Fremont Gold (TSXV:FRE) (Read full newsRead More
Angkor Gold (TSXV:ANK, OTC:ANKOF) ("Angkor" or "the Company") CEO Stephen Burega is pleased to announce that Angkor is actively pursuing oil and gas opportunities in Cambodia in addition to its ongoing mineral exploration projects.Read full newsRead More
Red Pine Exploration Inc (TSXV:RPX) (Read full newsRead More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF)(Read full newsRead More
Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining and Crystal River Global in the Democratic Republic of Congo "definitely" has the potential to become the world's second-largest red metal mine."Kamoa-Kakula will become the world's second-largest copper mine with peak annual production...Read More
HighlightsDRA has entered into a merger agreement with SENET, a leading African project management and engineering firm to create one of the largest project delivery and operations management companies on the continent.SENET specialises in mineral processing project delivery and has successfully delivered gold, copper, cobalt, uranium, and iron ore projects throughout Africa. The complimentary mer...Read More
Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
Metso has opened a new Competence Center for mining in China (CCC). Located in Hunan province in central China, the center focuses on developing and manufacturing solutions for the fast-changing Chinese mining market.We sat down with the head of the CCC, Yiqiang Zhang, and asked him to tell a bit more about the center and his views on the mining industry in China.Why was the CCC established and wh...Read More
Sambo Mining is the main supplier of dolomite in South Korea, selling the product to the Asian steelmakers. In 2017, the production of -30mm end-product grew close to 100,000 tonnes to total of 800,000 tonnes a year. Of this, 200,00 tonnes of premium light-burnt dolomite (LBD) was produced for POSCO, one the largest steelmaking companies of the world, in addition to same amount of regular dolomite...Read More
First Division Ventures (CSE: FDIV) announced this week that it has entered into an Assignment and Property Option Agreement with Geoxplor Corporation of Arizona, for the option to acquire a 100% interest in the Temple Mountain property in Utah.In a media statement, First Division said Temple Mountain occupies 435 hectares and is located in Emery county, 34 kilometres north of the town of Hanksvil...Read More
Shares in Canada's First Quantum Minerals (TSX:FM) were up after announcing that it has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.Underwritten by three core relationship banks, the loan can be increased to up to $3 billion before the end of year, the Vancouver-based miner said. It comprises a $1.5-billion term-loan facility and a $1...Read More
Gainey Capital's first pass sampling at its newly-optioned Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne and confirmed the project's previously reported 1.5-1.6 km strike length. Peter Megaw leads the company's exploration team.The company took 42 samples at Las Margaritas, including chip samples from old pits, chip-channel samples from exposed veins an...Read More
Last year was a momentous one for Africa-focused Gem Diamonds (LON:GEMD), as it recovered a record number of huge precious stones from its flagship Let??eng mine in Lesotho, the world's highest-dollar-per-carat diamond mine.In Q4 2018, the company recovered three of the 15 diamonds over 100 carats - a new record for the London-based miner.The most important one, the 910-carat "Lesotho Legend",...Read More
Vancouver-based Genesis Metals Corp. has updated the resource estimate for its Chevrier gold project 30 km southwest of Chibougamau. Genesis is the 100% owner of the property.The estimate includes both the main and east zones, the east zone being 10 km northeast of the main zone. The main zone contains indicated resources totaling 10.8 million tonnes grading 1.22 g/t gold for 423,000 oz. of gold....Read More
Vancouver-based Goldplay Exploration has released the maiden resource estimate for its San Marcial silver project in Sinaloa. The resource contains 36 million oz. silver equivalent in the indicated category plus 11 million oz. silver equivalent in the inferred category.The indicated resource totals 7.6 million tonnes grading 117 g/t silver, 0.5% zinc and 0.3% lead. The inferred resource is 3.4...Read More
Market for lithium-ion batteries, utilized for example in electric cars and other electric equipment, is growing at an impressive annual rate of 20 percent. Due to increasing demand, a vital raw material for these batteries, lithium, is possibly one of the most valuable minerals in the foreseeable future. But what is the best place to look for the "white petroleum"?There are two notable sources. T...Read More
Russian steelmaker MMK expects steel output to remain broadly unchanged this year, the company's chief financial officer Andrey Eremin said on a conference call on Thursday.He added that the company sees no reason to change its existing policy with respect to its fourth-quarter dividend recommendation, which he said the company's board of directors is due to announce tomorrow.Speaking about foreca...Read More
Wallbridge Mining of Toronto says it has recovered more than 13,300 oz. of gold so far from the 35,000-tonne bulk sample and underground exploration at the Fenelon property. The project is located 75 km northwest of Matagami.The ore is being processed at the Camflo mill belonging to Monarques Gold. The first 25,000 tonnes of material had an average grade of 17.34 g/t gold. It was treated in fou...Read More
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country's largest gold producing mines.The new licence, effective from March 21, is valid until 2034, in line with Lefa's current life-of-mine.Nordgold, which spun off of Russian steelmaker Severstal i...Read More
Canada's Trilogy Metals (TSX, NYSE: TMQ) is upping the exploration budget for its projects in Northwest Alaska, after its partner Australia's South32 (ASX, LON:S32) agreed to equally fund a program along the Ambler volcanogenic massive sulphide (VMS) belt.Each company will contribute an additional $1 million for exploration at the Upper Kobuk Mineral Projects (UKMP), in addition to the $18....Read More