A spate of mass toxic poisonings in the Cambodian provinces of Kratie and Mondulkiri have hospitalized hundreds and killed at least 16 people since May. Although the causes of the...Read full newsRead More
The Trump administration proposed Tuesday new rules for regulating carbon dioxide emissions from electricity generation, in a move that could keep aging coal-fired plants running longer and which is part of its strategy to support US coal mining.The suggested pollution standards for power plants, known as the Affordable Clean Energy rule, are expected to cut retail electricity prices by just 0.2%...Read More
"Major lithium-ion #battery manufacturer planning output that may rival entire 2015 LIB market: analysts #lithium #lg https://t.co/Z5gYGFUYSq via @michaelmccra"Read full newsRead More
Mr. Marc Prefontaine reportsORLA REPORTS ADDITIONAL INTERCEPTS FROM THE CABALLITO COPPER-GOLD ZONE AT THE CERRO QUEMA PROJECT, PANAMADrilling in the Caballito copper-gold zone at Orla Mining Ltd.'s wholly owned Cerro Quema project in Panama has intersected copper and gold values in holes drilled in the eastern part of the zone, including hole CQDH18-169 that intersected 134.0 metres averaging 0.62...Read More
Nemaska Lithium and Northvolt AB announced on Sunday that they have entered into a five year supply agreement in which Nemaska Lithium supplies battery grade lithium hydroxide to Northvolt.Under the agreement Nemaska Lithium agreed to supply, through its wholly-owned subsidiary Shawinigan Transformation Inc., up to 5,000 metric tonnes per year of lithium hydroxide produced at its commercial plant....Read More
Clarus Securities agreed to purchase 2,500 Convertible Debenture Units of Lucky Minerals for gross proceeds of US $2 M.Lucky Minerals is a venture stage exploration company that is targeting a large-scale porphyry copper-gold-molybdenum system in southern Montana that could potentially host significant gold deposit. The company is focused on its Emigrant Creek Project, which covers a 15 square k...Read More
Mr. Jean Martineau reportsDYNACOR ANNOUNCES FIRST QUARTERLY DIVIDEND PAYMENTDynacor Gold Mines Inc.'s board of directors has approved the initiation of quarterly cash dividends to its shareholders and the declaration of the first cash dividend in the company's history. The dividend of one cent per common share is payable on Oct. 1, 2018, to shareholders of record on Sept. 20, 2018.Dynacor is one o...Read More
Mr. Christian Milau reports EQUINOX GOLD COMPLETES SALE OF ITS KORICANCHA MILLEquinox Gold Corp. has completed the sale of its interest in the Koricancha mill in Peru to Inca One Gold Corp. as previously announced on July 17, 2018.About Equinox Gold CorpEquinox Gold is a Canadian mining company with a multimillion-ounce gold resource base, near-term and growing gold production from two past-produc...Read More
Mr. Rudi Fronk reportsSEABRIDGE GOLD BEGINS DRILLING QUARTZ RISE TARGET ON ISKUT PROJECTSeabridge Gold Inc. has commenced drilling the Quartz Rise high-grade gold target on its 100-per-cent-owned Iskut project in northwestern British Columbia. Last year's drill program, the first ever at Quartz Rise, confirmed the presence of a gold-bearing intermediate sulphidation epithermal system beneath the...Read More
World's No.1 mining company BHP (ASX, NYSE:BHP) (LON:BLT) revealed Tuesday that ore processing at its Olympic Dam copper, gold and uranium mine in South Australia is being affected by an ongoing technical issue.Copper production at Olympic Dam is set to reach around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.Releasing annual results, the company - which spent...Read More
World's No.1 mining company BHP (ASX, NYSE:BHP) (LON:BLT) revealed Tuesday that ore processing at its Olympic Dam copper, gold and uranium mine in South Australia is being affected by an ongoing technical issue.Copper production at Olympic Dam is set to reach around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.Releasing annual results, the company - which spent...Read More
Harmony Gold (JSE:HAR) (NYSE:HMY), the world's fifth largest producer of the precious metal, swung to a net loss for fiscal 2018 after booking impairment costs at a number of its mines, as well as an additional loss due to foreign-currency effects.The South African gold miner posted a 43% drop in annual earnings, or a 4.47 billion South African rand loss (about $309 million), compared to a net pr...Read More
Silver continues to experience significant volatility and has lost almost 14% since the start of 2018. This, along with a worsening outlook for precious metals, has created considerable bearishness over what the future holds for silver miners. Nonetheless, one that has defied the white metal's downturn is miner Sierra Metals Inc. (TSX:SMT)(NYSEMKT:SMTS) which reported a solid second quarter 2018...Read More
Silver drifted lower over the last week, crashing through the US$15-an-ounce barrier to prices not seen since early 2016. One primary silver miner that has been roughly handled by the market is Great Panther Silver (TSX:GPR)(NYSE:GPL), which has lost 33% since the start of 2018. This is almost triple the 14% lost by silver, which is under considerable pressure because of a narrowing supply defic...Read More
The movement of precious metal prices has little correlation to the stock market. That's why even though the Canadian stock market, represented by S&P/TSX Composite Index, or TSX index for short, is trading at near its all-time high, the gold and silver ETFs have fallen about 9% and 13% year to date.Since precious metal prices move differently from the TSX index, investors can consider preciou...Read More
When I was about 20 and going to college in Baltimore, my roommate burst through the door one night after the bars closed with a shit-eating grin on his face."What are you so happy about?" I asked."I just bought a car," he replied. Now, my roommate wasn't exactly poor, but at the time he was driving a 10-year-old hand-me-down Civic. The last thing I was expecting was that he would buy a car.But su...Read More
Data Interpretation ProblemsOddly enough, these days it has become more difficult to interpret positioning data. We get more granular data than before, such as e.g. the disaggregated commitments of traders reports (CoT - even if they are still released with a three day delay), but at the same time the goal posts in futures markets have shifted greatly. Former extremes in positioning have been left...Read More
Colorado School of Mines has partnered with McKinstry to implement an energy awareness and savings program on campus called powerED. The three-year program launched this week with the start of the Fall 2018 semester.McKinstry's powerED program uses a highly collaborative approach with three key elements of focus: people, process and performance. The "people" component educates building occupants a...Read More
In an early test of its new gold-backed crypto token, GOLDUSA, Canamex Gold (CSE: CSQ; US-OTC: CNMXF) has used the digital currency to buy back a 1.5% net smelter royalty on its Bruner gold project in Nye County, Nevada.Canamex bought back the royalty from American International Venture (US-OTC: AIVN) for US$450,000 by issuing the company 112,500 GOLDUSA tokens at a deemed price of US$4 per token....Read More
Using the database of our sister company Mining Intelligence, The Northern Miner compiled the following list of British Columbia's four exploration projects with the highest net present values (NPVs), as measured by the project proponent's own studies.1. Wapiti River coal projectNPV: $2.5 billionLed by CEO Naishan Liu, the private, Vancouver-based Dehua International Mines Group owns the Wapiti...Read More