Mining Stocks Articles

MGX acquires lithium brine projects in Chile - rapid lithium extraction to be tested - drilling to commence shortly

Aug. 9, 2018, 2:01 PM / MGX Minerals Inc.

VANCOUVER, BRITISH COLUMBIA / August 8, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG/ FKT: 1MG / OTCQB: MGXMF) is pleased to announce it has entered into an Memorandum of Understanding (the "MOU") to acquire 50% of the issued shares of Chilean Lithium Salars SpA ("CLS"). CLS is a wholly owned subsidiary of Chilean Lithium Salars Holdings Ltd. ("CLSH") and holds a 100% interest in th...Read More

RT @cberry1: The battery pioneer who, at age 96, keeps going and going

Thu Aug 09 13:20:30 2018 / Chris Berry

Four decades ago, John Goodenough helped invent the battery that is used to recharge cellphones, iPads and many other of today's electronic goods. Now he wants to change the game again, working on a prototype of a liquid-free and cobalt-free battery.Read full newsRead More

CROP Infrastructure Corp. (@CROP_cse) (CSE: $CROP // OTCMKTS: $CRXPF) Hits Important Milestone With Tenant Harvesti...

Thu Aug 09 13:16:08 2018 / CROP CORP

"CROP Infrastructure Corp. (@CROP_cse) (CSE: $CROP // OTCMKTS: $CRXPF) Hits Important Milestone With Tenant Harvesting in California ??'?[https://t.co/S60gPYn1rp]#POTstocks #investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #breakingnews"Read full newsRead More

Sprott to pay three-cent dividend Sept. 4

2018-08-09 13:05 / Mr. Glen Williams reports

Mr. Glen Williams reportsSPROTT INC. DECLARES SECOND QUARTER 2018 DIVIDEND Sprott Inc. has declared an eligible dividend of three cents per common share for the quarter ended June 30, 2018, payable on Sept. 4, 2018, to shareholders of record at the close of business on Aug. 20, 2018. About SprottInc. Sprott is an alternative asset manager and a global leader in precious metal and real asset invest...Read More

#Chile's #SQM says to overtake #Albemarle as world's top #lithium producer by 2022

Thu Aug 09 12:49:35 2018 / Staff reporter

Chilean miner SQM said on Wednesday it would overtake competitor Albemarle as the world's top producer of lithium by 2022, boosting its production capacity that year to 28 percent of the world's total versus the U.S.-based Albemarle's 16 percent.Read full newsRead More

Genius Properties files Meaghers NI 43-101 report

2018-08-09 12:30 / Mr. Guy Goulet reports

Mr. Guy Goulet reportsGENIUS PROPERTIES ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT AND INITIATE EXPLORATION WORK ON ITS MEAGHERS PROPERTY Genius Properties Ltd. has filed (on SEDAR) a National Instrument 43-101 technical report for its Meaghers property (located in Nova Scotia) and has initiated exploration on it.The technical report entitled, "The Meaghers Property, Halifax County, Nova Scoti...Read More

Vendetta Mining pegs Pegmont at 5.8M t indicated

2018-08-09 12:19 / Mr. Michael Williams reports

Mr. Michael Williams reportsVENDETTA INCREASES PEGMONT LEAD-ZINC MINERAL RESOURCE TO 5.8 MILLION TONNES INDICATED AND 8.3 MILLION TONNES OF INFERRED. OPEN PIT CONSTRAINED MINERAL RESOURCE NOW AT 54% INDICATEDVendetta Mining Corp. has provided the results of the updated mineral resource estimate for the Pegmont lead-zinc sulphide project in Queensland, Australia. This mineral resource will form the...Read More

Vedanta's suspends operations at Zambian unit after worker killed in accident

Aug. 9, 2018, 11:50 AM / Reuters

LUSAKA, Aug 9 (Reuters) - Vedanta Resources' Zambian unit said on Thursday work at its Konkola Copper Mine was stopped after one miner was killed in an underground accident to allow for investigations into the incident, the company said. In July production was halted at the same shaft, shaft 4, after a miner died in an accident.Vedanta said in June it planned to double copper production at Konkola...Read More

Futures Flat As #China Charges Higher; #Ruble, #Lira, Kiwi Collapse | Zero Hedge

Thu Aug 09 11:26:20 2018 / Staff reporter

European stocks slid amid trade war worries even as China surged; Russia's ruble tumbled to a 2-year low after the US imposed fresh sanctions while Turkey's lira dropped to a new record low.Read full newsRead More

MGX gets a hold of three lithium projects in Chile

Aug. 9, 2018, 10:34 AM / Valentina Ruiz Leotaud

Exactly six months after hinting at the possibility of opening shop in Chile, Vancouver-based MGX Minerals (CSE: XMG) announced that by making option payments of $1.5 million, it is acquiring 50 per cent of the issued shares of Chilean Lithium Salars.CLS is a wholly-owned subsidiary of Australia's Chilean Lithium Salars Holdings, which holds a 100 per cent interest in three prospective lithium exp...Read More

MGX gets a hold of three lithium projects in Chile

Aug. 9, 2018, 10:34 AM / Valentina Ruiz Leotaud

Exactly six months after hinting at the possibility of opening shop in Chile, Vancouver-based MGX Minerals (CSE: XMG) announced that by making option payments of $1.5 million, it is acquiring 50 per cent of the issued shares of Chilean Lithium Salars.CLS is a wholly-owned subsidiary of Australia's Chilean Lithium Salars Holdings, which holds a 100 per cent interest in three prospective lithium exp...Read More

Nevsun asks shareholders to reject Lundin's hostile bid

Aug. 9, 2018, 10:19 AM / Reuters

Aug 9 (Reuters) - Canadian miner Nevsun Resources Ltd on Thursday urged its shareholders to reject a hostile C$1.4 billion ($1.07 billion) offer from rival Lundin Mining Corp, and said the board was evaluating other potential alternatives.Lundin took its all-cash offer of C$4.75 per share directly to Nevsun shareholders on July 26, after its five previous proposals were rejected by the company.V...Read More

If This Chart Doesn\'t Scare You Out Of Stocks, Nothing Will

Aug 9, 2018 10:15 am / Sue Chang

BySueChangMarkets reporterIStockphotoViewer discretion is advised. A lot has changed since the stock market crash of 2000. Apple Inc. has gone from being just another computer brand to becoming the most valuable company in the world, Amazon.com Inc. went from being an e-book retailer to a byword for online shopping and Tesla's Elon Musk has risen from obscurity to Twitter stardom. Yet some things...Read More

Sunstone Metals to sell Scandanavian copper asset for $30.3 million

Aug. 9, 2018, 10:09 AM / Michael Allan McCrae

Perth-based junior, Sunstone Metals, is selling its Viscaria Copper Project to Copperstone Resources AB, a copper focused exploration company based in Sweden, for US$30.3 million. The project will be run as partnership between the two companies and will be named the Viscaria Copper Project. The two companies have just signed a non-biding letter of intent. Completion of the deal is subject to closi...Read More

Sunstone Metals to sell Scandanavian copper asset for $30.3 million

Aug. 9, 2018, 10:09 AM / Michael Allan McCrae

Perth-based junior, Sunstone Metals, is selling its Viscaria Copper Project to Copperstone Resources AB, a copper focused exploration company based in Sweden, for US$30.3 million. The project will be run as partnership between the two companies and will be named the Viscaria Copper Project. The two companies have just signed a non-biding letter of intent. Completion of the deal is subject to closi...Read More

Arianne, New Brunswick to review phosphoric acid plant

2018-08-09 10:03 / Mr. Brian Ostroff reports

Mr. Brian Ostroff reportsARIANNE PHOSPHATE PARTNERS WITH THE PROVINCE OF NEW BRUNSWICK FOR FURTHER REVIEW OF A PHOSPHORIC ACID PLANTArianne Phosphate Inc. has partnered with the Province of New Brunswick to further its review of constructing a phosphoric acid plant in Belledune, N.B. As part of this agreement, the government, through Opportunities New Brunswick (ONB), will provide a financial cont...Read More

Yamana Gold names new CEO, creates executive chairman role

Thu Aug 09 09:48:16 2018 / Staff reporter

Founder gives up CEO role.Read full newsRead More

Condor Gold Receives Environmental Permit to Construct and Operate a New Mine at La India Project, Nicaragua

Thu Aug 09 09:48:05 2018 / Staff reporter

VANCOUVER, British Columbia, Aug.07, 2018(GLOBE NEWSWIRE) -- Condor Gold (AIM: CNR; OTCQX: CNFGF; TSX: COG) is pleased to announce that it has received ...Read full newsRead More

Contractor dies in accident at Trevali's Perkoa Mine

Aug. 9, 2018, 8:38 AM / Rutendo Munatsirei

An accident claimed the life of a Trevali Mining contractor at the company's Perkoa Mine in Burkina Faso, Trevali announced in a news release today.The company's contractor, Byrnecut Burkina Faso, was working on underground preparation and development activities at the time of the incident. Upon knowledge of the accident all underground operations were suspended and authorities were notified."We a...Read More

Randgold not yet paying new higher Congo tax and royalties - executives

Aug. 9, 2018, 8:27 AM / Reuters

LONDON, Aug 9 (Reuters) - Randgold Resources is not yet paying the higher royalties and taxes required by the Democratic Republic of Congo's new mining code as the gold miner is still negotiating with the government, its executives said on Thursday.Congo's new mining law, effective from June, removes a 10-year stability clause despite fervent opposition from companies operating in the country, inc...Read More

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