""What people have recognized is that there needs to be diversification of supply, and there are opportunities within our own borders," said Mitchell Smith,chief executive officer of #GlobalEnergyMetalsCorp, which is developing U.S. #cobalt projects$GEMChttps://t.co/axM15Xlidc"Read full newsRead More
"They are currently doing tests at McGill for the first Bio-pesticide that will protect cannabis plants.HUGE potential#Mondias #Bio-Pesticide $NHP #McGill #McGillUniversity #RoundUp alternative #HealthyLiving #GrowOPP #CannabisCultivationhttps://t.co/DSMKq9Ov3R"Read full newsRead More
"Guyana Goldstrike Inc. ( $GYA.V / $GYNAF ) is exploring and developing the advanced-stage Marudi gold project in Guyana, South America.https://t.co/ci16bTCXXz #gold #guyana #stocks #investing"Read full newsRead More
"How Investors Can Profit from a Short Position. Read on to learn what this investment strategy is all about and how investors can use it to their advantage. https://t.co/rDX3taEjQl #shortposition #investing #investmentstrategy"Read full newsRead More
Acacia Mining climbed almost 6 percent after Barrick Gold proposed to purchase all outstanding shares of the miner.Read full newsRead More
"Golden Ridge Resources Announces Plans for 2019 Phase I Drilling Program at the Hank Project in BC'S Golden Triangle @goldenridgeres https://t.co/NYB1TLPyB1"Read full newsRead More
Desert Gold Ventures Inc. (TSXV:DAU, OTC:DAUGF, FKFT:QXR2.F) (Read full newsRead More
"Great Panther Provides Information for Annual General Meeting and Special Meeting of Shareholders @Gr8_Panther https://t.co/NkTZBhLKIE"Read full newsRead More
"Aben Announces Ambitious Exploration Plans for Justin Gold Project in the Yukon and Forrest Kerr Gold Project in BC's Golden Triangle Region @Aben_ABN https://t.co/ueH4atwhC7"Read full newsRead More
Toronto-based Iamgold has released the latest results from the winter drill program at its Lac Gamble zone at the Rouyn gold project 4 km south of the town of Rouyn-Noranda. The project is optioned from Yorbeau Resources.Highlighted results:Hole GA-19-682: 12.0 metres grading 3.56 g/t gold, including 0 metres grading 5.33 g/t;Hole GA-19-690: 7.8 metres grading 11.02 g/t gold, including 5.0 metres...Read More
The International Monetary Fund arrived for its first talks with the Democratic Republic of Congo since 2015 as President Felix Tshisekedi seeks to repair relations with the Washington-based institution and fulfill a pledge to fight corruption.Tshisekedi, who replaced Joseph Kabila after elections in December, last month told delegates while on a visit to Washington that he'd come "to untangle the...Read More
Australian lithium miner Wesfarmers (ASX:WES) announced on Thursday that it has entered into a Scheme Implementation Deed (SID) with Kidman Resources Limited (ASX:KDR), confirming the terms to acquire 100% of Kidman's outstanding shares. The agreed price of $1.90 per share represents a premium of 47.3% to the last closing price on 1 May 2019, prior to the announcement of Wesfarmers' proposal to...Read More
China's grip on the world's rare earths market is in focus once again amid speculation the dominant producer could choke off supplies as the trade war escalates. But they're not the only strategic minerals to watch if China's relations with the US deteriorate.The US relies on China for about 80% of its rare earths, which include neodymium, praseodymium and yttriumPresident Donald Trump's blitz on...Read More
Vedanta Resources Ltd. is learning the hard way that when it comes to Zambia's copper-mining industry, history tends to repeat itself.Fifty years ago, Zambia's first post-independence leader Kenneth Kaunda nationalized mines owned by Anglo American Plc and Roan Selection Trust to rally his political supporters. Now populist President Edgar Lungu is taking legal steps to take over the operations of...Read More
Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) said Thursday it had begun commercial production at its Gold Bar project in Nevada, US, which is expected to generate 50,000 bullion ounces this year.The Toronto-based miner also said Jack Henris will be in charge of operations. Henris has years of experience in mine management, having worked at Newmont for 12 years and at Barrick f...Read More
Ongoing stoppages at Newmont Goldcorp Corp's Penasquito gold mine in Mexico are costing "millions" every day to both public coffers and the company, a senior Mexican official said on Thursday, urging a solution that will restart operations.Speaking to reporters in Mexico City, Francisco Quiroga, the deputy economy minister responsible for mining, said he wanted operations at the country's largest...Read More
South Africa's Public Investment Corp. faces a tough choice: back Sibanye Gold Ltd.'s takeover of Lonmin Plc, and take a hit on its investment, or scupper the deal and risk having to pony up more cash for the platinum miner.When Lonmin shareholder votes are tallied next Tuesday at a meeting in London, the PIC's 30% stake would be enough to block the acquisition. While the takeover was originally t...Read More
Transition Metals (TSXV: XTM) has staked two new properties, collectively covering 15,144 hectares in northern Saskatchewan's Wollaston Basin Copper Belt.In a press release, the miner said that the Fannon and Tosi properties are located approximately 100 kilometres south of Key Lake and about 30 and 85 kilometres, respectively, southwest along trend with the company's Janice Lake property that is...Read More
Vedanta Resources said on Thursday it will challenge in court a decision by Zambia's High Court to appoint a legal firm as a provisional liquidator of Konkola Copper Mines (KCM).The liquidation application was brought against Vedanta-controlled KCM by Zambian state-owned ZCCM-IH, which holds a 20.6% stake in the unit."Vedanta has serious concerns about the intentions of the applicants and the proc...Read More
This week’s Canadian mining news was dominated by the gold stocks, with junior gold miners in particular preparing for the arrival of the drilling season in the north. Aben Resources (TSX-V:ABN) announced details of its hotly awaited exploration programmes in both Yukon and the Golden Triangle. The junior gold miner plans to extend its drilling season by a month by initiating a 2000...Read More