"Canada Cobalt Works Inc. (TSXV:CCW) is one of the only companies with battery-grade cobalt sulfate, says CEO Frank Basa --#CCW $CCW @canadacobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #battery #Momentumstocks--Watch the Video here: https://t.co/h4BqIGxq67"Read full newsRead More
"Fremont Discovers Gold-in-Soil Anomalies at Roberts Creek, Nevada; Exploration Update @Fremont_Gold https://t.co/GgsogK2Mfj"Read full newsRead More
Ontario's Government working for the people is supporting Northern Ontario's film and television industry by investing more than $1.3 million in infrastructure to support film production in North Bay and two additional film projects centred in North Bay and Sudbury.Vic Fedeli, MPP for Nipissing, made the announcement today at Canadore College's post-production facility. The investments include: $...Read More
An indigenous community in Peru has blocked Chinese miner MMG Ltd from using a road to transport copper from its massive Las Bambas mine to a port for shipment for the past 10 days, a lawyer representing the community said Friday.The community of Nueva Fuerabamba says the government illegally turned the road, which runs through its farmland, into a national highway, and wants to reach a deal with...Read More
The world's gold miners have spent years avoiding each others' gazes like nervous teenagers. Now all of a sudden they're acting like the thrill has gone.It hasn't even been two months since Barrick Gold Corp. and Randgold Resources Ltd. announced that their merger was "consummated," and already Executive Chairman John Thornton appears to be checking out an old flame. Like most odd couples, they co...Read More
Mr. Glen Sandwell reportsTAHUEHUETO UNDERGROUND DEVELOPMENT EXPOSES NEW MINERALIZATION ALONG PERDIDO STRUCTURETelson Mining Corp. has provided a development update and significant assay results from underground development at its Tahuehueto mine development and construction project, Durango state, Mexico.HighlightsTahuehueto underground development along the major mineralized structure, El Perdido...Read More
* China, Hong-Kong markets quiet* Yen-denominated gold hits over 1-year peak* India discounts narrow to $1 from $6 earlier this week* India's gold marketPhysical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore.In Japan, the metal was sold at a discount of about 75 cents to the gl...Read More
BullionStar was recently asked to comment on the Reserve Bank of Australia's gold reserves supposedly stored at the Bank of England's gold vaults in London. This Q & A is a summary of the discussion.Read full newsRead More
The price of copper surged nearly 3% on Friday after stocks held in global warehouses operated by the LME fell to the lowest since 2005.Copper for delivery in March hit $2.9535 per pound ($6,510 a tonne) by midday on the Comex market, the highest level since the start of July last year. The price spiked in heavy volumes with nearly 1.5m tonnes worth $9.5 billion traded by lunchtime in New York.Glo...Read More
In the last segment of his latest Discovery Watch (February 20th), John Kaiser from Kaiser Research Online explains that, in contrast to junior miners who stand to benefit in a non-inflationary environment when the real price of gold is rising, some existing producers could win if the nominal price of gold is rising along with inflation.Cheechoo project neighbourhood (click for larger)The discuss...Read More
It's been weird in the coal world in recent days, with the world's largest shipper saying it's capping output, biggest seaborne buyer China putting restrictions on some imports, and an Australian court saying mines must factor in climate change.Throw in an executive at a major Indian coal-fired power generator saying his company won't build any new plants as coal can't compete with renewables, and...Read More
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More
Golden Star Resources (TSX: GSC; NYSE: GSS) has boosted the inferred resource at its Father Brown gold project in Ghana 93% to 2.3 million tonnes grading 6.4 grams gold per tonne for 474,743 oz. gold. It also updated the project's indicated resource, which now totals 981,465 tonnes at 7.5 grams gold for 237,897 oz. gold.Father Brown consists of the Father Brown and Adoikrom pits, which the company...Read More
At least 15 mining firms in South Africa have received notices of strikes to be held next week in support of colleagues at Sibanye-Stillwater who on strike over wages and job cuts, Minerals Council South Africa said on Friday.The Association of Mineworkers and Construction Union (AMCU) has been on strike at Sibanye's bullion operations since mid-November and plans to extend the strike to its plati...Read More
Rescuers have retrieved another 13 bodies from a disused South African coal mine following a gas blast there around two weeks ago, police said on Friday, raising the confirmed death toll to 18.More than 20 people were trapped underground in early February when a gas pipe exploded after they entered the mine to steal copper wire that supplies power for lighting and ventilation.Rescuers had to abort...Read More
Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings s...Read More
Regional exploration last year on its Indin Lake property, 200 km north of Yellowknife in the Northwest Territories turned up high-grade gold in grab samples taken in three different areas including 174.50 grams gold per tonne at Fishhook, the southernmost project on its 899-sq-km land package, Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) reports.Fishhook consists of several historical gold showings s...Read More
Shares in Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its K????lada?? gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada.The Vancouver-based miner cancelled plans last month to build a $500-million processing mill at K????lada...Read More
Shares in Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its K????lada?? gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada.The Vancouver-based miner cancelled plans last month to build a $500-million processing mill at K????lada...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) announced Friday that it has completed the $1.07-billion buyout of Tahoe Resources by acquiring all of the issued and outstanding shares of the precious metals miner.Pan American expects to produce between 26.5 million ounces and 27.5 million ounces of silver this year, with gold output in the range of 162,500 ounces to 172,500 ounces.Based on t...Read More