U.S. Interior Secretary Ryan Zinke approved a 20-year ban on new mining claims in the towering mountains north of Yellowstone National Park on Monday, after two proposed gold mines raised concerns that an area drawing tourists from the around the globe could be spoiled.Read full newsRead More
OSLO, Oct 9 (Reuters) - Norsk Hydro has won permits from Brazilian authorities to restart half the capacity of its Alunorte alumina refinery, the world's largest, the metals maker said in a statement on Tuesday. Hydro continues its dialog with all relevant authorities to bring Alunorte back to full production and normalize its operations in Brazil.The company last week said it would shut the pla...Read More
Granada Gold Mine Inc. (TSXV:GGM;OTCPK:GBBFF;FRA:B6D) (Read full newsRead More
VIENNA, Oct 9 (Reuters) - The United States has granted more than half of the exemptions to its steel import tariffs that Austrian steelmaker Voestalpine and its customers applied for, the company said on Tuesday.Washington in May announced tariffs of 25 percent on steel imports and 10 percent on aluminium from the European Union, Canada and Mexico.Of the 4,300 product exemptions that the compan...Read More
Mr.Guy Goulet reportsCLOSING OF THE MERGER WITH CERRO DE PASCO, THE SPIN-OFF, THE PRIVATE PLACEMENT AND RELATED TRANSACTIONS AND CHANGE OF NAMEGenius Properties Ltd. and Genius Metals Inc. (SpinCo) have closed a series of transactions involving: The spinoff of substantially all of the assets and liabilities of Genius to SpinCo and the distribution of the shares of SpinCo to shareholders of Genius;...Read More
While it’s open to debate whether President Donald Trump made America great, the 2016 election did produce one undeniable result: it laid the foundation for cannabis-related businesses, thereby dramatically improving profitability potential for marijuana penny stocks.During the general election, a record number of states voted for marijuana legalization to varying degrees. Of those voting st...Read More
Broader coverage and analysis of year-on-year results available in report's second yearRead full newsRead More
MOSCOW, Oct 9 (Reuters) - Eurasian Resources Group (ERG) plans to ramp up cobalt output at its Democratic Republic of Congo (DRC) facility as it expects the electric car industry to boost demand for the metal, ERG Chief Executive Benedikt Sobotka told Reuters.ERG, a global mining and metals group with Kazakh roots, aims to raise cobalt output fivefold to 20,000 tonnes next year, claiming a large c...Read More
Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids.All EV makers will have one common element that could help lift demand for battery vehicles-rising oil prices leading to fuel prices at four-year highs, which could turn consumers towards EVs.ICE cars are not going anywh...Read More
"Google drops out of Pentagon's $10 billion cloud competition, saying the project may conflict with its corporate values https://t.co/Vsy9oHwS1o"Read full newsRead More
"Winter is coming in #China, and iron ore and bauxite miners should be excited, says @CnMetals ($) | https://t.co/MQ2cihHqdV #LMEweek"Read full newsRead More
With a resolution to Freeport-McMoRan Inc.'s Indonesian saga in sight, Chief Executive Officer Richard Adkerson says any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company.With a package of agreements close to being sealed, the future, strategically for us, is going to be wide open, Adkerson said.Freeport is planning to remain an independent...Read More
The world's lithium battery-making capacity will more than triple from 175 gigawatt hours to 630GwH by 2022 says a top expert. Gigawatts are a measure of energy output - one gigawatt hour is the equivalent of generating 1 billion watts for one hour. "That's not a forecast from us," Bloomberg New Energy Finance analyst Logan ...Read full newsRead More
Shares in Canadian precious miner Pretium Resources (TSX, NYSE:PVG) fell more than eight percent Tuesday in both Toronto and New York despite it announcing increased gold production at its Brucejack gold mine, located in the Canadian western province of British Columbia.The Vancouver-based company said output at the gold mine climbed 13 percent in the third quarter of the year to 92,641 ounces, co...Read More
Shares in Canadian precious miner Pretium Resources (TSX, NYSE:PVG) fell more than eight percent Tuesday in both Toronto and New York despite it announcing increased gold production at its Brucejack gold mine, located in the Canadian western province of British Columbia.The Vancouver-based company said output at the gold mine climbed 13 percent in the third quarter of the year to 92,641 ounces, co...Read More
Mr. Joseph Campbell reportsTERRAX COMPLETES HIGH RESOLUTION AIRBORNE MAGNETIC AND RADIOMETRIC AND LIDAR SURVEYS OVER THE QUYTA-BELL PROPERTYTerrax Minerals Inc. has completed a helicopter-borne high-resolution magnetic and radiometric survey over the Quyta-Bell property of the Yellowknife City gold project (YCGP). This 6,409-line-kilometre survey was completed by Precision GeoSurveys Inc. of Langl...Read More
Mr. Dan Stuart reportsJUGGERNAUT DRILLS 35.35 METERS OF 0.56 GRAMS PER TONNE GOLD EQUIVALENT ON MIDASJuggernaut Exploration Ltd.'s exploratory drilling on the 100-per-cent-controlled Midas property has confirmed widespread near-surface polymetallic gold mineralization in multiple drill holes targeting newly discovered zones. The drilling confirmed mineralization seen at surface continues to depth...Read More
Mr. Anthony Makuch reports KIRKLAND LAKE GOLD ANNOUNCES RECORD QUARTERLY GOLD PRODUCTION IN Q3 2018Kirkland Lake Gold Ltd. had record quarterly gold production of 180,155 ounces for the third quarter of 2018. Production in the third quarter of 2018 exceeded target levels for the quarter driven by record quarterly production from Fosterville of 90,618 ounces as well as from the company's Canadian o...Read More
Mr. Peeyush Varshney reportsZINCX RESOURCES CORP. TO HOST INVESTOR CALLFollowing the release of Zincx Resources Corp.'s positive preliminary economic assessment (PEA) of the Cardiac Creek (Akie property) zinc-lead-silver deposit, interest in the company and its projects has increased significantly. Peeyush Varshney, chief executive officer of Zincx Resources, commented: "The positive results outli...Read More
Thailand, which ordered the shutdown of all gold mining and exploration activities in 2016, will have to deal with the fact the country will continue to be a regional mining underperformer, as it will lose both tax revenue and investors, a new report says.Thailand's military regime's decision to halt gold mining indefinitely followed a long-standing conflict between Akara Resources and villagers...Read More