Northern Star Resources (ASX: NST) announced today that it has agreed to pay Westgold Resources (ASX: WGX) $62.6 million for the South Kalgoorlie mine, located about 50 kilometres from its Kundana operations in Western Australia.In a press release, Northern Star explained that the acquisition comprises the project's operating processing facility, which has an annual throughput capacity of 1.2 mill...Read More
Announcement from Aurora Cannabis Inc. (TSX:ACB) comes after Canopy Growth (TSX:WEED) hinted at a NASDAQ listingSmallCapPower | March 8, 2018: Aurora Cannabis Inc. (TSX:ACB), one of the leading cannabis companies in Canada, aims to get listed on an international exchange and is exploring options for the same. Among others, Aurora Cannabis is considering listing its shares on the Nasdaq, the New Yo...Read More
Zhaojin mine tour of Sabina's Gold's Back River Project. Nunavut. Sourcer: Zhaojin International Mining Co. Ltd.,The company has commenced a 6,000-metre Phase one spring drill program. That will be followed by another 20,000 metres this summer.A key focus of the first phase program will be a follow up on last year's success at the Umwelt "Vault" and Llama Extension targets, where significant miner...Read More
Aztec Minerals (AZT.V) has released another batch of drill results and we continue to like what we see there. All three holes reported in the most recent update contain mineralization which starts at surface which indicates the Cervantes strip ratio could be pretty close to zero. With 170 meters at 0.42 g/t gold, 122 meters at 0.6 g/t gold and 28 meters at 0.35 g/t gold (all starting at surface) t...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports March 8, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts recent movements in the gold and silver markets.Our proprietary cycle indicator is d...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop New Drilling Begins in NWT Deposit While Resource Estimate Grows at One of World's Largest Gold-Copper DepositsSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) This company had news on two fronts: drilling at its Northwest...Read More
"The presidency will survive. The real question is what leads American presidents into the imperial temptation. When the American presidency conceives itself as the appointed savior of a world in which mortal danger requires rapid and incessant deployment of men, weapons, and decisions behind a wall of secrecy, power rushes from Capitol Hill to the White House."-Historian Arthur Schlesinger, Jr....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Target Prices Raised on Cobalt Pure-Play After Major Royalty AcquisitionSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) Analysts assess the move by this company to acquire a royalty on a project that one calls "one of the...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Explorer with High-Potential Nevada Project Begins TradingSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) A new exploration company with a project that has seen some high-grade drill results begins trading on the Canadian...Read More
Via Sovereignman.comThe Securities and Exchange Commission clamped down on cryptocurrency firms last week in a major way.The regulatory body issued dozens of subpoenas (some groups estimate more than one hundred) to companies that conducted or advised on initial coin offerings (ICOs).Notes readers aren't surprised, as I've long warned that the scammy ICO market is one of the biggest bubbles I'v...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Explorer Reports World-Class Silver Mineralization in MexicoSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) A company exploring in northern Mexico looks to have hit a major high-grade zone under its already defined deposit...Read More
A Warning Signal from Market InternalsReaders may recall that we looked at various market internals after the sudden sell-offs in August 2015 and January 2016 in order to find out if any of them had provided clear advance warning. One that did so was the SPX new highs/new lows percent index (HLP). Below is the latest update of this indicator. HLP (uppermost panel) provided advance warning prior...Read More
Image: GlencoreThe price of copper dropped close to its 2018 lows and iron ore prices plunged on Thursday after customs data showed imports of raw materials by China weakening sharply in February.In brisk trading New York Comex copper for delivery in May gave up over 2% compared to Wednesday settlement price trading at $3.07 a pound ($6,770 per tonne). Copper is down 7% year to date.China's copper...Read More
Researchers from Arizona State University have developed a new method to produce lithium-metal batteries that allows for a controlled dendrite growth, which makes them safer and longer-lasting.The team found that using a 3-D layer of polydimethylsiloxane (PDMS), or silicone, as the substrate of the lithium metal anode can mitigate the formation of dendrites, which are needle-like growths that app...Read More
The Democratic Republic of Congo imminent law that more than double the tax miners operating in the country pay on exports of cobalt, will severely affect buyers of the metal, a key component in the lithium-ion batteries that power electric cars and mobile phones."Given the tight nature of the cobalt market at present, we would expect miners to attempt to pass through higher royalty costs to c...Read More
Swedish mining company Boliden (STO: BOL) won't have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile, a court ruled Thursday.The lawsuit filed in 2013 by around 800 residents of the city of Arica, in northern Chile, alleged Boliden exported 20,000 tonnes of mining waste in the mid-1980s, despite kn...Read More
The government of British Columbia revealed today the timeline that will guide the procedures to reform the province's environmental assessment process.Known by its initials, the EAP is a course of action to predict environmental effects of proposed initiatives, particularly mining and resource extraction projects, before they are carried out. In general, an EAP should identify potential adverse e...Read More
https://www.reuters.com/Gold mining in Africa has a bad rap - particularly when it comes to women. Depictions of the trade often focus on poverty, environmental destruction, prostitution and harassment. But in the gold mining belt of Mali, one of the world's poorest countries, the victimization lens does great injustice to the hundreds of women mining alongside men.Women working in the mines would...Read More
The Kennady Diamonds exploration camp, Northwest Territories. Source: Kennady Diamonds Inc.Winter infrastructure is now in place and two core rigs are fully operational with a total of 990 metres of drilling completed to date. Included in these results are two geotechnical holes and three exploration/delineation holes completed on the Faraday 1-3 kimberlite, with all five holes intersecting kimber...Read More
MGX Minerals project location map. Source: MGX Minerals Inc.The company has filed a technical report which examines the merits of building a conventional quarry pit mine with a processing and furnace/kiln combination to produce a saleable Dead Burn Magnesium oxide (DBM) product along with a caustic-calcined magnesium oxide (CCM) as a separate saleable product."We are extremely pleased with the res...Read More