The votes are in, and pot is here to stay...Canada has become the biggest country in the world to fully legalize recreational marijuana.The Senate passed Bill C-45 - otherwise known as the Cannabis Act - on Tuesday with a vote of 52-29. This paves the way for a billion-dollar industry to finally begin flourishing. Once the law goes into effect in the next 8 to 12 weeks, Canadians will be allowed t...Read More
Bonterra will acquire all of Metanor's issued and outstanding shares in an acquisition that both companies hope will result in resource growth, exploration synergies and a de-risked path to production.Read full newsRead More
Telson Mining Corporation (TSXV:TSN) was featured in the Aurora Gazette, where the writer analyzes Telson's numbers.Read full newsRead More
CloseGain/LossGold $1269.50-$6.00Silver$16.30UNCHXAU81.25-0.52%HUI175.44-0.80%GDM611.50-0.75%JSE Gold1075.67+3.70USD95.09+0.05Euro115.83-0.01Yen90.73-0.34Oil$66.22+$1.1510-Year2.936%+0.046T-Bond144.50-0.4375Dow24657.80-0.17%Nasdaq7781.51+0.72%S&P2767.32+0.17% The Metals: Gold dipped $4.20 to $1271.30 in London before it bounced back to $1276.20 in morning New York trade, but it then fell b...Read More
Weaker Asian currencies have resulted in gold and silver prices not falling by much. As long as the physical gold price in India does not fall below Rs.30500 per ten grams for 22carat purity, downside risk will be limited. I do not foresee the physical gold price falling below Rs.30500 per ten grams for 22carat purity till Diwali. The Indian rupee has to gain against the US dollar significantly...Read More
At the recent Big Data and AI conference held in Toronto, the topic of mining disruption through technology was front and center. Speaker Denis Laviolette, president and CEO of Gold Spot Discovery, highlighted the need for the mining sector to embrace recent advancements.Read full newsRead More
Indicator and pathfinder minerals help explorers narrow down the search area for many different types of ore deposits, including gold.Read full newsRead More
In the Earth full of metals and minerals, not all lithium is created equal. Much of the world's current lithium production is derived from lithium-containing brine extracted from underground pools and concentrated by solar evaporation, the majority of which occurs in South America. Extracting economic lithium concentrate from brine waters involves evaporation in large ponds, is weather dependent,...Read More
Brixton Metals Corporation (TSXV:BBB) (the "Company" or "Brixton") is pleased to announce the intention to spin-out its Cobalt assets located in the Cobalt Camp, Ontario into a standalone public company.Read full newsRead More
June 19, 2018 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or the "Company") is pleased to provide an operations and drill results update regarding the Underground and Open Pit projects at its 100%-owned, fully-permitted Pumpkin Hollow Project in Nevada.HighlightsEarly Underground construction works ramping up:Early construction works continue to ramp-up at the Pumpkin Hollow Underground pro...Read More
(Bloomberg) - .Conamix, an Ithaca, New York-based battery-technology startup, raised $2 million from investors including an Exelon Corp.-backed company focused on innovations in energy storageThe Series A funding is part of an $8 million commitment from Volta Energy Technologies and another backer, according to Conamix Chief Executive Officer Charles Hamilton. The company is developing cobalt-free...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More
Agnico Eagle's LaRonde mine is the first to utilize AutoMine (R) with LTE communication network underground on a production scale. This will not only increase productivity and improve safety but also mark a breakthrough in technology.Sandvik was the first mining supplier in the world to introduce mine automation systems for underground hard rock mining and this time marks no exception. Sandvik wil...Read More
Johannesburg, 20 June 2018: Further to the announcement released on Thursday 14 June 2018 advising of the tragic loss of five employees who passed away after entering an area at its Kloof Ikamva mine that is not currently mined, on Monday 11 June 2018, Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) wishes to provide an update on safety at its operations.Sibanye-Stillwater has recently exper...Read More
The loss of a key partner has dealt a huge blow to Northern Dynasty Minerals' dreams of bringing the Pebble mine to life.Read full newsRead More
One of the strangest stories in the mining industry this year has been the battle between Russian gold miner Petropavlovsk Plc and its activist, mystery shareholders.Read full newsRead More
Shares in Sirius Minerals (LON:SXX), the British company building a huge polyhalite mine beneath a national park, were off to the races on Wednesday after it announced it had secured a major seven-year African supply deal.Sirius, which plans to sink two 1,500m deep shafts in the Yorkshire moors this year, said Intercontinental Trade DMCC Dubai had agreed to buy up to 350,000 tonnes a year of POLY...Read More
"The industry is in crisis," said Chris Griffith, CEO of Anglo American Platinum Ltd., the world's largest producer.The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-...Read More
Solstice among standout stocksRead full newsRead More
Miners laid off, mines closing, losses mounting-a huge headache for President RamaphosaRead full newsRead More