Pacton Gold (TSXV:PAC; OTC: PACXF, FSE: 2NKN) (theRead full newsRead More
Red Pine Exploration Inc (TSXV:RPX) ("Red Pine" or the "Company") announces a non-brokered private placement of a combination of non-flow-through units ("Units") and flow-through shares ("FT Shares" and together with the Units, the "Offered Securities") for gross process of up to $1,000,000 (the "Offering") in such relative amounts as determined by the Company.Read full newsRead More
"BTU Metals Corp. Announces Significant Expansion Of Red Lake Position Through Acquisition Of Burgundy Exploration Corp. @BTUMetalsCorp https://t.co/Pue5IU3PZY"Read full newsRead More
The global iron ore market will remain well supplied up until 2027, thanks to expanding output in Brazil and India, and to a slowdown in steel production in China, forecasts one Fitch Solutions Global Iron Ore Supply and Demand Outlook report, published this week.And in another report on the Iron Ore Mining Outlook, Fitch predicts global iron ore production will grow due to mine expansions in Braz...Read More
Shares in Mexican miners and companies with operations in the country were severely hit this week, as leftist President-elect Andres Manuel Lopez Obrador is expected to approve proposed legislation that could restrict mining activity in the country.Early this week, parliament members belonging to the National Regeneration Movement (MORENA) party tabled bills to include environmental and indigenous...Read More
ZYFRA Group, AI and IIoT solutions developer for industries is acquiring VIST Group, one of the industrial leaders in development and implementation of technologies for digital mining for $30 million. Through acquisition of this asset the company is planning to occupy a significant share of global intelligent mining market."Via several acquisitions and organic business growth, we are absolutelly o...Read More
Shares in Galantas Gold (TSX, LON:GAL) climbed more than 30% in London on Friday after a court of appeal dismissed a challenge to a Northern Ireland judge's approval of work at the company's Omagh gold project.Mining is already underway at Omagh, but once it reaches commercial production it's expected to produce 30,000 ounces of gold concentrate per year.The company stated the court ruled that...Read More
Oil's poised for a seventh weekly loss after Saudi Arabia signaled its output may have reached a record, while America's growing crude stockpiles stoked concerns over a potential supply glut.Futures retreated as much as 3.3 percent in New York, set for a 5.6 percent drop this week. Saudi Arabia is producing in excess of 10.7 million barrels a day, Energy Minister Khalid Al-Falih said, giving the s...Read More
The Hague-based Permanent Court of Arbitration has awarded South American Silver $18.7 million for amounts invested and another $9 million in interest for its Malku Khota concession, which the Bolivian government revoked in 2012.The company, now owned by TriMetals Mining (TSX: TMI; US-OTC: TMIAF) had sought compensation for damages in the amount of $385.7 million, which included $307.2 million f...Read More
Mr. Eric Edwards reportsTRIMETALS MINING INC.'S SUBSIDIARY, SOUTH AMERICAN SILVER, AWARDED APPROXIMATELY US$28 MILLION (INCLUDING INTEREST) IN ARBITRATION PROCEEDINGS AGAINST THE GOVERNMENT OF BOLIVIA On Nov. 22, 2018, an arbitration tribunal of the Permanent Court of Arbitration in The Hague, Netherlands, issued an award awardingTrimetals Mining Inc.'s wholly owned Bermudan subsidiary, South Amer...Read More
Mr. Mike Mutchler reportsAMARILLO PROVIDES BUSINESS UPDATE AND ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS Amarillo Gold Corp. has released its financial results for the third quarter ended Sept. 30, 2018. This press release should be read in conjunction with the company's condensed interim consolidated financial statements and management's discussion and analysis for the three and nine months...Read More
An anonymous director reports NORTH AMERICAN PALLADIUM ANNOUNCES NEW COLLECTIVE AGREEMENT RATIFIED WITH UNITED STEELWORKERS WORKERS LOCAL 9422A new three-year collective agreement with North American Palladium Ltd. has been ratified by the members of United Steelworkers Local 9422. The USW represents the production and maintenance workers at the Lac des Iles mine site. The new collective agreement...Read More
Mr. Joseph de la Plante of Osisko reportsOSISKO GOLD ROYALTIES LTD. EARLY WARNING REPORTOsisko Gold Royalties Ltd. has subscribed for and received from IDM Mining Ltd. 16,666,668 units at a price of six cents per unit, for an aggregate subscription price of $1,000,000.08. Each unit is composed of one common share in the share capital of IDM and one-half of one common share purchase warrantof IDM....Read More
Mr. Eric Edwards reportsTRIMETALS MINING INC.'S SUBSIDIARY, SOUTH AMERICAN SILVER, AWARDED APPROXIMATELY US$28 MILLION (INCLUDING INTEREST) IN ARBITRATION PROCEEDINGS AGAINST THE GOVERNMENT OF BOLIVIA On Nov. 22, 2018, an arbitration tribunal of the Permanent Court of Arbitration in The Hague, Netherlands, issued an award awardingTrimetals Mining Inc.'s wholly owned Bermudan subsidiary, South Amer...Read More
Mr. Mike Mutchler reportsAMARILLO PROVIDES BUSINESS UPDATE AND ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS Amarillo Gold Corp. has released its financial results for the third quarter ended Sept. 30, 2018. This press release should be read in conjunction with the company's condensed interim consolidated financial statements and management's discussion and analysis for the three and nine months...Read More
An anonymous director reports NORTH AMERICAN PALLADIUM ANNOUNCES NEW COLLECTIVE AGREEMENT RATIFIED WITH UNITED STEELWORKERS WORKERS LOCAL 9422A new three-year collective agreement with North American Palladium Ltd. has been ratified by the members of United Steelworkers Local 9422. The USW represents the production and maintenance workers at the Lac des Iles mine site. The new collective agreement...Read More
Mr. Joseph de la Plante of Osisko reportsOSISKO GOLD ROYALTIES LTD. EARLY WARNING REPORTOsisko Gold Royalties Ltd. has subscribed for and received from IDM Mining Ltd. 16,666,668 units at a price of six cents per unit, for an aggregate subscription price of $1,000,000.08. Each unit is composed of one common share in the share capital of IDM and one-half of one common share purchase warrantof IDM....Read More
Getty ImagesScott Teel carries a "for sale" sign out of a garage in Moore, Okla. The numbers: Existing-home sales ran at a seasonally adjusted annual rate of 5.22 million in October, the National Association of Realtors said Wednesday. That was up 1.4% for the month, marking the first monthly increase in six months. What happened: Sales of previously owned homes finally perked up, beating the M...Read More
Precious metals investors don't have much to console them these days. Just about the only bright spot is the nice, though ephemeral, pop in the gold/silver price that seems to happen every January. Sometimes it persists forsix or so months, sometimes it ends before the snows do. But either way it's more fun than the rest of the year. This pattern repeats because Asians like to give gold and silve...Read More
Precious metals investors don't have much to console them these days. Just about the only bright spot is the nice, though ephemeral, pop in the gold/silver price that seems to happen every January. Sometimes it persists forsix or so months, sometimes it ends before the snows do. But either way it's more fun than the rest of the year. This pattern repeats because Asians like to give gold and silve...Read More