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VIDEO - Precious Metals Update May 2019. In this May update, INN looks back at how precious metals fared for the mo...

June 05, 2019 / twitter.com

"VIDEO - Precious Metals Update May 2019. In this May update, INN looks back at how precious metals fared for the month and what industry experts are saying about the sector. See the full video at https://t.co/gOLMWwGBLr #preciousmetals #investing #stocks https://t.co/T6yXYefKnB"Read full newsRead More

Mining Investment North America is returning to Toronto from June 26 to 27. Learn more about this event for mineral...

June 05, 2019 / twitter.com

"Mining Investment North America is returning to Toronto from June 26 to 27. Learn more about this event for mineral exploration and mining professionals, companies and investors worldwide at https://t.co/w54m0ydayq @MiningInvmt #mining #investment #toronto #investing"Read full newsRead More

Gold Resource Corporation Expands Isabella Pearl Deposit Intercepting 22.86 Meters of 1.03 G/T Gold Step-Out...

June 05, 2019 / twitter.com

"Gold Resource Corporation Expands Isabella Pearl Deposit Intercepting 22.86 Meters of 1.03 G/T Gold Step-Out @resource_gold https://t.co/oOzzC9jptF"Read full newsRead More

Angkor Announces Expansion Of Banlung Drill Program @AngkorGold

June 05, 2019 / bit.ly

Angkor Gold (TSXV:ANK, OTC:ANKOF) ("Angkor" or "the Company") CEO Stephen Burega announced today the expansion of the drill and exploration program on its Banlung license.Read full newsRead More

Trump's Cuba gambit pushes Canadian miner Sherritt to the brink

June 05, 2019 / www.mining.com

Sherritt International Corp., whose executives were once known as Fidel Castro's favorite capitalists, is paying the price for its close ties to the struggling Caribbean nation.The Canadian miner, which gets all its revenue from assets in Cuba, is being hit on multiple fronts by Donald Trump's isolationism, plunging nickel prices and cost overruns. With the stock at 21 cents and its bonds trading...Read More

US uranium miners see boost from Commerce Department report

June 05, 2019 / www.mining.com

Two uranium mining companies said on Wednesday they are "confident" that U.S. President Donald Trump will implement limits on uranium imports after the Commerce Department recommended urgent steps to boost domestic production of a list of 35 "critical minerals" that included the nuclear fuel.The White House is currently reviewing a petition lodged by the companies, Ur-Energy and Energy Fuels, that...Read More

Golden Share allowed to drill in the Marten Falls First Nation territory

June 05, 2019 / www.mining.com

The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources (TSXV: GSH) for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay Lowlands of Ontario, Canada.Ogoki and Kagiami sit 200 kilometres southwest of DeBeers' Victor diamond mine, approximately 150 kilometres sou...Read More

Estimated 5 million tonnes of lithium deposits found in southwest China

June 05, 2019 / www.mining.com

An estimated 5 million tonnes of lithium deposits have been found in China's southwestern province of Yunnan, scientists said, potentially curbing the nation's reliance on imports of the material, used in electric vehicle batteries.The Institute of Geochemistry, under the Chinese Academy of Sciences, said in a statement on its website on Monday that it had made the discovery. State media such as...Read More

Guinea iron ore prospectors set sights on ArcelorMittal rail

June 05, 2019 / www.mining.com

The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway, banking and industry sources said.Guinea's aspirations to develop Simandou, the world's largest known untapped iron ore deposit, have foundered because of the cost of infrastructure and protra...Read More

Papua New Guinea PM says resources reforms will take years

June 05, 2019 / www.mining.com

New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years.That will come as a relief for oil giants such as France's Total SA and ExxonMobil Corp which have done deals and were wondering if Marape would put them up for review.Marape,...Read More

Ecuador's new mining policy backs large-scale projects

June 05, 2019 / www.mining.com

The Vice President of Ecuador, Otto Sonnenholzner, and the Minister of Energy and Non-renewable Natural Resources, Carlos P?(C)rez, presented the country's new Public Mining Policy, with the focus on supporting large-scale operations and investments, and eradicating illegal mining.The announcement was made during a visit to the southern Zamora Chinchipe province, where Lundin Gold's (TSX:LUG) flag...Read More

Seabridge to acquire Goldstorm project in Nevada

June 05, 2019 / www.mining.com

Toronto-based Seabridge Gold has signed a definitive agreement to acquire 100% of the Goldstorm project from Mountain View Gold Corp. The sale price will be paid with 25,000 common shares of Seabridge.The Goldstorm project is located about 3 km east of Seabridge's 100% owned Snowstorm property. It lies at the intersection of the Northern Nevada Rift, Carlin Trend and Getchell Trend. Little explora...Read More

Purepoint Uranium updates work at Hook Lake

June 05, 2019 / www.mining.com

Purepoint Uranium Group of Toronto has offered an update on work planned for the Hook Lake uranium project. Purepoint (21%) sat down with its joint venture partners Cameco (39.5%) and Orano Canada (39.5%) to review data and develop the next steps to advance the project.There are three areas of particular interest. The North Dragon area lies 800 metres west of and parallel to the Dragon shear zone....Read More

Pretium drills deep, begins regional exploration program

June 05, 2019 / www.mining.com

Vancouver-based Pretium Resources reports that its 2019 deep underground drill program confirmed there is mineralization similar to the Brucejack mine at depth and to the east of the mine workings. The mine is located about 65 km north of Stewart, British Columbia.Two holes totaling 3,500 metres were drilled - one to the northeast and the other to the southwest - in an area that had not been drill...Read More

Aluminum's price premium has doubled and buyers want to know why

June 05, 2019 / www.mining.com

Donald Trump's trade wars are increasing scrutiny of an obscure process that has boosted how much U.S. beer makers and bottlers pay for aluminum cans.The chairman of Molson Coors Brewing Co. and a bottler for PepsiCo Inc. are urging the U.S. government to investigate the process used to set benchmark aluminum premiums, which have doubled from 2017 levels in the wake of U.S. import tariffs. And the...Read More

Contrarian Investors: Should You Buy Barrick Gold (TSX:ABX) or Bombardier (TSX:BBD.B) Stock Today?

June 06, 2019 / www.fool.ca

Contrarian investors are constantly searching for reliable stocks to add to their portfolios on the the hopes of picking up some big gains on a recovery in sentiment or improved business conditions.Let’s take a look at Barrick Gold (TSX:ABX)(NYSE:GOLD) and Bombardier (TSX:BBD.B) to see if one deserves to be on your buy list right now.BarrickAt the end of 2015, Barrick was on the verge of bei...Read More

A new theme has emerged in the gold M&A market - report

June 06, 2019 / www.mining.com

Momentum is building for M&A across the gold industry driven by the market, balance sheets and shareholders, a report titled An Activist Gold Rush? by Kingsdale Advisors released Thursday finds.Mining behemoths Barrick (NYSE: GOLD, TSX: ABX) and Newmont (NYSE: NEM, TSX: NGT) have grabbed headlines with acquisitions of Randgold and Goldcorp respectively. Barrick and Newmont, in a JV that creat...Read More

Epiroc rolls out 6th Sense for smarter mining

June 06, 2019 / www.mining.com

Epiroc presents 6th Sense, a new approach that combines digitalization and automation to boost customers' performance.There is a growing need for the mining and infrastructure industries to look to digital technologies to enhance productivity, sustainability and safety. 6th Sense is the Epiroc way to optimize customers' processes by connecting machines, systems and people using automation, informa...Read More

Warrior Gold drills high grades at Goodfish-Kirana

June 06, 2019 / www.mining.com

Toronto-based Warrior Gold has completed its 15-hole winter drilling program at its Goodfish-Kirana gold project 5 km from the town of Kirkland Lake. The results confirm the geological model, include several significant assays, and confirm historical results.Drilling at the C zone intersected two 100 g/t gold intervals and encountered multiple areas of intense deformation and sericite-carbonate al...Read More

Fortune Minerals offers four options for NICO project

June 06, 2019 / www.mining.com

Fortune Minerals is updating the 2014 feasibility study for its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. Hatch, P&E Mining Consultants and Micon International have been engaged to produce the new study.Four scenarios are contemplated:Produce cobalt and bismuth concentrates at the mine site and ship these to a proposed refinery in southern Canada (the original scenar...Read More

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