SolGold's coveted Ecuadorian copper-gold prospect may be 20 percent bigger than the mining group said earlier this week, its chief executive Nick Mather said on Thursday.SolGold, in which Mather has a near 5 percent stake, said on Tuesday that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017."We think there's still 20...Read More
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia.In September 2018, the company took 708 soil samples at Sunset as well as 68 rock samples and 11 stream sediment samples. The company had previously collected 436 soil samples at Sunset, and a previous operator collected 938 soil samples. As a...Read More
Delrey Metals (CNSX: DLRY) has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in southwest British Columbia.In September 2018, the company took 708 soil samples at Sunset as well as 68 rock samples and 11 stream sediment samples. The company had previously collected 436 soil samples at Sunset, and a previous operator collected 938 soil samples. As a...Read More
An anonymous director reports NORTH AMERICAN PALLADIUM ANNOUNCES NEW COLLECTIVE AGREEMENT RATIFIED WITH UNITED STEELWORKERS WORKERS LOCAL 9422A new three-year collective agreement with North American Palladium Ltd. has been ratified by the members of United Steelworkers Local 9422. The USW represents the production and maintenance workers at the Lac des Iles mine site. The new collective agreement...Read More
Saudi Arabia's King Salman on Thursday inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's gross domestic product by 24 billion riyals ($6.4 billion) and its non-oil GDP by around 3 percent.The kingdom will invest 85 billion riyals in the project, a 440-square-km (150-square-mile) city for mining industries in the northern region, the Ministry of Energy, Indust...Read More
Chilean miner SQM said on Thursday that delays in a project to boost output of lithium from salt flat Salar de Atacama slashed sales volumes of the ultralight battery metal by 27 percent in the third quarter.SQM , the world's No. 2 producer of lithium, said the previously announced delays were partly offset by high prices and 25 percent growth in demand in 2018 on sales to producers of electric ve...Read More
Xinfa Group, one of China's top aluminium smelters, will not have to cut metal production in its home city of Liaocheng this winter and will only have to reduce alumina output by 10 percent for two months, according to city government documents.The measures are much more lenient than during the 2017/18 winter, when China imposed a 30 percent output curb on aluminium and alumina production in 28 no...Read More
Indonesia's environment ministry aims to resolve within two weeks environmental issues that have been holding up the state's plans to acquire a majority stake in Freeport McMoRan Inc's Grasberg copper mine.That deal, where Indonesia and state-owned miner PT Inalum will control a 51.23 percent stake in PT Freeport Indonesia, is expected to end years of wrangling over ownership rights to Grasberg, t...Read More
Copper supply has surprised this year, but not in the way everyone expected.It was supposed to be a year of mine disruptions, with the market anticipating that multiple labour contract expiries would result in at least one strike, and possibly more.In the event there was none.By copper's standards it has been a remarkably smooth year for mine production, leaving analysts struggling to fill the cus...Read More
Mr. John Williamson reportsCAMINO PROVIDES UPDATE AHEAD OF 2019 DRILLING PROGRAMCamino Minerals Corp. is in the process of completing extensive surface exploration on the 20,000-hectare Chapitos copper-gold project, near Chala, southern Peru.Since August, Camino has intensified surface exploration on the Chapitos project, and has commenced planning the 2019 exploration and drilling program. Fieldw...Read More
Shares in miner and infrastructure supplier Mineral Resources (ASX: MIN) went ballistic on Thursday after striking a deal to sell a half-share in its Western Australia-based Wodgina lithium project to battery metals giant Albemarle for $1.15 billion.Under the terms of the exclusivity agreement, the two companies will work to execute a binding transaction by Dec. 14, allowing Albemarle to acquire a...Read More
Shares in miner and infrastructure supplier Mineral Resources (ASX: MIN) went ballistic on Thursday after striking a deal to sell a half-share in its Western Australia-based Wodgina lithium project to battery metals giant Albemarle for $1.15 billion.Under the terms of the exclusivity agreement, the two companies will work to execute a binding transaction by Dec. 14, allowing Albemarle to acquire a...Read More
Mr. Derek White reportsMETALLURGICAL TEST WORK INDICATES VERY HIGH GOLD RECOVERIES AT ASCOT'S PREMIER PROPERTY Ascot Resources Ltd.'s confirmatory metallurgical testwork on six new composites from the Premier/Northern Lights, Big Missouri and Silver Coin deposits produced outstanding gold recoveries over a range of grind sizes utilizing a gravity and leach process.Derek White, president and chief...Read More
Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.In the third quarter, Maverix recorded attributable gold-equivalent ounces sold of 6,195 ounces, and in the nine months ended Sept. 30, the company's total attributable gold-equivalent production reached 15,236...Read More
Precious metals streaming and royalty company Maverix Metals (TSXV: MMX) forecasts it will exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.In the third quarter, Maverix recorded attributable gold-equivalent ounces sold of 6,195 ounces, and in the nine months ended Sept. 30, the company's total attributable gold-equivalent production reached 15,236...Read More
Mineral driller Foraco International (TSX: FAR) today reported a terrorist attack at its camp in Niger's Toumour Village.In a media statement, the company said that at around 2 a.m. Thursday, November 22, a group of terrorists attacked the small building where a Foraco team was sleeping and killed eight people. Five other employees were wounded and two are in serious condition. An unnamed source t...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that it will be releasing its Q3 2018 financials on November 28th, 2018, and will be hosting a conference call to discuss these results on Thursday, November 29th at 9:00 AM EST (6:00 AM PST).The company will hold the conference call on Thursday, November 29, 2018, at 9:00am...Read More
South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More
"How could disruption fundamentally change the extraction, exploration, and #mininginvestment landscape? Read part 1 of the #MiningDisrupted series https://t.co/UwTZQtEkOM https://t.co/XaC6RkuLAz"Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q3 FY18") and nine months ("YTD") ended September 30, 2018."While our revenue growth for Q3 was 24% relative to the comparative quarter last year, I anticipate the year-end annual sales growth to be in the range of 50% to 60%," said Paul Antoni...Read More