Azimut Exploration and SOQUEM, a subsidiary of Ressources Qu?(C)bec, have signed the final agreement of their expanded strategic alliance, previously announced on Feb. 25.The alliance comprises nine gold and copper-gold major properties totalling 7,149 claims with a surface area of 3,277 sq. km. The properties are located in the prospective Eeyou Istchee James Bay and Nunavik regions of Quebec. Th...Read More
Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador demonstrate they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada last fall and highlights from the tests released today show a 72% gold extraction average for -25 mm crush size from the Leprechaun de...Read More
Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador demonstrate they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada last fall and highlights from the tests released today show a 72% gold extraction average for -25 mm crush size from the Leprechaun de...Read More
Fossil fuel never had a better friend in the White House than Donald Trump. So why, two years into his presidency, are investors favoring public companies devoted to renewable energy and giving the Bronx cheer to the coal, gas and oil crowd?Trump campaigned against the scientific consensus on climate change and promised to repeal any regulation that impeded the exploration, drilling, mining and bu...Read More
A plan to build Zimbabwe's biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions.The African Export-Import Bank has the mandate to raise money for the mine, a joint venture between Russian and Zimbabwean investors. While the bank provided $192 million of it...Read More
Ontario's government is working for the people by investing in Manitoulin's local aquaculture industry, creating four full-time jobs."We're helping local businesses create good jobs and do work that supports Manitoulin's growing aquaculture industry," said Greg Rickford, Minister of Energy, Northern Development and Mines. Ontario is investing more than $1.2 million in three businesses: John O Food...Read More
Aurubis AG, Europe's largest copper producer, on Wednesday confirmed a reduced full-year earnings forecast on weak market environment and plant shutdowns, while posting a slump in its quarterly earnings.Aurubis expects operating pre-tax earnings (EBT) in its 2018/19 fiscal year to fall "significantly" by more than 15% compared with the previous year. The copper producer in February had forecast fu...Read More
The world's top platinum miners are bracing for a fresh round of negotiations with South African workers as a rise in producer profits is likely to provoke higher wage demands from labour unions including the militant AMCU.Higher prices for palladium and rhodium and a weaker rand currency have boosted profits at miners such as Anglo American Platinum (Amplats), Sibanye-Stillwater, Impala Platinum...Read More
"Sirona Biochem Receives Positive Clinical Results of its Skin Lightening Compound TFC-1067 from China -- #SironaBiochem $SBM $SBM.CA $SBM.V @SironaBiochem #health #Skinlightening --Read the News Release here: https://t.co/4GLQorRJX1"Read full newsRead More
Currie Rose Resources (TSXV: CUI) received this week the approval of its notice of work permit application, which allows the company to start drilling at its Rossland gold project in southern British Columbia.In a press release, the Toronto-based miner said that the upcoming drill campaign is based on a review of all exploration data within the project.Besides gold, historical records identify sig...Read More
The Dubai Multi Commodities Centre and the China Gems and Jade Exchange signed a memorandum of understanding to create new trading opportunities between the United Arab Emirates and China.The China Gems and Jade Exchange is a national-level gemstone trading platform approved by the State Council of China.In a press release, the parties explained that the idea is to connect buyers and sellers of g...Read More
China's crude oil throughput rose in April to match record daily levels, go...Read full newsRead More
Near 17% decline in Chinese car sales in April - the 11th monthly drop in a row - compounds impact of Washington-Beijing trade salvoes.Read full newsRead More
The biggest mining companies say they are well positioned to provide the metals needed for the shift to EV technology.Read full newsRead More
No decision will be made until the end of 2020, when the company expects to have completed a study on the Jadar, which is estimated to contain 10% of the world's lithium reserves.Read full newsRead More
Top global miner tells investors it can mine potash for only $100 a tonne at $7 billion Saskatchewan fertilizer project.Read full newsRead More
Canada's Ivanhoe Mines (TSX:IVN) said Tuesday it's ready to start building its first two copper mines in the Democratic Republic of Congo and significantly advance a third project after partner Zijin Mining Group added an additional C$67 million (about $49m) into the Canadian company's coffers.Zijin, China's No.1 gold producer and Ivanhoe's partner in the now massive Kamoa-Kakula copper project...Read More
As Coast Salish People, we cannot allow any mining operations in the Skagit River Headwaters because we must restore our salmon and preserve the rights of all those for whom salmon are a cultural lifeblood.Read full newsRead More
The U.S. stock markets sure feel inflectiony, at a major juncture. After achieving new all-time record highs, sentiment was euphoric heading into this week. But those latest heights could be a massive triple top that formed over 15 months. Then heavy selling erupted in recent days as the U.S.-China trade war suddenly went hostile. The big U.S. stocks just-reported Q1'19 fundamentals will help dete...Read More
While gold undeniably has a place in just about any portfolio at the moment, there are two metals in particular that may be even more defensive for new investors: palladium and copper. Palladium is sometimes overlooked as an investment, but its ubiquity in the electronics industry makes it a sound choice; copper, meanwhile, shows all the signs of being a quintessential metal to add to a mining por...Read More