Santa Rita - one of the largest open-pit nickel sulphide mines in the world - has sold its first nickel concentrate since being placed on care and maintenance in 2015.Mirabela Nickel operated the mine for six years before shutting it down due to low nickel prices and high costs.Today, the asset is owned by private equity firm Appian Capital's Atlantic Nickel, which has refurbished and restarted th...Read More
Gold futures jumped after reports of rocket attacks on a U.S. military base in Iraq, hitting fresh six year highs.Gold for delivery in February touched US$1,613.30 per oz., up US$39 per oz. from the settlement price at the end of regular trading on Jan. 7.History suggests that gains driven by geopolitical tensions alone may be short-lived, Macquarie Group strategists including Marcus Garvey said...Read More
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has released updated resources for its Phoenix gold project in the Red Lake gold district of northwestern Ontario, with 811,000 oz. gold in the measured and indicated category and 464,000 inferred ounces.The update features 3.9 million measured and indicated tonnes at 6.45 grams gold per tonne with an additional 2.1 million inferred tonnes at 6.97 grams g...Read More
This episode features Shelby Yee, co-founder and CEO of RockMass Technologies, who discussed why startups and mining companies should work together. The presentation took place at the 2019 Progressive Mine Forum at the MaRS Discovery District in downtown Toronto. Shelby described the ways in which mining companies can find startup partners and how mutually beneficial relationships can be create...Read More
Newmont (TSX: NGT; NYSE: NEM) kicked off the second week of January with an announcement that it is dropping Goldcorp from its name and is also raising its quarterly dividend 79% to 25 ? per share, or US$1.00 per share a year, starting in April, in line with its commitment to return cash to shareholders.In addition, the company says it plans to continue its recently announced stock repurchase prog...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesIn its analysis published on Tuesday, Jefferies noted that even at the current copper spot price, these companies would ‘deliver strong free cash flow growth' in 2020.Read More
Well, at least there was nickel.Read full newsRead More
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Could gold prices could soar to $2,000 an ounce?Read full newsRead More
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VANCOUVER, BC / ACCESSWIRE / January 7, 2020 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (theRead full newsRead More
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