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Eldorado Gold announces resumption of crushing and stacking at Kisladag

April 02, 2019 / www.mining.com

Eldorado Gold Corporation has announced that as of April 1, 2019, mining, crushing and placing of ore on the Kisladag heap leach pad has resumed. This follows the company's announcement on January 30, 2019, that it would resume full operations at Kisladag. Further testwork is underway to determine the effects of a 250 day leach cycles on deeper material, the results of which are expected to be ava...Read More

Uganda seeks again to redevelop defunct Kilembe copper mine

April 02, 2019 / www.mining.com

The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore, it said on Tuesday, and several international firms have expressed interest in the project.Once a major producer of copper and cobalt, Kilembe was abandoned by Canadian firm Falconbridge in the 1970s when Uganda's economy stagnated under the erratic leadership of dictator...Read More

First Quantum plans $327m expansion of giant copper mine in Panama

April 02, 2019 / www.mining.com

Canadian miner First Quantum Minerals (TSX:FM) is planning a $327 million expansion of its already massive mining and processing complex in Panama, the largest copper mine coming to market over the next couple of years and the biggest single private sector investment in the nation's history.According to an updated technical report for Cobre Panama, located about 120 km west of Panama City and...Read More

Frontier Lithium to build demonstration plant for battery metals products

April 02, 2019 / www.mining.com

Canadian junior Frontier Lithium (TSX-V: FL) has kicked off the first phase of development at its PAK lithium asset, aimed at confirming the project's economic viability through the construction and operation of a Demonstration Concentrator Plant that will produce multiple products for the industrial and battery markets.The plant is expected to produce up to 15,000 tonnes of lithium concentrate (...Read More

Casa Berardi reserves up 28% for Hecla

April 02, 2019 / www.mining.com

Hecla Mining Co., headquartered in Coeur d'Alene, Idaho, has filed an updated resource estimate for the Casa Berardi gold mine 95 km north of La Sarre, in the Abitibi region.Using a gold price of $1,200 per ounce, Hecla estimates the Casa Berardi reserves contain 1.9 million oz. of gold. The largest increases occurred in the proposed west mine crown pillar and principal pits.Proven and probable re...Read More

Plan to mine the moon gives Australia opening in new space era

April 02, 2019 / www.mining.com

Australia is joining the growing number of nations looking to compete in space, from launching micro satellites that track sheep to mining water on the moon. Its advantage? Half the country already looks like Mars.With advances in technology and the falling cost of launch slots, the fledgling Australian Space Agency, set up last year, is taking a commercial approach to extra-terrestrial ventures....Read More

Kirkland Lake files updated Macassa 43-101 report

April 02, 2019 / www.mining.com

Toronto-based Kirkland Lake Gold has filed an updated 43-101 resource report for its Macassa gold mine in the town of Kirkland Lake. The report includes resources at Dec. 31 ,2018.Two important zones - Main/04 break and South mine complex - are detailed. The Main/'04 break has 775,000 measured and indicated tonnes averaging 17.9 g/t gold and containing 447,000 oz. The South mine complex has 1.0 mi...Read More

Major players Korea Zinc, Teck agree 67% jump in processing charge

April 02, 2019 / www.mining.com

Korea Zinc Inc and Teck Resources Ltd have agreed annual concentrate treatment charges of about $245 a tonne, 67 percent higher than last year, as mine supply ramps up, two industry sources said.The two companies are major players in the metals sector, and their agreement on yearly processing charges often establishes a benchmark widely used throughout the industry.World mine production of zinc -...Read More

Auditor that signed off on burst Vale dam appoints new Brazil CEO

April 02, 2019 / www.mining.com

German auditing firm T?oeV S?oeD AG said on Tuesday it appointed a former Petroleo Brasileiro SA executive to head up its Brazilian subsidiary, changing leadership after a dam certified by the firm burst in January and killed hundreds.Jo??o Elek, former governance and compliance officer at Petrobras, became chief executive of the Brazilian subsidiary of T?oeV S?oeD on April 1. He takes over from i...Read More

Vale Indonesia targets 74,000 T nickel in matte output in 2019

April 02, 2019 / www.mining.com

Nickel miner PT Vale Indonesia is targeting to produce around 74,000 tonnes of nickel in matte in 2019, slightly lower than last year's production, president director Nico Kanter said on Tuesday.Lower production this year is due to a 10-week shutdown started in mid-February to the third week of April to conduct maintenance at furnaces and the power plant at its smelter in Sorowako, said director B...Read More

Royal Canadian Mint releases three new bullion coins

April 02, 2019 / www.mining.com

The Royal Canadian Mint announced this week the launching of three new bullion coins targeted at precious metals investors.In a press release, the institution said that the pieces include double-incuse Gold and Silver Maple Leaf bullion coins and its newest 99.999% pure gold "Call of the Wild" bullion coin, which features a moose."Call of the Wild" bullion coin. Photo by the Royal Canadian Mint."T...Read More

Sable expands Margarita with best intercept to date

April 02, 2019 / www.mining.com

Sable Resources (TSXV: SAE) has extended the mineralized corridor at its Margarita silver project in Chihuahua State, Mexico, 350 metres to the northwest with results from its ongoing 19 hole Stage 2 drill program.The company is targeting the project's Margarita Vein, where it recently drilled the project's best intercept to date. Hole 24 cut 116.93 grams silver, 0.7% zinc, 0.21% lead and 0.17 gra...Read More

Glencore, Tohoku Electric set coal contract price at $94.75/T

April 02, 2019 / www.mining.com

Global miner Glencore and Japan's Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for the year through March 2020, a source with direct knowledge of the matter said.The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14 percent lower than a price agreed for supplies for the year through Septembe...Read More

Wesdome discovers new Falcon zone at Eagle River mine

April 02, 2019 / www.mining.com

Drilling 100 metres to the west of the diorite that hosts Wesdome Gold Mines' (TSX: WDO) Eagle River mine in Ontario has encountered a new discovery zone called Falcon, the company reports.Surface exploration drilling returned 73.5 grams gold over 1.3 metres starting from 209 metres downhole and 18.5 grams gold over 5.8 metres from 170 metres downhole.It is a positive indication of the potential g...Read More

Gold Fundamentals Continue to Improve

April 03, 2019 / www.miningfeeds.com

Stop me if you've heard this before. Precious Metals disappointed again.The miners were leading the metals but the metals broke down from bear flag patterns and that took the miners lower, suggesting an interim top is in place.The technicals suggest weakness could be ahead for the sector but the fundamentals are finally turning bullish.Before we get to fundamentals, let's look at the technicals. T...Read More

Diversify Your RRSP With These 2 Top Gold Stocks

April 03, 2019 / www.fool.ca

Saving for retirement with a well-diversified RRSP portfolio will enable your financial goals to come to life under different economic scenarios, as the benefits of diversification work their magic.One sector that is a safe, diversifying anchor in a portfolio is the gold sector.The U.S. dollar is strongly correlated to movements in gold prices. As the U.S. dollar rises, the price of gold falls, as...Read More

3 of the Best Canadian Energy Stocks With Questionable Value

April 03, 2019 / www.fool.ca

The following three TSX index energy stocks have questionable value at the moment from market ratios that are slightly too high to a lack of data that makes inherent value hard to analyze. However, from uranium to big-name utilities, these stocks are worth holding in a portfolio based on other aspects of their data, from strong track records to positive outlooks.Cameco (TSX:CCO)(NYSE:CCJ)This uran...Read More

Production of battery grade cobalt blows up First Cobalt's stock

April 03, 2019 / www.mining.com

First Cobalt's refinery, Cobalt, Ontario. Image from First Cobalt.Toronto-based First Cobalt Corp.'s (CVE: FCC) stock soared over 38% Wednesday, after the company announced it has successfully produced a battery grade cobalt sulphate at its refinery near the town of Cobalt, Ontario.The refinery has the potential to produce up to 2,000 tonnes of cobalt product per year or more if the autoclave and...Read More

Donald Trump's Useful Idiot

March 29, 2019 / www.outsiderclub.com

The Fed was already a shadowy cabal that acted on behalf of banking interests. But now it's becoming something worse - a shadowy cabal that acts on behalf of political interests.That is, the Federal Reserve, which is supposed to be independent, is being infiltrated and manipulated by politicians.Namely, President Donald Trump.Now before I go any further, let me give you a trigger warning...What I'...Read More

Immersive Technologies recognizes two for mining business improvement

April 03, 2019 / www.mining.com

Immersive Technologies has announced the winners of its Global Business Improvement Award 2018. Marking the tenth year in which Immersive Technologies recognizes the most outstanding real results achieved by mining companies utilizing simulation as a key driver in the business improvement process.Finalists are selected for their achievements in continuously improving operational safety, efficiency...Read More

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