Capstone Mining Corp. (TSX: CS) announced Tuesday it has entered into an agreement to sell its 100% interest in the Minto copper mine to Pembridge Resources PLC (LON:PERE). Capstone has reportedly been working on a sale as early as February 2018.Located about 240km north Whitehorse in Canada's Yukon territory, the Minto mine is currently on care and maintenance. At the time of its suspension in Oc...Read More
Australian mine developer Clean Teq said on Tuesday it was looking to sell a stake in its nickel, cobalt and scandium project in central New South Wales, as it seeks a cornerstone partner to help fund development.The company has tasked Macquarie Capital to run a process to find a partner to buy up to 50% in the Sunrise Battery Materials Complex, in combination with long-term offtake, it said in a...Read More
Japan's Nippon Steel Corp said any move by Washington to impose tariffs on Japanese cars and auto parts will hurt its earnings, but expects less of a direct impact from proposed tariffs on U.S. imports from Mexico.Aiming to curb a surge in illegal immigration, U.S. President Donald Trump said last week he would target all goods coming from Mexico with a 5% tariff from June 10, increasing to 25%, u...Read More
There has been no shortage of fighting talk about Australia's lack of cohesive energy and carbon policies in recent weeks, with the only certainty being the combative rhetoric makes a lasting solution more of a fantasy.Australia is the world's third-biggest exporter of energy behind crude oil heavyweights Saudi Arabia and Russia, thanks mainly to its status as the biggest shipper of coal and lique...Read More
Australian and Malaysian government officials are due to meet later this month, a state mining spokeswoman confirmed and the plan for Lynas Corp's controversial rare earths waste storage in the country is likely to be at the top of the agenda.Bill Johnston, Western Australia's minister for mines, will meet Hon Yeo Bee Yin, Malaysia's energy minister, in Perth on June 20, a ministry spokeswoman tol...Read More
"We are pleased to announce that @FrontierLithium will be presenting on the #MJSelect stage this month! Frontier Lithium is a Canadian junior mining company with the largest land position in the Electric Avenue, the PAK Deposit. #MJS https://t.co/DDClNBMhNC"Read full newsRead More
Monarca Minerals (TSXV: MMN) entered into an option agreement to acquire a 100% interest in the 5,580-hectare San Jos?(C) project located in Chihuahua, northern Mexico.To go ahead with the deal, Monarca will pay a total of $150,000 to the mining concession owners and the agreement includes a 2% Net Smelter Return royalty upon reaching commercial production.In a media statement, the Canadian miner...Read More
Solutions will be implemented to solve long-standing environmental issues associated with waste dumps left behind at the Anaconda copper mine site after the company of the same name shut down operations in 1978 and following Arimetco's takeover and abandonment of the site in 1999.This is according to Quaterra Resources (TSXV: QTA), a Canadian miner that owns the 51-square-mile Yerington copper pro...Read More
Production and sales were down about 20 percent last year at the only active, large-scale gold mine in the Black Hills, according to reports filed with state regulators.Read full newsRead More
May 30, 2019 (Investorideas.com via COMTEX) -- Point Roberts, WA and Delta, BC - May 30, 2019 (Investorideas.com Newswire) Investorideas.com, a global...Read full newsRead More
"$VSR Snapshot | #VanstarMiningResources with $IMG #IAmGold @vanstar_vsr For full 2 pager ??"^???"..#GoldStock #Vanstar $VSR #tsxv #smallcaps #Stockstotrade #stockstowatch #MomentumStocks #Goldmine #Goldstock. #GoldMining #Goldhttps://t.co/VWcdmsd1UE"Read full newsRead More
For Canadian investors who have had to endure years of underperformance versus US stocks, there has been a surprising twist over the past few months. Canadian stocks are broadly beating US stocks as the Sino-American trade war heats up. We discuss this development and more in our latest edition of Insights. You can read the newsletter here and no registration is required. Read More
Montr?(C)al, Qu?(C)bec - June 04, 2019 - Siyata Mobile Inc. (the "Company" or "Siyata") (TSX-V:SIM / OTCQX:SYATF), a leading provider of in-vehicle communication devices, is pleased to announce the Uniden (R) UV350 in-vehicle mounted phablet is FirstNet ReadyTM, making it tested and approved for use with services on the FirstNet communications platform.FirstNet is built with AT&T in a public-pri...Read More
The silver miners' stocks have been pummeled in recent months, plunging near major secular lows in late May. Sentiment in this tiny sector is miserable, reflecting silver prices continuing to languish relative to gold. This has forced traditional silver miners to increasingly diversify into gold, which has far-superior economics. The major silver miners' ongoing shift from silver is apparent in th...Read More
An inverted yield curve has historically been the most accurate indicator of an impending or concurrent recession. The inversion during late 2006 and most of 2007 is a good example. Studies have shown that curve inversions precede a recession anywhere from 6 months to 2 years. I would argue that, stripping away the affects of inflation and data manipulation, real economic activity has been somewha...Read More
Gold was down a couple of dollars to US$1,323 an ounce earlier, while palladium was worth $1,306/oz on the spot market, as macro uncertainties continue.In London, SolGold (LSE: SOLG) has recovered about half the value shed last week, having tumbled on local media reporting Ecuador was moving towards holding a referendum on mining in some areas.SolGold has said there was no indication its tenure wa...Read More
As I write this, the price of gold is trading at $1,330.40 an ounce. This is a big deal.Check out yesterday's high volume action on the SPDR Gold ETF (NYSE: GLD):Gold has been bouncing around $1,300.00 an ounce for the past five years after peaking in 2011. If it can hold this breakout above that resistance, there is a lot of upside.Markets that consolidate for a long time act like a coiled spring...Read More
Colorado School of Mines and Universidad Nacional de San Agust?-n (UNSA) in Arequipa, Peru, are joining forces to tackle one of the most important societal and environmental issues facing communities around the world: How to manage the mining of natural resources in a manner that is sustainable, supportive of local economies and minimizes environmental impacts. The partner universities have est...Read More
Fifteen months ago, Pembridge Resources (LON: PERE) agreed to acquire Capstone Mining's (TSX: CS) Minto mine in the Yukon for US$37.5 million in cash and a 9.9% equity stake in its company.But the U.K.-based company couldn't come up with the money to seal the deal, so Capstone put the copper-gold-silver mine, 240 km north of Whitehorse, on care and maintenance.This week, a new agreement was reache...Read More
LONDON, UNITED KINGDOM - The following is an edited excerpt of Lucara Diamond (TSX: LUC; US-OTC: LUCRF) president and CEO Eira Thomas interviewed by Dean MacPherson, head of business development for global mining at TMX Group, at The Northern Miner's Canadian Mining Symposium held at Canada House in London, U.K., on May 22, 2019.Thomas discusses the big picture for mining companies today, includin...Read More