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Solstice Gold updates plans for Kahuna project in Nunavut

April 16, 2020 / www.northernminer.com

Solstice Gold (TSXV: SGC) has completed a new technical report on its Kahuna gold project, located 26 km northeast of Rankin Inlet and 15 km from Agnico Eagle Mines' (TSX: AEM; NYSE: AEM) Meliadine gold mine in the Kivalliq region of eastern Nunavut."The updated technical report validates our exploration strategy and modelling for Kahuna, and confirms it as an attractive, early-stage exploration p...Read More

Global Atomic completes study on Dasa in Niger

April 16, 2020 / www.northernminer.com

Global Atomic (TSX: GLO; US-OTC: GLATF) has completed a preliminary economic assessment (PEA) for the first phase of a larger underground mine at its Dasa uranium deposit in the Republic of Niger.During the first phase, the operation would operate for 12 years and mineralization would be extracted from the high-grade Flank zone."Our development plan is a low capex route into production that uses c...Read More

Bad, bleak or catastrophic?

April 16, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesAustralia-based junior IronRidge Resources takes big picture approach in AfricaSPONSOREDironridge resources Most frequently, scenario construction involves consideration of an attractiv...Read More

Pure Gold still on track to deliver first production this year

April 17, 2020 / dlvr.it

The company's mine in Red Lake is still on track for first gold production in late 2020.Read full newsRead More

RT @Fission3Corp: Uranium Price Climbs as COVID-19 Fallout Grows

April 16, 2020 / buff.ly

Mine and project closures related to COVID-19 have begun to drive the uranium spot price higher, helping the metal break past $27 per pound.Read full newsRead More

Gold Mining Stocks' Outlook Bright on Coronavirus Fears

April 16, 2020 / dlvr.it

Gold Mining Stocks' Outlook Bright on Coronavirus FearsRead full newsRead More

Pure Gold still on track to deliver first production this year

April 16, 2020 / dlvr.it

The company's mine in Red Lake is still on track for first gold production in late 2020.Read full newsRead More

RT @Technical420: Technical420 Exclusive: Ester Vigil, President of 1933 Industries $TGIF $TGIFF @1933Industries

April 16, 2020 / www.technical420.com

Technical420 is dedicated to educating investors about the risk and rewards of investing in the cannabis industry. We highlight companies that have the most growth potential by utilizing our proprietary analytics platform.Read full newsRead More

RT @IPtechAR: We are looking forward to presenting ImagineAR #AugmentedReality to the @vrara_pgh of Pittsburgh

April 16, 2020 / www.linkedin.com

Join us for a FREE virtual Breakfast Briefing on April 23rd at 9 am (EST) -- Alen Paul Silverrstieen of Imagination Park Technologies Inc. will be presenting...Read full newsRead More

RT @LoopInsights: [Apr. 16, 2020 NEWS] Loop Insights Announces Appointment of Advisor, Teresa N.Taylor $MTRX

April 16, 2020 / www.accesswire.com

VANCOUVER, BC / ACCESSWIRE / April 16, 2020 / Loop Insights Inc. (TSXV:MTRX) (the "Company" or "Loop") - provider of transformative artificial intelligence (AI) solutions- is pleased to announce the appointment of Teresa N. Taylor to the Company's Board of Advisors. As a long-time resident of Ferndale, Washington, Teresa is deeply involved in local government. Most recently...Read More

TSX Stocks: 2 Canadian Bigwigs That Lost 50% in the COVID-19 Crash

April 17, 2020 / www.fool.ca

Even if many TSX stocks have shown a sharp bounce back recently, the worst does not appear to be over just yet. While hospitality and aviation industries were among the most beaten-down sectors amid the COVID-19 crash, energy and minerals were equally weak this year. Lower oil and gas prices along with increasing recession jitters notably hampered these two cyclical industries.One of the biggest e...Read More

Mining projects to slow further in Q2 2020

April 17, 2020 / www.mining.com

Anglo American slowed the development of its $5.3 billion Quellaveco copper mine in Peru, pictured. Image from Anglo American. The share of global mining projects that advanced to the next stage of development has decreased from 3.8% in Q4 2019 to 2.8% in Q1 2020, and is expected to slow further in Q2 2020 due to the coronavirus outbreak, according to a new report by energy research company Globa...Read More

Canadian mining symposium goes digital

April 17, 2020 / www.mining.com

Due to the ongoing covid-19 pandemic, MIINING.COM's sister publication, The Northern Miner, is transforming the 2020 Canadian Mining Symposium into an online e-conference. While this changes the format of the Canadian Mining Symposium, it also creates new opportunities as it can now accept more delegates, broadcast exclusive content from different parts of the world, and achieve new levels of i...Read More

Is This How Capitalism Dies?

April 14, 2020 / www.outsiderclub.com

Is this how capitalism dies? Through decrees from what once were the ivory towers of capitalism, no less?The Fed is now up to $6 trillion of liquidity, or free money in the sense that it is taking over the role of large banks at 0% interest.Go global and we're approaching $20 trillion of central bank pledges and action.None of the questions that tempered the start of QE are being raised.There is v...Read More

MINING PEOPLE: Central Timmins Exploration, GFM Resources, MacLean Engineering

April 17, 2020 / www.mining.com

Key moves in the mining sectorPeter Fairfield has joined the board of Aurcana.Nick Demare is now on the board of Blue Sky Uranium.Joseph Ovsenek has joined the board of Central Timmins Exploration with Charles Gryba resigning as a director, president and CEO of the company. Gryba will continue as a technical consultant; Central Timmins is searching for a new president and CEO.Peter He...Read More

Precipitate closes Barrick financing, stock up

April 17, 2020 / www.mining.com

View of the Pueblo Grande project. Image from Precipitate Gold. Precipitate Gold (TSXV: PRG) has closed its previously announced non-brokered private placement of 12.7 million common shares of the company at a price of C$0.11 per share for gross proceeds of approximately C$1.39 million, as subscribed for by Barrick Gold.Earlier this week, the two companies entered into an earn-in agreement, grant...Read More

China to inspect tailings dams after spill at molybdenum mine

April 17, 2020 / www.mining.com

China has nearly 8,000 tailings dams, the most in the world. (Image: AZ China.) China has launched a one-month probe into the country's tailings dams after a spill at a molybdenum mine last month contaminated water supplies to the northeastern province of Heilongjiang.Mining waste flowed out of a YichunLuming's tailings storage facility in March, polluting water up to 110 kmdownstream and forcing...Read More

BATTERY RAW MATERIALS MARKET REPORT 17/04: Lithium producers cut offers to boost sales

April 18, 2020 / www.metalbulletin.com

An overview of the battery raw materials markets and their price moves from the past week.Read More

HOTTER ON METALS: Africa's Covid-19 crisis

April 18, 2020 / www.metalbulletin.com

The Covid-19 pandemic is a unifier in that it impacts all. But sub-Saharan Africa is facing an unprecedented health and economic crisis that threatens to throw the region off its stride, reversing the development progress of recent years and hitting the mining sector hard.The mineral-rich region - which comprises 46 of the 54 countries in the continent below the Sahara - is expected to see its eco...Read More

LIVE FUTURES REPORT 17/04: LME zinc price closes above $1,950, nickel gains 2.55%

April 18, 2020 / www.metalbulletin.com

The three-month zinc price on the London Metal Exchange finished strong on Friday April 17, closing at $1,958 per tonne after steadily gaining through the week.The zinc price briefly touched a high of $1,962.50 per tonne on a day that saw 5,270 lots traded. The rally in the zinc price is significant given that the galvanizing metal's price was at $1,793 per tonne on March 25.Global LME refined zin...Read More

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