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Congo's Gecamines to boost stake in Boss Mining JV to 49%

December 10, 2018 / www.mining.com

KINSHASA - Democratic Republic of Congo's state mining company Gecamines said on Monday it would increase its stake in its Boss Mining joint venture with ENRC Africa Holdings to 49 percent after the two companies renegotiated terms.The state miner is moving to increase its take from joint ventures with international miners such as Glencore and China Molybdenum, which it accuses of not bringing eno...Read More

Capstone increases reserves and planned production at Mexican copper project

December 10, 2018 / www.mining.com

Capstone Mining (TSX: CS) released today positive results of an updated technical report for its Cozamin mine, located north-northwest of Zacatecas City in the Mexican north-central state of the same name.Cozamin is a polymetallic underground mine with a surface milling facility.According to the updated report on the operation, Proven and Probable Mineral Reserves increased significantly compared...Read More

Newcrest options Cornerstone's Miocene property

December 10, 2018 / www.mining.com

CHILE - Over the last 15 years, Newcrest Mining has discovered gold deposits in Australia, Papua New Guinea and Indonesia and continues to explore and evaluate prospects in those countries as well as in many others including Fiji, North America, Mexico, Cote d'Ivoire, Chile, Argentina, and Ecuador.This week it signed an option agreement in Chile to earn up to a 75% interest in Cornerstone Capital...Read More

Barrick CFO Catherine Raw will take on the new job of COO for North America from January 1, after current USA presi...

December 10, 2018 / twitter.com

"Barrick CFO Catherine Raw will take on the new job of COO for North America from January 1, after current USA president Michael Brown retires | https://t.co/LiUQngb936 $ABX"Read full newsRead More

Heritage Cannabis (@HeritageCannab) (#CSE: $CANN) and Purefarma Announce Definitive Agreement [...

December 10, 2018 / twitter.com

"Heritage Cannabis (@HeritageCannab) (#CSE: $CANN) and Purefarma Announce Definitive Agreement [https://t.co/1nWz1XkSMY]#POTstocks #investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #MarijuanaStocks"Read full newsRead More

Mirasol Signs a Heads of Agreement with Newcrest Mining for the Gorbea Gold Projects in Chile and Announces Termina...

December 10, 2018 / twitter.com

"Mirasol Signs a Heads of Agreement with Newcrest Mining for the Gorbea Gold Projects in Chile and Announces Termination of the Zeus Agreement https://t.co/VeKW8bJQVP"Read full newsRead More

Mirasol Signs a Heads of Agreement with Newcrest Mining for the Gorbea Gold Projects in Chile and Announces Termina...

December 10, 2018 / twitter.com

"Mirasol Signs a Heads of Agreement with Newcrest Mining for the Gorbea Gold Projects in Chile and Announces Termination of the Zeus Agreement https://t.co/rhH4dgHmux"Read full newsRead More

Mine Tales: A.P.K. Safford, from California gold rush to Arizona Territory governor

December 10, 2018 / dlvr.it

A.P.K. Safford, prominent for his mining and railroad ventures, served as third territorial governor.Read full newsRead More

In case you missed it... North Bud to start operations at Low facility in Q1 -- @Northbudco #NBUD $NBUD #CSE #BNN...

December 10, 2018 / twitter.com

"In case you missed it... North Bud to start operations at Low facility in Q1 -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC #medicalmarijuana -- Read it here: https://t.co/IzWu3FqLSX"Read full newsRead More

Last week's top TSX stocks include four precious metals companies and an oil and gas explorer. The five TSX-listed...

December 10, 2018 / twitter.com

"Last week's top TSX stocks include four precious metals companies and an oil and gas explorer. The five TSX-listed mining stocks that saw the biggest gains are as follows on this article: https://t.co/5RxuAzgfYC #investing #preciousmetals #gold #stocks"Read full newsRead More

White Gold Corp. Discovers New High-Grade Parallel Structure 300m from Previous Drilling on Vertigo Target Intersec...

December 10, 2018 / twitter.com

"White Gold Corp. Discovers New High-Grade Parallel Structure 300m from Previous Drilling on Vertigo Target Intersecting 9.2 g/t Au over 9.14m, including 17.2 g/t Au over 4.6m @WhiteGoldCorp https://t.co/4wfL24X5w9"Read full newsRead More

Wallbridge Mining Adds to Its Management Team @WMmining

December 10, 2018 / bit.ly

Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) (Read full newsRead More

Red Pine Announces Change in Board Appointment @RedPineExpl

December 10, 2018 / bit.ly

Red Pine Exploration Inc. (TSX-V: RPX) (Read full newsRead More

Fortuna Silver exercises right to acquire majority stake in Mexican silver project

December 10, 2018 / www.mining.com

Fortuna Silver Mines (NYSE: FSM) (TSX: FVI) decided this week to move forward with a strategic cooperation agreement with Prospero Silver (TSXV: PSL) and exercised its right to be granted an option to acquire up to a 70% interest in the Pachuca SE project, located close to the historic mining city of Pachuca in Mexico's central Hidalgo state.To be able to do so, Fortuna has to spend $8 million in...Read More

Ivory Coast aims to double gold output by 2025

December 10, 2018 / www.mining.com

ABIDJAN - Ivory Coast plans to double gold production by 2025, its vice president said on Monday, as the west African country strives to revive its long-neglected mining sector.Ivory Coast, the world's top cocoa producer, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025, said Daniel Kablan Duncan at the opening of an ECOWAS meet...Read More

Tesla lithium supplier Kidman settles ownership row over Australian mine

December 10, 2018 / www.mining.com

MELBOURNE - Kidman Resources, a supplier of lithium to U.S. electric car maker Tesla said on Monday it had settled a court dispute that could have derailed joint development of a mine in Western Australia with Chile's SQM.In a statement announcing the settlement, Kidman did not specify terms. Court documents show the settlement was reached with private company Phoenix Rise and Jeffrey Hull, a reti...Read More

India's green court to issue judgment on Vedanta smelter next week

December 10, 2018 / www.mining.com

NEW DELHI - India's environmental court on Monday said it will issue its judgment in one week on whether to allow Vedanta Ltd to re-open its copper smelter, which was closed earlier this year after 13 people died when police fired on protesters.A panel of experts set up by India's National Green Tribunal, informally known as the environmental court, in November said authorities in Tamil Nadu state...Read More

Ignore Weaker Silver and Buy This Attractively Valued Silver Miner

December 11, 2018 / www.fool.ca

Despite gold firming of late, silver continues to languish at below US$15 per ounce, triggering considerable speculation that the white metal may never recover. This has had a sharp impact on primary silver miners, causing many to fall substantially in value since the start of 2018. While the poor outlook for the white metal bodes poorly for many silver miners, it shouldn't deter contrarian invest...Read More

Stock Selloff Boosting Gold

December 11, 2018 / www.miningfeeds.com

The recent stock-market selloff is persisting, fueling mounting worries among investors. The intensifying volatility and lack of a quick rebound higher is strangling euphoric sentiment, spawning self-reinforcing selling pressure. Scoffed at a few months ago, the notions that a young bear market is underway and a recession looms are gaining traction. The great beneficiary of this ominous stoc...Read More

Uranium price: best performer of 2018 set for more gains

December 11, 2018 / www.mining.com

The rally in uranium prices, which began in April this year amid production cutbacks in Kazakhstan and Canada, is set to continue as inventories of the nuclear material decline for the first time in nearly a decade.Production at Kazakhstan state-owned uranium miner Kazatomprom, responsible for more than a quarter of global output, was 19,600 tonnes during the first eleven months of 2018, a 7% decl...Read More

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