Scientists at the Japan Aerospace Exploration Agency or JAXA reported this week that the Hayabusa2 spacecraft touched down on the asteroid Ryugu and will start collecting samples of the dust in its surface.The idea is to analyze such samples and get one step closer to understanding the origin of Earth's water and precious minerals. According to the agency, asteroids are considered one of the candi...Read More
Scientists are calling on mine operators to restore animal communities when they carry out site rehabilitation programs.According to a paper published in the journal Pacific Conservation Biology, the impact of mining on animals is overlooked as fauna tends to be under-recognized in assessments of restoration success. Based on a global review of literature, the Curtin University study found that ov...Read More
Scientists are calling on mine operators to restore animal communities when they carry out site rehabilitation programs.According to a paper published in the journal Pacific Conservation Biology, the impact of mining on animals is overlooked as fauna tends to be under-recognized in assessments of restoration success. Based on a global review of literature, the Curtin University study found that ov...Read More
Mining chatter in the Yukon these days is all about the yellow metal. It's been that way for at least 10 years, according to geologist Mike Burke, who spent more than 20 years working for the Yukon Geological Survey before moving to the private sector."People were having a hard time in 2008, and then along came Kinross and bought Underworld Resources. That started an area play," Burke recalls.Now...Read More
Mining chatter in the Yukon these days is all about the yellow metal. It's been that way for at least 10 years, according to geologist Mike Burke, who spent more than 20 years working for the Yukon Geological Survey before moving to the private sector."People were having a hard time in 2008, and then along came Kinross and bought Underworld Resources. That started an area play," Burke recalls.Now...Read More
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high-g...Read More
The most recent Annual Survey of Mining Companies by the Fraser Institute ranked British Columbia seventh among Canadian mining jurisdictions. But no other province or territory has had two new precious metal mines reach commercial production less than 15 months apart over the last two calendar years.In July 2017, Pretium Resources (TSX: PVG; NYSE: PVG) launched commercial production at its high-g...Read More
Fitch Solutions' industry trends analysts have revised Canada's 2019 gold mine production growth forecast up to 6% from 2% predicting production to grow robustly as new projects come online over the coming quarters.Canada's dominance in attracting exploration investment has resulted in a strong gold project pipeline set to come online in 2019. Over the past decade, Canada has been able to attract...Read More
"$NOC - Northrop Grumman Corporation (NOC) CEO Kathy Warden Presents at Citi's 2019 Global Industrials Conference (Transcript) https://t.co/9tsBX9bwOu"Read full newsRead More
Newmont Mining shares jumped higher Friday amid reports that rival Barrick Gold is prepping a hostile takeover bid that would value the gold mining group at around $19 billion.Read full newsRead More
Gold futures suffered the biggest single-session since August 2018 on February 21. The pullback was not unexpected given the momentum that gold had built since late 2018. The yellow metal has been the beneficiary of volatility late last year, and prices rose even higher on the dovish turn from the U.S. Federal Reserve. Heading into 2019, I was bullish on gold, especially given the potential for vo...Read More
Nicola Mining Inc. (TSX.V: NIM) is in the process of recommencing mill feed processing operations at its 100% owned state-of-the-art mill and tailings facility, located near Merritt, British Columbia. It has already signed four mill profit share agreements, with high-grade gold producers. The fully-permitted mill can process both gold and silver mill feed, via gravity and flotation processes. At t...Read More
The S&P/TSX Composite Index rose 1.10% to finish the trading week at 16,013. The S&P/TSX Global Mining Index increased 3.40% to 75.49, while the S&P/TSX Global Base Metals Index jumped 6.40% to 118.89. Spot gold closed higher at US$1,337.80 per oz., up US$16.40 per oz., or 1.24% week-on-week, and the S&P/TSX Global Gold Index gained 3.35% to 196.64.Fitch Ratings upgraded Teck Resources' issuer def...Read More
The S&P/TSX Venture Composite Index rose 1.19% to finish the trading week at 623.27.New Pacific Metals released the second batch of assay results this year from its Silver Sand project in Bolivia. Highlights included 226 metres averaging 116 grams silver per tonne from 60 metres in drill hole 505003, including 100 metres of 244 grams silver from 186 metres. Drill hole 5203 returned 6 metres gradin...Read More
The Dow Jones Industrial Average rose 0.57% to 26,031.81, while the S&P 500 Index increased 0.62% to 2,792.67. Spot gold finished the week at US$1,337.80 per oz., up US$16.40 per oz., or 1.24%.Newmont Mining reported net income from continuing operations of US$280 million, or US53 ? per diluted share, and earnings before interest, taxes, depreciation and amortization of US$2.6 billion in 2018. Con...Read More
"Mondias Natural Products Inc - A new agriculture/natural health product company expanding across Canada! Read more here: https://t.co/DDmX2NUKS7 $NHP #NHP#momentumstocks #hotstocks#smallcap #mondias#mondiasnaturalhealth"Read full newsRead More
In his February 22nd Howe Street broadcast, Bob Hoye from ChartsandMarkets.com reveals that based on his firm's historical pattern recognition metrics, major stock markets are registering a sequential sell signal.Excitement in markets could signal a top is nearMeanwhile, gold stocks may be in the early stages of what could be a cyclical bull market.In light of the major sell-off markets experienc...Read More
"$AGM - Federal Agricultural Mortgage Corporation (AGM) CEO Brad Nordholm on Q4 2018 Results - Earnings Call Transcript https://t.co/df4zeMQUf9"Read full newsRead More
Lithium miners have set their eyes on Portugal, a country that doesn't scream "mining" like other jurisdictions, but which already is Europe's biggest producer of the commodity, thanks to the surge in popularity of electric vehicles (EVs).One of those companies is Savannah Resources, currently advancing its Mina do Barroso project in the north of the country, arguably one of the most advanced lith...Read More
Lithium miners have set their eyes on Portugal, a country that doesn't scream "mining" like other jurisdictions, but which already is Europe's biggest producer of the commodity, thanks to the surge in popularity of electric vehicles (EVs).One of those companies is Savannah Resources, currently advancing its Mina do Barroso project in the north of the country, arguably one of the most advanced lith...Read More