White House sanctions on Saudi individuals "not enough" in response to Khashoggi's death, say Senators.Read full newsRead More
Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK), a gold royalty company with a portfolio centered on the Spring Valley Gold Project in Nevada, has reported that Waterton Global Resource Management, the project's owner/operator, is drilling on the property. The company first reported the drilling on October 31, and followed up on November 13 with more details.The royalty company noted that Waterton is...Read More
GE is a company facing a classic liquidity squeeze. What is Plan B if asset sails don't work fast enough?Read full newsRead More
Macarthur Minerals Ltd (TSXV:MMS) (the "Company" or "Macarthur Minerals") is pleased to announce it has closed the second and final tranche of the non-brokered private placement (the "Offering") as originally announced on August 16, 2018.Read full newsRead More
Canadian miner Lundin confirmed on Friday it was cutting 106 jobs at its Candelaria copper mine in Chile to "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.The job cuts represent less than 2 percent of the operation's workforceIn a statement sent to Reuters, the company said the job cuts represented less than 2 percent of the operation's workforce,...Read More
Deer Horn Capital (CSE:DHC) (the "Company" or "Deer Horn") announces that it has now completed a 1st tranche closing of its previously announced private placement and has issued a total of 400,000 units for aggregate gross proceeds of $80,000.Read full newsRead More
"Our 2018 World Risk Report gives investors a clear insight into the risks facing miners in different jurisdictions. Learn more about it and see what has changed since 2017 here: https://t.co/nnscYZYjIT"Read full newsRead More
EBITBRAH is the leader in finance-related durable goodsRead full newsRead More
Ontario's Government for the People is supporting Northern Ontario's digital economy sector by investing in world-class software that will help businesses grow.Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced new investments of $645,000. This includes $500,000 for Canadian Bank Note Company to develop Bingo Management System software...Read More
Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More
Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More
JOHANNESBURG - South Africa's cash-strapped power utility Eskom said on Friday it had revised its coal strategy to focus on contracts that offer long-term, fixed prices and security of supply as it faces possible power outages and low stockpiles of the fuel."Eskom's long-term coal strategy has been revised to revert Eskom's coal supply to dedicated long-term coal contracts for the life of the stat...Read More
The World Gold Council has published an update to its Guidance Note on all- in sustaining costs (AISC) and "all- in costs", which was first issued in June 2013.The Council worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold. These non-GAAP measures are intended to provide furthe...Read More
The World Gold Council has published an update to its Guidance Note on all- in sustaining costs (AISC) and "all- in costs", which was first issued in June 2013.The Council worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold. These non-GAAP measures are intended to provide furthe...Read More
RYE, N.Y. -- (Business Wire)The Board of Trustees of the GAMCO Global Gold, Natural Resources & Income Trust (NYSE American:GGN) (the "Fund") approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees announced cash distributions of $0.05 per share for each of January, February, and March 2019.The distribution for January 2019 will be payable on January...Read More
Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More
Ontario-based White Metal Resources Corp. (TSXV: WHM) is growing its recently acquired Williams Gold property, located in central Newfoundland, where a gold rush seems to be taking place.In a media statement, the junior explorer announced that it has staked an additional 50 claim units totaling 1,250 hectares near the project and south of the former producing Beaver Brook Antimony mine.In detail,...Read More
OceanaGold (TSE: OGC) is interested in buying Bravada Gold Corporation's (TSXV: BVA) low-sulfidation Highland gold/silver project, located within the Walker Lane Gold trend in western Nevada, USA.Both companies have signed a letter of intent which stipulates that Oceana has until December 15, 2018, to accept the opportunity of earning up to 75% interest in the project.In detail, Oceana may earn a...Read More
OceanaGold (TSE: OGC) is interested in buying Bravada Gold Corporation's (TSXV: BVA) low-sulfidation Highland gold/silver project, located within the Walker Lane Gold trend in western Nevada, USA.Both companies have signed a letter of intent which stipulates that Oceana has until December 15, 2018, to accept the opportunity of earning up to 75% interest in the project.In detail, Oceana may earn a...Read More
Komatsu America Corp., a leading global heavy equipment manufacturer today announced the FrontRunner Autonomous Haulage System (AHS) has achieved the unprecedented milestone of more than two billion tons of surface material moved autonomously. The FrontRunner system has now hauled more than all other commercial mining autonomous haulage systems combined.Since its first commercial deployment in 200...Read More