Metallis Resources Inc (TSXV:MTS) (theRead full newsRead More
"Velocity Announces Positive Trench Results and Extension to Mineralization at Rozino Project, Bulgaria @velocitymineral https://t.co/1aMM8O8p35"Read full newsRead More
Deer Horn Capital (CSE:DHC) (the "Company" or "Deer Horn"), reports that the United States Geological Survey (USGS), Department of the Interior (DOI), has included tellurium on its list of 35 "critical minerals" for 2018. A key part of Deer Horn Capital's vision is to supply critical minerals, particularly tellurium, that are vital to a low-carbon economy as well as to new, emerging technologies...Read More
Searchlight Resources Inc. (TSXV:SRCH) (Read full newsRead More
"BTU Metals Applies for Drill Permits on Dixie Halo Project Following End of Fall Drone and Prospecting Program @BTUMetalsCorp https://t.co/ac4zkzjX49"Read full newsRead More
Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (Read full newsRead More
Bonterra Resources (TSXV:BTR, US:BONXF, FWB:9BR1) (theRead full newsRead More
London's gold market owned up to the biggest secret in bullion: it's not as big as some thought and, for last week at least, smaller than New York's.An average of $36.9 billion of gold and $5.2 billion of silver changed hands each day in the city's over-the-counter market, including metal for delivery in Zurich, according to figures released for the first time on Tuesday by the London Bullion Mark...Read More
Canada's Nevsun Resources (TSX, NYSEMKT:NSU) said Tuesday that Zijin Mining had received approval from Chinese and Canadian authorities for its proposed friendly $1.41 billion-takeover bid of the Vancouver-based miner.Both the go-ahead granted by China's State Administration of Foreign Exchange (SAFE) and the support by the Canadian Investment Canada Act (ICA), said Nevsun, were the final regulat...Read More
* Sees its margin to rise only by Y2,000/T in FY2018/19* Concerns about China's slower steel demand, export rise* Cuts FY crude steel output plan to 42.1 mln T from 43.3 mln TTOKYO- Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp is bracing for a weaker steel market in Asia because the escalating Sino-U.S. trade war may crimp steel demand in top buyer China and in Southeast Asia, a senio...Read More
Only one senior Nutrien Ltd. executive lives in Saskatchewan, but the potash company could still be getting heavily subsidized for maintaining head office jobs in the province.Despite being the only province with a potash industry, Saskatchewan subsidizes head-office jobs for potash companies. Deductions on potash profit taxes are offered at a rate of $25,000 per head, per year. For "new" corporat...Read More
After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out.WTI hit a low point at $56 per barrel on Wednesday and Brent hit a low just below $65 per barrel. Both crude benchmarks regained some ground at the end of the week, despite the huge increase in U.S. crude oil inventories. In fact, rising prices in the face of the 10-mill...Read More
Africa-focused Perseus Mining (ASX,TSX:PRU) said Tuesday that drill results from the Esuajah Gap deposit at its Edikan gold mine in Ghana show the asset contains "significant" mineralized granite bodes well for a productive life extension.While Edikan currently has only six years of resources left, the company believes the mine life could be extended by tapping into the Esuajah Gap discovery.Based...Read More
RIYADH - Saudi Arabia's King Salman will inaugurate on Thursday the Waad Al-Shamaal project, a 440-square-km city for mining industries in the country's northern region, Al Arabiya TV said, quoting energy minister Khalid al-Falih.The project will cost 85 billion riyals ($22.7 billion) and create 10,000 jobs, Falih said. It is part of an industrial scheme aimed at opening up Saudi's north to develo...Read More
Sibanye Gold Ltd., which received a strike notice from South Africa's Association of Mineworkers and Construction Union, said it won't increase its current wage offer that was signed off on by other labor groups last week."AMCU has decided to go on strike," the union said Sunday on its Twitter feed. Sibanye will be given 48 hours to come back with a better offer, it said. The company said Monday i...Read More
World's largest miner BHP (ASX, NYSE: BHP) (LON:BLT) said Monday it had settled its long-running tax battle with Australia's tax authorities concerning its marketing operations in Singapore.As part of the settlement reached with the Australian Tax Office (ATO), BHP is paying about A$529 million ($386.43 million) in additional taxes on income for 2003 to 2018, it said in the statement.The mining gi...Read More
Superior Gold (TSXV: SGI; US-OTC: SUPGF) has announced results for 9,700 metres drilled across 51 holes aimed at expanding the reserves and resources at the Indian zone on its 100% owned Plutonic gold mine in Western Australia.The company currently has three diamond drills operating underground at the project. It has focused two on grade control and infill drilling and the third on resource and r...Read More
Vancouver-based Tasca Resources (TSX.V:TAC) expanded its New Princeton Gold discovery area in British Columbia to 14,650 hectares by completing a staking program of 10,637 hectares surrounding the project.In a media statement, the company said the expansion made sense following a recent gold discovery from the bedrock trenching.Tasca explained that 51 bedrock samples and five float samples were ta...Read More
With the second round of bids to secure a piece of Teck Resources Ltd.'s $4.7 billion copper expansion expected in the coming weeks, victory may come down to more than price.Teck, which owns 90 percent of Quebrada Blanca in northern Chile, would like to sell a 30 to 40 percent stake to an outside investor. With the copper market widely forecast to go into deficit as soon as this year and the numbe...Read More
92 Resources (TSXV: NTY; US-OTC: RGDCF) recently acquired the 37 sq. km Silver Sands vanadium project in Pine Pass, eastern British Columbia, by paying $15,000 in staking costs. The vendor retains a 2% net smelter returns royalty on the property. Vanadium's spot price has risen more than 550% since September 2016, and is nearing its highest point since 2005.Silver Sands lies just east of Ethos G...Read More