NexGen Energy Ltd. (TSX: NXE, OTCQX:NXGEF) is a British Columbia company with a portfolio of highly prospective uranium exploration assets in the Athabasca Basin, Saskatchewan, Canada. The company is currently focused on the Arrow Deposit hosting an Indicated mineral resource of 179.5 M lbs U3O8 contained in 1.18 M tonnes grading 6.88% U3O8 and a very high grade core of 164.9 million pounds at 18....Read More
We learned from Trey Wasser, who is President and CEO of Ely Gold & Minerals Inc. (TSX-V: ELY, OTC: ELYGF) that they are a project developer, focused primarily in Nevada with a portfolio of about 20 consolidated properties. Ely Gold is focused on developing recurring cash flow streams, through the acquisition, consolidation, enhancement, and resale of highly prospective, un-encumbered North Americ...Read More
Copper Mountain Mining (TSX: CUM), located in Canada, is doing an excellent job increasing their efficiency and decreasing their costs. With the addition of the world's largest cone crusher (housed in the 12 story building on the left), they are well positioned to be very profitable as copper prices recover.PDAC 2017: Rod Shier CFO Copper Mountain MiningMr. Rod Mr. Shier, the CFO of Copper Mountai...Read More
Video con Letra Oficial de "Perderme en Ti".Read More
Goldcorp's Cerro Negro Mine in southern Argentine. Miners inside the Eureka vein Photo courtesy Goldcorp Inc.The old adage "Mines are made not found" is a good start to "How to Build a Mine". There are thousands of mineral discoveries with very few that reach the positive feasibility stage and fewer yet where a profitable mine is actually built. There are three key components to building a mine, s...Read More
Diamond drill core from the Freegold Ventures Shorty Creek Project in Alaska. Note the massive chalcopyrite (copper) mineralization. Photo courtesy Freegold Ventures LtdThe most exciting news from a mining exploration stock is a high-grade drilling result. But what constitutes a good assay? It varies from situation to situation and commodity to commodity. Listed below is some rule of thumb informa...Read More
Canada's Nautilus Minerals (TSX:NUS), one of the world's first seafloor miners, is on track to start operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea in early 2019.The Toronto-based company, which also is developing another underwater project, off the coast of Mexico, expects to have all its undersea mining tools ready to go by mid-next year, so it can kic...Read More
(Adds quotes, background)LUSAKA, March 24 (Reuters) - Indian mining company Vedanta Resources VED.L said on Friday it will invest $1 billion in its Zambian mining unit Konkola Copper Mines (KCM), creating 7,000 jobs.Vedanta announced the investment after a meeting between its Chairman Anil Agrawal and Zambian President Edgar Lungu.Vedanta has a majority stake in KCM and has said the mine could p...Read More
LUSAKA, March 24 (Reuters) - Indian mining company Vedanta Resources VED.L said on Friday it will invest $1 billion in Zambia's Konkola Copper Mines (KCM), which it sees having the potential to produce the metal for another 50 years.Vedanta has a majority stake in KCM.The investment, which is expected to create 7,000 jobs, was announced after a meeting between Zambian President Edgar Lungu and V...Read More
Investing.com - Gold prices slipped lower on Friday, as the U.S. dollar regained some strength ahead of a highly-anticipated vote on U.S. President Donald Trump's healthcare bill.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery were down 0.28% at $1,243.85, just off the previous session's three-week high of $1.253,15.The April contract ended Thursday's ses...Read More
(Adds company news items, futures)March 24 (Reuters) - Britain's FTSE 100 futures FFIc1 were flat ahead of the cash market open on Friday.* SMITHS GROUP: British engineering firm Smiths Group SMIN.L stuck to its full-year outlook as growth in its detection unit, which makes security sensors, offset declines in other areas of its business and boosted first-half profit. LAMPRELL: Oil-rig builder L...Read More
March 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 6 points at 7,347 on Friday, according to financial bookmakers.* RBS: State-backed Royal Bank of Scotland RBS.L said on Thursday it planned to close about 180 bank branches in Britain and Ireland and about 1,000 roles were at risk in the latest round of cuts and closures at the lender. EXPERIAN: The Consumer Financial Protectio...Read More
Description As global demand weakens and commodity prices fall, we're seeing a challenging environment in the metals and mining industry. Mining companies are increasingly coming under pressure to reduce operating costs, causing many to shift their strategic planning, delay new investments and look to long-term future growth. This Copper Long Term Outlook report provides a detailed breakdown of g...Read More
Description This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved. For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making. Our analysts are based in the markets they analyse and work with...Read More
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In New York on Thursday copper for delivery in May was trading slightly higher at $2.6375 per pound or $5,817 a tonne with mixed news on disruptions at the world's biggest mines pulling the metal in different directions. Copper is holding onto modest gains year to date, but is down more than 6.5% since hitting 20-month highs mid-February.Copper has been buoyed by a strike at BHP Billiton's Escondi...Read More
When Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) closed the sale of its Castle-Blackrock claim block interest in Nevada to Columbus Gold in February, Seabridge Chairman and CEO Rudi Fronk noted that "the sale is part of a continuing program of divesting non-core assets in order to focus resources on core holdings, including the KSM and Iskut projects and the Snowstorm project."Iskut was acquired wh...Read More
Talks between striking workers at Escondida copper mine in Chile and majority owner and operator BHP Billiton (ASX, NYSE:BHP) (LON:BLT), ended Thursday with the parts failing to reach a deal and the main union choosing to return to work.The labour action at the world's largest copper mine, which finished today after 43 days, became the longest private-sector mining strike in Chile's history, loc...Read More
African Queen Mines Ltd. (TSX.V: AQ, Frankfurt: QM0.F) is advancing their flagship Yellowjacket gold project that covers an aggregate of approximately 291.54 sq. km in Atlin area, British Columbia and has a fully permitted past producing mine. We learned from Irwin Olian, CEO of African Queen Mines, how they bought the property in 2015 for a very favorable price, which gives them tremendous upside...Read More