Montan Mining Corp. (TSXV:MNY | FSE:S5GM | SSE:MNYC) ("Montan" or the "Company") is pleased to announce that it has closed the non-brokered private placement (the "Private Placement"), previously announced in its News Release dated September 25, 2018 and further extended in its News Release dated November 9, 2018.Read full newsRead More
"Orsu Metals Recent Drilling Connects Kozie and Klyuchi West Occurrences into a Single 750-m-Long and 250-m-Wide Stockwork at Its Sergeevskoe Gold Project, Russia https://t.co/m2Kf3daJUB"Read full newsRead More
Red Pine Exploration Inc. (TSXV:RPX) (Read full newsRead More
Researchers from the University of Queensland have invented a new super-quick test for cancer containing gold...and it's likely to be cheaper than other similar tests.Read full newsRead More
Poppy Barley, a Canadian-based luxury leather goods brand, designs footwear and accessories for women and men who refuse to sacrifice style for comfort.Read full newsRead More
Demand is growing for palladium, a metal that is used in catalytic converters and in vehicle smog-control devices. Bloomberg News' Susanne Barton digs into the details of the surge in prices.Read full newsRead More
To help ensure your next vacation is nothing less than perfect, Airbnb is giving away a travel coupon valued up to $1,500 in our 12 Days of Giveaways!Read full newsRead More
Based on a 2012 exploration program that identified high-grade cobalt and vanadium at the Duddridge Lake project in Saskatchewan, Searchlight Resources (TSX-V: SRCH) decided to acquire the property located some 75 kilometers northwest of the town of La Ronge."With the increasing interest in battery technology utilizing both vanadium and cobalt, the Duddridge project represents an excellent project...Read More
Brazil's outgoing President Michel Temer launched Wednesday a new regulatory agency for the mining sector, linked to the Ministry of Mines and Energy, aimed at making the country's industry more competitive and sustainable.The National Mining Agency (ANM), which replaces the previous National Department of Mineral Production (DNPM), has been tasked with "promoting the management of the mineral res...Read More
Australia's Lucapa Diamond (ASX:LOM) has begun commercial production at its 70%-owned Mothae mine in Lesotho, which it acquired in early 2017.The operation will add to the Perth-based company annual output, until now on depending on just one mine - Lulo, in Angola.The commercial recoveries are being processed through a 1.1 million tonne-per-year plant, which is a key milestone in Lucapa's develo...Read More
Australian rare earths miner Lynas Corp (ASX: LYC) said Wednesday it was considering legal actions against the Malaysian government over the new conditions imposed on the company to renew its licence for a processing plant on the country's east coast.The miner, one of the world's main suppliers of rare earths outside China, said it was disappointed with the government's intention to impose new req...Read More
Paulson & Co. won some support from a prominent shareholder advisory firm for replacing three members of Detour Gold Corp.'s board, including its chairman, after nominating eight candidates.The recommendation by Glass Lewis & Co. on Tuesday was slightly more forceful than the stance taken by advisory firm Institutional Shareholder Services Inc. on Friday, when it urged shareholders to back Detour'...Read More
High risk/high reward. That's the bet being made by global lithium miners in Argentina who are brushing aside a recession, a currency crisis and political uncertainty in their hunger for the mineral that helps power electric cars.Rising demand and limited supply have resulted in lithium prices tripling over four years. In response, companies have been scrambling to build new mines, putting Argenti...Read More
Troilus Gold Corp. (TSX: TLG; US-OTC: CHXMF) has tripled its land position with the acquisition of 11,300 hectares to the northeast of its Troilus mine project in Quebec.Troilus is advancing its Troilus gold project immediately to the south, and has drilled more than 36,000 metres at the project this year.Last month the company updated the resource to 121.7 million measured and indicated tonnes gr...Read More
SAO PAULO - Brazil prosecutors alleged on Wednesday that employees at state-owned oil company Petroleo Brasileiro SA received bribes from trading giants Vitol, Trafigura and Glencore in return for business.Prosecutors said the companies bribed employees at Petrobras, as the Brazilian state oil company is known, to the tune of $15.3 million between 2009 and 2014.A spokesperson for Trafigura had no...Read More
SUDBURY, Ont. - Yesterday Vale and Glencore announced that they are planning to create a joint feasibility study to explore and develop mineralization accessible from Glencore's Nickel Rim South mine.The study will include both economic and technical feasibility for using the infrastructure - shaft, underground development, surface facilities - of the Nickel Rim mine that is expected to exhaust it...Read More
Victoria Gold Corp. (TSXV: VIT) has increased the tonnage, gold grade and ounces in the measured and indicated category at its Eagle deposit in the Yukon, where the Toronto-based company expects to start pouring gold in the second half of 2019.Once in production, the open-pit deposit will produce about 200,000 ounces of gold a year for more than a decade, according to a 2016 feasibility study, and...Read More
Growing uncertainty over the outlook for global growth has weighed on commodity prices and miners during recent months. Much of this has been triggered by fears of a trade war between the world's two largest economies, the U.S. and China. As base metal prices have softened, so too has the price of Canada's fifth largest miner Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK), which is down by 15% for t...Read More
International Lithium (TSXV: ILC; US-OTC: ILHMF) could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life at its Mariana lithium brine project, according to a recent preliminary economic assessment. It could also produce 84,000 tonnes per year sulphate of potash.The project, located in Salta, Argentina, has an estimated US$192 million after tax net present value...Read More
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows.According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising national...Read More