"Mammoth Enters Option Agreement With Centerra Gold On Its Tenoriba Precious Metal Property, Mexico https://t.co/tTPGuaEU76"Read full newsRead More
Volvo Construction Equipment (Volvo CE) has donated an articulated haul truck to train future equipment operators at Lehigh Career & Technical Institute (LCTI) in Schnecksville, Pennsylvania. The Volvo A35D hauler had been used on Discovery Channel's "Gold Rush" television series and will now serve as a training tool for high school students enrolled in the institute's Heavy Equipment Operations a...Read More
As renewable power integration in the mining sector gathers pace, a Columbia University study identifies financing and conflicting interests among different stakeholders as the remaining biggest roadblocks to wide-spread uptake.The report, launched at the Energy and Mines World Congress in Toronto where independent power producers and mining companies meet to present and discuss the latest develop...Read More
Recent Index by TNW (The Next Web) ranked Finn-co ZYFRA Oy 11-th among the TOP-50 2018's world aquisition deals in IoT. The 10th position took Google with its aquisition of Lytro, the Dutch camera maker.Finland based biggest digital solutions vendor ZYFRA announced it started its acquisition of VIST Group, one of the industrial leaders in development and implementation of information technologies...Read More
LONDON - The two-year rally in industrial metal prices came to an abrupt end at the start of June.The London Metal Exchange Index, a basket of the LME's major base metal contracts, hit a three-year high of 3499.6 in the first week of that month.Prices then imploded over the ensuing weeks and the blood-bath has continued ever since. The Index stood at 2845.5 as of Wednesday's close, back at mid-201...Read More
* Codelco signs large supply deals with major clients* Asia including China accounts for about 50 percent of sales* Copper price down 20 percent from JuneLONDON/BEIJING - Chilean state miner Codelco has agreed to sell France's Nexans, China's Minmetals and U.S.-based Southwire 50,000 to 100,000 tonnes of copper each from 2019 to 2021 in rolling deals known as "evergreens", sources close to the mat...Read More
More than half of the copper mines in Zambia, Africa's second-biggest producer of the metal, will probably be unprofitable next year with thousands of jobs on the line, as the nation raises taxes for operators, the country's biggest industry lobby group said.The effective tax rate will range from 86 percent to 105 percent, with about 27,900 jobs at risk, the Zambia Chamber of Mines said in a state...Read More
Precious gemstones miner Gemfields (JSE: GML) has announced that the Zambia Revenue Authority (ZRA) has cleared its Kagem emerald mine following a probe into alleged tax evasion.During an unannounced visit in August, the ZRA seized documents and files including those allegedly used to evade payment of Value Added Tax (VAT), income tax, with-holding tax and other taxes.Probe was part of a wider eff...Read More
Precious gemstones miner Gemfields (JSE: GML) has announced that the Zambia Revenue Authority (ZRA) has cleared its Kagem emerald mine following a probe into alleged tax evasion.During an unannounced visit in August, the ZRA seized documents and files including those allegedly used to evade payment of Value Added Tax (VAT), income tax, with-holding tax and other taxes.Probe was part of a wider eff...Read More
Eurasian Resources Group ("ERG" or "the Group"), a leading diversified natural resources group, is pleased to announce the launch of its Clean Cobalt Framework ("the Framework") at Metalkol RTR as part of ERG's commitment to ensure sustainable cobalt production. Metalkol RTR is fundamental to the development of ERG's operations in the DRC and the driver for the Group's plans to increase its cobalt...Read More
American engineering company Bechtel, ranked #11 on Forbes' America's private company list for 2018, announced this week that it opened the Bechtel Mining & Metals Innovation Center in Chile with the goal of developing new technologies that boost productivity, promote environmental sustainability and improve worker safety for the copper industry.In a press release, Bechtel said that the cente...Read More
An Australian Independent Planning Commission approved a modified version of Clean TeQ's Sunrise nickel-cobalt-scandium project, located in New South Wales' central west area. According to Clean TeQ, Sunrise is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.The new version of the proposal inc...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to announce that it has completed its previously announced private placement on a "bought deal" basis for total gross proceeds of approximately $5.5 million, an increase over the originally announced $4.5 million base deal due to strong demand for the Offering (as defined herein).The Company has...Read More
Shares in Australian lithium miner Orocobre (ASX: ORE,TSX: ORL) dropped Thursday after it said that prices received for its output dropped in the half of its fiscal year ending in December, and noted it didn't expect a significant improvement in the short term.The Brisbane-based producer of lithium carbonate, used in the making of batteries that power electric vehicles, expects to obtain an aver...Read More
Significant intercepts include 10.4 m grading 11.9 g/t Au and 16.2 m grading 6.7 g/t Au TORONTO , Dec. 17, 2018 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (Read full newsRead More
Preliminary results from a bulk sample taken at the Windfall Lake deposit in Quebec delivered an average head grade of 9.7 grams gold per tonne and 5.5 grams silver per tonne, Osisko Mining (TSX: OSK) reports.The sample head grade from Zone 27 is 39% higher than indicated in the resource block model for the area, a "strong result" and "an early Christmas gift to our shareholders," John Burzynski,...Read More
The news that President Trump and his administration are willing to negotiate with China over trade barriers means that a trade war could be averted, boosting the optimism surrounding the outlook for the world economy. While some economists and analysts are predicting a global slowdown heading into 2019, if a trade war between the world's two largest economies is avoided, then growth should impro...Read More
Bloomberg posted an article this morning describing the Collateralized Loan Obligation market as "Wall Street's Billionaire Machine." But I seem to recall that the CLO market was one of the financial nuclear bombs that blew up and triggered the financial system de facto collapse in 2008. Well, it's back - with a vengeance. Of course the taxpayers were once again sold a bill of goods never...Read More
Visit our site www.Montrealanalyst.com for our view on the stock market which suggest that investing in the most undervalued stocks in the most undervalued sector, mining stocks will soon reward their investorsRead More
Oracle said it had finished with Sichuan Provincial Investment Group as partner and signed an agreement Beijing Jingneng Power Company for the US$1.6 billion mine and power plant project. The new firm will keep the previous arrangement and eventually take a 78% share of the thermal coal project under the new memorandum of understanding. Oracle's share price was up over 50% on the ne...Read More