Published on: Feb 12, 2018 | by finfeedArcher Exploration Limited (ASX:AXE) has today informed the market of outstanding results from recent metallurgical test work it conducted on drill samples from its Ketchowla Cobalt Manganese Project in South Australia.The positive metallurgical tests, combined with the results from AXE's earlier drilling at the site, both reinforce the potential for the comp...Read More
Attorneys from Antofagasta's First Environmental Tribunal, together with company executives, researchers and conservation experts, visited, flew over and sailed around the site where Andes Iron's Dominga mine and port project would be located, in the central Coquimbo region. The trip was part of an evaluation process the court was prompted to undertake following Andes Iron's appeal of an August 20...Read More
Vancouver-based MGX Minerals (CSE: XMG) is known for its unconventional mining methods aimed at recovering lithium, nickel, vanadium, and cobalt mostly from waste material from different extractive industries.Without changing the way it operates, the Canadian miner now wants to set foot in the world's second lithium producing country: Chile. Thus, management announced the opening of a field office...Read More
The Association of Mineral Exploration in British Columbia recently awarded Seabridge Gold (TSX: SEA)(NYSE:SA) the 2017 Robert R. Hedley Award for excellence in social and environmental responsibility at its KSM project, which the company says is one of the largest undeveloped gold projects in the world measured by reserves.Inspired by the work at KSM, Brent Murphy, Seabridge Vice President of Env...Read More
Samsung SDI, South Korea's leading battery maker, has unveiled plans to recycle cobalt from used mobile phones and develop lithium-ion batteries with minimum content of the metal, or no cobalt at all, as a way to offset soaring prices for the silver-grey commodity.Carmakers are scrambling to secure supply of cobalt, a key ingredient in lithium-ion batteries that power electric vehicles, which pric...Read More
Russia's Ambassador to Iran, Levan Dzhagaryan, announced Sunday that his government offered some support so that the Middle Eastern country revamps the Fordow nuclear facility, located near the northern city of Qom.In an interview with Russia's news agency TASS, Dzhagaryan said a delegation from the state-run nuclear agency Rosatom visited the Iran and discussed "certain practical aspects of the p...Read More
Acacia Mining (LON:ACA), Tanzania's No.1 bullion producer, has scrapped its 2017 dividend after a long-running dispute with the government of the East African nation cost the company $700 million in annual loss.The company, majority owned by Barrick Gold (TSX, NYSE:ABX), also said its gold output would drop in 2018 as a result of the ongoing ban on exports of metal concentrate, which represent...Read More
Australia's Lucapa Diamond (ASX:LOM) announced that, for the first time, workers at its 70% owned Mothae mine in Lesotho have recovered diamondssourcedfromresidualmaterialandkimberlitestockpiles.In a press release, the company explained that the gems were recovered through theexisting bulk sampling plant and infrastructure at Mothae, which has been refurbished ahead of schedule as part of a previo...Read More
Suncor Energy (TSX:SU), Canada's second-largest oil and gas producer, is buying Mocal Energy's 5% stake in the Syncrude joint venture for $730 million (roughly Cdn$920 million), and said it's also acquiring an interest in an offshore project in the Norwegian Sea.As a result of the first deal, expected to close in the first quarter, Suncor's share in Syncrude rises to 58.74% from 53.74%. The other...Read More
Toronto-based Bold Ventures announced today that it has acquired two separate claim groups located within the Georgia Lake Area Pegmatite field in Ontario. The two properties are the Jean Claim Group and the Barbara Claim Group. The first one consists of eight claims comprising 94 units covering an area of approximately 1,504 hectares, while the second one consists of two claims comprising 32 unit...Read More
Mining bitcoins requires a great deal of computing power which in turn needs a lot of electricity to solve the mathematical puzzles that reward miners with cryptocurrency.China and South Korea have already banned bitcoin mining due to problems with a lack of control over fraud and money laundering, and in China's case, concern over the amount of power that the activity sucks from the electricity g...Read More
Eighteen people have been killed in Venezuela at an illegal gold mine following clashes with security forces.On Sunday Associated Press reported that there was a confrontation in Bolivar state between an armed gang that was threatening wildcat miners. The army then travelled to the Cicapra mine to try and control the area. No soldiers were among the dead.AP stated:It was the most violent incident...Read More
A uranium deposit in Western Australia under development by Cameco (TSX:CCO, NYSE:CCJ) will not be held up by conservationists who oppose it.Last week the Conservation Council of WA lost an appeal against the Yeelirrie project's approval by the WA Supreme Court. In his judgment, Chief Justice Wayne Martin dismissed the CCWA's contention that environmental approval by the former WA Environment Min...Read More
https://www.reuters.com/MELBOURNE (Reuters) – Australia's top coal hauler, Aurizon Holdings Ltd, is on course for a showdown with the world's biggest coal exporters after a regulator capped the revenue it can charge at A$1 billion ($783 million) less than the company sought.BHP Billiton, Glencore, Anglo American, Peabody Energy and others face cuts of nearly a tenth of their coal export volu...Read More
Vista Gold Corp. (TSX: VGZ; NYSE-AM: VGZ) has completed a new prefeasibility study on its 100% owned Mt Todd gold project in Australia's Northern Territory that shows the project has the capacity to become the country's fourth largest gold mine.Vista acquired the project, located 250 km southeast of Darwin, in 2006, already decked out with infrastructure. Since then it has tripled the resource and...Read More
Organigram (TSX-V: OGI) is expanding, Horizons Marijuana Life Sciences (TSX: HMMJ) launches a new ETF, and prohibitionists are trying desperately to stop Michigan from legalizing. This and more in today's Green Chip Minute ...Read More
Lithium has been the most relevant energy metal over the past few years.In recent months, cobalt has become the energy metal favored by investors.The demand for both of these metals is set to increase rapidly as demand for lithium-ion batteries continues to grow. But the energy metal with the biggest upside right now is one you might not associate with energy, or even know: vanadium.There's nothi...Read More
Via Soveriegnman.comLess than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government's budget deficits over the next several years.And the numbers are pretty gruesome.In order to plug the gaps from its soaring deficits, the Treasury Department expects to borrow nearly $1 trillion this fiscal year.Then nearly $1.1 trilli...Read More
Just 15% of Americans think the government will bring us to a better future. 59% say the government is the most broken institution, followed by 21% who think the media is the worst.On the other hand, 29% of Americans think NGOs (non-governmental organizations) are the most likely institutions to lead to a better world followed by 22% who say businesses will take us where we need to be.Trust in gov...Read More
Via Soveriegnman.comLess than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government's budget deficits over the next several years.And the numbers are pretty gruesome.In order to plug the gaps from its soaring deficits, the Treasury Department expects to borrow nearly $1 trillion this fiscal year.Then nearly $1.1 trilli...Read More