2% Co, including 1.0m of 14.3% U3O8 and 1.1% Ni. The final drill hole of the prog...Read More
"5 Top Weekly TSXV Stocks: Aguia resources up and last week's other top-gaining stocks on the TSXV:https://t.co/tvb3L7jLqV #TSXV #juniormining #exploration #investing"Read full newsRead More
"5 Top Weekly TSX Stocks: Lydian leaps on amulsar ruling. See who were the other top gainers on the TSX last week at https://t.co/bolxB0buIE #TSX #mining #investing"Read full newsRead More
In its fourth joint-venture deal in Nevada over the last six months, OceanaGold (TSX: OGC; ASX: OGC) will invest US$4 million for the next four years to earn a 51% stake in American Pacific Mining's (CSE: USGD; US-OTC: USGDF) Tuscarora gold project.OceanaGold's other three joint ventures are with Bravada Gold (TSXV: BVA) on its Highland project in Nevada's Walker Lake district, and with Renaissanc...Read More
The big picture fundamentals for precious metals have been trending more bullish in recent months as expectations for the Federal Reserve went from a few rate hikes in 2019 to an expectation of a rate cut within the next 12 months. That is aligned with the peak in the 2-year yield and growing concerns over slowing growth globally.However, that doesn't preclude a temporary improvement in the econom...Read More
Investors often spend hours of every week hovering over their holdings, fretting about short-term moves in the market or biting their nails every time a worrisome headline comes out that could impact one of the stocks in their portfolio.Short-term volatility is to be expected, but investors who employ a buy-and-hold approach and own industry-leading stocks with strong businesses and long-term grow...Read More
Tropical Cyclone Veronica disrupted Pilbara mining and shipping for several days last month and caused some damage to the Cape Lambert A port facility.Read More
Sokoman's Moosehead Project in Newfoundland. Source: Sokoman Minerals Corp.Sokoman Minerals Corp. [SIC-TSXV; SICNF-OTC] shares were active Tuesday April 16 on news that the junior has applied for permits to drill on a Newfoundland property that it has optioned from Metals Creek Resources Corp. [MEK-TSXV; MCREF-OTC].Metals Creek said it has been advised that Sokoman is planning to drill this year o...Read More
The Blackwater Project 150 km south of Vanderhoof, British Columbia. Source: New Gold Inc.New Gold Inc. [NGD-TSX, NYSE American] got a boost Tuesday April 16 amid news that its $1.8 billion Blackwater gold project in British Columbia has been given a green light by the Federal Government of Canada.In a decision statement issued under the Canadian Environment Assessment Act, the Ministry of Environ...Read More