Premier Gold Mines (TSX: PGM) has signed an option agreement with Ely Gold Royalties (TSXV: ELY; US-OTC: ELYGF) to acquire its Rodeo Creek property, which sits adjacent to Premier's South Arturo open-pit mine, a joint-venture operation in which it owns a 40% stake and Barrick Gold (TSX: ABX; NYSE: ABX) owns 60%.Under the agreement with Ely Gold Royalties, Premier Gold can acquire a 100% stake...Read More
Two miles below Earth's surface, scientists found animal life in a South African gold mine. They wonder: If life can exist there, could it exist on Mars?Read full newsRead More
Two miles below Earth's surface, scientists found animal life in a South African gold mine. They wonder: If life can exist there, could it exist on Mars?Read full newsRead More
"#Cannabis may have gone legal recreationally, but the real prize could be medical advances in #cancertreatment #medicalmarijuana #breastcancerRead full newsRead More
"$MDX-V Launches Strategic Artificial Intelligence Initiative with leading #dermatologists and its technology partner, Blanc Labs! -- #Health #cancer #skin #dermatology #healing#melanoma #skincancer $MDX https://t.co/qebMI3UJzY"Read full newsRead More
"AREV Brands International Ltd. announces Success in Terpene Blends on 1st Degree Burns and Insect Bites -- #AREV #ArevInternationalBrands #momentumstocks $AREV $AREV.CA #ACMPR #SmallCaps #CSE #BNN #hemp #CBD #smallcap #cannabis-Read the News Release here: https://t.co/cDGseifUG8"Read full newsRead More
Epiroc today launched a second generation of battery-powered machines designed to lower mining costs and promote a healthier underground work environment.The battery-driven underground loaders, trucks and drill rigs will create a number of benefits for mining companies globally, including improved health and safety, reduced greenhouse gas emissions and lower operating costs."We at Epiroc want to h...Read More
Electric vehicles are reaching global markets far and wide - and deep. Swedish mining equipment maker Epiroc AB now aims to electrify all its underground machines within five years.As much as 40% of an underground mine's energy outlay is spent on powering gigantic ventilation systems to remove pollutants from tunnels, this can be reduced by using less dieselThe manufacturer on Wednesday launched a...Read More
Generic Gold Corp. (CSE:GGC) (Read full newsRead More
"Brixton Metals Delineates a Gravity Anomaly and Begins Drilling the Kimberlite Discovery at its Langis Project, Ontario @brixtonmetals https://t.co/OWXUelaEcf"Read full newsRead More
The world's second largest miner, Rio Tinto, (ASX, LON:RIO) is said to be preparing an offer for a minority stake in Teck Resources' (TSX:TECK.A | TECK.B)(NYSE:TCK) Quebrada Blanca copper mine in northern Chile.Canada's largest diversified miner, which in August received regulatory approval for a $4.8 billion extension of the mine, has been looking for a development partner that could invest $...Read More
The Democratic Republic of Congo's state-owned miner sought an urgent meeting to discuss a decision by Glencore Plc unit Katanga Mining Ltd. last week to halt cobalt exports.Katanga, controlled by Glencore, announced Nov. 6 it suspended sales from its Kamoto mine in southeast Congo after detecting levels of uranium in supplies above those allowed for export. Gecamines, the government-controlled mi...Read More
Golden Ridge Resources (TSX-V: GLDN) has completed its option agreement with Lac Properties Inc. (LAC), a subsidiary of Barrick Gold Corporation, and now has a 100% interest in the Hank project in British Columbia's Golden Triangle District.LAC will continue to hold a 2% NSR on the project as well as certain back-in rights. LAC has the option to purchase a 51% interest in the Hank Project upon a m...Read More
Canada's IAMGOLD (TSX: IMG) has triggered force majeure to suspend operations at its Rosebel Gold Mine in Suriname because some unionized employees have started a work stoppage.In a press release, the miner said the strike is a breach of the Collective Labour Agreement that prescribes a number of procedures in the event of a dispute between Rosebel and Rosebell Werknemers Organisatie. The company...Read More
Iran executed a gold dealer known as the "Sultan of Coins," in a warning to merchants not to exploit the country's financial troubles as U.S. sanctions squeeze the economy.Vahid Mazloumin was sentenced to death in October after being accused by Iranian authorities of contributing to price hikes by hoarding gold.The very specter of sanctions, even before they were resumed in August, plunged the Ira...Read More
SHANGHAI - Chinese copper smelters are looking to make more investments in mines, pushing to shore up supply of concentrate at a time when competition for the raw material is heating up, industry executives said on Wednesday.China is the world's biggest consumer of the metal but its own copper mine production has been stagnating amid a broad crackdown on pollution, exacerbating a heavy reliance on...Read More
* Unclear how big reserves are or when they can be mined* Glencore holds small stake in ocean explorer DeepGreen* Anglo American sold stake in Nautilus* Environmentalists seek strict rulesLONDON - China, the leading holder of international deep sea exploration licences, has increased its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains de...Read More
Canada's Pan American Silver (TSX:PAA) (NASDAQ:PAAS) is buying precious metal miner Tahoe Resources (TSX:THO) (NYSE:TAHO) for $1.07 billion in cash and stock, creating one of the world's largest silver producers.Pan American, already the world's second-largest primary silver miner, will effectively double its silver reserves with the acquisition, as Reno, Nevada-based Tahoe Resources owns a maj...Read More
NEW YORK - Paulson & Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the third quarter of 2018 while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp remained unexposed to the metal.With investors continuing to favor the U.S. dollar and riskier assets against the backdrop of a global trade war, New York-based Paulson &...Read More
RIO DE JANEIRO - Brazil's Samarco Mineracao SA, a joint venture between BHP Billiton and Vale SA, on Wednesday named former Usiminas mining executive Cristina Cavalcanti as its new chief financial officer.Cavalcanti joins Samarco as it attempts to renegotiate billions of dollars in debt with creditors and restart operations after a tailing dam burst in 2015, killing 19 people.Cavalcanti previously...Read More