First Mining Gold (TSX: FF; US-OTC: FFMGF) has updated the resource estimate at its Goldlund gold project in northwestern Ontario. The company added 248,700 oz. gold to its indicated resource but lost 628,400 oz. gold from its inferred resource.The project now contains 12.8 million indicated tonnes grading 1.96 grams gold for 809,200 oz. gold. It previously contained 9.3 million indicated tonnes a...Read More
After a 20,000-metre drill program last year at its Phoenix project in Red Lake, Ont., Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has increased measured and indicated resources by 110% to 589,000 oz. gold compared with the earlier estimate of 281,000 oz. gold, while gold grades fell 2% to 6.26 grams gold per tonne from 6.37 grams gold.Inferred resources fell 28% to 540,000 oz. gold compared to the...Read More
British Columbia Investment Management Corp. says it will vote against the proposed merger of Goldcorp (TSX: G; NYSE: GG) and Newmont Mining (NYSE: NEM) due to Goldcorp's decision to award its chairman, Ian Telfer, a US$12-million retirement allowance.BCI, which provides investment management services to B.C.'s public sector and has $145.6 billion under management, says the retirement allowance is...Read More
There's nothing new-fangled about bauxite mining in Jamaica.The railcars that shuttle thousands of tons of ore from the hills to Discovery Bay on the island's picturesque north coast are the very same ones used by the once-giant American company Kaiser Aluminum, which started mining here in 1967. Under a layer of red dust, they still read "Kaiser Bauxite Co."Yet this 50-year-old facility is at the...Read More
Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) will invest $50 million into expanding its 80%-owned Fekola mine in southwestern Mali, which could take the operation's processing throughput to 7.5-million tonnes a year, up from the current 6-million tonne throughput.The decision comes as the results of a preliminary expansion assessment (PEA), published on Wednesday, recommended an expansio...Read More
The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Wednesday it was working with the United Nations Environment Programme (UNEP) and ethical investors to devise global standards for tailings dams.The initiative is in response to the recent tragedy at Vale's Corrego do Feij??o mine in Brazil, where a tailings collapsed in Janua...Read More
Anglo Pacific Group is looking to expand in battery metals such as vanadium and ...Read full newsRead More
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Now Sibanye will wind down Driefontein's operations within 10 years, with plans to cut thousands of jobs as it shuts unprofitable shafts.South Africa's gold industry employs just over 100,000 people, less than a fifth of the number that used to drive the apartheid economy.With most of the nation'Read full newsRead More
Economist Mike Schussler said it's not only employees who stand to lose their jobs, but other industry players will also be affected.Read full newsRead More
More needs to be done to make the commodities industry welcoming to young women, who are less willing to put up with the sexist culture their older peers endured, female executives from trading houses, banks and mining companies said."It isn't the Wolf of Wall Street, but it is a tough environment," Wendy Moss, a veteran trader at Trafigura Group, said at the FT Global Commodities Summit in Lausan...Read More
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"DIAGNOS Announces Memorandum of Understanding with one of the 5 largest hospitals in the US for the final development of its CARDIO application -- #ADK $ADK #Diagnos @DiagnosInc #AI #Diabetes #artificialintelligence --Read the News Release here: https://t.co/vweMPzeNZW"Read full newsRead More
"Bluestone Resources is an advanced gold project thats looking to become the next gold producer Read their feasibility now: https://t.co/vwveNe0ftJ#bluestoneresources $BSR #gold #mine #momentumstocks #bsr #cerroblanco #exploration #goldcorp #mining"Read full newsRead More
"Video Interview - Gregg Sedun, lead director of Core Gold: Capital from Titan Merger Will Unlock Value https://t.co/ZAVdNNjcUE @CoreGoldInc #PDAC2019 #gold #merger"Read full newsRead More
Silver Spruce Resources Inc. (TSXV:SSE) (Frankfort:S6Q1) (Read full newsRead More
"Goldplay Exploration Announces Filing of Technical Report for the San Marcial Project @goldplay_gply https://t.co/Kt7T5MZOBU"Read full newsRead More
"Golden Predator Consolidates 3 Aces District; Acquires 100% Ownership of Reef Project @GPY_3Aces https://t.co/wgirOsE1AG"Read full newsRead More
"Pancon Completes First Drill Program at Montcalm Ni-Cu-Co Project, Identifies Target Area for Further Evaluation @PanconResources https://t.co/hl5YJw1fdB"Read full newsRead More