Large scale property acquisitions peaked in 2016-2017 led by China Molybdenum's purchase of the Tenke Fungurume mine in the Democratic Republic of the Congo.China Molybdenum bought Freeport-McMoRan's (NYSE: FCX) 56% stake in the copper-cobalt mine in November 2016 and picked up Lundin Mining's (TSX: LUN) 24% interest in April 2017 for a total consideration of $3.8 billion, based on data from Minin...Read More
Solaris Resources (TSXV: SLS) has reported assay results for the second and third drill holes completed as part of a 40,000-metre drill program at its Warinzta project in southeastern Ecuador. The program is the first drill campaign in 20 years at the 268-sq.-km project.Hole SLS-02 hit 660 metres of 0.97% copper-equivalent (0.79% copper, 0.03% molybdenum, and 0.1 gram gold per tonne) starting at s...Read More
Lion Battery Technologies is pushing forward with plans to develop lithium-ion batteries that use platinum and palladium to enhance battery performance.The company was formed as a joint venture between Platinum Group Metals (TSX: PTM; NYSE: PLG) and Anglo American Platinum (US-OTC: ANGPY), the world's largest producer of platinum group metals (PGMs), and aims to accelerate the development of n...Read More
This week's episode features DeepGreen Metals chairman and CEO Gerard Barron, who discusses the merits of deep-sea mining as an environmentally-friendly method of resource extraction. Gerard talks about his previous investment in Nautilus Minerals, the strategy behind mining polymetallic nodules, and what it's like to deal with the International Seabed Authority and the United Nations on mining pr...Read More
The most recent drill results from Canadian Palladium's (CNSX: BULL; US-OTC: DCNNF) 9.9-sq.-km East Bull property, 90 km west of Sudbury, Ont., returned broad intercepts of near-surface palladium mineralization from an area down-dip of the current resource.The preliminary results (which exclude rhodium values) are "the widest intervals of palladium mineralization reported to date at East Bull," th...Read More
GR Silver Mining (TSXV: GRSL; US-OTC: GRSLF) has discovered high-grade polymetallic disseminated and massive sulphide-rich mineralization during initial underground channel sampling on the lower level of the historic Plomosas mine at its Plomosas silver project in Mexico's Sinaloa state.GR Silver says assay results from one of the saw channel samples returned 16 metres of 90 grams silver per tonne...Read More
Jervois Mining (TSXV: JRV; US-OTC: JRVMF) is buying a nickel and cobalt refinery in Brazil from Companhia Brasileira de Alum?-nio for 125 million reals (US$22.1 million) in an effort to transform the company into a producer and refiner of battery metals.The miner said the S??o Miguel Paulista refinery in S??o Paulo had a production capacity of 25,000 tonnes per year nickel and 2,000 tonnes per yea...Read More
Tesla recharges the global battery industry but simplistic presentation causes chaosBattery-metal explorers and producers ought to coin a new (transitive) verb; "to Musk" is to confuse a science that is already complicated. Lithium developers, in particular, have been 'musked' since Tesla's Battery Day on Sept. 22.As already reported in The Northern Miner, there has been an incredibly diverse resp...Read More
Authorities in Queensland have granted Pembroke Resources a mining lease for its A$1 billion (US$710 million) Olive Downs mine, which is poised to become the state's third-largest coal operation.The mine, 40 km south of Moranbah in the Bowen Basin, will have a productive life of 80 years and will create 1,000 jobs, according to Annastacia Palaszczuk, Queensland's premier and trade minister.Core co...Read More
Raymond James has raised its average silver price forecasts for 2021 to US$25 per oz., up 37.9% from its previous estimate, and to US$22.50 per oz. in 2022, a 25% increase.For the remainder of this year, the financial services firm forecasts an average silver price of US$25 per oz. in the third quarter and US$26 per oz. in the fourth quarter, for a full-year average of US$21.07 per ounce."Our pric...Read More
Sep 30, 2020 Guest(s): Dambisa Moyo Even before the economic crisis of 2020, structural problems already manifested in the economy and the workforce, said Dambisa Moyo, world-renowned economist and best-selling author, who warned of the dangers of neglecting these threats.Moyo pointed to the declining labor force participation rate that has been a long-term trend, the failure of governments to...Read More
The correction has further to run before silver resumes its climb, not only heading above $30 but reaching new highs and shocking many observers...by Peter Krauth via Streetwise ReportsAre you fearful, or are you getting greedy?That's the question silver investors should be asking themselves now.Novices have been panicking, while seasoned investors are salivating at the opportunities.Silver has re...Read More
Oct 01, 2020 "In 2008, people were worried about losing their homes, or their second homes, or their third homes, or things of that nature. Now, you have people that don't know necessarily if the stimulus check doesn't come, where their next meal is coming from. That kind of fear changes behaviors across everything," said Jason Urban, CEO of Drawbridge Lending and former institutional trader at Go...Read More
For years upon years, a handful of traders knew something fishy was going on in the futures market.Now, with the biggest penalty ever for this kind of illegal activity just announced, we're finally getting an idea of the scale of it, and it is shocking.JP Morgan is going to pay $920 million and is admitting wrongdoing for tens of trillions of dollars' worth of transactions, which number over 50,00...Read More
RESEARCH HIGHLIGHTS:Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025).The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+.Extended basing may continue for the next 2 to 4+ months.I have received many comments and questio...Read More
RESEARCH HIGHLIGHTS:Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025).The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, $3,200 then $5,500+.Extended basing may continue for the next 2 to 4+ months.I have received many comments and questio...Read More
In this interview fund manager Will Thomson walks through his investment rationale for investing in Lumina Gold Corp.Read More
Rio Silver Inc. (TSXV:RYO) wishes to confirm that the company's mRead full newsRead More
Straightup Resources (CSE:ST) is pleased to announce that, further to its news release dated September 9, 2020, Clark Exploration and Consulting has commenced compilation and reinterpretation work of all of the available historical data on the Company's Belanger gold property located in the Red Lake District, Ontario.Read full newsRead More
Renforth Resources Inc. is pleased to inform shareholders that ReRead full newsRead More