"Kairos Minerals (ASX:KAI) has uncovered two "extensive" new gold nugget patches at its Croydon project, located at its Greater Pilbara gold asset in Western Australia. https://t.co/Zbq3Z1YUD5 #ASX #gold #investing"Read full newsRead More
Carube Copper Corp. (TSXV:CUC) is pleased to report positive results from its ongoing surface exploration program at the Company's 100% owned Main Ridge Project (Read full newsRead More
Mineral driller Foraco International (TSX: FAR) today reported a terrorist attack at its camp in Niger's Toumour Village.In a media statement, the company said that at around 2 a.m. Thursday, November 22, a group of terrorists attacked the small building where a Foraco team was sleeping and killed eight people. Five other employees were wounded and two are in serious condition. An unnamed source t...Read More
The percentage of investment dollars flowing into Canada for mineral exploration has declined over the past decadeRead full newsRead More
Copper supply has surprised this year, but not in the way everyone expected.Read full newsRead More
The Women in Mining (WIM) organisation has recognised the pioneering work of Kay Nimmo at the International Tin Association in achieving practical solutions to the challenges of responsible minerals sourcing. Nimmo has worked over the past decade to create and implement industry-leading initiatives which achieve real impacts, including the ITSCI programme to resolve conflict mineral concerns, and...Read More
Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts, Marathon Gold (TSX: MOZ) reports.The company recently completed its 41,000-metre step-out and infill drill program for 2018, and assays include 5.36 grams gold over 11 metres from 26 metres below surface in hole MA-18-330; 3.63 grams gold over 10 metres from 134 metres...Read More
Saudi Arabia's King Salman on Thursday inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's gross domestic product by 24 billion riyals ($6.4 billion) and its non-oil GDP by around 3 percent.The kingdom will invest 85 billion riyals in the project, a 440-square-km (150-square-mile) city for mining industries in the northern region, the Ministry of Energy, Indust...Read More
South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More
SolGold's coveted Ecuadorian copper-gold prospect may be 20 percent bigger than the mining group said earlier this week, its chief executive Nick Mather said on Thursday.SolGold, in which Mather has a near 5 percent stake, said on Tuesday that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017."We think there's still 20...Read More
Chilean miner SQM said on Thursday that delays in a project to boost output of lithium from salt flat Salar de Atacama slashed sales volumes of the ultralight battery metal by 27 percent in the third quarter.SQM , the world's No. 2 producer of lithium, said the previously announced delays were partly offset by high prices and 25 percent growth in demand in 2018 on sales to producers of electric ve...Read More
Vancouver- based Walker River Resources (TSXV: WRR) has announced that it has just started a drilling program at its Lapon Canyon gold project in Nevada.Located 60 kilometres southeast of Yerington in the Wassuk Range, the project consists of 96 claims that occupy 1,940 acres.In a media statement, Walker River said that this winter drilling campaign will focus on infill and expansion of the Lapon...Read More
The major silver miners' stocks have been largely abandoned this year, spiraling to brutal multi-year lows. Such miserable technicals have exacerbated the extreme bearishness plaguing this tiny contrarian sector. While profitable silver mining is challenging at today's exceedingly-low silver prices, these miners are chugging along. Their recently-reported Q3'18 results show their earnings ar...Read More
Gold keeps whipsawing wildly as a mix of bullish and bearish indicators emerge almost simultaneously, driving extreme reactions from investors. After plummeting below the all-important US$1,200 per ounce mark, the yellow metal rebounded strongly in mid-October 2018 to now be trading at over US$1,200 an ounce.There are indications that now is the time for investors to weather-proof their portfolios...Read More
This week, an in-depth article featuring prominent mining executive and Chairman of the Augusta Group of Companies, Richard Warke. Featuring commentary from Barrick Gold Corp.'s Kevin Thomson and Ross Beaty, the article details Richard Warke's rise in the resource industry, from his sale of Arizona Mining Inc. this summer to his breakout sale of Ventana Gold in 2011 to Eike Batista.Read the full...Read 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
Aecon Group Inc. (TSX: ARE) announced today the closing of the definitive asset purchase agreement to sell substantially all of the assets related to Aecon's contract mining business to North American Construction Group Inc. ("NACG") (TSX: NOA/NYSE: NOA) for C$199.1 million in cash, subject to customary closing adjustments.The closing is effective November 23, 2018.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
BTU Metals (TSXV: BTU) has expanded its Dixie Halo gold project in Red Lake, Ontario, by acquiring Burgudy Exploration and its 41.6 sq. km of prospective land in the area. Dixie Halo surrounds Great Bear Resource's (TSXV: GBR; US-OTC: GTBDF) Dixie gold project and raises BTU's total Red Lake land position to 129 sq. km.BTU will acquire Burgundy for 3.6 million sharesThe company will call its new c...Read More
Camino Minerals (TSXV: COR) announced this week that it is in the process of completing an extensive surface exploration program on the 20,000-hectare Chapitos copper-gold project in southern Peru.Chapitos is located in the Arequipa province, near the Chala mining hub. This is the Peruvian Iron Oxide Copper Gold belt, which also hosts Minsur's Mina Justa, an open-pit deposit whose output is of 90,...Read More