Mine restoration at the Mir diamond mine, which flooded about a year-and-a-half ago, is only expected to start after 2024, Russian miner Alrosa reported on Monday, detailing the timelines for the potential restart of the Siberian underground operation.To decide on the mine’s fate, Alrosa would start on exploration down to 1 300 m to confirm the operation’s reserves. Budgeted to co...Read More
Three-month base metals prices on the London Metal Exchange were for the most part little changed this morning, Monday March 18, the exception being copper, whose price was up by 0.7% at $6,474 per tonne, compared with $6,431.50 per tonne at Friday’s close. Volume was average, with 6,328 lots traded on LME Select as at 7.23am London time, compared with 19,661 lots at a similar time on Fr...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Index futures responded partially to a 2.47% gain by the Shanghai Composite Index in overnight trade.WTI Crude Oil added $0.15 to $58.72 after OPEC cancelled its April meeting implying extension of output cuts to its next meeting in June.Boeing dropped $8.99 to $370.00 after Federal prose...Read More
Let's begin with a few basics about IRAs...Traditional IRAs generally provide a tax deduction for the amount you contribute. The money grows tax-deferred until you withdraw it. Then it is taxed at your ordinary income tax rate. You must begin required minimum distributions (RMDs) by April 1 following the year you turn 70 1/2 and do so every year thereafter. And if you die before removing all the...Read More
"Colorado School of Mines engineers turn their talents from the terrestrial to the celestial" - that's the headline of a recent feature in The Denver Post highlighting Mines' first-of-its-kind space resources graduate program.Interviewed for the article were Angel Abbud-Madrid, director of the Center for Space Resources at Mines; space resources professors George Sowers and Christopher Dreyer, s...Read More
Researchers at Colorado School of Mines have shown that protonic ceramic fuel cells can be used reversibly, both to efficiently generate electricity and to store that power in the form of chemical fuel at times of lower demand. The breakthrough findings, "Highly efficient reversible protonic ceramic electrochemical cells for power generation and fuel production," were published this past week in...Read More
Since the Prospectors and Developers Association of Canada (PDAC) conference wrapped up in early March, Monarch Gold (TSX: MQR; US-OTC: MRQRF) has fielded calls from three mining companies about possible joint ventures to explore its Croinor gold project, 55 km east of Val-d'Or in Quebec.The project has a fully permitted past-producing mine that is open at depth, and the junior has already found...Read More
Toachi Mining (TSXV: TIM) is trenching its Guatuza copper-gold target at its La Plata gold-copper, zinc and silver volcanogenic massive sulphide (VMS) project in Ecuador. It plans to drill Guataza in the second half of the year, beginning with 5,000 metres exploring exposed VMS slabs to determine how far they extend underground.Before that though, the company will finish a preliminary economic ass...Read More
BMO Capital Markets has cut Vale's (NYSE: VALE) iron ore production estimate this year by a further 30 million tonnes due to the continued suspension of the miner's Brucutu mine, and the recent suspension of the Timbopeba mine.A Brazilian court on March 15 ordered Vale to stop production at Timbopeba and the Doutor dam, which stores tailings from the mine in Minas Gerais state.Production at its Br...Read More
Apex Resources (TSXV: APX; US-OTC) has confirmed a 1.5 km by 150-metre gold in soil anomaly at its Ore Hill gold property near Salmo, B.C., after compiling historic and modern data on the project.The database includes 90 rock samples taken by past operators between 2016 and 2018 grading as high as 119 grams per tonne gold and 105 grams gold. All but two of the samples were taken by the property's...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftThe ‘do nothing', or more correctly ‘do little', view from Credit Suisse about leading miners such as BHP and Rio Tinto is summarised in a comment early this week that the "large capRead More
Investing News Network (INN)Find out more about investing by INN @http://investingnews.com/Want a FREE investor kit? Download here?+"https://investingnews.com/browse-comp...Follow us Facebook:https://www.facebook.com/resourceinve...Follow us on Twitter:@INN_ResourceThe Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts....Read More
Rick Rule, president and CEO of Sprott US Holdings, joins Albert Lu, president and CEO of Sprott U.S. Media, to discuss the divergence in turning around commodity supply vs. commodity demand. Rick explains why commodity demand is impacted by the purchasing power of the global population living below the poverty threshold.Read More
Feb 1, 2019 at Alberta Rose Theatre in Portland - Opening for Hollywood Handbook on the Boys Gone Bad Tour.Thanks to @TheRealUncool on Twitter for the artwork, Sean Clements,Hayes Davenport, Devon Bryant and Bosch.Read More
Interview conducted at PDAC on March 3, 2019.Brent Cook and Joe Mazumdar of Exploration Insights spoke to INN at this year's PDAC convention about exploration and gold mega mergers._________________________________________________________________Investing News Network (INN)Find out more about investing by INN @http://investingnews.com/Want a FREE investor kit? Download here?+"http://investingnews....Read More
Mar 19, 2019 Guest(s): David Grabau Senior Investment Specialist, Resources & Energy, Austrade Australia's government policies are pro-mining, and the nation hosts a variety of mineral reserves, attracting miners from all over the world, said David Grabau, Senior Investment Specialist of Resources & Energy at Austrade. "We're really encouraged by the policies we have to help mining, to assis...Read More
Mar 19, 2019 Guest(s): John Kaiser Kaiser Research Online The mining space will not be facing a major bull rally, or "feast" soon, but an inflection point is coming for gold, said John Kaiser of Kaiser Research Online. "I think we are in the middle of a turning point, the beginning of what will be a revival of interest in the junior resource sector, and there's not going to be any glorious trigg...Read More
Bannerman Resources Ltd (ASX:BMN) received a query from the ASX today related to the company's shares rising from 3.9 cents at the close of trading on Monday, March 11 to a high of 5 cents today.The ASX also noted the significant increase in the volume of Bannerman securities traded over the last few days.Bannerman responded to the query explaining that it was not aware of any information that had...Read More
Starting in 2021, Americans will require permission to visit Europe... technically the 26 borderless countries within Europe's Schengen area. The process will start out simple Continue...Read More
"From next Saturday, we will ban 'yellow vest' protests in neighbourhoods that have been the worst hit as soon as we see sign of the presence of radical groups and their Continue...Read More