Triumph Gold Corp. (TSXV:TIG, OTCQB:TIGCF) is pleased to announce its intention to complete a non-brokered private placement (theRead full newsRead More
"Video Interview - White Gold Chief Technical Advisor Shawn Ryan: The Source of the Placer Gold in Yukon https://t.co/aIVR0Zy6Ho @WhiteGoldCorp #gold #yukon #investing"Read full newsRead More
Precious metals miner Fresnillo reported a fall in first-quarter production on Thursday, calling it "slightly weaker than anticipated" but sticking to output targets for the year as spending on tackling operational issues paid off.Silver output slipped 14.8 percent to 13.1 million ounces in the three months ended March 31, mainly due to lower grades of ore and lower ore throughput, Fresnillo said....Read More
Shareholders in US gold giant Newmont Mining (NYSE:NEM) have almost unanimously approved the miner's proposed $10B takeover of Canada's Goldcorp (TSX:G) (NYSE:GG), a deal that creates the world's largest gold producer by market value, output and reserves, robbing Barrick of its recently cemented supremacy.Almost 98% of the votes were in favour of the transaction, which was first announced in Ja...Read More
Jeffery Woods is the new chief metallurgist at Victory Metals in Vancouver. He has a strong background in metallurgical and mineral processing testing and process flowsheet development. Woods has also developed several proprietary metallurgical processes. He was VP of metallurgy and process engineering for Frontera Mining from 2011 to 2016.Haver and Boecker welcomed Wilm Schulz as head of the Nort...Read More
Los Andes Copper (TSXV: LA) issued a media statement announcing the Environmental Evaluation Service's approval of the drill work carried out on the company's Vizcachitas project in Chile during 2015-2017.Even though the campaign had already taken place, Los Andes Copper said it had to resort to the Environment Service office because, in April 2017, Chile's Superintendency of Environmental Affair...Read More
Lumina Gold (TSXV: LUM) has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit in Ecuador, part of its Cangrejos copper-gold project.The company cut 0.62 gram gold per tonne and 0.11% copper over 626 metres from surface including 1.14 grams gold and 0.13% copper over 86 metres from 224 metres downhole and 0.93 gram gold and 0.18% copper over 86 metres f...Read More
Australia's Federal Minister for Industry, Science and Technology, Karen Andrews, announced the approval of a Future Battery Industries Cooperative Research Centre (CRC) at Curtin University in Perth. Andrews also said her office will commit A$25 million in funding.CRC is a national collaboration between 58 industry, government and research partners, together pitching in additional A$28 million. T...Read More
The Mosaic Company, a Brazilian fertilizer maker, said on Thursday it will suspend production at its phosphate mines of Tapira and Catal??o after failing to obtain a deadline extension in order to provide stability certification for three of its tailings dams.Phosphate is a crucial fertilizer ingredient and Mosaic's operation is the largest in Brazil, which is a global leader in agriculture, produ...Read More
Asia's mining sector continues to hold the greatest rewards globally, with positive business environments, rich mineral deposits, supportive infrastructure and political stability in countries holding the top positions in Fitch Solutions' Asia Mining Risk/Reward Index.The analyst's latest report, released Thursday, revealed that Australia continues to reign at the top, while Myanmar and the Philip...Read More
Sibanye Gold Ltd. raised $125 million by selling future gold production, the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.In exchange for the cash, South Africa's largest gold miner will deliver about 106,000 ounces of gold to Citigroup Inc., it said Thursday. That comes after the company this week sold about $120 million of new shares.Key Insig...Read More
Santiago - China's Tianqi Lithium Corp has come to an agreement over the governance of Chilean miner SQM with key shareholder Pampa Group, easing away from hostilities over control of the world's second-biggest producer of lithium.Tianqi's $4.1 billion purchase of a 23.77% stake in SQM, which mines lithium used in electric vehicle batteries, went through in December, but the Chinese firm has faced...Read More
Troilus Gold Corp. (TSE:TLG) has announced a bought deal public offering of common shares that will raise approximately $12 million. The shares are priced at $0.85 each.The shares will be purchased by a syndicate of underwriters co-led by Canaccord Genuity and GMP Securities. The underwriters have been granted an over-allotment of 2.1 million shares that would, if fully exercised, raise an additio...Read More
The global nickel market and its key growth sector, electric vehicle (EV) batteries, will face grave supply shortages unless key Chinese-led projects in Indonesia start up in a timely and cost-effective manner, analysts said on Thursday.The outlook, issued by delegates attending an industry gathering, comes after China's Tsingshan Group last year surprised the market with a low-cost estimate and s...Read More
Does your portfolio include any precious metals investments? Gold miners have been viewed as the de facto must-have stocks to add to any well-balanced portfolio for as long as anyone can remember. I’m not saying that its not a good idea to have a miner or two in your portfolio, but when it comes to the precious metals sector (and all of its volatility), there are better options to consider a...Read More
Shares in Coeur Mining (NYSE: CDE), the second largest primary silver producer in the US, took a 3.9% hit Thursday, after reporting that first quarter 2019 gold and silver production had decreased at three of its five mines. Friday's gold and silver spot prices were steady at $1,290.33 and $14.98 per ounce.Total production for the first quarter of the year was 78,336 ounces of gold, 2.5 million o...Read More
The boards of Orocobre (TSX: ORL; ASX: ORE) and Toyota Tsusho Corp. have given the green light to building the Naraha lithium hydroxide plant, which will be the first of its kind in Japan.The majority of production will feed the Japanese battery industry and will be sourced from the lithium carbonate produced from the phase two expansion of Orocobre's Olaroz mine in northern Argentina's Jujuy pr...Read More
Chilean copper miner Antofagasta Plc (LON:ANTO) will make a decision about going ahead with a $3B expansion of its Centinela mine, located in the country's north, by the end of next year or in 2021.Speaking on the sidelines of the World Copper Conference held this week in Santiago, chief executive Iv??n Arriagada said the company had recently decided to advance the studies on a second concentra...Read More
Polish lawmakers approved a 15% cut to the country's copper tax on Friday, which would give state-run KGHM (WSE:KGH) a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past few years.The motion was approved by 407 members of the parliament's lower house, dominated by the ruli...Read More
Miramont Resources (CSE: MONT; US-OTC: MRRMF) cut significant mineralization during the 3,600 metre drill program at its Cerro Hermoso polymetallic project in Peru in one zone but limited mineralization in two others.The company tested Cerro Hermoso's Central Breccia zone, Stockwork zone and Carbonate Replacement zone. While it encountered short intervals of anomalous mineralization in the Stockw...Read More