(Bloomberg) - Standing high on top of a windswept dune in the West Texas plains, Greg Edwards stares out into a vast ocean of sand. It stretches in every direction, interrupted only by an occasional strip of asphalt or clusters of silos that rise high into the sky.Edwards runs a frack-sand mine. And those silos mark the presence of his rivals, who suddenly seem to be popping up everywhere. As he...Read More
July 10 (Reuters) - Australia's Mineral Deposits on Tuesday recommended shareholders accept a revised takeover offer from Eramet, noting that the French company had built up a stake that made it the largest shareholder in the mineral sands producer.Mineral Deposits had rejected the revised A$345 million ($256.85 million) offer in June, saying it still undervalued the company.The turnaround in reco...Read More
Open Mineral says smart contracts can cut some of the pain in shipping metals all over the worldRead full newsRead More
MANILA, July 10 (Reuters) - The Philippines' nickel ore exports could drop by up to 17 percent this year as weaker prices curb output in the world's second-biggest supplier, the head of a nickel mining industry group said on Tuesday.Shipments of nickel ore, used to make stainless steel, could fall to 30-35 million tonnes from 36 million tonnes in 2017, Dante Bravo, president of the Philippine Nick...Read More
Tesla's North American assembly lines are humming at last but the electric vehicle company's plans for Asia dwarves its current operations.Reuters quotes local Chinese media on Tuesday as saying the Californian company has signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars:The Shanghai government made the anno...Read More
Tesla's North American assembly lines are humming at last but the electric vehicle company's plans for Asia dwarves its current operations.Reuters quotes local Chinese media on Tuesday as saying the Californian company has signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars:The Shanghai government made the anno...Read More
Newrange Gold Corp. has been halted at 6:41 a.m. PT on July 10, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
Lithium exports from Chile, the country's with the largest known reserves of the white metal in the world, jumped in 2017 becoming its fourth largest mining export behind copper, molybdenum and iron ore.Lithium exports hit $684.2 million last year, up 47% from $465 million in 2016.Shipments of the key ingredient for making batteries that power electric vehicles (EVs) and high tech devices, hit $6...Read More
TORONTO, July 9, 2018 /PRNewswire/ - New Gold Inc. (Read full newsRead More
Barrick's deal with Shandong shows how Chinese companies have in recent years stepped up their involvement with Canadian mining companiesRead full newsRead More
Canadian miner Barrick Gold Corp and China's Shandong Goldon Monday said they would deepen cooperation beyond their Argentinian joint venture, potentially working together on acquisitions.Read full newsRead More
Mr. Mark Kolebaba reportsADAMERA MOBILIZES DRILL TO THE OVERSIGHT PROPERTYAdamera Minerals Corp. has mobilized a core drill tothe Cooke Mountain project near the historic high-grade Overlook mine in Washington State. The first two drill holes will follow up results from drill holes OS17-01 and OS17-03 which returned several high-grade gold assays including 10 grams per tonne over 1.1 metres, 6.5 g...Read More
Mr. N. Eric Fier reportsSILVERCREST EXPANDS BABICANORA FOOTWALL VEIN HIGH-GRADE FOOTPRINTSilvercrest Metals Inc. has relased further phase 3 drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora footwall (FW) vein has intersected additional high-grade mineralization. The Babicanora FW vein is subparallel to the Babicanora vein. This vein is approx...Read More
Mr. Anthony Makuch reports KIRKLAND LAKE GOLD ANNOUNCES SOLID Q2 2018 OPERATING RESULTS WITH TOTAL PRODUCTION OF 164,685 OUNCES OF GOLD Kirkland Lake Gold Ltd. has released production results for the second quarter of 2018 of 164,685 ounces and for the first six months of 2018 of 312,329 ounces. Production in the second quarter of 2018 exceeded target levels for the quarter driven by record quarte...Read More
New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.Read full newsRead More
Gabriel Resources (TSX-V:GBU), the miner that sued Romania for $4.4 billion in alleged losses related to its halted Rosia Montana gold and silver project, said Tuesday its top executive, Jonathan Henry, was leaving the company to "pursue other opportunities."While Henry has resigned from his position as President, Chief Executive Officer and Director, he'll continue to act as a consultant, Gabriel...Read More
Gabriel Resources (TSX-V:GBU), the miner that sued Romania for $4.4 billion in alleged losses related to its halted Rosia Montana gold and silver project, said Tuesday its top executive, Jonathan Henry, was leaving the company to "pursue other opportunities."While Henry has resigned from his position as President, Chief Executive Officer and Director, he'll continue to act as a consultant, Gabriel...Read More
World's No.1 miner BHP (ASX, NYSE:BHP), has been given the green light to go ahead with a planned expansion of its operations in Australia iron ore-rich Pilbara region for the next 50 to 100 years, which will secure its grasp over one of its most important commodities.Western Australia's environmental authority approval of BHP's proposal, first submitted 2012, will allow the miner build new mines...Read More
On July 6, 2018, Zald?-var signed a new power plant supply agreement with Colb??n, a Chilean electric power utility company. The copper mine will be the first to operate with 100% renewable energy: a combination of hydro, solar, and wind power.The Copper Mine, located in Northern Chile, is a 50% joint venture between Barrick Gold and Antofagasta since December 2015. Antofagasta's official website...Read More
On July 6, 2018, Zald?-var signed a new power plant supply agreement with Colb??n, a Chilean electric power utility company. The copper mine will be the first to operate with 100% renewable energy: a combination of hydro, solar, and wind power.The Copper Mine, located in Northern Chile, is a 50% joint venture between Barrick Gold and Antofagasta since December 2015. Antofagasta's official website...Read More