Riverside Resources (TSXV: RRI; US-OTC: RVSDF) has optioned its Los Cuarentas project, in Sonora, Mexico, to Hochschild Mining (LSE: HOC) in a deal that will see the major spend US$8 million over five years to earn an initial 51% interest.The prospect generator has defined several targets at the gold-silver project, which is located 17 km northwest of SilverCrest Metals' (TSX: SIL; NYSE-AM: SILV)...Read More
The demand for raw materials used to manufacture rechargeable batteries for electric vehicles (EVs) will grow rapidly as the importance of oil as a source of energy recedes, according to a new report from the United Nations Conference on Trade and Development (UNCTAD).According to UNCTAD, ongoing efforts to lower greenhouse gas emissions are expected to spur further investment in green energy prod...Read More
Rupert Resources on a Roll at IkkariSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesMining company presentations, citing industry analysts, almost universally show metal usage outstripping mine capacity during the 2020s. A s...Read More
Alrosa, the world's top diamond producer by output, has idled its International underground mine for up to two weeks, after several employees tested positive for Covid-19.The Russian miner said it would only carry out work to ensure the safety and maintenance of the site. It noted that workers and contractors will receive compensation in accordance with labour laws."The company has developed sever...Read More
Turkey has returned to the ferrous scrap market and purchased a cargo from the United States at lower prices compared with previous deals.The 27,500-tonne deal includes an 80:20 mix of No1 and No2 heavy melting scrap at $261 per tonne,...Read More
Footage emerges of huge bright light illuminating sky over the capital, near a military siteRead full newsRead More
TORONTO - Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd., the joint venture mine owner and operator that is owned 47.5 per cent each by Canada's Barrick Gold Corp. and partner Zijin Mining Group of China, says the cost of the layoffs wil...Read More
The energy company's natural gas business has joined its electricity business in vowing to eliminate net carbon emissions by 2050. Here are four takeaways from Bridge's interview with the company'sRead full newsRead More
Toronto, Ontario--(Newsfile Corp. - June 25, 2020) - FenixOro Gold Corp (CSE: FENX) (FSE: 8FD) is pleased to...Read full newsRead More
Gold exploration companies are turning to the Red Lake district.Read full newsRead More
FenixOro Gold Corp is pleased to provide an update on the Phase 1Read full newsRead More
One good thing about the recent broad market weakness is it has created many rewarding opportunities for investors. Though markets have remarkably recovered in the last three months, some TSX stocks are still trading below their fair values.Let’s take a look at stocks that are trading below $5 and offer handsome upside potential. Investors should note that low stock prices do not necessarily...Read More
Every market crash teaches us a lesson. And as every crash is different from the others (no matter how similar the consequences), investors can learn something new every time. But the problem is that you can’t prepare against every eventuality.Even if you have substantial resources, you can’t build up a perfect portfolio of assets that are immune to market corrections and downturns.Tha...Read More
Trevali's Santander zinc mine in Peru, 200 km northeast of Lima. (Image courtesy of Trevali Mining) Trevali Mining (TSX: TV) announced Friday that 19 workers at the Santander mine in Peru have tested positive for covid-19. As a result, the company has temporarily suspended operations at the mine and mill to undertake additional on-site testing.Earlier this week, prior to a roster change, 69 worke...Read More
1960 Nu-Klea Starlite Electric RunaboutNu-Klea Automobile Corp. of Lansing, Michigan hoped to get this electric car into production. Drive was to be "D.C. Electric Motors". Power was described as "Battery 36 volts", with "built-in charger". Body: All Plastic, with optional fiberglass cloth or Plexiglass Top. Image: Alden Jewell Car sales are tanking the world over: Europe is likely to experience...Read More
Way back in 1994, my brother asked for, and got one, of the lamest birthday presents I have ever seen.He was a freshman in high school, and he had two fancy new Microsoft share certificates (remember them?)I'm not entirely sure I even knew what stocks really were at the time.What I did know was that I missed out when he would open up the newspaper stock listings (remember them?) and proudly announ...Read More
Casting of zinc jumbos. Image from Nyrstar. The Antwerp commercial court has instructed Nyrstar to postpone a general meeting scheduled for June 30 to make a decision on the dissolution of the zinc firm.The move comes after demand from a group of Belgian minority shareholders united around RSQ Investors, arguing lack of transparency on the restructuring of Nyrstar.Geneva-based Trafigura acquired...Read More
Aerial view Cornwall mines. Image by suziedoe from Pixabay . The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) has released its newest report. Guidance for Governments: Improving Legal Frameworks for Environmental and Social Impact Assessment and Management provides IGF member states with a summary of good international practice in legal frameworks for ESIA...Read More
Visible gold from Eastern Gold Zone mineralization at Perron Credit: Amex Exploration. Amex Exploration (TSXV:AMX) has reported multiple drill results from the Eastern Gold Zone on its 100% owned Perron property in northwestern Quebec.Drill hole PE-19-165 intersected 28.97 g/t Au over 5.60 m at a vertical depth of approximately 660 m. This intercept increases the bonanza grade core of the HGZ on...Read More
The LME three-month aluminium price was the standout performer on Friday June 26, breaching nearby resistance despite limited turnover, while a steady rise in LME copper futures prompted a tightening of the red metal's forward curve.Aluminium's outright price on the LME closed at $1,601.50 per tonne on Friday afternoon, climbing from an intraday low of $1,571 per tonne, while turnover was lower th...Read More