"Wallbridge Intersects 87.63 g/t Gold Over 2.16 Metres In The Fresno Zone And 54.79 g/t Gold Over 2.36 Metres In The Naga Viper Zone @WMmining https://t.co/1BGttGPMfp"Read full newsRead More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) (Read full newsRead More
"Secova's Eagle River Project in the Windfall Lake District to Get Extensive Exploration @secovametals https://t.co/jCl7xEiQf6"Read full newsRead More
NOVEMBER 2, 2018 - Michael Rowley, president and CEO of Group Ten Metals sits down with Maurice Jackson of Proven and Probable to discuss his companies exploration for platinum, palladium, nickel, copper and cobalt in the Stillwater area of Montana. This is part 2 of a 3 part series introduction into the value proposition of the Metallic Group of Companies.Original Source: https://www.stree...Read More
IAMGOLD is considering two mine plan scenarios at its Sumitomo Metal Mining (TYO: 5713) joint-ventured C??t?(C) gold project in northern Ontario, according to a feasibility study the company recently announced.The base case open pit mine plan outlines a US$795 million after-tax net present value (NPV) at a 5% discount rate and a 15.2% after-tax internal rate of return (IRR). The second scenario, c...Read More
Canada's Barrick Gold (TSX, NYSE:ABX), which last month announced it was buying Randgold Resources (LON:RRS) in a $6.1-billion deal, is said to have resumed talks with rival Newmont Mining (NYSE:NEM) aimed at merging their gold operations in Nevada, US."They have been trying to negotiate for years but Newmont couldn't agree with Barrick, now that you have a new management team, it's certain they...Read More
Less than a month after Northern Vertex Mining Corp. signed a US$8.5 million silver stream financing with Maverix Metals, the company has reached a deal with existing shareholder Greenstone Resources for an unsecured working capital facility of up to US$10 million.The mine is expected to produce an average of over 50,000 gold-equivalent ounces a year over the first four years of a ten-year mine li...Read More
Regional, Rook ISASKATCHEWAN - Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen's Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax cash flow and a 43% increase in indicated resources compared to the 2017 preliminary economic assessment.The PFS looks at mining the Arrow uran...Read More
SEATTLE - As the commercial fishermen who ply salmon-rich, southwestern Alaska pack away their fishing gear for the winter, many are watching anxiously as a controversial mine proposal moves through the federal permitting process.On Tuesday, Alaskans will vote on an initiative that, if passed, would set stricter regulations for proposed infrastructure projects that affect salmon habitats.Advocates...Read More
LONDON, Nov 5 - The cost of building a copper or gold mine is likely to be cheaper than buying an existing one, dampening the prospect of big merger activity in the mining sector, S&P Global Market Intelligence said, citing in-house research.Data shared with Reuters support comments from major miners, including BHP and Rio Tinto , which say their strategy is to build or to "smart buy", if they can...Read More
Spearmint Resources (CSE:SPMT) started operations on its Chibougamau Vanadium Prospects located in Quebec, in the direct vicinity of the vanadium deposit of BlackRock Metal's Ilmenite project and Vanadium One Energy's Mont Sorcier project.Chibougamau is comprised of four separate claim blocks totalling 9,735-acres, near Lac Chibougamau in the northern region of the French-speaking province."As the...Read More
Mr. Sean Roosen reportsOSISKO DECLARES 17TH CONSECUTIVE QUARTERLY DIVIDENDOsisko Gold Royalties Ltd. will pay a fourth quarter 2018 dividend of five cents per common share. The dividend will be paid on Jan. 15, 2019, to shareholders of record as of the close of business on Dec. 31, 2018. For shareholders residing in the United States, the U.S.-dollar equivalent will be determined based on the dail...Read More
Mr. Sean Roosen reportsOSISKO REPORTS THIRD QUARTER 2018 RESULTSOsisko Gold Royalties Ltd. has released its consolidated financial results for the third quarter ended Sept. 30, 2018, and provided an update on matters following quarter-end. HighlightsEarned 20,006 gold equivalent ounces1 ("GEOs"), for year to date total GEOs of 60,548. Total 2018 annual GEOs is forecast to be in-line with the previ...Read More
Seequent, a developer of visual data science software and IMDEX, specializing in subsurface intelligence solutions, today announced an partnership to deliver a real-time 3D visualisation solution for the mining and exploration industry, aimed to improve the speed and accuracy of decision-making for drilling projects.Seequent and IMDEX are collaborating to integrate IMDEX HUB-IQ, which provides...Read More
Company Website: http://www.hecla-mining.comCOEUR D'ALENE, Idaho -- (Business Wire)Hecla Mining Company (NYSE:HL) today provided an update on its exploration programs during the third quarter.HighlightsLargest quarterly exploration program in company historyThere were up to 20 drills at 10 properties, 5 operating mines, all in North AmericaReserve price assumptions to determine this year's reserve...Read More
Follow the money...It's one thing that is as true with investing as it is in politics. Like Hansel and Gretel, you simply have to follow the bread crumbs to find out where the sausage is being made.Whether you are for or against the millions spent on elections, the main takeaway is this: we're living in a pay-to-play system, and if you stop to take a look at who is spending money and where, you'll...Read More
NEW BRUNSWICK - The world's largest fertilizer supplier, Nutrien, has announced the permanent closure of its New Brunswick potash facility near Sussex. The mine and plant have been on care and maintenance since early 2016.Nutrien says it will focus on increasing potash production in Saskatchewan where operating costs are lower and no capital needs to be invested. The company will take a US$1.8 bil...Read More
ELKO, Nevada, November 6, 2018 /PRNewswire/ --- U.S. Gold Corp. will drill up to 16,000 feet (approx. 5,000m) in approximately 8 holes - This program will assess a number of previously inaccessible targets because of previous permitting limitations - Identification, qualification, and prioritization of these targets were determined by means of detailed surface geology, geochemistry, and geophysi...Read More
Traders and market participants are quietly waiting to hear results from today's midterm elections. In possibly one of the most important midterm elections held in recent history, the net results could have a profound impact. This election will determine whether or not the current administration and the Republican-led House and Senate will continue to have total control resulting in the ability to...Read More
Caledonia Mining (TSX: CAL; NYSE: CMCL) has agreed to buy back Fremiro Investments' 15% shareholding in the Blanket gold mine in Zimbabwe in a deal valued at $16.6 million. After completing the transaction, Caledonia will own 64% of Blanket.Under the terms of the deal, the two companies will cancel Fremiro's outstanding US$11.46 million Caledonia loan. Caledonia will then issue Fremiro 727,266 s...Read More