JAKARTA - Environmental officials have warned of the potentially catastrophic impact of a planned gold mine in a conservation zone in eastern Indonesia, amid mixed signals from the district chief responsible for approving the project. The proposed mine would cover 233 square kilometers (90 square miles), an area four times the size of Manhattan, in ...Read full newsRead More
Mr. Michael Allen reportsNORTHERN EMPIRE ACQUIRES 100%-INTEREST IN HISTORIC GOLDSPAR MINENorthern Empire Resources Corp. has entered into a lease purchase agreement to acquire 100-per-cent interest in the Mary-Goldspar property from a Nevada-based private company. The property is an inlier to Northern Empire's claims in the Bare Mountains district, Nye county, Nevada.Michael G. Allen, president an...Read More
Canada's Nutrien (TSX:NTR), the world's largest potash miner, is closer than ever to fulfilling all conditions for the merger between Potash Corp. and Agrium, which created the company, after India's antitrust regulator green-lighted the sale of its 24% stake in Chile's Chemical and Mining Society (SQM) to China's Tianqi.The country's Competition Commission (CCI) had given Nutrien until April...Read More
This year's ALTA conference had the highest attendance on record with 377 delegates from 29 countries, a massive 55% increase on 2017.Download (PDF, 2.57MB)Read More
Automating the Syama underground gold mine in Mali will reduce mid-tier gold producer Resolute Mining's mining costs there by 30%, according to CEO John Welborn. The company is also eyeing 30-40% production upside, too.Noel Dyson*John Welborn: Resolute's developing underground 'mine of the future' at Syama in Mali19 JUNE 201819/06/2018commentsshare Resolute this month signed a framewor...Read More
For as long as we've been extracting gold out of the ground, the precious metal has been used as a store of wealth that has, with few exceptions, increased in value over time.One of those more recent exceptions was the period between 2011 and 2015, when gold prices dropped from nearly US$1,900 to sub-US$1,100 per ounce, forcing miners to seriously consider cutting costs and focus on the most profi...Read More
The past several months have been very good for companies in the resource sector and, more specifically, those in the oil segment. As the price per barrel of oil continues to increase higher (as it should), it is easy to understand why many shares are also trading at higher prices.As the future profits of oil companies are dependent on the price of oil, the correlation between the going price per...Read More
Everyone wants a piece of the world's resources, including of course mining companies. But the industry's place in future supply chains could depend on its ability to become part of a "circular economy", a Vancouver conference has heard.Henry Lazenby in Vancouver BC minister of environment and climate change, George Heyman19 JUNE 201819/06/2018commentsshareMore than 55 billion metric tonnes of res...Read More
The Bonterra Resources Gladiator Project exploration camp located 170 km northeast of Val d'Or, Quebec. Source: Bonterra Resources Inc.Shares of Bonterra Resources Inc. [BTR-TSXV; BONXF-OTC; 9BR1-FSE] and Metanor Resources Inc. [MTO-TSXV; MEAOF-OTC] were active Tuesday June 19 on news that the companies have agreed to create a new gold exploration and development company, focused on Quebec's Urban...Read More
A Drill Rig Deployed For The Horne 5 Deposit In Rouyn Nouran.Osisko Gold Royalties Ltd. [OR-TSX, NYSE] said Tuesday June 19 that it has struck a deal to acquire 90% of the silver stream on Falco Resources Ltd.'s [FPC-TSXV] Horne 5 Project in Rouyn-Noranda, Quebec for a consideration of $140 million with ongoing payments equal to 20% of the spot price of silver to a maximum of US$6/oz.The upfront p...Read More
CALGARY - The Canadian Energy Research Institute says a pipeline capacity gap that is impeding the movement of Western Canada's crude to market will close by 2021 and there will be surplus capacity from about 2022 until 2030.In a forecast based on financial modelling, the Calgary-based think-tank calls for the Enbridge Line 3 and Trans Mountain expansion pipelines to open in about two years, follo...Read More
On June 18, 1940, Winston Churchill gave his "finest hour" speech. This is how it ended:What General Weygand called the Battle of France is over. I expect that the Battle of Britain is about to begin. Upon this battle depends the survival of Christian civilization. Upon it depends our own British life, and the long continuity of our institutions and our Empire. The whole fury and might of the enem...Read More
Vancouver, British Columbia - June 19, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Orla Mining Ltd. (TSXV: OLA) ("Orla" or the "Company") is pleased to report that drilling in the Caballito copper-gold zone at its wholly owned Cerro Quema project in Panama continues to intersect near-surface mineralization with greater than 1% copper and associated gold values.Diamond drill hole CQDH18-163...Read More
Vancouver, British Columbia - June 19, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cabral Gold Inc. (TSXV: CBR) ("Cabral" or the "Company") is pleased to announce initial sampling results from two new discoveries, Jerimum North and Jerimum East, along with further results of surface rock sampling at the Morro da Lua and Jerimum Cima targets, Cui?? Cui?? Project, Par?? State, Brazil.Highligh...Read More
A Purely Technical MarketLong time readers may recall that we regard Bitcoin and other liquid big cap cryptocurrencies as secondary media of exchange from a monetary theory perspective for the time being. The wave of speculative demand that has propelled them to astonishing heights was triggered by market participants realizing that they have the potential to become money. The process of achieving...Read More
An additive manufacturing expert with 20 years of industry and research experience at Lockheed Martin and NASA will lead the new Advanced Manufacturing degree program at Colorado School of Mines.Craig Brice, currently a senior research scientist with the Advanced Technology Center at Lockheed Martin Space, will join the university in July as program director and professor of practice. He will teac...Read More
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,316.53, down 67.10 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 41 cents, or 4.49 per cent, to $9.54 on 14.9 million shares.Baytex Energy Corp. (TSX:BTE). Oil and gas. Down five cents, or 1.12 per cent, to $4.42 on 12.6 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail...Read More
CALGARY - The Canadian Energy Research Institute says a pipeline capacity gap that is impeding the movement of Western Canada's crude to market will close by 2021 and there will be surplus capacity from about 2022 until 2030.In a forecast based on financial modelling, the Calgary-based think-tank calls for the Enbridge Line 3 and Trans Mountain expansion pipelines to open in about two years, follo...Read More
We've seen 29 states enact sensible policies.We've seen President Trump throw his verbal support behind state's rights on the matter.We've seen pressure from vets and politicians to open up federal funding for Veterans Affairs research and prescriptions.Now one of the last, but biggest, hurdles for the rapidly growing and maturing cannabis sector is coming down.And while it may involve what is jus...Read More
"BMO Capital Markets with a new report materially upping its #nickel demand forecast to reflect increased EV penetration rate"Read full newsRead More