Mining Stocks Articles

Osisko cuts 13% zinc and lead in Titan zone at Key Anacon project

Nov. 13, 2018, 3:25 PM / Canadian Mining Journal Staff

Osisko Metals (CVE: OM) of Montreal has released results of the drill program at the Titan zone on its Key Anacon property 20 km south of Bathurst. Recent hole KAT-18-08 returned 8.0 metres of massive sulphides grading 9.53% zinc, 3.63% lead, 0.20% copper, and 68.62 g/t silver.The same hole also intersected a separate copper rich zone that assayed 1.18% copper, 0.82% zinc, 0.12% lead and 8.9 g/t s...Read More

Chilean regulators reject Albemarle's plans to boost lithium output

Nov. 13, 2018, 3:09 PM / Reuters

SANTIAGO - Chilean environmental regulators have rejected plans by Albemarle Corp, the world's top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile's Environmental Assessment Service (SEA).SEA said in a resolution on Monday that Albemarle's environmental impact statement, which included plans to build a new plant to produce 42,500 tonnes of li...Read More

Azincourt, New Age sample high grade Li2O at Lithium One

Nov. 13, 2018, 2:36 PM / Canadian Mining Journal Staff

The joint venture of Vancouver-based Azincourt Energy and New Age Metals has received assays up to 4.1% lithium oxide from the Silverleaf pegmatite samples at their Lithium One project 125 km northeast of Winnipeg.The results follow a comprehensive ground mapping and sampling field program this summer. High grades were also found in nine samples that exceeded 2% and five samples that exceeded 3%...Read More

Azincourt, New Age sample high grade Li2O at Lithium One

Nov. 13, 2018, 2:36 PM / Canadian Mining Journal Staff

The joint venture of Vancouver-based Azincourt Energy and New Age Metals has received assays up to 4.1% lithium oxide from the Silverleaf pegmatite samples at their Lithium One project 125 km northeast of Winnipeg.The results follow a comprehensive ground mapping and sampling field program this summer. High grades were also found in nine samples that exceeded 2% and five samples that exceeded 3%...Read More

Next Green Wave is well funded and ready to dominate California's Cannabis Market -- @NextGreenWave...

Tue Nov 13 14:35:12 2018 / Next Green Wave

"Next Green Wave is well funded and ready to dominate California's Cannabis Market -- @NextGreenWave #MedicalMarijuana #Cannabinoid #NextGreenWave #Cannabis #California #hotstocks #potstocks Watch the Video here: https://t.co/Ia1i9nw9Tn"Read full newsRead More

Fremont to Raise $1.0 Million for Drilling at Gold Bar and Gold Canyon Projects in Nevada @Fremont_Gold...

Tue Nov 13 14:27:30 2018 / Fremont Gold

"Fremont to Raise $1.0 Million for Drilling at Gold Bar and Gold Canyon Projects in Nevada @Fremont_Gold https://t.co/WJ8Ucgi5JG"Read full newsRead More

Colonial Coal floats PEA for Gordon Creek mine

Nov. 13, 2018, 2:13 PM / Canadian Mining Journal Staff

Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.The Gordon Creek project has an after tax and royalty net present value of $690.5 million with a 7.5% discou...Read More

Colonial Coal floats PEA for Gordon Creek mine

Nov. 13, 2018, 2:13 PM / Canadian Mining Journal Staff

Vancouver-based Colonial Coal International (TSX-V: CAD) has received the preliminary economic assessment for its 100% owned Gordon Creek metallurgical coal project located about 30 km south of Tumbler Ridge. Prepared by Stantec Consulting Services, the PEA demonstrates positive economics.The Gordon Creek project has an after tax and royalty net present value of $690.5 million with a 7.5% discou...Read More

RT @mining: Lonmin workers ask South African tribunal to stop merger with Sibanye

Tue Nov 13 13:57:24 2018 / MINING.com

If approved, merger would create the world's No.2 platinum producer as Lonmin is the world's third-largest while Sibanye-Stillwater is the fourth.Read full newsRead More

ALROSA sells large rough diamonds in Vladivostok for $10.3 million

Nov. 13, 2018, 1:55 PM / MINING.com Editor

ALROSA, the largest diamond mining company in the world, has summed up the results of the auction in Vladivostok for the sale of large rough diamonds, equaling over 10.8 carats.The company has sold 119 gem-quality rough diamonds with a total weight of 1,890 carats. The overall revenue from sales reached $10.3 million. ALROSA had held four auctions in Vladivostok this year, including the last one,...Read More

Signature Resources' First Drill Program at Lingman Lake Continues to Intersect High Grade Gold...

Tue Nov 13 13:54:28 2018 / Staff reporter

"Signature Resources' First Drill Program at Lingman Lake Continues to Intersect High Grade Gold https://t.co/KrVf1f2RcU"Read full newsRead More

Tasca acquires Selish Mountain property in historic gold zone in BC

Nov. 13, 2018, 1:45 PM / MINING.com Editor

Tasca Resources (TAC-V) today announced it has acquired the Selish Mountain property, a 290-hectare block 15 kilometres southwest of Merritt, B.C., and 10 kilometres to the north of Westhaven Ventures Inc.'s Shovelnose gold property, where recent drilling has returned intersections of 8.95 grams per tonne gold over 46.2 metres and 24.5 g/t gold over 17.77 metres. Historic exploration on the Selish...Read More

Tasca acquires Selish Mountain property in historic gold zone in BC

Nov. 13, 2018, 1:45 PM / MINING.com Editor

Tasca Resources (TAC-V) today announced it has acquired the Selish Mountain property, a 290-hectare block 15 kilometres southwest of Merritt, B.C., and 10 kilometres to the north of Westhaven Ventures Inc.'s Shovelnose gold property, where recent drilling has returned intersections of 8.95 grams per tonne gold over 46.2 metres and 24.5 g/t gold over 17.77 metres. Historic exploration on the Selish...Read More

Brazil lawmakers slam Norsk Hydro, regulators for Alunorte leak

Nov. 13, 2018, 12:58 PM / Reuters

RIO DE JANEIRO - "Failures and possible crimes" led to a February leak of mineral byproduct at Norsk Hydro ASA's Alunorte alumina refinery in the Amazonian state of Para, a special commission in Brazil's lower house said in a report released on TuesdayA congressional commission assembled to look into the incident blamed both the company and regulators, and called for civil and criminal investigati...Read More

Seequent merges Geosoft and Leapfrog brands

Nov. 13, 2018, 12:49 PM / MINING.com Editor

Seequent today announced it has signed an agreement to acquire Geosoft, a Canadian geoscience software company headquartered in Toronto. The acquisition brings together Seequent's Leapfrog 3D geological modelling software suite with Geosoft's subsurface geoscience and exploration data-driven technology - to create a subsurface offering for the mining, civil engineering, energy and environmental...Read More

Trump's steel tariffs create big profits but few new jobs

Nov. 13, 2018, 12:40 PM / Reuters

SEDALIA, Missouri - Nucor Corp, America's largest steelmaker, planned a new plant in Sedalia, Missouri, long before U.S. President Donald Trump imposed tariffs to protect the industry - and it does not need them to make money.Although the firm helped lead the lobbying push for tariffs on imports, executives say they invested in Sedalia and two other sites to capitalize on an already profitable str...Read More

Chile regulators reject Albemarle plans to boost #lithium output | Article [AMP] | Reuters

Tue Nov 13 12:27:49 2018 / Staff reporter

Chilean environmental regulators have rejected plans by Albemarle Corp , the wor...Read full newsRead More

India's Jindal Steel and Power posts Q2 profit on one-time gain

Nov. 13, 2018, 12:15 PM / Reuters

India's Jindal Steel and Power Ltd on Tuesday reported a profit of 3.44 billion rupees ($47.36 million) for the second quarter, helped by a one-time gain.For the year-ago period, the New Delhi-based company had reported a loss of 4.48 billion rupees.Eight analysts on average had expected a loss of 536 million rupees, according to IBES data from Refinitiv.The company had a one-time gain of 2.55 bil...Read More

Diamond industry fails to clean up its act

Nov. 13, 2018, 12:03 PM / Global Witness

The diamond industry must deliver on its promise that consumers can trust the diamonds they purchase are sourced, traded, and processed responsibly, said a coalition of concerned civil society organizations today."Time is up for the diamond industry. Image is everything to the value of diamonds, yet the industry continues to be tainted by association with human rights abuses like child labour and...Read More

Nyrstar plunges as analyst warns shares will get wiped out

Nov. 13, 2018, 11:41 AM / Reuters

"Abandon ship!" That's the advice that ABN Amro Group NV is giving any remaining Nyrstar NV investors.The central problem for Nyrstar is that it's increasingly looking like the company will struggle to refinance bonds due next year.Nyrstar, Europe's biggest zinc smelting company, is on an inevitable path toward a debt restructuring, said ABN's Philip Ngotho, whose bearish calls have proven profita...Read More

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