Great Panther Silver (TSX: GPR; NYSE American: GPL) has increased the measured and indicated resource at its Topia silver-gold-lead-zinc mine in Mexico's Durango state to nearly 15 million silver-equivalent ounces.Despite mine depletion since the last resource estimate was completed four years ago, Great Panther Silver has boosted Topia's measured and indicated resource by 28% to 475,900 tonnes g...Read More
Great Panther Silver (TSX: GPR; NYSE American: GPL) has increased the measured and indicated resource at its Topia silver-gold-lead-zinc mine in Mexico's Durango state to nearly 15 million silver-equivalent ounces.Despite mine depletion since the last resource estimate was completed four years ago, Great Panther Silver has boosted Topia's measured and indicated resource by 28% to 475,900 tonnes g...Read More
TransCanada Corp. hired RBC Capital Markets LLC to sell a stake in the Coastal GasLink project, which would supply a Royal Dutch Shell Plc-led gas-export terminal, as the pipeline faces mounting opposition.If TransCanada moves forward with the sale, joint venture partners in the C$6.2 billion ($4.7 billion) project could end up owning as much as 75 percent of the pipeline, the company said in a fi...Read More
Vedanta Ltd.'s Zambian unit will press ahead with expansion plans even as the government of Africa's second-biggest copper producer increased mining royalties, and has undertaken not to fire any workers."Our actions are designed to sustain and create jobs, grow the economy, and contribute more to the treasury."The assurance by Konkola Copper Mines Plc, following a meeting between management and go...Read More
On the campaign trail, presidential candidate Jair Bolsonaro attacked Brazil's environmental agencies and promised a bonfire of red tape. In office, a catastrophic mining accident is causing a sudden rethink.What we need at this moment is to join forces to create regulation that ensures - first of all - that best dam practices are implemented, and economic questions remain in second placeJust thre...Read More
Brazilian miner Vale SA identified concerns around its tailings dams in 2009 and studied but did not implement several steps that could have prevented or lessened the damage from last week's deadly disaster, according to a corporate presentation seen by Reuters.A tailings dam, used to store the muddy detritus of the mining process, collapsed on Friday, killing at least 65 in one of Brazil's larges...Read More
Brazil - Three employees of Brazilian miner Vale SA and two contractors were arrested on Tuesday, prosecutors said, as a criminal investigation began after a devastating dam rupture expected to leave a death toll of more than 300 people.Vale said it was cooperating with investigators in the case, which has enraged Brazilians and raised fresh questions about the company's commitment to safety after...Read More
The number of miners missing after an earth tremor struck KGHM Polska Miedz's mine near the Polish town of Rudna, 70 miles east of the German border, fell to one from nine, the copper producer said on Twitter on Tuesday.Earlier KGHM spokesperson Anna Osadczuk told Reuters the miners were missing after the tremor hit the mine early this afternoon 770 metres below the earth's surface.Eleven teams to...Read More
The South African government will soon debate whether to split up state power firm Eskom to make it financially viable, Public Enterprises Minister Pravin Gordhan said on Tuesday.Eskom is vital to the health of Africa's most industrialised economy as it supplies more than 90 percent of its power, but it is drowning in debt after a decade of steep financial decline."Should Eskom be unbundled into g...Read More
Nucor Corp handily beat fourth-quarter profit estimates, boosted by hefty tariffs on imported steel, and the company forecast first-quarter 2019 earnings to be stronger despite a fall in sheet prices and margins.Shares of the No.1 U.S. steel producer rose about 3 percent to $60.1 in morning trading on Tuesday, adding to the 14 percent gain so far this year. We posted record earnings per share and...Read More
Samarco Mineracao SA, the Brazilian mining venture that caused an environmental catastrophe in 2015, disclosed that it has been is in advanced debt restructuring talks just days after it's co-owner Vale SA suffered a similar dam rupture that has killed at least 65 people.The distressed joint venture owned by Vale and BHP Group Ltd. had reached a preliminary deal with creditors to restructure its d...Read More
Mongolia is working with overseas investigators to look into claims of corruption at its giant Oyu Tolgoi copper mine, the country's anti-graft body said on Tuesday, after the re-arrest of a former minister suspected of "abuse of power".Bayartsogt Sangajav was first arrested last April and released in June in a probe into 2009 negotiations over the development of the mine, then owned by Canada's I...Read More
Canada's M2 Cobalt Corporation said on Tuesday that its initial drilling indicates that there may be more cobalt in Uganda than previously thought."We are excited so far that in this short time we got really promising results in three target areas," Jennifer Hinton, the firm's director for East Africa operations, told Reuters.Any discoveries would add much-needed diversity in the supply of cobalt,...Read More
After publication of the INK Morning Report this morning, IMV (IMV) released an update on its DPX-Survivac Program following a routine meeting with the FDA.In the release the company reports:the FDA acknowledged the potential for accelerated approvals in advanced ovarian cancer based on objective response rate (ORR) according to RECIST 1.1 criteria with reported median duration of response (DOR)....Read More
Germany's TUEV SUED on Tuesday said two of its employees have been arrested in Brazil as authorities begin a criminal investigation in the wake of a devastating dam rupture in Brazil which has left over 300 people dead.Prosecutors in Brazil arrested three employees of Brazilian miner Vale SA and two contractors tasked with attesting to the safety of the Corrego do Feijao dam. TUEV SUED confirmed i...Read More
The world's largest miner, BHP, (ASX:BHP) is considering whether to appeal an Australian Federal Court's decision related to income derived from its Singapore-based marketing unit, which has left the company with an A$82 million ($59m) tax bill.In November, BHP won the case with the Australian Taxation Office (ATO) in an administrative court, but the Federal Court heard an appeal from the tax aut...Read More
Ontario-based Aura Resources (TSXV: AUU) announced it has entered into a definitive agreement with Vancouver-based Minaurum Gold (TSXV: MGG) and its Mexican subsidiary to acquire an interest in the East Taviche property located in Oaxaca, southeastern Mexico.To acquire an initial 80% interest in the project, Minaurum has to issue 100,000 common shares, reimburse all Taviche project concession fees...Read More
Precious gemstones miner Gemfields has chosen to pay ?5.8 million (about $7.8m) to community members residing near its Montepuez ruby mine in Mozambique, in a "no admission of liability" move that settles a claim of human rights abuses brought against it by locals.Leigh Day, the London-based law firm representing a group of 273 Mozambicans, argued last year that security forces employed by the...Read More
Game of Thrones loses one of its Dark Hedges trees and all that glitters is not gold.Read full newsRead More
Vancouver, BC - Quadron Cannatech Corporation (CSE:QCC) (the "Company" or "Quadron"), is pleased to announce that it has completed the sale of a BOSS CO2 Extraction System ("BOSS") to Ten-10 Ventures Inc. in Kelowna, British Columbia, Canada ("Ten-10").Ten-10 is an applicant under the Cannabis Act and its principals have years of cultivation experience under medical production rules, and global...Read More