Angkor Gold Corp. (TSXV: ANK, OTC:ANKOF) ("Angkor" or "the Company") CEO Stephen Burega is pleased to announce that Grant T. Smith, CPA, CA, has joined the Board of Directors of Angkor effective immediately.Read full newsRead More
Great Panther Mining Limited (TSX: GPR; NYSE American: GPL) (Read full newsRead More
Condor Gold (LON:CNR) has started the permitting process for two high-grade satellite feeder pits that could increase production at its La India gold project in Nicaragua by 50% to 120,000 ounces a year.The America and Mestiza pits are located about 2km and 4km, respectively, from La India's processing plant and complement the main open pit.Mining the satellite feeder pits could increase La Indi...Read More
Toronto-based junior Euro Sun Mining's (TSX: ESM) stock jumped over 20% on Tuesday after the company announced a non-brokered private placement financing of up to 10m units for gross proceeds of up to C$3 million.Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of C$0.50 for a period of 24 months from issuance.The Rovina Valley Project...Read More
Millennial Lithium (TSXV: ML) announced that its Pastos Grandes Salar lithium brine project in Argentina is now home to a solar-powered permanent project center, which includes a 60-100 person camp with dorms and other facilities, an on-site laboratory, and a process pilot plant under construction.In a media statement, the Vancouver-based miner highlighted that a state-of-the-art hybrid solar powe...Read More
Commodity trader and miner Glencore has hired Daniel Liu, a former Singapore-based trading manager at Goldman Sachs, to join its derivatives desk in Singapore, several sources with knowledge of the matter told Reuters on Tuesday.Liu is due to start his new role at Glencore Asia soon and will cover oil and natural gas derivatives, according to two of the sources.Liu has traded fuel oil derivatives...Read More
Industry leading, fleet management and mine production solution, Pitram, has been rolled out at Kirkland Lake Gold's (ASX: KLA) Fosterville operation in Victoria to support the miner's low-cost production growth strategy.The implementation brings the total number of sites in Australia using Pitram to 22, further extending Pitram's presence in the industry.Pitram Operations Manager Daren Hinchliffe...Read More
Resource development, a principal economic driver of the Northwest Territories' (NWT) economy, is getting a $5.1 million boost in federal funding.The Government of Canada is investing in two projects that will support resource development in the Slave Geological Province (SGP), an area where the territory's three operating diamond mines are located.New mining projects are expected to inject n...Read More
The Explorer Challenge is on for explorationists from around the world to find new targets at the Mount Woods tenements of the Prominent Hill copper-gold project.This is a crowdsourced challenge offered by OZ Minerals to peruse over two terabytes of their project data and pinpoint the most promising drill targets. The contest runs until the end of May 2019 with the top targets to be drilled later...Read More
With digitalization at its heart, ABB Ability MineOptimize connects all electrification, automation and digital offerings to optimize all stages in the lifecycle - from design and build to operation and service - of any open pit or underground mine and minerals processing plant.ABB Ability MineOptimize is a comprehensive portfolio of optimized electrification, drives and automation solutions, opti...Read More
From so-called sin stocks to potentially overlooked mining industry players, there are some high-growth tickers currently trading on the TSX index with a mix of low market fundamentals and healthy balance sheet stats. Let’s take a look at three of the best such stocks and see whether they might be suitable for mid-term capital gains investment.Whitecap Resources (TSX:WCP)One of the better po...Read More
Kootenay Silver's (TSXV: KTN) stock jumped over 4% after the Canadian junior explorer announced that its non-brokered private placement financing, originally for C$2.5 million, closed Wednesday for over C$7 million.Kootenay is actively engaged in the development of major silver projects in Mexico, including the La Cigarra Silver project in Chihuahua, and the Promontorio and La Negra silver discove...Read More
The State of Mining Finance 2019 report produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, shows Toronto's stock exchanges managed to bump its share of global exploration capital up to 44%.However, the value of equity raised by juniors on the TSX and TSX-V decreased by 58% and 23% in 2018 respectively.There is also a change in the way explor...Read More
Publisher's Note: Mr. James Dines is a legend whose insight has been proven time and time again.Today we bring you an excerpt of The Dines Letter discussing the Washington economic establishment and why it wants to push interest rates and inflation to the point of recession.To your wealth,Nick HodgePublisher, Outsider ClubIt's about as long as Parsifal, and not as funny.- Noel Coward, The Wit of...Read More
Mar 06, 2019 Guest(s): Bob Thompson Senior VP & Portfolio Manager, Raymond James According to the "mining clock," a concept used to measure commodity cycles, we are now in the first third of a bull cycle, said Bob Thompson, Senior Vice President & Portfolio Manager of Raymond James. "The mining clock is just a simple way to see what's happening in the market, reverse engineer that, and then...Read More
Toronto-based Avesoro Resources has released the pre-feasibility study for its New Liberty gold mine. The open pit is the country's first and largest commercial gold mine. The new PFS examines development of an underground mine.According to the PFS, the life of the project will be extended seven years to 2029 based on current proven and probable reserves. The open pit reserves are 4.9 million to...Read More
SGS Canada is launching a new service for the metals and mining industry - Field Analytical Services and Testing (FAST), in North America and Australia. FAST provides real-time data acquisition in the field by pairing portable instrumentation and machine learning. It will bring instrumentation into the field, provide data within 24 to 48 hours and, with the use of machine learning, enable real-ti...Read More
The Goodman School of Mines at Laurentian University and the Core Foundation signed a memorandum of understanding this week aiming to promote the school's education and research activities in Peru, Chile and Brazil.Osman Abou-RabiaThe Core Foundation is a non-profit organization dedicated to create new knowledge, discovery and innovation in Latin America."Countries like Peru need our strong...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Wednesday as Wall Street awaited new details on trade talks between the U.S. and China.General Electric (GE) extended declines Wednesday, falling 8%, after CEO Larry Culp warned that free cash flow from the conglomerate's industrial division is likely to remain negative this year.Abercrombie &...Read More
Global zinc premiums have been little changed over the past week with a worsening Chinese import arbitrage distorting the marketplace for the world's largest base metals consumer, Fastmarkets heard on Wednesday March 6. European zinc premiums near October 2010 lowUS markets stable with lead and zinc demand healthyChinese markets suffering from arbitrage window. Northern European zinc premiums stay...Read More