In February, B2Gold Corp. (TSX: BTO; NYSE: BTG) announced an initial open-pit inferred resource for the newly discovered El Limon Central zone at its El Limon mine in Nicaragua.This week the gold producer announced the results of an expansion study that evaluated the life-of-mine options for combining El Limon's remaining underground inferred resource (17 million ounces of gold) with the new infe...Read More
(Excerpt from upcoming article by Alisha Hiyate in Diamonds in Canada magazine, published by The Northern Miner ) In 2013, De Beers Canada turned down a chance to own a majority stake in Peregrine Diamonds' Chidliak project in Nunavut. Five years later, it now owns the project outright.So what changed in that time period? De Beers Canada CEO Kim Truter says that the timing just wasn't quite ri...Read More
"BTU Announces Initiation of Exploration Progam at Dixie South Contiguous with Great Bear's New High Grade Gold Discovery, District of Red Lake @BTUMetalsCorp https://t.co/fpozYRJebQ"Read full newsRead More
Kenya has won a case against Cortec Mining Kenya Limited, Cortec (pty) Limited and Stirling Capital Limited over the revocation in 2013 of a licence for mining niobium and rare earth minerals, a court ruling made public on Tuesday showed.The decision could add to wariness about Kenya's nascent mining industry among investors already spooked by resource nationalism in neighbouring Tanzania, analyst...Read More
China-owned conglomerate CITIC and subsidiaries Sino Iron and Korean Steel have launched legal proceedings in the Australian Federal Court against mining tycoon turned politician, Clive Palmer, and his private company, Mineralogy.The Chinese firms have vowed to vigorously defend against an action launched by Palmer's private company over environmental rehabilitation funds for the massive Sino Iron...Read More
China-owned conglomerate CITIC and subsidiaries Sino Iron and Korean Steel have launched legal proceedings in the Australian Federal Court against mining tycoon turned politician, Clive Palmer, and his private company, Mineralogy.The Chinese firms have vowed to vigorously defend against an action launched by Palmer's private company over environmental rehabilitation funds for the massive Sino Iron...Read More
"Red Pine Drills 3.5 g/t Gold Over 32.8 Metres, Including 4.99 g/t Gold Over 17.6 Metres at its Wawa Gold Project @RedPineExpl https://t.co/Irz5zZm3wy"Read full newsRead More
The earnings disappointments continue with CAT and 3M the latest to add to fears aboutRead full newsRead More
"Wallbridge Intersects 37.91 g/t Gold Over 5.26 Metres and 21.00 g/t Gold Over 4.56 Metres @WMmining https://t.co/4VVxyd909h"Read full newsRead More
The company is making fast progress on its expansion into automotive and wants to start manufacturing ASAP.Read full newsRead More
Barrick Gold Corp. favors taking back control of its separately listed Tanzanian assets after completing its takeover of Africa-focused rival Randgold Resources Ltd., according to people familiar with the situation.Barrick spun off those assets in 2010 into a company now called Acacia Mining Plc. That unit - listed in London but majority owned by Barrick - has been dogged by operational setbacks...Read More
Dyson Ltd., famous for making vacuum cleaners, picked Singapore to manufacture its first electric car, pushing ahead with plans to challenge Tesla Inc. in the hottest sector of the automotive market.The closely held British manufacturer, also known for hand dryers and air purifiers, said Tuesday it will complete the factory by 2020 and stuck to a goal of rolling out its first model by 2021 as part...Read More
Anglo American Plc will dig more platinum than expected this year, while diamond production from its De Beers business will be at the top end of its guidance range.The century-old mining company released its production results for the third-quarter Tuesday. While there were no major surprises, there was also no new information on its suspended Minas Rio iron ore mine in Brazil that's scheduled to...Read More
German newspaper Bild am Sonntag has reported that Audi has hit a snag in its battery supply chain. LG Chem is looking to increase the price of its batteries 10% due to high demand for its automotive batteriesRead full newsRead More
Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP. L53-DD1 THAILAND OIL DISCOVERYPan Orient Energy Corp.'s L53-DD1 exploration well has encountered an interpreted and combined 26 metres of net oil pay within three separate sandstone reservoirs between a true vertical depth of 960 metres to 1,125 metres. This interpretation was based on conventional open-hole wireline logs and hydrocarbon indication...Read More
South Korea's top steelmaker POSCO posted its highest quarterly profit since 2011 and said it expected sales revenue for all of 2018 to be lifted by higher steel prices.The world's fifth-largest steelmaker raised its revenue outlook for the full-year to 64.8 trillion won ($57.0 billion) from its previous forecast of 64.1 trillion won in July, POSCO said in its filing on Tuesday.POSCO's revenue in...Read More
China's alumina exports in September surged more than fivefold from August to 165,839 tonnes, according to customs data released on Tuesday, the highest monthly volume this year.Last month's exports rose from 29,722 tonnes in August and were up more than 3,400 percent from a year earlier.China, the world's largest aluminium maker, rarely exports large volumes of alumina, a raw material for making...Read More
Swedish engineering firm Sandvik reported quarterly core earnings marginally ahead of market expectations on Tuesday and said order intake had improved significantly across all business areas.Third-quarter adjusted operating earnings at the maker of metal-cutting tools and mining gear rose to 4.59 billion Swedish crowns ($510 million) from 3.34 billion crowns a year ago, beating a 4.52 billion cro...Read More
Mr. Darrell Rader reportsMINAURUM SAMPLES UP TO 1205 G/T SILVER AND 3.2% COPPER ON NEWLY DISCOVERED EUROPA SUR VEIN EXTENSIONMinaurum Gold Inc. has acquired the 311-hectare Claraboya concession located in the western part of its 100-per-cent-owned Alamos silver project in Sonora, Mexico.Claraboya hosts the newly discovered southern extension of the Europa-Guadalupe vein system named "Europa Sur" a...Read More
Arianne Phosphate Inc. has been halted at 5:23 a.m. PT on Oct. 23, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More