The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities, following the collapse of Vale's Brumadinho dam in Brazil in January, which killed hundreds.Following the disaster, a group of 96 institutional investors (representing more than $10.3 trillion assets under managemen...Read More
Researchers from the University of British Columbia published the first scientific study of cobalt-blue spinel in Canada, a mineral that produces fine gemstones that range from red and pink to violet and blue.Spinel in dolomitic marble. Soper River spinel occurrence, Kimmirut area. Photo by Philippe BelleyPhilippe Belley, a recent PhD graduate of the department of earth, ocean and atmospheric scie...Read More
Researchers from the University of British Columbia published the first scientific study of cobalt-blue spinel in Canada, a mineral that produces fine gemstones that range from red and pink to violet and blue.Spinel in dolomitic marble. Soper River spinel occurrence, Kimmirut area. Photo by Philippe BelleyPhilippe Belley, a recent PhD graduate of the department of earth, ocean and atmospheric scie...Read More
During her opening address at the 6th Forum of the Africa-Belgium Business Week, Marie-Chantal Kaninda, executive director of the World Diamond Council, told global leaders that expanding the scope of the Kimberley Process to include issues related to human rights and labor relations will help create conditions in which Sub-Saharan Africa's artisanal diamond miners can meet their economic potentia...Read More
Gold price is driven by US bond yields, Fed interest rate expectations, and the US dollar - not supply and demand.Read full newsRead More
Japan's Mitsui & Co. will invest $30 million in Sigma Lithium Resources' (TSX-V: SGMA) project in Brazil, as demand for the metal used in the batteries that power electric vehicles is set to continue growing, keeping the market tight.The funds, together with a $40 million debt offering Mitsui granted Sigma, will allow the Canadian miner to begin building a processing plant at its Grota do Cirilo a...Read More
NYSE:AGI) ("Alamos" or the "Company") is pleased to announce that its Mulatos mine produced its two millionth ounce of gold in March 2019.At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance.ThisRead full newsRead More
Gold price is driven by US bond yields, Fed interest rate expectations, and the US dollar - not supply and demand.Read full newsRead More
Most refined cobalt used in the electric vehicle market is produced in Asia, but First Cobalt (TSXV: FCC; US-OTC FTSSF) intends to start refining the metal into battery-grade cobalt sulphate at its refinery in Ontario, after positive test results at SGS's lab in Lakefield that replicated the refinery's circuits and flowsheet.The product, refined in a single batch in the lab, assayed 20.8% cobalt,...Read More
For all the concerns expressed recently that there isn’t enough cash being injected into junior mining stocks, when it comes to the really interesting ones it can be hard to persuade them to take your money. This position was laid bare by Auryn Resources executive chairman Ivan Bebek, in an interview in which he discussed the company’s recent fundraising. Auryn (TSX:AUG) first...Read More
While a casual glance at lists of stocks trading at 52-week lows usually comes up with at least a few metal and mining stocks, this one industry seems to dominate today's list of low-flying tickers, with a slew of miners trading at year-long lows. The following TSX index stocks represent some of the bigger cap miners with moderate to strong sell signals.Two big-name precious metals stocks are goin...Read More
Between 1973 and 2008, just prior to the U.S. housing crisis, the price of a barrel of crude oil rose from under US$3 to over US$160, marking a gain of 5,200%Yet science continues to show us that the consumption of fossil fuels is doing irreparable damage to our ecosystems and the environment, and with billions of dollars being directed at clean energy technologies, some experts are forecasting th...Read More
Someone might argue that it's Powell's job to reinflate the stock market, but Trump did everything to humiliate Powell in a very publicly visible fashion to shame Powell into reinflating the biggest bubble of all time:Read More
Ncondezi will put around US$1.5 million into the sector through a joint venture, funded with $2.48 million placing and subscription in London.The company said the JV with GridX was complementary to its eponymous coal project."The company … believes the move into the [commercial and industrial] solar and battery storage sector represents a significant opportunity for the company to complemen...Read More
Diamond drilling on GGX Gold's Gold Drop property near Greenwood, southern British Columbia. Source: GGX Gold Corp.Ximen Mining Corp. [XIM-TSXV; XXMMF-OTCQB; 1XM-FSE] said Friday April 5 that it has picked up additional mineral claims near Greenwood, southeast British Columbia.The company said it has acquired over 12,900 hectares of land that surrounds the Gold Drop property which Ximen has option...Read More
The Brucejack Project is northwest British Columbia. Source: Pretium Resources Inc.Pretium Resources Inc. [PVG-TSX, NYSE] has released an updated reserves and mine plan for its Brucejack gold mine in the Golden Triangle region of northwestern British Columbia.It outlines an expansion to higher throughput of 2,800 tonnes per day from 2,700 tonnes, in a move that will reduce the projected mine life...Read More
First Vanadium president and CEO Paul Cowley at the Carlin vanadium project in Nevada. Credit: First Vanadium.First Vanadium Corp. [FVAN-TSXV; FVANF-OTCQX; 1PY-FSE] has released impressive metallurgical test results for nine variability composite samples from its high-grade Carlin Vanadium deposit near Elko, Nevada.The company said preliminary test results are consistently showing high vanadium ex...Read More
Edwin Drake and George Bissell are well known to be the first men in history to successfully use a drilling rig to produce crude oil near Titusville, Pennsylvania, in 1859.And this is often portrayed as the beginning of the modern oil era.But the fact is, fossil oil was well known and used by humans dating back thousands of years.Ancient manuscripts written well before the time of Christ refer to...Read More
Revival Gold Inc. (TSXV: RVG, OTCQB: RVLGF) is a growth-focused gold exploration and development company. The Company has the right to acquire a 100% interest in Meridian Beartrack Co., owner of the former producing Beartrack Gold Project, located in Lemhi County, Idaho. Revival also owns the rights to a 100% interest in the neighboring Arnett Gold Project. At the 2019 Vancouver Resource Investmen...Read More
Fission Uranium Corp. (TSX: FCU, OTCQX: FCUUF?,, FRANKFURT: 2FU) is focused on exploration and development of the Patterson Lake South (PLS) uranium property, located in Canada's Athabasca Basin, home to the world's richest uranium mines. The project is host to the Triple R deposit - the most significant high-grade shallow depth deposit in the region. At PDAC2019, we learned from Ross McElroy, who...Read More