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
HONG KONG, Aug 20 (Reuters/IFR) - China's Tianqi Lithium Corp is looking to raise up to $1 billion in its Hong Kong stock market flotation, despite this year's fall in lithium prices, two people close to the deal told Reuters.The company, the world's second largest lithium producer by sales, on Friday filed plans for Hong Kong's second lithium listing this year. The draft prospectus was put on the...Read More
Australian junior Northern Minerals (ASX: NTU) is getting close to begin exporting quality rare earth carbonate from its Browns Range project in Western Australia's Kimberley region as it has finished commissioning a pilot plant at the site.Western Australia's first heavy rare earths (HREs) plant has now all its components installed, powered up and tested as part of the commissioning process, the...Read More
Aug 20 (Reuters) - Titanium minerals miner Kenmare Resources Plc said on Monday pretax profit for the first half of the year jumped nearly three-fold, as it shipped more finished products to China and other Asian markets.The Dublin-based group, whose operations are focused in Mozambique, is seeing its fortunes improve after a commodity downturn a few years ago weakened mineral prices.Kenmare, whic...Read More
Colorado School of Mines held its annual M Climb event on Friday where students and faculty carried a 10-pound rock from their hometown to form an M on a local mountainside.The school says the tradition dates back from 110 years ago when students and faculty built a monument on Mount Zion by loading a supply train of burros and packing it way up. Today, a students hike up Lookout Mountain Road, wh...Read More
Mr. W. Douglas Eaton reportsSTRATEGIC METALS LTD. OPTIONS THE VAN PROJECT TO VANADIUM NORTH RESOURCES INC.Strategic Metals Ltd. has granted Vanadium North Resources Inc. the optional right to purchase a 100-per-cent interest in Strategic's Van project.Van project The Van project is a major sediment-hosted vanadium prospect that has not seen focused exploration since 1985.The project encompasses se...Read More
Canadian-based mining company, SEMAFO Inc. announced an update on its security measures in Burkina Faso, following two armed incidents last week.The transportation of personnel and supplies has resumed at both the Boungou and Mana mines and measures have been taken to improve employee safety.All expatriate employees are now being transported by helicopter between Ouagadougou and the mines, and SEM...Read More
Canada's Lucara Diamond (TSX:LUC), the company that hit the jackpot in 2015 after finding the world's second-largest diamond, is stepping up efforts to track gems in the supply chain and advance personalized sales by inking a deal with industry technology developer Sarine Technologies.Through its subsidiary Clara Diamond Solutions, acquired in February, the Vancouver-based miner will include Sa...Read More
Mr. Darin Wagner reportsBALMORAL COMMENCES SUMMER-FALL 2018 DRILL PROGRAMThe summer-fall 2018 drill program on Balmoral Resources Ltd.'s Detour gold trend project in Quebec has commenced. The minimum 7,500-metre program will include: Expansion drilling of the 3.45-million-tonne Grasset nickel-copper-cobalt-PGE (platinum group elements) deposit;Follow-up drilling of nickel discoveries and new targe...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN fell further while following the precipitous path of copper and other commodities, plunging as low as 1239.97 before rebounding into the end of the week at 1262.38 for a loss of 6.9 points.A bright spot for the Index was that the short-term momentum indicator RSI ma...Read More
"@Gold_Failed A close below 1122 would favor a new low in 2019, If we hold 1160, then an autumn rally can develop.While there are no absolutes, only odds, those odds favor gold being near the end of its downdraft. Sentiment and COT certainly favor a low soon."Read full newsRead More
"@Agazzi_Gautama While the optimum price targets have been met, my one concern is cycles.Gold may have bottomed early, but i can't rule out a low near Aug 26th (first chart). A buy near 1173 spot with a stop at 1156 is a consideration.If cycle inverted (2nd chart) then a bounce in play."Read full newsRead More
Underground DevelopmentContinental Gold Inc. [CNL-TSX, CGOF-OTCQX] on Monday released results from drilling on the Veta Sur system at its 100%-owned Buritica project in Antioquia, Colombia.A 19.9%-owned affiliate of Newmont Mining Corp. (NEM-NYSE), Continental Gold is an advanced-stage exploration and development company with an extensive portfolio of wholly-owned gold projects in Colombia.The 75,...Read More
The Kerr Mines Copperstone Mine in western Arizona. Source: Kerr Mines Inc.Kerr Mines Inc. [KER-TSX, KERMF-OTC, 7AZ1-FRA] said Monday it has agreed to sell its remaining properties in Northern Ontario to a unit of Orefinders Resources Inc. [ORX-TSXV, OTC-ORFD] in a move that will allow Kerr to focus on its Copperstone Mine in Arizona.Orefinders shares rallied on the news, rising 7.69% or $0.005 to...Read More
HALIFAX - Former neighbours Nova Scotia and Morocco are joining forces in a bid to find petroleum riches.The two were part of the same land mass 200 million years ago, before the supercontinent known as Pangaea broke apart.Now, groups in each territory - the Offshore Energy Research Association of Nova Scotia and Morocco's Office National des Hydrocarbures et des Mines - have signed a memorandum o...Read More
The price of gold has lost as much as 14% since April, falling all the way down to $1,160 per ounce.Has the yellow metal bottomed?1-Year Gold5-Year GoldThere's no doubt that negative sentiment surrounding gold has peaked.The most recent Commitment of Traders (COT) report shows speculative short gold positions growing for the ninth straight week. Short positions against gold are now the largest in...Read More
Colorado School of Mines welcomed back students for the first day of classes today and officially launched five new degree programs. Click on the links below to learn more about all the new degree offerings for the 2018-2019 academic year. UndergraduateBachelor of Science in EngineeringGraduateAdvanced ManufacturingNatural Resources and Energy PolicyQuantitative Biosciences and EngineeringSpace R...Read More
August 20, 2018 - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") is pleased to provide an update on its Hog Heaven project data review, new geophysical data acquisition and short term project development plans.Highlights from the work to date at the Hog Heaven project:Completed the historical assay data entry and drill log data entry. Total metres historically drilled on the p...Read More
Angel Abbud-Madrid, director of the Center for Space Resources at Colorado School of Mines, recently appeared on Colorado Public Radio's Colorado Matters to discuss space resources and the new graduate program launching at Mines this week. From the story:It may sound like science fiction, but the new space mining program at the Colorado School of Mines is all fact. The university's Center for Spa...Read More
The 2018 M Climb was held Friday, Aug. 17, and a photographer from The Denver Post was there to document the annual tradition. This year marks 110 years since Colorado School of Mines students and faculty first built the whitewashed monument on Mount Zion.To see the full photo gallery, click the link below.Read More