"Mammoth Provides Update On Exploration Activities At Its Tenoriba Precious Metal Project, Mexico https://t.co/Hw333XofUq"Read full newsRead More
Searchlight Resources Inc. (TSXV:SRCH) is pleased to announce that it has entered into an option agreement (Read full newsRead More
Last year it was the Democratic Republic of Congo. This year it is Zambia.Both African countries have driven through draconian changes to their mineral tax regimes, overcoming the entrenched opposition of some of the world's biggest mining houses.Both are betting that the world's need for their resources, particularly copper and cobalt, will keep the tax receipts flowing.Right now, however, the pu...Read More
Canada's Barrick Gold's (TSX:ABX)(NYSE:GOLD) hostile $17.8 billion bid for rival Newmont Mining (NYSE:NEM) could free up a group of assets the combined company would no longer consider key, such as their Kalgoorlie super pit 50/50 joint-venture in Western Australia.After launching the offer on Monday, Barrick chief executive officer Mark Bristow said he had already been contacted by parties that...Read More
Following the publication of modest 2018 results, when gold production barely reached the lower end of a guidance range of 35,000 to 40,000 ounces, Fiore Gold (TSXV: F) reported that its Pan mine in Nevada is expected to perform better in 2019.This week, the company issued a press release revealing that the open-pit operation located near the town of Eureka produced 9,765 ounces of gold in the fir...Read More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company warned of possible lower prices, higher inflation and worsening foreign exchange rates in 2019.The company also disappointed investors by missing its long-term production target of 65 million ounces of silver, due mainly to lower than expected grades at its Fresnillo and Saucito mines.There we...Read More
MGX Minerals and its partner, the University of British Columbia, has completed the first phase of work to create next-generation lithium-ion batteries capable of quadrupling energy density up to 400 Wh/kg from the current 100 Wh/kg.The first phase of work involved a baseline assessment of metallurgical silicon from MGX's three projects in southeast British Columbia.The second phase of work, now u...Read More
* Nornickel sees 2019 palladium market deficit at 800,000 oz* Sees 2019 global palladium consumption up by 500,000 oz* Reports 2018 EBITDA of $6.2 bln, highest level since 2011Norilsk Nickel, the world's largest palladium producer, said on Tuesday tighter emissions regulations in all major markets and flattish primary supply would widen a palladium deficit in 2019.Prices for palladium, chiefly use...Read More
OceanaGold Corp. (TSX: OGC; ASX: OGC) has published an initial resource estimate for its high-grade discovery at WKP, 10 km north of its Waihi gold mine in New Zealand.WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein contained within 0.41 million indicated tonnes grading 18 grams gold per tonne and 22.7 grams silver per tonne.OceanaGold intends to drill 14,5...Read More
Australia-based Oz Minerals on Wednesday said its underlying annual profit slipped, but a better-than-expected performance at its Prominent Hill project was expected to drive future growth.The copper-focused miner posted a 1 percent drop in underlying net profit after tax to A$228.3 million ($159.77 million) for the year ended Dec. 31, compared to A$231.1 million year ago, falling just shy of an A...Read More
Custom screen panels at Bell Creek - Image from PolydeckTahoe Resources' Bell Creek gold mine and processing facility in Ontario was experiencing severe blinding from fibrous blasting residue on their trash circuit screens. This blinding resulted in increased downtime for manual screen cleaning, poor dewatering which reduced throughput, and a need for a secondary screen.Polydeck Mining Project Man...Read More
The biggest driver of major markets right now is the possibility of a U.S.-China trade deal.On that note, please click here now. The U.S. government's wild launch of tariff taxes caused global markets to swoon in the first half of 2018. Gold and the Chinese stock market were hurt more than a lot of other markets.Gold has done well with QE, QT, falling rates, and rising rates, but tariff taxes...Read More
Mining, agri materials, and tech: which of these three Canadian industries can offer investors the greatest knock-on upside potential through high growth in earnings? Let's take a look at one key TSX-listed stock from each of these three high-performing domestic industries and see which buoyant ticker is most likely to reward the gutsy investor with capital gains further down the road.Shopify (TSX...Read More
Mining three satellite deposits that outcrop within one to three kilometres of the Madsen mill at its Madsen project in Red Lake, Ontario, would add roughly $51 million in after-tax net present value to the Madsen project, Pure Gold Mining (TSXV: PGM) reports.A preliminary economic assessment released today of the three satellite deposits-Fork, Russet South and Wedge-was based on their combined re...Read More
Queensland Rail had stowed a train carrying copper, lead and zinc concentrate from Glencore's operations in the Australian state on 31 January as a precautionary measure.That was not sufficient to protect the 80-wagon Mount Isa train after historic rainfall of as much as 1.16 meters by February 7 near Townsville, where Glencore's copper refinery servicing its Mount Isa Mines is located.According t...Read More
Publisher's Note: Mr. James Dines is a legend whose insight has been proven time and time again.One of those insights was a very early bullish call on investing in uranium, making Mr. Dines "The Original Uranium Bug." Today we bring you an excerpt of The Dines Letter discussing it.To your wealth,Nick HodgePublisher, Outsider ClubImplacable, adj. Not to be appeased without a large sum of money.Am...Read More
Feb 27, 2019 Guest(s): Rob McEwen Mining mogul Rob McEwen said that more consolidation on the mega-cap level without premiums would ultimately mean shareholders benefit in the long-term. "Over the last five years, you've heard a growing voice from shareholders saying 'hey, look after our interests first.' And by going in and doing an at-market or discount to market where you can see real synerg...Read More
Toronto-based Mountain Province Diamonds has begun the winter exploration program at its 100% owned Kennady North project. The property is adjacent to the Gahcho Kue diamond mine, a joint venture of De Beers Canada (51%) and Mountain Province (49%).The winter program at Kennady North will focus on drilling several combined indicator and geophysical targets located west and southwest of the Hearne...Read More
Feb 27, 2019 Guest(s): Axel Merk The Fed Funds Rate is still below neutral, and investors can expect one or two more rate hikes this year, but this won't deter gold's slow march forward, said Axel Merk, president and CIO of Merk Investments. "The price of gold has been moving higher even if rates have been moving higher. And it's either the folks investing in gold are looking beyond the hump wh...Read More
Vancouver-based Blue Sky Uranium Corp. has announced positive results from the preliminary economic assessment of its Ivana uranium-vanadium deposit. The deposit is part of the company's Amarillo Grande project in the Rio Negro Province.The PEA calls for an open pit mine that will produce both uranium and vanadium for 13 years. The pre-production capex will be $128.1 million including $28.3 milli...Read More