Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More
Canada's Prime Minister, Justin Trudeau, today announced support for a new geothermal power facility near Estevan in Southeastern Saskatchewan. The energy project, led by DEEP Earth Energy Production Corporation, is the first of its kind in Canada and taps into a new renewable energy resource.Geothermal energy harnesses heat from the earth's crust and transforms it into electricity to power...Read More
DRAPER Utah, January 10, 2019 - ?EURRead More
Lawyers Gold Silver Project Phoenix Zone 2018 Drill ResultsBenchmark Metals (TSXV: BNCH; US-OTC: CYRTF) has expanded the Phoenix zone at its Lawyers gold-silver project in B.C.'s Golden Triangle after intersecting gold and silver mineralization in step out drilling grading as high as 11 grams gold per tonne and 819 grams silver over 4 metres from 69 metres downhole.Other highlights included 6.15 g...Read More
Polish businessmen in China beware...Read full newsRead More
At first glance, you might initially think that cryptocurrencies and precious metals have little, if anything, in common. However, to the contrary, the two can be sourced in the same basic way: through mining. "Mining" has a broad definition here, but "energy consumption" doesn't. The journal Nature Sustainability has published new research revealing that cryptocurrency mining expends significantl...Read More
Project scope entails the engineering, procurement and construction of a 355,000tpa processing facilityGlobal engineering, project delivery and operations management group, DRA Global ("DRA") has been awarded (through its 100% owned subsidiary DRA Pacific Pty Ltd) the engineering, procurement and construction (EPC) contract for the Dargues Gold Mine in New South Wales, Australia. Dargues is owned...Read More
Platinum's lesser-known cousin keeps going from strength to strength.Palladium, once considered an unattractive byproduct of platinum mining until the rise of catalytic converters in the 1970s, is hitting new records. Spot metal peaked at an all-time high $1,344.41 a troy ounce Wednesday. Over the past month, it's been more costly than gold, which hasn't happened since 2002. From a point a decade...Read More
* China's Tsingshan Group and partners including GEM Co Ltd on Friday announced the start of work on a $700 million battery chemicals project in Indonesia.* A GEM spokesman said piling work began on Friday, while a joint statement said construction would start "as soon as possible after obtaining relevant approvals".* A joint venture agreement on the project, situated in the Morowali Industrial Pa...Read More
Both companies and the fund managers that invest in them are under pressure to pay more attention to environmental, social and governance issues. For the former group, that requires delivering increased transparency on an ever-expanding range of metrics. For the investment crowd, tailoring strategies to address the new demands means increased spending on data - at a time when fees are slowly but s...Read More
Energy Resources of Australia (ERA) is reviewing "all funding options" to pay for the full closure and rehabilitating of its Ranger uranium mine, after studies showed the cost would be almost A$300 million (about $213m) higher than previous estimates.Delivering is fourth quarter results, the company said the rise in costs was largely due to expenditures associated with additional water treatment,...Read More
"We're seeing a bump [in filings], and in some provinces that bump is significant..." Read full newsRead More
Canada's Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.DYD International Holdings was founded by Didier Drogba, an ex Chelsea Football Club striker who also represented Ivory Coast's national team, received about one million shares in Endeavour...Read More
Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More
First Vanadium (TSXV: FVAN) reported this week positive results from 17 confirmation drill holes within and along a 1,220 metres corridor of mineralization at its Carlin vanadium project.The project is located 6 miles south of Carlin city and consists of 72 unpatented mining claims covering 1,140 acres. It was explored and drilled by Union Carbide Corporation in the late 1960s and such exploration...Read More
"Slickest Annual Wealth-Transfer from Taxpayers to Banks via the Fed: Fed Paid Banks $38.5 Billion in Interest on "Reserves" in 2018. Normally this would be ironic: The Fed doesn't need to borrow and so wouldn't pay interest. But these are not normal timeshttps://t.co/tD0p8SCyMa"Read full newsRead More
World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency about the origins of its diamonds to customers, from miners to retailers.Following in the footsteps of the world's No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing ea...Read More
"Would you pay $75,000 for your very own gold mine? Remote New Zealand hut with access to one of the richest rivers in the WORLD hits the market - and the payoff could be huge https://t.co/YR8PqojUq9"Read full newsRead More
"Maya Gold & Silver has declared commercial production at its Zgounder silver mine in what the company calls a "major milestone." https://t.co/x8bcTg9aQi #MayaGoldSilver #gold #mining #investing #INN"Read full newsRead More
"Dacian Gold (ASX:DCN) announced Wednesday that commercial production has begun at its Mount Morgans gold operation in Western Australia. https://t.co/Z8KNWU7Zss #daciangold #mining #gold #INN"Read full newsRead More